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Video Intercom Devices Market By Configuration (Wired, Wireless), By Display Type (Color, Black & White), By Technology Type (Analog, IP-Based), By End-Use Application (Residential, Commercial, Educational, Industrial, Government) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

The growing popularity of smart homes propels the market for video intercom devices.

The market for video intercom devices was valued at US$ 16.24 billion in 2017 and is expected to grow at a CAGR of 13.5% from 2018 to 2026. A video intercom device facilitates audiovisual communication and is considered an advanced form of simple voice intercom. The audiovisual feature of the intercom enables a person sitting inside a building to recognize and communicate with any visitor and thereby decide whether to permit the visitor entry or not. The increasing installation of video intercom devices can be attributed to the growing popularity of smart homes across different regions. Governments in various countries are investing heavily in the development of smart cities. This, in turn, is creating positive demand for security infrastructure and devices such as video intercom devices. In addition, growing security concerns are another prominent factor aiding the video intercom devices market's growth. These factors are expected to positively influence the video intercom devices market's growth.

Market Synopsis

Video Intercom Devices Based on I.P. Technology Will Proliferate in the Coming Years

Technological advancements have led video intercom devices to switch from analog-based technology to IP-based technology. This move is further beneficial as it facilitates better assistance to customers. Panasonic, for example, recently introduced a new full-IP video intercom system. The new system works with a wide range of devices, including networked CCTV cameras, S.I.P. phones, and network video recorders. The system can be connected using a single cable, thereby reducing installation complexity and cost. Similarly, Aiphone Corporation recently replaced its analog technology-based video intercoms with I.P. networked technology, expanding the products' application area. Moreover, it also improved the interoperability and audio-video quality of the devices.

North America Being an early adopter of "smart technology" has helped the market flourish in the region.

The global video intercom devices market was dominated by North America, which accounted for more than 35% of the overall market value in 2017. The video intercom devices market in the region is driven by rising spending on security systems coupled with a strong home automation industry. Factors such as sophisticated communication infrastructure and a strong inclination towards "smart" technologies contribute to the overall growth of the video intercom devices market in North America. Therefore, considering the aforementioned factors, the adoption of security systems with advanced security features is expected to be on the rise in the region. Moreover, people also consider these systems a value-added service for a better quality of life.

R&D activities will continue to take center stage in the coming years.

One of the most common strategies adopted by players in the video intercom devices market is product innovation, which is directed toward improving the existing products and developing new video intercom devices with better functionalities. For instance, in December 2017, Hikivision introduced a new two-wire video intercom design. The new intercom boasts various new features and facilitates convenient installation and enhanced residential security with high-definition imaging. Similarly, The Ring, a company specializing in home security products, launched a video doorbell equipped with an intercom with nighttime infrared vision.

Periods of History and Forecast

2016 : Historic year.

2017: Base Year

2018–2026: Forecast Period

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report elucidates the detailed outline of the global video intercom devices market by categorizing the market in terms of configuration, display type, technology type, end-use application, and geography.

Configuration (2016-2026; U.S. dollars)

  • Wired
  • Wireless

Type of display (2016-2026; US$ BN)

  • Color
  • black and white

Type of Technology (2016-2026; US$ BN)

  • Analog
  • IP-based

Application End-Use (2016-2026; US$ BN)

  • Residential
  • Commercial
  • Educational
  • Industrial
  • Government

Geography (2016-2026; USD Billion)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • Middle East and Africa (M.E.A.)
    • Latin America

Key players profiled in the report include Panasonic Corporation, Honeywell Security, Legrand SA, Samsung, Airphone Corporation, Godrej Group, Zenitel, Zicom, Comelit Group S.P.A., Hangzhou Hikvision Digital Technology Co. Ltd., and Dahua Technologies Co. Ltd., among others.

Frequently Asked Questions:

The market for Video Intercom Devices Market is expected to reach US$ 16.24 Bn By 2026.

The Video Intercom Devices Market is expected to see significant CAGR growth over the coming years, at 13.5%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Panasonic Corporation, Honeywell Security, Legrand SA, Samsung, Airphone Corporation, Godrej Group, Zenitel, Zicom, Comelit Group S.P.A., Hangzhou Hikvision Digital Technology Co. Ltd., and Dahua Technologies Co. Ltd. are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2018
Category:  Technology & Media
Report ID:   59233
Report Format:   PDF
Pages:   120
Rating:    4.3 (70)
Delivery Time: 24 Hours to 48 Hours   
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