Wireless Intercoms to Witness Significant Adoption in the Rest of Asia Pacific

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 Transparency Market Research.

A wireless intercom enables wireless transfer of audio signals between a base station and end terminals (handheld headset, belt pack, speaker station) in any application. Wireless intercom has one base station and multiple belts packs or substations. These belt packs communicate with one another through the base station. Wireless intercom provide such as single, dual, and multiple channels for communication through which the belt packs are connected to one another. The report covers wireless intercom systems that have a base station connected with an analog, digital, or IP-based communication medium in order to connect with other intercom systems. Hence, the report only considers the wireless base stations in the segment.

The market is segmented on the basis of technology and industrial verticals where wireless intercoms are used. Wireless intercoms communicate through the radio frequencies (RF), Wi-Fi, and other technologies, such as Bluetooth, providing mobility to the end-user. The RF and Wi-Fi segments are further divided on the basis of frequency range, providing the revenue and volume distribution for APAC. Furthermore, recent technological developments have helped wireless intercom manufacturers increase the range of their and accommodate more belt packs in a system.

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Security and Surveillance Emerges as Leading Application Area of Wireless Intercoms

Event management, security and surveillance, hospitality, retail, and transportation and logistics are the prime application areas of wireless intercoms. Among these, the security and surveillance segment has emerged as the leading adopter of these intercoms. The rising crime rate has increased the concerns over security among people in Asia Pacific, leading to the growing demand for robust security solutions. Hence, wireless intercoms, being an important part of these solutions, has also witnessed a surge in demand in the recent times.

In 2014, the revenue generated by the application of wireless intercoms in the security and surveillance segment stood at US$100.7 mn. Expanding at a CAGR of 13.2% between 2015 and 2023, it is likely to reach US$302.5 mn by the end of 2023.

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The wireless intercom market in Asia Pacific stretches across Oceania, ASEAN, China, and the Rest of Asia Pacific. The Rest of Asia Pacific, including India, Taiwan, Japan, Pakistan, South Korea, Bangladesh, Fiji, and Sri Lanka, led the overall demand for wireless intercoms in 2014 with a share of nearly 40%. The rising number of industrial complexes, commercial infrastructure, and special economic zones (SEZs), owing to the rapid industrialization, has boosted the application of wireless intercoms in economies in the Rest of Asia Pacific in the recent past.

Looking forward, these intercoms are likely to witness a significant adoption in the security and surveillance, hospitality, and retail sectors in many of the countries in the Rest of Asia Pacific over the next few years. In Japan and South Korea, the application of these intercoms will experience a rise in the event management industry while in Pakistan, Bangladesh, and Sri Lanka, their demand will rise in the security and surveillance sector.

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This release was published on openPR.