Quantum Computing in Aerospace, Defense and Security - Thematic Intelligence

Quantum Computing in Aerospace, Defense and Security - Thematic Intelligence

Summary

As the market for quantum computing continues to expand globally, the technology’s commercial potential remains hampered by familiar roadblocks. The complexity of producing a functional quantum computer continues to stymie the development of practical applications in the defense sector and beyond. However, steady investment in this sector is unveiling new design philosophies which could accelerate the timetable for eventual deployments, while studies on the potential for quantum systems to enhance existing capabilities are also showing promise. Though it remains uncertain how soon these technological developments could revolutionize the utility of quantum computing, major players including China, France, Germany, the UK, and the US continue to provide significant funding as they all seek to gain a strategic advantage over the next several decades.
The immaturity of quantum computing technology continues to hamper the diversification of products and applications. Leading market analysts estimated the value of the global quantum computing market in 2022 at $10 billion, with some anticipating growth of up to $125 billion by 2030. However, any such predictions regarding the quantum computing market are educated guesses at best, given its nascence and the prospect of unanticipated technological breakthroughs. Sales of actual quantum computing devices remain limited due to the high costs and inherent complexity of both designing and operating one effectively. The main business currently lies in the growth of the cloud-based quantum service businesses offered by leading firms IBM, Google, Microsoft, Alibaba, Honeywell, IonQ, Rigetti, D-Wave, and Amazon.

• The key defense challenges that forces and defense sector suppliers face are covered.
• The investment opportunities for armed forces, suppliers, and institutional investors, across the whole quantum computing value chain are covered.
• Highlights from the range different quantum computing research and development programs currently being undertaken by various military organizations and defense companies.

Scope

• Studies of emerging technological trends and their broader impact on the defense market.
• Analysis of the defense related quantum computing projects currently under development, as well cross-industry research initiatives which could impact the future applications of this technology.

Reasons to Buy

• Determine potential investment companies based on trend analysis and market projections.
• Gaining an understanding of the market challenges and opportunities surrounding the quantum computing theme.
• Understanding how spending on quantum computing will fit into the overall market and which spending areas are being prioritized.