Press Release

Door Phone Market to Grow with a CAGR of 6.62% Globally through 2028

Increasing safety and security concerns and the growing demand for wireless door phones are the factor driving the global door phone market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Door Phone Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Door Phone Market stood at USD 4.68 billion in 2022 and is anticipated to grow with a CAGR of 6.62% in the forecast period, 2024-2028. Global door phones, also known as intercom systems, are vital communication devices used for secure access control in diverse settings worldwide. These systems facilitate two-way communication between occupants and visitors at entry points, enhancing security and convenience. Key drivers of their popularity include technological advancements, growing security concerns, urbanization in multi-unit dwellings, and integration with smart home and building ecosystems. Video doorbells, a subset of door phone systems, are experiencing rapid growth, providing visual verification and integration with smart devices. Challenges encompass interoperability, cybersecurity, privacy, and the need for standardized regulations. Despite these challenges, global door phones continue to evolve, offering enhanced security and connectivity.

One of the primary drivers behind the global door phone market's growth is the continuous advancement of technology. Over the years, door phone systems have undergone significant improvements in terms of audio and video quality, user interfaces, and connectivity options. High-resolution cameras, noise-canceling microphones, and better audio processing have all contributed to the enhancement of user experiences. These improvements not only provide clearer communication but also allow for better identification of visitors, enhancing overall security.

Furthermore, the integration of wireless and IP-based technologies has revolutionized door phone systems. Wireless door phones eliminate the need for complex and expensive wiring, making installation easier and more cost-effective, particularly in retrofitting scenarios. IP-based door phones leverage existing network infrastructure, allowing for remote access and control. Users can monitor and communicate with visitors from anywhere, using smartphones, tablets, or web interfaces.

As technology continues to advance, door phone systems are poised to incorporate even more innovative features. Artificial intelligence (AI) and facial recognition technologies are expected to play a more significant role in enhancing security and convenience, enabling door phones to recognize authorized individuals and respond intelligently to different situations.

The increasing concern for security is another significant driver behind the adoption of global door phone systems. Security threats, vandalism, and burglaries have prompted homeowners and business owners to seek effective ways to protect their properties. Door phone systems provide an essential layer of security by allowing occupants to verify the identity of visitors before granting them access.

 

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In residential settings, door phones act as a formidable deterrent to unauthorized entry and potential burglaries. They enable homeowners to visually and audibly confirm the identity of visitors, helping to prevent unwanted intrusions. In commercial and industrial environments, door phones are crucial for controlling access, managing visitor traffic, and ensuring the safety of employees and assets.

Moreover, the integration of door phones with access control and surveillance systems enhances overall security measures. Access control systems can grant or deny entry based on user credentials, while surveillance cameras can provide visual evidence of activities at entry points. The combination of these technologies creates a comprehensive security solution, making it easier for property owners to monitor and manage access.

The global door phone market is segmented into product, connectivity, application, distribution channel, regional distribution, and company.

Based on connectivity, the market is segmented into wired, wireless.

Wireless door phone systems represent the fastest-growing segment in the global market. This surge in popularity can be attributed to the convenience and flexibility they offer. Wireless technology eliminates the need for complex wiring during installation, making it an ideal choice for retrofitting older buildings and reducing installation costs. Additionally, wireless door phones enable remote access and control, allowing users to manage their entry points from anywhere via smartphones or other connected devices. As the world becomes increasingly connected and mobile, the demand for wireless door phone systems is expected to continue its rapid growth, catering to users' desire for seamless, convenient, and secure access control.

 

Major companies operating in Global Door Phone Market are:

  • Fermax Holding Investment SL
  • 1byone, Inc.
  • Hangzhou Hikvision Digital Technology Co., Ltd
  • Guangdong Anjubao
  • Aiphone Corporation
  • ABB Genway
  • Panasonic Corporation
  • Axis Communications
  • Urmet Group
  • Honeywell International Inc.

 

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“Global door phones, also known as intercom systems, are communication devices essential for secure access control in residential, commercial, and industrial settings. They enable two-way communication between occupants and visitors at entry points, enhancing security and convenience. Key drivers include technological advances, addressing security concerns, accommodating urbanization in multi-unit dwellings, and integration with smart home and building ecosystems. Video doorbells are a fast-growing subset, offering visual verification and integration with smart devices. Challenges involve interoperability, cybersecurity, privacy, and the need for standardized regulations. Despite these challenges, global door phones continue to evolve, offering enhanced security, connectivity, and convenience in a rapidly changing world,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Door Phone Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Audio Door Phones, Video Door Phones), By Connectivity (Wired, Wireless),  By Application (Commercial, Residential), By Distribution Channel (Online, Offline), By Region, Competition”, has evaluated the future growth potential of global door phone market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global door phone market.

 

 

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Door Phone Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Audio Door Phones, Video Door Phones), By Connectivity (Wired, Wireless), By Application (Commercial, Residential), By Distribution Channel (Online, Offline), By Region, By Competition 2018-2028

Consumer Goods and Retail | Nov, 2023

Increasing safety and security concerns and the growing demand for wireless door phones are the factor driving the global door phone market in the forecast period 2024-2028.

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