Press release
2025-2034 Quantum Artificial Intelligence (AI) Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Quantum Artificial Intelligence (AI)
Quantum Artificial Intelligence (AI) Market Size Growth Forecast: What to Expect by 2025?
There has been a substantial increase in the size of the quantum artificial intelligence (ai) market in the past few years. It is expected to expand from a value of $0.29 billion in 2024 to $0.4 billion in 2025, with a compound annual growth rate (CAGR) of 38.1%. This consistent growth during the historic period can be attributed to a variety of factors, including the adoption of quantum-safe security measures on a global scale, collaborations between the quantum computing and AI research communities, the development of quantum machine learning algorithms, government support and funding, and the growing demand for superior computing solutions.
How Will the Quantum Artificial Intelligence (AI) Market Size Evolve and Grow by 2029?
The size of the quantum artificial intelligence (AI) market is projected to experience remarkable growth in the coming years. By 2029, it's expected to burgeon to $1.37 billion at a compound annual growth rate (CAGR) of 36.3%. The surge during the projection period is tied to the rising demand for quantum-secure AI security, incorporation of quantum computation in cloud-based services, progress in quantum hardware and qubit stability, growing quantum cloud services and Quantum as a Service (QaaS), and enhancements in quantum hardware elements. Significant trends during the forecast phase include technological progress in quantum computing, improvements in quantum AI technologies, cooperative ventures, the launch of cloud-facilitated deployment, and the evolution of quantum neural networks.
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What Drivers Are Propelling the Growth of Quantum Artificial Intelligence (AI) Market Forward?
The quantum AI market's growth is projected to be driven by a rising occurrence of data breaches. Data breaches refer to instances where confidential, protected, or sensitive data is intruded upon, stolen, or exploited by unauthorized parties or individuals. The development of the Internet of Things (IoT) and the surge of connected gadgets across numerous fields have expanded the possibilities for cyber attack entry points, undermining effective endpoint security. Quantum AI can assist in mitigating data breaches by enhancing encryption, facilitating secure communication, improving threat detection, fortifying authentication, and verifying the integrity of data. As an example, the UK's independent regulatory institution, the Information Commissioner's Office, reported in May 2024 that cyber-related episodes comprised 25.9% of personal data breaches from 2022 to 2023, a surge of 32.5%. Thus, the escalating incidences of data breaches are contributing to the expansion of the quantum AI market.
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Which Emerging Trends Are Transforming the Quantum Artificial Intelligence (AI) Market in 2025?
Prominent businesses within the quantum AI sphere are creating and introducing novel solutions like quantum cloud service which bolsters computing strength and expedites data handling. Essentially, quantum cloud service is a system that provides quantum computing resources via online platforms, enabling users to interact and utilise quantum computers from a distance without the necessity of possessing the hardware itself. For instance, D-Wave Quantum Systems Inc., a computer software company headquartered in Canada, unveiled its Leap Quantum Cloud Service in July 2024. The Leap Quantum Cloud service is D-Wave's quantum computing platform that provides users with quantum optimisation competencies for AI and ML tasks. It pairs quantum processing with traditional resources to assist on various tasks such as model training, optimisation and practical applications like supply chain optimisation.
What Are the Key Segments in the Quantum Artificial Intelligence (AI) Market?
The quantum artificial intelligence (ai)market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Deployment Model: Cloud-Based, On-Premises
3) By Application: Machine Learning And Optimization, Cryptography And Security, Simulation And Modeling, Other Applications
Subsegments:
1) By Software: Quantum Machine Learning Algorithms, Quantum Ai Development Frameworks, Quantum Software Development Kits (Sdks), Quantum Computing Simulators, Quantum Programming Languages (Qiskit, Cirq)
2) By Hardware: Quantum Processors Or chips, Quantum Computers (Superconducting Qubits, Trapped Ions), Quantum Sensors And Detectors, Quantum Coherent Systems, Quantum Control Systems
3) By Services: Quantum Cloud Computing Services, Quantum Consulting And Integration Services, Quantum Ai Training And Education Services, Quantum Algorithm Design And Optimization Services, Quantum Research And Development Services
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Who Are the Key Players Shaping the Quantum Artificial Intelligence (AI) Market's Competitive Landscape?
Major companies operating in the quantum artificial intelligence (AI) market are Google LLC, Microsoft Corporation, Alibaba Cloud, AT&T Inc., Amazon Web Services Inc., plc, 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
What Geographic Markets Are Powering Growth in the Quantum Artificial Intelligence (AI) Market?
North America was the largest region in the quantum AI market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quantum artificial intelligence (AI) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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