Video Intercom Devices and Equipment - Global Market Trajectory & Analytics

Global Video Intercom Devices and Equipment Market to Reach $42.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Video Intercom Devices and Equipment estimated at US$19.5 Billion in the year 2020, is projected to reach a revised size of US$42.4 Billion by 2027, growing at a CAGR of 11.7% over the analysis period 2020-2027. Baby Monitoring System, one of the segments analyzed in the report, is projected to record a 8.5% CAGR and reach US$8.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Handheld Device segment is readjusted to a revised 11.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 15.3% CAGR

The Video Intercom Devices and Equipment market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.9 Billion by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 10.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.

Door/Entrance System Segment to Record 13.7% CAGR

In the global Door/Entrance System segment, USA, Canada, Japan, China and Europe will drive the 12.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.2 Billion in the year 2020 will reach a projected size of US$14.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.3 Billion by the year 2027, while Latin America will expand at a 15.3% CAGR through the analysis period.

Select Competitors (Total 54 Featured):

• Aiphone Corporation
• Alpha Communications
• Christy Industries Inc.
• Comelit Group S.p.A.
• Commend International GmbH
• Fermax Electronica SAU
• Godrej Industries Ltd.
• Honeywell Security Group
• Legrand SA
• Optex (Europe) Ltd.
• Panasonic Corporation
• Samsung Corporation
• Serious Security Pty Ltd.
• Siedle USA
• Smartwares BV
• SVAT Electronics
• Swann Communications Pty. Ltd.
• Zicom Electronic Security Systems Ltd.