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PUBLISHER: Grand View Research | PRODUCT CODE: 1433714
PUBLISHER: Grand View Research | PRODUCT CODE: 1433714
Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution (Software, Services), By Technology, By Application, By Verticals, By Region, And Segment Forecasts, 2024 - 2030
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Cloud-based Quantum Computing Market Growth & Trends:
The global cloud-based quantum computing market size is anticipated to reach USD 2.21 billion by 2030 and is anticipated to expand at a CAGR of 20.5% during the forecast period, according to a new report by Grand View Research, Inc. Quantum computing is a new field that has the potential to transform several businesses and computing paradigms. While the quantum computing business is dynamic and subject to quick change, it has been shaped by various worldwide growth trends.
Some of the reasons driving market expansion include the increasing use of cloud computing software and services across many verticals, as well as the expanding use of cloud technology with more digitalization. However, concerns with stability and error correction, as well as a lack of professional knowledge for establishing and utilizing cloud-based quantum computing technologies, are projected to stymie market growth. Managed services are significantly fueling the market growth. Managed services are when a corporation outsources its day-to-day operations in order to focus on its core business. Daily maintenance, administration, security, troubleshooting, data backup, onboarding, unified communications, and network monitoring are all part of managed services. Service providers offer quantum computing as a service to industries such as pharmaceutical, healthcare, aerospace, and defense. Quantum computing as a service (QCaaS) is a type of cloud computing service that gives users access to quantum computers and related technologies.
Investments from governments, tech giants, and venture capitalists in quantum research and development are crucial for the advancement of cloud quantum technology. These investments support research efforts, enable the development of cutting-edge hardware and software, and drive innovation across various industries. Cloud Quantum technology is highly complex and requires significant resources for research and development. These investments help accelerate progress by providing funding for experimental work, the recruitment of top talent, and access to advanced research facilities.
Cloud-based Quantum Computing Market Highlights
- The software solutions segment dominated the market with a revenue share of 51.9% in 2023. Quantum computing technology is used in cloud-based quantum computing solutions to handle activities such as analytics, optimization, and simulation
- Trapped ions are the preferred method for creating qubits because to their excellent connection between qubits and low error rate, which translates to high gate fidelity
- Superconducting Qubits segment accounted to register a significant CAGR over a forecast period. Leading the charge in the quantum computing growth, Fujitsu Limited and the RIKEN Center for Quantum Computing have joined forces to take on the bold goal of creating superconducting quantum computers. Due to their outstanding adaptability and stability, superconducting qubits have emerged as one of the most viable choices for constructing usable quantum computers
- The optimization segment is one of the key application areas where quantum computing holds significant promise and is expected to have a substantial impact
- Cloud-based quantum computing has revolutionized the landscape of simulation and modeling, offering unprecedented computational power and scalability for tackling complex problems in diverse fields. Leveraging the principles of quantum mechanics, these systems harness the unique properties of qubits to perform computations at speeds unattainable by classical computers
Product Code: GVR-4-68040-185-4
Table of Contents
Chapter 1. Cloud-based Quantum Computing Market: Solution Estimates & Trend Analysis
- 1.1. Segment Dashboard
- 1.2. Cloud-based Quantum Computing Market: Solution Movement Analysis, USD Million, 2023 & 2030
- 1.3. Software
- 1.3.1. Software Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 1.4. Services
- 1.4.1. Services Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 2. Cloud-based Quantum Computing Market: Technology Estimates & Trend Analysis
- 2.1. Segment Dashboard
- 2.2. Cloud-based Quantum Computing Market: Technology Movement Analysis, USD Million, 2023 & 2030
- 2.3. Trapped Ions
- 2.3.1. Trapped Ions Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 2.4. Quantum Annealing
- 2.4.1. Quantum Annealing Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 2.5. Superconducting Qubits
- 2.5.1. Superconducting Qubits Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 2.6. Others
- 2.6.1. Others Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 3. Cloud-based Quantum Computing Market: Application Estimates & Trend Analysis
- 3.1. Segment Dashboard
- 3.2. Cloud-based Quantum Computing Market: Application Movement Analysis, USD Million, 2023 & 2030
- 3.3. Optimization
- 3.3.1. Optimization Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 3.4. Simulation and modelling
- 3.4.1. Simulation and modelling Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 3.5. Sampling
- 3.5.1. Sampling Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 3.6. Others
- 3.6.1. Others Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 4. Cloud-based Quantum Computing Market: Vertical Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Cloud-based Quantum Computing Market: Vertical Movement Analysis, USD Million, 2023 & 2030
- 4.3. Aerospace & Defense
- 4.3.1. Aerospace & Defense in Oil & Gas Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. BFSI
- 4.4.1. BFSI Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Healthcare
- 4.5.1. Healthcare Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Automotive
- 4.6.1. Automotive Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Energy & Power
- 4.7.1. Energy & Power Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Chemical
- 4.8.1. Chemical Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Government
- 4.9.1. Government Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.10. Others
- 4.10.1. Others Cloud-based Quantum Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Cloud-based Quantum Computing Market: Regional Estimates & Trend Analysis
- 5.1. Cloud-based Quantum Computing Market Share, By Region, 2023 & 2030, USD Million
- 5.2. North America
- 5.2.1. North America Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.2.2. U.S.
- 5.2.2.1. U.S. Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.2.3. Canada
- 5.2.3.1. Canada Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3. Europe
- 5.3.1. Europe Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. UK
- 5.3.2.1. UK Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.3. Germany
- 5.3.3.1. Germany Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.4. France
- 5.3.4.1. France Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.2. China
- 5.4.2.1. China Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.3. Japan
- 5.4.3.1. Japan Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.4. India
- 5.4.4.1. India Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.5. South Korea
- 5.4.5.1. South Korea Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.6. Australia
- 5.4.6.1. Australia Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Latin America
- 5.5.1. Latin America Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5.2. Brazil
- 5.5.2.1. Brazil Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5.3. Mexico
- 5.5.3.1. Mexico Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Middle East and Africa
- 5.6.1. Middle East and Africa Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6.2. KSA
- 5.6.2.1. KSA Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6.3. UAE
- 5.6.3.1. UAE Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6.4. South Africa
- 5.6.4.1. South Africa Cloud-based Quantum Computing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Company Categorization
- 6.2. Company Market Positioning
- 6.3. Participant's Overview
- 6.4. Financial Performance
- 6.5. Product Benchmarking
- 6.6. Company Heat Map Analysis
- 6.7. Strategy Mapping
- 6.7.1. Expansion
- 6.7.2. Mergers & Acquisition
- 6.7.3. Partnerships & Collaborations
- 6.7.4. New Product Launches
- 6.7.5. Research And Development
- 6.8. Company Profiles
- 6.8.1. Google LLC
- 6.8.1.1. Participant's Overview
- 6.8.1.2. Financial Performance
- 6.8.1.3. Product Benchmarking
- 6.8.1.4. Recent Developments
- 6.8.2. Microsoft Corporation
- 6.8.2.1. Participant's Overview
- 6.8.2.2. Financial Performance
- 6.8.2.3. Product Benchmarking
- 6.8.2.4. Recent Developments
- 6.8.3. IBM Corporation
- 6.8.3.1. Participant's Overview
- 6.8.3.2. Financial Performance
- 6.8.3.3. Product Benchmarking
- 6.8.3.4. Recent Developments
- 6.8.4. Amazon Web Services Inc. (AWS)
- 6.8.4.1. Participant's Overview
- 6.8.4.2. Financial Performance
- 6.8.4.3. Product Benchmarking
- 6.8.4.4. Recent Developments
- 6.8.5. Baidu Inc.
- 6.8.5.1. Participant's Overview
- 6.8.5.2. Financial Performance
- 6.8.5.3. Product Benchmarking
- 6.8.5.4. Recent Developments
- 6.8.6. Huawei Technologies Co., Ltd.
- 6.8.6.1. Participant's Overview
- 6.8.6.2. Financial Performance
- 6.8.6.3. Product Benchmarking
- 6.8.6.4. Recent Developments
- 6.8.7. Quantum Computing Inc
- 6.8.7.1. Participant's Overview
- 6.8.7.2. Financial Performance
- 6.8.7.3. Product Benchmarking
- 6.8.7.4. Recent Developments
- 6.8.8. Terra Quantum
- 6.8.8.1. Participant's Overview
- 6.8.8.2. Financial Performance
- 6.8.8.3. Product Benchmarking
- 6.8.8.4. Recent Developments
- 6.8.9. Spinq
- 6.8.9.1. Participant's Overview
- 6.8.9.2. Financial Performance
- 6.8.9.3. Product Benchmarking
- 6.8.9.4. Recent Developments
- 6.8.10. QpiCloud
- 6.8.10.1. Participant's Overview
- 6.8.10.2. Financial Performance
- 6.8.10.3. Product Benchmarking
- 6.8.10.4. Recent Developments
- 6.8.11. CERN
- 6.8.11.1. Participant's Overview
- 6.8.11.2. Financial Performance
- 6.8.11.3. Product Benchmarking
- 6.8.11.4. Recent Developments
- 6.8.1. Google LLC
Product Code: GVR-4-68040-185-4
List of Tables
- Table 1 Global Cloud-based Quantum Computing Market by solution, 2018 - 2030 (USD Million)
- Table 2 Global Cloud-based Quantum Computing Market by technology, 2018 - 2030 (USD Million)
- Table 3 Global Cloud-based Quantum Computing Market by application, 2018 - 2030 (USD Million)
- Table 4 Global Cloud-based Quantum Computing Market by vertical, 2018 - 2030 (USD Million)
- Table 5 Global Cloud-based Quantum Computing Market by region, 2018 - 2030 (USD Million)
- Table 6 North America Cloud-based Quantum Computing Market by country, 2018 - 2030 (USD Million)
- Table 7 Europe Cloud-based Quantum Computing Market by country, 2018 - 2030 (USD Million)
- Table 8 Asia Pacific Cloud-based Quantum Computing Market by country, 2018 - 2030 (USD Million)
- Table 9 Latin America Cloud-based Quantum Computing Market by country, 2018 - 2030 (USD Million)
- Table 10 MEA Cloud-based Quantum Computing Market by country, 2018 - 2030 (USD Million)
- Table 11 Key companies launching new products/services
- Table 12 Key companies engaged in mergers & acquisition
- Table 13 Key companies engaged in Research & development
- Table 14 Key Companies engaged in expansion
List of Figures
- Fig. 1 Information procurement
- Fig. 2 Primary research pattern
- Fig. 3 Market research approaches
- Fig. 4 Value chain-based sizing & forecasting
- Fig. 5 QFD modelling for market share assessment.
- Fig. 6 Parent market analysis
- Fig. 7 Patient-population model
- Fig. 8 Market formulation & validation
- Fig. 9 Cloud-based Quantum Computing Market snapshot
- Fig. 10 Cloud-based Quantum Computing Market segment snapshot
- Fig. 11 Cloud-based Quantum Computing Market competitive landscape snapshot
- Fig. 12 Market research process
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 Cloud-based Quantum Computing Market: Solution outlook key takeaways (USD Million)
- Fig. 16 Cloud-based Quantum Computing Market: Solution movement analysis (USD Million), 2023 & 2030
- Fig. 17 Software Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Services Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Cloud-based Quantum Computing Market: Technology outlook key takeaways (USD Million)
- Fig. 20 Cloud-based Quantum Computing Market: Technology movement analysis (USD Million), 2023 & 2030
- Fig. 21 Trapped Ions Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Quantum Annealing Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Superconducting Qubits Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Others Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Cloud-based Quantum Computing Market: Application outlook key takeaways (USD Million)
- Fig. 26 Cloud-based Quantum Computing Market: Application movement analysis (USD Million), 2023 & 2030
- Fig. 27 Optimization Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Simulation and modelling Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Sampling Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Others Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Cloud-based Quantum Computing Market: Vertical outlook key takeaways (USD Million)
- Fig. 32 Cloud-based Quantum Computing Market: Vertical movement analysis (USD Million), 2023 & 2030
- Fig. 33 Aerospace & Defense Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 34 BFSI Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Healthcare Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Automotive Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Energy & Power Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Chemical Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Government Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Others Cloud-based Quantum Computing Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Regional marketplace: Key takeaways
- Fig. 42 Cloud-based Quantum Computing Market: Regional outlook, 2023 & 2030, USD Million
- Fig. 43 North America Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 44 U.S. Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Canada Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Europe Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 47 UK Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Germany Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 49 France Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 50 Asia Pacific Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Japan Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 52 China Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 53 India Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 54 South Korea Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 55 Australia Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 56 Latin America Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 57 Brazil Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 58 Mexico Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 59 MEA Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 60 KSA Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 61 UAE Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 62 South Africa Cloud-based Quantum Computing Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 63 Strategy framework
- Fig. 64 Company Categorization
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