Video Intercom Devices and Equipment Market Analysis: Strategies and Opportunities - Forecast | 2020


Posted February 16, 2016 by ElectronicsIARC

Video Intercom Devices and Equipment Market: By Device (Door Entry, Handheld, Baby Monitor), By Access Control (Proximity Cards, Bluetooth Control and others), By Application (Commercial, Residential and others) & By Geography - Forecast (2015 - 2020)
 
The [b]video intercom devices and equipment market[/b] continues to see robust growth with increasing number of cameras being installed with passing days, as organizations, businesses and governments desire to deter, protect, prosecute and predict. Intercoms have been prevailing in the society since a fair amount of time. The adoption of video intercom system is the new hot trend growing with fast market CAGR.

According to IndustryARC, the [b]video surveillance systems market[/b] is predicted to rise at CAGR 12% during the forecast period 2015-2020 owing to the growing crimes and thus growing need for increased arrangement of surveillance systems in public places across the world.

[i]Browse 176 Pages and an in-depth TOC on “[b]Video Intercom Devices and Equipment Market[/b]”: http://industryarc.com/Report/1287/video-intercom-devices-equipment-market.html[/i]

One of the biggest reasons owing to the [b]rising demand for the video intercom devices and equipment[/b] through the video surveillance market is the shift from audio door phone to video door phone. The advantages of owning an audio door call system has not only driven organizations to adopt the services but is also driving home residents to buy intercom system for home.

[b]Video Intercom Devices and Equipment Market Trends[/b]:

Through law enforcements acts and methods, introduction of body cameras have shown bright colors in terms of sales and revenue in the global market. Differentiation will be a key market driver for almost every equipment vendor, distributor and integrator active in the video surveillance market over the next couple of years.

An attempt to build safer stadiums to attract the latest generation of “digitally connected” public for entertainment coupled with security is the latest cool of the market. This is being used not only for sports but also for festivals, functions and concerts.

Another famous trend being witnessed in this market is the emergence of edge-based video surveillance, which offers high-resolution imaging, but at low costs. The edge-based surveillance systems have inbuilt camera storage and processing systems that reduce the overall cost of video surveillance.

[b]Segment Wise Outlook[/b]:

The unit shipments of the [b]intercom systems on a global scale are projected to grow at 7% CAGR[/b] during the observation period. Advancements in technology like hands-free or portable intercom systems have heightened the comfort levels of customers and thus more number of home intercom systems are being installed all over.

Though the residential applications are expected to increase, commercial applications will be rapidly expanding with improving economies that lead to more investments from the private sector and thus exhibit the fastest growth during the forecast period.

[b]Video Intercom Devices and Equipment Market Driving Factors[/b]:

The launch of low-priced Chinese audio intercom devices is propelling the manufacturers throughout the world to promote more [b]video intercom solutions[/b] in order to cope up with the fierce competition, thus contributing to the market growth. The [b]demand of video intercom devices[/b] in residential and commercial buildings is increasing over the years, which positively drives the market for the same.

According to the report, a major factor driving Video Intercom Devices and Equipment Market is the need for high-resolution imaging. A number of vendors offer cameras with the capability of creating high-megapixel imaging.

[b]Video Intercom Devices and Equipment Market Segmentation[/b]:

On analyzing the global [b]Video Intercom Devices and Equipment Market[/b] with respect to all aspects, IndustryARC has classified the market into various types based on the following factors. Each of the below classification is further segmented into deeper roots which is mentioned in detail in this market report.
• By Device: Door Entry Systems, Handheld Devices and Video Baby Monitors.
• By Access Control: Proximity Cards, Fingerprint Readers, Password Access, Bluetooth Control and Others.
• By Application: Automobiles, Residential, Commercial, Governmental, Educational, Industrial and Others.
• By Geography: Americas, Europe, APAC and ROW

[b]Geographical Brief[/b]:

APAC and the Americas lead the global [b]Video Intercom Devices and Equipment Market[/b], followed by Europe. Government applications are likely to show slow growth due to the austerity acts being imposed for cost cutting, especially in regions such as Europe.

[b]Key Players Understanding[/b]:

Hikvision is noted to be one of the leading players of the global industry. Panasonic Corporation, Samsung, Fermax Electronica S.A.U., Godrej Industries Limited and Honeywell Security are the few top players which are studied and included in this report by IndustryARC. More than 40 companies are analyzed in the report with different business aspects like company overview, details of products, tie-ups and more. Sena has announced their latest trend of video cam with Bluetooth intercom devices. This product is expected to break all grounds in the video surveillance systems globally.

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[b]About IndustryARC[/b]:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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Last Updated February 16, 2016