Press release
Quantum Computing Software Market Growth Prospects by 2026 with Leading Players | D-Wave Systems Inc, Rigetti Computing, Google LLC, Honeywell International Inc., QC Ware, 1QBit, Huawei Technologies Co.
Quantum Computing Software Market
Quantum software is capable of reducing laboratory costs and minimizing human effort in the near future. The demand for using quantum software is expected to surge in varied industries as it can aid projections, trading, and dodging potential problems by studying patterns.
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Research and Development to Offer Initial Push to Global Quantum Computing Software Market
The upcoming transition to electric vehicles could present a lucrative opportunity to the global quantum computing software market. It stands a perfect chance at accelerating the research and development of EVs, states Fairfield Market Research. Product development will remain a primary driver for the global market between the forecast years of 2021 and 2025. Quantum computing and current high-performance computing (HPC) will be used in combination as a hybrid model by end users to solve problems in novel ways.
Some of the key players operating in the global quantum computing software market are :
1. IBM Corporation
2. Cambridge Quantum Computing
3. Fujitsu Limited
4. Riverlane
5. Zapata Computing
6. Quantum Circuits Inc.
7. Quantica Computacao
8. XANADU Quantum Technologies
9. VeriQloud
10. Quantastica
11. Microsoft Corporation
12. Amazon Web Services Inc.
13. D-Wave Systems Inc
14. Rigetti Computing
15. Google LLC
16. Honeywell International Inc.
17. QC Ware
18. 1QBit
19. Huawei Technologies Co.Ltd.
Life Sciences Industry Welcome Quantum Computing Software to Understand Complex Problems
The adoption of quantum computing software in the life sciences segment comes as the promise of making the unsolvable solvable holds high regard. With the outbreak of the COVID-19 pandemic, the demand for quantum computing software is expected to shoot up as disruptive changes to the global economy have become a sudden reality. Fairfield Market Research states application of quantum computing software will allow enhancing drug discovery, creating precision medicine therapies by linking genomes and outcomes, and improving protein folding predictions.
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North America to Remain Frontrunner in Adoption of Quantum Computing Software
The significant rise of the quantum computing software market in North America will be attributable to the presence of important players. The keen interest shown by Canadian and the U.S. governments in the adoption of quantum computing software across aerospace and defense, transportation, pharmaceutical, cybersecurity, BFSI, and chemical industries to solve complex scenarios is expected to boost the market.
Asia Pacific too presents a golden opportunity to the quantum computing software market as the industries are growing at a phenomenal pace. Analysts at Fairfield Market Research state that it could drastically change the automotive industry as companies offer computational improvements to boost capabilities. Fuel cell and material durability and route optimization along with traffic-system management are some of the adoption areas in the automotive industry of Asia Pacific that could boost the regional market.
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values and eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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