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Global Quantum Computing Market: Size, and Trends with Impact of COVID-19 and Forecast up to 2027

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Global Quantum Computing Market: Size, and Trends with Impact of COVID-19 and Forecast up to 2027

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In 2021, the global quantum computing market was valued at US$442.32 million> and is anticipated to grow to US$3295.97 million by 2027. For more: info@daedal-research.com

In 2021, the global quantum computing market was valued at US$442.32 million> and is anticipated to grow to US$3295.97 million by 2027. For more: info@daedal-research.com

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Global Quantum Computing Market: Size, and Trends with Impact of COVID-19 and Forecast up to 2027

  1. 1. Global Quantum Computing Market: Analysis By Component (Hardware, Software, and Services); By Application (Optimization, Machine Learning, and Material Simulation); By Technology (Superconducting, Quantum Annealing, Trapped Ion, Quantum Dot, and Others); By End-user (Finance & Investment, Transportation & Logistics, Aerospace, Agriculture, Automotive, Energy, Healthcare, Information Technology, Life sciences, Manufacturing, Oil, Gas, and Mining, and Others); By Region Size, and Trends with Impact of COVID-19 and Forecast up to 2027 November 2022
  2. 2. Executive Summary and Scope Introduction/Market Overview Global Market Analysis Regional Market Analysis Impact Of COVID 19 Dynamics Competitive Landscape Company Profiling Global Quantum Computing Market: Coverage
  3. 3. Global Quantum Computing Market : Coverage Attributes Details Title Global Quantum Computing Market: Analysis By Component (Hardware, Software, and Services); By Application (Optimization, Machine Learning, and Material Simulation); By Technology (Superconducting, Quantum Annealing, Trapped Ion, Quantum Dot, and Others); By End-user (Finance & Investment, Transportation & Logistics, Aerospace, Agriculture, Automotive, Energy, Healthcare, Information Technology, Life sciences, Manufacturing, Oil, Gas, and Mining, and Others); By Region Size, and Trends with Impact of COVID-19 and Forecast up to 2027 Coverage Global and Regional Regional Coverage North America (The US, Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, and Rest of the Asia Pacific), Latin America, and Middle East and Africa Market Influencing Variables Growth Drivers, Challenges, Market Trends Forecast Period of Market 2022-2027 Competition in the Market Fragmented Key Players Amazon.Com, Inc. (Amazon Web Services, Inc.), Microsoft Corp. (Microsoft Azure), Alphabet Inc. (Google Cloud Platform), Alibaba Group (Alibaba Cloud), IBM, Intel Corporation, Nvidia Corporation, Toshiba Corporation, Rigetti Computing, Quantum Computing Inc., D-Wave Systems Inc., Zapata Computing, Xanadu Quantum Technologies Inc., QC Ware Corp., and Ion Q Scope of the Report
  4. 4. Global Quantum Computing Market : Coverage Quantum computing is an emerging technology that leverages the laws of quantum mechanics to address problems that are too complex for traditional computers. The term 'Quantum' is derived from the physics concept of Quantum Mechanics, which describes the physical properties of electrons and photons. The global quantum computing market in 2021 was valued at US$442.32 million. The market would reach US$3295.97 million by 2027, growing at a CAGR of 39.88%, during the forecast period of 2022-2027. The global quantum computing market can be segmented based on component (Hardware, Software, and Services); application (Optimization, Machine Learning, and Material Simulation); technology (Superconducting, Quantum Annealing, Trapped Ion, Quantum Dot, and Others); and end-user (Finance & Investment, Transportation & Logistics, Aerospace, Agriculture, Automotive, Energy, Healthcare, Information Technology, Life sciences, Manufacturing, Oil, Gas, and Mining, and Others). Among the component, hardware segment lead the market with the maximum share, whereas services segment is expected to be the highest growing component. North America is leading the global quantum computing market, driven by the presence of key technology providers such as Google, Intel, IBM Corporation, and various others. The COVID-19 breakout had a significant impact on the global growth of computing services. The alarming rise in COVID patients, as well as the advent of new viral strains, has prompted the adoption of work-from-home and digitization. Rapid digitization and the adoption of smart software boosted quantum technology adoption in 2020. The pandemic has emphasized society's need for faster optimization computations and more accurate numerical models, both of which quantum computers excel at. The global quantum computing market observed progressive growth in the past few years and anticipations are made that during the forecasted period (2022-2027), the market would further augment at an escalating growth rate. The global quantum computing market growth is predicted to be supported by numerous growth drivers such as rise in investments in quantum technology, increase in quantum computing start-ups, increasing number of strategic partnerships & collaborations, increase in demand for high performance computing, increasing use of quantum computing in drug development, and many other factors. Conversely, the market growth would be negatively impacted by various challenges such as high cost of quantum computing solutions, stability and error-correction issue, etc. Moreover, the market growth would succeed to various market trends like increasing adoption of cloud-based quantum computing, integration of quantum computing with IoT (internet of things), popularity of quantum mechanics in cryptography, etc. Executive Summary
  5. 5. Quantum Computing Market : Global Analysis Global Quantum Computing Market by Value Global quantum computing market was valued at US$... million in 2021 and is anticipated to reach up to US$... million by 2027 from US$... million in 2022, with a CAGR of xx%. CAGR 2017-2021 xx% 2022-2027 xx% 2017 2018 2019 2020 2021 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million
  6. 6. Global Quantum Computing Market by Component; 2021 Quantum Computing Market: Global Analysis Global Quantum Computing Market by Application; 2021 Component Share Hardware xx% Software xx% Services xx% Application Share Optimization xx% Machine Learning xx% Material Simulation xx% Global Quantum Computing Market by Technology; 2021 Technology Share Superconducting xx% Quantum Annealing xx% Trapped Ion xx% Quantum Dot xx% Others xx%
  7. 7. Global Quantum Computing Market by End-User; 2021 Quantum Computing Market: Global Analysis End-User Share Life sciences xx% Finance & Investment xx% Automotive xx% Oil, Gas, & Mining xx% Manufacturing xx% Transportation & Logistics xx% Aerospace xx% Agriculture xx% Energy xx% Information Technology xx% Healthcare xx% Others xx%
  8. 8. Global Quantum Computing Market by Region; 2021 North America, xx% Europe, xx% Asia Pacific, xx% Latin America, xx% Middle East and Africa, xx% Quantum Computing Market: Global Analysis
  9. 9. Quantum Computing Market: Component Analysis Global Hardware Quantum Computing Market by Value Global Software Quantum Computing Market by Value Component CAGR (2022-2027) Hardware xx% Software xx% Services xx% 2022 2023 2024 2025 2026 2027 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million
  10. 10. Quantum Computing Market: Application Analysis Global Optimization Quantum Computing Market by Value Global Machine Learning Quantum Computing Market by Value 2022 2023 2024 2025 2026 2027 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million Application CAGR (2022-2027) Optimization xx% Machine Learning xx% Material Simulation xx%
  11. 11. Quantum Computing Market: Technology Analysis Global Superconducting Quantum Computing Market by Value Global Quantum Annealing Computing Market by Value 2022 2023 2024 2025 2026 2027 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million Technology CAGR (2022-2027) Superconducting xx% Quantum Annealing xx% Trapped Ion xx% Quantum Dot xx% Others xx%
  12. 12. Quantum Computing Market: End-User Analysis Global Life Sciences Quantum Computing Market by Value Global Finance & Investment Quantum Computing Market by Value 2022 2023 2024 2025 2026 2027 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million End-User CAGR (2022- 2027) Life sciences xx% Finance & Investment xx% Automotive xx% Oil, Gas, & Mining xx% Manufacturing xx% Transportation & Logistics xx% Aerospace xx% Agriculture xx% Energy xx% Information Technology xx% Healthcare xx% Others xx%
  13. 13. Quantum Computing Market: Regional Analysis North America Quantum Computing Market by Value Europe Quantum Computing Market by Value Region CAGR (2022-2027) North America xx% Europe xx% Asia Pacific xx% Latin America xx% Middle East and Africa xx% 2022 2023 2024 2025 2026 2027 US$ Million 2022 2023 2024 2025 2026 2027 US$ Million
  14. 14. North America Quantum Computing Market: An Analysis North America Quantum Computing Market by Region; 2021 Region Share (2021) CAGR (2022-2027) The US xx% xx% Canada xx% xx% Mexico xx% xx%
  15. 15. The US Quantum Computing Market: End-User Analysis The US Quantum Computing Market by End-User; 2021 End-User Share CAGR (2022-2027) Finance & Investment xx% xx% Aerospace xx% xx% Automotive xx% xx% Energy xx% xx% Others xx% xx%
  16. 16. Europe Quantum Computing Market: An Analysis Europe Quantum Computing Market by Region; 2021 Region Share (2021) CAGR (2022-2027) Germany xx% xx% UK xx% xx% France xx% xx% Italy xx% xx% Spain xx% xx% Rest of Europe xx% xx%
  17. 17. Asia Pacific Quantum Computing Market: An Analysis Asia Pacific Quantum Computing Market by Region; 2021 Region Share (2021) CAGR (2022-2027) China xx% xx% Japan xx% xx% India xx% xx% Rest of Asia Pacific xx% xx%
  18. 18. Global Quantum Computing Market: Dynamics Growth Driver •Rising Investment in Quantum Technology •Increase in Demand for High Performance Computing Challenges •High Cost of Quantum Computing Solutions •Stability and Error-correction Issue Market Trends •Increasing Adoption of Cloud-Based Quantum Computing •Popularity of Quantum Mechanics in Cryptography
  19. 19. Global Quantum Computing Market: Competitive Landscape  Amazon.Com, Inc. (Amazon Web Services, Inc.)  Microsoft Corp. (Microsoft Azure)  Alphabet Inc. (Google Cloud Platform)  Alibaba Group (Alibaba Cloud)  IBM  Intel Corporation  Nvidia Corporation Players Profiled  Toshiba Corporation  Rigetti Computing  Quantum Computing Inc.  D-Wave Systems Inc.  Zapata Computing  Xanadu Quantum Technologies Inc.  QC Ware Corp.  Ion Q
  20. 20. Title : Global Quantum Computing Market: Analysis By Component (Hardware, Software, and Services); By Application (Optimization, Machine Learning, and Material Simulation); By Technology (Superconducting, Quantum Annealing, Trapped Ion, Quantum Dot, and Others); By End-user (Finance & Investment, Transportation & Logistics, Aerospace, Agriculture, Automotive, Energy, Healthcare, Information Technology, Life sciences, Manufacturing, Oil, Gas, and Mining, and Others); By Region Size, and Trends with Impact of COVID-19 and Forecast up to 2027 Published : November 2022 Pages : 187 Price : US$ 2450 (Single-User License) : US$ 4450 (Corporate License) For more details please contact Mr. Rajeev Kumar: Tel: +91-120-4553017 (9.30 am - 6.30 pm) IST Mobile: +91-9811715635 (24 X7) Enquiries: info@daedal-research.com Daedal Research Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.

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