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39. Most DIY home security providers offer monthly professional monitoring for agents to watch after your home at all times. When a home security system is professionally monitored, a specialist from the monitoring company is ready to respond when sensors are triggered. If any activity triggers the alarm, a professional will attempt to contact you and alert emergency responders to your home. The cost of professional monitoring may range from $10/mo. up to $50/mo.residential security system
Smoke detectors are automated sentries, able to detect smoke in real time. If the density of smoke exceeds a predetermined threshold, a smart smoke detector will send information to the backend management platform and activate related devices such as alarm bells. The platform will then automatically send the information to the corresponding departments and alert the right personnel by voice messages or SMS. The increasing need for fire safety devices is influencing the adoption of smart smoke detecting systems in the commercial sector. Constant product enhancements and the launch of new features are the keys to achieve high sales growth in the global market. The application of IoT in smoke detecting devices is opening new avenues for market vendors. APAC, Latin America, and MEA are expected to be the fastest growing markets during the forecast period. Strong initiatives by global regulatory bodies, increased the need for proactive defense systems, and the growth of home automation will positively affect the market during the forecast period. The study considers the present scenario of the global smart smoke detector market and its market dynamics for the period 2018?2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply side of the market.