openPR Logo
Press release

Quantum Computing Market Will Attain US$ 23 Bn by 2025

03-29-2018 11:29 AM CET | Media & Telecommunications

Press release from: Persistence Market Research

Optimization and management of information, harvested within an organization or from different parts of the world entails, entails the employment of efficient computing processes to handle ever-expanding data workloads. To achieve this, enterprises or government-backed organizations are adopting quantum computing, and processing data in qubits. Through quantum computing, companies can search files across large databases instantaneously, assessing data quicker than conventional computing.

Persistence Market Research’s new study on global market for quantum computing emphasizes the monumental impact of rising need for high-level computing on the market’s growth. In 2017, the global quantum computing market is anticipated to be valued at US$ 2.7 Bn. Governments of developed and developing countries are investing in quantum computing to accelerate their research operations, while commercialization of quantum computing is also gaining traction. On the grounds of such drivers, more than US$ 23 Bn revenues are anticipated to be reaped through adoption of quantum computing across the globe by the end of 2025. During this decadal forecast period, the global market for quantum computing is expected to expand exponentially at a stellar CAGR of 30.9%.

The study on global quantum computing market has analyzed the market on the basis of components – hardware and software. With development of cloud-enabled quantum computing platform, new software are expected to transform the market’s expansion even further. The demand for effective quantum computing hardware is also expected to witness lucrative boost, although manufacturers will be put to test while developing hardware with flexible computing abilities.

Request Sample Report@ https://www.persistencemarketresearch.com/samples/14758

According to the study, the competitive landscape of global quantum computing market is divided into two tiers of computing vendors. With more than 90% share, tier 1 quantum computing vendors are companies developing hardware, while the remaining 10% of the market is governed by developers of quantum computing software applications. The top five players in the global quantum computing market are profiled below:

Companies such as 1QB Information Technologies Inc., QC Ware Corp., and QbitLogic are observed to be leading developers of quantum computing software applications. Other key players in the global quantum computing market include Rigetti Computing., Anyon Systems Inc., Cambridge Quantum Computing Ltd., IDQ, IonQ Inc., Quantum Circuits, Inc., Alibaba Quantum Computing Laboratory, Nokia Bell Labs, Hewlett Packard, Booz Allen Hamilton Inc., Toshiba Research Europe Ltd., USC Lockheed Martin Quantum Computation Center, , QuantumCTek Co., Ltd, SeeQC, SPARROW

Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/quantum-computing-market/toc

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

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 Will Attain US$ 23 Bn by 2025 here

News-ID: 997442 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Quantum

Quantum-South joins IBM Quantum Network to explore quantum computing application …
Potentially faster and more effective ways of optimizing shipping logistics are being explored in Latin America The Uruguayan start-up has become the first Latin American company to join the IBM Quantum Network. They will focus on exploring quantum computing applications to optimize the air and maritime cargo industry. Quantum-South, the Uruguay-based start-up, has joined the IBM Quantum Network to apply quantum computing to the advancement of the air and maritime cargo industry,
Quantum Brilliance and Quantum-South partner to implement logistics optimization …
Quantum startups from Australia and South America collaborating to demonstrate quantum utility in air and marine cargo logistics. Canberra, Australia and Montevideo, Uruguay, April 19, 2021 -- Quantum Brilliance and Quantum-South today announced a partnership to jointly develop and market of complementary products and technology in shipping logistics optimization. The companies will be performing proof of concept implementations with air and marine cargo companies to demonstrate the potential ofquantum computing for solving
Defining the Future of Quantum Computing Technologies Market with New Trends | A …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. This report throws light on different attributes. It helps to present the research on global products of different types along with their applications. For technical analysis of Quantum Computing technologies market, the report analyzes the leading suppliers based on the technology platforms. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum
Quantum Computing Technologies Market 2019: Top Key Players are Airbus Group, Ca …
Quantum Computing Technologies Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ - https://www.researchreportsworld.com/enquiry/request-sample/13796983 Global Quantum Computing Technologies market 2019 research provides a basic overview of the industry
Quantum Computing Technologies Market Defining the Future with New Trends: Airbu …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum effects to significantly augment the performance over that of existing conventional technologies. There is intensifying indication that many of these quantum technologies are ready to evolution into commercial products. This report uses an exploratory technique, such as primary and secondary research,
Quantum Computing Technologies 2018 Global Market Key Players – Airbus Group, …
WiseGuyRerports.com Presents “Global Quantum Computing Technologies Market Size, Status and Forecast 2018-2025” New Document to its Studies Database In 2017, the global Quantum Computing Technologies market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Quantum Computing Technologies status, future forecast, growth opportunity, key market and key players. The study objectives are