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The global video intercom devices market stood at a value of nearly USD 28.91 billion in 2023. The industry is further expected to grow at a CAGR of almost 13.2% in the forecast period of 2024-2032 to reach USD 88.06 billion by 2032.
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The global video intercom devices industry is being driven by the growing demand for enhanced security equipment, the development of advanced tools with integrated audio and video features, and the growing automation in building infrastructure. These devices help the user by transmitting audio and visual information of a visitor to the loudspeakers, telephones, etc., which can be further accessed by the user.
Video intercom devices are widely installed as audiovisual communication systems, for security purposes, at the entry-exit points of offices, buildings, societies, etc.
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The global video intercom devices industry can be divided based on segments like technology, types, controls, systems, applications, and regions.
The EMR report looks into the regional video intercom devices markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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With the advancement in technology, the equipment designed for security purposes are witnessing increased development and innovation, which is aiding the industry growth. The growing adoption of automation in building structures is driving the demand for video intercom devices in residential as well as commercial buildings. The increasing urbanisation and rising disposable incomes, particularly in emerging economies are providing enhanced growth opportunities to the industry for its development. Further, the increased construction of smart homes and its rising popularity among consumers, coupled with the various initiatives by the government towards the development of smart cities is anticipated to aid the industry growth over the forecast period. However, the high installation and maintenance cost of video intercom devices may hamper the industry growth in the future.
The door entry systems segment, among other types, dominated the global video intercom devices industry in 2020 owing to its advantages like enhanced digital sounds and noise-cancelling features. The password access segment is expected to account for the largest share in the industry. Region-wise, North America accounted for the largest share in the industry in 2020 while the Asia Pacific is expected to witness the highest CAGR over the forecast period owing to increased urbanisation in the region.
The report presents a detailed analysis of the following key players in the global video intercom devices industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Type |
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| Breakup by Control |
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| Breakup by System |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of approximately USD 28.91 billion.
The market is projected to grow at a CAGR of approximately 13.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 88.06 billion by 2032.
The major drivers of the market include the growing automation in building infrastructure, advancements in technology, increasing urbanisation, rising disposable incomes, increased construction of smart homes, and initiatives by various governments.
The growing demand for enhanced security equipment and the development of advanced tools with integrated audio and video features are the key trends propelling the market growth.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Analogue and IP-based are the primary technologies in the global video intercom devices market.
Door entry systems, handheld devices, and video baby monitors are the types of video intercom devices.
The controls for video intercom devices in the market include fingerprint readers, password access, proximity cards, and wireless access.
The systems for video intercom devices in the market are wired and wireless.
The significant applications in the market are automotive, commercial, government, and residential, among others.
The major players in the market are Aiphone Co., Ltd., Dahua Technology Co., Ltd., Godrej Industries Limited, Honeywell International Inc., Legrand, Panasonic Corporation, and Samsung Group, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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