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IP Intercom Market By Type (Visible, Invisible), By Application (Residential, Government, Commercial, Business, Others) - Growth, Future Prospects And Competitive Analysis 2019 - 2027

Increasing demand from residential applications to bolster the market growth

The I.P. Intercom market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2019 to 2027, starting from US$ 0.94 Bn in 2018. The I.P. intercom includes a call and door release button and attaches to the network directly. It includes Talkmaster software and a PoE interface box providing notification of the doorbell, two-way audio as well as door release. The relay is included in order to be directly connected to the electrical lock. Several versions are available for both indoor and outdoor applications. The I.P. innovation has enabled the development of a wide range of smart new features compared to traditional analog intercom systems. I.P. intercoms enable an impressive feature that allows visitor calls to be re-routed to a different line if an individual is not present to offer access to the premises. The I.P. innovation has enabled the development of a wide range of smart new features compared to traditional analog intercom systems. I.P. intercoms provide an extraordinary feature that allows visitor calls to be re-routed to an alternative line if an individual is not present to permit access to the premises.

Market Synopsis

Residential Segment to lead the global I.P. Intercom market throughout the forecast period

Based on application, the market is divided into commercial, automotive, residential, government, and others. The products are widely used as they furnish protection against burglars in residential buildings. Monitor stations and I.P. video intercom terminals are integrated with closed circuit and access control systems and are featured in the instrument. These equipment have been tailored to ensure maximum security and security for housing estates, private housing as well as apartments. 

The Asia Pacific to Register the Fastest Growth

In terms of revenue share, North America led the global market for I.P. intercom devices in 2018. Due to smart city initiatives in economies such as the U.S. and Canada, it is expected to retain its leading position throughout the forecast years. The development of several initiatives, such as smart buildings and smart transport, is expected to create lucrative growth opportunities for the major players. It is further expected that rapid growth in the region's residential and commercial sectors will fuel the market over the forecast period. It is expected that the APAC regional market will register the highest CAGR over the forecast period. Latin America is anticipated to foresee considerable growth owing to increasing I.C.T. industry development, especially in Brazil and Argentina. The rising number of players in these countries is another key aspect driving the growth of the Latin America I.P. intercom market.

Some of the prominent players operating in the I.P. Intercom market include Alpha Communications; Aiphone Co., Ltd.; Dahua Technology Co., Ltd.; Comelit Group S.P.A.; Honeywell International Inc.; Godrej.Com; Panasonic Corporation; Legrand; Siedle&Sohne O.H.G. and Samsung among others. In order to boost their market shares, these companies focus on strategic partnerships and acquisitions. In addition, companies are also investing in new product development, product portfolio expansion, and R&D to provide cost-effective and reliable I.P. intercom equipment.

Historical & Forecast Period

This research report presents the analysis of each Segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective Segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The I.P. Intercom market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global I.P. Intercom market based on application, type, and geography. Key segments covered in the report are as follows:

 

Segmentation Application Segment (2017–2027; US$ Bn)

  • Commercial
  • Automotive
  • Residential
  • Government
  • Others

Type Segment (2017–2027; US$ Bn)

  • Visible 
  • Invisible

Geography Segment (2017–2027; US$ Bn)

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Unique data points of this report

  • Major drivers, challenges, restraints, and key trends of the global I.P. Intercom market
  • Segmentation by application and type is provided with its regional shares.
  • The study provides thorough market size and forecasts for all the above-mentioned segments.
  • The study comprises the company profiles of key players in the I.P. Intercom market. 

Frequently asked questions :

The market for IP Intercom Market is expected to reach US$ XX Bn in 2027.

The IP Intercom Market is expected to see significant CAGR growth over the coming years, at 3.4%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Alpha Communications, Aiphone Co. Ltd., Dahua Technology Co. Ltd., Comelit Group SPA, Honeywell International Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2019
Category:  Networking and Communications
Report ID:   59950
Report Format:   PDF
Pages:   120
Rating:    4.4 (58)
Delivery Time: 24 Hours to 48 Hours   
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