Quantum Computing for Enterprise Market Analysis By Industry Share, Merger, Acquisition, Size Estimation, New Investment Opportunities, Statistics, Overview, and Forecast till 2027

The global quantum computing for enterprise market is forecast to reach a market size of USD 3,907.4 Million by 2027, and register a steady revenue growth rate, according to latest analysis by Emergen Research. Growth of the global quantum computing for enterprise market in terms of revenue is expected to increase substantially over the forecast period due to increasing global demand for quantum computing simulation for drug discovery and to identify new chemical compounds. Rising need to accelerate the learning process of Artificial Intelligence (AI) is also a major factor expected to further boost global quantum computing for enterprise market growth during the forecast period. Rising adoption of quantum computing in the automotive industry is expected to further support growth in market size in future.

As per industry analysts, the Quantum Computing for Enterprise industry is currently reeling from the pandemic’s gripping effects, and remarkable changes have been observed in the market dynamics and demand trends over recent months. The financial strains being suffered by each business organization in this industry have significantly slowed down their progress. Additionally, the report assesses the pandemic’s overall impact on the global market growth and involves a future COVID-19 impact assessment to help readers make prudent business decisions.

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Competitive Landscape:

The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes Quantum Computing for Enterprise market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe. The key players profiled in the report include:

Google LLC, Baidu, Inc., Rigetti & Co, Inc., International Business Machines Corporation, Microsoft Corporation, Intel Corporation, Alibaba Group Holding Limited, AT&T Inc., and Atos SE.

Key Highlights of Report

• In terms of revenue contribution to the global quantum computing enterprise industry market, the simulation segment is projected to lead during the forecast period as a result of increasing application of quantum computing simulation for electric battery production and for the identification of chemical compounds.
• Information technology segment is projected to account for relatively higher market share during the forecast period due to growing use of post-quantum cryptography for ensuring long-term security of digital systems.
• Due to increasing government spending in quantum computing research and development activities, the North American market is projected to account for the highest revenue share among other regional markets in the region over the forecast period.
• In October 2019, International Business Machines Corporation introduced a metric to determine how powerful and effective a quantum computer is on the hardware side, and named it quantum volume.

Market Segmentation:

Emergen Research has segmented the global quantum computing for enterprise market on the basis of component, deployment, application, end-use, and region.

• Component Outlook (Revenue, USD Million; 2020–2027)
o Software
o Hardware
1. Input/Output Subsystem
2. Dilution Refrigerator
3. Quantum Processing Unit
o Service
1. Support & Maintenance
2. Consulting
3. Training
4. Others
• Deployment Outlook (Revenue, USD Million; 2020–2027)
o Cloud-based Quantum Computing
o Hybrid Quantum Computing
o On-premises Quantum Computing
• Application Outlook (Revenue, USD Million; 2020–2027)
o Simulation
o Machine Learning
o Optimization
o Others
• End-use Outlook (Revenue, USD Million; 2020–2027)
o Aerospace
o Agriculture
o Automotive
o Energy
o Finance
o Gaming
o Healthcare
o Information Technology
o Investment
o Life Science
o Logistics
o Manufacturing
o Oil& Gas
o Telecommunication
o Transportation

Major Geographies Encompassed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The study strives to carefully gauge the present and future market growth prospects, untapped avenues, demand and consumption patterns, and the crucial factors poised to impact each market region’s revenue potential. Therefore, the report scrutinizes the numerous growth trends & prospects and the significant challenges and threats that the market players might face in the upcoming years.

Target Audience of the Global Quantum Computing for Enterprise Market report:

• Global Quantum Computing for Enterprise market providers, traders, distributors, and suppliers
• Research organizations, End-use industries, consulting organizations, and various alliances related to this business sphere.
• Independent regulatory authorities, government bodies, and policymakers.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Quantum Computing for Enterprise Market Segmentation & Impact Analysis
4.1. Quantum Computing for Enterprise Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for quantum computing simulation for drug discovery and to identify new chemical compound
4.2.2.2. Growing demand for simultaneous calculation of vast volume of data
4.2.2.3. Rising need to accelerate the learning process of artificial intelligence (AI)
4.2.2.4. Increasing need for optimal solution to improve business value
4.2.3. Market restraints analysis
4.2.3.1. High cost of quantum computing solutions
4.2.3.2. Concern of breaking public-key encryption
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

READ MORE…!

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