Quantum Computing: Technology and Global Markets to 2028

Reporting scope:. In this report, the quantum computing market has been segmented based on provision, implementation, technology, application, end-user industry, and region. The report provides an overview of the global quantum computing market and analysis of market trends.

New York, September 4, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of its report “Quantum Computing: Technology and Global Markets to 2028” – https://www.reportlinker. com/p05480379/?utm_source= GNW

Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028.

The revenue forecast for this period is broken down into:
Offer: service and system.
Deployment method: on-premises and cloud-based.
Technologies: trapped ions, quantum annealing, superconducting qubits and others.
Applications: quantum-assisted optimization, quantum simulation, and quantum-assisted machine learning.
End-user industries: banking and finance, IT and telecommunications, healthcare and pharmaceuticals, space and defense, energy and electricity, transportation and logistics, academia, government, chemicals and others .
Region: North America is divided into the United States, Canada and Mexico; Europe is divided into Great Britain, France, Germany and the Rest of Europe; Great Britain is further divided into England, Wales, Scotland and Northern Ireland; Asia-Pacific (APAC) is divided into China, Japan, India and the rest of Asia-Pacific; The rest of the World is divided into the Middle East, Africa and Latin America.
COVID-19 has had a major impact on society since the beginning of 2020. This report looks at the impact of COVID-19 and the economic downturn it created.

With people becoming more dependent on technology, the demand for quantum computing will increase and drive the market growth. The report also focuses on key trends and challenges affecting the market and supplier landscape.

This report is prepared in a simple, easy-to-understand format, with lots of tables and charts/figures. The scope of the report includes detailed global and regional market research for quantum computing, along with reasons given for the change in industry growth rates in certain regions. .

The report looks at each component of quantum computing technology, determining current market size and future market estimates. The report also analyzes the market from the producer’s point of view as well as that of the end consumer.

Several technical problems arising from the use of quantum computing technology will be discussed and solutions indicated.

The report includes:
– 43 data tables and 45 additional tables
– An up-to-date assessment of the global market for quantum computing technology
– Market size estimation and global market trend analysis, with data from 2022, estimates for 2023, and projected compound annual growth rate (CAGR) through 2028
– Evaluate and forecast the global quantum computing market size in dollar terms and analyze the corresponding market share by product, application, end-user industry and region
– Identify quantum computing technologies and products with the greatest commercial potential
– Covers recent advances in quantum computing with environmental, social and corporate governance (ESG) developments as well as information on Japan’s first superconducting quantum computer by Nippon Telegraph and Telephone Corporation (NTT) launched.
– Assess the key drivers and constraints that will shape the quantum computing market over the next ten years and discuss upcoming market opportunities and focus areas to forecast the market into segments and different segments
– Identify companies best positioned to meet this need through their proprietary technology, strategic alliances or other advantages
– Evaluation of key patent grants and new technologies in the field of quantum computing
– Insights into recent industry strategies, such as M&As, joint ventures, partnerships, and licensing deals now focused on quantum computing products and services
– Company profiles of major industry players, including Alphabet Inc. (Google LLC), Amazon.com Inc., International Business Machines (IBM) Corp. and Microsoft Corp.

Summary:
Quantum computing is the door to the future. It could revolutionize computation by making certain types of stubborn problems solvable.

Currently, there are no quantum computers mature enough to perform calculations that traditional computers cannot, but great advances have been made in the last few years. A number of startups large and small are using error-free quantum computers made up of dozens of qubits, some of which are even publicly accessible via the cloud.

Quantum computing helps scientists accelerate discovery in related fields, such as machine learning and artificial intelligence.

This report has segmented the global quantum computing market based on offering, technology, deployment method, application, end-user industry, and region. Based on offering, the market is segmented into systems and services.

The service memory segment holds the largest market share and is expected to experience the highest CAGR, at REDACTED%, during the forecast period. The services segment includes quantum computing as a service (QCaaS) and consulting services.

The quantum computing market by application is segmented into quantum-assisted optimization, quantum simulation, quantum-assisted machine learning, and quantum cryptography. Quantum powered optimization segment dominates the market, holding more than REDACTED% market share by 2022.

For end-user industries, the market includes banking and finance, information technology, healthcare and pharmaceuticals, space and defense, energy and energy, transportation and logistics, academia, government, chemical and other industries. Demand for quantum computers is expected to grow from a variety of end-user industries, from finance to pharmaceuticals, automotive to aerospace.

Academia, government, banking and finance, healthcare, pharmaceutical and chemical industries are expected to be the fastest growing end-user industries during the forecast period.

In terms of geographies, North America holds the highest revenue share of the market in 2022 at USD REDACTED million and is expected to continue to dominate the revenue share with REDACTED value. USD billion by 2028. Strong R&D environment and increasing focus on public-private partnerships to drive adoption and innovation in the field are expected to drive the computing market quantum in North America.

The broad growth of the European quantum market is mainly driven by key factors such as the rush towards quantum computing technologies in the region in various fields such as healthcare, chemicals and pharmaceuticals. Also, its higher application in areas like development and discovery of new drugs, cryptography, cybersecurity and defense sector is likely to drive the market growth during the forecast period.

The APAC region is expected to be the fastest growing regional market for quantum computing during the forecast period. In 2022, China accounts for the majority of demand for quantum computing in APAC due to growing application from end-user industries and increasing R&D activity.

Other Asia-Pacific countries, including Japan, India and South Korea, are supporting the regional market growth.
Read the full report: https://www.reportlinker.com/p05480379/?utm_source=GNW

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