The intense competition between RTS Intercom, Clear-Com Ltd., and Commend International GmbH characterizes the competitive landscape of the market for wireless intercom in Asia Pacific, finds a report by Transparency Market Research.
These wireless intercom manufacturers rely on product
innovations and integration of latest technologies in their existing offerings
to grab an edge over each other. For instance, Commend Int. introduced an
advanced version of its intercom solution in April 2015, integrated with
intelligent volume control function to enhance the speech volume and degrade
the background sound in noise-polluted environments. By September 2015,
Clear-Com also came up with DX410, a 2.4GHz base station, offering a
two-channel, frequency hopping system.
Over the forthcoming years, other than innovation and
advancements, competitors in this market will look for strategic alliances with
companies in the media and technology sector in order to incorporated
technological developments in their products, strengthening their position in
Asia Pacific.
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Need for Robust Security Solutions Boosts Demand for
Wireless Intercoms
Asia Pacific is undergoing a phase of rapid advancements in
terms of economy and infrastructure. This infrastructural development has
fuelled the need for robust security solutions across the region. The demand
for efficient security in Asia Pacific is also witnessing a remarkable surge
due to the growing concerns over threats to safety and security, considering
the increased crime rate and terror attacks.
Intercoms, being one of the most essential components of a
security systems, is, thereby, also witnessing an immense surge in demand in
this region. Wireless intercoms, owing to their easy handling, experience a
higher demand compared to traditional wired ones. Technical advancements in
wireless intercoms, such as the integration of encryption techniques, is also
an important factor behind the increasing preference for them over wired
intercoms.
Going forward, the rocketing urbanization, together with the
speedy growth of smart cities across Asia Pacific, is likely to prepare ground
for the widespread application of wireless intercoms over the next few years in
this region.
Increasing Demand for Wi-Fi-based Wireless Intercoms to
Impact Growth Rate of RF-based Wireless Intercoms
The Asia Pacific market for wireless intercom has witnessed
a tremendous rise since the last decade, says TMR. Analysts expect it to remain
registering steady growth in the near future. Rising at a CAGR of 12.30%
between 2015 and 2023, the opportunity in wireless intercom, across Asia
Pacific, is likely to increase from US$0.4 bn in 2014 to US$1.1 bn by the end
of the forecast period.
Based on technology, radio frequency-based wireless
intercoms led the overall market in 2014 with a demand share of more than 80%.
The segment is likely expand at a CAGR 10.5% during the forecast period;
however, with a 19.80% CAGR, the demand for Wi-Fi-based wireless intercoms will
register the fastest growth over the next few years.
By end user, large enterprises are the key consumers of
wireless intercoms in Asia Pacific. The trend is expected to remain the same
during the forecast period. In terms of industry verticals, security and
surveillance have emerged as the leading segment and is projected to continue
to lead in the coming years.
Regionally, wireless intercoms enjoy maximum application in
the Rest of Asia Pacific. Any change in this condition is not expected in the
near future.
The study presented here is based on a report by
Transparency Market Research (TMR) titled “Wireless Intercom Market -
Asia Pacific (APAC) Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023.”
The wireless intercom market is segmented as below:
By End-user
- Small
and Medium Enterprises (SMEs)
- Large
Enterprises
By Industry Vertical
- Retail
- Event
Management
- Hospitality
- Security
and Surveillance
- Transportation
and Logistics
- Others
By Technology
- Wi-Fi
- By
Wi-Fi Band
- 8
GHz
- 4
GHz
- 6
GHz
- Radio
Frequency
- By
RF Channel
- Single
- Dual
- Multi
- By
RF Band
- 540
MHz – 680 MHz
- 721
MHz – 750 MHz
- 823
MHz – 865 MHz
- Others
By Price
- By
Dealership
- By
End-user
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By Region
- China
- ASEAN
- Oceania
- Rest
of APAC
About Us
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Market Research employs rigorous primary and secondary research techniques to
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