Global Wireless Intercom Market Forecast Report 2020-2027: Advancements in Audio & Video Wireless Intercom Systems & Increase in Demand for Wi-Fi Based Wireless Intercoms
DUBLIN, Feb. 10, 2021 /PRNewswire/ -- The "Wireless Intercom Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type, Technology, Application, and Industry" report has been added to ResearchAndMarkets.com's offering.
The market was valued at US$ 5,896.81 million in 2019 and is projected to reach US$ 9,564.1 million by 2027; it is expected to grow at a CAGR of 6.7% from 2020 to 2027.
Increasing disposable incomes and rising affluence have also supported the need for electronic security. This, in turn, is anticipated to increase the need for wireless intercoms to provide better communication for security and surveillance purposes. Moreover, the market in India is mainly driven by rise in demand for apartments having an inbuilt security system and wireless intercoms. Regionally, Asia Pacific is the main production area of video intercom devices.
China and Japan are the largest producers of such devices. Compared to Japan, video intercom devices produced in China are of large volume and cheaper. Also, the present and future of wireless intercoms are related to their integration within the home automation systems. Most of the infrastructure facilities in the region use this wireless intercom to monitor the crowds and secure facilities, which is leading to the market growth.
The global wireless intercom market would continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific would continue to be at the forefront of global demand, with the market in the region expected to grow at higher rate during the forecast period.
Companies adopt inorganic market strategies to expand their footprints across the world and meet the growing demand. The wireless intercom market players mainly focus on the acquisition strategy to expand their business and maintain their brand name globally. For instance, in 2020, Aiphone introduced its IXG Series IP-based video intercom - a comprehensive solution offering multi-tenant and mixed-use building managers with reliable network communication.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Wireless Intercom Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
5. Wireless Intercom Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Advancements in Audio & Video Wireless Intercom Systems
5.1.2 Increase in Demand for Wi-Fi Based Wireless Intercoms
5.2 Market Restraint
5.2.1 Rising Rate of Cybercrimes
5.3 Market Opportunities
5.3.1 Growing Number of Smart Cities
5.4.1 Rising Demand for Wireless Intercoms in Home Security
5.5 Impact Analysis of Drivers and Restraints
6. Wireless Intercom Market - Global Analysis
6.1 Wireless Intercom Market Global Overview
6.2 Wireless Intercom Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Global Market Players Ranking
7. Wireless Intercom Market Analysis - By Type
7.2 Wireless Intercom Market Breakdown, by Type, 2019 & 2027
7.3 Outdoor Intercom
7.4 Indoor Intercom
8. Wireless Intercom Market Analysis - By Technology
8.2 Wireless Intercom Market Breakdown, by Technology, 2019 & 2027
8.3 Wi-Fi Band
8.4 Radio Frequency
9. Wireless Intercom Market Analysis - By Application
9.2 Wireless Intercom Market Breakdown, by Application, 2019 & 2027
10. Wireless Intercom Market Analysis - By Industry
10.2 Wireless Intercom Market Breakdown, by Industry, 2019 & 2027
10.5 Transportation and Logistics
10.6 Security & Surveillance
10.7 Event Management
11. Wireless Intercom Market - Geographic Analysis
12. Wireless Intercom Market - COVID-19 Impact Analysis
13. Industry Landscape
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ohg624
Research and Markets
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