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Video Intercom Devices Market Analysis

  • Report ID: GMI9892
  • Published Date: Jun 2024
  • Report Format: PDF

Video Intercom Devices Market Analysis

Based on device type, the market is divided into door entry systems, handheld devices, and video baby monitors. The door entry system segment dominates the market and is expected to reach over 37 billion by 2032.
 

  • Solutions for managing and controlling access to buildings are the focus of the door entry system market segment. These systems combine audio communication capabilities and camera-equipped door stations with video intercoms. They improve convenience and security by facilitating two-way communication and visual identification between residents and guests.
     
  • These devices offer the ability to control entry remotely through mobile apps, seamless connection with smart home systems, and cutting-edge security features such as motion detection and night vision. By guaranteeing efficiency and safety, these systems meet the growing need for reliable access control solutions in residential and commercial settings.
     

Video Intercom Devices Market Share, By End-use, 2023

Based on end use, the market is divided into automotive, commercial, government, residential, and others. The commercial segment is the fastest growing, with a CAGR of over 14% between 2024 and 2032.
 

  • Specializing in advanced solutions for communication, security, and access control, the commercial section of the video intercom devices market serves enterprises and commercial properties. These systems combine audio communication features and high-definition cameras in door stations with video intercoms. With features, such as biometric authentication, card access systems, or remote unlocking via mobile applications, they enable smooth visitor control.
     
  • Commercial video intercom systems have several advantages such as better operational efficiency with centralized administration platforms, increased security with real-time monitoring, and interaction with current building automation systems for all-encompassing control. They offer features that may be customized to meet unique business requirements and are expandable to accommodate the demands of multi-tenant buildings, large corporate campuses, and small businesses.
     
U.S. Video Intercom Devices Market Size, 2022-2032 (USD Billion)

North America dominated the global video intercom devices market in 2023, accounting for a share of over 33%. The market for video intercom devices in the U.S. is distinguished by an increasing focus on building and home security solutions. There is a noticeable need for sophisticated video intercom systems due to growing safety concerns and increased usage of smart homes. These systems offer capabilities, such as real-time monitoring through mobile apps and remote access control, and they interface with smart home ecosystems. Technological developments, strict security laws, and a need for integrated, user-friendly solutions that improve residential and commercial property management are some main motivators.
 

China's market for video intercom devices is growing quickly due to rising security requirements and urbanization trends. The increasing popularity of smart home technologies has increased the demand for integrated security solutions with remote access and monitoring features. Manufacturers are focused on creating cutting-edge systems that serve the home and business markets, utilizing advancements in AI and cloud computing to improve usability and functionality.
 

Japan's market for video intercom devices stands out due to its emphasis on cutting-edge technology and intricate engineering. Japanese manufacturers take the lead in creating high-definition video intercoms with cutting-edge technologies, such as facial recognition and remote monitoring via mobile apps, with a focus on home and business security. Growing urbanization, strict security regulations, and a culture that prioritizes efficiency and safety in both residential and professional settings are driving the market's expansion.
 

The market for video intercom devices in South Korea is driven by technological advancements and an advanced consumer electronics environment. Enterprises utilize the country’s robust R&D resources to launch state-of-the-art video intercom systems. These systems include features, such as voice command controls and AI-enhanced security functionalities, and they connect smoothly with smart home ecosystems. Rapid urbanization increased smart technology adoption among consumers, and an emphasis on improving security measures for homes and businesses are driving the market's expansion.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for video intercom devices was valued at USD 23.62 billion in 2023 and is anticipated to grow at over 13% CAGR between 2024 and 2032 owing to the rising use of smart home technology and increased security concerns.

The commercial segment in the video intercom devices market will witness over 14% CAGR between 2024 and 2032 as they offer features that may be customized to meet unique business requirements.

North America market accounted for over 33% share in 2023 due to growing safety concerns and increased usage of smart homes.

Aiphone Corporation, Comelit Group S.p.A., Fermax Electronica S.A.U., Honeywell International Inc., Panasonic Corporation, Ring (an Amazon company), and Samsung Electronics.

Video Intercom Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 305
  • Countries covered: 21
  • Pages: 210
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