Wireless Intercom Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024

Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled “Wireless Intercom Market”. The study offers a clear insight about the prevailing trends and innovations happening in the Wireless Intercom Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during the mentioned forecast period. In addition, a holistic view of the entire global market scenario across all the prime regional segments, such as (Regions) has been delivered.

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The intense competition between RTS Intercom, Clear-Com Ltd., and Commend International GmbH characterizes the competitive landscape of the market for wireless intercom in Asia Pacific, finds a report by MRRSE.

These wireless intercom manufacturers rely on product innovations and integration of latest technologies in their existing offerings to grab an edge over each other. For instance, Commend Int. introduced an advanced version of its intercom solution in April 2015, integrated with intelligent volume control function to enhance the speech volume and degrade the background sound in noise-polluted environments. By September 2015, Clear-Com also came up with DX410, a 2.4GHz base station, offering a two-channel, frequency hopping system.

Over the forthcoming years, other than innovation and advancements, competitors in this market will look for strategic alliances with companies in the media and technology sector in order to incorporated technological developments in their products, strengthening their position in Asia Pacific.

Asia Pacific is undergoing a phase of rapid advancements in terms of economy and infrastructure. This infrastructural development has fuelled the need for robust security solutions across the region. The demand for efficient security in Asia Pacific is also witnessing a remarkable surge due to the growing concerns over threats to safety and security, considering the increased crime rate and terror attacks.

Intercoms, being one of the most essential components of a security systems, is, thereby, also witnessing an immense surge in demand in this region. Wireless intercoms, owing to their easy handling, experience a higher demand compared to traditional wired ones. Technical advancements in wireless intercoms, such as the integration of encryption techniques, is also an important factor behind the increasing preference for them over wired intercoms.

Going forward, the rocketing urbanization, together with the speedy growth of smart cities across Asia Pacific, is likely to prepare ground for the widespread application of wireless intercoms over the next few years in this region.

The Asia Pacific market for wireless intercom has witnessed a tremendous rise since the last decade, says MRRSE. Analysts expect it to remain registering steady growth in the near future. Rising at a CAGR of 12.30% between 2015 and 2023, the opportunity in wireless intercom, across Asia Pacific, is likely to increase from US$0.4 bn in 2014 to US$1.1 bn by the end of the forecast period.

Based on technology, radio frequency-based wireless intercoms led the overall market in 2014 with a demand share of more than 80%. The segment is likely expand at a CAGR 10.5% during the forecast period; however, with a 19.80% CAGR, the demand for Wi-Fi-based wireless intercoms will register the fastest growth over the next few years.

The report also segments the wireless intercom market on the basis of application/end-use industry into retail, event management, hospitality, security and surveillance, and logistics. Segmentation of the market on the basis of technology is into Wi-Fi by frequency, RF by frequency, and RF by channel. Furthermore, the report analyzes the factors that drive and restrain the growth of the wireless intercom market. The report also discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of wireless intercom systems. It also provides the market estimates and forecasts for all the segments in terms of revenue. Also provided is the market positioning of key players, distribution channel analysis and top brands in the Asia Pacific wireless intercom market.

Additionally, the report includes competitive profiling of the major players engaged in offering wireless intercoms to particular industrial verticals. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. The major manufacturers providing wireless intercoms profiled in the report include Clear-Com (HME Company), ZENITEL GROUP, Telephonics Corporation, Sena Technologies, Panasonic Corporation, Riedel Communications GmbH & Co KG, RTS Intercom (part of Bosch Security Systems, Inc.), and Commend International GmbH.

Complete Report Details with Tables and Figures @ https://www.mrrse.com/asia-pacific-wireless-intercom-market

The Asia Pacific wireless intercom market is segmented as below:Anchor

Wireless Intercom Market

By Application/End-Use Industry

Retail
Event Management
Hospitality
Security and Surveillance
Transportation and Logistics
Others

By Technology

Wi-Fi
By Wi-Fi Band
8 GHz
4 GHz
6 GHz
Radio Frequency
By RF Channel
Single
Dual
Multi
By RF Band
540 MHz – 680 MHz
721 MHz – 750 MHz
823 MHz – 865 MHz
Others

By Price

By Dealership
By End-user

By Geography

China
ASEAN
Oceania
Rest of APAC

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This release was published on openPR.