Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Friday, November 10, 2023

Global Swarm Intelligence Market is Anticipated to Grow at a CAGR of 40% during 2024 to 2030

The future of the global swarm intelligence market looks promising with opportunities in the application-robotics, drones, and human swarming markets. The global swarm intelligence market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 40% from 2024 to 2030. The major drivers for this market are growing usage of swarm-based drones in the military sector, high adaption for solving big data issues, and rise in demand for effective and innovative solutions.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the swarm intelligence market by capability (optimization, clustering, scheduling, and routing), application (robotics, drone, and human swarming), model (ant colony optimization, particle swarm optimization, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, optimization, clustering, scheduling, and routing are the major segments of swarm intelligence market by capability. Lucintel forecasts that optimization is expected to witness highest growth over the forecast period due to growing implementation of this algorithm in real-time applications for catering optimal solutions.Within this market, robotics will remain the largest segment due to high adaption in industries such as agriculture and automotive.

APAC is expected to witness highest growth over the forecast period due to the growth of UAV in the region.

Dobots, Hydromea, Sentien Robotics, Swarm Technology, Enswarm, Valutico, and Power-Blox are the major suppliers in the swarm intelligence market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Explore Our Latest Publications

Stand-Up Paddle Board Market

Electric Toothbrush Market

Lighting-as-a-Service Market

Printed Sensor Market

Gamitification Market

Geotechnical Instrumentation and Monitoring Market

No comments:

Post a Comment