Business

Virtual Reality Market: Market Drivers, Restraints and Opportunities-2016 to 2022

Press Release

An intercom system is a two-way communication electronic device that contains circuitry for the purpose of transmitting and receiving audio and/or video transmissions. A video intercom is a stand-alone intercom system that typically has a unit that has a camera, speaker, and a push button that goes at an entrance door, and an internal monitor unit that can communicate with the entrance unit. Some systems can have multiple video monitors internally. Given the difficulty of sending video over the airwaves at very much distance without interference, most available units are wired. It is also called video door-phone or video door entry. The main feature of this system is that it enables the person indoors to identify the visitor and, if (and only if) they wish, engage in conversation and/or open the door to allow access to the person calling.

End-user

The target customers for the video intercom devices and equipment industry include individuals and companies from residential, commercial, educational, recreational, industrial and government sectors.

Market Dynamics and Opportunities

The global market for video intercom devices and equipment is estimated to grow at a promising CAGR of about 7%. The need for video intercom accessories in residential and commercial buildings is the market driver for this particular market. Increasing automation and the change in direction of customers towards the portable video intercom devices are accountable for the shift from audio to video door phones or video intercom devices. The introduction of low-priced Chinese intercom devices makes the market competitive, thus backing the market growth.

But now, with the advent of cellular communication, digital telephone systems, and other communication devices, the use of intercoms has relatively declined. However, there are still lots of applications where these devices still work better than anything else. Latest trends in market include digital travel, the evolution of eco-tourism and the rise of adventure tourism.

Market Segmentation

The market is segmented in terms of the type of device and the type of access control. Based on device type, the global video intercom devices and equipment market is broadly categorized into door entry systems, video baby monitors and handheld devices. Further on the basis of access control, the video intercom devices and equipment market is divided into proximity cards, fingerprint readers, password access and Bluetooth control. As mentioned earlier, the equipment includes both outside and indoor elements: an outdoor panel on the outside, an electronic lock release and an indoor monitor.

Regional/Geographic Analysis

The global video intercom devices and equipment market is dominated by North America (the U.S., Canada and Mexico) which has the largest geographical share in this market. Europe stands at number two and then comes Asia Pacific. The welcoming and positive attitude of the West towards new technological advancements play an important role and so the market share is significantly high in America and Europe. APAC is also now witnessing the same attitude and growth.

 

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Key Players

Some of the major players operating in the global video intercom devices and equipment market include: MOX, COMMAX, Samsung, Zicom, Aurine Technology, Leelen Technology, 2N, Kocom, Urmet, Guangdong Anjubao, Nippotec, Fujiang QSA, Jacques Technologies, etc.

Report Contents Regional Analysis Report Highlights

Market segments

Market Drivers, Restraints and Opportunities

Market Size & Forecast 2016 to 2022

Supply & Demand Value Chain

Market – Current Trends

Competition & Major Companies

Technology and R&D Status

Porters Five Force Analysis

Strategic and Critical Success Factor Analysis of Key Players

North America

US and Canada

Latin America

Mexico, Brazil, Argentina and Rest of Latin America

Western Europe

EU5 (Germany, France, Italy, Spain, U.K.)

Nordic Countries (Denmark, Finland, Norway, and Sweden)

Benelux (Belgium, The Netherlands, and Luxembourg)

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Asia Pacific

China

India

Japan

Australia and New Zealand

Rest of Asia Pacific

Middle East and Africa

GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

South Africa

North Africa

Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis

Market dynamics of the industry

Market Segmentation

Estimated Market Sizing in terms of volume and value

Recent trends in Market and impact

Research Status and Technology Overview

Extensive Industry Structure Coverage

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