The Latin America, Middle East and Africa Video Intercom Devices Market would witness market growth of 15.6% CAGR during the forecast period (2023-2030).
Urban environments often face higher security concerns due to higher population density and crime rates. Video intercom devices provide an additional layer of security by allowing residents, businesses, and organizations to visually verify individuals before granting access, enhancing overall safety. Urban centers are hubs for commercial activities, including offices, retail stores, and public spaces. Video intercom devices are used for efficient visitor management in commercial spaces, ensuring secure access and enhancing overall safety for employees and customers. Smart cities and smart structures are gaining popularity in urban development. Video intercom devices seamlessly integrate with smart building solutions, offering a connected environment where security, communication, and access control are centrally managed.
The ongoing urbanization often involves construction projects, including high-rise buildings and urban developments. Video intercom systems are deployed in these projects to address access control needs and ensure secure communication within the complex infrastructure. Urban areas witness a rise in multi-tenant buildings, such as condominiums and mixed-use developments. Video intercom devices play a critical role in access management within multi-tenant settings by facilitating secure and convenient communication between residents and visitors. With the growth of urbanization, the demand for efficient package delivery services has increased.
The UAE has witnessed rapid urban development, with iconic skyscrapers and large-scale projects becoming a hallmark of cities like Dubai and Abu Dhabi. The UAE has been at the forefront of smart city initiatives. Video intercom devices are an integral part of these initiatives, providing smart and connected solutions for access control, communication, and security within urban environments in the UAE. The UAE's tech-savvy population is inclined towards adopting the latest and most advanced security solutions. Due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Video Intercom Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,264.9 million by 2030. The Argentina market is registering a CAGR of 16.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 15.3% during (2023 - 2030).
Based on System, the market is segmented into Wired, and Wireless. Based on Technology, the market is segmented into IP-based, and Analog. Based on Type, the market is segmented into Door Entry Systems, Handheld Devices, and Others. Based on End-use, the market is segmented into Residential, Commercial, Government, Automotive, and Others. Based on Access Control, the market is segmented into Password Access, Fingerprint Readers, Proximity Cards, and Wireless Access. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Video Intercom Devices Market is Projected to reach USD 56.5 Billion by 2030, at a CAGR of 13.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aiphone Co., Ltd., Alpha Communications, Comelit Group S.p.A., Zhejiang Dahua Technology Co., Ltd., Axis Communications AB, Honeywell International, Inc., Legrand Group, Panasonic Holdings Corporation, Samsung Electronics Co., Ltd. and S. Siedle & Soehne Telephone and Telegraph Works OHG.
By System
By Technology
By Type
By End-use
By Access Control
By Country
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