The Asia Pacific IP Intercom Market is expected to witness market growth of 8.4% CAGR during the forecast period (2022-2028).
IP intercoms utilize organizational principles known as protocols to convey voice and visual data. The Session Initiation Protocol, or SIP, is one of the most commonly used protocols for video and audio transmission. As a result, IP intercoms are also known as SIP intercoms. This connection lasts as long as the resident wishes. IP intercoms usually work with existing network infrastructure. To avoid network connectivity concerns, it is recommended to directly connect the IP intercom to the internet. The interface sends a mixed message to the door station if the owner wants to unlock the door for their visitor. The door is electronically unlocked by the door station.
In the last few decades, technological innovations have been critical in reshaping the communication environment. Wireless devices are rapidly growing popular across the world as they reduce the need for physical labor, such as excavating, and help to save money on equipment and labor. The wireless intercom market's overall prospects have been enhanced by advancements in audio and video technologies over the last few years. Moreover, throughout the forecast period, the increased usage of the Internet of Things (IoT) is likely to drive demand for wireless intercoms.
The development of the urban inhabitants in developing economies is expected to boost the demand for robust communication and security solutions. The need for electronic security has been bolstered by rising disposable incomes and rising prosperity. Additionally, the Indian market is primarily driven by an increase in the demand for apartments with built-in security systems, such as wireless intercoms. The Asia-Pacific region is the greatest producer of video intercom equipment, with China and Japan topping the pack. In comparison to Japan, China generates a significant number of video intercom devices at a low cost.
The China market dominated the Asia Pacific IP Intercom Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $308.4 Million by 2028. The Japan market is anticipated to grow at a CAGR of 7.8% during (2022-2028). Additionally, The India market is expected to showcase a CAGR of 9.1% during (2022-2028).
Based on Type, the market is segmented into Visible and Invisible. Based on Application, the market is segmented into Commercial, Government, Industrial, Residential, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Panasonic Corporation, Legrand S.A., Tata Consultancy Services Ltd., Canon, Inc., TOA Corporation, Fermax Electrónica, S.A.U., Commend International GmbH, Comelit Group S.p.A., Aiphone Co., Ltd., and Barix AG.
By Type
By Country
IP intercoms utilize organizational principles known as protocols to convey voice and visual data. The Session Initiation Protocol, or SIP, is one of the most commonly used protocols for video and audio transmission. As a result, IP intercoms are also known as SIP intercoms. This connection lasts as long as the resident wishes. IP intercoms usually work with existing network infrastructure. To avoid network connectivity concerns, it is recommended to directly connect the IP intercom to the internet. The interface sends a mixed message to the door station if the owner wants to unlock the door for their visitor. The door is electronically unlocked by the door station.
In the last few decades, technological innovations have been critical in reshaping the communication environment. Wireless devices are rapidly growing popular across the world as they reduce the need for physical labor, such as excavating, and help to save money on equipment and labor. The wireless intercom market's overall prospects have been enhanced by advancements in audio and video technologies over the last few years. Moreover, throughout the forecast period, the increased usage of the Internet of Things (IoT) is likely to drive demand for wireless intercoms.
The development of the urban inhabitants in developing economies is expected to boost the demand for robust communication and security solutions. The need for electronic security has been bolstered by rising disposable incomes and rising prosperity. Additionally, the Indian market is primarily driven by an increase in the demand for apartments with built-in security systems, such as wireless intercoms. The Asia-Pacific region is the greatest producer of video intercom equipment, with China and Japan topping the pack. In comparison to Japan, China generates a significant number of video intercom devices at a low cost.
The China market dominated the Asia Pacific IP Intercom Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $308.4 Million by 2028. The Japan market is anticipated to grow at a CAGR of 7.8% during (2022-2028). Additionally, The India market is expected to showcase a CAGR of 9.1% during (2022-2028).
Based on Type, the market is segmented into Visible and Invisible. Based on Application, the market is segmented into Commercial, Government, Industrial, Residential, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Panasonic Corporation, Legrand S.A., Tata Consultancy Services Ltd., Canon, Inc., TOA Corporation, Fermax Electrónica, S.A.U., Commend International GmbH, Comelit Group S.p.A., Aiphone Co., Ltd., and Barix AG.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Visible
- Invisible
- Commercial
- Government
- Industrial
- Residential
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Corporation
- Legrand S.A.
- Tata Consultancy Services Ltd.
- Canon, Inc.
- TOA Corporation
- Fermax Electrónica, S.A.U.
- Commend International GmbH
- Comelit Group S.p.A.
- Aiphone Co., Ltd.
- Barix AG
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- Exhaustive coverage
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Asia Pacific IP Intercom Market by Type
Chapter 5. Asia Pacific IP Intercom Market by Application
Chapter 6. Asia Pacific IP Intercom Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Panasonic Corporation
- Legrand S.A.
- Tata Consultancy Services Ltd.
- Canon, Inc.
- TOA Corporation
- Fermax Electrónica, S.A.U.
- Commend International GmbH
- Comelit Group S.p.A.
- Aiphone Co., Ltd.
- Barix AG
Methodology
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