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Asia Pacific Wireless Intercom Market: Demand from Security and Surveillance Sector to Drive Market at 12.3% CAGR

Wireless intercoms offer improved communication with the added advantage of mobility. The rapid growth of the infrastructure sector owing to the expansion of the urban population in Asia Pacific has driven the need for robust security and communication solutions. This, in turn, has boosted the growth of the Asia Pacific wireless intercom market. The Asia Pacific wireless intercom market is estimated to expand at a CAGR of 12.3% during the period between 2015 and 2023. The overall market is projected to be worth US$1.1 bn by 2023.

 

Download PDF for Wireless Intercom Market : http://tinyurl.com/j2egdqr

 

Compared to a wired intercom, wireless intercoms help decrease the initial cost of installation by nullifying the wiring requirement. Through advanced encryption technologies and multiple channels, wireless intercom also offers privacy during conversation and is hence preferred for security and surveillance purposes.

 

Transportation and Logistics Segment to Boost Demand for Wireless Intercoms across Asia Pacific

 

On the basis of industry, the Asia Pacific wireless intercom market has been segmented into event management, retail, security and surveillance, hospitality, transportation and logistics, and others. In 2014, security and surveillance accounted for about 24.9% of the market. Most infrastructure facilities across the region use wireless intercoms to monitor crowds and secure facilities. The demand for wireless intercoms from the transportation and logistics segment is expected to increase in the coming years.

 

Wi-Fi Segment to Witness Fastest Growth in Asia Pacific Wireless Intercom Market

 

On the basis of technology, the Asia Pacific wireless intercom market has been broadly categorized into Wi-Fi, radio frequency, and others. On the basis of band, the Wi-Fi segment has been sub-segmented into 4 GHz, 6 GHz, and 8 GHz. The radiofrequency segment has been further divided on the basis of RF band and RF channel. While RF bands are in the range of 540 MHz-680 MHz, 721 MHz-750 MHz, and 823MHz-865 MHz, RF channels have been classified into single, dual, and multi. In 2014, the radiofrequency (RF) segment held approximately 81% of the market and dominated the overall market.

 

During the period between 2015 and 2023, the RF segment is expected to witness moderate growth owing to the easy availability of RF-based wireless intercoms. Compared to Wi-Fi based systems, RF-based wireless intercoms are inexpensive. During the period between 2015 and 2023, the Wi-Fi segment is expected to witness the fastest growth in the market. Wi-Fi-based wireless intercoms provide a wider range of channels and better voice clarity than RF-based wireless intercoms.

 

Key Regions in Asia Pacific Wireless Intercom Market

 

The key regions in the Asia Pacific wireless intercom market are ASEAN, China, Oceania, and Rest of Asia Pacific. The ASEAN region includes Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Cambodia, Myanmar, and others. Oceania is divided into New Zealand and Australia. In 2014, the Rest of APAC was the largest market for wireless intercoms and accounted for around 39.8% of the overall Asia Pacific market. High growth rate of commercial infrastructure, special economic zones, and industrial complexes has propelled the increased adoption of wireless intercoms across the Rest of APAC.

 

Key Players in Asia Pacific Wireless Intercom Market

 

Some of the key players in the Asia Pacific wireless intercom market are ZENITEL GROUP, Clear-Com (HME Company), Sena Technologies, RTS Intercom (part of Bosch Security Systems, Inc.), Telephonics Corporation, Riedel Communications GmbH & Co KG, Panasonic Corporation, and Commend International GmbH.

 

Browse Market Research Report                                                                                                                         http://www.transparencymarketresearch.com/asia-pacific-wireless-intercom-market.html

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