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Digital Intercom System

In the Future, the Annual Growth Rate of the Building Intercom Market Will Reach 7.1%

  • 2021-05-20 17:19:29

In recent years, building intercom system technology has gradually developed. In the context of the rise of smart homes, the industry's global market scale 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%.


1. The global building intercom technology has gradually developed, and the market size has exceeded 2 billion US dollars.

From the perspective of the development of the global building intercom system, the early building intercoms existed in the form of electronic tubes 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.

In 1947, the invention of the transistor (a device for amplifying or switching electronic signals) further improved the technical level of building intercom systems, and manufacturers began to use them to construct intercom systems. After the 1980s, the visual intercom system developed rapidly.

The visual building intercom system needs to be equipped with camera and screen hardware, and is connected through the wiring of the entire building. In recent years, technologies such as network technology, communication technology and automation technology have further promoted the development of building intercom system technology.

From the perspective of market size, according to data from LP Information, the global market for building intercom systems in 2019 was US$2.099 billion. Affected by COVID-19 in 2020, the growth rate of the market for building intercom systems is expected to slow down. The market is expected to be in 2020. The scale is approximately US$2.2 billion.


2. The development of smart communities and the expansion of the market scale of building intercom systems.

In the future, the global 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’ products: Picture Storage Four Wire System Villa Indoor Station V34M and Mechanical Push button Digital Outdoor Intercom Station Model 10.

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


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