What is Swarm Intelligence Market Scope?
Swarm Intelligence is defined as the branch of Artificial Intelligence, that is widely to model the collective behavior of social swarms in nature namely bird flocks, ant colonies and others. Structural optimization, finding optimal routes, ant colonies and others are some of the major applications of Swarm Intelligence. Growing usage of swarm intelligence for solving big data problems, the rising adoption of swarm-based drones in the military are expected to drive growth of the Swarm Intelligence market over the years to come. The global swarm intelligence market to grow at a CAGR of 45.8% during the period 2018-2025.
The Swarm Intelligence market study is being classified by Type (Ant Colony Optimization (ACO), Particle Swarm Optimization (PSO) and Others), by Application (Robotics, Drones and Human Swarming) and major geographies with country level break-up.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global swarm intelligence market can witness an upsurge in the forecast period Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Swarm Intelligence market throughout the predicted period.
DoBots (Netherlands),, Hydromea (Switzerland),, Sentien Robotics (United States), Unanimous A.I. (United States), AxonAI (United States), Swarm Technology (United States), SSI Schäfer - Fritz Schäfer (Germany),, Valutico (Austria), Enswarm (United Kingdom) and Power-Blox (Switzerland) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Swarm Intelligence market by Type, Application and Region.
On the basis of geography, the market of Swarm Intelligence 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).
In June 2017, the China has launched a swarm of 119 fixed-wing UAVs and it is planning to launch armed drones as a new battle technique. Therefore, it will affect the growth of the market in future. and In 2016, according to the International Federation of Robotics, the annual shipments of multipurpose industrial robots was 190,542 units. In addition, it is anticipated to reach 354,400 units by 2020 with a CAGR of 15% from 2018 - 2020.
Influencing Market Trend
- Technology advancement of Swarm Intelligence
Market Drivers
- Rise in Usage of Swarm Intelligence for Solving Big Data Problems
- Rising Adoption of Swarm-Based Drones (UAVS) in Military
- Need for Swarm Intelligence in Transportation Business
Opportunities
- Integration of Swarm Intelligence Technology with Connected Cars
- Use of Swarm Robotics in Warehouses
- Implementation of Swarm Intelligence in Telecommunications Industry
Restraints
- Reluctance to Accept New Technology by Key Industries
Challenges
- Lack of Skilled Workforce as well as Low Awareness about Swarm Intelligence
Key Target Audience
Manufacturers of Swarm Intelligence, Suppliers of Swarm Intelligence, Wholesalers, Distributors and Retailers of Swarm Intelligence, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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