Healthy growth predicted for video intercom market

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The global video intercom devices market size is projected to reach USD 58.30 billion by 2030 registering a CAGR of 13.6% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc.

A rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.

Important integration potential

These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. According to the research, they are also widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognise the visitor.

Strong door entry segment

Door entry systems are expected to account for the highest market share in 2025 expanding at the highest CAGR of 14.0% from 2023 to 2030.  These types of systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor.  In addition, password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share.

The wireless segment is anticipated to experience the highest growth rate. Wireless systems use a Wifi network to transmit the signals between other intercom security devices.  The advantages of wireless systems, such as lower installation and maintenance costs are helping to fuel the segment growth over the forecast period.

The researchers found that the IP technology segment held the largest revenue share of 63.9% in 2022 and, it is also this segment that is expected to expand at the fastest CAGR of 13.9% during the forecast period.

North America leads the market

In terms of geography, North America is expected to register the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region.

Some of the key players in this sector and mentioned in the report include companies such as, Aiphone, Alpha Communications, Comelit, Dahua, Godrej, Honeywell, Legrand, Panasonic, Samsung, Siedle, and 2N Telekomunikace.


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