Intercom Devices market research report has been generated with the systematic gathering and assessment of market information for ABC industry which is presented in a form that explains various facts and figures to the business. This report offers exact information about market trends, industrial changes, and consumer behaviour etc. The market data presented in the report helps to recognize different market opportunities present internationally. It is always beneficial for any company, whether it is a small scale or large scale, to choose such market research report for marketing its products or services. Analytical study of this Intercom Devices market report guides in formulating growth strategies to augment sales and build brand image in the market.
Data Bridge Market Research analyses that the Intercom devices market is expected to reach USD 44,823.52 million by 2029, at a CAGR of 12.1% during the forecast period. "Audio/Video" accounts for the most prominent communication segment as this type of communication is in demand and is the best option for increasing security. The intercom devices market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Market Overview:
An intercom system is an advanced type of door entry system with a camera for managing access to a building. Like other types of intercom systems, a video door intercom with a camera also supports communication between visitors and occupants. Rather than relying on just voice, occupants can view live or recorded images from a door entry reader equipped with a camera to verify a visitor's identity before granting access.
Intercom technology supports many other advanced features to strengthen access control security and improve convenience for occupants and visitors. Features such as remote unlocking, cloud-based management, integration with building management systems, artificial intelligence, and facial recognition technologies are giving businesses and property managers greater efficiency and flexibility in managing property access.
Comelit Group S.p.A., Zicom, Fujian Aurine Technology Co.,Ltd., Xiamen Leelen Technology Co., Ltd., Aiphone Corporation, Panasonic Holdings Corporation, Honeywell International Inc., Commend International GmbH. (A brand of TKH group), Legrand Group, FERMAX INTERNATIONAL, S.A.U., Zhuhai Taichuan Cloud Technology Co., LTD., 2N TELEKOMUNIKACE a.s (A brand of Axis Communications Inc.), Competition Electronic(zhuhai) co., ltd., Jiale Group, Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd, SAMSUNG ELECTRONICS CO., LTD., TCS TürControlSysteme AG, COMMAX, WRT INTELLIGENT TECHNOLOGY COMPANY LIMITED, Siedle, Akuvox (Xiamen) Networks Co., Ltd., DoorKing, TOA Corporation, ButterflyMX, Inc., Barix.com, Alpha Communications, Swiftlane, and Bird Home Automation GmbH, among others
Global Intercom Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers
- Advent of advanced security audiovisual systems
There has been a progressive shift in the IoT ecosphere. This ecosphere is served by various standard electronic parts that are hardware integrated with various software. Utilizing custom audio visual services in the IoT era is necessary for driving audiovisual IoT technology. Since IoT enabled devices can connect with the advanced broader network, they are achieving extensive functionality. IoT-enabled video intercom devices such as door locks and interactive displays with guidelines are widely adopted in various sectors such as automotive, commercial, government, residential, and others.
- Increase in robbery and thief cases across the globe
Robbery is the act of stealing, especially by brute force or through threats of violence. Robbers can rob a person or a place, such as a house or business. Therefore, the increased use of intercom devices due to the increase in robbery and theft cases globally is also driving the market's growth.
Restraint/ Challenge
- Rise in cyber security threats weakening intercom solutions
Cybercrime/hacking and cyber security issues have increased by 600% during the pandemic across all sectors. Flaws in network or software security are weaknesses that hackers exploit to perform unauthorized actions within a system. According to Purple Sec LLC, in 2018, mobile malware variants for mobile have increased by 54%, out of which 98% of mobile malware target Android devices. 25% of businesses are estimated to have been victims of crypto-jacking, including the security industry.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Intercom Devices Market
Chapter 3: Regional analysis of the Global Intercom Devices Market industry
Chapter 4: Intercom Devices Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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