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Quantum Computing Market Opportunities, And Top Key Players By 2030

The speed and data managing capabilities of quantum computing technology have resulted in the commercialization of this technology worldwide. Thus, the increasing support from government bodies and other experts for the commercialization of this technology will drive the quantum computing market at a CAGR of 33.1% during the forecast period (2020u20132030).

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Quantum Computing Market Opportunities, And Top Key Players By 2030

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  1. 2022 Quantum Computing Market Opportunities, Growth, Challenges, Business Trends and Forecast 2030

  2. Quantum computing leverages the phenomenon of quantum mechanics to create new ways of computing, which can tackle huge volumes of data in the fields of artificial intelligence (AI) and big data search, finance, digital manufacturing, utilities, aerospace designing, polymer designing, drug design and discovery, intelligence, and military. Quantum computing is used in these domains for big data analysis or simulations, to solve complex problems, which cannot be simplified with the help of classical computing technologies. The speed and data managing capabilities of quantum computing technology have resulted in the commercialization of this technology worldwide. Thus, the increasing support from government bodies and other experts for the commercialization of this technology will drive the quantum computing market at a CAGR of 33.1% during the forecast period (2020–2030). The market revenue stood at $89.6 million in 2019 and it is projected to rise to $1,866.8 million by 2030. For instance, in December 2018, the U.S. House of Representatives passed the National Quantum Initiative Act to boost the development of quantum information science (QIS) and technology applications.

  3. According to P&S Intelligence, North America dominated the quantum computing market in the recent past, due to the hefty investments made by private companies and governments in the development of this technology in the region. For example, in January 2019, the U.S. Congress authorized an investment of over $1.2 billion in quantum science and technology, under the National Quantum Initiative. This investment will be made over the next 5–10 years. Initiatives such as these are encouraging the adoption of this technology in academic institutions, government organizations, and manufacturing facilities of the region. Whereas, the European quantum computing market is expected to register the fastest growth during the forecast period. This will be due to the mounting IT expenditure, rising number of research and development (R&D) initiatives in the domain of quantum science and technology, flourishing manufacturing and aerospace & defense sectors, and surging inclination toward advanced technologies in the region. Moreover, the rapid economic development in the European nations will also propel the market growth in the region in the upcoming years. Thus, the increasing volume of data generation and surging requirement for smooth management of data in various end-use industries will boost the demand for quantum computing technology in the foreseeable future. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/quantum-computing-market/report-sample

  4. Market Segmentation by Offering • Hardware • Software • Service • Consulting services • Training & education • Support & maintenance • Market Segmentation by Deployment Type • On-Premises • Cloud-Based • Market Segmentation by Application • Optimization • Simulation and Data Problems • Sampling • Machine Learning

  5. Market Segmentation by Technology • Quantum Dots • Trapped Ions • Quantum Annealing • Others • Market Segmentation by Industry • Banking, Financial Services, and Insurance (BFSI) • Aerospace & Defense • Manufacturing • Healthcare • IT & Telecom • Energy & Utilities • Others

  6. Market Segmentation by Geography • North America Quantum Computing Market • By offering • By deployment type • By application • By technology • By industry • By country – U.S. and Canada • Europe Quantum Computing Market • By offering • By deployment type • By application • By technology • By industry • By country – Germany, U.K., Russia, France, and Rest of Europe

  7. Asia-Pacific (APAC) Quantum Computing Market • By offering • By deployment type • By application • By technology • By industry • By country – China, Japan, South Korea, Singapore, Australia, and Rest of APAC • Rest of the World (RoW) Quantum Computing Market • By offering • By deployment type • By application • By technology • By industry • By country – Brazil and Others

  8. This study covers 1. Historical and the present size of the Quantum Computing Market 2. Historical and the present size of the market segments and understand their comparative future potential 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings More Latest Reports by P&S Intelligence: Data Center Market Growth Challenges, Opportunities And Forthcoming Developments 2030 Digital Transaction Management Market Trends, Emerging Opportunities, And Top Key Players By 2030

  9. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. • For queries related to sales, contact us at: • enquiry@psmarketresearch.com • US/Canada Toll-Free: 1-888-778-7886 • International: +1-347-960-6455 • India: +91 120 4541 337 To know more about us, visit our website psmarketresearch.com

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