Door Intercom market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Door Intercom market by region.
The Global Door Intercom Market is expected to register a 7.92% CAGR, exhibiting significant growth during the forecast period. The market was valued at USD 2,155.4 Million in the year 2018; it is expected to reach USD 3,663.6 Million by the year 2027.
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According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
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Asia-Pacific is responsible for the largest market value of USD 938.9 Million in the year 2018; the market is anticipated to register a CAGR of 9.63% during the forecast period. Door intercom systems or door phone is a stand-alone voice communications system that is used within a building or small collection of buildings, functioning independently of the public telephone network. These systems usually include a camera installed outside the door. Video intercom equipment is widely installed as audio visual communication systems at the entry-exit points of offices, societies, and commercial buildings, among others. These devices transmit the audio and visual information by using loudspeakers, camera and other components to enable the communication between the visitor and user. Fast urbanization in different economies coupled with elevated building automation is driving the adoption of door intercom systems for residential and commercial applications.
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COMMAX (South Korea), Samsung Electronics Co., Ltd (South Korea), Legrand SA (France), Shenzhen Soben (China), Honeywell International, Inc. (US), Kocom Co., Ltd (South Korea), Schneider Electric SE (France), Aiphone Corporation (Japan), Guangdong Anjubao Digital Technology Co., Ltd (China), Panasonic Corporation (Japan), Fujian Aurine Technology Co., Ltd (China), Dahua Technology Co., Ltd (China), ABB Group (Switzerland), Fermax (Spain), TCS AG (Germany) are some of the major players of the Global Door Intercom Market.
ordinal intercom system and Wi-Fi intercom system.
The ordinal intercom system segment accounted for the largest market share in the year 2018, with a market value of USD 1,111.50 Million. The Wi-Fi intercom system segment is expected to register the highest CAGR during the forecast period.
Ordinal intercom systems are the most common type of door intercom systems and are usually built by professionals during the construction phase. This type of intercom system is usually hidden inside the walls of a house and a bit expensive in comparison to other types of intercom systems. Wi-Fi intercom systems use different types of radio frequencies to send intercom signals within the property. Wi-Fi intercom systems are less costly as compared to ordinal intercom systems. These devices do not require any installation. In most cases, Wi-Fi intercom systems are battery-powered, and these batteries can last for a long time. Some intercom systems send out notifications when the battery needs to be replaced. Also, some indoor or outdoor wireless intercom systems are equipped with portable receivers.
Apartments, Houses, Hotel, Office and Others
Geographically, the global door intercom market, by region, has been bifurcated into different regions like Asia-Pacific, North America, Europe, Middle East & Africa, and Central & South America. Asia-Pacific is expected to dominate the global door intercom market during the forecast period.
TABLES OF CONTENTS
EXECUTIVE SUMMARY MARKET INTRODUCTION RESEARCH METHODOLOGY MARKET DYNAMICS MARKET FACTOR ANALYSIS COMPETITIVE LANDSCAPE COMPANY PROFILES
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What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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