Quantum Computing Market, by Revenue Source (Hardware, Software, Services), Application (Simulation, Optimization, Sampling), Industry (Defense, Healthcare & Pharmaceuticals, Chemicals, Banking & Finance, Energy & Power) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

Quantum computing is used in various industries such as defense, healthcare, banking, and many more. With so many applications, the global quantum computing market is growing at a fast-pace. Quantum computers can solve problems that the traditional computers are unable to solve. Medical science is also making use of quantum computing technology and boosting the market growth. This report studies the current and future aspects of the quantum computing market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the quantum computing market. The scope of this report covers the quantum computing market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

• In-depth analysis of the market ecosystem and its impact on the revenue growth
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

• The global quantum computing market is growing at a steady pace during the forecasted period because of rise in cybercrime. Quantum computing ensures a safer and faster transaction which is contributing towards the market growth.
• Quantum computing is also gaining popularity in energy and power industry specifically in nuclear and renewable sectors, which is creating newer growth opportunities for the market.
• Due to advancement in technology there is huge investment made for the research and development activities which is contributing towards the growth of the quantum computing market.

The global quantum computing market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor for the quantum computing market. The region is dominant because of increasing demand for quantum computing technology to solve complex issues in banking and defense industry. Next in line is the Asia Pacific region, which is witnessing a rapid market growth due to industrialization and need for quantum computing to fulfill needs of advancing technology.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s quantum computing market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the quantum computing market by the following segments:

• Quantum Computing Market, by Revenue Source
  • Hardware
  • Software
  • Services
• Quantum Computing Market, by Application
  • Simulation
  • Optimization
  • Sampling
• Quantum Computing Market, by Industry
  • Defense
  • Healthcare & Pharmaceuticals
  • Chemicals
  • Banking & Finance
  • Energy & Power

KEY MARKET PLAYERS

Key players in the quantum computing market include:

• Wave Systems Inc.
• Qxbranch, LLC
• International Business Machines Corporation (IBM)
• Cambridge Quantum Computing Ltd
• 1qb Information Technologies Inc.
• QC Ware Corp.
• Magiq Technologies Inc.
• Station Q - Microsoft Corporation
• Rigetti Computing
• Research at Google – Google Inc.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

• NORTH AMERICA
  • U.S.
  • Rest of North America
• EUROPE
  • France
  • Germany
  • U.K.
  • Rest of Europe
• ASIA-PACIFIC
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• MIDDLE EAST & AFRICA
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• LATIN AMERICA
  • Brazil
  • Rest of Latin America

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