Global Quantum Computing Market Overview

 Quantum Computing Market was estimated at USD 134.72 million in 2021, and is projected to reach USD 496.98 million by 2028, growing at a CAGR of 20.5%.

Quantum computing is a research field focused on the development of computational technology that focuses on the principles of quantum theory. Quantum theory describes the properties and behavior of energy and matter at the quantum level (atoms and subatomic). Quantum computing uses a combination of bits to perform a specific computing task. And all of this is much more efficient than its traditional counterparts. The development of quantum computers is demonstrating a breakthrough in computing power by significantly improving the performance of certain applications. For example, quantum computing is characterized by similar simulations. The quantum computer market will evolve from research-based use cases to commercial use cases as technology gains a quantum advantage over the next four years. When that happens, the development will progress rapidly, and companies capable of leveraging quantum computing will soon enjoy the rewards of their initial investment. Quantum computing impacts several aspects of the IT environment, from power consumption to data generation to traditional computing integration. The rapid effects of quantum computing will be an important factor in determining who will win and who will lose in this technological change. Early quantum computing is cloud-centric, but various vendors will benefit financially and hence boosting the growth of the quantum computing market globally.

COVID-19 Impact on Quantum Computing Market

The COVID19 pandemic, the current crisis, opens up great potential for quantum computing applications. These applications are useful in complex situations such as B. Zoonotic disease epidemics and pandemics. Quantum computing is expected to revolutionize quantum chemistry because it provides high performance and high speed. You can perform important calculations at exponential speeds to improve optimization. Quantum computing has the potential to further shorten drug discovery and development schedules in the future. Therefore, the market is showing significant growth.

Market Dynamics And Factors For Quantum Computing Market

Drivers:

Quantum computing is gaining importance in the banking and financial services industry, which focuses on accelerating trading activities, trading, and computing equipment. One of the most important possible applications of quantum computing is simulation. Quantum computing helps identify improved and efficient ways to manage financial risk. Using traditional computers in financial institutions can dramatically increase processing time and the cost of high-quality solutions, but quantum computers can perform high-speed operations at optimized costs, resulting in cost savings and revenue. It brings new opportunities for creation. Rise in investments in quantum computing technology.

Various government agencies involved in the world's space and defense sectors are increasingly investing in the development of quantum computing technology to enable quantum computers to implement various optimization and simulation strategies. Governments in different countries around the world are investing heavily to support research institutes in the development of quantum computing technology. China has invested heavily in research and development related to quantum computer technology. Governments in the United States and Australia, as well as countries in the European Union, are promoting quantum computing initiatives. In August 2017, the Commonwealth Bank (CBA) partnered with telecommunications companies Telstra, the Federal Government, the Government of New South Wales, and the University Of New South Wales (UNSW) to achieve the first quantum in a USD 83 million project.

Restraints:

Traditional computers are programmed using bits as data units. Quantum computers use so-called qubits, which can simultaneously represent combinations of zeros and ones, based on a principle called superposition. Quantum computers use physical qubits, which are error-prone. It is estimated that 1,000 physical qubits are required to make a single logical qubit error-free, which is a goal yet to be realized. Till 2020, devices with up to 5,000 physical qubits had been developed. However, a commercially useful quantum computer is expected to be a 200 logical qubit machine with 200,000 physical qubits. Commercializing quantum computers is a complex task. To date, it is not possible to maintain the quantum mechanical state of qubits for a long period as they are delicate and can get easily disrupted by changes in environmental temperature, noise, and frequency. Moreover, several blockchain-based technologies rely on the elliptic curve digital signature algorithm (ECDSA), which is not quantum-safe at present.

Opportunities:

Several government agencies involved in the global defense and space sector are gradually investing in quantum computing technology to enable various simulation and optimization strategies to be applied to quantum computing. Governments in many countries around the world are investing heavily to support research institutes in the expansion of quantum computing technology. In 2020 the Russian government announced an investment of USD 790 million in the development of practical quantum computing technology. The government plans to establish a new National Quantum Institute to incorporate international best practices and resources from research institutes, universities, technology starters, and companies.

Data analytics is one of the fastest emerging sectors of having the massive opportunity for integration of quantum computing in the sector. Quantum mechanics and quantum computing help solve large-scale problems in various industries which have a large amount of data. Topology analysis describes calculations that geometry behaves in a particular way and is simply not possible with today's traditional computers due to the datasets used. In quantum computing, this can be reduced to a relatively simple calculation.  NASA is using quantum computers to analyze the vast amount of data collected about space and research better and safer ways to travel in space.

Market Segmentation

Segmentation Analysis of Quantum Computing Market:

By Type, Service is the dominating segment in the Quantum Computing Market during the forecasted period. The growth of this service segment is due to the growing number of startups around the world investing in R & D activities related to quantum computing technology. Used in optimization, simulation, and machine learning applications, this technology provides optimal usage costs and highly efficient processes in a variety of end-user industries. Quantum Computing as a Service is the leading service-based application in the quantum computing market.

By Deployment, Cloud-based deployment is dominating the segment in Quantum Computing Market. With the development of high-performance systems, the demand for cloud-based provision of quantum computing systems and services is expected to increase. This is expected to be an important source of revenue for service providers as users pay to access a noisy midscale quantum system (NISQ) that can solve real problems. The limited lifespan of rapidly advancing quantum computer systems also benefits cloud service providers. The flexibility of access provided to users is another factor driving the adoption of cloud-based delivery of quantum computing systems and services. Quantum computers are unlikely to be portable shortly. The cloud allows users to access a variety of devices and simulators from their laptops.

By Application, Machine Learning is expected to be dominating segment in Quantum Computing Market. Quantum machine learning involves integrating quantum algorithms into machine learning programs. Complex models make it very difficult to systematically sort a large number of variables. Therefore, users can choose quantum computing technology to solve this complexity accurately and quickly. For example, the Monte Carlo method uses sampling techniques to estimate numbers from large datasets. Quantum algorithms can be used to speed up solution execution, and algorithms can be used to speed up Monte Carlo implementations and reduce computational time.

By Industry Use, Healthcare and Pharmaceuticals are expected to be dominating segments in Quantum Computing Market. Governments in various countries are increasing their spending on health and medicine to address this issue. Companies in this industry are focused on adopting new technologies such as quantum computers. Quantum computing technology enables scientists to develop ultra-precision, ultra-personalized medical and diagnostic tools. In addition, quantum sensors can be used in magnetic resonance tomography (MRT) for ultra-precision measurements.

Regional Analysis of Quantum Computing Market:

The APAC region is the premier hub for multiple industries such as healthcare and pharmaceuticals, banking and finance, and chemicals. Countries such as China, Japan, and South Korea are major manufacturers of home appliances such as smartphones, laptops, and game consoles in APAC. These industries need to deal with the complexity of optimization, simulation, and machine learning applications. The large-scale development of emerging markets in the APAC region and the increased use of advanced technology in the manufacturing industry are contributing to the development of SMEs in the region. This is driving the demand for APAC's quantum computing services and systems.

The European region has seen accelerating growth in the research and development of the quantum computing sector. Partnerships with other quantum computing providers and regional expansion are part of the strategy chosen by key players to drive sales growth. Germany is recognized as a primary market and high demand for quantum computing may continue in the coming years.

North America is the hub of the development of quantum computing technology with companies like Google, IBM, Microsoft, and other blue ocean companies which are investing massive funding and technology to the growth of the technology.

Players Covered in Quantum Computing Market are:

  • International Business Machines (US)
  • D-Wave Systems (Canada)
  • Microsoft (US)
  • Amazon (US)
  • Rigetti Computing (US)
  • Google (US) and other major players.

Key Industry Developments In Quantum Computing Market

  • In January 2020, IBM entered into a partnership with Mercedes-Benz's parent company, Daimler AG, to improve the battery capacity and charging speed of electric vehicles. These companies have used quantum computers to model the dipole moments of three lithium-containing molecules, paving the way for the development of next-generation lithium-sulfur (LiS) batteries that are stronger, last longer, and are cheaper than lithium.-Ion batteries.
  • In November 2019, IBM partnered with the Unitary Fund to provide grants and priority access to specific IBM Q systems. Similar to IBM's quantum computing mission, the Unitary Fund aims to create a quantum technology industry that benefits most people.

Global Quantum Computing Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 134.72 Mn.

Forecast Period 2022-28 CAGR:

20.5 %

Market Size in 2028:

USD 496.98 Mn.

Segments Covered:

By Type

  • Systems
  • Services

By Deployment

  • On-Premises
  • Cloud-Based

By Application

  • Optimization
  • Simulation
  • Machine Learning
  • Others

By End Use Industry

  • Banking & Finance
  • Space & Defense
  • Healthcare & Pharmaceuticals
  • Transportation & Logistics
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • It helps in identifying efficient ways to manage financial risk

Key Market Restraints:

  • Difficult to maintain the quantum mechanical state of qubits for a long period

Key Opportunities:

  • Rise in the private and government investments in quantum computing technology

Companies Covered in the report:

  • Microsoft, IBM, Google, Amazon, D-Wave Systems, Rigetti Computing, and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Deployment
 3.3 By Application
 3.4 By End Use Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Quantum Computing Market by Type
 5.1 Quantum Computing Market Overview Snapshot and Growth Engine
 5.2 Quantum Computing Market Overview
 5.3 Systems
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Systems: Grographic Segmentation
 5.4 Services
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Services: Grographic Segmentation

Chapter 6: Quantum Computing Market by Deployment
 6.1 Quantum Computing Market Overview Snapshot and Growth Engine
 6.2 Quantum Computing Market Overview
 6.3 On-Premises
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 On-Premises: Grographic Segmentation
 6.4 Cloud-Based
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cloud-Based: Grographic Segmentation

Chapter 7: Quantum Computing Market by Application
 7.1 Quantum Computing Market Overview Snapshot and Growth Engine
 7.2 Quantum Computing Market Overview
 7.3 Optimization
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Optimization: Grographic Segmentation
 7.4 Simulation
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Simulation: Grographic Segmentation
 7.5 Machine Learning
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Machine Learning: Grographic Segmentation
 7.6 Others
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Others: Grographic Segmentation

Chapter 8: Quantum Computing Market by End Use Industry
 8.1 Quantum Computing Market Overview Snapshot and Growth Engine
 8.2 Quantum Computing Market Overview
 8.3 Banking & Finance
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Banking & Finance: Grographic Segmentation
 8.4 Space & Defense
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Space & Defense: Grographic Segmentation
 8.5 Healthcare & Pharmaceuticals
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Healthcare & Pharmaceuticals: Grographic Segmentation
 8.6 Transportation & Logistics
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Transportation & Logistics: Grographic Segmentation
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Quantum Computing Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Quantum Computing Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Quantum Computing Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 INTERNATIONAL BUSINESS MACHINES
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 D-WAVE SYSTEMS
 9.4 MICROSOFT
 9.5 AMAZON
 9.6 RIGETTI COMPUTING
 9.7 GOOGLE
 9.8 OTHER MAJOR PLAYERS

Chapter 10: Global Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Systems
  10.2.2 Services
 10.3 Historic and Forecasted Market Size By Deployment
  10.3.1 On-Premises
  10.3.2 Cloud-Based
 10.4 Historic and Forecasted Market Size By Application
  10.4.1 Optimization
  10.4.2 Simulation
  10.4.3 Machine Learning
  10.4.4 Others
 10.5 Historic and Forecasted Market Size By End Use Industry
  10.5.1 Banking & Finance
  10.5.2 Space & Defense
  10.5.3 Healthcare & Pharmaceuticals
  10.5.4 Transportation & Logistics
  10.5.5 Others

Chapter 11: North America Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Systems
  11.4.2 Services
 11.5 Historic and Forecasted Market Size By Deployment
  11.5.1 On-Premises
  11.5.2 Cloud-Based
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Optimization
  11.6.2 Simulation
  11.6.3 Machine Learning
  11.6.4 Others
 11.7 Historic and Forecasted Market Size By End Use Industry
  11.7.1 Banking & Finance
  11.7.2 Space & Defense
  11.7.3 Healthcare & Pharmaceuticals
  11.7.4 Transportation & Logistics
  11.7.5 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Systems
  12.4.2 Services
 12.5 Historic and Forecasted Market Size By Deployment
  12.5.1 On-Premises
  12.5.2 Cloud-Based
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Optimization
  12.6.2 Simulation
  12.6.3 Machine Learning
  12.6.4 Others
 12.7 Historic and Forecasted Market Size By End Use Industry
  12.7.1 Banking & Finance
  12.7.2 Space & Defense
  12.7.3 Healthcare & Pharmaceuticals
  12.7.4 Transportation & Logistics
  12.7.5 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Systems
  13.4.2 Services
 13.5 Historic and Forecasted Market Size By Deployment
  13.5.1 On-Premises
  13.5.2 Cloud-Based
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Optimization
  13.6.2 Simulation
  13.6.3 Machine Learning
  13.6.4 Others
 13.7 Historic and Forecasted Market Size By End Use Industry
  13.7.1 Banking & Finance
  13.7.2 Space & Defense
  13.7.3 Healthcare & Pharmaceuticals
  13.7.4 Transportation & Logistics
  13.7.5 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Systems
  14.4.2 Services
 14.5 Historic and Forecasted Market Size By Deployment
  14.5.1 On-Premises
  14.5.2 Cloud-Based
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Optimization
  14.6.2 Simulation
  14.6.3 Machine Learning
  14.6.4 Others
 14.7 Historic and Forecasted Market Size By End Use Industry
  14.7.1 Banking & Finance
  14.7.2 Space & Defense
  14.7.3 Healthcare & Pharmaceuticals
  14.7.4 Transportation & Logistics
  14.7.5 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Quantum Computing Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Systems
  15.4.2 Services
 15.5 Historic and Forecasted Market Size By Deployment
  15.5.1 On-Premises
  15.5.2 Cloud-Based
 15.6 Historic and Forecasted Market Size By Application
  15.6.1 Optimization
  15.6.2 Simulation
  15.6.3 Machine Learning
  15.6.4 Others
 15.7 Historic and Forecasted Market Size By End Use Industry
  15.7.1 Banking & Finance
  15.7.2 Space & Defense
  15.7.3 Healthcare & Pharmaceuticals
  15.7.4 Transportation & Logistics
  15.7.5 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Quantum Computing Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 134.72 Mn.

Forecast Period 2022-28 CAGR:

20.5 %

Market Size in 2028:

USD 496.98 Mn.

Segments Covered:

By Type

  • Systems
  • Services

By Deployment

  • On-Premises
  • Cloud-Based

By Application

  • Optimization
  • Simulation
  • Machine Learning
  • Others

By End Use Industry

  • Banking & Finance
  • Space & Defense
  • Healthcare & Pharmaceuticals
  • Transportation & Logistics
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • It helps in identifying efficient ways to manage financial risk

Key Market Restraints:

  • Difficult to maintain the quantum mechanical state of qubits for a long period

Key Opportunities:

  • Rise in the private and government investments in quantum computing technology

Companies Covered in the report:

  • Microsoft, IBM, Google, Amazon, D-Wave Systems, Rigetti Computing, and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. QUANTUM COMPUTING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. QUANTUM COMPUTING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. QUANTUM COMPUTING MARKET COMPETITIVE RIVALRY
TABLE 005. QUANTUM COMPUTING MARKET THREAT OF NEW ENTRANTS
TABLE 006. QUANTUM COMPUTING MARKET THREAT OF SUBSTITUTES
TABLE 007. QUANTUM COMPUTING MARKET BY TYPE
TABLE 008. SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 009. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 010. QUANTUM COMPUTING MARKET BY DEPLOYMENT
TABLE 011. ON-PREMISES MARKET OVERVIEW (2016-2028)
TABLE 012. CLOUD-BASED MARKET OVERVIEW (2016-2028)
TABLE 013. QUANTUM COMPUTING MARKET BY APPLICATION
TABLE 014. OPTIMIZATION MARKET OVERVIEW (2016-2028)
TABLE 015. SIMULATION MARKET OVERVIEW (2016-2028)
TABLE 016. MACHINE LEARNING MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. QUANTUM COMPUTING MARKET BY END USE INDUSTRY
TABLE 019. BANKING & FINANCE MARKET OVERVIEW (2016-2028)
TABLE 020. SPACE & DEFENSE MARKET OVERVIEW (2016-2028)
TABLE 021. HEALTHCARE & PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
TABLE 022. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
TABLE 023. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA QUANTUM COMPUTING MARKET, BY TYPE (2016-2028)
TABLE 025. NORTH AMERICA QUANTUM COMPUTING MARKET, BY DEPLOYMENT (2016-2028)
TABLE 026. NORTH AMERICA QUANTUM COMPUTING MARKET, BY APPLICATION (2016-2028)
TABLE 027. NORTH AMERICA QUANTUM COMPUTING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 028. N QUANTUM COMPUTING MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE QUANTUM COMPUTING MARKET, BY TYPE (2016-2028)
TABLE 030. EUROPE QUANTUM COMPUTING MARKET, BY DEPLOYMENT (2016-2028)
TABLE 031. EUROPE QUANTUM COMPUTING MARKET, BY APPLICATION (2016-2028)
TABLE 032. EUROPE QUANTUM COMPUTING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 033. QUANTUM COMPUTING MARKET, BY COUNTRY (2016-2028)
TABLE 034. ASIA PACIFIC QUANTUM COMPUTING MARKET, BY TYPE (2016-2028)
TABLE 035. ASIA PACIFIC QUANTUM COMPUTING MARKET, BY DEPLOYMENT (2016-2028)
TABLE 036. ASIA PACIFIC QUANTUM COMPUTING MARKET, BY APPLICATION (2016-2028)
TABLE 037. ASIA PACIFIC QUANTUM COMPUTING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 038. QUANTUM COMPUTING MARKET, BY COUNTRY (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA QUANTUM COMPUTING MARKET, BY TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA QUANTUM COMPUTING MARKET, BY DEPLOYMENT (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA QUANTUM COMPUTING MARKET, BY APPLICATION (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA QUANTUM COMPUTING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 043. QUANTUM COMPUTING MARKET, BY COUNTRY (2016-2028)
TABLE 044. SOUTH AMERICA QUANTUM COMPUTING MARKET, BY TYPE (2016-2028)
TABLE 045. SOUTH AMERICA QUANTUM COMPUTING MARKET, BY DEPLOYMENT (2016-2028)
TABLE 046. SOUTH AMERICA QUANTUM COMPUTING MARKET, BY APPLICATION (2016-2028)
TABLE 047. SOUTH AMERICA QUANTUM COMPUTING MARKET, BY END USE INDUSTRY (2016-2028)
TABLE 048. QUANTUM COMPUTING MARKET, BY COUNTRY (2016-2028)
TABLE 049. INTERNATIONAL BUSINESS MACHINES: SNAPSHOT
TABLE 050. INTERNATIONAL BUSINESS MACHINES: BUSINESS PERFORMANCE
TABLE 051. INTERNATIONAL BUSINESS MACHINES: PRODUCT PORTFOLIO
TABLE 052. INTERNATIONAL BUSINESS MACHINES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. D-WAVE SYSTEMS: SNAPSHOT
TABLE 053. D-WAVE SYSTEMS: BUSINESS PERFORMANCE
TABLE 054. D-WAVE SYSTEMS: PRODUCT PORTFOLIO
TABLE 055. D-WAVE SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. MICROSOFT: SNAPSHOT
TABLE 056. MICROSOFT: BUSINESS PERFORMANCE
TABLE 057. MICROSOFT: PRODUCT PORTFOLIO
TABLE 058. MICROSOFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. AMAZON: SNAPSHOT
TABLE 059. AMAZON: BUSINESS PERFORMANCE
TABLE 060. AMAZON: PRODUCT PORTFOLIO
TABLE 061. AMAZON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. RIGETTI COMPUTING: SNAPSHOT
TABLE 062. RIGETTI COMPUTING: BUSINESS PERFORMANCE
TABLE 063. RIGETTI COMPUTING: PRODUCT PORTFOLIO
TABLE 064. RIGETTI COMPUTING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. GOOGLE: SNAPSHOT
TABLE 065. GOOGLE: BUSINESS PERFORMANCE
TABLE 066. GOOGLE: PRODUCT PORTFOLIO
TABLE 067. GOOGLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 068. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 069. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 070. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. QUANTUM COMPUTING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. QUANTUM COMPUTING MARKET OVERVIEW BY TYPE
FIGURE 012. SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 013. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 014. QUANTUM COMPUTING MARKET OVERVIEW BY DEPLOYMENT
FIGURE 015. ON-PREMISES MARKET OVERVIEW (2016-2028)
FIGURE 016. CLOUD-BASED MARKET OVERVIEW (2016-2028)
FIGURE 017. QUANTUM COMPUTING MARKET OVERVIEW BY APPLICATION
FIGURE 018. OPTIMIZATION MARKET OVERVIEW (2016-2028)
FIGURE 019. SIMULATION MARKET OVERVIEW (2016-2028)
FIGURE 020. MACHINE LEARNING MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. QUANTUM COMPUTING MARKET OVERVIEW BY END USE INDUSTRY
FIGURE 023. BANKING & FINANCE MARKET OVERVIEW (2016-2028)
FIGURE 024. SPACE & DEFENSE MARKET OVERVIEW (2016-2028)
FIGURE 025. HEALTHCARE & PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
FIGURE 026. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA QUANTUM COMPUTING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE QUANTUM COMPUTING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC QUANTUM COMPUTING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA QUANTUM COMPUTING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA QUANTUM COMPUTING MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Quantum Computing Market research report?

The forecast period in the Quantum Computing Market research report is 2022-2028.

Who are the key players in Quantum Computing Market?

Microsoft, IBM, Google, Amazon, D-Wave Systems, Rigetti Computing, and Other Major Players.

What are the segments of the Quantum Computing Market?

The Quantum Computing Market is segmented into Type, Deployment, Application, End Use Industry, and Region. By Type, the market is categorized into Systems, and Services. By Deployment, the market is categorized into On-Premises, and Cloud-Based. By Application, the market is categorized into Optimization, Simulation, Machine Learning, and Others. By End Use Industry, the market is categorized into Banking & Finance, Space & Defense, Healthcare & Pharmaceuticals, Transportation & Logistics, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Quantum Computing Market?

Quantum computing is a research field focused on the development of computational technology that focuses on the principles of quantum theory. Quantum theory describes the properties and behavior of energy and matter at the quantum level (atoms and subatomic). Quantum computing uses a combination of bits to perform a specific computing task. And all of this is much more efficient than its traditional counterparts.

How big is the Quantum Computing Market?

Quantum Computing Market was estimated at USD 134.72 million in 2021, and is projected to reach USD 496.98 million by 2028, growing at a CAGR of 20.5%.