Quantum Computing Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Global Quantum Computing Market is projected to be valued $XX Billion by 2024; with a CAGR of XX% from 2017 to 2025. Quantum computing is the area of study focused on developing computer technology based on the principles of quantum theory, which explains the nature and behavior of energy and matter at the atomic and subatomic level. Quantum computing having the properties of quantum physics to process information.Quantum computing has the potential to solve some of the world’s toughest challengesoperating with nanoscale components at temperatures lower than intergalactic space. A quantum computer is proficient to perform improbable number of calculations simultaneously.

The growth of global quantum computing market is majorly driven by factors such as increasing incidences of cybercrimes, rising investment by various government organizations, and growing implementation of this technology in defence& automotive sector. However, presence of alternate technology and unwillingness to accept new technology by end-users are the major drawback for the market restricting the growth. Moreover, usage of quantum cryptography to protect mobile transactions, and rise in adoption of this technology in drug discovery is expected to generate several growth opportunities for the market in the coming future.

The global quantum computing market is mainly classified on the basis of revenue source, industry vertical, application, and geography. The revenue source is classified into hardware, software, and services. By industry vertical, the segment is divided into defence, chemicals, banking & finance, energy & power, and healthcare & pharmaceuticals. Classification by application includes simulation, optimization, and sampling.

Based on geography, global mixed reality market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).  North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Major companies operating in the global Quantum Computingmarket are Microsoft Corporation, Google Inc., Intel Corporation, IBM Corporation, Nokia Technologies, Fujitsu, Toshiba Corporation, QC Ware Corp.,D-Wave Systems Inc., and Cambridge Quantum Computing Limited, among others.

The key takeaways from the report

• The detailed analysis of Global Quantum Computing Marketwith respect to key segments such as revenue source, industry vertical, applicationand geography has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including Growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Global Quantum Computing Markethas been covered in the report
• Profile of the major key players operating in the Global Quantum Computing Marketwill be provided, with detailed study on their key financials, product & services, new developments and business strategies.

Scope of Global Quantum Computing Market

Revenue Source Segments

• Hardware
• Software
• Services

Industry Vertical Segments

• Defence
• Chemicals
• Banking & finance
• Energy & Power
• Healthcare & Pharmaceuticals

Application Segments

• Simulation
• Optimization
• Sampling

Geographical Segments

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Russia
• Germany
• France
• Italy
• Rest of Europe
• Asia-Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia-Pacific
• RoW
• South America
• Middle East
• Africa