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.
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