Global Swarm Intelligence Market to Reach $405.1 Million by 2030
The global market for Swarm Intelligence estimated at US$40 Million in the year 2023, is expected to reach US$405.1 Million by 2030, growing at a CAGR of 39.2% over the analysis period 2023-2030. Optimization Capability, one of the segments analyzed in the report, is expected to record a 40% CAGR and reach US$146 Million by the end of the analysis period. Growth in the Clustering Capability segment is estimated at 37.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $12.5 Million, While China is Forecast to Grow at 37.2% CAGR
The Swarm Intelligence market in the U.S. is estimated at US$12.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$64.6 Million by the year 2030 trailing a CAGR of 37.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.5% and 33.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 27.2% CAGR.
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