According to a new report, published by KBV research, The Global Video Intercom Devices Market size is expected to reach $56.5 billion by 2030, rising at a market growth of 13.4% CAGR during the forecast period.
The Wireless segment is experiencing a CAGR of 15.3% during (2023 - 2030). Wireless devices are inexpensive and give consumers secure access control. Among their features are motion detection with audiovisual surveillance, integration with smart locks, free cloud storage for audiovisual content, and keyless entry via an integrated touchscreen keypad. Wireless video intercom systems provide system extension, ease of operation, and flexibility.
The IP-based segment is generating the highest revenue in the Global Video Intercom Devices Market by Technology in 2022; thereby, achieving a market value of $36.9 billion by 2030. IP-based appliances have multiple benefits, including ease of installation, inexpensive initial investment, and low infrastructure costs. CCTV cameras, SIP phones, and network video recorders are examples of IP-based video intercom devices. The segment is growing because of these systems, which offer high-quality video regardless of the quantity of receiving devices.
The Handheld Devices segment would exhibit a CAGR of 13.8% during (2023 - 2030). The handheld devices segment is widely used in hotels, restaurants, service centers, retail stores, etc. Handheld systems allow accessible and clear communication between hotel rooms and homes. Moreover, they feature digital sounds and noise-canceling microphones to avoid overlapping frequencies, which is expected to create growth opportunities for the segment.
The Residential segment is registering maximum revenue in the Global Video Intercom Devices Market by End-use in 2022; thereby, achieving a market value of $18.2 billion by 2030. The products are extensively utilized in residential buildings because they protect against intruders. Monitor stations and IP video intercom terminals are integrated into the device and are linked to access control and CCTV systems. This technology has been customized for private buildings, estates, and apartments for maximum security and safety.
The Fingerprint Readers segment would experience a CAGR of 13.9% during (2023 - 2030). Fingerprint readers add a layer of security to video intercom systems by enabling biometric access control. Users can authenticate their identity through fingerprint recognition, enhancing the accuracy and reliability of access verification. Fingerprint recognition is known for its speed and convenience. Users can access secured areas with a simple touch, eliminating the need for physical keys or access cards. This streamlined process enhances user experience and operational efficiency. Fingerprint readers can be seamlessly integrated with video intercom systems and surveillance cameras. This integration allows for comprehensive identity verification by cross-referencing fingerprint data with real-time video footage, providing an additional layer of security.
The North America region dominated the Global Video Intercom Devices Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.0 billion by 2030. The Europe market is anticipated to grow a CAGR of 13% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 14.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/video-intercom-devices-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled
Unique Offerings 
