According to a recent research study “Quantum Computing Market, By Application (Optimization, Material Simulation, Machine Learning,), By End Use (Space and Defence, Automotive, Healthcare, Banking and finance, Chemical) opportunities and forecast 2020-2026” published by Data Library Research, the Quantum Computing market Studies many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Quantum Computing market analysis segmented by companies, region, type and applications in the report.
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The Major Players Covered in Quantum Computing Market
• D-Wave Systems Inc.
• QX Branch
• International Business Machines Corporation
• Cambridge Quantum Computing Limited
• 1QB Information Technologies
• QC Ware, Corp.
• StationQ – Microsoft
• Rigetti Computing
• Google Inc.
• River Lane Research
Market Overview
The need for the robust computing that has potential to overcome difficulties involved in determining drugs to the target specific cancers and also, evaluating portfolio risk prominently pays to market growth. The demand for the optimization and the material simulation applications on the quantum computers is expected to upsurge rapidly in coming years. The demand to resolve complex problems with the simultaneous operations, and the simulate molecules and the materials to gain accurate output is serving these applications to find the opportunities in various end-user industries such as chemicals, automotive, healthcare, and energy and power. The wide R&D and the growth strategies adopted by companies and research labs operational in ecosystem are expected to foster growth of quantum computing market in coming years.
Regional Overview
Among the three major regions, quantum computing solution market in APAC is likely to grow at highest CAGR throughout the forecast period. APAC is leading hub for the several industries, such as banking, healthcare, automotive, and chemicals. The region is largest automobile producer in world. Countries such as Japan, China, and South Korea are among the leading manufacturers of the consumer electronics devices, comprising laptops, smartphones, and gaming consoles, in the region. There is need to solve numerous complications related to the application such as material simulation, optimization, and the machine learning across the industries. The large-scale expansion exhibited by emerging economies in the APAC with the use of various advanced technologies adopted in manufacturing sector is further contributing to development of the large and medium enterprises, this is also boosting the growth.
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Segment Overview
Among end-user industries considered, the space and defence is largest contributor to overall quantum computing market, it is anticipated to account for maximum share of market in 2019. The need for protected communications and the data transfer, with demand in faster data processes, is anticipated to boost demand for the quantum computing consulting solutions in the industry. The market for automotive industry is anticipated to grow at highest CAGR from 2019 to 2026.
Research objectives:
• To study and analyze the global Quantum Computing market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
• To understand the structure of Quantum Computing Market by identifying its various sub segments.
• Focuses on the key global Quantum Computing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Quantum Computing with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Quantum Computing submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
Key questions answered in this report
• What will the market size be in 2026 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Data Library Research
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