Global Quantum Computing Market Report By Offering (On-Premises, Cloud-Based), By Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits, Others (Topological and Photonic), By End-User (Banking & Finance, Space and Defense, Banking and Finance, Healthcare and Pharmaceuticals, Chemicals, Energy and Power, Transportation and Logistics, Academia, Government) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214576
April 2021
Report Formats:

Global Quantum Computing Market Overview
The key driver impacting the quantum computing market is the rising investments in quantum computing technology. For instance, In August 2020, The U.S. government announced $1 billion in new funding for multidisciplinary AI and quantum computing research. Around $625 million of today’s this funding will lead to research involving quantum information sciences in five centers connected to the Department of Energy (DOE). The Indian Government, in its recent budget (2020-2021), declared its plans to spend $1.12 billion in quantum computing research in the next five years. Canada is considered the leading country in quantum research. It has invested more than $1b in quantum research over the past decade. In 2018, the German Federal Government declared a Framework Programme to bring quantum technologies to market. They also invested 650million euros in its quantum technologies Programme. Moreover, the increasing need for high-level computing performance contributes to the quantum computing market's growth in the coming years.

According to Value Market Research, the global quantum computing market size was valued at around USD 450 million in 2020 and is estimated to grow at a CAGR of about 30% during the forecast period 2021 to 2027.

The rise in the number of strategic partnerships and collaborations to carry out quantum computing technology advancements is estimated to augment quantum computing needs in the forecast period. For example, large research institutes like Princeton University, Massachusetts Institute of Technology, and the University of Waterloo are researching and working together on quantum computer prototypes. However, the stability and error correction issues may hamper the market in the long run. Also, the dearth of highly skilled professionals negatively impacts the market. The current industry trends, such as the technological advancements in quantum computing, and the surge in adoption of quantum computing technology for drug discovery, are likely to provide market players with new market opportunities.

The quantum computing market is vast, with many local and global players. The quantum computing market is extensive, with many international and regional players. The key market leaders follow several strategies to increase their market statuses, such as extending product portfolio, amalgamation, contracts, acquisitions, product upgrades to enlarge their market share across the globe. The important players studied in the report are D-Wave Systems International Business Machines, Microsoft, Honeywell International, Amazon, Google, Rigetti Computing Intel, Quantum Circuits, and QC Ware.

Global Quantum Computing Market Share
 
In this research report, the quantum computing market is segmented by offering, technology, end-user industry, and region.

Analysis by Offering
By offering, the report is categorized into on-premises, and cloud-based. Cloud-based together dominates the offering segment with over 55% share in 2020. It is due to the growing demand for cloud-based deployment of quantum computing systems and services with the development of highly powerful systems. Moreover, the limited lifespan of speedily advancing quantum computing systems greatly favors providers of cloud service contributing to the growth of cloud-based offerings in the forecast period.

Analysis by Technology
By technology, the report is categorized into trapped ions, quantum annealing, superconducting qubits, and others (topological and photonic). Superconducting qubits dominate the technology segment with over 30% share in 2020. It is due to the faster operations of quantum computers based on superconducting qubits technology than the computers equipped with other technologies. Moreover, technology companies such as IBM, Google, and Intel are expected to launch their quantum computing services with superconducting qubits in the coming years.

Analysis by End-User:
By end-user, the report is categorized into banking & finance, space and defense, banking and finance, healthcare and pharmaceuticals, chemicals, energy and power, transportation and logistics, academia, and government. Banking & Finance dominate the end-user segment with over 20% share in 2020. It is due to the high focus on increasing the speed of trade activities, transactions, and data processing manifolds. Moreover, it helps identify an improved and efficient way to manage financial risks in the coming years and contributes to the increased market demand from the banking sector in the forecast period.

Analysis by Region:
In the regional outlook of the global Quantum computing market, the North America region dominates globally with a 30% market share in the forecast period. It is because of the high adoption of quantum computing technology in this region due to the presence of a large number of US-based users and significant players in the quantum computing market. Moreover, the technological advancements and rising investment in research and development of quantum computing by the U.S. government contribute to market growth across North America.

Market Segmentation covered in the Report:
By Offering
  • On-Premises
  • Cloud-Based
By Technology
  • Trapped Ions
  • Quantum Annealing
  • Superconducting Qubits
  • Others (Topological and Photonic) 
 By End-User
  • Banking & Finance
  • Space and Defense
  • Banking and Finance
  • Healthcare and Pharmaceuticals
  • Chemicals
  • Energy and Power
  • Transportation and Logistics
  • Academia
  • Government
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . QUANTUM COMPUTING – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Offering
           3.7.2 By Technology
           3.7.3 By End-User
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL QUANTUM COMPUTING MARKET ANALYSIS BY OFFERING
       6.1 Overview by Offering
       6.2 Historical and Forecast Data
       6.3 Analysis by Offering
       6.4 On-Premises Market by Regions
       6.5 Cloud-Based Market by Regions
 
7 . GLOBAL QUANTUM COMPUTING MARKET ANALYSIS BY TECHNOLOGY
       7.1 Overview by Technology
       7.2 Historical and Forecast Data
       7.3 Analysis by Technology
       7.4 Trapped Ions Market by Regions
       7.5 Quantum Annealing Market by Regions
       7.6 Superconducting Qubits Market by Regions
       7.7 Others Market by Regions
 
8 . GLOBAL QUANTUM COMPUTING MARKET ANALYSIS BY END-USER
       8.1 Overview by End-User
       8.2 Historical and Forecast Data
       8.3 Analysis by End-User
       8.4 Banking & Finance Market by Regions
       8.5 Space and Defense Market by Regions
       8.6 Banking and Finance Market by Regions
       8.7 Healthcare and Pharmaceuticals Market by Regions
       8.8 Chemicals Market by Regions
       8.9 Energy and Power Market by Regions
       8.10. Transportation and Logistics Market by Regions
       8.11 Academia Market by Regions
       8.12 Government Market by Regions
 
9 . GLOBAL QUANTUM COMPUTING MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE QUANTUM COMPUTING COMPANIES
       10.1. Quantum Computing Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF QUANTUM COMPUTING INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. D-Wave Systems International Business Machines
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Microsoft
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Honeywell International
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Amazon
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Google
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Rigetti Computing Intel
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Quantum Circuits
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. QC Ware
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Offering (USD MN)
  •  On-Premises Market by Geography (USD MN)
  •  Cloud-Based Market by Geography (USD MN)
  •  Analysis Market by Technology (USD MN)
  •  Trapped Ions Market by Geography (USD MN)
  •  Quantum Annealing Market by Geography (USD MN)
  •  Superconducting Qubits Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Analysis by End-User (USD MN)
  •  Banking & Finance Market by Geography (USD MN)
  •  Space and Defense Market by Geography (USD MN)
  •  Banking and Finance Market by Geography (USD MN)
  •  Healthcare and Pharmaceuticals Market by Geography (USD MN)
  •  Chemicals Market by Geography (USD MN)
  •  Energy and Power Market by Geography (USD MN)
  •  Transportation and Logistics Market by Geography (USD MN)
  •  Academia Market by Geography (USD MN)
  •  Government Market by Geography (USD MN)
  •  Global Quantum Computing Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Quantum Computing Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Quantum Computing Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Offering
  •  Market Attractiveness Analysis by Technology
  •  Market Attractiveness Analysis by End-User
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Offering (USD MN)
  •  On-Premises Market by Geography (USD MN)
  •  Cloud-Based Market by Geography (USD MN)
  •  Global Market Analysis by Technology (USD MN)
  •  Trapped Ions Market by Geography (USD MN)
  •  Quantum Annealing Market by Geography (USD MN)
  •  Superconducting Qubits Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market Analysis by End-User (USD MN)
  •  Banking & Finance Market by Geography (USD MN)
  •  Space and Defense Market by Geography (USD MN)
  •  Banking and Finance Market by Geography (USD MN)
  •  Healthcare and Pharmaceuticals Market by Geography (USD MN)
  •  Chemicals Market by Geography (USD MN)
  •  Energy and Power Market by Geography (USD MN)
  •  Transportation and Logistics Market by Geography (USD MN)
  •  Academia Market by Geography (USD MN)
  •  Government Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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