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Quantum Computing Market Aggrandizes To USD 2,464 million By 2022 With 14% of CAGR Worldwide; Asserts MRFR PowerPoint Presentation
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Quantum Computing Market, By Application (Optimization, Machine Learning and Simulation), Vertical (BFSI, IT and Telecommunication, Healthcare, Transportation, Government, Aerospace & Defense and Others) - Forecast 2022

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quantum computing market research report forecast

Quantum Computing Market

Research Report:

Forecast to 2022

Quantum Computing Market Research Report: Forecast to 2022

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Copyright © 2017 Market Research Future.

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Quantum Computing Market Research Report: Forecast to 2022

VIEW REPORTS

SAMPLE REPORTS

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Quantum Computing Market Research Report: Forecast to 2022

Summary

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 (atomic and subatomic) level. A Quantum computer follows the laws of quantum physics

via which it can gain enormous power, have the ability to be in multiple states and perform tasks

using all possible permutations simultaneously.

A classical computer works on the principle of Boolean algebra operating with a 7-mode logic gate

principle, whereas a quantum computer can work with a 2-mode logic gate. In a quantum computer,

a number of elemental particles such as electrons or photons can be used, with either their charge

or polarization acting as a representation of 0 and/or 1. Each of these particles is known as a

quantum bit, or qubit, the nature and behavior of these particles form the basis of quantum

computing.

The study indicates that the major driving factor for the Quantum Computing market is the

increasing implementation of machine learning by quantum computers in order to recognize objects

by detecting recurring patterns. It has been observed that over the recent past several research

institutes along with scientists are carrying out research programs to truly understand the practical

capacity of quantum computers.

The global Quantum Computing market is expected to grow at USD ~2,464 million by 2022, at ~24%

of CAGR between 2016 and 2022.

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Quantum Computing Market Research Report: Forecast to 2022

Market Highlights

Quantum computing market is growing at a faster pace. As it is recognized as a computer

technology based on the principles of quantum theory, which explains the nature and

behaviour of energy and matter on the quantum level. A Quantum computer follows the laws

of quantum physics through which it can gain enormous power, have the ability to be in

multiple states and perform tasks using all possible permutations simultaneously. According

to a recent study report published by the Market Research Future, The global market of

Quantum Computing is increasing and expected to gain prominence over the forecast period.

The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous

growth records in terms of value with a striking CAGR during the anticipated period (2016 –

2022).

The major growth driver for the quantum computing market is the increasing implementation

of machine learning by quantum computers in order to recognize objects by detecting

recurring patterns. It has been observed that over the recent past several research institutes

along with scientists are carrying out research programs to truly understand the practical

capacity of quantum computers.

Quantum computing have applications in cryptography, it helps in simulating complex systems,

assist in the development of new materials and drugs and others. The development of quantum

computing have significance in machine learning as well as in the development of artificial

intelligence. Quantum computing have applications in cyber security, thereby make the

internet much more secure.

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Quantum Computing Market Research Report: Forecast to 2022

Major Key Players:

D-Wave Systems Inc. (Canada),

International Business Machines Corporation (U.S.),

Lockheed Martin Corporation (U.S.),

Intel Corporation (U.S.),

Anyon Systems Inc. (Canada),

Cambridge Quantum Computing Limited (U.K.),

QC Ware, Corp. (U.S.),

Rigetti Computing (U.S.),

QxBranch (U.S.)

.

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Quantum Computing Market Research Report: Forecast to 2022

Segments:

Quantum computing market is segmented on the basis of application and vertical.

Quantum computing market by application:

Optimization

Machine Learning

Simulation

Quantum computing market by Vertical:

BFSI

IT and Telecommunication

Healthcare

Transportation

Government

Aerospace & Defense

Others

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Quantum Computing Market Research Report: Forecast to 2022

Regional Analysis:

The regional analysis of Quantum Computing market is being studied for region such as Asia Pacific,

North America, Europe and Rest of the World. It has been observed that North America would

dominate the Quantum Computing market owing to factors such as usage of quantum computers by

government agencies and aerospace & defense for machine learning. The study indicates that Europe

has the second biggest market share in the Quantum Computing market.

Asia Pacific Quantum Computing market is expected to show a positive growth over the forecast

period owing to factors such as wide adoption of quantum computers by BFSI sector. In Asia-Pacific

countries like China, Japan and others are making use of quantum computers for optimization of

tasks due to which the study reveals that these countries would show a sudden hike in Quantum

Computing market by the forecast period.

Study Objectives of Quantum Computing Market:

To provide detailed analysis of the market structure along with forecast of the various

segments and sub-segments of the Quantum Computing market.

To provide insights about factors affecting the market growth.

To analyze the Quantum Computing market based porter’s five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with

respect to four main geographies and their countries- North America, Europe, Asia, and Rest

of the World (ROW).

To provide country level analysis of the market with respect to the current market size and

future prospective.

To provide country level analysis of the market for segment on the basis of components of

processed materials and sources of equipment processed.

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Quantum Computing Market Research Report: Forecast to 2022

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