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Video intercom device market is valued $2,804.8 million in the year 2017 and is anticipated to grow with a CAGR of 8.3% from the year 2018 to 2023. America is having the highest market share of $1,150.8 million in the year 2017 and is expected to grow with a CAGR of 8.3% during 2018 to 2023.
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Video Intercom Devices Market 2018 - 2023 The Video Intercom Devices and Equipment Market is expected to reach $4,867.41 million by 2023 at a CAGR of 8.3%.
Americas dominates the Video Intercom Devices and Equipment Market Americas has a major share in the Video Intercom Devices and Equipment Market during the forecast period. It is expected to reach $1,996.92 million by 2023 at a CAGR of 8.3%. The US stands first in surveillance automation with large scale employment in the commercial sector. Growing government regulations and increasing preferences towards digital systems will drive the market growth in Latin America. The US will have a faster growth when compared to other countries in the future. Video surveillance and communication are present in sectors such as banking, retail, manufacturing, media & entertainment. Europe will generate revenue of $1,180.37 million by 2023 at CAGR of 6.2%. The demand for the intercom system in residential buildings is growing in Europe. Contact: sales@industryarc.com
Excerpts Market Growth Factors Mentioned in the Full Report: • Increasing concerns for home security and growing crime rate will propel the growth of the video intercom. • Growing demand for IP integrated video intercom devices in retail, commercial, and residential buildings enhances the demand for video intercom devices and equipment. • Video intercom devices can be used at airports for internal communication and video surveillance. Contact: sales@industryarc.com
Key players of the Video Intercom Devices and Equipment Market Panasonic, Honeywell International, and Samsung are the key players of the Video Intercom Devices and Equipment Market. Panasonic offers electronic and non-electronic products. It has become the fourth largest television manufacturer. Honeywell International is an American company that produces consumer products and delvers engineering services. Samsung, a South Korean manufactures electronics such as mobile phones and semiconductors. Download Sample Report Contact: sales@industryarc.com
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