How big is the Swarm Intelligence Market?

The Swarm Intelligence Market size is expected to reach USD 58.5 million in 2024 and grow at a CAGR of 35.90% to reach USD 271.20 million by 2029. Read More

What is the current Swarm Intelligence Market size?

In 2024, the Swarm Intelligence Market size is expected to reach USD 58.5 million. Read More

Who are the key players in Swarm Intelligence Market?

Unanimous AI, Swarm Technology, Valutico UK Ltd, Hydromea and Kim Technologies are the major companies operating in the Swarm Intelligence Market. Read More

Which is the fastest growing region in Swarm Intelligence Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Swarm Intelligence Market?

In 2024, the North America accounts for the largest market share in Swarm Intelligence Market. Read More

What years does this Swarm Intelligence Market cover, and what was the market size in 2023?

In 2023, the Swarm Intelligence Market size was estimated at USD 37.50 million. The report covers the Swarm Intelligence Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Swarm Intelligence Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Swarm Intelligence Market - Size, Share & Industry Analysis

Swarm Intelligence Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Swarm Intelligence Technology Market Report is Segmented by Type (Ant Colony Optimization, Particle Swarm Optimization, Swarm-Based Network), End-User Industry (Transportation & Logistics, Robotics & Automation, Healthcare), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Swarm Intelligence Industry Overview

The swarm intelligence market is moderately competitive. It consists of a few major players. In terms of market share, some of the players currently dominate the market. However, with the advancement in behavioral intelligence, new players are increasing their market presence, thereby expanding their business footprint through investment, mergers, acquisitions, and collaboration across emerging economies.

July 2023: Swarm, the Internet-of-Things connectivity provider acquired by SpaceX, announced that it would no longer be selling new devices and would continue to support ongoing VHF communications between Earth and space using its SwarmBEEs satellite constellation.
May 2023: Firestorm Labs, the developer of the first completely modular unmanned aerial system (MUAS) to deliver affordable mass to the modern battlefield, formed a partnership with AI autonomy company EpiSci to develop attritable drone swarming solutions.