Advent of Advanced Security Audio-Visual Systems is Expected to Drive the Growth of the Global Intercom Devices Market

The advent of advanced security audio-visual systems has significantly transformed the landscape of the market, ushering into a new era of enhanced communication, surveillance, and security capabilities. This technological evolution has spurred remarkable innovations in intercom devices, driving their demand across diverse industries and regions. Traditional intercom systems primarily focused on audio communication. However, the integration of advanced security audio-visual systems has brought about a revolutionary shift by combining both audio and video elements.

For instance,

• In 2022, the global market for home security systems was valued at approximately USD 56.9 billion, with North America contributing USD 10.2 billion to this total. Moreover, the growing integration of advanced security audio-visual systems further underlines the industry's evolution towards comprehensive security solutions

Access Full Report @ https://www.databridgemarketresearch.com/ar/reports/global-intercom-devices-market

Data Bridge Market Research analyzes that the Global Intercom Devices Market is expected to grow at a CAGR of 12.7% in the forecast period of 2023 to 2030 and is expected to reach USD 58,127.45 million by 2030.   

Key Findings of the Study

Advent of Advanced Security Audio-Visual Systems 

The advent of advanced security audio-visual systems has significantly transformed the landscape of the market, ushering into a new era of enhanced communication, surveillance, and security capabilities. This technological evolution has spurred remarkable innovations in intercom devices, driving their demand across diverse industries and regions. Traditional intercom systems primarily focused on audio communication. However, the integration of advanced security audio-visual systems has brought about a revolutionary shift by combining both audio and video elements. This convergence has empowered users with the ability to not only hear but also see the individuals they are communicating with. In security contexts, this translates to improved verification processes, as personnel can visually confirm the identity of visitors before granting access. This heightened level of verification augments security protocols, making intercom devices an integral component of modern access control and surveillance systems.

The inclusion of video in intercom devices has led to improved situational awareness, particularly in high-security environments. Operators can remotely monitor and assess the surroundings through video feeds, identifying potential threats or anomalies in real time. Whether in critical infrastructure facilities, educational institutions, or commercial complexes, this feature bolsters the proactive response to security incidents, as personnel can make informed decisions based on the visual information provided by the intercom system. 

Report Scope and Market Segmentation

Segment Analysis

The global intercom devices market is segmented into fifteen notable segments based on system type, component, device type, material, power supply, access control, technology, keypad, communication type, price category, communication, application, installation, end user, and distribution channel. 

• On the basis of system type, the market is segmented into wired and wireless.

In 2023, wired segment is expected to dominate the global intercom devices market

In 2023, wired segment is expected to dominate the market with a market share of 72.23% due to its unparalleled reliability and consistent performance. Wired intercom systems, built upon established and robust physical connections, offer a level of stability that is critical for critical communication and security applications. 

• On the basis of component, the market is segmented into hardware, software, and services. In 2023, the hardware segment is expected to dominate the market with a market share of 56.71%. 
• On the basis of device type, the market is segmented into door entry systems, handheld devices, and video baby monitors. In 2023, the door entry systems segment is expected to dominate the market with a market share of 72.74%. 
• On the basis of material, the market is segmented into aluminum, stainless steel, tempered glass, plastic, and others. In 2023, the aluminum segment is expected to dominate the market with a market share of 41.96%. 
• On the basis of power supply, the market is segmented into less than 20 W and more than 20 W. In 2023, the less than 20 W segment is expected to dominate the market with a market share of 59.60%.
• On the basis of access control, the market is segmented into cards, fingerprint readers, proximity cards, password access, face recognition, and others. In 2023, the cards segment is expected to dominate the market with a market share of 35.34%. 
• On the basis of technology, the market is segmented into analog and IP-based. In 2023, the analog segment is expected to dominate the market with a market share of 61.19%.
• On the basis of keypad, the market is segmented into mechanical button and touch pad. In 2023, the mechanical button segment is expected to dominate the market with a market share of 67.75%. 
• On the basis of communication type, the market is segmented into audio/video and only audio.

In 2023, audio/video segment is expected to dominate the global intercom devices market

In 2023, audio/video segment is expected to dominate the market with a market share of 80.33% due to its ability to provide a comprehensive and immersive interaction experience that surpasses traditional audio-only communication. The dominance of the audio/video sub-segment is anchored in its capacity to offer real-time visual cues alongside clear audio, facilitating enhanced understanding and verification of individuals. In scenarios such as visitor entry or remote communication, the inclusion of video complements audio, enabling users to visually confirm identities and assess situations with greater accuracy

• On the basis of price category, the market is segmented into low (below USD 100), medium (USD 100- USD 500), and high (above USD 500). In 2023, the low (below USD 100) segment is expected to dominate the market with a market share of 53.15%.
• On the basis of communication, the market is segmented into push-to-talk and hands-free or handset (duplex). In 2023, the push-to-talk segment is expected to dominate the market with a market share of 71.61%.
• On the basis of application, the market is segmented into outdoor and indoor. In 2023, the outdoor segment is expected to dominate the market with a market share of 65.67%.
• On the basis of installation, the market is segmented into flush and surface. In 2023, the flush segment is expected to dominate the market with a market share of 68.77%.
• On the basis of end user, the market is segmented into commercial, residential, industries, and government. In 2023, the commercial segment is expected to dominate the market with a market share of 50.13%.
• On the basis of distribution channel, the market is segmented into offline and online. In 2023, the offline segment is expected to dominate the market with a market share of 68.92%.      

Major Players

Data Bridge Market Research recognizes the following companies as the major market players in the global intercom devices market that include Hangzhou Hikvision Digital Technology Co., Ltd (Japan), SAMSUNG ELECTRONICS CO., LTD. (South Korea), Panasonic Holdings Corporation (U.S.), Schneider Intercom GmbH (A Subsidiary of TKH GROUP) (Germany), Siedle (U.S.), URMET S.p.A. (Italy), Zicom (U.S.), ABB (U.S.), Aiphone Corporation (U.S.), Godrej & Boyce Manufacturing Company Limited (India), Axis Communications AB (A Subsidiary of Canon Group) (U.K.), Gira (U.S.), and Zenitel (U.S.) among others. 

Market Development

• In September 2022, Hangzhou Hikvision Digital Technology Co., Ltd. introduced its MinMoe Iris Recognition Terminal, setting new standards in access control security. Leveraging the unique and stable iris patterns of individuals, this innovative terminal ensures precise identification and differentiation within just one second, even at a distance of up to 70cm. Its incorporation of color imaging and video anti-counterfeiting further guarantees accuracy. The terminal's multi-method authentication, including iris recognition, face recognition, fingerprint, and cards, enhances flexibility and security for access control solutions.
• In June 2022, ABB continued to elevate the global intercom devices market with its cutting-edge Welcome IP portfolio, redefining door entry control from single dwellings to Multi-Dwelling Units (MDUs). This innovative range encompasses a spectrum of features, including audio/video transmission, intercom, access control, and IP camera integration. The flexible IP infrastructure facilitates easy planning, high scalability, and robust cyber security. Notably, the flagship Welcome IP station boasts a 5-inch touch display, ensuring intuitive user interaction. The IP Touch internal touchscreen and ABB Welcome app seamlessly integrate with the external unit, offering a unified design. ABB's Welcome IP range embodies modernity, versatility, and enhanced functionality, catering to diverse residential and commercial needs.
• In April 2021, Schneider Intercom GmbH, a prominent player in the global intercom devices market, achieved a significant milestone by demonstrating exceptional weather resistance in their Commend od5 and od10 outdoor touch stations. These stations have successfully passed rigorous tests for wind-driven rain according to European standard CEN/TR 15601:2012 and the stringent MIL-STD 810 standard. Despite heavy rainfall conditions of up to 300 mm/h and wind speeds of up to 18 m/s, the od5, and od10 outdoor stations proved their reliability by functioning flawlessly. This achievement enhances Schneider Intercom's reputation for providing rugged and weatherproof intercom solutions, reinforcing their position as a reliable choice for customers seeking superior quality and performance in any weather conditions.
• In October 2018, Panasonic Holding Corporation unveiled its latest addition to the video intercom systems market, the VL-VM series Analog Video Intercom System, targeting the Middle Eastern market. Launched at the Gitex Technology Week, the system offers expandability from two to 32 rooms, catering to apartment complexes and condominiums. This move comes as the region's security industry is rapidly growing due to government regulations, infrastructural investments, and an increasing interest in security technologies. The VL-VM series, with its advanced features such as a wide-angle lens, durability against elements, modular structure, electric lock release, and voice change function, positions Panasonic to effectively tap into the expanding global intercom devices market.

Regional Analysis

The global intercom devices market is segmented into fifteen notable segments based on system type, component, device type, material, power supply, access control, technology, keypad, communication type, price category, communication, application, installation, end user, and distribution channel.

The countries covered in this market report are U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Netherlands, Russia, Switzerland, Denmark, Sweden, Poland, Belgium, Turkey, Norway, Finland, rest of Europe, China, Japan, South Korea, India, Malaysia, Taiwan, Australia, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, Bahrain, U.A.E., Kuwait, Oman, Qatar, Egypt, Israel, and rest of Middle East and Africa.

As per Data Bridge Market Research Analysis:

North America is expected to dominate global intercom devices market during the forecast period 2023-2030  

North America is expected to dominate the market due to the growing burglary and robbery across the region, which are expected to fuel the demand for intercom systems such as video doorbells, video door locks, and other intercom systems, which helps in enhancing overall security as per the customer desire.

Asia-Pacific is expected to be the fastest-growing region in the market during the forecast period of 2023-2030 

Asia-Pacific is expected to be the fastest-growing region due to the robust infrastructure prevalent in the region significantly bolstering the market growth. The growing government initiatives toward the development of smart cities are expected to create substantial opportunities for market growth. The region boasts well-established telecommunications networks, high-speed internet connectivity, and sophisticated hardware infrastructure. These elements synergistically facilitate the integration and deployment of intercom systems, in turn stimulating higher adoption rates and driving market expansion.

For more detailed information about the global intercom devices market report, click here – https://www.databridgemarketresearch.com/ar/reports/global-intercom-devices-market