Press release
Quantum Computing Market is projected to reach USD 4.67 Billion by 2030 : Cognitive Market Research
Quantum Computing Market is projected to reach USD 4.67 Billion by 2030 : Cognitive Market Research
- Quantum computing is a type of computing that focuses on developing computer technologies that use quantum physics to process information at the atomic and subatomic level. It is a rapidly emerging advanced technology that follows the laws of quantum mechanical procedures to solve more complex problems. Computers have been used for calculations based on ideas from quantum physics. It differs from traditional computing in terms of speed, bits and data. Classical computing uses two bits, 0 and 1, but the system uses all states between 0 and 1, resulting in better results and faster processing. Quantum computers are expected to facilitate discoveries in fields as diverse as energy, healthcare, smart materials, environmental systems, and more.
Summary:
- As per Cognitive Market Research, Global Quantum Computing market size will be $4.67 billion by 2030. Quantum Computing Industry's Compound Annual Growth Rate will be 32.54% from 2023 to 2030.
"To know more about The Quantum Computing Market statistics click here: https://www.cognitivemarketresearch.com/quantum-computing-market-report
Market Dynamics:
- Global quantum computing is witnessing significant traction mainly due to the widespread applications in the aerospace & defense sector for space exploration verification, critical modeling, and aerodynamic performance simulation. Additionally, increasing implementations of machine learning and quantum computers to detect recurring patterns drive the market growth exponentially. Rising quantum computing market demand from sectors such as BFSI, defense, and automotive fosters the growth of the market. Moreover, the increasing rate of cybercrimes and stringent government initiatives for the development of this technology are major driving forces behind market growth.
Government organizations across the globe are making major investments in quantum technologies to encourage companies and end-users to harness the power of these technologies. They are also promising noteworthy funding to advance quantum technologies domestically.
Market Segmentation:
Component:
• Hardware
• Software
• Services
Application:
• Optimization
• Machine Learning
• Finacial Services
• Biomedical Simulation
• Electronic Material Discovery
• Others
Deployment:
• On-premise
• Cloud
Industry Vertical:
• Aerospace & Defense
• BFSI
• Energy & Power
• Healthcare
• IT & Telecommunication
• Transportation
• Others
The Major Players in Quantum Computing Market are: IBM Corporation, D-Wave Systems Inc., Microsoft Corporation, Intel Corporation, Rigetti & Co Inc., Google LLC, QC Ware, Quantinuum Ltd. , Riverlane, IonQ , Others
Get free sample pages of the latest published Quantum Computing Market Report: https://www.cognitivemarketresearch.com/quantum-computing-market-report#request_sample
Regional Analysis:
- The North American market accounts for the highest share in terms of revenue in the global quantum computing market. It is expected to maintain its dominance in the global market during the forecast period. This is attributed to highly competitive landscape and the early adoption of advanced technologies. In addition, rising adoption of cloud readiness rate of countries and end-users' readiness to develop advanced services have positive impact the market growth across North America.
News:
• September 2022
Quix Quantum has a contract with the German Aerospace Center to deliver 64 and 8 qubit universal quantum computers. These systems will be based on photonics, integrating existing technologies from their processors with feedforward, sources and detectors.
• September 2022
Alpine Quantum Technologies GmbH presents the Beech, a fully digital, rack-compatible laser stabilization module supporting up to four different wavelengths.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Quantum Computing Market
Chapter 4 Global Quantum Computing Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Quantum Computing Market by Component Segmentation Analysis (2018-2030)
Chapter 10 Global Quantum Computing Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Quantum Computing Market by Deployment Segmentation Analysis (2018-2030)
Chapter 12 Global Quantum Computing Market by Industry Vertical Segmentation Analysis (2018-2030)
Chapter 13 Global Quantum Computing Market Regional Analysis
• 13.1 Detailed Qualitative Analysis
• 13.2 Global Quantum Computing Market Revenue by Region (2018-2030)
• 13.2 Global Quantum Computing Market Share (%) by Region (2018-2030)
Chapter 14 North America Quantum Computing Market Outlook (2018 - 2030)
Chapter 15 Europe Quantum Computing Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Quantum Computing Market Outlook (2018 - 2030)
Chapter 17 Latin America Quantum Computing Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Quantum Computing Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about Quantum Computing Market TOC click here: https://www.cognitivemarketresearch.com/quantum-computing-market-report#table_of_contents
Related Report:
• Cognitive Computing market - https://www.cognitivemarketresearch.com/cognitive-computing-market-report
• Quantum Cryptography Services market - https://www.cognitivemarketresearch.com/quantum-cryptography-services-market-report
• Edge Computing Service market - https://www.cognitivemarketresearch.com/edge-computing-service-market-report
• Cloud Computing market - https://www.cognitivemarketresearch.com/cloud-computing-market-report
Blog:
• How the Internet of Things is Changing Market Research - https://www.cognitivemarketresearch.com/blog/how-the-internet-of-things-is-changing-market-research
To view SMC Corporation of America Company Profile click here: https://www.cognitivemarketresearch.com/company_profile/smc-corporation-of-america
Article:
• Why the demand for bakery mixers is increasing- https://www.cognitivemarketresearch.com/articles/why-the-demand-for-bakery-mixers-is-increasing
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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