In 2017, the Worldwide Intercom Devices Market Size was estimated to be around USD 16.28 billion and is anticipated to witness a steep rise by generating an estimated revenue of US$ XXXX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.

Global Intercom Devices Market Growth Opportunities (Revenue, Growth) By 2017-2025

An intercom is a video or voice communication device that can be used to communicate among within a building or within group of buildings. Intercoms play vital role in commercial spaces especially in offices, and malls and huge complexes, but they are a vital part of residential spaces as well such as in societies and apartments.

Market Dynamics

In 2017, the global intercom devices market was estimated to be around USD 16.28 billion, and is expected to expand significantly during the forecast period. Growing popularity of smart homes is expected to drive the growth of global intercom devices market over the forecast period, as it is an important amenity of smart homes. Earlier, only audio intercoms were popular but, with the passage of time, video intercoms have gained immense popularity due to several crucial reasons. In various governmental projects and development of smart cities video intercoms are expected to be utilized in huge numbers. Furthermore, rising number of multi-national companies is boosting the growth of global intercom devices market over the forecast period. Rising construction industry across major regions of the world is another significant reason for the growth of global intercom devices market over the forecast period.  Escalation in demand of security devices can also help in the growth of intercom device market, especially video intercoms. However, adaptation of technologies such as CC TV camera, advanced audio-video phones, and skype can hinder the growth of global intercom devices market during the forecast period.

Segment Analysis 

Among products, video intercom is anticipated to hold the major revenue share in the global intercom devices market over the forecast period, owing to their rising demand by commercial as well as governmental sectors. Rise in demand of security in smart homes and commercial buildings are leading to the growth of the segment in the global intercom devices market.

Among applications, commercial segment is anticipated to hold the major revenue share in the global intercom device market, owing to rise in number of multi-national companies, five-star hotels, shopping malls and others across the globe. The ease of communication offered by intercoms is the supreme reason for their higher adoptation by the commercial sector.

Regional Analysis

North America is projected to be holding the major market share in the global intercom devices market due to escalation in the number of smart homes in the region, coupled with rising focus of individuals on enhancing the security of their homes and buildings.

Global Intercom Devices Market Size, Share Analysis By Region 2017

Asia Pacific is expected to perform very well in the global intercom devices market over the forecast period, due to rising construction industry in countries such as India, China and others. Growing number of multi-national and IT companies in Asian countries is another reason that can boost the growth of global intercom devices market of the region. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.

Intercom Devices Market Study Objective

1. To forecast the market size of intercom devices market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of intercom devices market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of intercom devices market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of intercom devices market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the intercom devices market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of intercom devices market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of intercom devices market commercially.

Key Players

Major players performing in global intercom devices market include LEGRAND SA, Easygates LLC., Airphone Corporation, Panasonic Corporation, Godrej Group, Zicom, Dahua Technologies Co. Ltd., Honeywell Security, Comelit Group S.P.A, and Nidac Security Pvt. Ltd.

Global Intercom Devices Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.

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