video intercom device market is likely to flourish at a CAGR of 13.1% until 2027

The global video intercom device market is expected to register a CAGR of 13.1% during 2017 – 2027, with North America, Western Europe, and APEJ accounting significant shares by the end of the forecast period.

Increased check on trespassing, ensuring safety of property, and communication with visitors are some of the significant factors that can propel the market during the forecast period.

As per the analysis, North America is predicted to lead the global market, with the maximum contribution coming from the residential segment. In APEJ, India and China are likely to make significant participation in strengthening the regional market.

FMI has delivered the key insights on the global video intercom device market in its report titled “Video Intercom Device Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2027”. The growth of the global video intercom device market is expected to be attractive as the market is expected to grow continuously at a CAGR of 13.1% in terms of value during the forecast period, 2017 – 2027.

Click the link to get a free Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1000

Video Intercom Device Market: Dynamics Impacting Revenue Growth

Since the last few years, the adoption of video intercom device has increased considerably, especially in the residential segment. The manufacturers of video intercom devices are planning to reduce the overall as well as the installation cost. Apart from building and societal security infrastructure, video intercom devices are deployed for baby monitoring purpose facilitating parenting ease, by providing information about the baby’s routine activities.

The door/entrance system segment in the global video intercom device market is expected to witness significant growth over the forecast period. The system sends an alert signal to the user regarding the entry and exit of a known or unknown person, even if the user is not present at the premise, which is the prime factor driving the demand for door/entrance system.

On the basis of FMI’s analysis, the door/entrance system is expected to be the dominant sub-segment in the global video intercom device market, followed by the handheld device sub-segment over the forecast period. On the basis of vertical, the residential is expected to the dominant sub-segment in the global video intercom device market. In terms of technology, the IP-based sub-segment is expected to grow at a high CAGR over the forecast period.

Key Segments Covered 

Product

  • Baby Monitoring System
  • Handheld Device
  • Door/Entrance System

Technology

  • IP-based
  • Analog-based

Vertical

  • Government
  • Residential
  • Commercial
  • Manufacturing/Industrial

Key Regions Covered

  • North America Video Intercom Device market
    • U.S.
    • Canada
  • Latin America Video Intercom Device market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Video Intercom Device market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Video Intercom Device market
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ Video Intercom Device market
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan Video Intercom Device market
  • MEA Video Intercom Device Market
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Video Intercom Device Market: Competition Analysis

According to FMI’s analysis, the integration of advanced technologies by the manufacturers of video intercom devices, along with enhancement of functionality will help increase their revenues in the video intercom device market. Examples of some of the key participants operating in the global video intercom device market are Panasonic Corporation, Honeywell Security, LEGRAND, Godrej Industries Limited, Zicom, Zenitel, Aiphone Corporation, Comelit Group S.P.A., Dahua Technologies Co. Ltd., and Hangzhou Hikvision Digital Technology Co. Ltd.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.futuremarketinsights.com/toc/rep-gb-1000

Key Questions Answered in the Report

  1. What is the anticipated CAGR of the global market for video intercom device during the forecast period?

The global market for video intercom device is anticipated to expand at a CAGR of 13.1% from 2017 to 2027.

2. Who are the prominent players of the global market for video intercom device?

Panasonic Corporation, Dahua Technologies Co. Ltd., Comelit Group S.P.A., among others are some of the significant players of the market.

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