With the rapid development of my country's real estate industry and the continuous improvement of people's living standards, the society as a whole has an increasing demand for building video intercom system products. Building intercom system technology has gradually developed. In the context of the rise of smart homes, the scale of industry market has exceeded 2 billion US dollars. In the future, the industry will be dominated by digital building intercom systems, and the annual growth rate of the market will reach about 7.1%.

Building intercom system technology has gradually developed, and the market size has exceeded 2 billion US dollars.

From the perspective of the development process of the building intercom system, the early building intercoms existed in the form of electronic tubes, which were used to transmit sound. Around the 1950s, building intercom systems began to have telephone-like hardware. Visitors and residents could talk to each other directly through the intercom by pressing or holding down the button.

From the perspective of market size, according to data from LP Information, the market size of the building intercom system in 2019 was US$2.099 billion. In 2020, affected by COVID-19, the growth rate of the building intercom system market is expected to slow down, and the market size is expected in 2020 approximately $2.2 billion.

The expansion of the scale of building intercom systems.

In the future, the building intercom market will transition from audio technology and analog technology to video technology and digital technology. At the same time, more and more people have accepted the concept of digital and intelligent communities, and multifunctional building intercom products will continue to emerge. Like LEELEN’s product Video Doorbell Black M57 and Four Wire Digital Outdoor Intercom Station Model 15.

With the increase in residents' disposable income, the abundance of raw materials and the continuous changes in consumer technology, the growth rate of the market of building intercom system is accelerating. According to the forecast of LP Information, a US market research organization, the compound annual growth rate of the market turnover of intercom products in the next five years will reach 7.1% and the market size of intercom systems will reach around US$3.4 billion by 2026.