Global and Europe Video Intercom Devices Market Overview:
Intercom is an autonomous voice communication system installed in the entrance or exit of a building, company or office, which operates independently of the public service telecommunications system. It has a connection with different walkie-talkies, telephones, loudspeakers and other intercommunication devices to obtain information from the outer panel. The video intercom device is the most advanced of the voice intercommunication systems. In the video entry system, there is an audiovisual communication function by which the person sitting inside the building can recognize the visitor to communicate with him and make the decision to allow or not.
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Global and Europe Video Intercom Devices Market Drivers and Restraints:
The demand for video intercom is growing rapidly since this system has many benefits, such as the advanced security that provides a high level of protection to any office, residence or building, since it is the means of communication between home and the building, and allows no unintended entry to the house without the permission. The video intercom equipment market is one of the growing markets in the security and surveillance sector and is expected to experience strong growth during the 2013-2023 forecast period. Residential applications are expected to grow and commercial applications to increase significantly with the improvement of economies, which, in turn, will result in additional financing from the private sector and, therefore, will register the fastest growth during the forecast period.
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Global and Europe Video Intercom Devices Market Segmentation:
Depending on the devices, the market can be segmented into door systems, baby video monitors and handheld devices. Based on access control, the market is segmented into proximity cards, fingerprint readers, password access and Bluetooth control. Based on the technology, it is segmented into analog video and IP.
The analog type, as the name implies, is based on a complex and difficult to use analog architecture. The segment of the IP-based video intercom device is a digitized version of the analog. It is more flexible, portable and accessible from anywhere. In addition, the market for IP video intercom devices is dominant over analog devices.
According to the applications, the market is segmented into automobiles (vehicle intercommunication devices), residential (door intercommunication devices), commercial, governmental, educational, industrial and others. According to geographic regions, the market is segmented between North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and Latin America.
Global and Europe Video Intercom Devices Market Geographic Segmentation:
Asia Pacific is having a maximum market share of video intercom device and is also becoming an 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 globally.
Key Players in Global and Europe Video Intercom Devices Market are:
Key players in the market include Honeywell security, Panasonic Corporation, Samsung, Legrand SA, Airphone Corporation, and Godrej & Boyce Manufacturing Company Limited.
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