Europe Swarm Intelligence Market Size & Outlook, 2023-2030

The swarm intelligence market in Europe is expected to reach a projected revenue of US$ 66.4 million by 2030. A compound annual growth rate of 37.1% is expected of Europe swarm intelligence market from 2024 to 2030.
Revenue, 2023 (US$M)
$7.3
Forecast, 2030 (US$M)
$66.4
CAGR, 2024 - 2030
37.1%
Report Coverage
Europe

Europe swarm intelligence market highlights

  • The Europe swarm intelligence market generated a revenue of USD 7.3 million in 2023.
  • The market is expected to grow at a CAGR of 37.1% from 2024 to 2030.
  • In terms of segment, ant colony optimization was the largest revenue generating model in 2023.
  • Particle Swarm Optimization is the most lucrative model segment registering the fastest growth during the forecast period.
  • Country-wise, Netherlands is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 7.3 million
Market revenue in 2030USD 66.4 million
Growth rate37.1% (CAGR from 2023 to 2030)
Largest segmentAnt colony optimization
Fastest growing segmentParticle Swarm Optimization
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnt Colony Optimization, Particle Swarm Optimization
Key market players worldwideMobileye Global Inc Ordinary Shares - Class A, Continental AG, Axon Enterprise Inc, SSI Schaefer Systems International North America, Bosch, Swarm Technology, Valutico, APIUM, Kim Technologies, Hydromea, Sentien Robotics, Enswarm


Other key industry trends

  • In terms of revenue, Europe region accounted for 20.8% of the global swarm intelligence market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 100.6 million by 2030.

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Swarm Intelligence Market Companies

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Europe swarm intelligence market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to swarm intelligence market will help companies and investors design strategic landscapes.


Ant colony optimization was the largest segment with a revenue share of 45.21% in 2023. Horizon Databook has segmented the Europe swarm intelligence market based on ant colony optimization, particle swarm optimization covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe swarm intelligence market , including forecasts for subscribers. This continent databook contains high-level insights into Europe swarm intelligence market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe swarm intelligence market outlook size, by country, 2018-2030 (US$M)

Europe Swarm Intelligence Market Outlook Share, 2023 & 2030 (US$M)

Europe swarm intelligence market outlook size, by country, 2018-2030 (US$M)

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