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Europe Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution, By Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Mar 21, 2024
Length 132 Pages
SKU # KBV18686767

Description

Europe Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution, By Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030


The Europe Cloud-based Quantum Computing Market would witness market growth of 19.4% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Cloud-based Quantum Computing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $134.2 million by 2030. The UK market is exhibiting a CAGR of 18.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 20.3% during (2023 - 2030).

Several industries have embraced cloud-based computing as a harbinger of innovation and problem-solving capabilities. In the early stages of adoption, industries such as finance, healthcare, materials science, and logistics have emerged as pioneers. Financial institutions leverage quantum algorithms for portfolio optimization and risk analysis, while healthcare explores quantum solutions for drug discovery and genetic research. Materials science benefits from quantum simulations, and logistics seeks quantum solutions for optimization challenges.

The healthcare sector is experiencing unprecedented growth and evolution, driven by advancements in medical technology, genomic research, and a heightened focus on personalized medicine. With health expenditures exceeding 12% of their GDP, Germany and France allocated the highest proportions. The synergy between healthcare and cloud-based technology opens up new possibilities, paving the way for transformative breakthroughs and advancements in the quest for better health outcomes.

Quantum algorithms can process vast datasets to improve operational efficiency, reduce costs, and enhance overall healthcare service delivery within the EU. According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. Thus, the rising healthcare sector in Europe will assist in the growth of the regional this market.

Based on Solution, the market is segmented into Software, and Services. Based on Technology, the market is segmented into Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others. Based on Application, the market is segmented into Optimization, Simulation & Modelling, Sampling, and Others. Based on Vertical, the market is segmented into BFSI, Healthcare, Automotive, Energy & Power, Aerospace & Defense, Government, Chemical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Baidu, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Terra Quantum AG
  • SpinQ Technology Co., Ltd.
  • QpiCloud Techonologies
  • CERN
Europe Cloud-based Quantum Computing Market Report Segmentation

By Solution
  • Software
  • Services
By Technology
  • Superconducting Qubits
  • Trapped Ions
  • Quantum Annealing
  • Others
By Application
  • Optimization
  • Simulation & Modelling
  • Sampling
  • Others
By Vertical
  • BFSI
  • Healthcare
  • Automotive
  • Energy & Power
  • Aerospace & Defense
  • Government
  • Chemical
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

132 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cloud-based Quantum Computing Market, by Solution
1.4.2 Europe Cloud-based Quantum Computing Market, by Technology
1.4.3 Europe Cloud-based Quantum Computing Market, by Application
1.4.4 Europe Cloud-based Quantum Computing Market, by Vertical
1.4.5 Europe Cloud-based Quantum Computing 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
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Cloud-based Quantum Computing Market
Chapter 5. Europe Cloud-based Quantum Computing Market by Solution
5.1 Europe Software Market by Country
5.2 Europe Services Market by Country
Chapter 6. Europe Cloud-based Quantum Computing Market by Technology
6.1 Europe Superconducting Qubits Market by Country
6.2 Europe Trapped Ions Market by Country
6.3 Europe Quantum Annealing Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Cloud-based Quantum Computing Market by Application
7.1 Europe Optimization Market by Country
7.2 Europe Simulation & Modelling Market by Country
7.3 Europe Sampling Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Cloud-based Quantum Computing Market by Vertical
8.1 Europe BFSI Market by Country
8.2 Europe Healthcare Market by Country
8.3 Europe Automotive Market by Country
8.4 Europe Energy & Power Market by Country
8.5 Europe Aerospace & Defense Market by Country
8.6 Europe Government Market by Country
8.7 Europe Chemical Market by Country
8.8 Europe Others Market by Country
Chapter 9. Europe Cloud-based Quantum Computing Market by Country
9.1 Germany Cloud-based Quantum Computing Market
9.1.1 Germany Cloud-based Quantum Computing Market by Solution
9.1.2 Germany Cloud-based Quantum Computing Market by Technology
9.1.3 Germany Cloud-based Quantum Computing Market by Application
9.1.4 Germany Cloud-based Quantum Computing Market by Vertical
9.2 UK Cloud-based Quantum Computing Market
9.2.1 UK Cloud-based Quantum Computing Market by Solution
9.2.2 UK Cloud-based Quantum Computing Market by Technology
9.2.3 UK Cloud-based Quantum Computing Market by Application
9.2.4 UK Cloud-based Quantum Computing Market by Vertical
9.3 France Cloud-based Quantum Computing Market
9.3.1 France Cloud-based Quantum Computing Market by Solution
9.3.2 France Cloud-based Quantum Computing Market by Technology
9.3.3 France Cloud-based Quantum Computing Market by Application
9.3.4 France Cloud-based Quantum Computing Market by Vertical
9.4 Russia Cloud-based Quantum Computing Market
9.4.1 Russia Cloud-based Quantum Computing Market by Solution
9.4.2 Russia Cloud-based Quantum Computing Market by Technology
9.4.3 Russia Cloud-based Quantum Computing Market by Application
9.4.4 Russia Cloud-based Quantum Computing Market by Vertical
9.5 Spain Cloud-based Quantum Computing Market
9.5.1 Spain Cloud-based Quantum Computing Market by Solution
9.5.2 Spain Cloud-based Quantum Computing Market by Technology
9.5.3 Spain Cloud-based Quantum Computing Market by Application
9.5.4 Spain Cloud-based Quantum Computing Market by Vertical
9.6 Italy Cloud-based Quantum Computing Market
9.6.1 Italy Cloud-based Quantum Computing Market by Solution
9.6.2 Italy Cloud-based Quantum Computing Market by Technology
9.6.3 Italy Cloud-based Quantum Computing Market by Application
9.6.4 Italy Cloud-based Quantum Computing Market by Vertical
9.7 Rest of Europe Cloud-based Quantum Computing Market
9.7.1 Rest of Europe Cloud-based Quantum Computing Market by Solution
9.7.2 Rest of Europe Cloud-based Quantum Computing Market by Technology
9.7.3 Rest of Europe Cloud-based Quantum Computing Market by Application
9.7.4 Rest of Europe Cloud-based Quantum Computing Market by Vertical
Chapter 10. Company Profiles
10.1 Google LLC (Alphabet Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Geographical Expansions:
10.3.6 SWOT Analysis
10.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Geographical Expansions:
10.4.5 SWOT Analysis
10.5 Baidu, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Terra Quantum AG
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Geographical Expansions:
10.7.3 SWOT Analysis
10.8 SpinQ Technology Co., Ltd.
10.8.1 Company Overview
10.9 QpiCloud Techonologies
10.9.1 Company Overview
10.10. CERN
10.10.1 Company Overview
10.10.2 SWOT Analysis

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