Lucintel Forecasts Global video intercom device Market to Reach $40.7 billionby 2030.


Posted September 23, 2023 by Lucintel

"According to a market report by Lucintel, the future of the global video intercom device market looks promising with opportunities in the automotive, commercial, government, and residential sectors

 
"According to a market report by Lucintel, the future of the global video intercom device market looks promising with opportunities in the automotive, commercial, government, and residential sectors. The global video intercom device market is expected to reach an estimated $40.7 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing popularity of video calling, rising use of this device in smart homes, and growing popularity for enhanced security audiovisual systems.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in video intercom device to 2030 by technology (analog technologies and IP-based technologies), system (wired systems and wireless systems), access control (fingerprint readers, password access, proximity cards, and wireless access), end use industry (automotive, commercial, government, residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, analog and IP-based technologies are the two major segments of video intercom device market by technology. Lucintel forecast that IP-based system is expected to witness highest growth over the forecast period due to its various advantages, such as simple installation, low upfront costs, and little infrastructure requirements.

Within this market, residential will remain the largest segment due to substantial use of video intercom devices in residential structures for intruder prevention.





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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags video intercom device market
Last Updated September 23, 2023