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
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Quantum Computing Market is projected to reach USD 4.67 Billion by 2030 : Cognitive Market Research here
News-ID: 3042296 • Views: …
More Releases from Cognitive Market Research
Ultra Fine Copper Powder Market is estimated to grow at a CAGR of 7.1% during th …
Market Overview:
- The term "ultra-fine copper powder" refers to a finely divided type of copper that is distinguished by its exceedingly small particle size and large surface area. It is made using a variety of processes, such as mechanical grinding, electrolysis, and chemical precipitation. Ultra-fine copper powder typically has particles between a few nanometres and a few micrometers in size.
Summary:
- As per Cognitive Market Research, Global Ultra-Fine Copper…
Premium Branding and Status Symbol boosts the Global Metal Card Market: Cognitiv …
Market Overview:
- A metal card typically refers to a credit or debit card that is made from metal materials instead of traditional plastic. These cards are often associated with premium or high-end credit card offerings and are designed to provide a more luxurious and prestigious feel. Metal cards are usually made from materials such as stainless steel, titanium, or other alloys, which gives them a solid and durable construction.…
Slot Machines Market is projected to grow at a CAGR of 12.9% within the forecast …
Market Overview:
A slot machine is operated by inserting coins into a slot and by pulling down on a long handle. It features a set of spinning reels with various symbols on them. Players or individuals insert coins or tokens into the machine and then pull a lever or press a button to activate the reels. The earliest slot machine technology was created with mechanical reels powered by random number generators.…
Mechanical Seals Market is estimated to grow at a CAGR of 4.8% within the foreca …
Market Overview:
A mechanical seal is only a way to keep fluid inside a vessel usually pumps, mixers, etc. when a rotating shaft passes through a stationary housing or, on rare occasions, when the housing rotates around the shaft. Mechanical seals are devices used to prevent leakage between two components or systems that are connected by a rotating shaft. They are commonly used in pumps, compressors, mixers, and other equipment that…
More Releases for Quantum
Quantum Computing Services Market is Booming Worldwide| IBM Quantum, Google Quan …
HTF Market Insights just released the Global Quantum Computing Services Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Quantum Computing Services Market are:
IBM…
Quantum Computing Market: A Quantum Leap
The quantum computing market is a burgeoning field that promises to revolutionize various industries, from healthcare to finance. This post will delve into the market, exploring its size, share, opportunities, challenges, demand, and trends.
Market Size and Share
The quantum computing market is still in its nascent stages, with significant growth potential. While precise figures can vary depending on data sources and regional factors, the market is estimated to be worth billions…
Quantum Computing Software Market Is Booming So Rapidly with IBM Quantum, Google …
HTF MI recently introduced Global Quantum Computing Software Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are IBM Quantum - United States, Google Quantum AI - United States, Microsoft…
Kipu Quantum and Quantum-South Announce Strategic Partnership
Karlsruhe, Germany / Montevideo, Uruguay - June 4th 2024
Kipu Quantum GmbH, a German quantum software company focusing on developing application- and hardware-specific quantum solutions for or a wide range of industries, and Quantum-South, a quantum computing startup with solutions for logistics optimization, are pleased to announce a strategic partnership aimed at transforming industries across Latin America and other global markets. This alliance is set to leverage the unique strengths of…
Quantum Internet Alliance launches Quantum Internet Application Challenge
Quantum enthusiasts get a chance to co-create the future quantum internet
DELFT, THE NETHERLANDS-The Quantum Internet Alliance (QIA) has announced the launch of its first ever Quantum Internet Application Challenge (https://quantuminternetalliance.org/quantum-internet-application-challenge-2023/), an initiative encouraging quantum enthusiasts to take part in shaping the future of the quantum internet.
"The role of the community-from students and enthusiasts to scientists and industry leaders-in our mission of building a global quantum internet is pivotal. And the…
Quantum Computing Market Deep Dive into Industry Leaders: Analysis of Top Manufa …
Global "Quantum Computing Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of…
