The swarm intelligence global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Swarm Intelligence Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The swarm intelligence market size has grown exponentially in recent years. It will grow from $X0.04 billion in 2023 to $0.06 billion in 2024 at a compound annual growth rate (CAGR) of 41.5%. The growth in the historic period can be attributed to research and development initiatives, rise of internet of things (iot), military and defense applications, autonomous vehicles and drones, and growth of edge computing.
The swarm intelligence market size is expected to see exponential growth in the next few years. It will grow to $0.23 billion in 2028 at a compound annual growth rate (CAGR) of 40.8%. The growth in the forecast period can be attributed to expansion of IoT ecosystem, smart cities initiatives, distributed energy systems, precision agriculture, and autonomous logistics and supply chain. Major trends in the forecast period include explainable swarm intelligence, swarm robotics in construction, swarms in space exploration, swarm intelligence for environmental monitoring, and swarm learning in education.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/swarm-intelligence-global-market-report
Scope Of Swarm Intelligence Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Swarm Intelligence Market Overview
Market Drivers –
Rising security concerns and cyber threats are expected to propel the growth of the swarm intelligence market going forward. Security concerns and cyber threats refer to potential risks that can adversely impact the security, integrity, or confidentiality of an information system or the information it contains or disrupt digital life in general. Swarm algorithms can analyze massive datasets to identify abnormal patterns, potentially revealing security breaches and cyberattacks in real-time. For instance, in January 2024, according to American Advisors Group, a US-based reverse mortgage company, there were 53.35 million US citizens affected by cybercrime in the first half of 2022. Further, cybercrime is expected to cost UK businesses an average of $5339 (£4200) in 2022. Therefore, rising security concerns and cyber threats are driving the growth of the swarm intelligence market.
Market Trends –
Major companies operating in the Swarm Intelligence market are developing innovative technological products, such as drone swarming capabilities, to increase their profitability in the market. Drone swarming capability refers to the ability of a large group of multiple unmanned aerial vehicles (UAVs) or drones to fly together as a unified and coordinated entity. For instance, in October 2023, Shield AI, a US-based aerospace and defense company, launched V-BAT Teams for intelligent, swarming’ drone capabilities. It allows multiple V-BATs to read and respond to the operational environment, allowing them to autonomously carry out missions in electronically contested environments. It offers warfighters cost-effective, round-the-clock, all-encompassing coverage across wide geographic areas to locate, target, and repair thousands of enemy assets in electronically contested, operational areas. Because of its scalability, the technology can support hundreds or even thousands of aircraft in future deployments, starting with smaller formations.
The swarm intelligence market covered in this report is segmented –
1) By Model: Ant Colony Optimization, Particle Swarm Optimization, Other models
2) By Capability: Optimization, Clustering, Scheduling, Routing
3) By Application: Robotics, Drones, Human Swarming
4) By End-User Industry: Transportation And Logistics, Robotics And Automation, Healthcare, Retail (Digital Ecommerce)
Get an inside scoop of the swarm intelligence market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13939&type=smp
Regional Insights –
North America was the largest region in the swarm Intelligence market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the swarm intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Yaskawa Electric Corporation, Robert Bosch GmbH, ABB Asea Brown Boveri Ltd., Onfleet Inc., Festo Inc., Scalable Robotics Inc., Fritz SchäFer GmbH, Kim Technologies Limited, Swarm Technologies Inc., Swarm Systems Limited, Embodied Inc., GoFreight Inc., Hydromea SA, Valutico UK Ltd., Valutico, Shenzhen Yuejiang Technology Co. Ltd., Enswarm Ltd., EpiSys Science Inc., ConvergentAI Inc., Sentien Robotics Inc., Unanimous A.I. Inc., Swarmbotics AI, Brainalyzed, Power-Blox AG, Kumo Logic Ltd.
Table of Contents
- Executive Summary
- Swarm Intelligence Market Report Structure
- Swarm Intelligence Market Trends And Strategies
- Swarm Intelligence Market – Macro Economic Scenario
- Swarm Intelligence Market Size And Growth
…..
- Swarm Intelligence Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
Read Related Reports:
https://goodprnews.com/wireless-network-test-equipment-market-size/
https://topprnews.com/airline-route-planning-software-market-drivers/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
