Intercom is a standalone voice communication system installed at the entrance or exit of building, society or an office, working independently of public service telecommunication system. It has connection with different walkie-talkie, telephones, loudspeakers & other intercom devices to get the information from the outside panel. Video Intercom device is the advanced from of simple voice intercom. In video intercom system there is an audio visual communication feature by which the person sitting inside the building is able to recognize the visitor to communicate with him and accordingly take the decision whether to permit or not for the entrance.
The demand for video intercom device is rapidly increasing as this system is having many advantages like advanced security video intercom system that provides a high level security to any office, residence or any building as it is the communication medium between external door panel and the interior of the building, with the help of which nobody can enter inside the house without owners permission.
Herein, the insider need not go and respond to the doorbell repeatedly. He/she can directly lock or unlock the door with electrically automated lock assembled in the system by sitting inside the apartment or building. The video intercom device market is one of the growing markets in the sector of the security and surveillance sector and is expected to grow high during the forecast period of 2014-2025. The need for the video intercom accessories in residential and commercial buildings is rising over the years, which absolutely drives the market for the same. The residential applications are projected to increase and commercial applications will be highly escalating with ameliorating economies that would, in turn, lead to additional funds from the private sector and thus witness the fastest growth during the forecast period.
On the basis of device, the market can be segmented into Door entry systems, video baby monitors, and handheld devices. On the basis of access control, market is segmented into Proximity cards, Fingerprint readers, Password access, and Bluetooth control. On the basis of technology market is segmented into Analog type and ip-based video intercom.
The Analog Type, as the name suggests, is based on analog architecture and complex and hardly portable. Ip-based video intercom device segment is a digitalized version of analog. It is more flexible, portable, and accessible from anywhere. Besides, the IP-based video intercom device market is dominant over the analog one.
On the basis of Applications, the market is segmented into Automobiles (Vehicle mounted intercom devices), residential (Door intercom devices), Commercial, Government, educational, industrial & others. On the basis of Geographical Region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa (MEA), Latin America.
Asia Pacific is having maximum market share of video intercom device & it is also becoming the attractive market for the companies to launch their products. The global market for video intercom device is expected to grow at a high CAGR with increasing demand for video surveillance in public as well as private places around global. The Key Players include Honeywell security, Panasonic Corporation, Samsung, Legrand SA, Airphone Corporation, and Godrej & Boyce Manufacturing Company Limited.
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