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Quantum Computing & Technologies Market | Share, Trends, Merger, Growth, Size, Demand, Sales, Competitive Landscape And Regional Outlook With Global Industry Forecast To 2028 | Microsoft, IBM, Alibaba, D-Wave Systems

02-15-2023 11:41 AM CET | IT, New Media & Software

Press release from: Extrapolate

Quantum Computing & Technologies Market | Share, Trends,

Quantum computing refers to the combination of quantum mechanics and computer science, that provides less energy consumption yet high computational power.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/quantum-computing-and-technologies-market/21594

The Global Quantum Computing & Technologies Market was valued at USD 472 Mn in 2021. The market is projected to grow USD 1,867 Mn in 2028, at a CAGR of 32.3% during the forecast period. There are several growth driving factors including the rising investment in quantum computing & technologies as well as to minimize the need for animal and human trials. In addition to this rising demand for banking and financial services is also expected to aid market expansion.

Quantum computing refers to the technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers. This branch of computer science is based on the principles of physics that deals with the superposition of matter and quantum entanglement and focuses on a different computation method from the traditional one.

๐‚๐ฅ๐จ๐ฎ๐ ๐๐š๐ฌ๐ž๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐“๐จ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐“๐ก๐ž ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐€๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The global quantum computing and technologies market is thoroughly segmented into component, deployment, application, technology, and vertical. Based on deployment, the market is categorized into cloud-based & on-premises. Among these, the cloud based sub segment is expected to dominate the quantum computing and technologies market. With developments of highly powerful systems as well as ease and flexibility in data access are major factors responsible for the industry expansion.

On the basis of components, the market is categorized into hardware, software & services. The software sub segment holds the largest share of the quantum computing and technologies market owing to the rising number of startups willing to focus on research and development activities to provide more advanced quantum computing and technology softwares. This type of technology can be used for several functions including optimization, simulations, and machine learning applications among others.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐„๐ฆ๐ฉ๐ก๐š๐ฌ๐ข๐ฌ ๐Ž๐ง ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐€๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐€๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ž๐ฌ ๐“๐จ ๐๐ซ๐จ๐ฉ๐ž๐ฅ ๐“๐ก๐ž ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐€๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Prominent players in the global quantum computing and technology market are majorly focusing on the research and development activities in order to provide better services and solutions to the end user. Along with this, collaborations, partnerships, mergers and acquisitions as well as joint ventures can provide assistance to key players in order to expand their global presence.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  & ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
-Microsoft
-IBM Corporation
-Alibaba
-D-Wave Systems Inc.
-Google LLC
-XANADU
-Amazon Web Services, Inc.
-Rigetti & Co, Inc.
-Quantum Circuits, Inc.
-Huawei Technologies Co., Ltd.
-Others

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/Information-Technology-Communication-IoT/quantum-computing-and-technologies-market/21594

๐‘๐ข๐ฌ๐ž ๐ˆ๐ง ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐Ž๐Ÿ ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐€๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐ˆ๐ง ๐๐…๐’๐ˆ ๐’๐ž๐œ๐ญ๐จ๐ซ ๐“๐จ ๐€๐ข๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง

The industry has observed a rise in the adoption of quantum computing in the BFSI sector owing to the multiple applications for risk assessment and fraud detection, portfolio allocation and rebalancing, optimization calculations, capital allocation, financial arbitrage, and yield-curve fitting. This is expected to propel the global quantum computing & technologies market in forthcoming years.

In addition to this, various government bodies involved in the aerospace and defense sectors are focusing and heavily investing in the development of quantum computing technology in order to use quantum computers to perform several optimization and simulation tactics. Moreover, many governments throughout the world are investing much in their research institutes in order to encourage the development of quantum computing technologies.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

โ— In August 2020, Intel Corporation collaborated with Argonne National Laboratory, DOE in Q-NEXT quantum computing research established by the White House Office of Science and Technology Policy (OSTP) and the U.S. Department of Energy (DOE).

๐“๐ก๐ž ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  & ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐œ๐š๐ง ๐›๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐๐š๐ฌ๐ž๐ ๐Ž๐ง:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ
-Hardware
-Software
-Services

๐๐ฒ ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ
-Cloud-based
-On-premises

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
-Optimization
-Machine Learning
-Simulation & Data Modelling
-Cyber Security
-Others

๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
-Quantum annealing
-Superconducting qubit
-Trapped ion
-Others

๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง
-North America- U.S., Mexico, Canada
-Europe- UK, France, Germany, Italy
-Asia-Pacific- China, Japan, India
-South America- Brazil, Argentina, Colombia
-The Middle East and Africa- United Arab Emirates, Saudi Arabia

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Information-Technology-Communication-IoT/quantum-computing-and-technologies-market/21594

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐“๐จ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐“๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐Ž๐ฐ๐ข๐ง๐  ๐“๐จ ๐“๐ก๐ž ๐‘๐ข๐ฌ๐ข๐ง๐  ๐„๐š๐ซ๐ฅ๐ฒ ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐Ž๐Ÿ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ

The North America region is expected to dominate the market share of the global quantum computing and technologies industry owing to the rising early adoption of advanced technologies as well as the presence of major key players investing in research and development activities in the region.

On the other hand, the Europe region is anticipated to witness fast-paced growth of the quantum computing and technologies market in the forecast period owing to several factors such as increasing number of startups, government initiatives. In addition to this, the rising utilization of the cloud-based deployment of the quantum computing & technologies is also expected to aid the market expansion. For instance, in 2019 IBM has made a strategic partnership with Fraunhofer in the area of quantum computing with the aim of enhancement of the research and experimentation in Germany.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
4. COVID-19 Impact On Quantum Computing & Technologies Market
5. Global Quantum Computing & Technologies Market Overview, By Compo-nent, 2015 - 2028(USD Million)
6. Global Quantum Computing & Technologies Market Overview, By Deploy-ment, 2015 - 2028(USD Million)
7. Global Quantum Computing & Technologies Market Overview, By Applica-tion, 2015 - 2028(USD Million)
8. Global Quantum Computing & Technologies Market Overview, By Tech-nology, 2015 - 2028(USD Million)
9. Global Quantum Computing & Technologies Market Overview, By Vertical, 2015 - 2028(USD Million)
10. Global Quantum Computing & Technologies Market Overview, By Geogra-phy, 2015 - 2028(USD Million)
11. North America Quantum Computing & Technologies Market Overview, By Countries, 2015 - 2028(USD Million)
....Continued

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
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In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.

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