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Home » Our Report Repository » Quantum Computing Market Analysis and Global Forecast (2020-2028) with COVID Impact Analysis
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Quantum Computing Market Analysis and Global Forecast (2020-2028) with COVID Impact Analysis

$ 3,475.00

Quantum Computing Market By Offering (On-Premises, Cloud-Based), By Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits, Others), By Application (Optimization, Simulation, Machine Learning, Others), By End User (Banking & Finance, Space and Defense, Healthcare and Pharmaceuticals, Chemicals, Energy and Power, Transportation and Logistics, Academic, Government) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2021 To 2028

Report Code: EB_ICT_1253 | Page: 171 | Published Date: Upcoming

Categories: Entertainment Technologies, Information and Communication Technology Tags: QUANTUM COMPUTING Companies, QUANTUM COMPUTING Industry, QUANTUM COMPUTING Market Analysis, QUANTUM COMPUTING Market Forecast, QUANTUM COMPUTING Market Growth, QUANTUM COMPUTING Market Restraints, QUANTUM COMPUTING Market Share, QUANTUM COMPUTING Market Size, QUANTUM COMPUTING Market Trends
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  • Research Methodology
Description

The global Quantum Computing market size is estimated to reach $ 2,380.26 Million by 2028 growing at the CAGR of 31.24% from 2021 to 2028. Quantum computing is significantly different from traditional and supercomputers in that it employs technology based on quantum phenomena.  It processes data using quantum bits (qubits). Furthermore, when compared to conventional computers, quantum computing performs difficult calculations competently, which is a primary driver of the quantum computing market’s growth.

Parameters Indicators
Market Size (2020) $ 262.35 Million
CAGR (2021 to 2028) 31.24%
Market Classification Offering, Technology, Application, End-User
Key Companies Profiled IBM, D-Wave systems, Microsoft, Intel, TOSHIBA, QC ware, Cambridge Quantum Computing, Honeywell International, Rigetti Computing, Google
Key Countries/Regions Analyzed US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America
Base Year 2020
Estimated Year 2021
Forecast Years 2022 to 2028

 

Driving Factors

The factors driving for the growth of the global quantum computing market include quantum computing is being adopted early by banking and finance, rising investments in quantum computing technology, and an increase in the number of strategic partnerships and collaborations to promote quantum computing technologies.

Growing demand for quantum computing by the banking and finance industry

Quantum computing is gaining pace in the banking and finance industry that drives the growth of the market and it is focused on accelerating trade activities, transactions, and computation in a variety of ways. Simulation is one of quantum computing’s most promising applications. Quantum computing contributes to the development of a more efficient and cost-effective technique of risk management. When classical computers are employed in financial institutions, processing time and costs for high-quality solutions can increase exponentially, but quantum computers can perform faster processes at lower costs, resulting in cost savings and new income potential.

Rising investments in quantum computing technology

Various government agencies involved in the global space and defence industries are investing more in the development of quantum computing technology so that various optimization and simulation tactics can be executed using quantum computers. Various governments throughout the world are investing heavily in quantum computing research organizations. China is heavily investing in quantum computing technology R&D, and this helps to raise the quantum computing market.

Restraining factors

The factors restraining global Quantum Computing market growth include complexities in quantum computing implementation, along with problems with stability and error correction.

Key Insight in the report:

The Global Quantum Computing market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Product Benchmarking, and Opportunity Analysis.

The report covers extensive competitive intelligence which includes the following data points:

  • Business Overview
  • Business Model
  • Financial Data
  • Financial – Existing
  • Financial – Funding
  • Product Segment Analysis and specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis

Quantum Computing Market Segmentation

The report covers market size and forecasting at the country level as well as at the segment level. Quantum Computing Market analysis across below-mentioned different segments:

By Offering

  • On-Premises
  • Cloud-Based

By Technology

  • Trapped Ions
  • Quantum Annealing
  • Superconducting Qubits
  • Others

By Application

  • Optimization
  • Simulation
  • Machine Learning
  • Others

By End-User

  • Banking & Finance
  • Space and Defense
  • Healthcare and Pharmaceuticals
  • Chemicals
  • Energy and Power
  • Transportation and Logistics
  • Academic
  • Government

Regional analysis

North America dominates the market accounted for the highest proportion of the Quantum Computing market. Increasing R&D expenditure for quantum computing and the increasing focus towards the development of quantum computers for commercial and military applications have create opportunities for the quantum computing market in North America.

The Quantum Computing Market is analyzed across the mentioned region.

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia Pacific
  • Rest of the World

Quantum Computing Market Ecosystem Players:

The key players of the Quantum Computing Market include:

  • IBM
  • D-Wave systems
  • Microsoft
  • Intel
  • TOSHIBA
  • QC ware
  • Cambridge Quantum Computing
  • Honeywell International
  • Rigetti Computing
  • Google

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future market trends and opportunities
  • Detailed analysis on current market drivers, restraining factors, and opportunities in the future
  • Quantum Computing market historical market size for the year 2020, and Quantum Computing market forecast from 2021 to 2028
  • Vendor market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.

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Table of Contents

Table of Contents

Chapter 1.   Executive Summary

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

                               2.2.2.   Limitations

                     2.3.   Market Structure

Chapter 3.   Evolve BI Methodology

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                               4.1.1.   Raw Material Providers

                               4.1.2.   Manufacturing Process

                               4.1.3.   Distributors/Retailers

                               4.1.4.   End Users

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   COVID-19 Impact and Post COVID Scenario on Quantum Computing Market

                               4.3.1.   Impact on Covid-19

                               4.3.2.   Government Aids and Policies for Industry Revival

                               4.3.3.   Companies Recent Developments to Tackle Negative Impact

                               4.3.4.   Opportunity Window & Post COVID Trend

                     4.4.   Technology Overview

                     4.5.   Macro factor

                     4.6.   Micro Factor

                     4.7.   Demand Supply Gap Analysis of Quantum Computing Market

                     4.8.   Import Analysis of Quantum Computing Market

                     4.9.   Export Analysis of Quantum Computing Market

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DROC Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

                               5.2.4.   Challenges

                     5.3.   Patent Analysis

                     5.4.   Industry Roadmap

                     5.5.   Parent/Peer Market Analysis

Chapter 6.   Global Quantum Computing Market, By Offering

                     6.1.   Introduction

                     6.2.   On-Premises

                     6.3.   Cloud-Based

Chapter 7.   Global Quantum Computing Market, By Technology

                     7.1.   Introduction

                     7.2.   Trapped Ions

                     7.3.   Quantum Annealing

                     7.4.   Superconducting Qubits

                     7.5.   Others

Chapter 8.   Global Quantum Computing Market, By Application

                     8.1.   Introduction

                     8.2.   Optimization

                     8.3.   Simulation

                     8.4.   Machine Learning

                     8.5.   Others

Chapter 9.   Global Quantum Computing Market, By End User

                     9.1.   Introduction

                     9.2.   Banking & Finance

                     9.3.   Space and Defense

                     9.4.   Healthcare and Pharmaceuticals

                     9.5.   Chemicals

                     9.6.   Energy and Power

                     9.7.   Transportation and Logistics

                     9.8.   Academic

                     9.9.   Government

Chapter 10.   Global Quantum Computing Market, By Region

                     10.1.   Introduction

                     10.2.   North America

                               10.2.1.   Introduction

                               10.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               10.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                               10.2.4.   Market Size and Forecast, By Offering, 2020 - 2028

                               10.2.5.   Market Size and Forecast, By Technology, 2020 - 2028

                               10.2.6.   Market Size and Forecast, By Application, 2020 – 2028

                               10.2.7.   Market Size and Forecast, By End User, 2020 – 2028

                               10.2.8.   US

                                              10.2.8.1.   Introduction

                                              10.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.2.8.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.2.8.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.2.8.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.2.8.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.2.9.   Canada

                                              10.2.9.1.   Introduction

                                              10.2.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.2.9.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.2.9.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.2.9.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.2.9.6.   Market Size and Forecast, By End User, 2020 - 2028

                     10.3.   Europe

                               10.3.1.   Introduction

                               10.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               10.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                               10.3.4.   Market Size and Forecast, By Offering, 2020 - 2028

                               10.3.5.   Market Size and Forecast, By Technology, 2020 - 2028

                               10.3.6.   Market Size and Forecast, By Application, 2020 – 2028

                               10.3.7.   Market Size and Forecast, By End User, 2020 – 2028

                               10.3.8.   Germany

                                              10.3.8.1.   Introduction

                                              10.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.3.8.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.3.8.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.3.8.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.3.8.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.3.9.   France

                                              10.3.9.1.   Introduction

                                              10.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.3.9.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.3.9.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.3.9.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.3.9.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.3.10.   UK

                                              10.3.10.1.   Introduction

                                              10.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.3.10.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.3.10.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.3.10.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.3.10.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.3.11.   Italy

                                              10.3.11.1.   Introduction

                                              10.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.3.11.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.3.11.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.3.11.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.3.11.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.3.12.   Rest Of Europe

                                              10.3.12.1.   Introduction

                                              10.3.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.3.12.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.3.12.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.3.12.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.3.12.6.   Market Size and Forecast, By End User, 2020 - 2028

                     10.4.   Asia-Pacific

                               10.4.1.   Introduction

                               10.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               10.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                               10.4.4.   Market Size and Forecast, By Offering, 2020 - 2028

                               10.4.5.   Market Size and Forecast, By Technology, 2020 - 2028

                               10.4.6.   Market Size and Forecast, By Application, 2020 – 2028

                               10.4.7.   Market Size and Forecast, By End User, 2020 - 2028

                               10.4.8.   China

                                              10.4.8.1.   Introduction

                                              10.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.4.8.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.4.8.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.4.8.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.4.8.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.4.9.   India

                                              10.4.9.1.   Introduction

                                              10.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.4.9.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.4.9.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.4.9.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.4.9.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.4.10.   Japan

                                              10.4.10.1.   Introduction

                                              10.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.4.10.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.4.10.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.4.10.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.4.10.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.4.11.   South Korea

                                              10.4.11.1.   Introduction

                                              10.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.4.11.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.4.11.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.4.11.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.4.11.6.   Market Size and Forecast, By End User, 2020 - 2028

                               10.4.12.   Rest Of Asia-Pacific

                                              10.4.12.1.   Introduction

                                              10.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              10.4.12.3.   Market Size and Forecast, By Offering, 2020 - 2028

                                              10.4.12.4.   Market Size and Forecast, By Technology, 2020 - 2028

                                              10.4.12.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              10.4.12.6.   Market Size and Forecast, By End User, 2020 - 2028

                     10.5.   Rest Of The World (RoW)

                               10.5.1.   Introduction

                               10.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               10.5.3.   Market Size and Forecast, By Offering, 2020 - 2028

                               10.5.4.   Market Size and Forecast, By Technology, 2020 - 2028

                               10.5.5.   Market Size and Forecast, By Application, 2020 – 2028

                               10.5.6.   Market Size and Forecast, By End User, 2020 - 2028

Chapter 11.   Company Landscape

                     11.1.   Introduction

                     11.2.   Vendor Share Analysis

                     11.3.   Key Development Analysis

                     11.4.   Competitor Dashboard

Chapter 12.   Company Profiles

                     12.1.   IBM

                               12.1.1.   Business Overview

                               12.1.2.   Financial Analysis

                                              12.1.2.1.   Financial – Existing/Funding

                               12.1.3.   Product Portfolio

                               12.1.4.   Recent Development and Strategies Adopted

                               12.1.5.   SWOT Analysis

                     12.2.   D-Wave systems

                               12.2.1.   Business Overview

                               12.2.2.   Financial Analysis

                                              12.2.2.1.   Financial – Existing/Funding

                               12.2.3.   Product Portfolio

                               12.2.4.   Recent Development and Strategies Adopted

                               12.2.5.   SWOT Analysis

                     12.3.   Microsoft

                               12.3.1.   Business Overview

                               12.3.2.   Financial Analysis

                                              12.3.2.1.   Financial – Existing/Funding

                               12.3.3.   Product Portfolio

                               12.3.4.   Recent Development and Strategies Adopted

                               12.3.5.   SWOT Analysis

                     12.4.   Intel

                               12.4.1.   Business Overview

                               12.4.2.   Financial Analysis

                                              12.4.2.1.   Financial – Existing/Funding

                               12.4.3.   Product Portfolio

                               12.4.4.   Recent Development and Strategies Adopted

                               12.4.5.   SWOT Analysis

                     12.5.   Toshiba

                               12.5.1.   Business Overview

                               12.5.2.   Financial Analysis

                                              12.5.2.1.   Financial – Existing/Funding

                               12.5.3.   Product Portfolio

                               12.5.4.   Recent Development and Strategies Adopted

                               12.5.5.   SWOT Analysis

                     12.6.   QC ware

                               12.6.1.   Business Overview

                               12.6.2.   Financial Analysis

                                              12.6.2.1.   Financial – Existing/Funding

                               12.6.3.   Product Portfolio

                               12.6.4.   Recent Development and Strategies Adopted

                               12.6.5.   SWOT Analysis

                     12.7.   Cambridge Quantum Computing

                               12.7.1.   Business Overview

                               12.7.2.   Financial Analysis

                                              12.7.2.1.   Financial – Existing/Funding

                               12.7.3.   Product Portfolio

                               12.7.4.   Recent Development and Strategies Adopted

                               12.7.5.   SWOT Analysis

                     12.8.   Honeywell International

                               12.8.1.   Business Overview

                               12.8.2.   Financial Analysis

                                              12.8.2.1.   Financial – Existing/Funding

                               12.8.3.   Product Portfolio

                               12.8.4.   Recent Development and Strategies Adopted

                               12.8.5.   SWOT Analysis

                     12.9.   Rigetti Computing

                               12.9.1.   Business Overview

                               12.9.2.   Financial Analysis

                                              12.9.2.1.   Financial – Existing/Funding

                               12.9.3.   Product Portfolio

                               12.9.4.   Recent Development and Strategies Adopted

                               12.9.5.   SWOT Analysis

                     12.10.   Google

                               12.10.1.   Business Overview

                               12.10.2.   Financial Analysis

                                              12.10.2.1.   Financial – Existing/Funding

                               12.10.3.   Product Portfolio

                               12.10.4.   Recent Development and Strategies Adopted

                               12.10.5.   SWOT Analysis

Chapter 13.   Key Takeaways

 

 

 

 

Connect to Analyst

Connect to Analyst

 

 

Research Methodology

Research Methodology

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