Europe IP Video Intercom Device and Equipment Market Size (2024 - 2029)

The Europe IP Video Intercom Device and Equipment Market is projected to experience significant growth, driven by the increasing demand for video surveillance at entry and exit points to prevent physical breaches. The market's expansion is further supported by the application of these devices across various sectors, such as healthcare, parking areas, and transportation, where non-contact access control is becoming essential. The development of new residential and commercial infrastructures, along with a heightened focus on advanced video surveillance, is expected to propel the market. Despite the growth potential, security concerns regarding the deployment of IP-based video intercom devices in European cities pose challenges, as these systems are vulnerable to data transmission breaches.

Market Size of Europe IP Video Intercom Device and Equipment Industry

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CAGR
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 1.18 Billion
Market Size (2029) USD 1.80 Billion
CAGR (2024 - 2029) 8.97 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Europe IP Video Intercom Device & Equipment Market Analysis

The Europe IP Video Intercom Device and Equipment Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.8 billion by 2029, growing at a CAGR of 8.97% during the forecast period (2024-2029).

The deployment of IP video intercom services are directly related to the increased need for video surveillance at entry and exit points to prevent physical breaches. Besides entry and exit surveillance, the IP video intercom devices market is driven by its application across various sectors, including healthcare settings where non-contact access control has gained traction, parking areas, and the transportation sector to optimize visibility and communication.

  • As new infrastructure comes up in the residential and commercial sectors, the high focus on advanced video surveillance alongside the ease of convenience is anticipated to drive the growth of the market studied. Data centers, for instance, are expected to witness high growth rates since security is one of their primary concerns.
  • For instance, according to the Rethinking Buildings Post-COVID-19 Survey by Honeywell, which surveyed Germany alongside three other countries, 55% of respondents opined that they are likely to invest in upgrading and improvising their overall security solutions. Furthermore, 74% of data center facility managers indicated that physical site security and access control are a major concern for them. This large inclination toward strengthening the facility's security physically outlines the high potential for adopting IP video intercom solutions in such facilities.
  • The focus on touchless IP video intercom systems has gained significant traction following the COVID-19 pandemic. These systems can capture gesture recognition. Safety trends like the ability to grant remote and contactless access have gained popularity across public spaces. Technological advancements in this field have led IP video intercom systems to offer call systems by raising the hand toward the device to initiate a call. Such systems reduce the risk of transmission of the pandemic and decrease the need to clean the environment.
  • During the COVID-19 pandemic, customers began upgrading analog video intercoms to IP video systems, driving the market study. Market vendors like Hikvision are increasingly utilizing this trend and introduced innovative two-wire IP video intercom solutions across Europe.
  • However, security concerns over the deployment of IP-based video intercom devices in European cities are one of the primary factors restraining the growth of the studied market. Like any other connected technologies, the IP-based video intercom systems also depend on networks for data transmissions and are thus, vulnerable to breaching. Legacy systems and new-age digital technologies are forced to work together. They expose the entire ecosystem to hidden security vulnerabilities without consistent security policies and procedures to govern their operational framework.

Europe IP Video Intercom Device & Equipment Industry Segmentation

The study tracks the European video intercom market, including the overall market with analog and IP-based equipment. The study includes the analysis of IP-based video intercom vendors and the intercom price, along with analyzing major performance indicators and macro-economic factors impacting the overall IP-video intercom industry.

By End-User
Commercial
Residential
Government Or Others
By Country
United Kingdom
Germany
France
Rest of Europe
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Europe IP Video Intercom Device and Equipment Market Size Summary

The Europe IP Video Intercom Device and Equipment Market is poised for significant growth, driven by the increasing demand for advanced video surveillance solutions across various sectors. The market's expansion is closely linked to the rising need for security at entry and exit points, particularly in residential, commercial, and transportation sectors. The healthcare industry has also seen a surge in the adoption of non-contact access control systems, further propelling market growth. The shift from analog to IP-based systems is a key trend, with technological advancements enabling features like gesture recognition and remote access, which have gained popularity post-COVID-19. Despite the challenges posed by security concerns related to IP-based systems, the market is expected to benefit from the growing emphasis on enhancing facility security, especially in data centers and commercial buildings.

The commercial sector, including office buildings and multi-tenant spaces, is a significant contributor to the market's growth, as these facilities increasingly adopt IP video intercom systems to streamline access control and improve security. The construction of new commercial buildings, coupled with the need to upgrade outdated analog systems, presents substantial opportunities for market expansion. Countries such as Germany, the UK, France, and Italy are leading the charge, with strong growth prospects anticipated. The market is characterized by intense competition among local vendors and substantial investments in research and development, driving innovation and offering a wide range of choices for buyers. Major players like Honeywell, Samsung, Panasonic, and Doorbird are actively contributing to the market's dynamic landscape, introducing advanced solutions to meet the evolving security needs of European customers.

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Europe IP Video Intercom Device and Equipment Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power Of Buyers

      3. 1.3.3 Threat Of New Entrants

      4. 1.3.4 Intensity Of Competitive Rivalry

      5. 1.3.5 Threat Of Substitutes

    4. 1.4 Market Drivers

    5. 1.5 Market Challenges/restraints

    6. 1.6 Impact Of COVID-19 On The Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By End-User

      1. 2.1.1 Commercial

      2. 2.1.2 Residential

      3. 2.1.3 Government Or Others

    2. 2.2 By Country

      1. 2.2.1 United Kingdom

      2. 2.2.2 Germany

      3. 2.2.3 France

      4. 2.2.4 Rest of Europe

Europe IP Video Intercom Device and Equipment Market Size FAQs

The Europe IP Video Intercom Device and Equipment Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 8.97% to reach USD 1.80 billion by 2029.

In 2024, the Europe IP Video Intercom Device and Equipment Market size is expected to reach USD 1.18 billion.

Europe IP Video Intercom Device and Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)