About Intercom System for Home and Apartment
An apartment intercom system, often known as an apartment buzzer, is an electronic device that allows tenants and guests to communicate and gain access to the property. Intercoms, which are typically installed at a building's entrance, comprise a microphone, speaker, and, in some cases, a camera. The intercom records audio and video and sends it to each tenant, allowing renters to see and communicate with visitors before granting them admission to the building. There are two types of apartment intercoms: front desk intercoms and multi-tenant intercoms. Calls to the front desk or leasing office are routed through a front desk intercom. A multi-tenant intercom, on the other hand, allows guests to contact a specific tenant within the building. Multi-tenant intercoms are superior in almost every situation. For the apartment complex, an intercom system is essential since it allows you to control visitor access. Visitors can use directories on multi-tenant intercom systems to call residents within the building and request access. Other property access solutions, such as video doorbells or access control systems, lack tenant directories, which are extremely significant.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Intercom System for Home and Apartment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
APPLE (United States), Legrand (France), Samsung (South Korea), Commax (South Korea), ABB (Switzerland), Guangdong Anjubao (China), TCS (India), Fermax (Spain), Aurine Technology (China) and Honeywell (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siedle (France), Urmet (United Kingdom), Comelit Group (Italy), Kocom (United Kingdom), Nortek Security (United States) and Leelen Technology (China).
Segmentation Overview
AMA Research has segmented the market of Global Intercom System for Home and Apartment market by Type (Wireless Intercoms, Cloud-Based Intercoms, Video Intercoms and Iot Intercoms), Application (Apartment and Residential Buildings) and Region.
On the basis of geography, the market of Intercom System for Home and Apartment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Front Desk Intercoms will boost the Intercom System for Home and Apartment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Functionality, the sub-segment i.e. Mobile App will boost the Intercom System for Home and Apartment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Intercom base stations will boost the Intercom System for Home and Apartment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement In Intercom System
Market Growth Drivers:
Surge In Smart City Incentive Fuels The Growth Of The Product
Challenges:
High Cost Associated To Intercom System
Restraints:
High Repair And Maintenance Expenses
Opportunities:
Growing The Safety And Home Security Among People and Increasing Demand Of Product In Develop Regions
Market Leaders and their expansionary development strategies
On 17 February 2021, Legrand India, a global leader in electrical and digital building infrastructure today launched its new range of wiring device ‘Myrius Next Gen’, the premium product assortment. Myrius Next Gen is expected to build a value and strengthen Legrand’s presence in the premium segment with its modern technology.
On 11 December 2021, Videx Security has introduced a new range of 4G GSM intercom systems, strengthening the company's offering in the market.
Key Target Audience
Intercom System for Home and Apartment, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.