PUBLISHER: 360iResearch | PRODUCT CODE: 1301974
PUBLISHER: 360iResearch | PRODUCT CODE: 1301974
The Global Quantum Computing Market is forecasted to grow significantly, with a projected USD 1,237.34 million in 2023 at a CAGR of 23.71% and expected to reach a staggering USD 5,551.24 million by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Quantum Computing Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Based on Technology, market is studied across Quantum Annealing, Superconducting Qubits, Topological and Photonic, and Trapped Ions. The Superconducting Qubits commanded largest market share of 23.86% in 2022, followed by Topological and Photonic.
Based on Deployment, market is studied across Cloud-Based and On Premise. The Cloud-Based commanded largest market share of 59.94% in 2022, followed by On Premise.
Based on Offering, market is studied across Consulting, Quantum Computing as a Service (QCaaS), Services, and Systems. The Systems commanded largest market share of 28.51% in 2022, followed by Consulting.
Based on End-Use, market is studied across Banking & Finance, Chemicals, Energy & Power, Healthcare & Pharmaceuticals, and Space & Defense. The Banking & Finance commanded largest market share of 25.79% in 2022, followed by Space & Defense.
Based on Application, market is studied across Machine Learning, Optimization, Quantum Chemistry, Quantum Finance, and Simulation. The Machine Learning commanded largest market share of 33.29% in 2022, followed by Quantum Finance.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.29% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is essential for assessing the Global Quantum Computing Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Quantum Computing Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Quantum Computing Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Quantum Computing Market?
4. What is the competitive strategic window for opportunities in the Global Quantum Computing Market?
5. What are the technology trends and regulatory frameworks in the Global Quantum Computing Market?
6. What is the market share of the leading vendors in the Global Quantum Computing Market?
7. What modes and strategic moves are considered suitable for entering the Global Quantum Computing Market?