Swarm Intelligence Market

Swarm Intelligence Market - Global Industry Insights, Trends,
Outlook, Opportunity Analysis, 2018-2025
North America Swarm intelligence market is estimated to hold dominant position
in 2018
On the basis of geography, the global swarm intelligence market is segmented into
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia
Pacific is estimated to hold dominant position in the market in 2017 and is expected to
retain its dominance throughout the forecast period. India, China, and Japan are some
of the major economies driving the growth of swarm intelligence market in this
region. Increasing adoption of robotics in Asia Pacific region is one of the major
factor driving growth of the swarm intelligence market. For instance, according to
International Federation of Robotics, in 2016, annual shipments of multipurpose
industrial robots was 190,542 units and is projected to reach 354,400 units by 2020
with a CAGR of 15% from 2018 - 2020.
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Swarm Intelligence is a new branch of Artificial Intelligence, which is used to model
the collective behavior of social swarms in nature, such as honey bees, bird flocks, and
ant colonies. Swarm Intelligence has applications in various domains such as image &
data analysis, structural optimization, finding optimal routes, and function
optimization. The computational modeling of swarm intelligence is applied in various
technologies such as bioinformatics, medical informatics, and machine learning.
Increasing demand for big data analytics is one of the major driver for the growth of
swarm intelligence market worldwide. Increasing demand for insights from structured
and unstructured data related to market trend, customer expectation, and product
description have propelled demand for big data analytics. According to Coherent
Market Insights, total digital data is projected to reach around 180 zettabytes by 2025,
worldwide. The big data analytics is classified into four components: multi-objective
optimization, handling dynamical data, handling high dimensional data, and handling
large amount of data. With the help of swarm intelligence effective methods can be
designed, which can be utilized to solve big data analytics problems.
The Unmanned Aerial Vehicle (UAV) is projected to witness highest CAGR over the
forecast period. The swarm intelligence have a realistic and practical method for
completing the required mission of finding and attacking a target. According to
Coherent Market Insights, in 2017, around 174.1 thousand units of commercial drones
were sold worldwide. Moreover, increasing adoption of drones by military for
surveillance and reconnaissance have accelerated the growth of swarm intelligence
market.
Furthermore, the robotics segment held the dominant position in the swarm
intelligence market in 2017 and is projected to retain its dominance throughout the
forecast period. Increasing adoption of swarm robots for various application such as
disaster rescue missions, surveillance and environment monitoring, and military have
boosted the growth of robotics segment in swarm intelligence market.
Key Players - Global Swarm intelligence Market
Key players operating in the global swarm intelligence market include Axonai,
Brainalyzed, Dobots, Enswarm, Hydromea SA, Mobileye, Netbeez, Power-Blox,
Queen B Robotics, Resson Aerospace, Sentien Robotics, Swarm Systems, Swarm
Technology, and Unanimous A.I., Valutico
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Swarm Intelligence Market report categorizes the global market by Model (Ant Colony Optimization (ACO), Particle Swarm Optimization (PSO), and Others), By Application (Robotics, UAV, and Human Swarming), and by Geography

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