Artificial Intelligence
Global Bioacoustics Sensing Market is Expected to Reach USD 8.7 Billion by 2025 : Fior Markets
Newark, NJ, Jan. 31, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global bioacoustics sensing market is expected to grow from USD 5.6 Billion in 2017 to USD 8.7 Billion by 2025 at a CAGR of 5.6% during the forecast period 2018-2025.
Increasing acceptance of artificial intelligence, consumer electronics devices with improved features and better customer experience, which is done by combining bioacoustics sensing systems with artificial intelligence (AI) technology are the factors that are driving the bioacoustics sensing market. Due to its flexible and lightweight structure, it is preferred over integrated or discrete sensors.
Bioacoustics is a branch of science which deals with the combination of biology and acoustics. It is related to the production, control, transmission, and effects of sound on animals as well as humans. In other words, it is considered as an amalgamation of biology and acoustics to produce an innovative sensing platform. This technology record and analyze ultrasound and vibration by directing digital technology comprising of equipment and software. It helps to understand the properties of sounds produced by animals and the environment in which they are used. This technology helps to examine various ultrasound and vibration by using digital technology, which consists of equipment and software. Bioacoustics sensing helps to find, identify animals and their condition and is used in humans for medical applications, such as measuring body sounds on skin surface. It is also used in consumer wearable device like mobile phones, laptops, and electrical appliances. Technological advancement and miniaturization of tools have expanded the field of bioacoustics, as they use bioacoustics sensors to improve sensitivity and better operational efficiency. The prime applications of bioacoustics sensing also includes ecological and agricultural by identifying the species as early as possible so that the parasites can be detected fast to protect the crops.
Increasing acceptance of artificial intelligence is a major factor driving the growth of the market. The bioacoustics sensing system is integrated with Artificial Intelligence (AI) technology in consumer electronics devices to provide better features and better customer experience. In addition, due to its flexible and lightweight structure, it is preferred over integrated or discrete sensors. Few manufacturers produce the bioacoustics sensing technology as it incurs a high cost which in turn may lead to hampering in the growth of the market. However, the integration of chemical vapor deposition (CVD) and atomic layer deposition (ALD) by manufacturers is expected to boost up the market in the coming years.
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Key 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, Panasonic Corporation, IBM Corporation, Pacesetter, Inc., Med-Acoustics, Inc., Remon, MSI Transducers Corporation and others. Top players of the market are making efforts in R&D to increase their footprint in the market.
- Extensive product portfolio and expansion strategies by major players are contributing for the growth of the sector. For instance, in 2018, RVINE, Calif.–(BUSINESS WIRE)–Masimo (NASDAQ: MASI) announced FDA clearance of RAS-45, an acoustic respiration sensor for rainbow Acoustic Monitoring (RAM), for infant and neonatal patients.
- Various regions like U.S, Germany, U.K, China and Japan are tapping greater opportunities and major leaders are continuously focusing their attention on new product developments and venture capital investments to capture a large market share. For instance, Honeywell offers more than 50000 products ranging from snap action, limit, toggle and pressure switches to position, speed and airflow sensors that meet any industry’s requirements
Ultra sound recorders segment is dominating the market with the share of 26.40% in 2017
The hardware segment is classified into microphones, detectors, ultra sound recorders, sound recorders, instrument recorders, computing devices and others. The ultra sound recorders segment is dominating the bioacoustics sensing market in 2017 as these bioacoustics helps to record various sound from the environments and helps to understand various properties by using higher frequency of equipment
Sound analytics segment valued around USD 1.27 Billion in 2017
Software segment includes sound analytics, video streaming software, automated identification, audio editing tools, other sound related software, recording software, visual comparison software and audio analysis plugins. Sound analytics is dominating the market in 2017 as it helps to comprehend the analytics of bioacoustics sensing.
Healthcare segment is growing with the highest CAGR of 8.9% in the forecast period
Application segment is divided into segments such as wearable consumer electronics and healthcare. Healthcare segment is growing with the highest CAGR in the forecast period. The bioacoustics sensing technology is increasingly used in the healthcare sector as it helps in various functions such as improving human comfort, convenience, and security as well as monitoring health conditions. Bioacoustics sensors are used for constant examination and monitoring of blood pressure, respiratory system, and stamina.
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Regional Segment Analysis of the Bioacoustics Sensing Market
- North America (U.S. , Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of the Europe)
- Asia-Pacific (China, Japan India, Rest of APAC)
- South America (Brazil and Rest of South America)
- Middle East and Africa (UAE, South Africa, Rest of MEA)
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global bioacoustics sensing market with USD 1.98 Billion in 2017 where as the Europe region is growing rapidly in the market. The North America region is adopting this technology and are investing significant resources on R&D and are combining bioacoustics sensing with other applications. Europe market has observed rapid development of skin put technology leading to increase adoption of bioacoustics sensing.
About the report:
The global bioacoustics sensing market is analysed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.
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Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others. Our Strategic Intelligence capabilities are purposely planned to boost your business extension and elucidate the vigor of diverse industry. We hold distinguished units of highly expert analysts and consultants according to their respective domains. The global market research reports we provide involve both qualitative and quantitative analysis of current market scenario as per the geographical regions segregated and comprehensive performance in different regions with global approach. In addition, our syndicated research reports offer a packaged guide to keep companies abreast of the upcoming major restyle in their domains. Fior Markets facilitates clients with research analysis that are customized to their exact requirements, specifications and challenges, whether it is comprehensive desk research, survey work, composition of multiple methods, in-detailed interviewing or competitive intelligence. Our research experts are experienced in matching the exact personnel and methodology to your business need.
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Artificial Intelligence
Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat
AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.
The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected]
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Artificial Intelligence
GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions
PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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Artificial Intelligence
Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner
ZUG, Switzerland and MUNICH, April 30, 2024 /PRNewswire/ — With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.
About Dwinity
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three components of Dwinity are:
Data control: Decentralized data spaces for decentralized data storage which provides true data sovereignty and enables users to decide with whom data is shared.Data Gold: Decentralized AI tools for each data space have the capability to unlock the full potential of data via sophisticated analysis.Data Cash: A fair marketplace with automated data value analysis, allowing for tangible income for data owners at lower costs and completely anonymous.Dwinity is presently closing its initial seed round at USD 3 MN – funds which will be used for the development of the initial prototypes to hit the market already in 2024.
About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
“This is a major step on our way to building the leading ecosystem for sensitive data together with one of the top players in the market for the handling of such valuable data. We are looking forward to the cooperation which will add significant trust and competence to both initiatives”, said Peter Koenig, CEO of Dwinity.
Picture is available at AP
Contact for this publication: Christian Mangold [email protected]
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