The Europe Video Intercom Devices Market would witness market growth of 13.0% CAGR during the forecast period (2023-2030).
Incorporating artificial intelligence (AI) and facial recognition technology is reshaping video intercom devices. These advanced features enhance security by allowing more accurate identification of individuals, reducing the risk of unauthorized access. Many video intercom manufacturers are developing dedicated mobile applications enabling users to manage and monitor their systems remotely. This trend caters to the increased demand for on-the-go control and monitoring capabilities. Cloud-based video intercom solutions are gaining traction due to their scalability, remote accessibility, and enhanced storage capabilities.
Video intercom devices are instrumental in access control, allowing users to verify and communicate with individuals seeking entry visually. Whether it's a residence, office building, or industrial facility, these devices contribute to heightened security by ensuring that only authorized personnel gain access. In residential complexes, video intercoms are an efficient way to verify visitors before granting access. It enhances security and gives residents control over who enters their premises. A notable trend is the integration of video intercom devices with smart home systems. This allows users to remotely control and monitor their intercoms through smartphones or other smart devices, adding a layer of convenience and accessibility.
As per Destatis, in 2022, total building permits for building construction in Germany was 217,586. The construction of new residential complexes and apartment buildings in Germany creates a demand for advanced access control solutions. Video intercom devices are utilized at construction sites to manage access control and monitor activities in Germany. Developing new office buildings and corporate campuses drives the adoption of video intercom devices for security and communication in Germany. The factors mentioned above will drive the regional market growth.
The Germany market dominated the Europe Video Intercom Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,663.6 million by 2030. The UK market is experiencing a CAGR of 12% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 13.8% during (2023 - 2030).
Based on System, the market is segmented into Wired, and Wireless. Based on Technology, the market is segmented into IP-based, and Analog. Based on Type, the market is segmented into Door Entry Systems, Handheld Devices, and Others. Based on End-use, the market is segmented into Residential, Commercial, Government, Automotive, and Others. Based on Access Control, the market is segmented into Password Access, Fingerprint Readers, Proximity Cards, and Wireless Access. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Video Intercom Devices Market will Hit $56.5 Billion by 2030, at a CAGR of 13.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aiphone Co., Ltd., Alpha Communications, Comelit Group S.p.A., Zhejiang Dahua Technology Co., Ltd., Axis Communications AB, Honeywell International, Inc., Legrand Group, Panasonic Holdings Corporation, Samsung Electronics Co., Ltd. and S. Siedle & Soehne Telephone and Telegraph Works OHG.
By System
By Technology
By Type
By End-use
By Access Control
By Country
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