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Global Quantum Computing Market Size study & Forecast, by Offering (Systems, Services), by Deployment (On Premises and Cloud Based), by Application (Optimization, Simulation, Machine Learning, Others), by Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits, Others), By End-use Industry (Banking & Finance, Space and Defense, Healthcare and Pharmaceuticals, Chemicals, Energy and Power, Others) and Regional Analysis, 2022-2029

December 2022 | 200 pages | ID: G61C99082221EN
Bizwit Research & Consulting LLP

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Global Quantum Computing Market is valued at approximately USD 472 million in 2021 and is anticipated to grow with a healthy growth rate of more than 30.2% over the forecast period 2022-2029. Quantum Computing is a kind of advanced developing computing which is based on quantum theory and quantum mechanics. Quantum computing, which follows the principles of quantum physics, has been applied using the quantum computer. In terms of speed, bits, and data, it is different from traditional computing. Quantum computing uses all the states between 0 and 1, which helps in better outcomes and fast speed, as compared to classical computing, which only uses the two bits 0 and 1. In research, quantum computing is mostly used to compare various solutions and choose the most suitable one for a complex task. Chemicals, utilities, healthcare & pharmaceuticals, military, and many more industries have used it. The key factors driving the market growth are rising adoption of quantum computing in banking and finance industry, increasing investments in quantum computing technology, and surge in the number of strategic collaborations and partnerships to carry out advancements in quantum computing technology.

For Instance, in 2020, IBM and Daimler AG, the parent company of Benz and Mercedes, collaborated together to improve the battery capacity and charging speed. These companies used a quantum computer to simulate the dipole moment of three lithium-containing molecules, clearing the way for the development of lithium sulphur (Li-S) batteries, the next-generation lithium-ion alternatives that are more powerful, durable, and affordable. Also, technological advancements in quantum computing would create lucrative opportunities for the market during forecast period. However, the complexities in quantum computing implementation stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Quantum Computing Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key technology providers, and growing R&D investments in developing quantum computers, quantum computing math, and quantum computing applications boost the market size. Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising initiatives and funding by governments, and growing number of strategic alliances to boost Quantum Computing Market in the region.

Major market players included in this report are:
Honeywell International, Inc. (US)
Accenture (Ireland)
Rigetti & Co, Inc. (US)
1QB Information Technologies, Inc. (Canada)
IonQ (US)
Atom Computing, Inc. (US)
ID Quantique (Switzerland)
QuintessenceLabs (Australia)
Toshiba Research Europe Ltd. (UK)
Microsoft (US)

Recent Developments in the Market:
In 2019, The Unitary Fund and IBM cooperated to provide grants and special access to certain IBM Q systems. The Unitary Fund's goal is to create a quantum technology industry that serves the majority of people, more as IBM's quantum computing mission.
Global Quantum Computing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Offering, Deployment, Application, Technology, End-use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:
Systems
Services
By Deployment:
On Premises
Cloud Based
By Application:
Optimization
Simulation
Machine Learning
Others

By Technology:
Trapped Ions
Quantum Annealing
Superconducting Qubits
Others

By End-use Industry:
Banking & Finance
Space and Defense
Healthcare and Pharmaceuticals
Chemicals
Energy and Power
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Quantum Computing Market, by Region, 2019-2029 (USD Million)
  1.2.2. Quantum Computing Market, by Offering, 2019-2029 (USD Million)
  1.2.3. Quantum Computing Market, by Deployment, 2019-2029 (USD Million)
  1.2.4. Quantum Computing Market, by Application, 2019-2029 (USD Million)
  1.2.5. Quantum Computing Market, by Technology, 2019-2029 (USD Million)
  1.2.6. Quantum Computing Market, by End-use Industry, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL QUANTUM COMPUTING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL QUANTUM COMPUTING MARKET DYNAMICS

3.1. Quantum Computing Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising Adoption of Quantum Computing in Banking and Finance Industry
    3.1.1.2. Surge In Number of Strategic Collaborations and Partnerships to Carry Out Advancements in Quantum Computing Technology
  3.1.2. Market Challenges
    3.1.2.1. Complexities in Quantum Computing Implementation
  3.1.3. Market Opportunities
    3.1.3.1. Technological Advancements in Quantum Computing

CHAPTER 4. GLOBAL QUANTUM COMPUTING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL QUANTUM COMPUTING MARKET, BY OFFERING

6.1. Market Snapshot
6.2. Global Quantum Computing Market by Offering, Performance - Potential Analysis
6.3. Global Quantum Computing Market Estimates & Forecasts by Offering 2019-2029 (USD Million)
6.4. Quantum Computing Market, Sub Segment Analysis
  6.4.1. Systems
  6.4.2. Services

CHAPTER 7. GLOBAL QUANTUM COMPUTING MARKET, BY DEPLOYMENT

7.1. Market Snapshot
7.2. Global Quantum Computing Market by Deployment, Performance - Potential Analysis
7.3. Global Quantum Computing Market Estimates & Forecasts by Deployment 2019-2029 (USD Million)
7.4. Quantum Computing Market, Sub Segment Analysis
  7.4.1. On Premises
  7.4.2. Cloud Based

CHAPTER 8. GLOBAL QUANTUM COMPUTING MARKET, BY APPLICATION

8.1. Market Snapshot
8.2. Global Quantum Computing Market by Application, Performance - Potential Analysis
8.3. Global Quantum Computing Market Estimates & Forecasts by Application 2019-2029 (USD Million)
8.4. Quantum Computing Market, Sub Segment Analysis
  8.4.1. Optimization
  8.4.2. Simulation
  8.4.3. Machine Learning
  8.4.4. Others

CHAPTER 9. GLOBAL QUANTUM COMPUTING MARKET, BY TECHNOLOGY

9.1. Market Snapshot
9.2. Global Quantum Computing Market by Technology, Performance - Potential Analysis
9.3. Global Quantum Computing Market Estimates & Forecasts by Technology 2019-2029 (USD Million)
9.4. Quantum Computing Market, Sub Segment Analysis
  9.4.1. Trapped Ions
  9.4.2. Quantum Annealing
  9.4.3. Superconducting Qubits
  9.4.4. Others

CHAPTER 10. GLOBAL QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY

10.1. Market Snapshot
10.2. Global Quantum Computing Market by End-use Industry, Performance - Potential Analysis
10.3. Global Quantum Computing Market Estimates & Forecasts by End-use Industry 2019-2029 (USD Million)
10.4. Quantum Computing Market, Sub Segment Analysis
  10.4.1. Banking & Finance
  10.4.2. Space and Defense
  10.4.3. Healthcare and Pharmaceuticals
  10.4.4. Chemicals
  10.4.5. Energy and Power
  10.4.6. Others

CHAPTER 11. GLOBAL QUANTUM COMPUTING MARKET, REGIONAL ANALYSIS

11.1. Quantum Computing Market, Regional Market Snapshot
11.2. North America Quantum Computing Market
  11.2.1. U.S. Quantum Computing Market
    11.2.1.1. Offering breakdown estimates & forecasts, 2019-2029
    11.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
    11.2.1.3. Application breakdown estimates & forecasts, 2019-2029
    11.2.1.4. Technology breakdown estimates & forecasts, 2019-2029
    11.2.1.5. End-use Industry breakdown estimates & forecasts, 2019-2029
  11.2.2. Canada Quantum Computing Market
11.3. Europe Quantum Computing Market Snapshot
  11.3.1. U.K. Quantum Computing Market
  11.3.2. Germany Quantum Computing Market
  11.3.3. France Quantum Computing Market
  11.3.4. Spain Quantum Computing Market
  11.3.5. Italy Quantum Computing Market
  11.3.6. Rest of Europe Quantum Computing Market
11.4. Asia-Pacific Quantum Computing Market Snapshot
  11.4.1. China Quantum Computing Market
  11.4.2. India Quantum Computing Market
  11.4.3. Japan Quantum Computing Market
  11.4.4. Australia Quantum Computing Market
  11.4.5. South Korea Quantum Computing Market
  11.4.6. Rest of Asia Pacific Quantum Computing Market
11.5. Latin America Quantum Computing Market Snapshot
  11.5.1. Brazil Quantum Computing Market
  11.5.2. Mexico Quantum Computing Market
  11.5.3. Rest of Latin America Quantum Computing Market
11.6. Rest of The World Quantum Computing Market

CHAPTER 12. COMPETITIVE INTELLIGENCE

12.1. Top Market Strategies
12.2. Company Profiles
  12.2.1. Honeywell International, Inc. (US)
    12.2.1.1. Key Information
    12.2.1.2. Overview
    12.2.1.3. Financial (Subject to Data Availability)
    12.2.1.4. Product Summary
    12.2.1.5. Recent Developments
  12.2.2. Accenture (Ireland)
  12.2.3. Rigetti & Co, Inc. (US)
  12.2.4. 1QB Information Technologies, Inc. (Canada)
  12.2.5. IonQ (US)
  12.2.6. Atom Computing, Inc. (US)
  12.2.7. ID Quantique (Switzerland)
  12.2.8. QuintessenceLabs (Australia)
  12.2.9. Toshiba Research Europe Ltd. (UK)
  12.2.10. Microsoft (US)

CHAPTER 13. RESEARCH PROCESS

13.1. Research Process
  13.1.1. Data Mining
  13.1.2. Analysis
  13.1.3. Market Estimation
  13.1.4. Validation
  13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Quantum Computing Market, report scope
TABLE 2. Global Quantum Computing Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Quantum Computing Market estimates & forecasts by Offering 2019-2029 (USD Million)
TABLE 4. Global Quantum Computing Market estimates & forecasts by Deployment 2019-2029 (USD Million)
TABLE 5. Global Quantum Computing Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 6. Global Quantum Computing Market estimates & forecasts by Technology 2019-2029 (USD Million)
TABLE 7. Global Quantum Computing Market estimates & forecasts by End-use Industry 2019-2029 (USD Million)
TABLE 8. Global Quantum Computing Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Quantum Computing Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Quantum Computing Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Quantum Computing Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Quantum Computing Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Quantum Computing Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Quantum Computing Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Quantum Computing Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Quantum Computing Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. Global Quantum Computing Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. U.S. Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. U.S. Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. Canada Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. Canada Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. Canada Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. UK Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. UK Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. UK Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. Germany Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. Germany Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. Germany Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. France Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. France Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. France Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Italy Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Italy Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Italy Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. Spain Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. Spain Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. Spain Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. RoE Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. RoE Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. RoE Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. China Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. China Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. China Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. India Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. India Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. India Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. Japan Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. Japan Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. Japan Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. South Korea Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. South Korea Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. South Korea Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. Australia Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. Australia Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. Australia Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. RoAPAC Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. RoAPAC Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. RoAPAC Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Brazil Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Brazil Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Brazil Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. Mexico Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. Mexico Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. Mexico Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. RoLA Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. RoLA Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. RoLA Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. Row Quantum Computing Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 70. Row Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. Row Quantum Computing Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 72. List of secondary sources, used in the study of global Quantum Computing Market
TABLE 73. List of primary sources, used in the study of global Quantum Computing Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Quantum Computing Market, research methodology
FIG 2. Global Quantum Computing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Quantum Computing Market, key trends 2021
FIG 5. Global Quantum Computing Market, growth prospects 2022-2029
FIG 6. Global Quantum Computing Market, porters 5 force model
FIG 7. Global Quantum Computing Market, pest analysis
FIG 8. Global Quantum Computing Market, value chain analysis
FIG 9. Global Quantum Computing Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Quantum Computing Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Quantum Computing Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Quantum Computing Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Quantum Computing Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Quantum Computing Market, regional snapshot 2019 & 2029
FIG 15. North America Quantum Computing Market 2019 & 2029 (USD Million)
FIG 16. Europe Quantum Computing Market 2019 & 2029 (USD Million)
FIG 17. Asia Pacific Quantum Computing Market 2019 & 2029 (USD Million)
FIG 18. Latin America Quantum Computing Market 2019 & 2029 (USD Million)
FIG 19. Global Quantum Computing Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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