Video Intercom Device Market Size Worth $41.07 Billion By 2025

The global video intercom devices market size is projected to reach USD 41.07 billion by 2025 registering a CAGR of 12.8% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.

These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. They are widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognize the visitor.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/video-intercom-devices-market

Further Key Findings from the Report Suggest:

The door entry systems segment is expected to account for the highest market share in 2025 expanding at the highest CAGR of 13.3% from 2019 to 2025
Door entry systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor
Password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share
The wireless segment is anticipated to register the highest CAGR of 13.5% from 2019 to 2025. Wireless systems use a Wi-Fi network to transmit the signals between other intercom security devices
Lower installation and maintenance costs of wireless video intercom systems are expected to fuel the segment growth over the forecast period
The IP-based technology segment is anticipated to expand at the highest CAGR of from 2019 to 2025 owing to enhanced video surveillance, communication, and entry control capabilities of these systems
North America is expected to be the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region
Key companies are Aiphone Co., Ltd.; Alpha Communications; Comelit Group S.P.A.; Dahua Technology Co., Ltd.; Godrej.Com; Honeywell International, Inc.; Legrand; Panasonic Corp.; Samsung; and Siedle & Sohne OHG

Webcam Market Size Worth $11.60 Billion By 2027

The global webcams market size is expected to reach USD 11.60 billion by 2027, expanding at a CAGR of 8.2% from 2020 to 2027, according to a new report by Grand View Research, Inc. Webcams can be connected to laptops and desktops for real-time recording at any given location. Growing need for security and surveillance systems to capture intruders, trespassers, and miscreants in commercial as well as residential premises is expected to drive the product demand over the forecast period.

These devices are widely being deployed in the corporate sector for video conferencing and telecommuting for more accessible communication with counterparts at distant locations. Hence, key market participants are emphasizing on new model launches and technological advancements to cater to the demand for devices with higher recording, streaming, microphone, and zoom quality.

For instance, in December 2019, Logitech launched a 4K Ultra HD webcam for Mac Pro with Right Light 3 technology, enabling automatic adjustment of lightening conditions for better video quality. Moreover, emergence of advanced video cameras with the capability of connecting the entire conference of people to a single user is propelling market growth.

Furthermore, multiple attributes of webcam technology have extended its scope in the healthcare sector to assist the patients suffering from chronic diseases and emergency situations. These devices are highly being utilized for the telehealth consulting services as they provide simplified connectivity between patients and healthcare professionals through video conferencing on mobile devices or laptops.

Owing to the COVID-19 pandemic, governments of the profoundly affected countries have already announced national lockdowns and are mandating the public to maintain social distancing. Webcams are being used for communication and live virtual events due to in-home isolation worldwide for minimizing the social and economic impact of the outbreak. For instance, leaders of the G20 countries held a video conference summit for a discussion on preventive measures to be undertaken to reduce the impact of the current global pandemic.

Furthermore, governments are using Unmanned Aerial Vehicles (UAVs) for surveillance purposes as mobility restrictions are tightening worldwide owing to the COVID-19 pandemic. For instance, the State Police of Western Australia announced the deployment of drones for remotely monitoring recreational sites to ensure if people are following social distancing guidelines. In the light of the current scenario, market demand is expected to boost over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/webcams-market

Further key findings from the report suggest:

By technology, analog webcams accounted for over 60.0% share of the total revenue in 2019
Based on distribution channel, e-commerce is expected to expand at the highest CAGR of 11.9% in terms of revenue from 2020 to 2027
In 2019, North America accounted for the largest revenue share of over 35.0%
Asia Pacific is expected to witness a significant increase in the product demand during the forecast period.

Broadband Services Market Worth $647.2 Billion By 2027

The global broadband services market size is estimated to reach USD 647.2 billion by 2027, expanding at a CAGR of 9.0%, according to the new report by Grand View Research, Inc. The rapidly escalating demand for broadband services due to their ability to offer access to the high-speed internet using a wide spectrum of technologies is a major factor driving the market.

The market is positioned to register strong growth over the forecast period owing to rising demand for high speed internet. The high demand is supported by proactive government initiatives, technological advancements for improved user convenience, consumer awareness, and increased usage of devices—such as mobile phones, tablets, MIDs, and eBooks—requiring a high-speed internet connection. High internet speed and widespread availability of broadband services are notable growth-contributors.

Some of the key market trends include, strategic usage of broadband pre-registration indices to collect market data regarding price, engineering decisions, and user preferences; online registration of high-speed internet access makes the process transparent and user-friendly; electronic signature in registration documents and validation of identity proofs aids in maintaining an automatic contract status and limits malpractice; system integration is increasingly emphasized to offer a one-stop-shop service for all marketing, mails, management, installation, and customer support needs; and finally, B2C models are increasingly focused on impacting crowd mentality to attract a larger customer base.

The wireless segment is anticipated to witness fastest growth rate over the forecast period. The growth is attributed to user convenience and technological advancements offered by the segment. The high-speed wireless internet connection uses radio waves or Wireless Fidelity (Wi-Fi) instead of cables. In addition, the evolution of mobile wireless technologies from 3G to 5G is anticipated to drive the segment over the forecast period.

The COVID-19 pandemic has rendered a positive impact on the high-speed internet access as digital consumption has witnessed a sharp rise over the last few weeks. Work-from-home concept in most businesses, online classes in education formats, higher usage of video calls for conferences and personal uses, online shopping of essential items, and higher viewership of entertainment content have notably increased the requirement for high-speed internet access. Investment in companies to adopt digital channels for product promotion and sales is also likely to surge in the near future. Besides speed, add-on services are a key attraction for customers, thereby leveling up the competitive rivalry in the market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/broadband-services-market

Further key findings from the study suggest:

Asia Pacific accounted for the largest market share in 2019, owing to the wide scale usage of high-speed internet services
The fiber optics segment dominated the market in 2019 due to its speedy connection, large-scale adoption, and continuously evolving technology
Wireless high-speed internet services are positioned to demonstrate double-digit growth momentum over the forecast period
Increased adoption of high-speed internet access during COVID-19 has prominently augmented market growth and fueled the digital revolution in business models.

Smart LED Lighting Market Worth $34.18 Billion By 2025

The global smart LED lighting market size is expected to reach USD 34.18 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 24.6% during the forecast period. High demand for smart home appliances as a result of improved standard of living of working class professionals is expected to drive the market. Furthermore, the governments of various countries including U.S., U.K., Germany, and Spain are encouraging corporate houses and industries to use smart LED lighting as they can save up to 90% of energy.

Wireless product is expected to be the fastest growing segment, at a CAGR of 26.6% from 2019 to 2025. The usage of Internet of Things (IoT) based smart sensors for smart city applications has been increasing as a result of the advancement of wireless communication systems. Furthermore, product innovation in terms of introduction of voice recognized LED lights is expected to open new market avenues in near future.

Hybrid technology is expected to remain the leading segment in near future. The predominant use of smart LED lighting systems with hybrid technology in corporate houses, manufacturing industries, and government organizations on account of their easy availability from various distribution channels is expected to have a strong impact on the market growth. This technology is also very helpful in greenhouse farming for providing adjustable light intensity and heat.

Online channel is projected to remain the key distribution channel over the next few years. Amazon, Flipkart, and AliExpress are some of the e-commerce portals offering a wide range of products. Various value-added services including cash-on-delivery, discounted prices, and coupon benefits offered by e-commerce portals are expected to prompt the buyers to use offline channels as selling medium over the next eight years.

North America is anticipated to register the fastest CAGR of 28.4% from 2019 to 2025. Supportive government policies for energy conservation coupled with increasing per unit electricity cost in U.S. and Canada is expected to promote the product sales in the region over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/smart-led-lighting-market

Further key findings from the report suggest:

Wired products segment generated a revenue of USD 6.02 billion in 2018
ZigBee technology is expected to expand at a rapid CAGR of 32.3% from 2019 to 2025
Europe led the global smart LED lighting market in 2018 with a revenue of USD 2.69 billion
Some of the key players operating in smart LED lighting market are Cree Inc.; Eaton Corporation; Koninklijke Philips NV; ABB Limited; Wipro Limited; TVILIGHT B.V.; The SSK Group; Digital Lumens, Inc.; Acuity Brands Inc.; Bridgelux, Inc.; and OSRAM Licht Group. Product innovation is expected to remain the key competitive strategy for the industry participants

Doorbell Camera Market Worth $2.8 Billion By 2025

The global doorbell camera market size is expected to reach USD 2.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.3% over the forecast period. Rising security concerns owing to increasing crime rate at a global level are expected to promote the scope of doorbell camera as these devices act as the evidence providers in various cases.

For instance, these devices keep a track of a delivery or pick up, which was supposed to happen in the absence of the owner. They also help in monitoring the people accessing the house, whether they are the servants, house helps, repair service providers, babysitters, and others. In case of the new visitors, one can use the same cameras to zoom in to their ID’s or face to get a better picture and avoid risks.

In recent years, it has been noticed that most real estate builders and architects are considering doorbell cameras as an eminent element of basic amenities. For instance, Toll Brothers, a premium U.S. based home construction company, offers TBI smart home solutions that help in total protection. A single app helps in monitoring and controlling multiple aspects of home security. They offer an integrate system of camera, doorbell, motion sensor, micro phone, and speaker. With the help of these doorbells, the triggered events can be recorded. The rules can be set for switching on the porch light as and when motion is detected or get an alert whenever a visitor approaches the door, even if the bell is not pressed.

Product innovation is expected to remain a critical success factor among the industry participants. In March 2019, August Home Inc. launched August View, a new wireless doorbell. The product is said to have better performing video with a resolution of 1440p, along with two-way audio system, which will allow a real time conversation with the visitor. This doorbell camera will be available at USD 299.99. It is capable of sending an alert every time a visitor approaches the doorstep and offers live video streaming of the doorstep 24/7. Additionally, all of its recorded videos can be saved on the cloud provided customers who have subscribed for August Video Recording. The resolution can be zoomed into focus on ID’s and other smaller objects.

Similarly, in January 2019, Robin Telecom Development, a Netherland based tech hardware company, launched ProLine video doorbell. The device has 720p HD and covers a wide-angle view of 130 degree. HomeKit integration is required to get access to the recorded video. It also offers two way audio system, which is compatible with WiFi, 3G, and 4G.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/doorbell-camera-market

Further key findings from the report suggest:

Asia Pacific is expected to register the fastest CAGR of 11.3% from 2019 to 2025 owing to increasing number of middle-class income groups in developing economies
Wired products accounted for more than 60.0% share of the global revenue in 2018
Wireless products are expected to register the fastest CAGR of 10.6% from 2019 to 2025 owing to high level of convenience offered to the consumers by wireless products
Online distribution channel is expected to expand at the fastest CAGR of 10.7% from 2019 to 2025
Key industry participants include in the global doorbell camera market are August Home; AUXTRON; Hangzhou Hikvision Digital Technology Co., Ltd.; IFIHomes; Napco Security Technologies, Inc.; Ring; SkyBell Technologies, Inc.; Vivint, Inc.; VTech Communications, Inc.; and Zmodo.

Smart Headphones Market Worth $7.48 Billion By 2022

Global smart headphones market is expected to reach USD 7.48 billion by 2022, according to a new report by Grand View Research, Inc. Increasing acceptance of bluetooth wireless technology paired with developments including water resistant features and recalibration functions is estimated to propel product demand. Increasing adoption of headphones particularly while working out and during office hours is expected to fuel growth. Development resulting in incorporation of MP3 player in smart headphones is expected to result in demand growth.

Shifting consumer preference towards purchasing expensive headphones and earphones for enhanced listening experience is anticipated to drive industry growth over the next few years. Surge is replacement market coupled with availability of advanced features is expected to drive market demand over the forecast period. Customers are increasingly opting for these devices owing to their high fidelity, style and availability of technologically advanced products. However, high cost as compared to conventional headphones is expected to pose challenge to industry growth. Issues pertaining to power consumption and user interface might pose serious challenges to market growth.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/smart-headphones-market

Further key findings from the report suggest:

Wireless segment accounted for over 75% of the overall revenue in 2014, and is expected to witness rapid growth at a CAGR of over 20% from 2014 to 2022 owing to increasing adoption especially in call centers, fitness centers and entertainment or gaming arenas.
Growth in the wired segment can be primarily attributed to benefits offered by these devices over their counterparts such as low power consumption and cost. Wired headphones also offer better durability and ease of use for consumers.
North America accounted for more than 40% of the overall share in 2014, and is also estimated to exhibit highest growth over the next few years owing to early technology adoption ensuring faster penetration.
Asia Pacific smart headphones market is anticipated to exhibit substantial growth over the foreseeable future in light of rising consumer disposable income of customers in India, Japan Taiwan and Korea. Consumers in the region have high preference for technologically advanced products and with the aforementioned factors, smart earphones demand is expected to witness growth over the next seven years.
Key market participants include Bragi, Intel, LG, Sennheiser, Huawei, Chipsip, Sony, Samsung, Valencell and Cosinuss. Industry participants strive to develop light weight products with advanced audio solutions and high noise cancellation features that offer better listening experience along with better connectivity. Vendors also emphasize on enhancing distribution channels through multiple partnership and long-term contracts to ensure stable supply of headphones.