Market Analysis
Market Research
Future (MRFR) projects the global enterprise quantum computing market to reach a market value of
USD 3 billion at a 34% CAGR from 2018–2023 (forecast period).
Multiple Factors Boosting the Global Market
Various factors
such as the increasing cybercrime incidences, early adoption of quantum
computing in the defense and automotive industries, increased investments by
government bodies, active collaborations and partnerships between start-ups and
academic universities are propelling the global enterprise quantum computing
market over the forecast period.
Difficulty in Implementation
Complexity in
implementation is one of the significant factors predicted to hamper the market
growth in the coming years. Additionally, compatibility concerns within
low-temperature constraints, as well as the utilization of quantum entanglement
during network communication, are some of the market's obstacles.
Market Segmentation
The global
enterprise quantum computing market has been segmented into component,
deployment, technology, application, and vertical.
Based on
components, the global enterprise quantum computing market has been segmented
into hardware, software, and services.
Based on
deployment, the global enterprise quantum computing market has been segmented
into on-premise, on-cloud and hybrid.
Based on
technique, the global enterprise quantum computing market has been segmented
into simulation, superconducting, and quantum annealing, among others
Based on
application, the global enterprise quantum computing market has been segmented
into advanced cryptography, data analytics, pattern recognition, medical
research, automation, and optimization, among others.
Based on
end-user, the global enterprise quantum computing market has been segmented
into aerospace & defense, automotive, IT and telecommunication, BFSI,
medical, chemical, transportation, energy and power, among others.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7550
Regional Analysis
North America to Lead the Global Market
At the moment,
North America leads the worldwide enterprise quantum computing industry,
followed by Europe, Asia Pacific, and the Rest of the World. Heavy investments
in research and development of quantum computing technology by enterprises and
governments in the region, particularly the United States, are projected to
drive market expansion in North America. In the North American enterprise
quantum computing market, the United States currently has the largest market
share. The presence of technological leaders in the country, such as Google,
IBM Corporation, and Intel, is also projected to contribute to market growth in
the coming years.
Europe to Hold the Second Spot in the Global Market
In 2018, Europe
was the second-largest revenue-generating market for enterprise quantum
computing. Several initiatives by governments in this region are favorably
boosting the growth of the enterprise quantum computing market. The European
Union, for example, launched a USD 1.2 billion quantum flagship initiative with
the goal of putting Europe at the forefront of quantum computing. In 2018, the
UK market accounted for the largest share of the European enterprise quantum
computing market. The presence of significant players in the country, such as
Cambridge Quantum Computing Ltd, has aided the development of quantum
technology in the region.
APAC to Witness the Fastest Growth Rate
During the
forecast period, Asia Pacific is expected to develop at the quickest CAGR.
China and South Korea are leading the way in the development of quantum
computing technologies. However, a dearth of skilled employees is impeding the
growth of the region's enterprise quantum computing market.
Key Players
Market Research
Future has recognized the following key players in the market—QRA Corp, Intel
Corporation, D-Wave Systems Inc, Cambridge Quantum, Computing Ltd, QC Ware
Corp., Rigetti & Co, Inc., QxBranch, Inc., IBM Corporation, Google LLC,
Quantum Circuits, Inc., Microsoft Corporation, Cisco Systems, and Atos SE among
others.
Browse Complete Report Here:
https://www.marketresearchfuture.com/reports/enterprise-quantum-computing-market-7550
Browse More Reports:
Cloud
Object Storage Market
Cloud Object Storage Market Research
Report - Global Forecast 2027
Unified
Facility Management Market
Unified Facility Management Market
Research Report- Global Forecast 2027
Streaming
Analytics Market
Streaming Analytics Market Research
Report- Global Forecast 2027
Data
Virtualization Market
Data Virtualization Market Research
Report– Global Forecast up to 2027
About
Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel
the complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide
the optimum quality market research and intelligence services to our clients.
Our market research studies by products, services, technologies, applications,
end users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats
Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments
Post a Comment