Challenges and Opportunities in the Video Intercom Devices Market
The global video intercom devices market size is projected to reach USD 58.30 billion by 2030 registering a CAGR of 13.6% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.
These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. They are widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognize the visitor.
Gather more insights about the market drivers, restrains and growth of the Video Intercom Devices Market
Video Intercom Devices Market Report Highlights
• The door entry systems segment is expected to account for the highest market share in 2025 expanding at the highest CAGR of 14.0% from 2023 to 2030
• Door entry systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor
• Password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share
• The wireless segment is anticipated to register the highest CAGR of 14.7% from 2023 to 2030. Wireless systems use a Wi-Fi network to transmit the signals between other intercom security devices
• Lower installation and maintenance costs of wireless video intercom systems are expected to fuel the segment growth over the forecast period
• The IP based segment held the largest revenue share of 63.9% in 2022 and is expected to expand at the fastest CAGR of 13.9% during the forecast period
• North America is expected to be the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region
Video Intercom Devices Market Segmentation
Grand View Research has segmented the global video intercom devices market report based on device type, access control, system, technology, end-use, and region
Video Intercom Devices Device Type Outlook (Revenue, USD Million, 2017 - 2030)
• Door Entry Systems
• Handheld Devices
• Video Baby Monitors
Video Intercom Devices Access Control Outlook (Revenue, USD Million, 2017 - 2030)
• Fingerprint Readers
• Password Access
• Proximity Cards
• Wireless Access
Video Intercom Devices System Outlook (Revenue, USD Million, 2017 - 2030)
• Wired
• Wireless
Video Intercom Devices Technology Outlook (Revenue, USD Million, 2017 - 2030)
• Analog
• IP-based
Video Intercom Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)
• Automotive
• Commercial
• Government
• Residential
• Others
Video Intercom Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
• Asia Pacific
o China
o Japan
o India
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East and Africa
o Saudi Arabia
o South Africa
o UAE
List of Key Players of Video Intercom Devices Market
• Aiphone Corporation
• Alpha Communications
• Comelit Group S.p.A.
• Dahua Technology USA Inc.
• Godrej.com
• Honeywell International Inc.
• Legrand
• Panasonic Holdings Corporation
• SAMSUNG
• Siedle
• 2N TELEKOMUNIKACE a.s..
Order a free sample PDF of the Video Intercom Devices Market Intelligence Study, published by Grand View Research.
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