Quantum Computing - Global Strategic Business Report

The global market for Quantum Computing is estimated at US$900.7 Million in 2023 and is projected to reach US$5.9 Billion by 2030, growing at a CAGR of 30.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the quantum computing market is driven by several factors. Advances in quantum hardware, such as the development of more stable and scalable qubits, are making quantum computers more practical and powerful. The increasing investment from both private and public sectors is fueling research and development efforts, with significant funding flowing into startups and established tech companies alike. The growing need for enhanced computational power in industries such as pharmaceuticals, finance, and logistics is pushing demand for quantum solutions that can address complex optimization and simulation problems.

Additionally, the rise of quantum cloud services is making quantum computing more accessible to businesses and researchers who lack the resources to develop their own quantum systems. Collaboration between academia, industry, and government agencies is also playing a crucial role in advancing the technology and its applications. Finally, the anticipation of breakthroughs in quantum cryptography and the potential for unbreakable encryption are spurring interest and investment in the quantum computing sector.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Quantum Computing System segment, which is expected to reach US$3.2 Billion by 2030 with a CAGR of a 27.7%. The Quantum Computing Services segment is also set to grow at 35.2% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $263.5 Million in 2023, and China, forecasted to grow at an impressive 36.7% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Quantum Computing Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Quantum Computing Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Quantum Computing Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as 1QB Information Technologies Inc., Accenture, Anyon Systems Inc., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 118 Featured):

1QB Information Technologies Inc.
Accenture
Anyon Systems Inc.
Atom Computing, Inc.
D-Wave Systems Inc.
evolutionQ Inc.
Fraunhofer Institute for Applied Solid State Physics IAF
Fujitsu Limited
Google Inc.
Hewlett Packard Enterprise Company
Hitachi Ltd
ID Quantique SA
Intel Corporation
International Business Machines Corporation
IonQ, Inc.
Magiq Technologies, Inc.
Microsoft Corporation
Nippon Telegraph and Telephone Corporation
Northrop Grumman Systems Corporation
QC Ware Corp.
Quantum Circuits, Inc.
Qubitekk, Inc.
QuintessenceLabs Pty Ltd
Rigetti Computing, Inc.
Riverlane Ltd.
Toshiba Corporation
Xanadu Quantum Technologies Inc.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

The Digital Age Finally Makes the Quantum Leap. Here’s Our Take on this Exciting Journey
Massive Potential of Quantum Computing to Contribute to Global & Regional GDPs Encourage Countries to Step Up Investments in Quantum Computing: Investment Commitment for Quantum Computing (In US$ Million) by Country for the Year 2024
Global Economic Update
Global Oil Prices Remain Nervous Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2025
While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth by Easing Financial Conditions: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
Competition
Quantum Computing - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Recent Market Activity
Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Quantum Blockchain Ignites Interest of Developers and the Research Community
Quantum AI or Quantum Powered AI Inches Closer to Reality
Breakthroughs in Quantum Error Correction Primes the Technology Towards Faster Commercialization
Topological Quantum Computing, an Innovative Breakthrough in Quantum Computing
Quantum Teleportation Offers a Revolutionary New Way of Communication. Here’s the Story
The Quest for Increased Qubit Count Continues
A Review of the Rise of Quantum Cloud Services
Quantum Computing Fuels Value Creation in the BFSI Industry
Digital Transformation in BFSI Market Opens a Parallel Opportunity for Quantum Computing Given its Essential Role in Digitalization's Next Frontier: Global Digital Transformation in the BFSI Sector (In US$ Billion) for Years 2024, 2026, 2028, 2030 and 2032
Quantum Computing Comes to Healthcare With a Billion Dollars in Efficiency & Productivity Gains
Digital Transformation in Healthcare Expands the Addressable Market for Quantum Computing: Global Spending on Healthcare Digital Transformation for Years 2024 2026 2028, 2030 and 2032
The Time is Ripe for the Automotive Industry to Turn to Quantum Computing. Here’s Why
Quantum Computing Turns Conventional Cybersecurity Upside Down, Necessitating New Strategies to Manage the Quantum Cybersecurity Threat
EXECUTIVE/INFLUENCER INSIGHTS & CITATIONS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Quantum Computing Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Quantum Computing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 3: World Historic Review for Quantum Computing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 4: World 10-Year Perspective for Quantum Computing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020, 2024 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 6: World Historic Review for System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 7: World 10-Year Perspective for System by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 9: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 10: World 10-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for On-Premises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 12: World Historic Review for On-Premises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 13: World 10-Year Perspective for On-Premises by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 14: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 15: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 16: World 10-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 17: World Recent Past, Current & Future Analysis for Optimization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 18: World Historic Review for Optimization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 19: World 10-Year Perspective for Optimization by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 20: World Recent Past, Current & Future Analysis for Simulation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 21: World Historic Review for Simulation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 22: World 10-Year Perspective for Simulation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 23: World Recent Past, Current & Future Analysis for Machine Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 24: World Historic Review for Machine Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 25: World 10-Year Perspective for Machine Learning by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 26: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 27: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 28: World 10-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 29: World Recent Past, Current & Future Analysis for Bfsi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 30: World Historic Review for Bfsi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 31: World 10-Year Perspective for Bfsi by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 32: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 33: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 34: World 10-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 35: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 36: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 37: World 10-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 38: World Recent Past, Current & Future Analysis for Energy & Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 39: World Historic Review for Energy & Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 40: World 10-Year Perspective for Energy & Power by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 41: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 42: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 43: World 10-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030
TABLE 44: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 45: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
TABLE 46: World 10-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Quantum Computing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADAJAPANCHINA

EUROPE

Quantum Computing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPE

ASIA-PACIFIC

Quantum Computing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)

REST OF WORLDIV. COMPETITION

Companies Mentioned

1QB Information Technologies Inc.
Accenture
Anyon Systems Inc.
Atom Computing, Inc.
D-Wave Systems Inc.
evolutionQ Inc.
Fraunhofer Institute for Applied Solid State Physics IAF
Fujitsu Limited
Google Inc.
Hewlett Packard Enterprise Company
Hitachi Ltd
ID Quantique SA
Intel Corporation
International Business Machines Corporation
IonQ, Inc.
Magiq Technologies, Inc.
Microsoft Corporation
Nippon Telegraph and Telephone Corporation
Northrop Grumman Systems Corporation
QC Ware Corp.
Quantum Circuits, Inc.
Qubitekk, Inc.
QuintessenceLabs Pty Ltd
Rigetti Computing, Inc.
Riverlane Ltd.
Toshiba Corporation
Xanadu Quantum Technologies Inc.

Table Information

Report Attribute	Details
No. of Pages	699
Published	December 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 900.7 Million
Forecasted Market Value ( USD ) by 2030	$ 5900 Million
Compound Annual Growth Rate	30.7%
Regions Covered	Global
No. of Companies Mentioned	27

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4874EUR$4,950USD£4,039GBP
1 - 10 USER LICENSE PDF	The product is a PDF.	This is a 1-10 user license, allowing up to ten users have access to the product.	€9261EUR$9,405USD£7,674GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€14622EUR$14,850USD£12,117GBP

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 118 Featured):

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Quantum Computing in Healthcare - Global Strategic Business Report

Quantum Computing Market by Offering, Deployment (On-Premises and Cloud), Application (Optimization, Simulation, Machine Learning), Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits), End User and Region - Forecast to 2029

Quantum Computing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Enterprise Quantum Computing Market by Component, Deployment Mode, Organization Size, Application, End-User Industry - Global Forecast 2025-2030

Quantum Computing Market Based on by Deployment (Cloud, On-Premises), by Offering (System, Services), by End-User (Bfsi, Chemical), by Application (Ml, Simulation), Regional Outlook - Global Forecast Up to 2030