Bioacoustics Sensing Market Top Companies to Watch Out: Matsushita Electric Industrial, Panasonic Corporation, Honeywell, Pacesetter, Samsung Electronics, Medacoustics, Remon Medical Technologies

Bioacoustics is branch of science that combines biology and acoustics. It is associated with the production, control, transmission, reception, and effects of sound on animals as well as humans. It is used to understand the relationship between features of sounds animals produce, the nature of the environment in which they are used, and the functions they are designed to serve.

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Factors driving growth of the bioacoustics sensing market

Major factors driving growth of the bioacoustics sensing market include growing awareness and worldwide acceptance of artificial intelligence. Report of the U.S. (GAO) Government Accountability Office estimated that, revenue from AI is projected to account for US$ 25 billion to over US$ 40 billion by 2025, from US$ 5 billion in 2017. Artificial intelligence is majorly used in wearable and connected devices, which are products used in bioacoustics sensing technology.

Bioacoustics sensing is also used for biodiversity monitoring, which is used to determine the state of environment. It has been found that using bioacoustics sensing in biodiversity is non-destructive as it does not cause any harm to any life form on earth while in use.

North America holds the largest share of the global bioacoustics sensing market, owing to high adoption of advanced technologies and artificial intelligence in countries such as the U.S. and Canada.

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Key Players in Bioacoustics Sensing Market

Major players operating in the global bioacoustics sensing market include Matsushita Electric Industrial, Panasonic Corporation, Honeywell, Pacesetter, Samsung Electronics, Medacoustics, Remon Medical Technologies, Avisoft Bioacoustics, MSI Transducers Corporation, Materials Systems Inc., AT&T, and IBM.

Segmentation of Bioacoustics Sensing Market

Bioacoustics sensing market segmented on the basis of software, hardware, application, and region.

• On the Basis of Software

o Sound Analytics
o Video Streaming Software
o Automated Identification
o Audio Editing Tools
o Other Sound Related Software
o Recording Software
o Visual Comparison Software
o Audio Analysis Plugins

• On the Basis on Hardware

o Microphones
o Detectors
o Ultra Sound Recorders
o Sound Recorders
o Instrument Recorder
o Computing Devices
o Other

• On the Basis of Applications

o Wearable Consumer Electronics
o Healthcare

• On the Basis of Region

o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa

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This release was published on openPR.