Global Video Door Entry Systems Market Insights Forecasts to 2033 

• The Global Video Door Entry Systems Market Size was Valued at USD 2.57 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 8.02% from 2023 to 2033
• The Worldwide Video Door Entry Systems Market Size is Expected to Reach USD 5.56 Billion by 2033 
• Europe is Expected to Grow the fastest during the forecast period.   

The Global Video Door Entry Systems Market Size is anticipated to exceed USD 5.56 Billion by 2033, growing at a CAGR of 8.02% from 2023 to 2033.

Market Overview

The industry that manufactures and distributes video door entry systems intercom systems that handle calls at the entrance to a building (homes complex, separated family residence, business premises, etc.) with access controlled by audiovisual communication between the inside and outside is known as the "video door entry systems market." Additionally, Increased investment in infrastructure development, particularly in emerging nations, is another important driver driving market expansion. Smart city initiatives, such as the installation of cutting-edge security systems in residential, commercial, and industrial complexes, are receiving significant funding from governments and the business sector in countries like Asia Pacific and Latin America. In the upcoming years, it is anticipated that such initiatives would generate a significant demand for video door entry systems.

Report Coverage

This research report categorizes the global video door entry systems market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global video door entry systems market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global video door entry systems market.  

Driving Factors

The growing concern for home security and safety is one of the main growth factors driving the market for video door entry systems. More individuals are relocating to gated communities and multi-unit residential structures where security is a major concern as urbanization continues to pick up speed. As a result, there is a greater demand for sophisticated security systems, such as video door entry systems. These systems greatly improve security measures by providing remote access, two-way communication, and real-time video surveillance. Additionally, technological developments have been a major factor in the market expansion for video door entry systems. Smart video door entry systems that can identify faces, identify odd activity, and instantly notify homeowners have been developed as a result of the integration of AI and IoT technology. Additionally, a wider range of customers have been drawn in by the emergence of wireless and cloud-based systems, which have made installation simpler and more affordable. Due to these advancements, video door entry systems are now available to typical households as well as high-end markets.

Restraints & Challenges

There are risks and difficulties facing the market as well. The high price of sophisticated video door entry systems is one of the main obstacles. Advanced systems with capabilities like facial recognition, AI integration, and remote access can be costly, while basic systems are generally reasonably priced.

Market Segmentation

The global video door entry systems market share is classified into type and application.

• The wired segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period.                            

Based on the type, the global video door entry systems market is categorized as wired and wireless. Among these, the wired segment accounted for a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period. This is due to their consistent and dependable operation, wired video door entry systems have long been the standard option. Generally speaking, these systems are favored in situations requiring long-term installation, including multi-unit residential buildings and commercial complexes.

• The residential segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period.       

Based on the application, the global video door entry systems market is categorized as residential, commercial, and industrial sectors. Among these, the residential segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period. The need for sophisticated video door entry systems in residential settings is being driven by the growing trend of smart homes and growing concerns about home security. Homeowners find these systems very tempting since they include capabilities like real-time video monitoring, remote access, and connectivity with other smart home appliances.

Regional Segment Analysis of the Global Video Door Entry Systems Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is projected to hold the largest share of the global video door entry systems market over the forecast period.

Asia Pacific is projected to hold the largest share of the global video door entry systems market over the forecast period. The need for video door entry systems in this area is being driven by factors such as growing disposable incomes, expanding urbanization, and growing home security awareness. The demand for sophisticated security systems is being further increased by the boom in residential and commercial construction in nations like China and India.

Europe is expected to grow at the fastest CAGR growth of the global video door entry systems market during the forecast period. This is due to rising investments in infrastructure development and smart city initiatives, Europe is another important market for video door entry systems. This region's market is dominated by nations like Germany, the UK, and France, where there is a strong need for cutting-edge security solutions for public, commercial, and residential facilities. The growing emphasis on improving security measures and the implementation of smart technologies are estimated to propel the Europe market's growth

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global video door entry systems market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Aiphone Corporation
• Honeywell International Inc.
• Legrand SA
• Panasonic Corporation
• Fermax Electronica S.A.U.
• Comelit Group S.p.A.
• ABB Ltd.
• Urmet Group
• Samsung Electronics Co., Ltd.
• TCS AG
• Siedle & Söhne OHG
• Elvox (Vimar Group)
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Developments

• In July 2024, leading diversified technology business Panasonic Life Solutions India (PLSIND) has introduced a new line of cutting-edge video door phones in India that are designed to meet the demands of independent homes and builders.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global video door entry systems market based on the below-mentioned segments: 

Global Video Door Entry Systems Market, By Type

• Wired
• Wireless

Global Video Door Entry Systems Market, By Application

• Residential
• Commercial
• Industrial Sectors

Global Video Door Entry Systems Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa