Uploaded on Jul 31, 2019
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 princip
Global Quantum Computing Market
Global Quantum
Computing Market
Publish By:
Accurize Market Research
Global Quantum Computing Market
is Estimated to Reach $495 Million
by 2023, Says Accurize Market
ReGsloebaarl cQhuantum Computing Market report
published by Accurize Market Research
forecast that the global market is expected
to reach $495 million by 2023; growing at a
CAGR of 29% from 2017 to 2025. By
geography, Asia Pacific and North America
are expected to grow at a CAGR of XX% and
XX%, respectively, during the forecast
period.
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Increasing occurrences of cybercrimes, rising investment by
various government organizations and growing execution of
this technology in defense & automotive sector to drive the
growth of the market
Increasing occurrences of cybercrimes, rising investment by various
government organizations and growing execution of this technology
in defense & automotive sector fuels the demand for the global
quantum computing market. Furthermore, practice of quantum
cryptography to protect mobile transactions, and rise in
implementation of this technology in drug discovery also boosts the
growth of the market.
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Market Segmentation
The global quantum computing market has been bifurcated
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 defense, chemicals, banking &
finance, energy & power, and healthcare & pharmaceuticals.
Classification by application includes simulation, optimization,
and sampling.
By geography the 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.
Top players in the market
The key players operational in the market includes
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.
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