IP Intercom Market Scope
Intercom that can send and receive data over a computer network is referred to as IP Intercom. IP intercoms have high image quality, are stable, are free of line interference, and have a short range. Wiring is straightforward and simple to maintain, with higher equipment costs and lower operating costs. An IP intercom is a device that allows for two-way audio communication between locations. A single IP intercom may be linked to another or to a central computer server. Software on the computer manages the connection to one or more intercoms. IP intercom systems with network connections make it simple to communicate within your organisation. They also give you a safe way to manage access to all of your doors. In both the public and private sectors, intercom devices are an essential component of communication and security. The emergence of advanced technologies, such as edge-based video surveillance, which provides high-resolution imaging at low prices, is propelling the market forward.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Axis Communications (Switzerland), Aiphone (United States), Barix (Switzerland), Commend (Austria), TCS AG (Germany), Legrand (France), Comelit Group (Italy), Panasonic (Japan), Fermax (Spain), Guangdong Anjubao (China), Siedle (Germany), Urmet (Italy), TOA Corporation (Japan), GAI-Tronics (United States) and Hikvision (China) |
CAGR | % |
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. Research Analyst at AMA estimates that European and Asia Pacific Players will contribute to the maximum growth of Europe IP Intercom market throughout the predicted period.
Axis Communications (Switzerland), Aiphone (United States), Barix (Switzerland), Commend (Austria), TCS AG (Germany), Legrand (France), Comelit Group (Italy), Panasonic (Japan), Fermax (Spain), Guangdong Anjubao (China), Siedle (Germany), Urmet (Italy), TOA Corporation (Japan), GAI-Tronics (United States) and Hikvision (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Europe IP Intercom market by Type , by Application (Emergency Contact Systems, Entry Communications, Mass Notification, Hospital Communication and Doorbell Intercom) and Region with country level break-up.
On the basis of geography, the market of IP Intercom has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In August 2019,Axis Communications announced it has acquired Prague, Czech Republic-based 2N, a provider of IP intercom solutions for the information and communications technologies (ICT) and physical security industries. Terms of the deal were not disclosed
In March 2019,Aiphone has announced significant improvements to its full IP IX intercom and security solution. The new and upgraded features built into the new IX2 series include improved audio and camera functionality, large touch screen monitors and communication with up to 9,999 door stations.
Influencing Trend:
Smart Video Doorbells Have Become A Necessary Tool In Home Security.
Market Growth Drivers:
Adoption of Advanced Technologies and IP Intercom Solutions Are Very Easy To Install as Compared To Basic Analogue Systems
Challenges:
Resistance from IT Professionals to the Incorporation of Physical Security Systems onto Their Network and the Network Traffic Priority and Difficulties in Keeping Up with New Technological Advancements
Restraints:
Hackers Involvement Due to Mismanagement in Network Security
Opportunities:
Increasing Concerns for Home Security Due To the Growing Crime Rate
Key Target Audience
IP Intercom Service Providers, Technology Providers, IT & Telecom Industry and Governmental Bodies