Press release
Quantum Computing Market to hit USD 3921.90 Mn by 2029 at a CAGR 30.3 Percent, Global Industry Analysis by Type, Industry, Region, and Forecast
The global Quantum Computing Market was valued at USD 471.99 Mn. in 2021 and is projected to grow at a CAGR of 30.3 percent from 2021 to 2029, reaching nearly USD 3921.90 Mn.Quantum Computing Market Report Scope and Research Methodology
Quantum computing is a form of advanced computer technology that differs from traditional computing in terms of speed, bits, and data. It is most commonly used in research to compare multiple solutions and discover the best solution to a challenging problem.
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The objective of the report is to present a comprehensive analysis of the global Quantum Computing Market to the stakeholders in the industry. The report covers all aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. The report uses a PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
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Quantum Computing Market Dynamics
The growing demand for high-level computing performance is propelling the Quantum Computing Market forward. Expanding datacenter workloads, rising demand for Software-as-a-Service (SaaS) business models, and increased complexity in processor design of traditional binary computing systems are all propelling the worldwide Quantum Computing Market forward. Furthermore, government investments in quantum computing technology are projected to benefit the market. Increased government funding in quantum computing solutions for a wide range of applications is expected to boost the global Quantum Computing Market. However, the quantum computing industry is having difficulty keeping qubits steady at low temperatures, which is a major restraint for market growth.
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Quantum Computing Market Regional Insights
The rapid growth of the Asia Pacific emerging economies, as well as the greater usage of innovative technology in the manufacturing sector, is helping to propel the region's large and medium-sized businesses forward.
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Quantum Computing Market Segmentation
By Component:
• Hardware
• Software
• Services
By Technology:
• Superconducting qubits
• Trapped ion qubits
• Quantum Annealing
By Application:
• Simulation
• Optimization
• Sampling
By End-User:
• Defense
• Banking & Finance
• Energy & Power
• Chemicals
• Healthcare & Pharmaceuticals
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Quantum Computing Market Key Competitors include:
• D-Wave Systems Inc
• 1QB Information Technologies Inc.
• QxBranch LLC
• QC Ware Corp. and Research at Google-Google Inc.
• International Business Machines Corporation
• Lockheed Martin Corporation
• Intel Corporation
• Anyon Systems Inc.
• Cambridge Quantum Computing Limited
• Rigetti Computing
• Magiq Technologies Inc.
• Station Q - Microsoft Corporation
• IonQ
• Quantum Computing Software Start-ups
• Qbit
• Alibaba
• Ariste-QB.net
• Atos
• Q-Ctrl
• Qu and Co
• Quantum Benchmark
• SAP
• Turing
• Zapata
Table of Content for Quantum Computing Market
Global Quantum Computing Market: Research Methodology
Global Quantum Computing Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Quantum Computing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Quantum Computing Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End-User (2021-2029)
Regional Quantum Computing Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Technology, Application and End-User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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