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PUBLISHER: KBV Research | PRODUCT CODE: 1462035
PUBLISHER: KBV Research | PRODUCT CODE: 1462035
LAMEA 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 Latin America, Middle East and Africa Cloud-based Quantum Computing Market would witness market growth of 22.7% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA 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 $46.6 million by 2030. The Argentina market is showcasing a CAGR of 23.2% during (2023 - 2030). Additionally, the UAE market would register a CAGR of 22.3% during (2023 - 2030).
The emergence of hybrid quantum-classical systems represents a significant trend in this technology. Integrating classical computing with quantum processors allows for more robust error correction, algorithm optimization, and improved performance. To capitalize on the respective merits of classical and quantum systems, cloud service providers are investigating hybrid strategies that provide a practical route to developing quantum applications.
Furthermore, integrating quantum machine learning frameworks into cloud-based computing platforms is a notable innovation. Frameworks like TensorFlow Quantum and Qiskit Machine Learning provide tools for developing quantum-enhanced machine learning models. This convergence of quantum computing and machine learning opens avenues for solving complex problems and exploring novel data analysis and pattern recognition applications.
This can optimize various healthcare operations in Brazil, including resource allocation, appointment scheduling, and supply chain management. As per the data from the International Trade Administration for Healthcare IT, the Ministry of Health announced investments of $83 million for digitalizing the public basic healthcare system from 2020 to 2028. With initiatives that will be periodically released and an eight-year timetable, the "Digital Strategy for Brazil" was developed to plan and promote adopting digital solutions and platforms in the public sector. The UBS Digital public initiative, which will fund $3 million for telemedicine solutions in outlying areas to deliver services in geriatrics, cardiology, dermatology, and endocrinology, was introduced in 2022. Thus, the growing healthcare sector in LAMEA will lead to enhanced demand for cloud-based computing in the region.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Cloud-based Quantum Computing Market, by Solution
- 1.4.2LAMEA Cloud-based Quantum Computing Market, by Technology
- 1.4.3LAMEA Cloud-based Quantum Computing Market, by Application
- 1.4.4LAMEA Cloud-based Quantum Computing Market, by Vertical
- 1.4.5LAMEA 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
- 3.1.1Overview
- 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.LAMEA Cloud-based Quantum Computing Market by Solution
- 5.1LAMEA Software Market by Country
- 5.2LAMEA Services Market by Country
Chapter 6.LAMEA Cloud-based Quantum Computing Market by Technology
- 6.1LAMEA Superconducting Qubits Market by Country
- 6.2LAMEA Trapped Ions Market by Country
- 6.3LAMEA Quantum Annealing Market by Country
- 6.4LAMEA Others Market by Country
Chapter 7.LAMEA Cloud-based Quantum Computing Market by Application
- 7.1LAMEA Optimization Market by Country
- 7.2LAMEA Simulation & Modelling Market by Country
- 7.3LAMEA Sampling Market by Country
- 7.4LAMEA Others Market by Country
Chapter 8.LAMEA Cloud-based Quantum Computing Market by Vertical
- 8.1LAMEA BFSI Market by Country
- 8.2LAMEA Healthcare Market by Country
- 8.3LAMEA Automotive Market by Country
- 8.4LAMEA Energy & Power Market by Country
- 8.5LAMEA Aerospace & Defense Market by Country
- 8.6LAMEA Government Market by Country
- 8.7LAMEA Chemical Market by Country
- 8.8LAMEA Others Market by Country
Chapter 9.LAMEA Cloud-based Quantum Computing Market by Country
- 9.1Brazil Cloud-based Quantum Computing Market
- 9.1.1Brazil Cloud-based Quantum Computing Market by Solution
- 9.1.2Brazil Cloud-based Quantum Computing Market by Technology
- 9.1.3Brazil Cloud-based Quantum Computing Market by Application
- 9.1.4Brazil Cloud-based Quantum Computing Market by Vertical
- 9.2Argentina Cloud-based Quantum Computing Market
- 9.2.1Argentina Cloud-based Quantum Computing Market by Solution
- 9.2.2Argentina Cloud-based Quantum Computing Market by Technology
- 9.2.3Argentina Cloud-based Quantum Computing Market by Application
- 9.2.4Argentina Cloud-based Quantum Computing Market by Vertical
- 9.3UAE Cloud-based Quantum Computing Market
- 9.3.1UAE Cloud-based Quantum Computing Market by Solution
- 9.3.2UAE Cloud-based Quantum Computing Market by Technology
- 9.3.3UAE Cloud-based Quantum Computing Market by Application
- 9.3.4UAE Cloud-based Quantum Computing Market by Vertical
- 9.4Saudi Arabia Cloud-based Quantum Computing Market
- 9.4.1Saudi Arabia Cloud-based Quantum Computing Market by Solution
- 9.4.2Saudi Arabia Cloud-based Quantum Computing Market by Technology
- 9.4.3Saudi Arabia Cloud-based Quantum Computing Market by Application
- 9.4.4Saudi Arabia Cloud-based Quantum Computing Market by Vertical
- 9.5South Africa Cloud-based Quantum Computing Market
- 9.5.1South Africa Cloud-based Quantum Computing Market by Solution
- 9.5.2South Africa Cloud-based Quantum Computing Market by Technology
- 9.5.3South Africa Cloud-based Quantum Computing Market by Application
- 9.5.4South Africa Cloud-based Quantum Computing Market by Vertical
- 9.6Nigeria Cloud-based Quantum Computing Market
- 9.6.1Nigeria Cloud-based Quantum Computing Market by Solution
- 9.6.2Nigeria Cloud-based Quantum Computing Market by Technology
- 9.6.3Nigeria Cloud-based Quantum Computing Market by Application
- 9.6.4Nigeria Cloud-based Quantum Computing Market by Vertical
- 9.7Rest of LAMEA Cloud-based Quantum Computing Market
- 9.7.1Rest of LAMEA Cloud-based Quantum Computing Market by Solution
- 9.7.2Rest of LAMEA Cloud-based Quantum Computing Market by Technology
- 9.7.3Rest of LAMEA Cloud-based Quantum Computing Market by Application
- 9.7.4Rest of LAMEA 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 1LAMEA Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 2LAMEA Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 3LAMEA Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 4LAMEA Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 5LAMEA Software Market by Country, 2019 - 2022, USD Million
- TABLE 6LAMEA Software Market by Country, 2023 - 2030, USD Million
- TABLE 7LAMEA Services Market by Country, 2019 - 2022, USD Million
- TABLE 8LAMEA Services Market by Country, 2023 - 2030, USD Million
- TABLE 9LAMEA Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 10LAMEA Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 11LAMEA Superconducting Qubits Market by Country, 2019 - 2022, USD Million
- TABLE 12LAMEA Superconducting Qubits Market by Country, 2023 - 2030, USD Million
- TABLE 13LAMEA Trapped Ions Market by Country, 2019 - 2022, USD Million
- TABLE 14LAMEA Trapped Ions Market by Country, 2023 - 2030, USD Million
- TABLE 15LAMEA Quantum Annealing Market by Country, 2019 - 2022, USD Million
- TABLE 16LAMEA Quantum Annealing Market by Country, 2023 - 2030, USD Million
- TABLE 17LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 18LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 19LAMEA Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 20LAMEA Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 21LAMEA Optimization Market by Country, 2019 - 2022, USD Million
- TABLE 22LAMEA Optimization Market by Country, 2023 - 2030, USD Million
- TABLE 23LAMEA Simulation & Modelling Market by Country, 2019 - 2022, USD Million
- TABLE 24LAMEA Simulation & Modelling Market by Country, 2023 - 2030, USD Million
- TABLE 25LAMEA Sampling Market by Country, 2019 - 2022, USD Million
- TABLE 26LAMEA Sampling Market by Country, 2023 - 2030, USD Million
- TABLE 27LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 28LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 29LAMEA Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 30LAMEA Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 31LAMEA BFSI Market by Country, 2019 - 2022, USD Million
- TABLE 32LAMEA BFSI Market by Country, 2023 - 2030, USD Million
- TABLE 33LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 34LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 35LAMEA Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 36LAMEA Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 37LAMEA Energy & Power Market by Country, 2019 - 2022, USD Million
- TABLE 38LAMEA Energy & Power Market by Country, 2023 - 2030, USD Million
- TABLE 39LAMEA Aerospace & Defense Market by Country, 2019 - 2022, USD Million
- TABLE 40LAMEA Aerospace & Defense Market by Country, 2023 - 2030, USD Million
- TABLE 41LAMEA Government Market by Country, 2019 - 2022, USD Million
- TABLE 42LAMEA Government Market by Country, 2023 - 2030, USD Million
- TABLE 43LAMEA Chemical Market by Country, 2019 - 2022, USD Million
- TABLE 44LAMEA Chemical Market by Country, 2023 - 2030, USD Million
- TABLE 45LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 46LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 47LAMEA Cloud-based Quantum Computing Market by Country, 2019 - 2022, USD Million
- TABLE 48LAMEA Cloud-based Quantum Computing Market by Country, 2023 - 2030, USD Million
- TABLE 49Brazil Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 50Brazil Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 51Brazil Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 52Brazil Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 53Brazil Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 54Brazil Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 55Brazil Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 56Brazil Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 57Brazil Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 58Brazil Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 59Argentina Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 60Argentina Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 61Argentina Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 62Argentina Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 63Argentina Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 64Argentina Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 65Argentina Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 66Argentina Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 67Argentina Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 68Argentina Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 69UAE Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 70UAE Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 71UAE Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 72UAE Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 73UAE Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 74UAE Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 75UAE Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 76UAE Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 77UAE Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 78UAE Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 79Saudi Arabia Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 80Saudi Arabia Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 81Saudi Arabia Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 82Saudi Arabia Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 83Saudi Arabia Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 84Saudi Arabia Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 85Saudi Arabia Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 86Saudi Arabia Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 87Saudi Arabia Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 88Saudi Arabia Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 89South Africa Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 90South Africa Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 91South Africa Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 92South Africa Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 93South Africa Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 94South Africa Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 95South Africa Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 96South Africa Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 97South Africa Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 98South Africa Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 99Nigeria Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 100Nigeria Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 101Nigeria Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 102Nigeria Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 103Nigeria Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 104Nigeria Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 105Nigeria Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 106Nigeria Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 107Nigeria Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 108Nigeria Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
- TABLE 109Rest of LAMEA Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
- TABLE 110Rest of LAMEA Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
- TABLE 111Rest of LAMEA Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
- TABLE 112Rest of LAMEA Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
- TABLE 113Rest of LAMEA Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
- TABLE 114Rest of LAMEA Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
- TABLE 115Rest of LAMEA Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
- TABLE 116Rest of LAMEA Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
- TABLE 117Rest of LAMEA Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
- TABLE 118Rest of LAMEA 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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