The Swarm Intelligence Market was valued at US$XX billion in 2017 and is projected to expand at a CAGR of XX.XX% over the forecast period to reach US$XX billion by 2023. Swarm Intelligence is an emerging field of biologically- inspired artificial intelligence based on the behavioral models of social insects such as ants, Bees, Wasps etc. It takes its inspiration from the collective behavior of large numbers of individuals that collaborate with one another and their environment to achieve a common goal. The major factors driving the growth of this market include the increasing usage of swarm intelligence for solving big data problems and rising adoption of swarm based drones in military. It is useful in finding the best/minimum cost solution from a number of feasible solutions, finding the best set of routes for traversing from source to destination and grouping a set of objects together based on their similarities. Considering all these facts, Swarm Intelligence market is expected to show an impressive growth over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the saccharin value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Swarm Intelligence market.
Major industry players profiled as part of the report are Power-Blox, UNANIMOUS A.I., Valutico, Sentien Robotics, LLC., Convergent A.I., DoBots, Redtree Robotics, and AxonAI.
The Swarm Intelligence market has been analyzed through following segments:
By End Industry
Middle East and Africa
Key insights offered
What will be the saccharin market size from 2018 to 2023?
How are the major drivers and restraints affecting the saccharin market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behavior
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.