March 28, 2024
ICT

Quantum Computing Market Size to Grow US$ 125 Billion By 2030

The global quantum computing market size was valued at US$ 10.13 billion in 2022 and is anticipated to grow US$ 125 billion by 2030, registering a compound annual growth rate of 36.89% from 2022 to 2030.

Quantum Computing Market Size 2022 To 2030

The quantum computing market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the quantum computing market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the quantum computing report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the quantum computing market have been studied and analysed across many developments.

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Report Scope of the Quantum Computing Market

Report Coverage Details
Market Size in 2022 USD 10.13 Billion
Market Size by 2030 USD 125 Billion
Growth Rate from 2022 to 2030 CAGR of 36.89%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Application
  • By End Use
  • By Offering Type

Also read: Cosmetic Ingredients Market Size to Grow US$ 56.17 Billion By 2030

Research Approach

The comprehensive report on the global quantum computing market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global quantum computing market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • IBM Corporation (New York, U.S.)
  • D-Wave Systems Inc. (Burnaby, Canada)
  • Cambridge Quantum Computing Ltd. (Cambridge, U.K.)
  • Intel Corporation (California, U.S.)
  • Rigetti & Co, Inc. (California, U.S.)
  • Google LLC (California, U.S.)
  • Quantica Computacao (Tamil Nadu, India)
  • Zapata Computing (Massachusetts, U.S.)
  • XANADU (Toronto, Canada)
  • Accenture Plc. (Dublin, Ireland)

Market Segmentations

By Application

  • Machine Learning
  • Optimization
  • Biomedical Simulations
  • Financial Services
  • Electronic Material Discovery
  • Other (Traffic Optimization, Weather Forecasting, and others.)

By End Use

  • Healthcare and Pharmaceuticals
  • Chemicals
  • Defence
  • BFSI
  • Energy and Power
  • Others

By Offering Type

  • Consulting Solutions
  • Systems

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Quantum Computing Market

5.1. COVID-19 Landscape: Quantum Computing Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Quantum Computing Market, By Application

8.1. Quantum Computing Market, by Application, 2022-2030

8.1.1 Machine Learning

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Optimization

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Biomedical Simulations

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Financial Services

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Electronic Material Discovery

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Other (Traffic Optimization, Weather Forecasting, and others.)

8.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Quantum Computing Market, By End Use

9.1. Quantum Computing Market, by End Use, 2022-2030

9.1.1. Healthcare and Pharmaceuticals

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Chemicals

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Defence

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. BFSI

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Energy and Power

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Quantum Computing Market, By Offering Type

10.1. Quantum Computing Market, by Offering Type, 2022-2030

10.1.1. Consulting Solutions

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Systems

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Quantum Computing Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Application (2017-2030)

11.1.2. Market Revenue and Forecast, by End Use (2017-2030)

11.1.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.1.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.1.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Application (2017-2030)

11.2.2. Market Revenue and Forecast, by End Use (2017-2030)

11.2.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.2.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.2.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Application (2017-2030)

11.2.6.2. Market Revenue and Forecast, by End Use (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Application (2017-2030)

11.2.7.2. Market Revenue and Forecast, by End Use (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Application (2017-2030)

11.3.2. Market Revenue and Forecast, by End Use (2017-2030)

11.3.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.3.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.3.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Application (2017-2030)

11.3.6.2. Market Revenue and Forecast, by End Use (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Application (2017-2030)

11.3.7.2. Market Revenue and Forecast, by End Use (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.4.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.4.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Application (2017-2030)

11.4.6.2. Market Revenue and Forecast, by End Use (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Application (2017-2030)

11.4.7.2. Market Revenue and Forecast, by End Use (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Application (2017-2030)

11.5.4.2. Market Revenue and Forecast, by End Use (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Offering Type (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Application (2017-2030)

11.5.5.2. Market Revenue and Forecast, by End Use (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Offering Type (2017-2030)

Chapter 12. Company Profiles

12.1. IBM Corporation (New York, U.S.)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. D-Wave Systems Inc. (Burnaby, Canada)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Cambridge Quantum Computing Ltd. (Cambridge, U.K.)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Intel Corporation (California, U.S.)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Rigetti & Co, Inc. (California, U.S.)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Google LLC (California, U.S.)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Quantica Computacao (Tamil Nadu, India)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Zapata Computing (Massachusetts, U.S.)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. XANADU (Toronto, Canada)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Accenture Plc. (Dublin, Ireland)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global quantum computing market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for quantum computing are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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