Video Intercom Devices

Global Video Intercom Devices Market to Reach US$60.3 Billion by 2030

The global market for Video Intercom Devices estimated at US$32.2 Billion in the year 2024, is expected to reach US$60.3 Billion by 2030, growing at a CAGR of 11.0% over the analysis period 2024-2030. Door Entry Systems, one of the segments analyzed in the report, is expected to record a 10.5% CAGR and reach US$26.2 Billion by the end of the analysis period. Growth in the Handheld Devices segment is estimated at 11.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$8.5 Billion While China is Forecast to Grow at 14.9% CAGR

The Video Intercom Devices market in the U.S. is estimated at US$8.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.7 Billion by the year 2030 trailing a CAGR of 14.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.1% and 8.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.

Global Video Intercom Devices Market - Key Trends & Drivers Summarized

What Are Video Intercom Devices and Why Are They Important for Security and Communication?

Video Intercom Devices are electronic systems that allow individuals to communicate with each other through video and audio links, typically used for security and access control in residential, commercial, and industrial settings. These devices enable real-time communication between individuals inside a building and visitors at the entrance, providing both audio and visual verification before granting access. Video intercom devices play a crucial role in enhancing security by allowing users to visually identify visitors, reducing the risk of unauthorized access. They are also increasingly integrated with other security systems, such as surveillance cameras and alarm systems, offering a comprehensive approach to building security and communication.

How Have Video Intercom Devices Evolved Over Time?

The evolution of Video Intercom Devices has been driven by advancements in video technology, communication protocols, and the increasing demand for integrated security solutions. Early video intercom systems were simple analog devices that provided basic video and audio communication. However, with the advent of digital technology, modern video intercom devices offer high-definition video, enhanced audio quality, and a range of additional features such as remote access, recording capabilities, and integration with smartphones and other smart devices. The development of IP-based intercom systems has further expanded the functionality of these devices, enabling them to be integrated into larger networked security systems. Additionally, advancements in wireless technology have allowed for the creation of wireless video intercom systems, offering greater flexibility in installation and use.

Why Is the Demand for Video Intercom Devices Growing?

The demand for Video Intercom Devices is growing due to several key factors, including the increasing focus on security and the rising demand for smart home and building automation solutions. As concerns about safety and security continue to rise, both residential and commercial property owners are investing in advanced security systems that include video intercom devices as a critical component. The trend towards smart homes and buildings is also driving demand, as video intercom systems are increasingly integrated with other smart devices, offering seamless control and monitoring of access points through a single platform. Additionally, the expansion of urbanization and the growing number of multi-occupancy buildings, such as apartments and office complexes, are contributing to the increased adoption of video intercom devices, as they provide a convenient and secure means of managing visitor access.

What Factors Are Driving the Growth in the Video Intercom Devices Market?

The growth in the Video Intercom Devices market is driven by several factors, including the increasing focus on enhancing security in residential, commercial, and industrial settings and the growing demand for integrated smart home solutions. The rise in urbanization and the increasing number of multi-family and commercial buildings are leading to greater adoption of video intercom devices, as they offer a reliable and efficient way to manage access control. Technological advancements, such as the development of IP-based intercom systems and the integration of video intercoms with smart devices, are also contributing to market growth by offering enhanced functionality and ease of use. The expansion of the IoT and the increasing use of connected devices in homes and businesses are further driving demand for video intercom systems that can be integrated into broader security and automation ecosystems. Furthermore, the growing awareness of the importance of security and the need to protect property and assets are expected to continue driving the adoption of video intercom devices, supporting the overall growth of the market.

SCOPE OF STUDY:

The report analyzes the Video Intercom Devices market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Device Type (Door Entry Systems, Handheld Devices, Video Baby Monitors); Access Control (Password Access, Fingerprint Readers, Proximity Cards, Wireless Access); Technology (IP-Based, Analog-Based); End-Use (Residential, Commercial, Government, Automotive, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 54 Featured) -

• Aiphone Corporation
• Alpha Communications
• Christy Industries Inc.
• Comelit Group S.p.A.
• Commend International GmbH
• EOS Australia PTY LTD.
• Fermax Electronica SAU
• Kanrich Electronic Corp.
• Panasonic Corporation
• Siedle USA

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.