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PUBLISHER: KBV Research | PRODUCT CODE: 1462033

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PUBLISHER: KBV Research | PRODUCT CODE: 1462033

Europe Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution, By Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

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The Europe Cloud-based Quantum Computing Market would witness market growth of 19.4% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Cloud-based Quantum Computing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $134.2 million by 2030. The UK market is exhibiting a CAGR of 18.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 20.3% during (2023 - 2030).

Several industries have embraced cloud-based computing as a harbinger of innovation and problem-solving capabilities. In the early stages of adoption, industries such as finance, healthcare, materials science, and logistics have emerged as pioneers. Financial institutions leverage quantum algorithms for portfolio optimization and risk analysis, while healthcare explores quantum solutions for drug discovery and genetic research. Materials science benefits from quantum simulations, and logistics seeks quantum solutions for optimization challenges.

The healthcare sector is experiencing unprecedented growth and evolution, driven by advancements in medical technology, genomic research, and a heightened focus on personalized medicine. With health expenditures exceeding 12% of their GDP, Germany and France allocated the highest proportions. The synergy between healthcare and cloud-based technology opens up new possibilities, paving the way for transformative breakthroughs and advancements in the quest for better health outcomes.

Quantum algorithms can process vast datasets to improve operational efficiency, reduce costs, and enhance overall healthcare service delivery within the EU. According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. Thus, the rising healthcare sector in Europe will assist in the growth of the regional this market.

Based on Solution, the market is segmented into Software, and Services. Based on Technology, the market is segmented into Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others. Based on Application, the market is segmented into Optimization, Simulation & Modelling, Sampling, and Others. Based on Vertical, the market is segmented into BFSI, Healthcare, Automotive, Energy & Power, Aerospace & Defense, Government, Chemical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Baidu, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Terra Quantum AG
  • SpinQ Technology Co., Ltd.
  • QpiCloud Techonologies
  • CERN

Europe Cloud-based Quantum Computing Market Report Segmentation

By Solution

  • Software
  • Services

By Technology

  • Superconducting Qubits
  • Trapped Ions
  • Quantum Annealing
  • Others

By Application

  • Optimization
  • Simulation & Modelling
  • Sampling
  • Others

By Vertical

  • BFSI
  • Healthcare
  • Automotive
  • Energy & Power
  • Aerospace & Defense
  • Government
  • Chemical
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Europe Cloud-based Quantum Computing Market, by Solution
    • 1.4.2Europe Cloud-based Quantum Computing Market, by Technology
    • 1.4.3Europe Cloud-based Quantum Computing Market, by Application
    • 1.4.4Europe Cloud-based Quantum Computing Market, by Vertical
    • 1.4.5Europe Cloud-based Quantum Computing Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Cloud-based Quantum Computing Market

Chapter 5.Europe Cloud-based Quantum Computing Market by Solution

  • 5.1Europe Software Market by Country
  • 5.2Europe Services Market by Country

Chapter 6.Europe Cloud-based Quantum Computing Market by Technology

  • 6.1Europe Superconducting Qubits Market by Country
  • 6.2Europe Trapped Ions Market by Country
  • 6.3Europe Quantum Annealing Market by Country
  • 6.4Europe Others Market by Country

Chapter 7.Europe Cloud-based Quantum Computing Market by Application

  • 7.1Europe Optimization Market by Country
  • 7.2Europe Simulation & Modelling Market by Country
  • 7.3Europe Sampling Market by Country
  • 7.4Europe Others Market by Country

Chapter 8.Europe Cloud-based Quantum Computing Market by Vertical

  • 8.1Europe BFSI Market by Country
  • 8.2Europe Healthcare Market by Country
  • 8.3Europe Automotive Market by Country
  • 8.4Europe Energy & Power Market by Country
  • 8.5Europe Aerospace & Defense Market by Country
  • 8.6Europe Government Market by Country
  • 8.7Europe Chemical Market by Country
  • 8.8Europe Others Market by Country

Chapter 9.Europe Cloud-based Quantum Computing Market by Country

  • 9.1Germany Cloud-based Quantum Computing Market
    • 9.1.1Germany Cloud-based Quantum Computing Market by Solution
    • 9.1.2Germany Cloud-based Quantum Computing Market by Technology
    • 9.1.3Germany Cloud-based Quantum Computing Market by Application
    • 9.1.4Germany Cloud-based Quantum Computing Market by Vertical
  • 9.2UK Cloud-based Quantum Computing Market
    • 9.2.1UK Cloud-based Quantum Computing Market by Solution
    • 9.2.2UK Cloud-based Quantum Computing Market by Technology
    • 9.2.3UK Cloud-based Quantum Computing Market by Application
    • 9.2.4UK Cloud-based Quantum Computing Market by Vertical
  • 9.3France Cloud-based Quantum Computing Market
    • 9.3.1France Cloud-based Quantum Computing Market by Solution
    • 9.3.2France Cloud-based Quantum Computing Market by Technology
    • 9.3.3France Cloud-based Quantum Computing Market by Application
    • 9.3.4France Cloud-based Quantum Computing Market by Vertical
  • 9.4Russia Cloud-based Quantum Computing Market
    • 9.4.1Russia Cloud-based Quantum Computing Market by Solution
    • 9.4.2Russia Cloud-based Quantum Computing Market by Technology
    • 9.4.3Russia Cloud-based Quantum Computing Market by Application
    • 9.4.4Russia Cloud-based Quantum Computing Market by Vertical
  • 9.5Spain Cloud-based Quantum Computing Market
    • 9.5.1Spain Cloud-based Quantum Computing Market by Solution
    • 9.5.2Spain Cloud-based Quantum Computing Market by Technology
    • 9.5.3Spain Cloud-based Quantum Computing Market by Application
    • 9.5.4Spain Cloud-based Quantum Computing Market by Vertical
  • 9.6Italy Cloud-based Quantum Computing Market
    • 9.6.1Italy Cloud-based Quantum Computing Market by Solution
    • 9.6.2Italy Cloud-based Quantum Computing Market by Technology
    • 9.6.3Italy Cloud-based Quantum Computing Market by Application
    • 9.6.4Italy Cloud-based Quantum Computing Market by Vertical
  • 9.7Rest of Europe Cloud-based Quantum Computing Market
    • 9.7.1Rest of Europe Cloud-based Quantum Computing Market by Solution
    • 9.7.2Rest of Europe Cloud-based Quantum Computing Market by Technology
    • 9.7.3Rest of Europe Cloud-based Quantum Computing Market by Application
    • 9.7.4Rest of Europe Cloud-based Quantum Computing Market by Vertical

Chapter 10.Company Profiles

  • 10.1Google LLC (Alphabet Inc.)
    • 10.1.1Company Overview
    • 10.1.2Financial Analysis
    • 10.1.3Segmental and Regional Analysis
    • 10.1.4Research & Development Expense
    • 10.1.5SWOT Analysis
  • 10.2Microsoft Corporation
    • 10.2.1Company Overview
    • 10.2.2Financial Analysis
    • 10.2.3Segmental and Regional Analysis
    • 10.2.4Research & Development Expenses
    • 10.2.5Recent strategies and developments:
      • 10.2.5.1Partnerships, Collaborations, and Agreements:
    • 10.2.6SWOT Analysis
  • 10.3IBM Corporation
    • 10.3.1Company Overview
    • 10.3.2Financial Analysis
    • 10.3.3Regional & Segmental Analysis
    • 10.3.4Research & Development Expenses
    • 10.3.5Recent strategies and developments:
      • 10.3.5.1Partnerships, Collaborations, and Agreements:
      • 10.3.5.2Geographical Expansions:
    • 10.3.6SWOT Analysis
  • 10.4Amazon Web Services, Inc. (Amazon.com, Inc.)
    • 10.4.1Company Overview
    • 10.4.2Financial Analysis
    • 10.4.3Segmental Analysis
    • 10.4.4Recent strategies and developments:
      • 10.4.4.1Geographical Expansions:
    • 10.4.5SWOT Analysis
  • 10.5Baidu, Inc.
    • 10.5.1Company Overview
    • 10.5.2Financial Analysis
    • 10.5.3Segmental Analysis
    • 10.5.4Research & Development Expenses
    • 10.5.5SWOT Analysis
  • 10.6Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
    • 10.6.1Company Overview
    • 10.6.2Financial Analysis
    • 10.6.3Segmental and Regional Analysis
    • 10.6.4Research & Development Expense
    • 10.6.5SWOT Analysis
  • 10.7Terra Quantum AG
    • 10.7.1Company Overview
    • 10.7.2Recent strategies and developments:
      • 10.7.2.1Geographical Expansions:
    • 10.7.3SWOT Analysis
  • 10.8SpinQ Technology Co., Ltd.
    • 10.8.1Company Overview
  • 10.9QpiCloud Techonologies
    • 10.9.1Company Overview
  • 10.10.CERN
    • 10.10.1Company Overview
    • 10.10.2SWOT Analysis

LIST OF TABLES

  • TABLE 1Europe Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 2Europe Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 3Europe Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 4Europe Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 5Europe Software Market by Country, 2019 - 2022, USD Million
  • TABLE 6Europe Software Market by Country, 2023 - 2030, USD Million
  • TABLE 7Europe Services Market by Country, 2019 - 2022, USD Million
  • TABLE 8Europe Services Market by Country, 2023 - 2030, USD Million
  • TABLE 9Europe Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 10Europe Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 11Europe Superconducting Qubits Market by Country, 2019 - 2022, USD Million
  • TABLE 12Europe Superconducting Qubits Market by Country, 2023 - 2030, USD Million
  • TABLE 13Europe Trapped Ions Market by Country, 2019 - 2022, USD Million
  • TABLE 14Europe Trapped Ions Market by Country, 2023 - 2030, USD Million
  • TABLE 15Europe Quantum Annealing Market by Country, 2019 - 2022, USD Million
  • TABLE 16Europe Quantum Annealing Market by Country, 2023 - 2030, USD Million
  • TABLE 17Europe Others Market by Country, 2019 - 2022, USD Million
  • TABLE 18Europe Others Market by Country, 2023 - 2030, USD Million
  • TABLE 19Europe Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 20Europe Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 21Europe Optimization Market by Country, 2019 - 2022, USD Million
  • TABLE 22Europe Optimization Market by Country, 2023 - 2030, USD Million
  • TABLE 23Europe Simulation & Modelling Market by Country, 2019 - 2022, USD Million
  • TABLE 24Europe Simulation & Modelling Market by Country, 2023 - 2030, USD Million
  • TABLE 25Europe Sampling Market by Country, 2019 - 2022, USD Million
  • TABLE 26Europe Sampling Market by Country, 2023 - 2030, USD Million
  • TABLE 27Europe Others Market by Country, 2019 - 2022, USD Million
  • TABLE 28Europe Others Market by Country, 2023 - 2030, USD Million
  • TABLE 29Europe Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 30Europe Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 31Europe BFSI Market by Country, 2019 - 2022, USD Million
  • TABLE 32Europe BFSI Market by Country, 2023 - 2030, USD Million
  • TABLE 33Europe Healthcare Market by Country, 2019 - 2022, USD Million
  • TABLE 34Europe Healthcare Market by Country, 2023 - 2030, USD Million
  • TABLE 35Europe Automotive Market by Country, 2019 - 2022, USD Million
  • TABLE 36Europe Automotive Market by Country, 2023 - 2030, USD Million
  • TABLE 37Europe Energy & Power Market by Country, 2019 - 2022, USD Million
  • TABLE 38Europe Energy & Power Market by Country, 2023 - 2030, USD Million
  • TABLE 39Europe Aerospace & Defense Market by Country, 2019 - 2022, USD Million
  • TABLE 40Europe Aerospace & Defense Market by Country, 2023 - 2030, USD Million
  • TABLE 41Europe Government Market by Country, 2019 - 2022, USD Million
  • TABLE 42Europe Government Market by Country, 2023 - 2030, USD Million
  • TABLE 43Europe Chemical Market by Country, 2019 - 2022, USD Million
  • TABLE 44Europe Chemical Market by Country, 2023 - 2030, USD Million
  • TABLE 45Europe Others Market by Country, 2019 - 2022, USD Million
  • TABLE 46Europe Others Market by Country, 2023 - 2030, USD Million
  • TABLE 47Europe Cloud-based Quantum Computing Market by Country, 2019 - 2022, USD Million
  • TABLE 48Europe Cloud-based Quantum Computing Market by Country, 2023 - 2030, USD Million
  • TABLE 49Germany Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 50Germany Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 51Germany Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 52Germany Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 53Germany Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 54Germany Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 55Germany Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 56Germany Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 57Germany Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 58Germany Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 59UK Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 60UK Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 61UK Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 62UK Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 63UK Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 64UK Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 65UK Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 66UK Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 67UK Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 68UK Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 69France Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 70France Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 71France Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 72France Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 73France Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 74France Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 75France Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 76France Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 77France Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 78France Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 79Russia Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 80Russia Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 81Russia Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 82Russia Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 83Russia Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 84Russia Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 85Russia Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 86Russia Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 87Russia Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 88Russia Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 89Spain Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 90Spain Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 91Spain Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 92Spain Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 93Spain Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 94Spain Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 95Spain Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 96Spain Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 97Spain Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 98Spain Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 99Italy Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 100Italy Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 101Italy Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 102Italy Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 103Italy Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 104Italy Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 105Italy Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 106Italy Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 107Italy Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 108Italy Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 109Rest of Europe Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
  • TABLE 110Rest of Europe Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
  • TABLE 111Rest of Europe Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
  • TABLE 112Rest of Europe Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
  • TABLE 113Rest of Europe Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
  • TABLE 114Rest of Europe Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
  • TABLE 115Rest of Europe Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
  • TABLE 116Rest of Europe Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
  • TABLE 117Rest of Europe Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
  • TABLE 118Rest of Europe Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
  • TABLE 119Key Information - Google LLC
  • TABLE 120Key Information - Microsoft Corporation
  • TABLE 121Key Information - IBM Corporation
  • TABLE 122Key Information - Amazon Web Services, Inc.
  • TABLE 123Key Information - Baidu, Inc.
  • TABLE 124Key Information - Huawei Technologies Co., Ltd.
  • TABLE 125Key Information - Terra Quantum AG
  • TABLE 126Key Information -SpinQ Technology Co., Ltd.
  • TABLE 127Key Information - QpiCloud Techonologies
  • TABLE 128Key Information - CERN
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