Middle East & Africa Swarm Intelligence Market Size & Outlook
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MEA swarm intelligence market highlights
- The MEA swarm intelligence market generated a revenue of USD 2.0 million in 2023.
- The market is expected to grow at a CAGR of 33.4% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2.0 million |
| Market revenue in 2030 | USD 15.0 million |
| Growth rate | 33.4% (CAGR from 2023 to 2030) |
| Largest segment | Ant colony optimization |
| Fastest growing segment | Particle Swarm Optimization |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ant Colony Optimization, Particle Swarm Optimization |
| Key market players worldwide | Mobileye 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, MEA region accounted for 5.7% 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 Scope
Swarm Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Enswarm | View profile | 1-10 | London, England, United Kingdom, Europe | https://enswarm.com/ |
| Sentien Robotics | View profile | 1-10 | Arlington, Virginia, United States, North America | http://sentienrobotics.com |
| Hydromea | View profile | 11-50 | Renens, Vaud, Switzerland, Europe | http://hydromea.com/ |
| Kim Technologies | View profile | 11-50 | Bridgewater, New Jersey, United States, North America | http://ask.kim/ |
| APIUM | View profile | 1-10 | Glendale, California, United States, North America | https://apium.com/ |
| Valutico | View profile | 51-100 | Vienna, Wien, Austria, Europe | https://www.valutico.com |
| Swarm Technology | View profile | 1-10 | Mesa, Arizona, United States, North America | https://www.swarmtechnology.us/ |
| Axon Enterprise Inc | View profile | 4260 | 17800 North 85th Street, Scottsdale, AZ, United States, 85255 | https://investor.axon.com |
| Mobileye Global Inc Ordinary Shares - Class A | View profile | 3700 | c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, Israel, 9777513 | https://www.mobileye.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| SSI Schaefer Systems International North America | View profile | 10001+ | Thane, Maharashtra, India, Asia | http://ssi-schaefer.us |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
Middle East & Africa 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% in 2023. Horizon Databook has segmented the Middle East & Africa 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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Our clientele includes a mix of swarm intelligence market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa swarm intelligence market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa swarm intelligence market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA swarm intelligence market outlook size, by country, 2018-2030 (US$M)
Middle East & Africa Swarm Intelligence Market Outlook Share, 2023 & 2030 (US$M)
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