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The Worldwide Quantum Computing Industry will Exceed $7.1 Billion by 2026 – Yahoo Finance

Posted: January 20, 2021 at 12:47 am

Dublin, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2021 - 2026" 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 2021 to 2026. This includes the quantum computing market across major industry verticals.

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

Target Audience:

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ICT Service Providers

ICT Infrastructure Providers

Security Solutions Providers

Data and Computing Companies

Governments and NGO R&D Organizations

Select Report Findings:

The global market for QC hardware will exceed $7.1 billion by 2026

Leading application areas are simulation, optimization, and sampling

Managed services will reach $206 million by 2026 with CAGR of 44.2%

Key professional services will be deployment, maintenance, and consulting

QC based on superconducting (cooling) loops tech will reach $3.3B by 2026

Fastest growing industry verticals will be government, energy, and transportation

Report Benefits:

Market forecasts globally, regionally, and by opportunity areas for 2021 - 2026

Understand how quantum computing will accelerate growth of artificial intelligence

Identify opportunities to leverage quantum computing in different industry verticals

Understand challenges and limitations to deploying and operating quantum computing

Identify contribution of leading vendors, universities, and government agencies in R&D

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Technology and Market Analysis3.1 Quantum Computing State of the Industry3.2 Quantum Computing Technology Stack3.3 Quantum Computing and Artificial Intelligence3.4 Quantum Neurons3.5 Quantum Computing and Big Data3.6 Linear Optical Quantum Computing3.7 Quantum Computing Business Model3.8 Quantum Software Platform3.9 Application Areas3.10 Emerging Revenue Sectors3.11 Quantum Computing Investment Analysis3.12 Quantum Computing Initiatives by Country3.12.1 USA3.12.2 Canada3.12.3 Mexico3.12.4 Brazil3.12.5 UK3.12.6 France3.12.7 Russia3.12.8 Germany3.12.9 Netherlands3.12.10 Denmark3.12.11 Sweden3.12.12 Saudi Arabia3.12.13 UAE3.12.14 Qatar3.12.15 Kuwait3.12.16 Israel3.12.17 Australia3.12.18 China3.12.19 Japan3.12.20 India3.12.21 Singapore

4.0 Quantum Computing Drivers and Challenges4.1 Quantum Computing Market Dynamics4.2 Quantum Computing Market Drivers4.2.1 Growing Adoption in Aerospace and Defense Sectors4.2.2 Growing investment of Governments4.2.3 Emergence of Advance Applications4.3 Quantum Computing Market Challenges

5.0 Quantum Computing Use Cases5.1 Quantum Computing in Pharmaceuticals5.2 Applying Quantum Technology to Financial Problems5.3 Accelerate Autonomous Vehicles with Quantum AI5.4 Car Manufacturers using Quantum Computing5.5 Accelerating Advanced Computing for NASA Missions

6.0 Quantum Computing Value Chain Analysis6.1 Quantum Computing Value Chain Structure6.2 Quantum Computing Competitive Analysis6.2.1 Leading Vendor Efforts6.2.2 Start-up Companies6.2.3 Government Initiatives6.2.4 University Initiatives6.2.5 Venture Capital Investments6.3 Large Scale Computing Systems

7.0 Company Analysis7.1 D-Wave Systems Inc.7.1.1 Company Overview:7.1.2 Product Portfolio7.1.3 Recent Development7.2 Google Inc.7.2.1 Company Overview:7.2.2 Product Portfolio7.2.3 Recent Development7.3 Microsoft Corporation7.3.1 Company Overview:7.3.2 Product Portfolio7.3.3 Recent Development7.4 IBM Corporation7.4.1 Company Overview:7.4.2 Product Portfolio7.4.3 Recent Development7.5 Intel Corporation7.5.1 Company Overview7.5.2 Product Portfolio7.5.3 Recent Development7.6 Nokia Corporation7.6.1 Company Overview7.6.2 Product Portfolio7.6.3 Recent Developments7.7 Toshiba Corporation7.7.1 Company Overview7.7.2 Product Portfolio7.7.3 Recent Development7.8 Raytheon Company7.8.1 Company Overview7.8.2 Product Portfolio7.8.3 Recent Development7.9 Other Companies7.9.1 1QB Information Technologies Inc.7.9.1.1 Company Overview7.9.1.2 Recent Development7.9.2 Cambridge Quantum Computing Ltd.7.9.2.1 Company Overview7.9.2.2 Recent Development7.9.3 QC Ware Corp.7.9.3.1 Company Overview7.9.3.2 Recent Development7.9.4 MagiQ Technologies Inc.7.9.4.1 Company Overview7.9.5 Rigetti Computing7.9.5.1 Company Overview7.9.5.2 Recent Development7.9.6 Anyon Systems Inc.7.9.6.1 Company Overview7.9.7 Quantum Circuits Inc.7.9.7.1 Company Overview7.9.7.2 Recent Development7.9.8 Hewlett Packard Enterprise (HPE)7.9.8.1 Company Overview7.9.8.2 Recent Development7.9.9 Fujitsu Ltd.7.9.9.1 Company Overview7.9.9.2 Recent Development7.9.10 NEC Corporation7.9.10.1 Company Overview7.9.10.2 Recent Development7.9.11 SK Telecom7.9.11.1 Company Overview7.9.11.2 Recent Development7.9.12 Lockheed Martin Corporation7.9.12.1 Company Overview7.9.13 NTT Docomo Inc.7.9.13.1 Company Overview7.9.13.2 Recent Development7.9.14 Alibaba Group Holding Limited7.9.14.1 Company Overview7.9.14.2 Recent Development7.9.15 Booz Allen Hamilton Inc.7.9.15.1 Company Overview7.9.16 Airbus Group7.9.16.1 Company Overview7.9.16.2 Recent Development7.9.17 Amgen Inc.7.9.17.1 Company Overview7.9.17.2 Recent Development7.9.18 Biogen Inc.7.9.18.1 Company Overview7.9.18.2 Recent Development7.9.19 BT Group7.9.19.1 Company Overview7.9.19.2 Recent Development7.9.20 Mitsubishi Electric Corp.7.9.20.1 Company Overview7.9.21 Volkswagen AG7.9.21.1 Company Overview7.9.21.2 Recent Development7.9.22 KPN7.9.22.1 Recent Development7.10 Ecosystem Contributors7.10.1 Agilent Technologies7.10.2 Artiste-qb.net7.10.3 Avago Technologies7.10.4 Ciena Corporation7.10.5 Eagle Power Technologies Inc7.10.6 Emcore Corporation7.10.7 Enablence Technologies7.10.8 Entanglement Partners7.10.9 Fathom Computing7.10.10 Alpine Quantum Technologies GmbH7.10.11 Atom Computing7.10.12 Black Brane Systems7.10.13 Delft Circuits7.10.14 EeroQ7.10.15 Everettian Technologies7.10.16 EvolutionQ7.10.17 H-Bar Consultants7.10.18 Horizon Quantum Computing7.10.19 ID Quantique (IDQ)7.10.20 InfiniQuant7.10.21 IonQ7.10.22 ISARA7.10.23 KETS Quantum Security7.10.24 Magiq7.10.25 MDR Corporation7.10.26 Nordic Quantum Computing Group (NQCG)7.10.27 Oxford Quantum Circuits7.10.28 Post-Quantum (PQ Solutions)7.10.29 ProteinQure7.10.30 PsiQuantum7.10.31 Q&I7.10.32 Qasky7.10.33 QbitLogic7.10.34 Q-Ctrl7.10.35 Qilimanjaro Quantum Hub7.10.36 Qindom7.10.37 Qnami7.10.38 QSpice Labs7.10.39 Qu & Co7.10.40 Quandela7.10.41 Quantika7.10.42 Quantum Benchmark Inc.7.10.43 Quantum Circuits Inc. (QCI)7.10.44 Quantum Factory GmbH7.10.45 QuantumCTek7.10.46 Quantum Motion Technologies7.10.47 QuantumX7.10.48 Qubitekk7.10.49 Qubitera LLC7.10.50 Quintessence Labs7.10.51 Qulab7.10.52 Qunnect7.10.53 QuNu Labs7.10.54 River Lane Research (RLR)7.10.55 SeeQC7.10.56 Silicon Quantum Computing7.10.57 Sparrow Quantum7.10.58 Strangeworks7.10.59 Tokyo Quantum Computing (TQC)7.10.60 TundraSystems Global Ltd.7.10.61 Turing7.10.62 Xanadu7.10.63 Zapata Computing7.10.64 Accenture7.10.65 Atos Quantum7.10.66 Baidu7.10.67 Northrop Grumman7.10.68 Quantum Computing Inc.7.10.69 Keysight Technologies7.10.70 Nano-Meta Technologies7.10.71 Optalysys Ltd.

8.0 Quantum Computing Market Analysis and Forecasts 2021 - 20268.1.1 Quantum Computing Market by Infrastructure8.1.1.1 Quantum Computing Market by Hardware Type8.1.1.2 Quantum Computing Market by Application Software Type8.1.1.3 Quantum Computing Market by Service Type8.1.1.3.1 Quantum Computing Market by Professional Service Type8.1.2 Quantum Computing Market by Technology Segment8.1.3 Quantum Computing Market by Industry Vertical8.1.4 Quantum Computing Market by Region8.1.4.1 North America Quantum Computing Market by Infrastructure, Technology, Industry Vertical, and Country8.1.4.2 European Quantum Computing Market by Infrastructure, Technology, and Industry Vertical8.1.4.3 Asia-Pacific Quantum Computing Market by Infrastructure, Technology, and Industry Vertical8.1.4.4 Middle East & Africa Quantum Computing Market by Infrastructure, Technology, and Industry Vertical8.1.4.5 Latin America Quantum Computing Market by Infrastructure, Technology, and Industry Vertical

9.0 Conclusions and Recommendations

10.0 Appendix: Quantum Computing and Classical HPC10.1 Next Generation Computing10.2 Quantum Computing vs. Classical High-Performance Computing10.3 Artificial Intelligence in High Performance Computing10.4 Quantum Technology Market in Exascale Computing

For more information about this report visit https://www.researchandmarkets.com/r/omefq7

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The Worldwide Quantum Computing Industry will Exceed $7.1 Billion by 2026 - Yahoo Finance

Recommendation and review posted by Ashlie Lopez