Global Video Intercom Devices Market – Industry Trends and Forecast to 2031

Video Intercom Devices Market Analysis and Size

The Video Intercom Devices Market offers both color and black-and-white options to suit diverse user preferences and needs. While color models provide enhanced clarity and visual detail, black-and-white versions offer cost-effective solutions with reliable performance. For instance, high-end residential complexes may opt for color intercoms for added security, while budget-conscious offices may choose black-and-white systems for efficient communication.

Data Bridge Market Research analyses that the global video intercom devices market valued at USD 34.44 billion in 2023, will reach USD 58.43 billion by 2031, growing at a CAGR of 6.83% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation      

Market Definition

Video intercom devices are communication systems incorporating video transmission capabilities, enabling visual and audio communication between individuals in different locations. Typically installed at entry points of buildings, residences, or offices, they facilitate secure identification and interaction, allowing users to see and speak to visitors remotely before granting access.

Global Video Intercom Devices Market Dynamics

Drivers

• Rising Concerns about Doorstep Security and Package Theft

With the surge in online shopping, homeowners seek solutions to safeguard deliveries and deter theft. Video intercom systems provide real-time monitoring and communication, enabling residents to verify visitors and authorize access remotely. Integration with smart locks further enhances security by allowing controlled entry. This concern drives the adoption of video intercom devices as an effective measure to protect properties and ensure the safety of delivered packages.

• Technological Advancements offer Improved Functionality and Features

Enhanced video resolution, two-way audio communication, and integration with mobile apps offer users greater convenience and control over their security systems. Innovations such as facial recognition, motion detection, and cloud storage enhance security capabilities, providing more comprehensive monitoring and access control. These advancements drive market growth as consumers seek advanced solutions that offer higher levels of security and convenience for their homes and businesses.

Opportunities

• Customization for Specialized Industry Requirements

Different sectors, such as healthcare, education, and industrial facilities, have unique needs for communication and security. Customized intercom solutions can incorporate features such as HIPAA-compliant communication in healthcare settings or integration with access control systems in industrial environments. By tailoring products to specific industry needs, manufacturers can capture niche markets and build strong partnerships with businesses seeking tailored solutions, thereby enhancing market competitiveness and profitability.

• Growth in Demand for Wireless and Mobile Solutions

Consumers and businesses increasingly prefer the flexibility and convenience offered by wireless systems, allowing for easy installation and remote access via smartphones or tablets. This trend opens up opportunities for manufacturers to innovate and develop advanced mobile app-based intercom solutions. By meeting the growing demand for wireless and mobile integration, companies can capitalize on market growth, attract tech-savvy customers, and stay ahead of competitors in the evolving intercom industry landscape.

Restraints/Challenges

• High Initial Investment for Advanced Features

Manufacturers and consumers face barriers to entry due to the significant upfront costs associated with implementing advanced technology. This limits market penetration and adoption rates, particularly among price-sensitive consumers or businesses. Additionally, the high initial investment may deter companies from innovating or investing in research and development, slowing down the pace of technological advancement within the market. Overall, this restraint impedes market growth and innovation potential.

• Concerns over Data Privacy and Security

Concerns over data privacy and security present a challenge in the video intercom devices market. consumers and businesses hesitate to adopt these devices due to fears of unauthorized access to sensitive information or surveillance breaches. This reluctance slows down market growth as potential customers prioritize safeguarding their privacy over the convenience offered by video intercom systems.

This global video intercom devices market,  report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global video intercom devices market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In June 2023, 2N introduced feature, Adaptive Face Zooming, into its video intercom, enhancing security measures. This innovation enables business owners and users to easily identify visitors, bolstering safety protocols in facilities. The integration underscores the continual advancements and focus on improving security in the video intercom devices market
• In April 2023, Aiphone Corporation launched IX Series kit, a comprehensive solution for video intercom systems. This preprogrammed and preassembled box set offers ease of installation, providing users with a ready-to-use video intercom system. The launch addresses the growing demand for convenient and efficient solutions in the video intercom devices market
• In January 2023, Dahua Technologies Co., Ltd. introduced the EACH series, a pioneering 2-wire hybrid video intercom system tailored for villa applications. This innovative system sets new standards in extensibility, accessibility, convenience, and HD video quality. The launch represents a significant advancement in meeting the evolving demands of the video intercom devices market

Global Video Intercom Devices Market Scope

The global video intercom devices market is segmented on the basis of type, access control, system, technology, end user and display. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Door Entry Systems
• Handheld devices
• Video Baby Monitors

Access Control

• Fingerprint Readers
• Password Access
• Proximity Cards
• Wireless Access

 System

• Wired
• Wireless

 Technology

• Analogue
• IP-Based

 End User

• Automotive
• Commercial
• Government
• Residential
• Others

 Display

• Colour
• Black
• White

Global Video Intercom Devices Market Regional Analysis/Insights

The global video intercom devices market is analysed and market size insights and trends are provided by type, access control, system, technology, end user and display as referenced above.

The countries covered in the global video intercom devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the video intercom devices market, fuelled by growing investments in residential security systems. With continued emphasis on safeguarding homes, the region's dominance is expected to persist, driving demand for advanced video intercom solutions throughout the forecast period.

Asia-Pacific anticipates the highest compound annual growth rate (CAGR) in the video intercom devices market, driven by increasing awareness of their benefits. Additionally, demand from the automobile industry and concerns over rising crime rates contribute to market growth. These factors underscore the region's pivotal role in shaping the future of video intercom devices.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Video Intercom Devices Market Share Analysis

The global video intercom devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global video intercom devices market.

Some of the major players operating in the global video intercom devices market are:

• Siedle (Germany)
• Comelit Group S.p.A (Italy)
• SAMSUNG (South Korea)
• Honeywell International Inc. (U.S.)
• Alpha Communications (U.S.)
• Legrand (France)
• Christy Industries, Inc. (U.S.)
• Panasonic Corporation (Japan)
• Vantage Security (India)
• SVAT Electronics (Canada)
• Smartwares (Netherlands)
• Serious security Pty Ltd (Australia)
• Optex (Europe) Ltd. (U.K.)
• Godrej (India)
• Evervue USA Inc. (U.S.)
• Commend International GmbH (Austria)
• AIPHONE CO., LTD. (Japan)
• Swann (Australia)
• FERMAX ELECTRÓNICA, S.A.U. (Spain)

SKU-44865