Press release
Quantum Artificial Intelligence (AI) Market Segments 2024-2033 | Size, Share And Insights
Quantum Artificial Intelligence (AI) Market Segments
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16166&type=smp
According to The Business Research Company's, The quantum AI market size has grown exponentially in recent years. It will grow from $0.21 billion in 2023 to $0.29 billion in 2024 at a compound annual growth rate (CAGR) of 38.7%. The growth in the historic period can be attributed to the global embrace of quantum-safe security measures, collaboration between quantum computing and AI research communities, exploration of quantum machine learning algorithms, government initiatives and funding, and increasing demand for advanced computing solutions.
The quantum AI market size is expected to see exponential growth in the next few years. It will grow to $1.07 billion in 2028 at a compound annual growth rate (CAGR) of 38.8%. The growth in the forecast period can be attributed to increasing need for quantum-safe AI security, integration of quantum computing in cloud services, advancements in quantum hardware and qubit stability, rise in quantum cloud services and quantum as a service (QaaS), and advancements in quantum hardware components. Major trends in the forecast period include advancements in quantum computing technology, advancement of quantum AI technologies, collaborative initiatives, initiation of cloud-based deployment, and development of quantum neural networks.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/quantum-artificial-intelligence-ai-global-market-report
Market Drivers and Trends:
The increasing number of data breaches is expected to propel the growth of the quantum AI market going forward. Data breaches refer to incidents where sensitive, protected, or confidential data is accessed, stolen, or used by unauthorized individuals or entities. The Internet of Things (IoT) and the rise of connected devices in various industries have increased the number of potential entry points for cyber attacks, making it more challenging to secure all endpoints effectively. Quantum AI can help reduce data breaches by improving encryption, enabling secure communication, enhancing threat detection, strengthening authentication, and verifying data integrity. For instance, in May 2024, the Information Commissioner's Office, a UK-based independent regulatory office, reported that cyber-related incidents accounted for 25.9% of personal data breaches from 2022 to 2023, an increase of 32.5%. Therefore, the growing number of data breaches is driving the growth of the quantum AI market.
Major companies operating in the quantum AI market are developing quantum processors to advance the capabilities of quantum AI systems. Quantum processors are crucial in advancing quantum AI by providing the computational power to perform complex calculations and simulations. For instance, in November 2021, International Business Machines Corporation, a US-based technology company, launched IBM Quantum Eagle, a 127-qubit quantum processor designed to advance quantum computing research and enable more powerful AI algorithms. IBM Quantum Eagle offers improved qubit coherence and connectivity and enhanced error correction capabilities, making it suitable for complex AI tasks such as optimization, machine learning, and simulation. This processor is a significant milestone in the development of quantum computing, as it marks the first time a quantum processor has been developed with more than 100 operational and connected qubits.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Google LLC, Microsoft Corporation, Alibaba Cloud, AT&T Inc., Amazon Web Services Inc., International Business Machines Corp., Honeywell International Inc., Fujitsu Limited, Atos SE, Baidu Research, Quantinuum Ltd., Xanadu, Terra Quantum, Quantum Machines, 1QB Information Technologies Inc., Q-CTRL, Rigetti & Co LLC, IonQ Inc., QC Ware, Alice & Bob, D-Wave Quantum Inc., Zapata Computing Inc., Strangeworks Inc., Qulabs, Menten AI
Quantum Artificial Intelligence (AI) Market 2024 Key Insights:
• The quantum AI market size is expected to see exponential growth in the next few years. It will grow to $1.07 billion in 2028 at a compound annual growth rate (CAGR) of 38.8%.
• Role of Quantum AI in Mitigating Data Breaches
• Quantum Processor Development for Enhanced Quantum AI Capabilities
• North America was the largest region in the quantum AI market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=16166&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Artificial Intelligence (AI) Market Segments 2024-2033 | Size, Share And Insights here
News-ID: 3707830 • Views: …
More Releases from The Business research company
Top Market Shifts Transforming the Quantum-Enhanced Predictive Genomics Market L …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Quantum-Enhanced Predictive Genomics Market Through 2025?
The market size for quantum-enhanced predictive genomics has experienced rapid expansion in the past few years. The market is projected to increase from $1.45 billion in 2024 to $1.95 billion in 2025, displaying a compound annual…
Increasing Demand For Minimally Invasive Aesthetic Procedures Fueling The Growth …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Poly-L-Lactic Acid (PLA) Thread Lift Market Through 2025?
In recent times, the market size of the poly-L-lactic acid (PLA) thread lift has expanded exponentially. This market is projected to increase from $1.28 billion in 2024 to $1.49 billion in 2025, with a…
2025-2034 Pharmerging Market Evolution: Disruptions, Innovations, and Untapped O …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Pharmerging Market Through 2025?
The size of the pharmerging market has expanded significantly over the past few years. Its projected growth is slated to rise from $2042.23 billion in 2024 to $2259.20 billion in 2025, with a compound annual growth rate (CAGR)…
Soaring Demand Set to Propel Personalized Gene Therapy Treatment Market to $17.6 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Personalized Gene Therapy Treatment Market Through 2025?
In recent times, there has been substantial growth in the market size of personalized gene therapy treatment. Predictions suggest that the market will expand from a worth of $6.93 billion in 2024 to $8.38 billion…
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…
