Door Intercom Market is projected to grow at a CAGR of 8.5% during the forecast period: MRFR

Pune, India, April 2023, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Door Intercom Market.

Door Intercom Market Highlights

The Door Intercom Market is predicted to reach USD 6.6 billion by 2032, registering an 8.5% CAGR during the forecast period, 2024–2032. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the next few years. The global Door Intercom Market is expected to witness significant growth during the forecast period, primarily due to the use of IP technology and open standards in door intercom systems and rising customer awareness about safety and home security.

A door intercom system is an electronic gadget that transmits and receives audio and/or video in order to enable two-way communication. For various applications in homes, enterprises, offices, etc., there are numerous types of intercom systems on the market. Intercoms act as an extra layer of security on a front door, gate, or barrier they are a two-way communication device that allows users to speak to a house visitor without having to open the door and can also be implemented with a locking system so they that users can open the door to them remotely.

In October 2020, Comelift Group S.P.A launched a new modular entrance panel. The new panel is suitable for villas, apartments, buildings, and large complexes. The panel has video entry technology, such as a 2-wire and IP system.

Segmental Analysis

The scope of the global door intercom system Market has been segmented based on Product Type, Sales Channel, Connectivity, and Application.

Based on Product Type, the global Door Intercom Market is segmented into Outdoor Intercom System, and Indoor Intercom System. The Outdoor Intercom System segment is expected to exhibit the fastest CAGR during the projected period.

Based on Sales Channel, the global Door Intercom Market is segmented into Installers/ Third-Party Service Providers, Builders, Electrical Wholesalers, and Do-It-Yourself/Online. The Do-It-Yourself/Online segment is expected to exhibit the fastest CAGR during the projected period.

Based on Connectivity, the global Door Intercom Market is segmented into Wired Systems, and Wireless Systems. The Wired Connection sub-segment is further bifurcated into 2-Wire Systems, Cat-5 Systems, and Others. Again, the Wireless Connection sub-segment is further bifurcated into Wi-Fi and Radio Frequencies. The Wireless Systems segment is expected to exhibit the fastest CAGR during the projected period.

Based on Application, the global Door Intercom Market is segmented into Apartments (Multi-Family Homes), Houses (Single Family Homes), Hotels, Offices, and Others. The others segment is expected to exhibit the fastest CAGR during the projected period.

Access full report @ https://www.marketresearchfuture.com/reports/door-intercom-market-8646

Regional Analysis

Geographically, the global Door Intercom Market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

The Asia-Pacific region dominated the door intercom market in 2021 and is predicted to do so again throughout the forecast period, 2022-2030. . The market is expanding as disposable income levels in emerging economies such as India and China expand. The emergence of the COVID-19 epidemic, on the other hand, has led firms to reassess their plans to minimise operating expenses. Furthermore, coronavirus, which originated in China, has spread throughout the world, prompting most businesses to relocate operations from China to India. This modification is likely to benefit the Indian market.

During the forecast period, the Europe Door Intercom market is expected to develop at an 8.5% CAGR. Aside from entry and exit surveillance, the door intercom market is being driven by its use in a variety of industries, including healthcare settings where non-contact access management has gained popularity, parking areas, and the transportation sector to improve visibility and communication. However, one of the key reasons impeding the growth of the analysed industry is security concerns over the deployment of door intercoms in European cities. Door intercom systems, like any other linked technology, rely on networks for data transfer and are thus open to compromise.

Key Players

The key players in the global Door Intercom Market are 2N, ABB, AIPHONE CORPORATION, AKUVOX (XIAMEN) NETWORKS CO., LTD., FUJIAN AURINE TECHNOLOGY CO., LTD, COMELIFT GROUP S.P.A, COMMAX., DAHUA TECNOLOGY CO., LTD, DNAKE (XIAMEN) INTELLIGENT TECHNOLOGY CO., LTD, FERMAX, GIRA, GUANGDONG ANJUBAO DIGITAL TECHNOLOGY CO., LTD, HAGER GROUP, HONEYWELL INTERNATIONAL, INC., KOCOM, SAMSUNG ELECTRONICS CO. LTD, SCHNEIDER ELECTRIC SE, PANASONIC CORPORATION, XIAMEN LEELEN TECHNOLOGY CO., LTD., LEGRAND SA, SHENZHEN SOBEN, SIEDLE & SÖHNE OHG, TCS AG, URMET S.P.A. P. IVA, ZICOM, and other.