This report was recently updated on November 17 2024 with the latest and most recent
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Global Wireless Intercom Market Size, Trends & Analysis with Covid-19 Impact - Forecasts To 2026 By Technology (Wi-Fi Band, Radio Frequency, Others), By Enterprise Size (Small and Medium-Sized Enterprises, Large Enterprises), By Industry (Event Management, Security and Surveillance, Transportation and Logistics, Retail, Hospitality, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); End User Landscape, Vendor Landscape, and Company Market Share Analysis; Competitor Analysis
Wireless Intercom Market: Insights
The global wireless intercom market is estimated to witness a significant CAGR during the forecast period (2020-2026). A wireless intercom is a telecommunication system that allows voice communication between intercom stations without wires. The growing need for robust security solutions and increased demand for wi-fi based wireless intercoms are some of the factors driving the market growth. Moreover, advancements in audio & wireless intercom systems are driving the market growth. In addition, the growing adoption of digital wireless intercoms in the end use industries along with the increasing demand for video surveillance in public and private spaces are expected to propel the market growth during the forecast period. However, the lack of IT resources and in-house expertise, data security issue, and budget constraints are some of the factors hampering the market growth over the coming years.
Wireless Intercom Market: By Organization Size
Based on the organization size, the global wireless intercom market is segmented into small and medium-sized enterprises and large enterprises. Small and medium-sized enterprises segment is expected to grow at a high CAGR during the forecast period. The wireless intercom facilities are used to enhance the connectivity and surveillance solution for commercial premises. Moreover, the increased demand for wireless intercom from small and medium enterprises operating in retail, event management, travel and hospitality industries, among others are driving the market growth.
Wireless Intercom Market: By Technology
Based on technology, the global wireless intercom market is segmented into wi-fi band, and radio-frequency, among others. The wi-fi band segment is projected to grow at a high CAGR during the forecast period. The increasing demand for advanced connectivity devices in wireless intercom solutions is one of the significant factors expected to propel the market growth during the forecast period. This type of technology is useful in high-density areas and crowded locations where there are a large number of Wi-Fi users. Outdoor APs are highly scalable and formed of industry-grade technologies to provide users with optimum network connectivity. Growing number of smart cities and outdoor enterprises are driving the demand for APs in outdoor environments.
Wireless Intercom Market: By Industry
Based on the industry, the global wireless intercom market is segmented into event management, security and surveillance, transportation and logistics, retail, and hospitality, among others. The security and surveillance segment is expected to hold the largest market share during the forecast period. The growing number of multinational companies worldwide and the increase in the need for effective long-distance communication are some of the major factors driving the market growth. Furthermore, the transport and logistics segment is expected to grow at a high CAGR during the forecast period due to the effective distribution & storage and real-time tracking of vehicles and products.
Wireless Intercom Market Size: By Region
Based on region, the global wireless intercom market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America region is expected to hold the largest market share during the forecast period. The robust infrastructure, and favorable government policies are some of the factors driving the market growth in the region. The Asia Pacific region is expected to grow at a high CAGR during the forecast period owing to ongoing digitization transformation in various industries includes retail, and hospitality, among others, are driving the market growth. Growing number of new technologies in the wireless intercom, such as encryption techniques are expected to drive the market growth during the forecast period.
Wireless Intercom Market: Share & Competitor Analysis
Some of the key players operating in the wireless intercom market are Aiphone Co Ltd, ALE International, Clear-Com Ltd., COMMAX Co., Ltd., Commend International GmbH, Grandstream Networks, Inc., Honeywell International Inc., Legrand, Motorola Solutions Inc., Panasonic Corporation, Riedel Communications GmbH & Co. KG, RTS Intercom (Bosch Security Systems, Inc.), Samsung Electronics Co Ltd, Sena Technologies, Inc., TAMURA Corporation, Telephonics Corporation, VTech Holdings Limited., Wisycom Srl, Zenitel Group, and Zicom Electronic Security Systems Limited, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In August 2020, ALE International entered into a strategic partnership with RingCentral, Inc. and launched a new co-branded cloud solution - Rainbow Office.
In March 2020, Aiphone Co Ltd launched IXG Series Multi-Tenant Video Intercom Solution a comprehensive solution providing multi-tenant and mixed-use building managers with reliable network communication and entry security along with the convenience of a tenant mobile app.
Check the Press Release on Global Wireless Intercom Market Report
Wireless Intercom Market: By Technology
Wireless Intercom Market: By Enterprise Size
Wireless Intercom Market: By Industry
Wireless Intercom Market: By Region
Rest Of Apac Wireless Intercom Market, By Industry, 2020-2026 (USD Million)
The global Wireless Intercom Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Wireless Intercom Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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