Quantum computing is a major innovation since the invention of the microprocessor and quantum computers are dis-similar from digital electronic computers based on transistors. Quantum computers are much faster and powerful than today’s computers. These systems are still in its development stage; however, several military agencies and national governments are funding for quantum computing research to develop quantum computers for business, civilians, and security purposes.
Leading Key Market Players Mentioned in the Report:- Cambridge Quantum Computing Ltd,D-Wave Systems Inc.,Google Inc.,IBM Corporation,Intel Corporation,Lockheed Martin Corporation,Microsoft,Qxbranch, Inc.,Rigetti & Co, Inc.,Toshiba Quantum Information group
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This Report Contains:
- Market sizing for the global Quantum Computing.
- Compare major Quantum Computing providers strategies and approaches to the challenges they face
- Analysis of the effects de globalization trends may have for Quantum Computing providers
- Profiles of major Quantum Computing providers
- 7-year CAGR forecasts for Quantum Computing -intensive vertical sectors
The surge in the adoption of quantum computing in the defense and automotive industry and an increase in incidences of cybercrime are the significant factors driving the growth of the quantum computing market. However, unawareness about the new technology along with the presence of substitute technology may restrain the global market during the forecast period. Moreover, the increase in the adoption of quantum computing in drug delivery is expected to deliver substantial growth opportunity to the industry players in the quantum computing market.
The global quantum computing market is segmented on the basis of application and industry. Based on application, the quantum computing market is segmented into simulation, optimization, and sampling. On the basis of industry, the market is categorized into Aerospace & Defense, BFSI, Energy & Power, Transportation, Healthcare, IT & Telecommunication, and others.
This research evaluates micro-markets and takes a closer look at the different growth trends, future prospects and regulations that will regulate the industry in the coming years. Researchers have also included a few top performers in the sector to calculate their industry shares and core competencies. The research explains technological developments in the sector along with upcoming areas of the industry that might potentially attract massive investments.
The Research Provides Answers To The Following Key Questions:
- What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Quantum Computing market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Quantum Computing market?
- What are the prominent market trends influencing the development of the Quantum Computing market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Quantum Computing market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
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