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Asia Pacific Quantum AI Market Size, Share & Trends Analysis Report By Deployment Mode (On-premises and Cloud based), By Application (Machine learning & Optimization), By Component (Hardware and Services), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 129 Pages
  • September 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007414
The Asia Pacific Quantum AI Market would witness market growth of 36.0% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Quantum AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $139.8 million by 2031. The Japan market is registering a CAGR of 35.2% during (2024 - 2031). Additionally, the India market would showcase a CAGR of 37% during (2024 - 2031).



In the financial sector, the need for enhanced computational power in AI is also becoming increasingly critical. Financial institutions rely on AI for risk assessment, fraud detection, and algorithmic trading. These applications require the analysis of massive datasets and the execution of complex algorithms to make accurate predictions and decisions. For example, algorithmic trading involves rapidly processing market data to identify profitable trading opportunities within milliseconds. Classical computing systems often struggle to keep up with the speed and complexity required for such tasks.

Moreover, the healthcare industry is also experiencing a growing need for enhanced computational power in AI, particularly in genomics and precision medicine. The analysis of genetic data to develop personalized treatment plans entails the processing of extensive quantities of information in order to identify patterns and correlations that can be used to inform medical decisions. This process is computationally demanding and time-consuming compared to classical computing. This can significantly accelerate genomic data analysis, enabling faster and more accurate identification of disease-associated genetic markers.

The demand for this across the Asia Pacific region is driven by government initiatives, strong research ecosystems, and various nations' strategic ambitions to lead in emerging technologies. China, Japan, South Korea, India, and Australia are at the forefront of this movement, each with significant government funding and dedicated programs to advance the AI. China is leading the charge in the region for AI development, driven by substantial government investment and strategic national programs. The Chinese government has earmarked over $10 billion for the National Laboratory for Quantum Information Sciences as part of its broader global strategy to dominate quantum technologies. This initiative includes significant funding for this AI research, particularly in cybersecurity, national defense, and communications. In recent years, China has made tremendous advancements in the field of quantum technology.

Therefore, as these countries continue to invest in quantum technologies and AI integration, the Asia Pacific region is rapidly becoming a hub for quantum AI innovation, potentially influencing the future of industries and societal development on a global scale.

Based on Deployment Mode, the market is segmented into On-premises and Cloud based. Based on Application, the market is segmented into Machine learning & Optimization, Simulation and Modeling, and Cryptography & Security. Based on Component, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Google LLC
  • IBM Corporation
  • Fujitsu Limited
  • Intel Corporation
  • Toshiba Corporation
  • Rigetti Computing, Inc.
  • D-Wave Systems Inc.
  • Hitachi Digital Services, LLC (Hitachi Ltd.)

Market Report Segmentation

By Deployment Mode

  • On-premises
  • Cloud based

By Application

  • Machine learning & Optimization
  • Simulation and Modeling
  • Cryptography & Security

By Component

  • Hardware
  • Software
  • Services

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Quantum AI Market, by Deployment Mode
1.4.2 Asia Pacific Quantum AI Market, by Application
1.4.3 Asia Pacific Quantum AI Market, by Component
1.4.4 Asia Pacific Quantum AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Oct - 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Quantum AI Market by Deployment Mode
5.1 Asia Pacific On-premises Market by Country
5.2 Asia Pacific Cloud based Market by Country
Chapter 6. Asia Pacific Quantum AI Market by Application
6.1 Asia Pacific Machine learning & Optimization Market by Country
6.2 Asia Pacific Simulation and Modeling Market by Country
6.3 Asia Pacific Cryptography & Security Market by Country
Chapter 7. Asia Pacific Quantum AI Market by Component
7.1 Asia Pacific Hardware Market by Country
7.2 Asia Pacific Software Market by Country
7.3 Asia Pacific Services Market by Country
Chapter 8. Asia Pacific Quantum AI Market by Country
8.1 China Quantum AI Market
8.1.1 China Quantum AI Market by Deployment Mode
8.1.2 China Quantum AI Market by Application
8.1.3 China Quantum AI Market by Component
8.2 Japan Quantum AI Market
8.2.1 Japan Quantum AI Market by Deployment Mode
8.2.2 Japan Quantum AI Market by Application
8.2.3 Japan Quantum AI Market by Component
8.3 India Quantum AI Market
8.3.1 India Quantum AI Market by Deployment Mode
8.3.2 India Quantum AI Market by Application
8.3.3 India Quantum AI Market by Component
8.4 South Korea Quantum AI Market
8.4.1 South Korea Quantum AI Market by Deployment Mode
8.4.2 South Korea Quantum AI Market by Application
8.4.3 South Korea Quantum AI Market by Component
8.5 Australia Quantum AI Market
8.5.1 Australia Quantum AI Market by Deployment Mode
8.5.2 Australia Quantum AI Market by Application
8.5.3 Australia Quantum AI Market by Component
8.6 Malaysia Quantum AI Market
8.6.1 Malaysia Quantum AI Market by Deployment Mode
8.6.2 Malaysia Quantum AI Market by Application
8.6.3 Malaysia Quantum AI Market by Component
8.7 Rest of Asia Pacific Quantum AI Market
8.7.1 Rest of Asia Pacific Quantum AI Market by Deployment Mode
8.7.2 Rest of Asia Pacific Quantum AI Market by Application
8.7.3 Rest of Asia Pacific Quantum AI Market by Component
Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments
9.1.4.1 Partnerships, Collaborations, and Agreements
9.1.4.2 Product Launches and Product Expansions
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments
9.2.5.1 Partnerships, Collaborations, and Agreements
9.2.5.2 Product Launches and Product Expansions
9.2.6 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments
9.3.5.1 Partnerships, Collaborations, and Agreements
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments
9.4.5.1 Partnerships, Collaborations, and Agreements
9.4.6 SWOT Analysis
9.5 Fujitsu Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments
9.5.5.1 Partnerships, Collaborations, and Agreements
9.5.6 SWOT Analysis
9.6 Intel Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments
9.6.5.1 Partnerships, Collaborations, and Agreements
9.6.5.2 Product Launches and Product Expansions
9.6.6 SWOT Analysis
9.7 Toshiba International Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research and Development Expense
9.7.5 Recent strategies and developments
9.7.5.1 Partnerships, Collaborations, and Agreements
9.7.6 SWOT Analysis
9.8 Rigetti Computing, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments
9.8.5.1 Partnerships, Collaborations, and Agreements
9.8.5.2 Product Launches and Product Expansions
9.9 D-Wave Systems Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments
9.9.5.1 Partnerships, Collaborations, and Agreements
9.10. Hitachi Digital Services, LLC (Hitachi Ltd.)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses

Companies Mentioned

  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Google LLC
  • IBM Corporation
  • Fujitsu Limited
  • Intel Corporation
  • Toshiba Corporation
  • Rigetti Computing, Inc.
  • D-Wave Systems Inc.
  • Hitachi Digital Services, LLC (Hitachi Ltd.)

Methodology

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