The North America Enterprise Quantum Computing Market should witness market growth of 23.1% CAGR during the forecast period (2022-2028).
Over the next ten years, quantum computing is expected to change a number of business sectors, including banking, health, machine learning, and artificial intelligence. Money invested by investors, governments, and businesses pursuing total quantum dominance is the major driver of quantum computer advancements.
Advanced cryptography is where quantum computing is most often used. It is impossible to crack encryption that makes use of extremely big prime number factorization (300+ integers) using the common machines we use today. This decryption might be made simple with quantum computers, providing considerably greater safety for our digital lives and possessions. Quantum technology may make it possible to simulate considerably more intricate computer situations, such as those seen in aviation. Significant time and financial advantages for businesses come from assisting with aircraft scheduling and routing.
Businesses will be able to better optimize their investment plans, enhance encryption, find new goods, and do a lot more owing to quantum computing. Quantum research is now receiving enormous amounts of funding, private sector competitiveness, and mathematical and scientific skill.
In 2022, the United States allocated around $293 million to QIS (Quantum Information Science) research and development. The National Quantum Initiative Act, which was passed into law in 2018, is responsible for a large portion of the budget growth. This includes the National Institute of Standards and Technology's creation of quantum consortia and the National Science Foundation's development of Quantum Leap Challenge Institutes.
The US market dominated the North America Enterprise Quantum Computing Market by Country in 2021; thereby, achieving a market value of $1, 732.6 million by 2028. The Canada market is anticipated to grow at a CAGR of 25.9% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 24.8% during (2022-2028).
Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Technology, the market is segmented into Superconducting, Quantum Annealing, Trapped ion, Quantum dot and Others. Based on Application, the market is segmented into Cyber security, Machine Learning/Deep Learning/AI, Simulation & Data Modelling, Optimization and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Aerospace & Defense, Energy & Utilities, Healthcare & Life Sciences, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alibaba Group Holding Limited, D-Wave Systems Inc., Google Llc, Huawei Technologies Co. Ltd., Id Quantique, Intel Corporation, IBM Corporation, Microsoft Corporation, Rigetti & Co, Inc., and Toshiba Corporation
Over the next ten years, quantum computing is expected to change a number of business sectors, including banking, health, machine learning, and artificial intelligence. Money invested by investors, governments, and businesses pursuing total quantum dominance is the major driver of quantum computer advancements.
Advanced cryptography is where quantum computing is most often used. It is impossible to crack encryption that makes use of extremely big prime number factorization (300+ integers) using the common machines we use today. This decryption might be made simple with quantum computers, providing considerably greater safety for our digital lives and possessions. Quantum technology may make it possible to simulate considerably more intricate computer situations, such as those seen in aviation. Significant time and financial advantages for businesses come from assisting with aircraft scheduling and routing.
Businesses will be able to better optimize their investment plans, enhance encryption, find new goods, and do a lot more owing to quantum computing. Quantum research is now receiving enormous amounts of funding, private sector competitiveness, and mathematical and scientific skill.
In 2022, the United States allocated around $293 million to QIS (Quantum Information Science) research and development. The National Quantum Initiative Act, which was passed into law in 2018, is responsible for a large portion of the budget growth. This includes the National Institute of Standards and Technology's creation of quantum consortia and the National Science Foundation's development of Quantum Leap Challenge Institutes.
The US market dominated the North America Enterprise Quantum Computing Market by Country in 2021; thereby, achieving a market value of $1, 732.6 million by 2028. The Canada market is anticipated to grow at a CAGR of 25.9% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 24.8% during (2022-2028).
Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Technology, the market is segmented into Superconducting, Quantum Annealing, Trapped ion, Quantum dot and Others. Based on Application, the market is segmented into Cyber security, Machine Learning/Deep Learning/AI, Simulation & Data Modelling, Optimization and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Aerospace & Defense, Energy & Utilities, Healthcare & Life Sciences, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alibaba Group Holding Limited, D-Wave Systems Inc., Google Llc, Huawei Technologies Co. Ltd., Id Quantique, Intel Corporation, IBM Corporation, Microsoft Corporation, Rigetti & Co, Inc., and Toshiba Corporation
Scope of the Study
By Deployment Mode
- On-premises
- Cloud
By Technology
- Superconducting
- Quantum Annealing
- Trapped ion
- Quantum dot
- Others
By Application
- Cyber security
- Machine Learning/Deep Learning/AI
- Simulation & Data Modelling
- Optimization
- Others
By Component
- Hardware
- Software
- Services
By Vertical
- BFSI
- Telecom & IT
- Aerospace & Defense
- Energy & Utilities
- Healthcare & Life Sciences
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Alibaba Group Holding Limited
- D-Wave Systems Inc.
- Google Llc
- Huawei Technologies Co. Ltd.
- Id Quantique
- Intel Corporation
- IBM Corporation
- Microsoft Corporation
- Rigetti & Co, Inc.
- Toshiba Corporation
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise Quantum Computing Market, by Deployment Mode
1.4.2 North America Enterprise Quantum Computing Market, by Technology
1.4.3 North America Enterprise Quantum Computing Market, by Application
1.4.4 North America Enterprise Quantum Computing Market, by Component
1.4.5 North America Enterprise Quantum Computing Market, by Vertical
1.4.6 North America Enterprise Quantum Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar - 2022, Nov) Leading Players
Chapter 4. North America Enterprise Quantum Computing Market by Deployment Mode
4.1 North America On-premises Market by Country
4.2 North America Cloud Market by Country
Chapter 5. North America Enterprise Quantum Computing Market by Technology
5.1 North America Superconducting Market by Country
5.2 North America Quantum Annealing Market by Country
5.3 North America Trapped ion Market by Country
5.4 North America Quantum dot Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Enterprise Quantum Computing Market by Application
6.1 North America Cyber security Market by Country
6.2 North America Machine Learning/Deep Learning/AI Market by Country
6.3 North America Simulation & Data Modelling Market by Country
6.4 North America Optimization Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Enterprise Quantum Computing Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Enterprise Quantum Computing Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America Telecom & IT Market by Country
8.3 North America Aerospace & Defense Market by Country
8.4 North America Energy & Utilities Market by Country
8.5 North America Healthcare & Life Sciences Market by Country
8.6 North America Manufacturing Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Enterprise Quantum Computing Market by Country
9.1 US Enterprise Quantum Computing Market
9.1.1 US Enterprise Quantum Computing Market by Deployment Mode
9.1.2 US Enterprise Quantum Computing Market by Technology
9.1.3 US Enterprise Quantum Computing Market by Application
9.1.4 US Enterprise Quantum Computing Market by Component
9.1.5 US Enterprise Quantum Computing Market by Vertical
9.2 Canada Enterprise Quantum Computing Market
9.2.1 Canada Enterprise Quantum Computing Market by Deployment Mode
9.2.2 Canada Enterprise Quantum Computing Market by Technology
9.2.3 Canada Enterprise Quantum Computing Market by Application
9.2.4 Canada Enterprise Quantum Computing Market by Component
9.2.5 Canada Enterprise Quantum Computing Market by Vertical
9.3 Mexico Enterprise Quantum Computing Market
9.3.1 Mexico Enterprise Quantum Computing Market by Deployment Mode
9.3.2 Mexico Enterprise Quantum Computing Market by Technology
9.3.3 Mexico Enterprise Quantum Computing Market by Application
9.3.4 Mexico Enterprise Quantum Computing Market by Component
9.3.5 Mexico Enterprise Quantum Computing Market by Vertical
9.4 Rest of North America Enterprise Quantum Computing Market
9.4.1 Rest of North America Enterprise Quantum Computing Market by Deployment Mode
9.4.2 Rest of North America Enterprise Quantum Computing Market by Technology
9.4.3 Rest of North America Enterprise Quantum Computing Market by Application
9.4.4 Rest of North America Enterprise Quantum Computing Market by Component
9.4.5 Rest of North America Enterprise Quantum Computing Market by Vertical
Chapter 10. Company Profiles
10.1 Google LLC
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Intel Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Toshiba Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research and Development Expense
10.5.5 SWOT Analysis
10.6 Alibaba Group Holding Limited
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Partnerships, Collaborations, and Agreements:
10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 D-Wave Systems Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 ID Quantique SA
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.10. Rigetti & Co, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Product Launches and Product Expansions:
Companies Mentioned
- Alibaba Group Holding Limited
- D-Wave Systems Inc.
- Google Llc
- Huawei Technologies Co. Ltd.
- Id Quantique
- Intel Corporation
- IBM Corporation
- Microsoft Corporation
- Rigetti & Co, Inc.
- Toshiba Corporation
Methodology
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