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Swarm intelligence market global review to 2030 published by leading research firm

IT Market Research

Swarm Intelligence Market Global Research Report 2017 of 82 pages explores Global Swarm Intelligence Market reaching $ 447.2 million by 2030. Report provides Swarm Intelligence Market Size, Share, Manufacturers, Statistics, and Opportunities Forecast to 2030. The global Swarm Intelligence market is estimated to grow at a CAGR of 40.47% between 2017 and 2030.

Swarm intelligence is the discipline that deals with natural and artificial systems composed of many individuals that coordinate using decentralized control and self-organization.

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Global Swarm Intelligence Market Analysis:

Swarm Intelligence Companies Analyzed: DoBots (Netherlands), Hydromea (Switzerland), Sentien Robotics (US), Unanimous A.I. (US), AxonAI (US), Swarm Technology (US), SSI Schäfer - Fritz Schäfer (Germany), Valutico (Austria), Enswarm (UK), and Power-Blox (Switzerland).

Report provides comprehensive information on Swarm Intelligence Market by – Model, Capability (Clustering, Routing, Scheduling, and Optimization), Application (Robotics, Drones, and Human Swarming), and Geography.

The key factors driving the growth of the swarm intelligence market are the increasing usage of swarm intelligence for solving big data problems, the rising adoption of swarm-based drones in the military, and need for swarm intelligence in the transportation business. However, the major factor restraining the growth of this market is the reluctance to accept new technology.

“Robotics expected to account for largest share of swarm intelligence market by 2020”

Swarm robotics is the study of how a large number of relatively simple physically embodied agents can be designed such that a desired collective behavior emerges from the local interactions among agents and between agents and the environment. Robots in a swarm can be used to find the target in such a way that the final distribution is proportional to the target qualities.

Some algorithms provide the robot swarm with scalability in terms of the number of robots and the number of targets, and with adaptability to a no uniform distribution of the target qualities. This factor would help in the growth of the swarm intelligence market in the coming years.

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“APAC expected to account for largest share of swarm intelligence market by 2020”

APAC is expected to account for a substantial share of the global swarm intelligence market. APAC comprises China, Japan, and South Korea; China is considered one of the major contributors.

The swarm intelligence market growth in APAC is attributed to the increased adoption of swarm-based drones in the military. In June 2017, China launched a swarm of 119 fixed-wing UAVs; the Chinese military is also planning to launch “armed drones” as a new battle technique.

This would drive the growth of the swarm intelligence market in this region.

The research report on the swarm intelligence market covers the market segmented on the basis of the following segments: model, capability, application, and geography. The market has been segmented on the basis of model into Ant Colony Optimization, Particle Swarm Optimization, and others.

On the basis of application, the swarm intelligence market has been classified into robotics, drones, and human swarming. The market has been segmented on the basis of capability into clustering, optimization, scheduling, and routing.

The report covers the market based on4 major regions—North America, Europe, APAC, and RoW.

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Research Coverage: The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

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