Press release
Swarm Computing Market - Positive long-term growth outlook 2017 - 2027
Swarm Computing, as a market is starting to gain power in recent times due to its increasing applications in various sectors.For instance, swarm computing can be used in nanobots to kill the cancer tumour within the human body, supplying its applications in the field of healthcare.
Swarm Computing Market: Drivers and Restraints
Automation provided due to features of swarm computing, such as artificial intelligence & limiting time delays, expedites the growth of swarm computing market. Swarm computing follows a specific algorithm, henceforth, enables improved decision making capabilities and gives enhanced results. This leads to an increased adoption of product in domains such as robotics, where artificial intelligence plays the primary role. This is a major driver for swarm computing market
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Swarm computing is still in its development stage because of lack of knowledge and resources, which hampers its growth and adoption. This acts as the primary restraint for swarm computing market.
Global Swarm Computing Market Trends
The primary application of swarm computing lies in robotics where major players are trying to leverage swarm computing to achieve better performance via artificial intelligence in their bots.
Global Swarm Computing Market Technology Regional Overview
North America and Europe dominates the global swarm computing market due to the innovative technological advancements in the field of artificial intelligence in the respective regions. APAC follows North America & Europe and expects growth in the forecast period, in global swarm computing market.
Global Swarm Computing Key Players
Some of the major swarm computing global players include Swarm Technology, Valutico, Sentien Robotics, LLC. , and AxonAI, Inc.
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