Video Door Entry Systems Market Size, Share, Growth, and Industry Growth by Type (Monitors, Telephones, Outdoor Panels and Other) By Application (Residential, Commercial and Other), Regional Forecast To 2033
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VIDEO DOOR ENTRY SYSTEMS MARKET REPORT OVERVIEW
The video door entry systems market, valued at approximately USD 2.99 billion in 2024, is forecasted to increase to USD 3.33 billion in 2025 and surpass USD 7.89 billion by 2033, expanding at a CAGR of 11.4% from 2025 to 2033.
A stand-alone intercom system used to manage calls made at the entrance to a building (residential complex, detached family home, workplace, etc.) with access controlled by audiovisual communication between the inside and outside is a video door-phone, also known as a video door entry system or a video intercom. In essence, contactless door access control systems used with video door entry systems allow employees and guests to enter public or commercial premises without making physical contact. Installing an inaccessible access control system aid in avoiding any physical contact.
VIDEO DOOR ENTRY SYSTEMS MARKET KEY FINDINGS
- Market Size and Growth: Valued at USD 2.99 billion in 2024, expected to reach USD 7.89 billion by 2033.
- Key Market Driver: Urbanization and security concerns have led to a 25% increase in demand for video door entry systems.
- Major Market Restraint: High installation costs have deterred 15% of potential consumers from adopting the technology.
- Emerging Trends: Integration with smart home systems has seen a 30% uptick in the past year.
- Regional Leadership: Europe leads with a 35% market share, driven by stringent security regulations.
- Competitive Landscape: Top five players account for 40% of the global market share.
- Market Segmentation: Residential applications constitute 60% of the market, while commercial applications make up the remaining 40%.
- Recent Development: Introduction of AI-powered systems has improved user authentication accuracy by 20%.
COVID-19 IMPACT
Since of Underlying Factors, Market Expansion is Impoverished
The COVID-19 outbreak had a substantial impact on the market for video door entry systems. Due to the suspension of construction projects in the nation with the busiest construction sector, the market suffered significantly and is expected to continue to do so. The development of the video door entry systems has been slowed down by a global labor shortage and a logistical bottleneck. Yet, demand for both types of readers would continue to be rather high because neither facial recognition readers nor traditional physical access control readers require users to physically touch a screen or a device. Governments have decided that facial recognition technology is the best investment for halting the spread of the coronavirus in heavily populated areas.
LATEST TRENDS
Increased Security Requirement in Residential and Commercial Areas will Support Market Growth
Growing end-user knowledge of the value of home security and safety from numerous theft concerns is what is driving global demand. The growing use of IP technology and the lax installation standards for door intercom systems are further factors driving market demand. Smart cards, biometric devices, and other electronic devices for higher security and authentication can help commercial and residential sectors by improving security and safety. Access control systems are also installed in highly restricted areas, nuclear power plants, and other institutions to increase the protection of personnel and property. Throughout the course of the projected period, it is anticipated that demand for contactless interfaces and better authentication would both expand.
- Integration with Smart Home Ecosystems: Approximately 60% of new residential constructions in developed countries are incorporating smart home technologies, including video door entry systems.
- Adoption of AI and Facial Recognition: Around 45% of commercial buildings in urban areas have implemented AI-powered video door entry systems to enhance security measures.
VIDEO DOOR ENTRY SYSTEMS MARKET SEGMENTATION
By Type Analysis
By type, the video door entry systems market is segmented monitors, telephones, outdoor panels and other.
The telephones type of segment will dominate the video door entry systems market in the coming years.
By Application Analysis
Based on applications, the video door entry systems market is residential, commercial, and other.
The residential segment will lead the global share through forecast period.
DRIVING FACTORS
Mobile Device Biometrics Integration Will Promote Market Expansion
According to other estimates, the market for video door entry systems will experience increased market growth as a result of the integration of biometrics with mobile devices. The market for authentication systems is anticipated to expand thanks to the introduction of biometrics-enabled smartphones, which will also improve consumer convenience and security. Suprema HQ unveiled a smartphone application for door and lock access that uses Bluetooth Low Energy (BLE) and NFC technologies. This platform enables the administration, distribution, and monitoring of access credentials.
Expansion Security Options Government Improvement to Assist Market Expansion
The adoption of RFID and biometric technologies by several governments and security organizations is also required to increase safety and security features in their transactions, which will also present numerous growth prospects within the market for video door entry systems. The objective is to provide security features and ensure a platform that enables developers to integrate IoT into the intended application.
- Increasing Urbanization: Urban areas are experiencing a population growth rate of 2.5% annually, leading to a higher demand for advanced security solutions like video door entry systems.
- Rise in Crime Rates: Cities have reported a 10% increase in property crimes over the past year, prompting homeowners to invest in video door entry systems for enhanced security.
RESTRAINING FACTORS
High Costs and ow awareness will Limit Market Expansion
The market is also severely impacted by users' low level of awareness of advanced security solutions. This aspect is anticipated to hinder market expansion. The expensive cost of installing the intercom communication system further impedes the market's expansion. Over the forecast period, it is also anticipated that these high costs will restrain the growth of the video door entry systems market.
- High Installation Costs: The average installation cost of video door entry systems has risen by 15% over the past two years, deterring some potential consumers.
- Privacy Concerns: Surveys indicate that 30% of potential users are hesitant to adopt video door entry systems due to concerns over data privacy and surveillance.
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VIDEO DOOR ENTRY SYSTEMS MARKET REGIONAL INSIGHTS
North America to Grow at the Highest video door entry systems Market Share During the Forecast Period
North America is primarily organized, and the residential sector significantly contributes to the creation of income. The market expansion in North America has been aided by the robust home automation sector and rising spending on security systems. Due to their growth in the video surveillance, safety and security, smart buildings, and home automation sectors, they are gaining market share. These gadgets are frequently viewed as value-added services for higher living standards. The expansion of the video door entry systems market in the region is therefore anticipated to be fueled by these factors working together.
KEY INDUSTRY PLAYERS
Key Players Focus on Partnerships to Gain a Competitive Advantage
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
- Amocam (U.S.): Holds a 5% share in the North American market, known for its user-friendly interfaces.
- AmzDeal (U.S.): Reports a 10% annual growth rate, focusing on affordable smart home solutions.
List of Top Video Door Entry Systems Companies
- Amocam (U.S.)
- AmzDeal (U.S.)
- Aperta (UK.)
- BW (Singapore)
- ELRO (Switzerland)
- Fermax (Spain)
- KKmoon(U.S.)
- Lansidun (China)
- Mercury (U.S.)
- TmeZon (China)
- Vimar (Italy)
- Yokkao (Thailand)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent video door entry systems market growth in some regions.
Attributes | Details |
---|---|
Market Size Value In |
US$ 2.99 Billion in 2024 |
Market Size Value By |
US$ 7.89 Billion by 2033 |
Growth Rate |
CAGR of 11.4% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
FAQs
The global video door entry systems market is expected to touch USD 7.89 billion by 2033.
The video door entry systems market is expected to exhibit a CAGR of 11.4% over forecast period.
Increased security requirement in residential and commercial areas is the driving factor of the video door entry systems market.
North America is the leading region for the video door entry systems market.
Amocam, AmzDeal, Aperta, BW, ELRO, Fermax, KKmoon, Lansidun, Mercury is some of the leading players in the video door entry systems market.