Quantum Computing Market is growing at a high CAGR by 2027 according to a new research report by Cambridge Quantum Computing, D-Wave Systems, Google, IBM, Intel, Lockheed Martin, Microsoft, Qxbranch, Rigetti & Co, Toshiba Quantum Information

Quantum computing is a major innovation since the invention of the microprocessor and quantum computers are dis-similar from digital electronic computers based on transistors. Quantum computers are much faster and powerful than today's computers. These systems are still in its development stage; however, several military agencies and national governments are funding for quantum computing research to develop quantum computers for business, civilians, and security purposes.

The "Global Quantum Computing Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the quantum computing market with detailed market segmentation by application, industry, and geography.

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The report enables you to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of Quantum Computing under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product's current stage of development, territory and estimated launch date

The surge in the adoption of quantum computing in the defense and automotive industry and an increase in incidences of cybercrime are the significant factors driving the growth of the quantum computing market. However, unawareness about the new technology along with the presence of substitute technology may restrain the global market during the forecast period. Moreover, the increase in the adoption of quantum computing in drug delivery is expected to deliver substantial growth opportunity to the industry players in the quantum computing market.

Leading key market players mentioned in the report:-

• Cambridge Quantum Computing Ltd
• D-Wave Systems Inc.
• Google Inc.
• IBM Corporation
• Intel Corporation
• Lockheed Martin Corporation
• Microsoft
• Qxbranch, Inc.
• Rigetti & Co, Inc.
• Toshiba Quantum Information group

The global quantum computing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading quantum computing market players and offers key trends and opportunities in the market.

The global quantum computing market is segmented on the basis of application and industry. Based on application, the quantum computing market is segmented into simulation, optimization, and sampling. On the basis of industry, the market is categorized into Aerospace & Defense, BFSI, Energy & Power, Transportation, Healthcare, IT & Telecommunication, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global quantum computing market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.

The quantum computing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the quantum computing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the quantum computing in these regions.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the quantum computing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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This release was published on openPR.