The Video Door Phones Global Market Report 2023, provides comprehensive information on the video door phones market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Video Door Phones Global Market Report 2023, the market size is expected to grow from $4.97 billion in 2022 to $5.40 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global video door phones market size is expected to reach $7.39 billion in 2027 at a CAGR of 8.1%.
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Technological advancements are a key trend gaining popularity in the video door phone market. Companies operating in the video door phones market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Aiphone Corporation, a US-based manufacturer of intercom and security communication products, introduced Remote Programming Service for its IX Series systems, QuikSpec’s online design tool gives installers the ability to swiftly create, amend, and save programming files. The IX Series is an IP video intercom system that is an ideal solution for healthcare, education, and other locations where there is a need for a scalable video intercom system.
The video door phones market is segmented:
1) By Type: Wired, Wireless
2) By Access Control: Fingerprint Readers, Proximity Card, Keypad For Secret Numbers, Bluetooth Triggered By Mobile Phone
3) By Component: Cameras, Sensors, LED (Light-Emitting Diodes) Or LCD (Liquid Crystal Display), Microphones Or Speech Unit
4) By End-User: Education, Government, Residential, Commercial, Healthcare
North America was the largest region in the video door phones market in 2022.
The table of contents in TBRC’s video door phones market report includes:
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Top Major Players
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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