Video Intercom Devices Market Size, Share and Growth Analysis

Video Intercom Devices Market Analysis Size, Growth rate and Overview:

Video Intercom Devices Market was valued at USD 16.30 Billion in 2017 and is expected to reach almost USD xx billion by the end of 2025, growing at a CAGR of around 13.5% over the predicted period.

The Video Intercom Devices Market is one of the growing markets in the security and surveillance sector and is expected to experience strong growth during the 2014-2025 forecast period. The video intercom device is the most advanced intercommunication system. In the video entry system, there is an audiovisual communication function by which the person sitting inside the building can recognize the visitor to communicate with him and make the decision to allow or not.

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Video Intercom Devices Market Key Drivers, Challenges, and Opportunities:

The key determinants of the video intercom device market include the safety of personnel and family assets, the monitoring of babies, communication with visitors and control of intrusions. The demand for video intercom is growing rapidly since this system has many benefits, such as the advanced security to any office, residence or building, since it is the means of communication between home and the building, and allows no unintended entry to the house without the permission. Residential applications are expected to grow and commercial applications will increase significantly with the improvement of economies, which, in turn, will result in additional financing from the private sector and, therefore, will register the fastest growth during the forecast period.

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Video Intercom Devices Market – Regional Presence:

Asia Pacific is having maximum market share of video intercom devices and is also becoming the attractive market for the companies to launch their products. The regional market for video intercom device is expected to grow at a high CAGR with increasing demand for video surveillance in public as well as private places. Eastern Europe is expected to follow North America in terms of revenue generation. Intelligent video intercoms are gradually replacing in residential projects and offices in European countries.

Some of the Key Players Profiled in this Video Intercom Devices Market Report are:

Panasonic Corporation, Honeywell Security, Legrand SA, Samsung, Airphone Corporation, Godrej Group, Zenitel, Zicom, Comelit Group S.P.A., Hangzhou Hikvision Digital Technology Co. Ltd., Dahua Technologies Co. Ltd.

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