About Swarm Computing
Swarm computing is the collective behaviour of natural and artificial decentralised systems. It is basically works on artificial intelligence. The Swarm computing was introduced in 1989, in the context of cellular robotic systems. It focuses on forecasting and amplifying human intelligence to take collective decisions. Recent developments in AI, machine learning, IoT has created multiple growth opportunities for market to use in number of end use industries.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market of swarm computing is expected to grow with rising demand especially from military and defence. However, the market is still in early development stage. Thus, the market is highly consolidated with the presence of limited market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DoBots (Netherlands), Redtree Robotics (Canada), AxonAI (United States), Hydromea (Switzerland), Sentien Robotics (United States) and Valutico (Austria) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Swarm Computing market by Type (Stochastic Diffusion Search, Ant Colony Optimization and Particle Swarm Optimization), Application (Robotics, Drones, Military & Defence and Others) and Region.
On the basis of geography, the market of Swarm Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Optimization will boost the Swarm Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Artificial Intelligence in Defence and Military
Market Growth Drivers:
Rising Adoptions for Automations with Various Types Models and Growing Demand for Different Types of Algorithms in Robotics and Drones
Challenges:
Lack of Knowledge and Resources in Emerging Countries
Opportunities:
Rising Technological Advancements with Machines Learning has Created Growth Opportunities
Key Target Audience
Swarm Computing Providers, Component Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.