Video Intercom Devices Market Expands with Rising Demand for Home Security, Smart Homes, and Contactless Communication

The Video Intercom Devices Market grows with the increasing need for home security, smart home ecosystems, and the shift towards contactless communication.

AUSTIN, TX, UNITED STATES, December 2, 2024 /EINPresswire.com/ -- Market Scope and Overview

The Video Intercom Devices Market, valued at USD 41.79 billion in 2023, is anticipated to experience remarkable growth, with projections indicating a rise to USD 128.62 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.27% from 2024 to 2032.

As security and communication needs evolve, video intercom systems are becoming an essential part of modern infrastructure. The integration of video capabilities into intercom devices offers improved security, convenience, and functionality compared to traditional audio-only systems. These systems enable real-time video communication, allowing users to verify visitors, enhance building security, and improve accessibility. The adoption of smart home technologies has further spurred demand, as consumers seek integrated solutions that connect intercom systems to mobile phones, home automation systems, and other IoT devices.

Increasing urbanization and the rising need for secure living environments are also driving market growth. As cities expand, the demand for integrated security solutions, including video surveillance and communication devices, intensifies. Commercial buildings such as offices, retail stores, and industrial facilities are adopting video intercom systems to streamline visitor management, improve security protocols, and enhance communication. Additionally, innovations such as wireless video intercom devices, integration with smartphone apps, and enhanced video resolution are boosting the appeal of these products. The growing popularity of DIY installation kits, especially in residential applications, is further contributing to market expansion.

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Some of the Major Key Players in the Market are:

➤ Hikvision (DS-KH6320-WTE1, DS-KIS603)
➤ Samsung Electronics (Samsung Smart Video Doorphone, Samsung DRC-4K)
➤ Comelit Group SpA (Visto,Simplebus)
➤ Legrand (Bticino Classe 100, Bticino 2-Wire Video Door Entry System)
➤ Aiphone (JOS-1VW, JOS-1AW)
➤ 2N (2N Indoor Touch, 2N IP Verso)
➤ TCS (Telecommunication Systems) (HomeTec, TCS Voice and Video Entry Systems)
➤ Bosch Security Systems (Divar IP, Video Entry System)
➤ Siedle & Sohne OHG (Siedle Steel, Siedle Smart Gateway)
➤ Panasonic (VL-SVN511, VL-SW250BX)
➤ VTECH Communications (IS7100, IS8151)
➤ Geesa (C300 Video Intercom, C200 Video Intercom)
➤ Fermax (WayVision, CityMax)
➤ ABB (ABB-Welcome Video Intercom, ABB-Welcome Touchscreen)
➤ ZKTeco (ZKTeco Video Door Phone, ZKTeco IP Video Intercom)
➤ Vivi (Vivi Video Doorphone, Vivi Entry System)
➤ DoorBird (D101, D1101V)
➤ ButterflyMX (ButterflyMX Video Intercom, ButterflyMX Mobile App)
➤ Vanderbilt (ACTenterprise, ACTpro Video Intercom)
➤ Valcom (V-1071 Video Intercom, V-1070 Video Entry System
➤ Others

Video Intercom Devices Market Opportunities

With rapid technological advancements, the market is witnessing significant opportunities for innovation. The integration of artificial intelligence (AI) and machine learning into video intercom systems is enhancing capabilities such as facial recognition, automated access control, and improved video clarity. The rise of 5G technology presents an opportunity to improve the speed and quality of video transmission, allowing for better real-time communication and broader deployment of video intercom systems.

The increasing demand for smart homes and commercial buildings with integrated automation systems is another key opportunity. Video intercom systems are increasingly being incorporated into comprehensive smart building management solutions, enabling users to control various aspects of their environment—such as lighting, temperature, security, and communication—from a single platform. This shift toward connected systems is expected to expand market reach and promote adoption across various sectors.

Regional Analysis

North America held a 34% share of the video intercom devices market in 2023, largely due to the adoption of smart home technologies and a growing focus on security solutions. The U.S. accounted for a significant portion of the market, driven by demand for integrated security and communication systems in residential and commercial sectors. The increasing use of video intercoms in multi-family housing units and commercial buildings further supports growth. Advancements in 5G and IoT are expected to sustain the region's dominance throughout the forecast period.

Asia-Pacific is poised to experience the highest growth rate in the video intercom devices market, driven by urbanization, infrastructure development, and increasing security concerns. China, Japan, South Korea, and India are leading markets in the region. The growing prevalence of residential security systems, coupled with the rise in high-rise buildings and gated communities, is driving demand. Additionally, concerns over screen addiction and the need for digital wellness are prompting adoption. As mobile and cloud technologies continue to evolve, the region is expected to witness significant growth.

Market Segmentation

By Device Type: In 2023, door entry systems accounted for 46% of the market share, generating the largest revenue. These systems are essential for securing building entrances, allowing users to verify visitors before granting access. Automated and secure entryways in residential and commercial buildings are driving adoption. Features like video surveillance, remote access, and real-time visitor communication enhance their appeal.

By End-Use: The residential segment held 44% of the market share in 2023. Rising home security concerns and the adoption of smart home technologies are driving demand. Video intercom systems offer homeowners an effective way to monitor visitors, improve safety, and control access. Affordable and user-friendly solutions are encouraging widespread adoption in residential settings.

Key Segments:

Video Intercom Devices, by Device Type

➤ Door entry systems
➤ Handheld devices
➤ Video baby monitors

Video Intercom Devices, by Access Control

➤ Fingerprint readers
➤ Password access
➤ Proximity cards
➤ Wireless access

Video Intercom Devices, by System

➤ Wired
➤ Wireless

Video Intercom Devices, by Technology

➤ Analog
➤ IP-based

Video Intercom Devices, by End-use

➤ Automotive
➤ Commercial
➤ Government
➤ Residential
➤ Others

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Recent Developments

➤ Aiphone (2023): Aiphone launched a new line of wireless video door stations featuring enhanced video resolution and remote connectivity for residential and commercial applications.

➤ TCS International (2023): TCS International unveiled a video intercom system designed for high-end residential complexes. The system integrates smart automation features such as remote access and voice recognition technology to enhance security and convenience.

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Table of Contents:

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. Video Intercom Devices Market Segmentation, by Device Type

8. Video Intercom Devices Market Segmentation, By Access Control

9. Video Intercom Devices Market Segmentation, By System

10. Video Intercom Devices Market Segmentation, By Technology

11. Video Intercom Devices Market Segmentation, By End-use

12. Regional Analysis

13. Company Profiles

14. Use Cases and Best Practices

15. Conclusion

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