Global Video Intercom Devices Market to reach xx billion by 2027.Global Video Intercom Devices Market is valued approximately at USD 22.67 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2021-2027. Rising trend of investing in technology for security measures is fueling demand in the market. Video intercom devices has a camera, speaker, and a push button at an entrance door, and an internal monitor unit that can communicate with the entrance unit. Rising popularity for smart homes, growing concern for security at public and private places and new product launches are pushing the market growth. For instance, according to Statista, number of smart homes worldwide has increased from 141.91 million in 2017 to 222.9 million in 2020, and it is expected to reach 478.22 million by 2025. Additionally, in October 2020, Comelit launched Ultra, a new modular entrance panel. This product was launched in accordance with enhancing their video door entry systems product portfoilio. Furthermore, technological advancement and deployment of 5G network are expected to push the market further towards growth during forecast period. In May 2021, Aiphone revealed a touchless sensor for gesture-activated calling. This touchless sensor allows a way for visitors, vendors, and employees to initiate a contactless call with a simple gesture. However, high initial investment and maintenance cost and interruption due to overlapping frequencies may hamper the growth in coming years.

North America is leading the market with highest market share among Asia Pacific, North America, Europe, Latin America, and Rest of the World. Also, North America is expected to grow at the highest rate during forecast period, owing to initiatives such as smart transportation and smart buildings coupled with rapid growth of residential and commercial sector.

Major market player included in this report are:

Aiphone Co., Ltd.
Alpha Communications
Comelit Group S.P.A.
Dahua Technology Co., Ltd.
Godrej Industries Limited
Legrand
Honeywell International Inc.
Panasonic Corporation
Samsung Group
Siedle & Sohne OHG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device Type:
Door Entry Systems
Handheld Devices
Video Baby Monitors
By Devices Access Control:
Fingerprint Readers
Password Access
Proximity Cards
Wireless Access
By Devices System:

Wired
Wireless
By Device Technology:
Analog
IP-based
By Device End Use:
Automotive
Commercial
Government
Residential
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Video Intercom Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors