
Strategic Intelligence: Quantum Computing
Description
Strategic Intelligence: Quantum Computing
Summary
Quantum computers use the properties of quantum physics to store data and perform computations. The difficulties inherent in tackling the engineering problems this presents led to a period of market stagnation after excess hype, with pre-revenue companies struggling to commercialize. GlobalData believes that quantum computing has matured sufficiently to emerge from its brief winter. By 2030, the key dilemma of quantum coherence will be solved, thereby hastening development.
Key Highlights
Summary
Quantum computers use the properties of quantum physics to store data and perform computations. The difficulties inherent in tackling the engineering problems this presents led to a period of market stagnation after excess hype, with pre-revenue companies struggling to commercialize. GlobalData believes that quantum computing has matured sufficiently to emerge from its brief winter. By 2030, the key dilemma of quantum coherence will be solved, thereby hastening development.
Key Highlights
- China has made enormous strides in catching up with the US in quantum expertise. In 2024, the two countries stand almost neck and neck, albeit with very different strategies. Private companies lead the way in the US; in China, expertise is increasingly concentrated within state institutions. Alibaba and Baidu have notably withdrawn from the market, dedicating state-of-the-art equipment to China’s national institutions.
- Quantum error correction is a crucial technique for maintaining the integrity of quantum computations over time, enabling the execution of complex algorithms that require long coherence times. Google’s Willow chip is a significant advancement in this field, as it incorporates error correction techniques to improve the fidelity and scalability of quantum processors.
- This report provides an overview of the quantum computing theme.
- It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into two categories: technology trends and macroeconomic trends.
- It includes a comprehensive technology briefing, which explains what quantum computers are, how they work, and why they are superior to classical computers.
- The detailed value chain comprises five segments: quantum infrastructure, quantum hardware platforms, quantum software, quantum applications, and quantum services.
- Within the next five to seven years, intermediate quantum computers are likely to become available that can offer a quantum advantage over classical computers in certain optimization applications across, for example, space warfare, logistics, drug discovery, and options trading.
- This report will help you understand what quantum computing is and its potential impact across industries. It also includes details of the companies leading the charge towards quantum supremacy.
Table of Contents
70 Pages
- Executive Summary
- Players
- Technology Briefing
- What are quantum computers?
- What is the difference between classical computers and quantum computers?
- What is the difference between universal quantum computers and annealers?
- What is a qubit?
- What is coherence?
- What are the six key types of qubit architecture?
- Are quantum computers superior to classical computers?
- What is quantum volume?
- Trends
- Technology trends
- Macroeconomic trends
- Industry Analysis
- Market size and growth forecasts
- Country outlook
- Use cases
- Molecular modeling
- Cybersecurity
- Financial modeling
- Logistics
- Manufacturing process optimization
- Artificial neural networks
- Military and space
- Quantum communications
- Timeline
- Value Chain
- Quantum infrastructure
- Superconducting cables
- Cryogenic refrigeration
- Microwaves
- Lasers, beams, and splitters
- Quantum sensors
- Quantum hardware platforms
- Superconducting qubits
- Trapped ion qubits
- Spin qubits
- Photonic qubits
- Neutral atom qubits
- Topological qubits
- Quantum software
- Quantum programming languages
- Quantum algorithms
- Resource management and simulation
- Quantum applications
- Combinatorial optimization
- Differential equations
- Linear algebra
- Integer factorization
- Quantum services
- Quantum education
- Quantum cloud
- Professional services
- Companies
- Public companies
- Private companies
- Sector Scorecards
- Top 50 global TMT sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Semiconductors sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Technology Briefing
- Table 2: Qubit architectures work and identifies the leading developers
- Table 3: Technology trends
- Table 4: Macroeconomic trends
- Table 5: Public companies
- Table 6: Private companies
- Table 7: Glossary
- Table 8: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the quantum computing theme, and where do they sit in the value chain?
- Figure 2: Quantum computers handle information in a fundamentally different way from classical computers
- Figure 3: Quantum volume is a more comprehensive metric than qubit count
- Figure 4: Fluctuation in revenue growth is to be expected as the market develops
- Figure 5: There is a large addressable market for quantum computing in cybersecurity
- Figure 6: Numerous countries are developing national quantum strategies
- Figure 7: IBM, Cleveland Clinic, and RIKEN are exploring chemistry research with hybrid quantum and classical computing
- Figure 8: Before its acquisition by IonQ in May 2025, ID Quantique had a multi-year partnership with SK Telecom to provide quantum-safe security solutions across seven key networks
- Figure 9: HSBC is targeting multiple use cases as it explores quantum computing within finance
- Figure 10: In May 2025, Quandela launched Belenos, its latest photonic quantum computer
- Figure 11: The quantum computing story
- Figure 12: The quantum computing value chain
- Figure 13: Quantum infrastructure
- Figure 14: uantum hardware platforms
- Figure 15: Quantum software
- Figure 16: Quantum applications
- Figure 17: Quantum services
- Figure 18: Who does what in the global TMT top 50?
- Figure 19: Thematic screen - Top 50 global TMT sector scorecard
- Figure 20: Valuation screen - Top 50 global TMT sector scorecard
- Figure 21: Risk screen - Top 50 global TMT sector scorecard
- Figure 22: Who does what in the semiconductors space?
- Figure 23: Thematic screen - Semiconductors sector scorecard
- Figure 24: Valuation screen - Semiconductors sector scorecard
- Figure 25: Risk screen - Semiconductors sector scorecard
- Figure 26: Our five-step approach for generating a sector scorecard
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.