Albany, NY -- (SBWire) -- 10/13/2017 --A new report published by Future Market Insights titled "Video Intercom Device Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)" studies the performance of the global video intercom device market over a 10 year assessment period from 2017 to 2027. The report presents the value forecast of the global video intercom device market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from more than US$ 15,710 Mn in 2017 to about US$ 54,000 Mn by 2027 end, resulting in a CAGR of 13.1% over the forecast period

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Global Video Intercom Device Market: Segmentation and Forecast

The report segments the global video intercom device market on the basis of product type (Baby Monitoring System, Handheld Device, Door/Entrance System), on the basis of technology (IP-based, Analog-based), and on the basis of vertical (Government, Residential, Commercial, Manufacturing/Industrial).

Revenue from Baby Monitoring System product type segment in the global Video Intercom Device market to increase from US$ 3,965.9 Mn in 2017 to US$ 13,132.5 Mn by 2027 end, representing a CAGR of 7% from 2017 to 2027. The Handheld Device segment is expected to create incremental opportunity of US$ 11,144.7 Mn between 2017 and 2027. Revenue from Door/Entrance System segment in the global Video Intercom Device market to increase from US$ 6,551.5 Mn in 2017 to US$ 24,537.9 Mn by 2027 end, representing a CAGR of 14.1% from 2017 to 2027

Revenue from IP-based technology segment in the global Video Intercom Device market to increase from US$ 9,210.2 Mn in 2017 to US$ 34,598.0 Mn by 2027 end, representing a CAGR of 14.2% from 2017 to 2027. The Analog-based segment is expected to create incremental opportunity of US$ 12,909.9 Mn between 2017 and 2027

The Residential vertical segment is expected to create incremental opportunity of US$ 13,824.7 Mn between 2017 and 2027. Revenue from the Residential segment in the global Video Intercom Device market to increase from US$ 4,872.0 Mn in 2017 to US$ 18,696.7 Mn by 2027 end, representing a CAGR of 14.4% from 2017 to 2027. The Government segment is expected to create incremental opportunity of US$ 11,502.8 Mn between 2017 and 2027
 
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Global Video Intercom Device Market: Regional Forecast

Future Market Insights tracks the performance of the global video intercom device market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA. Revenue from the North America Video Intercom Device market to increase from US$ 4,533.4 Mn in 2017 to US$ 16,664.5 Mn by 2027 end, representing a CAGR of 13.9% from 2017 to 2027. The Eastern Europe market is expected to represent incremental opportunity of US$ 5,453.7 Mn between 2017 and 2027. Future Market Insights forecasts revenue from the APEJ Video Intercom Device market to increase from US$ 2,281.5 Mn in 2017 to US$ 10,776.8 Mn by 2027 end, representing a CAGR of 16.8% from 2017 to 2027.

Global Video Intercom Device Market: Vendor Insights

The report profiles some of the leading players operating in the global video intercom device market such as Panasonic Corporation, Honeywell Security, LEGRAND SA, Godrej Industries Limited, Zicom, Zenitel, Aiphone Corporation, Comelit Group S.P.A., Dahua Technologies Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., S. Siedle & Söhne Telefon und Telegrafenwerke OHG, Alpha Communications, BEC Integrated Solutions, LLC, CP PLUS International among others. Long-term contracts with business partners help increase business revenue and new innovation strategy enabling video intercom device market vendors to reach new potential customers in emerging markets.

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