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.
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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.
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.
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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.
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