The $1.8 billion global door phone market is transitioning from audio to video technology, with video set to grow and account for 50 percent of unit shipments in 2017, according to a new report entitled “The World Market for Audio and Video Door Phones” from IMS Research, now part of IHS. Worldwide unit shipments of video door phones are forecast to grow by 7.5 percent during the next five years, with several technological advances and benefits helping to drive the transition from audio to video door phones. These trends include increased integration with building automation, a transition toward “hands off” indoor units along with larger 7-inch screen sizes, and an increase in the use of network systems and megapixel cameras.
But while all of these technological developments will generate a lot of interest and help drive the market forward, the highly price-sensitive nature of the business will ultimately mean that the majority of products shipped will be entry-level devices. Meanwhile, the arrival of low-cost Chinese suppliers is intensifying competition in the market, and helping to promote the rise of video solutions.
The recently published report, “The World Market for Audio and Video Door Phones – 2013 Edition,” forecasts the growth of analogue door equipment, network door phone equipment, and other relevant topics in greater detail for both audio-only door phones as well as video door phones. IHS also offers a detailed region-focused look on audio and video door phones, in addition to providing incisive analysis of the Chinese market.