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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. SegmentationBy type, the market is segmented into network ionization detectors, photoelectric detectors, dual sensor detectors CO and CO2, aspirating smoke detector ASD, and laser smoke detector LSD. By service, the market is segmented into testing and inspection services, installation services, and maintenance and replacement services.