Global Quantum Computing Market Expanding at a CAGR of 38.98% during 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Quantum Computing Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Quantum Computing Market: 2024-2030
The Global Quantum Computing Market size is valued at USD value 1.1 billion in 2023 and is projected to reach USD 5.2 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 38.98% during the forecast period, i.e., 2024-30.
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Global Quantum Computing Market Driver:
Rising Investments in Quantum Technology – Government initiatives and private sectors are both continuously investing in the development of quantum technologies. the Chinese government, the government of the USA, and Australia, along with countries from the European Union, are supporting the ventures of quantum technological developments through funding, along with prominent company players in the USA competitively investing in its advancement.
For Instance, In February 2024, the U.K. government declared speculation of USD 48.4 million for quantum computers and USD 29 million for novel semiconductors. This investment will help the government of the United Kingdom to build the U.K. into a science, and innovation superpower, and to construct a quantum-enabled economy by 2033.
Consecutively, it leads to an expanding application and commercialization of quantum computers. In addition, the industry developments are also reflected in the proliferation of quantum technology in various sectors, including banking and retail. Thus, these investments are primarily fueling the further market growth of the Quantum Computing Market.
Global Quantum Computing Market Segmentation:
The Global Quantum Computing Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Offerings
-Hardware
-Software
-Services
By Deployment
-On Premises
-Cloud
-Hybrid
By Technology
-Quantum Annealing
-Superconducting
-Trapped Ion
-Quantum Dots
-Others
By Application
-Machine Learning
-Numerical Simulation
-Model Optimization
By End User
-Private Companies
-Academia
-Government
By Sector
-Aerospace & Defense
-Agriculture
-Finance & Investment
-IT & Communications
-Agriculture
-Logistics & Transportation
-Automove & Mobility
-Energy & Power
-Chemicals & Materials
-Life Sciences & Pharma
-Medical Devices & Imaging
-Others.
Geographical Analysis into the Global Quantum Computing Market:
- North America
- South America
- Europe
- Asia-Pacific
- Rest of the World
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-quantum-computing-market.html
Competitive Landscape and Global Quantum Computing Market Share Analysis:
The competitive landscape of the Global Quantum Computing Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Wave System Inc., IBM Corporation, Lockheed Martin, Google Research, Intel Corporation, Hewlett Packard Enterprise, QC Ware Corporation, Cambridge Quantum Computing Ltd., Fujitsu Ltd., Accenture and others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Quantum Computing Market growth?
- How is the Global Quantum Computing Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Quantum Computing Market?
- What is the current size of the Global Quantum Computing Market, and how is it projected to change in the future?
- What is the future outlook for the Global Quantum Computing Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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