Video intercom device market is valued $2,804.8 million in the year 2017 and is anticipated to grow with a CAGR of 8.3% from the year 2018 to 2023. America is having the highest market share of $1,150.8 million in the year 2017 and is expected to grow with a CAGR of 8.3% during 2018 to 2023.
What is Video intercom Device Market?
Video intercom device are those which enable visitors to be viewed before they are addressed. These devices are provided with both indoor and outdoor elements. The outdoor panel is installed beside the entrance door with different elements which can work in any climatic condition. The indoor element is provided with an electronic lock release. Video intercom devices are provided with a micro camera adapted foe night vision to capture the image of the visitor. They are also attached with a microphone to pick up and respond to the visitor.
What are the major applications for Video Intercom Device Market?
The major applications of Video intercom Device includes commercial, healthcare, education and residential. In healthcare video intercom devices are used for emergency calling to other person to treat any patient with the help of other doctor and also used in pharmacies and record rooms whereas in commercial applications it is used for employees and customers safety and security and also for protecting the valuable assets.
Market Research and Market Trends of Video intercom Device Market:
- Modern video intercom devices are taking advantage of mobile apps. When any visitor drop or press the intercom button the message is forwarded to the authorized person’s mobile phone ensuring that responding the visitors is quick and easy.
- The video intercom devices are now available with a cloud technology which can record and store the data and also available with the user interface. The recorded information is easy to browse from anywhere using the mobile phone. The integration of cloud based camera in video interface devices will also help to adjust the range of the camera and direction using a mobile device.
- The launch of new video intercom device is provided with the advanced features such as built-in Bluetooth 4.2 module and 100W Class D audio amplifier to provide an all-in-one solution to audio streaming and powerful music amplification. With the latest Bluetooth technology the user will be able to enjoy further streaming distances with less power usage.
Who are the Major Players in Video intercom Device Market?
The companies referred in the market research report includes Aiphone Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Dahua Technology Co. Ltd, Honeywell International Inc and more than 10 other companies.
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Key Takeaways from this Report
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