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Among the end users, residential users are widely adopting smart
smoke detectors owing to its higher usability and ease of use. These smoke detectors are highly affordable, especially battery powered. The residential segment dominated the global market throughout the forecast
period. However, industrial is growing with a highest CAGR. By region, the laser smoke detector market is segmented into North America, Europe, Asia Pacific, and rest of the world. Regional Analysis: The market for laser smoke detector is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of unified communication and collaboration 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 is the dominating region in terms of revenue generation. On the other hand, Europe is the second dominating region. One of the major challenging factors that refrain the market growth are the resident users which do not easily switch to newer technologies. On the contrary, Asia Pacific is expected to grow with a highest CAGR during the forecast period.