Enterprise Quantum Computing Market by Component, Technology and Application, 2018 – 2025: Alibaba Group, D-Wave Systems Inc., Google, Huawei Technologies Co., Ltd., International Business Management Corporation (IBM), ID Quantique, Microsoft.
Based on component, the hardware segment dominated the overall enterprise quantum computing market share in 2017 and is expected to remain dominant during the forecast period, due to increase in investment into startups working on quantum computing hardware.
The global enterprise quantum computing market was valued at $650 million in 2017 and is projected to reach $5,853 million by 2025, growing at a CAGR of 31.7% from 2018 to 2025.
In 2017, the aerospace & defense segment accounted for the highest share of the global enterprise quantum computing market and is projected to remain dominant during the forecast period due to rise in investment by government organizations. However, the energy & utilities sector has grown significantly in last few years and is expected to attain the highest CAGR during the forecast period.
Download report sample at: https://www.alliedmarketresearch.com/request-sample/5143?utm_source=as_opr
According to Pankaj Lanjudkar, Research Analyst, ICT at Allied Market Research, The rise in investment in quantum technology and increase in demand for high performance computing for data analysis are expected to offer growth in the upcoming years. Also, the emergence of on-premise quantum computers for commercial use is anticipated to offer lucrative opportunities for the enterprise quantum computing market.
Hardware segment to lead in terms of revenue, services to grow the fastest through 2025
Among components, the hardware segment accounted for more than half of the total market share in 2017 and would continue its dominance through 2025. This is due to the increased need for creating the basic building blocks for quantum computers such as qubits and quantum gates. Moreover, the growing investment by investors into startups working on quantum computing hardware further contributes to the growth of this segment. However, the services segment would register the fastest CAGR of 36.8% from 2018 to 2025. This is because enterprises are expected to experience the requirement for consulting, training, maintenance, and support services during the usage of quantum computers. Furthermore, the demand for deployment, integration, and upgradation services will also drive the growth of segment. The software segment would grow at a steady pace during the study period.
For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5143?utm_source=as_opr
On-premise to dominate, cloud to grow the fastest by 2025
Among deployments, the on-premise segment grabbed more than three-fourths of the market share in 2017 and is likely to remain dominant in terms of revenue through the study period. This is attributed to the increased technological developments and rising investment by several government entities and organizations for developing on-premise quantum computers. However, the cloud deployment segment would grow at the fastest CAGR of 34.1% from 2018 to 2025. This is because cloud-based deployment model does not involve capital cost and has low maintenance. Moreover, users can develop, test, and run their programs on the quantum devices without needing any physical quantum computer.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enterprise Quantum Computing Market by Component, Technology and Application, 2018 – 2025: Alibaba Group, D-Wave Systems Inc., Google, Huawei Technologies Co., Ltd., International Business Management Corporation (IBM), ID Quantique, Microsoft. here
News-ID: 1566550 • Views: 560
More Releases from Allied Market Research
U.S. Surplus Lines Insurance Market Size Projected to Hit $125.9 Billion by 2027 …
According to a recent report published by Allied Market Research, titled, "U.S. Surplus Lines Insurance Market by Coverage, Distribution Model, and Application: Country Opportunity Analysis and Industry Forecast, 2020-2027," the market was valued at $52.1 billion in 2019, and the U.S. surplus lines insurance market size is projected to reach $125.9 billion by 2027, growing at a CAGR of 15.2% from 2020 to 2027. Some of the major players operating in
Reed Sensor Market 2019–2026: Revenue Projections and Industry Insights | Stan …
Allied Market Research published the latest report, titled "Reed Sensor Market by Type (Dry-Reed Sensor, Mercury-Wetted Reed Sensor) and Application (Automotive, Transportation, Consumer Electronics, Robotics & Automation, Telecommunications, Healthcare, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, reed sensor market is expected to witness significant growth during the forecast period due to surge in need for technological advancements in the sensors. The emergence of high-tech
Umbrella Market 2020 to Witness a Pronounce Growth During COVID-19 Crisis with D …
Umbrella also is known as parasol is an object used for protection against rain and sunlight. Umbrellas are usually designed for protection from rain whereas parasol is specifically designed and used to block the sunlight. Umbrellas are hand-held portable devices which come in different sizes, shapes, colors, and designs. These have been used since the seventeenth century and are considered as an essential accessory by most of the people. Canopy,
Forage Seed Market Size, Industry Analysis by Leading Key Players, Development a …
The global Forage Seed Market was valued at $11,683 million in 2015 and is projected to reach $20,646 million by 2022, growing at a CAGR of 8.50% from 2016 to 2022. In 2015, the alfalfa product segment held approximately more than one-fourth of the total market. Forage seeds are the edible parts of plants widely utilized for livestock feeding. Alfalfa, clover, chicory, ryegrass, lablab, and fescue are some of the popular
More Releases for Enterprise
Enterprise Media Gateway Market:
Increasing deployment of IP communication applications and services in enterprises, which is also very cost effective will boost the growth of the global enterprise media gateway market. Growing demand for SIP trunking and cloud-based services will also augment the market growth. However, intense competition from existing legacy systems and consumer acceptance of gateways over traditional communication systems will restrain the market during the forecast horizon. The overall enterprise media gateway
NAS is a storage system that enables file sharing among enterprise users. It is an independent network node in the local area network (LAN) that consists of individual Internet protocol (IP) addresses. File transfer is achieved through an Ethernet connection between users and NAS systems. NAS allows multiple users access to the same file in a network. In an enterprise environment, NAS systems are used for backup, archiving, and disaster recovery
Enterprise Content Management Market -
Enterprise content management (ECM) enables organizations to store, share, archive, and structure the content. ECM allows organizations to access data/content from a centralized repository via multiple platforms and distribute the data to users whenever required. ECM encompasses wide range of tools that include workflow process management, digital asset management, document management, digital rights management, records management, web content management. ECM reduces the workload of different departments of an organization in
Enterprise Content Management Market
MarketResearchReports.Biz presents this most up-to-date research on "Enterprise Content Management Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" Description Enterprise content management (ECM) is related to storing and organizing the documents as well as other contents related to different processes of an organization. ECM strategies and tools allow the management of an unstructured information of an organization. ECM streamline access to different records through full text
Enterprise BI Reloaded 2013
End-2-End BI, Big Data, Mobile Enterprise, Consumerization & Cloud – zukünftige Herausforderungen, aktuelle Konsolidierung & Integration von BI & BA im Spannungsfeld SAP und Enterprise 3.0 25. – 26. November 2013 | Steigenberger Hotel Berlin | Berlin, Germany http://business-intelligence.we-conect.com/de/ "Tolles Format, um leicht in Kontakt zu den anderen Konferenzteilnehmern zu kommen und die aktuellen Problemstellungen zu diskutieren." Claudius Hingst, Zott SE & Co KG Nach dem großem Erfolg der Next Generation SAP BI 2012 lädt
Enterprise Smartphone Email Management
-Start- Mobile email breaks away from the “only-for-the-suits” niche. 6th December 2010 - London. janusNET (http://www.janusnet.com) today announced the immediate availability of janusGATE Mobile, a unique solution which enables organisations to manage and control email delivery to any smartphone, including iPhone, iPad, Android, Symbian, Windows Mobile and Blackberry. The escalating popularity of smartphones means that Chief Information Officers are under huge pressure to allow employees to connect their smartphone devices to