Video intercom devices are used to manage phone calls while entering in building. This system is utilized for residential and commercial purposes. These devices are controlled by audiovisual communication between the exterior and the interior. Video intercom devices are attached with microphone to pick up and respond to visitor.
The information and communication technology industry are one of the most significant sectors across the globe. It is one of the most thriving sectors in terms of both value and volume and is expected to grow significantly in the coming years. The industry is a driving factor for many other sectors and has transformed their business value over the years. The industry is primarily driven by the technological advancements taking place across the world.
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Rise in demand for video intercom devices in the security and surveillance sector is the key driving factor which is expected to boost the global video intercom devices market growth. Furthermore, rapid urbanization in various economics will create lucrative growth opportunities for market. Also, increase in building automation as well as increase in building automation is driving the adoption of video intercom devices in commercial and residential buildings. Moreover, increase in popularity of smart homes will create an opportunity for the market. Also, government initiatives towards the development of smart cities will drive the global video intercom devices market growth.
However, hackers’ involvement due to management in network security is the major restraining factor which is expected to hamper the global video intercom devices market growth. Also, high initial investments and maintenance cost will affect the market growth.
Global Video Intercom Devices Market is segmented into device type such as Video Baby Monitors, Handheld Devices, Door Entry Systems, by system such as Wired, and Wireless, by technology such as Analog, and IP-Based. Further, market is segmented into end use such as Residential, Government, Commercial, Automotive, and Others.
Also, Global Video Intercom Devices Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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The primary research procedure is based on results of face to face interviews with industry experts and consumers. The secondary research process includes an intricate study of the scholarly journals and reports available online.
Market Key Players
Various key players are discussed in this report such as
- Godrej & Boyce Manufacturing Company Limited
- Panasonic Corporation
- Airphone Corporation
- Honeywell security
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