The video
intercom devices and equipment market 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 video surveillance systems market 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.
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One of the biggest reasons owing to the rising demand for the video intercom
devices and equipment 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.
Video Intercom Devices and Equipment Market
Trends:
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.
Segment
Wise Outlook:
The unit shipments of the intercom systems on a global scale are projected
to grow at 7% CAGR 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.
Video
Intercom Devices and Equipment Market Driving Factors:
The launch of low-priced Chinese audio intercom devices is propelling the
manufacturers throughout the world to promote more video intercom solutions in order to cope up with the fierce
competition, thus contributing to the market growth. The demand of video intercom devices 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.
Video
Intercom Devices and Equipment Market Segmentation:
On analyzing the global Video Intercom Devices and Equipment Market 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
Geographical
Brief:
APAC and the Americas lead the global Video Intercom Devices and Equipment Market,
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.
Key Players
Understanding:
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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in various industries, such as Agriculture, Automotive, Automation &
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