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An analysis of the global smart smoke detector market in terms of market sizing and growth opportunities during the forecast period 2019?20242. Comprehensive insights about current industry trends, growth drivers, investment opportunities, and market challenges in the global smart smoke detector market3. A complete overview of market segments and the regional outlook of the global market4. com Email: Tel: +1 718 213 4904 Website:Dublin, May 02, 2019 GLOBE NEWSWIRE The "Smart Smoke Detector Market Global Outlook and Forecast 2019 2024" report has been added to ResearchAndMarkets. com's offering. The global smart smoke detector market is expected to reach more than $2 billion by 2024, growing at a CAGR of over 12% during 2018 2024.

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01.14.2007 | 34 Comments

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01.14.2007 | 16 Comments

The information obtained by these sensors is then analyzed and checked for any mishap that might take place in a period of time. This information is sent to user’s device such as smartphone or tablet through wireless connections using communication platform such as Wi Fi, Bluetooth, ZigBee, and Z Wave, among others. In case of fire or smoke, the alarm in the detector triggers and notifications are sent to all the connected devices. With the advent of artificial intelligence and internet of things IoT in the development of smart devices, the market for smart smoke detector has become lucrative for manufacturers to integrate these technologies in smoke detectors, encouraging them develop new products in smoke detector. The major factor attributing to the growth of smart smoke detector market includes growing number of fatal injuries in commercial buildings and industrial premises. Moreover, customers inclination towards smart buildings is fueling the market growth. However, high costs incurred in the deployment of smart smoke sensors might hamper the growth of smart smoke detector market. The market seeks opportunities owing to adoption of IoT and connected technologies by the customers. Europe is the second dominating region in the smart smoke detector market. Although Europe is technically advanced and well established region, the residents are unlikely to switch to smart solutions and thus, refrain the market growth in European region. On the contrary, the region of Asia Pacific is expected to witness a highest growth rate during the forecast period.