Home > > Semiconductor And Electronics > > Door Phone Market Size, Share | Industry Growth, Forecast To 2031
Id: CBI_1471 | Pages: 359 | Format : PDF | Published : | Author : Pawan Chasta | Category : Semiconductor And Electronics
Door Phone Market size is estimated to reach over USD 10,145.13 Million by 2031 from a value of USD 5,584.76 Million in 2023 and is projected to grow by USD 5,917.95 Million in 2024, growing at a CAGR of 7.7% from 2024 to 2031.
Door Phone refers to a communication device designed to facilitate secure interaction between a resident or office occupant and a visitor at the entrance. These systems allow individuals inside the building to communicate with those outside without needing to physically open the door, providing both safety and convenience. Additionally, it offers audio and video communication here residents can speak or see the visitors via camera at the entrance. Moreover, these systems deliver a wide range of benefits including two-way communication, access control, enhanced security, and convenience. The aforementioned benefits of door phones are major determinants for increasing their deployment in residential and commercial use cases.
There is a growing demand for enhanced security systems across residential and commercial sectors. As concerns over safety and unauthorized access rise, both homeowners and businesses are implementing these systems to monitor and control entry points effectively. Additionally, these systems provide enhanced security along with convenience by enabling users to communicate with visitors without physically opening the door. Moreover, advancements in technology in internet-protocol video door capabilities, enhanced connectivity, and improved security systems in buildings are significantly contributing to the industry expansion.
Therefore, security concerns in residential and commercial sectors in driving the door phone market growth.
The initial investment for a sophisticated door phone, particularly those with integrated smart home features is substantial. The complexity of installation, especially with wired systems and ongoing maintenance requirements deter potential customers in budget-conscious segments. Additionally, advanced systems including high-definition IP-based phones require specialized maintenance and updates to ensure optimal performance, adding to the total cost of ownership.
Hence, as per the market analysis, high installation and maintenance costs are restraining the door phone market demand.
Cloud-based access control systems enable remote management and monitoring of door-phone functions which enhances flexibility and convenience for users. It enables access and control to their phone systems from anywhere via smartphone apps or web interfaces, providing real-time notifications and the ability to grant or deny access remotely.
Therefore, cloud-based access control provides remote management is fueling the door phone market share.
Based on the product type, the market is segmented into audio phones and video phones.
Trends in the product type:
The audio phone accounted for the largest revenue share in the year 2023.
The video phone is anticipated to register the fastest CAGR during the forecast period.
Based on technology the market is segmented into analog and IP-based.
Trends in the Technology:
The IP-based door phone is anticipated to register the fastest CAGR during the forecast period.
Based on connectivity the market is segmented into wired and wireless.
Trends in the Connectivity:
The wired accounted for the largest revenue share in the year 2023.
The wireless is anticipated to register the fastest CAGR during the forecast period.
Based on application is segmented into residential, commercial, and others.
Trends in the application :
The residential accounted for the largest revenue share of 61.28% in 2023 and is anticipated to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 1,502.21 Million in 2023. Moreover, it is projected to grow by USD 1,594.99 Million in 2024 and reach over USD 2,793.97 Million by 2031. Out of this, China accounted for the maximum revenue share of 31.2%. The Asia-Pacific region is experiencing rapid growth in the door phone market, fueled by increasing urbanization, rising disposable incomes, and the growing popularity of smart homes. China, India, Japan, and South Korea are the primary markets driving this growth.
North America is estimated to reach over USD 3,510.22 Million by 2031 from a value of USD 1,940.52 Million in 2023 and is projected to grow by USD 2,055.57 Million in 2024. The market expansion is boosted by the integration of door phones with home automation systems and the growing preference for IP-based technology are significant trend. The region is also witnessing increased investment in cloud-based door phone solutions, which provide enhanced remote management capabilities.
Europe holds a substantial share of the door phone market, with countries like Germany, the UK, and France leading the adoption of advanced security technologies. The region's focus on smart city initiatives and residential security drives industry growth.
Latin America is an emerging market for door-phones, with increasing urbanization and a rising focus on home security driving demand. Brazil, Mexico, and Argentina are key markets in the region.
As per the door phone market analysis, the adoption of IP-based door phones is gaining traction in the Middle East and Africa region, especially in high-end residential and commercial projects. There is also a growing interest in cloud-based solutions that offer remote access and management capabilities, catering to the needs of large properties and gated communities.
The Door Phone market is highly competitive with major players providing secure interaction to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the door phone market. Key players in the door phone industry include-
Product Launches:
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 10,145.13 Million |
CAGR (2024-2031) | 7.7% |
By Type |
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By Technology |
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By Connectivity |
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By Application |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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Door Phone refers to a communication device designed to facilitate secure interaction between a resident or office occupant and a visitor at the entrance. These systems allow individuals inside the building to communicate with those outside without needing to physically open the door, providing both safety and convenience.
The trend toward cloud-based access control is also influencing IP-based door phones. Cloud-based solutions offer greater flexibility, allowing users to manage and access their systems from anywhere, which is particularly beneficial for businesses with multiple locations or remote properties.
The Asia-Pacific region is experiencing rapid growth in the door phone market, fueled by increasing urbanization, rising disposable incomes, and the growing popularity of smart homes.
The Key players indoor phone market are Aiphone Co. LTD, Honeywell International Inc (US), Legrand (France), Panasonic Corporation (Japan), Samsung Electronics (South Korea), ABB Ltd (Switzerland), Alpha Communications (US), Kocom Corporation (South Korea), Zicom Electronics Security systems (India), 1byone Products Inc (US) and Others