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Global enterprise quantum computing market is estimated to reach market value of USD 2-3 billion by 2023 growing at a 34% CAGR during forecast period 2018u20132023.
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Enterprise Quantum Computing Market Research Report By Forecast To 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Enterprise Quantum Computing Market Forecast To 2023 Counter UAS Market Overview Global enterprise quantum computing market is estimated to reach market value of USD 2-3 billion by 2023 growing at a 34% CAGR during forecast period 2018–2023. Rising awareness about quantum computing among BFSI, defense and automotive, increasing rate of cyber crimes, and stringency of government initiatives in developing quantum computing technology are some of the prime driving factors for the growth of the market. However, complexity in implementation is one of the major factors expected to hamper the market growth in coming years. Whereas, developments in artificial intelligence and big data analytics is expected to offer various opportunities in the market. Additionally, compatibility issues within low temperature requirements, and the use of quantum entanglement during network communication are some of the challenges faced by the market. Free Report Sample @ https://www.marketresearchfuture.com/sample_request/7550 2 www.marketresearchfuture.com
Enterprise Quantum Computing Market Forecast To 2023 Segmental Analysis Quantum computers are based on the principle of superposition which allows them to achieve high computational power necessary for advanced applications such as cryptography, drug discovery, and machine learning. Presently, cryptography is based on public key algorithms such as AES-256, RSA, and ECDSA. These algorithms are secure as per the existing computing needs but are expected to be rendered useless as quantum computing advances. Quantum computing application developers have started testing encryption algorithms with quantum keys which is expected to offer secure encryption for the protection of data against the computational power of future systems. Quantum cryptography is expected to transform the way we carry out transactions and data communication in the years to come and with continuous innovation in this technology, the adoption of quantum computing among enterprises may increase during the forecast period. The enterprise quantum computing market is estimated to grow at a significant rate during the forecast period 2018 to 2023. The geographical analysis of enterprise quantum computing market has been studied for North America (US, Canada, and Mexico), Europe (Germany, UK, France, Russia, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, Australia, South Korea, and the rest of Asia-Pacifc), and the rest of the world (including the Middle East & Africa, and South America). The rest of the world enterprise quantum computing market is expected to grow with a steady rate during the forecast period. The presence of research facilities of companies such as IBM in Brazil is expected to significantly impact the development of quantum computing technology in the region. However, lack of skilled workforce is projected to hamper the growth of regional enterprise quantum computing market. 3 www.marketresearchfuture.com
Enterprise Quantum Computing Market Forecast To 2023 Segmental Analysis • The global enterprise quantum computing market is segmented into component, deployment, technology, application, vertical and region. • By component, the market has been segmented into hardware, software, and services. • By deployment, the market has been segmented into on-premise, on-cloud and hybrid. • By technique, the market has been sub-segmented into simulation, superconducting, and quantum annealing among others • By application, the market has been segmented into advanced cryptography, data analytics, pattern recognition, medical research, automation, and optimization among others • By end-user, the market has been classified into aerospace & defense, automotive, IT and telecommunication, BFSI, medical, chemical, transportation, energy and power, among others. • By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Regional Analysis Market Research Future (MRFR) study has covered the following countries in regional analysis of enterprise quantum computing market—the US, Canada and Mexico in North America. Germany, the UK, France, Russia, Spain, and Italy in Europe. China, Japan, India, Singapore, Australia, and South Korea in Asia-Pacific. The Middle East & Africa and South America in the rest of the world.At present, North America is dominating the global enterprise quantum computing market, followed by Europe, Asia-Pacific, and RoW. Heavy investments by companies as well as governments in the region, especially the US, for research and development of quantum computing technology is expected to drive the market growth in North America. The US currently holds the highest market share in the North American enterprise quantum computing market. The presence of technology leaders such as Google, IBM Corporation and Intel in the country is also expected to contribute to the growth of the market in coming years. 4 www.marketresearchfuture.com
Enterprise Quantum Computing Market Forecast To 2023 Competitive Analysis MRFR has considered QRA Corp, Intel Corporation, D-Wave Systems Inc, Cambridge Quantum, Computing Ltd, QC Ware Corp., Rigetti & Co, Inc., QxBranch, Inc., IBM Corporation, Google LLC, Quantum Circuits, Inc., Microsoft Corporation, Cisco Systems, and Atos SE as some of the key players in enterprise quantum computing market. Other companies profiled in the report are Technology investors, Quantum computer manufacturers, Quantum dots manufacturers, Government agencies, Aerospace equipment manufacturers, Original equipment manufacturers (OEMs), Educational Institutes, Developers and platform providers, Research/Consultancy firms Browse Report @ https://www.marketresearchfuture.com/reports/enterprise-quantum-computing-market-7550 5 www.marketresearchfuture.com
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