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According to a market report by Lucintel, the future of the video door phone market looks promising with opportunities in the residential and non-residential markets. The global video door phone market is expected to reach an estimated $7.2 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing acceptance of video door phones in the non-residential as well as government applications for communication and security purposes and growing trend for home automation and smart appliances.



In this market, wireless door phones and wired door phones are the two major product type segments. Lucintel forecasts that wireless door phones will remain the larger product type segment over the forecast period due to growing usage in the residential application owing to ease of use and increasing penetration of internet across the globe.



Within this market, non-residential is expected to remain the larger application segment due to increasing application of video door phones in the non-residential sector, such as facilities, buildings, and offices, around the world.



APAC will witness the highest growth due to rapid urbanization and growing number of construction activities in the region.

Panasonic Corporation, Honeywell International, ABB, Aiphone, VTech, FERMAX, Zmodo, Legrand, and SkyBell Technologies are the major suppliers in the global video door phone market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global video door phone market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Video Door Phone Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global video door phone market by product type, application, and region, as follows:


Video Door Phone Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Wireless Door Phones


  • Wired Door Phones



Video Door Phone Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Residential


  • Non-Residential



Video Door Phone Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 


About Lucintel



Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the global video door phone market by product type (wireless door phones and wired door phones), application (residential and non-residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?