home security alarm
Market Segmentation by Product TypeSmart Smoke Detector Market GeographyThe global smart smoke detector market by geography is segmented into APAC, Europe, North America, Latin America, and MEA. North America is likely to dominate the global smart smoke detector market in terms of shipment. In North America, the US and Canada were the major revenue contributors to the market in 2018, as these countries witnessed a surge in the adoption of smoke detecting devices due to stringent fire safety norms. In addition, the rapid adoption of photoelectric solutions and dual smoke detecting systems is also expected to influence the market during the forecast period positively. Rapid urbanization is expected to drive the smart smoke detector market in APAC during the forecast period. The MEA region is also expected to witness steady growth in the demand for the smart smoke detector. Key Vendor AnalysisThe smart smoke detector market has highly diversified as each geography has its own competitive dynamics. The North American market can be termed as the most competitive market due to high product reach, increasing market demand, and the presence of several players. The US is the most lucrative market in North America due to the growing adoption of photoelectric and dual smoke detector solutions. Companies MentionedThere’s a lot to absorb when setting up a smart home. That's because the concept of a "smart home" is relatively new, and the term itself is fairly nebulous.