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Swarm Intelligence Market by Model, Capability, Application And Geography - Global Forecast to 2030

Swarm Intelligence Market: Global Forecast until 2030

  • November 2017
  • 84 pages
  • ID: 5220268
In this report:
In 2020, APAC is expected to lead the overall swarm intelligence market, accounting for the largest share of ##.##%, followed by North America with a share of ##.##%.
Among these applications, robotics is expected to account for the largest share of ##.##% of the overall swarm intelligence market by 2020.

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Swarm intelligence market forecasted to grow at significant rate between 2020 and 2030

The swarm intelligence market is anticipated to be valued at $447.20M by 2030, increasing at a compound annual growth rate (CAGR) of ~40.5 percent from 2020 to 2030, considering the technology will get commercialized by 2020. The main key factors driving the increase of the swarm intelligence market are the growing usage of swarm intelligence for solving big data problems, the growing adoption of swarm-based drones in the military, and need for swarm intelligence in the transportation business. Nevertheless, the main factor restraining the increase of this market is the reluctance to accept new technology

Robotics anticipated to account for most important share of swarm intelligence market by 2020

Swarm robotics is the market research of how a important portion 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 offer the robot swarm with scalability in terms of the number of robots and the number of targets, and with adaptability to a nonuniform distribution of the target qualities. This factor would help in the increase of the swarm intelligence market in the next years

Asia-Pacific anticipated to account for biggest share of swarm intelligence market by 2020

Asia-Pac is forecasted to account for a substantial share of the overall swarm intelligence market. Asia-Pacific comprises China (CN), Japan (JP), and South Korea (KR); China (CN) is considered one of the main contributors. The swarm intelligence market rise in Asia-Pac is assigned to the increased adoption of swarm-based drones in the military. In June 2017, China (CN) 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 increase of the swarm intelligence market in this area.

The breakup of the profiles of primary members taking part for the study has been provided below:

• By Company category: Tier 1 - 20.0 percent, Tier 2 - 55.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite executives - 50.0 percent, Directors - 25.0 percent, and Others- 25.0 percent

• By Area: North America continent - 40.0 percent, EU - 30.0 percent, Asia-Pacific - 20.0 percent, and rest of the world - 10.0 percent

The top players operating in the swarm intelligence market are DoBots, Hydromea, Sentien Robotics, Unanimous A.I., AxonAI, Swarm Technology, SSI Schäfer - Fritz Schäfer, Valutico, Enswarm, and Power-Blox.

Segment Research

The research report on the swarm intelligence market contains the market split on the basis of the following segments: model, capability, application, and territory. The market has been split on the basis of model into Ant Colony Optimization, Particle Swarm Optimization, and others. On the basis of application type, the swarm intelligence market has been categorized into robotics, drones, and human swarming. The market has been split on the basis of capability into clustering, optimization, scheduling, and routing. The analysis includes the industry established on 4 main regions-North America, Europe (EU), Asia-Pac, and RoW.

Main highlights

Figures of segmentation, review, and estimate for the sector established on model, capability, application, and area have been conducted to provide an global view of the swarm intelligence market.

The main drivers, market restraints, alternatives, and opportunities for the swarm intelligence market have been precised in this industry report.

A in-depth competitive landscape of main actors in the swarm intelligence market has been included in the market research.

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