Video Intercom Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Apple Inc., Samsung Electronics Co. Ltd., Panasonic Corporation, Honeywell International Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Legrand,

As per the report, the video intercom devices market size has grown rapidly in recent years. It will grow from $28.19 billion in 2023 to $32.66 billion in 2024 at a compound annual growth rate (CAGR) of 15.9%. The video intercom devices market size is expected to see rapid growth in the next few years. It will grow to $59.55 billion in 2028 at a compound annual growth rate (CAGR) of 16.2%.

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Growing Demand For Security And Surveillance Fuels Video Intercom Device Market Expansion
The rising demand for security and surveillance is expected to propel the growth of the video intercom device market going forward. Security and surveillance refer to the measures and systems employed to monitor, detect, and respond to potential threats and unauthorized activities, such as robbery and safety concerns, in various environments. The demand for security and surveillance is increasing due to increasing crime rates, terrorism and global threats, urbanization and population growth, cybersecurity threats, and enhancing public safety. Video intercom systems contribute significantly to security and surveillance by providing visual verification, access control, remote monitoring, and integration capabilities, improving the safety and protection of residential, commercial, and institutional premises. For instance, in October 2023, according to the Office for National Statistics, a UK-based non-ministerial department, UK police recorded robberies reaching 77,337 incidents in 2023, compared to 69,432 incidents in 2022. Therefore, the rising demand for security and surveillance is driving the growth of the video intercom device market.

Innovative Advances In Video Intercom Devices
Major companies operating in the video intercom device market focus on developing advanced products, such as the preprogrammed box set with video intercom system, to streamline installation processes and enhance user convenience. A preprogrammed box set with a video intercom system is an all-in-one, ready-to-install package with preconfigured monitors, cameras, and wiring for seamless setup. For instance, in April 2023, AiPhone Co. Ltd., a US-based international intercom and security communication product manufacturer, launched the IX Series kit, a preprogrammed and preassembled box set with a video intercom system ready to install. The IX Series is a network-based communication and security system featuring video entry security, internal communication, emergency stations, and paging. Key features include video entry, access control, integration with IP cameras and access control systems, and mobile app integration. The IX Series kit is aimed at installers transitioning from traditional analogy-based intercom systems to IP-based video intercom systems.

The video intercom devices market covered in this report is segmented -

1) By Device Type: Door Entry Systems, Handheld Devices, Video Baby Monitors
2) By System: Wired, Wireless
3) By Technology: Analog, Internet Protocol-Based
4) By End-User: Commercial, Residential, Government, Other End-Users

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Major companies operating in the video intercom devices market are Apple Inc., Samsung Electronics Co. Ltd., Panasonic Corporation, Honeywell International Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Legrand, Dahua Technology, VTech Communications Inc., Axis Communications AB, Snap One LLC, URMET S.p.A., Ring LLC, Grandstream Networks Inc., Siedle, Zenitel, Bosch Security Systems, ButterflyMX Inc., 2N, FERMAX, Comelit Group S.p.A., Bird Home Automation GmbH, CyberData Corporation, Alpha Communications

Contents of the report:
1. Executive Summary
2. Video Intercom Devices Market Report Structure
3. Video Intercom Devices Market Trends And Strategies
4. Video Intercom Devices Market - Macro Economic Scenario
5. Video Intercom Devices Market Size And Growth
…..
27. Video Intercom Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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