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Quantum Computing Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932021

Description

The Quantum Computing Market is projected to reach USD 6.96 billion by 2033, up from USD 0.61 billion in 2023, reflecting a compound annual growth rate (CAGR) of 31.36% over this period. Quantum computing is a specialized field that utilizes principles of quantum mechanics to perform computational tasks. Unlike classical computing, which uses bits to represent either 0 or 1, quantum computing employs quantum bits, or qubits, that can exist in multiple states simultaneously and can be entangled with other qubits. This enables quantum computers to execute certain computations much faster than classical computers, especially for problems involving complex calculations or extensive exploration of multiple possibilities at once. Quantum computing has the potential to revolutionize various fields, including cryptography, optimization, simulation, and machine learning, by offering novel algorithms and computational power that surpass the capabilities of classical computing systems.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Offering (On-Premises, Cloud-Based)
By Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits, Others)
By Application (Optimization, Simulation, Machine Learning, Others)
By End User (Banking & Finance, Space and Defense, Healthcare and Pharmaceuticals, Chemicals, Energy and Power, Transportation and Logistics, Academic, Government)

Key players

IBM
Google LLC
Microsoft Corporation
D-Wave Systems Inc
Rigetti Computing
IonQ Inc
Honeywell International Inc
Q-CTRL
Quantum Circuits Inc
Zapata Computing Inc

Table of Contents

Chapter 1. Executive Summary
Chapter 2. Scope Of The Study
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Objectives of Report
2.2.2. Limitations
2.3. Market Structure
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.1.1. Raw Material Providers
4.1.2. Manufacturing Process
4.1.3. Distributors/Retailers
4.1.4. End Users
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Industry Rivalry
4.3. COVID-19 Impact and Post COVID Scenario on Quantum Computing Market
4.3.1. Impact on Covid-19
4.3.2. Government Aids and Policies for Industry Revival
4.3.3. Companies Recent Developments to Tackle Negative Impact
4.3.4. Opportunity Window & Post COVID Trend
4.4. Technology Overview
4.5. Macro factor
4.6. Micro Factor
4.7. Demand Supply Gap Analysis of Quantum Computing Market
4.8. Import Analysis of Quantum Computing Market
4.9. Export Analysis of Quantum Computing Market
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DROC Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
5.3. Patent Analysis
5.4. Industry Roadmap
5.5. Parent/Peer Market Analysis
Chapter 6. Global Quantum Computing Market, By Offering
6.1. Introduction
6.2. On-Premises
6.3. Cloud-Based
Chapter 7. Global Quantum Computing Market, By Technology
7.1. Introduction
7.2. Trapped Ions
7.3. Quantum Annealing
7.4. Superconducting Qubits
7.5. Others
Chapter 8. Global Quantum Computing Market, By Application
8.1. Introduction
8.2. Optimization
8.3. Simulation
8.4. Machine Learning
8.5. Others
Chapter 9. Global Quantum Computing Market, By End User
9.1. Introduction
9.2. Banking & Finance
9.3. Space and Defense
9.4. Healthcare and Pharmaceuticals
9.5. Chemicals
9.6. Energy and Power
9.7. Transportation and Logistics
9.8. Academic
9.9. Government
Chapter 10. Global Quantum Computing Market, By Region
10.1. Introduction
10.2. North America
10.2.1. Introduction
10.2.2. Driving Factors, Opportunity Analyzed and Key Trends
10.2.3. Market Size and Forecast, By Country, 2020 - 2028
10.2.4. Market Size and Forecast, By Offering, 2020 - 2028
10.2.5. Market Size and Forecast, By Technology, 2020 - 2028
10.2.6. Market Size and Forecast, By Application, 2020 – 2028
10.2.7. Market Size and Forecast, By End User, 2020 – 2028
10.2.8. US
10.2.8.1. Introduction
10.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
10.2.8.3. Market Size and Forecast, By Offering, 2020 - 2028
10.2.8.4. Market Size and Forecast, By Technology, 2020 - 2028
10.2.8.5. Market Size and Forecast, By Application, 2020 – 2028
10.2.8.6. Market Size and Forecast, By End User, 2020 - 2028
10.2.9. Canada
10.2.9.1. Introduction
10.2.9.2. Driving Factors, Opportunity Analyzed and Key Trends
10.2.9.3. Market Size and Forecast, By Offering, 2020 - 2028
10.2.9.4. Market Size and Forecast, By Technology, 2020 - 2028
10.2.9.5. Market Size and Forecast, By Application, 2020 – 2028
10.2.9.6. Market Size and Forecast, By End User, 2020 - 2028
10.3. Europe
10.3.1. Introduction
10.3.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.3. Market Size and Forecast, By Country, 2020 - 2028
10.3.4. Market Size and Forecast, By Offering, 2020 - 2028
10.3.5. Market Size and Forecast, By Technology, 2020 - 2028
10.3.6. Market Size and Forecast, By Application, 2020 – 2028
10.3.7. Market Size and Forecast, By End User, 2020 – 2028
10.3.8. Germany
10.3.8.1. Introduction
10.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.8.3. Market Size and Forecast, By Offering, 2020 - 2028
10.3.8.4. Market Size and Forecast, By Technology, 2020 - 2028
10.3.8.5. Market Size and Forecast, By Application, 2020 – 2028
10.3.8.6. Market Size and Forecast, By End User, 2020 - 2028
10.3.9. France
10.3.9.1. Introduction
10.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.9.3. Market Size and Forecast, By Offering, 2020 - 2028
10.3.9.4. Market Size and Forecast, By Technology, 2020 - 2028
10.3.9.5. Market Size and Forecast, By Application, 2020 – 2028
10.3.9.6. Market Size and Forecast, By End User, 2020 - 2028
10.3.10. UK
10.3.10.1. Introduction
10.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.10.3. Market Size and Forecast, By Offering, 2020 - 2028
10.3.10.4. Market Size and Forecast, By Technology, 2020 - 2028
10.3.10.5. Market Size and Forecast, By Application, 2020 – 2028
10.3.10.6. Market Size and Forecast, By End User, 2020 - 2028
10.3.11. Italy
10.3.11.1. Introduction
10.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.11.3. Market Size and Forecast, By Offering, 2020 - 2028
10.3.11.4. Market Size and Forecast, By Technology, 2020 - 2028
10.3.11.5. Market Size and Forecast, By Application, 2020 – 2028
10.3.11.6. Market Size and Forecast, By End User, 2020 - 2028
10.3.12. Rest Of Europe
10.3.12.1. Introduction
10.3.12.2. Driving Factors, Opportunity Analyzed and Key Trends
10.3.12.3. Market Size and Forecast, By Offering, 2020 - 2028
10.3.12.4. Market Size and Forecast, By Technology, 2020 - 2028
10.3.12.5. Market Size and Forecast, By Application, 2020 – 2028
10.3.12.6. Market Size and Forecast, By End User, 2020 - 2028
10.4. Asia-Pacific
10.4.1. Introduction
10.4.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.3. Market Size and Forecast, By Country, 2020 - 2028
10.4.4. Market Size and Forecast, By Offering, 2020 - 2028
10.4.5. Market Size and Forecast, By Technology, 2020 - 2028
10.4.6. Market Size and Forecast, By Application, 2020 – 2028
10.4.7. Market Size and Forecast, By End User, 2020 - 2028
10.4.8. China
10.4.8.1. Introduction
10.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.8.3. Market Size and Forecast, By Offering, 2020 - 2028
10.4.8.4. Market Size and Forecast, By Technology, 2020 - 2028
10.4.8.5. Market Size and Forecast, By Application, 2020 – 2028
10.4.8.6. Market Size and Forecast, By End User, 2020 - 2028
10.4.9. India
10.4.9.1. Introduction
10.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.9.3. Market Size and Forecast, By Offering, 2020 - 2028
10.4.9.4. Market Size and Forecast, By Technology, 2020 - 2028
10.4.9.5. Market Size and Forecast, By Application, 2020 – 2028
10.4.9.6. Market Size and Forecast, By End User, 2020 - 2028
10.4.10. Japan
10.4.10.1. Introduction
10.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.10.3. Market Size and Forecast, By Offering, 2020 - 2028
10.4.10.4. Market Size and Forecast, By Technology, 2020 - 2028
10.4.10.5. Market Size and Forecast, By Application, 2020 – 2028
10.4.10.6. Market Size and Forecast, By End User, 2020 - 2028
10.4.11. South Korea
10.4.11.1. Introduction
10.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.11.3. Market Size and Forecast, By Offering, 2020 - 2028
10.4.11.4. Market Size and Forecast, By Technology, 2020 - 2028
10.4.11.5. Market Size and Forecast, By Application, 2020 – 2028
10.4.11.6. Market Size and Forecast, By End User, 2020 - 2028
10.4.12. Rest Of Asia-Pacific
10.4.12.1. Introduction
10.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
10.4.12.3. Market Size and Forecast, By Offering, 2020 - 2028
10.4.12.4. Market Size and Forecast, By Technology, 2020 - 2028
10.4.12.5. Market Size and Forecast, By Application, 2020 – 2028
10.4.12.6. Market Size and Forecast, By End User, 2020 - 2028
10.5. Rest Of The World (RoW)
10.5.1. Introduction
10.5.2. Driving Factors, Opportunity Analyzed and Key Trends
10.5.3. Market Size and Forecast, By Offering, 2020 - 2028
10.5.4. Market Size and Forecast, By Technology, 2020 - 2028
10.5.5. Market Size and Forecast, By Application, 2020 – 2028
10.5.6. Market Size and Forecast, By End User, 2020 - 2028
Chapter 11. Company Landscape
11.1. Introduction
11.2. Vendor Share Analysis
11.3. Key Development Analysis
11.4. Competitor Dashboard
Chapter 12. Company Profiles
12.1. IBM
12.1.1. Business Overview
12.1.2. Financial Analysis
12.1.2.1. Financial – Existing/Funding
12.1.3. Product Portfolio
12.1.4. Recent Development and Strategies Adopted
12.1.5. SWOT Analysis
12.2. D-Wave systems
12.2.1. Business Overview
12.2.2. Financial Analysis
12.2.2.1. Financial – Existing/Funding
12.2.3. Product Portfolio
12.2.4. Recent Development and Strategies Adopted
12.2.5. SWOT Analysis
12.3. Microsoft
12.3.1. Business Overview
12.3.2. Financial Analysis
12.3.2.1. Financial – Existing/Funding
12.3.3. Product Portfolio
12.3.4. Recent Development and Strategies Adopted
12.3.5. SWOT Analysis
12.4. Intel
12.4.1. Business Overview
12.4.2. Financial Analysis
12.4.2.1. Financial – Existing/Funding
12.4.3. Product Portfolio
12.4.4. Recent Development and Strategies Adopted
12.4.5. SWOT Analysis
12.5. Toshiba
12.5.1. Business Overview
12.5.2. Financial Analysis
12.5.2.1. Financial – Existing/Funding
12.5.3. Product Portfolio
12.5.4. Recent Development and Strategies Adopted
12.5.5. SWOT Analysis
12.6. QC ware
12.6.1. Business Overview
12.6.2. Financial Analysis
12.6.2.1. Financial – Existing/Funding
12.6.3. Product Portfolio
12.6.4. Recent Development and Strategies Adopted
12.6.5. SWOT Analysis
12.7. Cambridge Quantum Computing
12.7.1. Business Overview
12.7.2. Financial Analysis
12.7.2.1. Financial – Existing/Funding
12.7.3. Product Portfolio
12.7.4. Recent Development and Strategies Adopted
12.7.5. SWOT Analysis
12.8. Honeywell International
12.8.1. Business Overview
12.8.2. Financial Analysis
12.8.2.1. Financial – Existing/Funding
12.8.3. Product Portfolio
12.8.4. Recent Development and Strategies Adopted
12.8.5. SWOT Analysis
12.9. Rigetti Computing
12.9.1. Business Overview
12.9.2. Financial Analysis
12.9.2.1. Financial – Existing/Funding
12.9.3. Product Portfolio
12.9.4. Recent Development and Strategies Adopted
12.9.5. SWOT Analysis
12.10. Google
12.10.1. Business Overview
12.10.2. Financial Analysis
12.10.2.1. Financial – Existing/Funding
12.10.3. Product Portfolio
12.10.4. Recent Development and Strategies Adopted
12.10.5. SWOT Analysis
Chapter 13. Key Takeaways

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