Christy Publications Bioacoustics Sensing Market | Page 3

funded by the JST (Japan Standard Time) Program for Community Science Centers and School Cooperative Development, uses ABI technology for the promotion of scientific understanding and environmental concern among children. Browse more about the research report @ https://www.coherentmarketinsights.com/ongoing-insight/bioacoustics-sensing-market-1886 However, few providers of bioacoustics sensing software and hardware causes slowdown in growth of the market. Although it is an emerging field, lack of knowledge and skilled resources has led to minimalistic adoption of this technology across numerous industries. High cost of production also inhibits the growth of this market. Lack of skilled workers and experts for detecting and analyzing sound waves that are used in bioacoustics sensing, companies avoid adopting such sensors, in turn, hindering growth of the bioacoustics sensing market. Regional Insight for bioacoustics sensing market On the basis of geography, the global dehumidifier market size is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. 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. According to report by weforum (World Economic Forum), global income from AI is expected to grow to over US$ 47 billion in 2020, from around US$ 8 billion in 2016. Europe is considered as the second- largest market after North America due to growing adoption of wearable technology and advanced technologies such as bioacoustics sensing in the region. 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.