Quantum Computing Market Research Report - Global Forecast till 2030

Quantum Computing Market: By Application (Optimization, Machine Learning, Simulation and Others), By Product Type (Hardware, Software and Services) and By Vertical (Aerospace & Defense, BFSI, Energy & Power, Healthcare, Information Technology & Telecommunication, Transportation and Others) - Forecast till 2030

ID: MRFR/ICT/1943-CR | February, 2020 | Region : Global

1 Executive Summary

2 Market Introduction

2.1 Definition 15

2.2 Scope Of The Study 15

3 Research Methodology

3.1 Research Process 17

3.2 List Of Assumptions 21

3.3 Forecast Model 22

4 Market Dynamics

4.1 Introduction 24

4.2 Drivers 25

4.2.1 Early Adoption Of Quantum Computing In BFSI Sector 25

4.2.2 Increasing Government Investments 25

4.3 Restraints 25

4.3.1 Complexities In Implementation And Operation 25

4.4 Challenges 26

4.4.1 Need For Highly Skilled Employees 26

4.5 Opportunities 26

4.5.1 Growing Application Scope 26

4.6 Supply Chain Analysis 27

4.6.1 Raw Material Suppliers 27

4.6.2 Quantum Computing Hardware Manufacturers 27

4.6.3 Quantum Computing Software Providers 27

4.6.4 End Users 28

4.7 Porter’s Five Forces Model 28

4.7.1 Threat Of New Entrants 28

4.7.2 Bargaining Power Of Suppliers 29

4.7.3 Bargaining Power Of Buyers 29

4.7.4 Threat Of Substitutes 29

4.7.5 Intensity Of Rivalry 29

5 Global Quantum Computing Market, By Product Type

5.1 Overview 31

5.1.1 Hardware 32

5.1.2 Software 32

5.1.3 Services 32

6 Global Quantum Computing Market, By Application

6.1 Overview 34

6.1.1 Optimization 35

6.1.2 Machine Learning 35

6.1.3 Simulation 35

6.1.4 Others 35

7 Global Quantum Computing Market, By Vertical

7.1 Overview 37

7.1.1 Aerospace And Defence 38

7.1.2 IT And Telecommunication 38

7.1.3 BFSI 38

7.1.4 Healthcare 38

7.1.5 Transportation 38

7.1.6 Energy And Power 39

7.1.7 Others 39

8 Global Quantum Computing Market, By Region

8.1 Introduction 41

8.2 North America 42

8.2.1 US 46

8.2.2 Canada 48

8.2.3 Mexico 50

8.3 Europe 52

8.3.1 UK 56

8.3.2 Germany 58

8.3.3 France 60

8.3.4 Russia 62

8.3.5 Spain 64

8.3.6 Rest Of Europe 66

8.4 Asia-Pacific 68

8.4.1 China 73

8.4.2 Japan 75

8.4.3 South Korea 77

8.4.4 Taiwan 79

8.4.5 Rest Of Asia-Pacific 81

8.5 Rest Of The World 83

8.5.1 Middle East 87

8.5.2 Latin America 89

9 Competitive Landscape

9.1 Competitive Overview 92

10 Company Profiles

10.1 QRA Corp. 95

10.1.1 Company Overview 95

10.1.2 Products/Solution Offered 95

10.1.3 Key Developments 95

10.1.4 SWOT Analysis 96

10.1.5 Key Strategy 96

10.2 Intel Corporation 97

10.2.1 Company Overview 97

10.2.2 Financial Overview 97

10.2.3 Products/Solution Offered 98

10.2.4 Key Developments 98

10.2.5 SWOT Analysis 98

10.2.6 Key Strategy 98

10.3 D-Wave Systems Inc. 99

10.3.1 Company Overview 99

10.3.2 Products/Solution Offered 99

10.3.3 Key Developments 99

10.3.4 SWOT Analysis 100

10.3.5 Key Strategy 100

10.4 Cambridge Quantum Computing Ltd 101

10.4.1 Company Overview 101

10.4.2 Products/Solution Offered 101

10.4.3 Key Developments 101

10.4.4 SWOT Analysis 102

10.4.5 Key Strategy 102

10.5 QC Ware Corp. 103

10.5.1 Company Overview 103

10.5.2 Key Developments 103

10.5.3 SWOT Analysis 104

10.5.4 Key Strategy 104

10.6 Rigetti & Co, Inc. 105

10.6.1 Company Overview 105

10.6.2 Products/Solution Offered 105

10.6.3 Key Developments 105

10.6.4 SWOT Analysis 106

10.6.5 Key Strategy 106

10.7 QxBranch, Inc. 107

10.7.1 Company Overview 107

10.7.2 Products/Solution Offered 107

10.7.3 Key Developments 107

10.7.4 SWOT Analysis 108

10.7.5 Key Strategy 108

10.8 IBM Corporation 109

10.8.1 Company Overview 109

10.8.2 Financial Overview 109

10.8.3 Products/Solution Offered 110

10.8.4 Key Developments 110

10.8.5 SWOT Analysis 110

10.8.6 Key Strategy 110

10.9 Google 111

10.9.1 Company Overview 111

10.9.2 Financial Overview 111

10.9.3 Products/Services Offered 112

10.9.4 Key Developments 112

10.9.5 SWOT Analysis 112

10.9.6 Key Strategy 112

10.10 Quantum Circuits, Inc. 113

10.10.1 Company Overview 113

10.10.2 Products/Services Offered 113

10.10.3 Key Developments 113

10.10.4 SWOT Analysis 113

10.10.5 Key Strategy 114

10.11 Atos SE 115

10.11.1 Company Overview 115

10.11.2 Financial Overview 115

10.11.3 Products/Services Offered 116

10.11.4 Key Developments 116

10.11.5 SWOT Analysis 116

10.11.6 Key Strategy 116

 

11 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 21

TABLE 2 GLOBAL QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 31

TABLE 3 GLOBAL QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 34

TABLE 4 GLOBAL QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 37

TABLE 5 GLOBAL QUANTUM COMPUTING MARKET, BY REGION, 2020–2027 (USD MILLION) 41

TABLE 6 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 42

TABLE 7 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 43

TABLE 8 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 44

TABLE 9 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 45

TABLE 10 US: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 46

TABLE 11 US: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 46

TABLE 12 US: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 47

TABLE 13 CANADA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 48

TABLE 14 CANADA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 48

TABLE 15 CANADA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 49

TABLE 16 MEXICO: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 50

TABLE 17 MEXICO: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 50

TABLE 18 MEXICO: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 51

TABLE 19 EUROPE: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 53

TABLE 20 EUROPE: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 54

TABLE 21 EUROPE: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 54

TABLE 22 EUROPE: QUANTUM COMPUTING MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 55

TABLE 23 UK: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 56

TABLE 24 UK: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 56

TABLE 25 UK: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 57

TABLE 26 GERMANY: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 58

TABLE 27 GERMANY: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 58

TABLE 28 GERMANY QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 59

TABLE 29 FRANCE: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 60

TABLE 30 FRANCE: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 60

TABLE 31 FRANCE: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 61

TABLE 32 RUSSIA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 62

TABLE 33 RUSSIA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 62

TABLE 34 RUSSIA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 63

TABLE 35 SPAIN: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 64

TABLE 36 SPAIN: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 64

TABLE 37 SPAIN: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 65

TABLE 38 REST OF EUROPE: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 66

TABLE 39 REST OF EUROPE: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 66

TABLE 40 REST OF EUROPE: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 67

TABLE 41 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 69

TABLE 42 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 70

TABLE 43 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 71

TABLE 44 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 72

TABLE 45 CHINA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 73

TABLE 46 CHINA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 73

TABLE 47 CHINA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 74

TABLE 48 JAPAN: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 75

TABLE 49 JAPAN: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 75

TABLE 50 JAPAN: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 76

TABLE 51 SOUTH KOREA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 77

TABLE 52 SOUTH KOREA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 77

TABLE 53 SOUTH KOREA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 78

TABLE 54 TAIWAN: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 79

TABLE 55 TAIWAN: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 79

TABLE 56 TAIWAN: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 80

TABLE 57 REST OF ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 81

TABLE 58 REST OF ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 81

TABLE 59 REST OF ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 82

TABLE 60 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 83

TABLE 61 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 84

TABLE 62 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 85

TABLE 63 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 86

TABLE 64 MIDDLE EAST: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 87

TABLE 65 MIDDLE EAST: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 87

TABLE 66 MIDDLE EAST: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 88

TABLE 67 LATIN AMERICA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 89

TABLE 68 LATIN AMERICA: QUANTUM COMPUTING MARKET, BY POWER SOURCE, 2020–2027 (USD MILLION) 89

TABLE 69 LATIN AMERICA: QUANTUM COMPUTING MARKET, BY COMPONENT, 2020–2027 (USD MILLION) 90

 

12 List Of Figures

FIGURE 1 GLOBAL QUANTUM COMPUTING MARKET: MARKET STRUCTURE 15

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 21

FIGURE 3 DROC ANALYSIS OF GLOBAL QUANTUM COMPUTING MARKET 24

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL QUANTUM COMPUTING MARKET 28

FIGURE 5 GLOBAL QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 31

FIGURE 6 GLOBAL QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 34

FIGURE 7 GLOBAL QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 37

FIGURE 8 GLOBAL QUANTUM COMPUTING MARKET, BY REGION, 2020–2027 (USD MILLION) 41

FIGURE 9 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 42

FIGURE 10 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 43

FIGURE 11 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 44

FIGURE 12 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 45

FIGURE 13 EUROPE: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 52

FIGURE 14 EUROPE: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 53

FIGURE 15 EUROPE: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 54

FIGURE 16 EUROPE: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 55

FIGURE 17 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 68

FIGURE 18 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 69

FIGURE 19 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 70

FIGURE 20 ASIA-PACIFIC: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 71

FIGURE 21 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 83

FIGURE 22 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION) 84

FIGURE 23 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 85

FIGURE 24 REST OF THE WORLD: QUANTUM COMPUTING MARKET, BY VERTICAL, 2020–2027 (USD MILLION) 86

FIGURE 25 GLOBAL QUANTUM COMPUTING KEY PLAYERS MARKET SHARE ANALYSIS, 2020 (%) 92 

Quantum Computing Market

The Quantum Computing Market is estimated to reach USD 18.16 Billion by registering a 34.3% CAGR during the forecast period (2020-2030).

Segmentation

By Application Optimization Machine Learning Simulation
By Product Type Hardware Software Services
By Vertical Aerospace & Defense BFSI Energy & Power Healthcare Information Technology & Telecommunication Transportation

Key Players

  • Intel Corporation
  • Atos SE
  • Cambridge Quantum Computing Ltd.
  • IBM Corporation
  • Rigetti & Co Inc.
  • D-Wave Systems Inc.

Drivers

  • Widespread Quantum Computing Applications
  • Increasing implementations of machine learning.
Speak to Analyst Request a Free Sample