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Regional analysisThe global market for smart smoke detector is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of smart smoke detector market is studied for North America, Europe, Asia Pacific, and the rest of the world including the Middle East, Africa, and Latin America. North America dominated the smart smoke detector market owing to increased instances of fire hazards in the US. Moreover, the region has a developed infrastructure and with the advancements in Internet of Things, the demand for smart devices in premises has been observed. 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.security services company
As an industry we are doing good work making sure products can connect in a meaningful way. ”While homeowners are nearly 2. 5 times more likely than renters to have a working security system, a significant portion 43 percent of recent buyers acquired their systems as part of the purchase of a new or existing home. While interactive services have taken hold in the industry, radically improving customer satisfaction and retention, the addition of home control products including lighting and thermostats has also expanded the value of security solutions. Bundling smart energy, home security, and smart home services has made the security industry the leading channel for smart home services. Looking to move beyond the current 21 percent to 22 percent penetration among broadband households, professional monitoring providers may be hard pressed to find a single silver bullet.