Worldwide Demand for Location Intelligence Solutions Is Extrapolated to Surge at 15.3% CAGR by 2033

Location Intelligence Market

Key Takeaways

– The global swarm intelligence market is valued at US$ 15 million in 2023. – North America held 45.2% share of the global market in 2022. – The drone segment is expected to witness massive growth during the study period.

Key Companies

– Tibco Software Inc. – ESRI – MDA Corporation – Trueposition Inc. – Bosch Software Innovations GmbH – Qualcomm Technologies Inc. – Wireless Logic – HERE Technologie – Trimble Inc. – Supermap Software Co. Ltd.

Analyst View

“Rise in the use of swarm intelligence for addressing big data issues, escalating demand in the transportation & logistics industry, and increasing acceptance of automated devices such as robots, drones, and automation technologies are all major factors driving the demand for swarm intelligence,” says a Fact.MR analyst.

Explore Fact.MR’s Domain Coverage On Technology