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The global smart smoke detector market is expected to reach more than $2 billion by 2024, growing at a CAGR of over 12%
during 2018 2024. The surge in demand for photoelectric and
hardwired battery detectors will drive the global market during the forecast period. 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 achieving 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.
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Its international protective services department aims to safeguard “clients in complex and
emerging markets. ” Meanwhile, the company’s cash management services process $5 billion a day. In August 2013 GardaWorld acquired G4S’ Canadian cash management division in a deal thought to be worth around $110 million. And in December 2013 GardaWorld
agreed upon a 12 year cash management deal with Bank of America valued at $1. 4 billion. At the end of April 2012, GardaWorld’s quarterly revenue totaled some $300 million.
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