Video door phone market opens up to fast growth

October 2013 News & Events

The $1,8 billion global door phone market is transitioning from audio to video technology, with video set to grow and account for 50% of unit shipments in 2017, according to a new report entitled ‘The World Market for Audio and Video Door Phones’ from IMS Research.

Worldwide unit shipments of video door phones are forecast to grow by 7,5% during the next five years, with several technological advances and benefits helping to drive the transition from audio to video door phones. These trends include increased integration with building automation, a transition toward ‘hands off’ indoor units along with larger 7-inch screen sizes, and an increase in the use of network systems and megapixel cameras.

“The transition from audio to video door phones is occurring in all regions around the world, and is being driven by many factors,” said Oliver Philippou, market analyst for video surveillance at IHS. “Ultimately, this change is due to a reduction in the price of video door phones, and the consumer’s perception of increased security via better identification of those who are trying to gain access.”

But while all of these technological developments will generate a lot of interest and help drive the market forward, the highly price-sensitive nature of the business will ultimately mean that the majority of products shipped will be entry-level devices. Meanwhile, the arrival of low-cost Chinese suppliers is intensifying competition in the market, and helping to promote the rise of video solutions.

“The increased price competition – with some Chinese manufacturers able to produce audio door phone indoor units for as little as $3 – has led to traditional branded suppliers moving away from the audio door phone market and pushing their video door phone products more aggressively in order to maximise profits,” Philippou noted. “This has allowed low-priced, unbranded products to gain market share in the audio door phone market. However, it is not just audio door phones that are experiencing a price decline. Video door phones are also dropping in price, making them more accessible to wider markets.”

The report forecasts the growth of analogue door equipment, network door phone equipment, and other relevant topics in greater detail for both audio-only door phones as well as video door phones. IHS also offers a detailed region-focused look on audio and video door phones, in addition to analysis of the Chinese market.

For more information contact IMS Research, +1 408 654 1714, [email protected], www.ihs.com





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Highest increase in global cyberattacks in two years
Information Security News & Events
Check Point Global Research released new data on Q2 2024 cyber-attack trends, noting a 30% global increase in Q2 2024, with Africa experiencing the highest average weekly per organisation.

Read more...
From the editor's desk: A burning issue
Technews Publishing News & Events
      Welcome to the first publication from SMART Security Solutions devoted to the fire industry. In the BMI report, sponsored by the Elvey Group, released earlier this year, fire was the smallest component ...

Read more...
From the editor's desk: Keeping them out, keeping you aware
News & Events
Alarm, intrusion, and perimeter protection have been part and parcel of South African society for years. Many years ago, a home alarm consisted of wires covering one’s windows, which caused an alarm ...

Read more...
SMARTpod talks to The Risk Management Forum
SMART Security Solutions Editor's Choice News & Events Security Services & Risk Management Videos Training & Education
SMART Security Solutions recently released its first SMARTpod podcast, discussing the upcoming Risk Management Forum Conference 2024, which will be held on 26 September 2024 at the Indaba Conference Centre in Fourways, Johannesburg.

Read more...
New State of Physical Access Control Report from HID
HID Global Editor's Choice Access Control & Identity Management News & Events
HID released the 2024 State of Physical Access Control Report, identifying five key trends shaping access control's future and painting a picture of an industry that has been undergoing considerable transformation.

Read more...
Workforce Consortium to reskill 95 million people
Editor's Choice News & Events AI & Data Analytics
ICT Workforce Consortium of global leaders has come together, committing to train and upskill 95 million people over the next 10 years, as 92% of jobs analysed are expected to undergo either high or moderate transformation due to advancements in AI.

Read more...
Tech Trailblazers seeks the most innovative and diverse investors in enterprise tech
News & Events
This year, the global enterprise tech startup awards, the Tech Trailblazers, is looking for the most innovative and diverse VCs as well as its usual hunt for groundbreaking tech start-ups.

Read more...
ONVIF standards drive growth in physical security market
News & Events
ONVIF has announced that more than 30 000 product models in the $120  billion global physical security market meet the ONVIF conformance requirements for interoperability.

Read more...
Western Digital reveals new solutions
Products & Solutions News & Events Infrastructure
Western Digital unveiled new solutions and technology demonstrations at the Future of Memory and Storage Conference 2024. The innovations cater to diverse market segments, from hyperscale cloud to automotive and consumer storage.

Read more...
Challenges in SMME financing and support
News & Events Financial (Industry)
In a step towards empowering small, medium, and micro enterprises (SMMEs), a recent forum was held in KwaZulu-Natal aimed at developing and growing SMMEs through public-private collaboration.

Read more...