Potential Applications for the Use of Quantum Computers Across Various Verticals
21-Dec-2018
Global
Market Research
ME30-01-00-00-00
IT03784-GL-MR_22710
Since the development of one of the first theoretical frameworks for a quantum computer in the early 1980s, scientists have been working on achieving ‘Quantum Supremacy’. This state will be achieved by the design and construction of a quantum computer capable of solving problems that cannot be realistically solved by the most powerful classic supercomputer. Quantum Supremacy has not been achieved yet, but scientists in the field are confident that this will be achieved within the next decade.
Quantum computers operate using subatomic particles known as quantum bits or ‘qubits’ which are capable of superposition and entanglement. Superposition allows qubits to exist in multiple states simultaneously, and entanglement is a description of how subatomic particles can interact with one another such that the behaviour of one particle can be predicted by looking at another related particle, even when they are separated by large distances.
The interaction of subatomic particles contained within a quantum computer will facilitate different applications across a number of verticals. The study of molecular behaviour will become much easier and more accessible using quantum computers, and as such they could be used to develop drugs that are much more target specific with reduced side effects. Similarly, they could also be used for the analysis of inorganic chemical systems, leading to the synthetic production of raw materials with a high demand.
In addition, the vast potential processing power of a quantum computer will allow for the easy storage of millions of data points. This would be invaluable for the storage of data generated during genome sequencing or the millions of data points generated on a regular basis by the world’s financial markets.
Other possibilities involve those associated with machine learning. This could enable quantum computers to undertake financial trading without human interaction, undertake real-time fraud detection or prevent data breaches.
Author: Fiona Vanier
Key Findings
Quantum Theory Explained
The Exploitation of Quantum Theory
Why are Quantum Computers Being Developed?
Different Techniques for Creating a Quantum State
Quantum Computers—Advantages and Limitations
Timeline of Quantum Computing Development
Quantum Computing Will Have Many Possible Applications
Vertical 1—Healthcare Research
Vertical 2—Chemical Research
Vertical 3—Fintech Applications
Effect of Quantum Computing on Cybersecurity
River Lane—Cambridge, UK
D-Wave—Vancouver, Canada
Rigetti Computing—California, US
Growth Opportunity—Vertical Markets
Strategic Imperatives for Success and Growth
The Last Word—Takeaways
Legal Disclaimer
List of Acronyms
List of Exhibits
- 1. Quantum Computing: Advantages and Limitations, Global, 2018
- 2. Quantum Computing: Timeline of Development, Global, 2018
- 1. Quantum Computing: Quantum Theory Explained, Global, 2018
- 2. Quantum Computing: The Exploitation of Quantum Theory, Global, 2018
- 3. Quantum Computing: Reasons for Development, Global, 2018
- 4. Quantum Computing: Possible Applications, Global, 2018
- 5. Quantum Computing: Healthcare Research, Global, 2018
- 6. Quantum Computing: Chemical Research, Global, 2018
- 7. Quantum Computing: Fintech Applications, Global, 2018
- 8. Quantum Computing: Effect on Cybersecurity, Global, 2018
- 9. Quantum Computing: River Lane, UK, 2018
- 10. Quantum Computing: D-Wave, Canada, 2018
- 11. Quantum Computing: Rigetti, US, 2018
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Table of Contents | | Executive Summary~ || Key Findings~ | Introduction to Quantum Computing~ || Quantum Theory Explained~ || The Exploitation of Quantum Theory~ || Why are Quantum Computers Being Developed?~ || Different Techniques for Creating a Quantum State~ || Quantum Computers—Advantages and Limitations~ || Timeline of Quantum Computing Development~ | Quantum Computing Applications~ || Quantum Computing Will Have Many Possible Applications~ || Vertical 1—Healthcare Research~ || Vertical 2—Chemical Research~ || Vertical 3—Fintech Applications~ || Effect of Quantum Computing on Cybersecurity~ | Company Profiles~ || River Lane—Cambridge, UK~ || D-Wave—Vancouver, Canada~ || Rigetti Computing—California, US~ | Growth Opportunities and Companies to Action~ || Growth Opportunity—Vertical Markets~ || Strategic Imperatives for Success and Growth~ | The Last Word~ || The Last Word—Takeaways~ || Legal Disclaimer~ | Appendix~ || List of Acronyms~ || List of Exhibits~ | The Frost & Sullivan Story~ |
| List of Charts and Figures | 1. Quantum Computing: Advantages and Limitations, Global, 2018~ 2. Quantum Computing: Timeline of Development, Global, 2018~| 1. Quantum Computing: Quantum Theory Explained, Global, 2018~ 2. Quantum Computing: The Exploitation of Quantum Theory, Global, 2018~ 3. Quantum Computing: Reasons for Development, Global, 2018~ 4. Quantum Computing: Possible Applications, Global, 2018~ 5. Quantum Computing: Healthcare Research, Global, 2018~ 6. Quantum Computing: Chemical Research, Global, 2018~ 7. Quantum Computing: Fintech Applications, Global, 2018~ 8. Quantum Computing: Effect on Cybersecurity, Global, 2018~ 9. Quantum Computing: River Lane, UK, 2018~ 10. Quantum Computing: D-Wave, Canada, 2018~ 11. Quantum Computing: Rigetti, US, 2018~ |
| Author | Fiona Vanier |
| Industries | Information Technology |
| WIP Number | ME30-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AA5-C1,9B07-C1 |