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Quantum Computing Market to grow at a CAGR of 35.12% with Increasing Expenditure by Stakeholders

02-23-2018 08:19 AM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. It includes three states, namely 1, 0 as well as the superposition of 1 and 0. Superposition indicates that two states exist at the same time. These bits are known as quantum bits or qubits. The global quantum computing market consists of the hardware that is required to develop quantum computers and its peripherals.

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The popularity of quantum mechanics in cryptography is increasing because they are highly used in the encryption of information. This resulted in the emergence of quantum cryptography. Quantum cryptography is a technology that involves the use of quantum mechanics along with cryptography. The key principle of this technology is based on the application of physics and is used to develop security models. Quantum key distribution (QKD) is the main technique that is used for quantum cryptography.

Key vendors
-D-Wave Systems
-Google
-IBM
-Intel
-Microsoft

Other prominent vendors
-1QB Information Technologies
-Anyon Systems
-Cambridge Quantum Computing
-ID Quantique
-IonQ
-QbitLogic
-QC Ware
-Quantum Circuits

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Market driver
-Increasing expenditure by stakeholders

Market challenge
-Quantum decoherence

Market trend
-Growth of AI and machine learning

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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