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Global Quantum Computing Growth Opportunities
Technology Advancements and Easy Accessibility Lead to Transformational Growth in the Adoption of Quantum Computing
19-Dec-2023
Global
Market Research
PEE9-01-00-00-00
IT_2023_427
This research service analyzes the notable developments in the global quantum computing market. Quantum computing is a field of computing that leverages the principles of quantum mechanics to handle information using qubits. Qubits can be in a superposition of states, enabling quantum computers to do calculations at considerably greater speed than classical computers. Quantum computing can take on complex problems (simulation, optimization, and factorization) that many emerging technologies, such as AI, blockchain, and cybersecurity, seek to address. It can, therefore, be a powerful catalyst for the digital economy, creating a paradigm shift in computing.
This study analyzes the revenue of the total global market for 2022 (the base year), including revenue size by region, application, and industry sectors. It also includes forecasts on revenue size for the total market and presents the results of a Frost & Sullivan survey conducted among quantum computing ecosystem vendors across the globe. It identifies the factors driving and restraining growth and concludes by highlighting the opportunities emerging from this space for market players and stakeholders to leverage.
Author: Kiran Kumar Vijaya Kumar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Quantum Computing
Growth Opportunities Fuel the Growth Pipeline Engine™
Glossary
Scope of Analysis
Quantum Computing—Overview
Quantum Computing Development Approaches
Various Qubit Technologies—Pros and Cons
Various Qubit Technologies—Pros and Cons (continued)
Qubits—A Quantum Leap
Growth Metrics
Growth Drivers
Growth Drivers (continued)
Growth Restraints
Growth Restraints (continued)
Global Public Sector Investments in Quantum Computing (2022)
Regional Analysis—North America
Regional Analysis—Europe
Regional Analysis—Middle East and Africa
Regional Analysis—APAC
Regional Analysis—APAC (continued)
Application Opportunities
Forecast Assumptions
Revenue Forecast
Revenue Forecast Analysis
Percent Revenue by Region
Percent Revenue by Application
Percent Revenue by Industry Sectors
Revenue Size Analysis—2022
Impact Across Industry Sectors
Impact Across Industry Sectors (continued)
Scope of Primary Research (Survey)
Most Enterprise Customers Running Experiments on Quantum Computing
Investing in Product Development Remains the Top Priority
Key Challenges for Adoption
Key Drivers for Adoption
Partnerships Remain Crucial to Drive Innovation
Consideration Criteria for Selecting Quantum Computing Vendors
Quantum Computing Ecosystem
IBM
Microsoft
Intel
Zapata Computing
Riverlane
SEEQC
QuEra
Other Notable Participants
Future Roadmap by Approach
Preparing Businesses for the Quantum Future
Growth Opportunity 1: Hybrid Classical–Quantum Computing
Growth Opportunity 1: Hybrid Classical–Quantum Computing (continued)
Growth Opportunity 2: Quantum Computing and AI
Growth Opportunity 2: Quantum Computing and AI (continued)
Growth Opportunity 3: Standardization and Regulations
Growth Opportunity 3: Standardization and Regulations (continued)
List of Exhibits
Legal Disclaimer
List of Figures
- Quantum Computing: Growth Metrics, Global, 2022
- Quantum Computing: Growth Drivers, Global, 2023–2030
- Quantum Computing: Growth Restraints, Global, 2023–2030
- Quantum Computing: Revenue Forecast, Global, CY2022–CY2030
- Quantum Computing: Percent Revenue by Region, Global, 2022
- Quantum Computing: Percent Revenue by Application, Global, 2022
- Quantum Computing: Percent Revenue by Industry Sectors, Global, 2022
- Enterprise Readiness, Global, 2023
- Quantum Computing Vendors’ Areas of Investment in the Next 3 Years, Global, 2023
- Key Challenges for Adoption, Global, 2023
- Key Drivers for Adoption, Global, 2023
- Consideration Criteria for Selecting Quantum Computing Vendors, Global, 2023
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