The Global Quantum Computing Market, 2020 to 2025 - Leading QC Application Areas are Simulation, Optimization & Sampling - ResearchAndMarkets.com

DUBLIN--()--The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.

This report assesses the technology, companies/organizations, R&D efforts, and potential solutions facilitated by quantum computing. The report provides global and regional forecasts as well as the outlook for quantum computing impact on infrastructure including hardware, software, applications, and services from 2020 to 2025. This includes the quantum computing market across major industry verticals.

Select Report Findings:

  • The market for QC hardware will reach $6.2 billion by 2025
  • Leading QC application areas are simulation, optimization, and sampling
  • QC professional services will reach $512 million by 2025 growing at 73.5% CAGR
  • Leading QC professional services will be deployment, maintenance, and consulting
  • The fastest growing market industry verticals for QC will be government, energy, and transportation

While classical (non-quantum) computers make the modern digital world possible, there are many tasks that cannot be solved using conventional computational methods. This is because of limitations in processing power. For example, fourth-generation computers cannot perform multiple computations at one time with one processor. Physical phenomena at the nanoscale indicate that a quantum computer is capable of computational feats that are orders of magnitude greater than conventional methods.

This is due to the use of something referred to as a quantum bit (qubit), which may exist as a zero or one (as in classical computing) or may exist in two-states simultaneously (0 and 1 at the same time) due to the superposition principle of quantum physics. This enables greater processing power than the normal binary (zero only or one only) representation of data.

Whereas parallel computing is achieved in classical computers via linking processors together, quantum computers may conduct multiple computations with a single processor. This is referred to as quantum parallelism and is a major difference between hyper-fast quantum computers and speed-limited classical computers.

Quantum computing is anticipated to support many new and enhanced capabilities including:

  • Ultra-secure Data and Communications: Data is encrypted and also follow multiple paths through a phenomenon known as quantum teleportation
  • Super-dense Data and Communications: Significantly denser encoding will allow substantially more information to be sent from point A to point B

While there is great promise for quantum computing, it remains in the research and development (R&D) stage as companies, universities, and research organizations see to solve some of the practical problems for commercialization such as how to keep a qubit stable.

The implications for data processing, communications, digital commerce and security, and the Internet as a whole cannot be overstated as quantum computing is poised to radically transform the Information and Communications Technology (ICT) sector.

In addition to many anticipated impacts within the ICT vertical, it is anticipated that quantum computing will disrupt entire industries ranging from government and defense to logistics and manufacturing. No industry vertical will be immune to the potential impact of quantum computing, and therefore, every industry must pay great attention to technology developments, implementation, integration, and market impacts.

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Technology and Market Analysis

4. Quantum Computing Value Chain Analysis

4.1 Quantum Computing Value Chain Structure

4.2 Quantum Computing Competitive Analysis

5. Company Analysis

5.1 D-Wave Systems Inc.

5.2 Google Inc.

5.3 Microsoft Corporation

5.4 IBM Corporation

5.5 Intel Corporation

5.6 Nokia Corporation

5.7 Toshiba Corporation

5.8 Raytheon Company

5.9 Other Companies

5.9.1 1QB Information Technologies Inc. (IQbit)

5.9.2 Cambridge Quantum Computing Ltd. (CQC)

5.9.3 QC Ware Corp.

5.9.4 MagiQ Technologies Inc.

5.9.5 QxBranch LLC

5.9.6 Rigetti Computing

5.9.7 Anyon Systems Inc.

5.9.8 Quantum Circuits Inc.

5.9.9 Hewlett Packard Enterprise (HPE)

5.9.10 Fujitsu Ltd.

5.9.11 NEC Corporation

5.9.12 SK Telecom

5.9.13 Lockheed Martin Corporation

5.9.14 NTT Docomo Inc.

5.9.15 Alibaba Group Holding Limited

5.9.16 Booz Allen Hamilton Inc.

5.9.17 Airbus Group

5.9.18 Amgen Inc.

5.9.19 Biogen Inc.

5.9.20 BT Group

5.9.21 Mitsubishi Electric Corp.

5.9.22 Volkswagen AG

5.9.23 KPN

5.10 Ecosystem Contributors

6. Quantum Computing Market Analysis and Forecasts 2020 - 2025

7. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/b0n4kn

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900