Analytics, Research & Consulting Video Intercom Devices Market | Page 2
Americas dominates the Video Intercom Devices and
Equipment Market
Americas has a major share in the Video Intercom Devices and
Equipment Market during the forecast period. It is expected to
reach $1,996.92 million by 2023 at a CAGR of 8.3%. The US stands
first in surveillance automation with large scale employment in the
commercial sector. Growing government regulations and
increasing preferences towards digital systems will drive the
market growth in Latin America. The US will have a faster growth
when compared to other countries in the future. Video surveillance
and communication are present in sectors such as banking, retail,
manufacturing, media & entertainment. Europe will generate
revenue of $1,180.37 million by 2023 at CAGR of 6.2%. The demand
for the intercom system in residential buildings is growing in
Europe.
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