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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.
personal medical alarm
4 Key Developments14. 1. 5
SWOT Analysis14. 1. 6 Key Strategy14. 2
Samsung Electronics Co. Ltd14. 2. 1 Company Overview14. 2. 2 Product/Business Segment Overview14.