Video Intercom Devices and Equipment

Video Intercom Devices and Equipment

Global Video Intercom Devices Market to Reach $42.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Video Intercom Devices estimated at US$20.5 Billion in the year 2020, is projected to reach a revised size of US$42.6 Billion by 2027, growing at a CAGR of 11.1% over the analysis period 2020-2027. Door Entry Systems, one of the segments analyzed in the report, is projected to record a 10.6% CAGR and reach US$18.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Handheld Devices segment is readjusted to a revised 11.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 14.9% CAGR

The Video Intercom Devices market in the U.S. is estimated at US$5.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2027.

Video Baby Monitors Segment to Record 10.9% CAGR

In the global Video Baby Monitors segment, USA, Canada, Japan, China and Europe will drive the 10.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.4 Billion in the year 2020 will reach a projected size of US$6.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 12.1% CAGR through the analysis period.

Select Competitors (Total 54 Featured) -

• Aiphone Corporation
• Alpha Communications
• Christy Industries Inc.
• Comelit Group S.p.A.
• Commend International GmbH
• Fermax Electronica SAU
• Godrej Industries Ltd.
• Honeywell Security Group
• Legrand SA
• Optex (Europe) Ltd.
• Panasonic Corporation
• Samsung Corporation
• Serious Security Pty Ltd.
• Siedle USA
• Smartwares BV
• SVAT Electronics
• Swann Communications Pty. Ltd.
• Zicom Electronic Security Systems Ltd.

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