Global Quantum Computing Market Overview, Growth Analysis and Share
Global Quantum Computing Market Research Growth, Trend and Forecast 2018
According to a new market research report “Global Quantum Computing Market By Application Optimization, Sampling, Simulation, Component Software, Hardware, Services, Vertical Banking & Finance, Energy & Power, Defense, Healthcare & pharmaceuticals, Chemicals, and Regional Market Size, Status, and Forecast to 2025″, published by PlanetMarketReports.com, The Global Quantum Computing Market was valued at USD 89.35 million in 2016 and is projected to reach USD 948.82 million by 2025, growing at a CAGR of 30.02% from 2017 to 2025.
This report provides an in-depth study of “Quantum Computing Market” using SWOT analysis i.e. Strength, Opportunities and Threat to the organization. The Quantum Computing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
This market report offers a comprehensive analysis of the global Quantum Computing market. This report focused on Quantum Computing market past and present growth globally. Global research on Global Quantum Computing Industry presents a market overview, product details, classification, market concentration, and maturity study. The market value and growth rate from 2019-2025 along with industry size estimates are explained.
Quantum computing is the area of study focused on developing computer technology based on the principles of quantum theory, which explains the nature and behavior of energy and matter on the quantum level. Quantum computing can be used in various fields such as machine learning, computational chemistry, financial portfolio optimization, logistics and scheduling, cybersecurity, code-breaking, weather forecasting, artificial intelligence, molecular modeling providing many benefits in this sector.
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1. Market Drivers
1.1 Increasing use of quantum cryptography to secure mobile transactions
1.2 Increasing incidences of cybercrime
1.3 Increasing adoption of quantum computing in the defense and automotive industry
1.4 High investments by government in the market
1.5 Rise in adoption of quantum computing in drug discovery
2. Market Restraints
2.1 Lack of technical expertise
2.2 Availability of alternative technology
2.3 Poor acceptance of new technology
The Global Quantum Computing Market is segmented on the application, component, vertical, and region.
2. By Component:
3. By Vertical:
3.1 Banking & finance
3.2 Energy & power
3.4 Healthcare & pharmaceuticals
4. By Region:
4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
4.4 Latin America Brazil, Argentina, Rest of Latin America
4.5 Middle East & Africa
The major players in the market are as follows:
1. QC Ware Corp.
2. D-Wave Systems Inc.
3. Cambridge Quantum Computing Ltd
4. IBM Corporation
5. Magiq Technologies Inc.
6. Qxbranch, LLC
7. Research at Google – Google Inc.
8. Rigetti Computing
9. Station Q – Microsoft Corporation
10. 1qb Information Technologies Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Global Quantum Computing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also, market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Competitive Landscape and Quantum Computing Market Share Analysis
Quantum Computing market competitive landscape provides details and data information by vendors. The report offers a comprehensive analysis and accurate statistics on revenue by the player for the period 2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2020. Details included are company description, major business, company total revenue and the revenue generated in Quantum Computing business, the date to enter into the Quantum Computing market, Quantum Computing product introduction, recent developments, etc.
Quantum Computing Market Report Summary: In the first section, the Global Quantum Computing Market report presents industry overview, definition, and scope. The second part briefs about the Global Quantum Computing industry bifurcation by Type, Application and Geographical regions. The top industry players, revenue analysis, and sales margin are explained. The production and consumption scenario is specified.
The SWOT analysis by players, the growth rate for each type, application, and the region is covered. A 5-year forecast Global Quantum Computing industry perspective will lead to profitable business plans and informed moves. Towards, the end data sources, research methodology, and findings are offered.
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