The world market for audio and video door phones was estimated to be worth $2.3 billion in 2014, an increase of $100 million from 2013, according to a new report from IHS. The audio and video door phone market consists of indoor units, outdoor units, accessories and villa kits.
A main technology trend currently affecting the market is the integration of video door phones with home automation systems. The home automation market has grown considerably in recent years, especially in the United States where several alarm monitoring, cable and telecommunication companies have all released home automation and security products.
This is important for the door phone market because consumers are expected to increasingly want products to integrate into one system, all controlled from either a smart mobile device or a smart alarm/control panel.
IHS expects the growth of the home automation market will have two main implications on the door phone market. First, IP door phone systems have historically been focused on non-residential applications; however, IHS forecasts IP systems to increasingly be used within the residential market given the proliferation of home automation applications.
Secondly, IHS predicts the video door phone market to follow other technology markets, for example, the mobile phone and laptop markets, and move increasingly to larger touchscreen indoor units.
Touchscreen indoor units allow more functionality on the indoor unit and facilitate greater ease of integration with other smart-home products, including intrusion alarms, lighting controls and heating systems. Nevertheless, IHS forecasts door phone suppliers to experience increased competition from multifunction alarm panel suppliers, for example, Honeywell and its Tuxedo Touch panel.