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Europe Quantum Computing Market Size, Share & Trends Analysis Report By Offering (System, and Services), By Deployment, By Application, By End-user, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Feb 21, 2025
Length 139 Pages
SKU # KBV19639098

Description

The Europe Quantum Computing Market would witness market growth of 18.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Quantum Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $335.2 million by 2031. The UK market is exhibiting a CAGR of 17.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 19.6% during (2024 - 2031).

Quantum computing has the potential to vastly improve the efficiency of optimization algorithms. Industries such as logistics, manufacturing, and finance rely heavily on optimization—whether routing delivery trucks, managing supply chains, or portfolio optimization. Quantum computers can process many possible solutions simultaneously, making them highly effective for solving complex optimization problems in real-time. For instance, quantum algorithms can help companies optimize their cost, speed, and resource allocation operations.

Moreover, one of the most exciting prospects for quantum computing is its application in drug discovery and healthcare. Quantum simulations could model complex molecules and chemical reactions at the quantum level, allowing scientists to predict the behavior of new drugs and design more effective treatments. Quantum computing can significantly accelerate the drug discovery process, which traditionally takes years and involves expensive trial-and-error methods. Additionally, quantum algorithms could be used to analyze complex biological data, improving diagnostics, personalized medicine, and treatment plans.

Europe is positioning itself as a global leader in quantum computing, with ambitious goals outlined in its Digital Decade strategy. The European Union (EU) has set its sights on becoming a dominant force in quantum technologies by 2030, reflecting a growing recognition of quantum computing’s potential to drive advancements in data security, infrastructure, and innovation across various industries. As part of this vision, the EU invests heavily in developing quantum capabilities, fostering collaborations, and laying the groundwork for a robust quantum ecosystem.

Based on Offering, the market is segmented into System, and Services. Based on Deployment, the market is segmented into On-premise, and Cloud. Based on Application, the market is segmented into Optimization, Machine Learning, Simulation, and Other Application. Based on End-user, the market is segmented into BFSI, Healthcare, Automotive, Energy & Power, Government, Aerospace & Defense, Chemical, and Other End-user. 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.)
  • QC Ware Corp.
  • SpinQ Technology Co., Ltd.
  • Rigetti Computing, Inc.
  • D-Wave Systems Inc.
  • Intel Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Europe Quantum Computing Market Report Segmentation

By Offering
  • System
  • Services
By Deployment
  • On-premise
  • Cloud
By Application
  • Optimization
  • Machine Learning
  • Simulation
  • Other Application
By End-user
  • BFSI
  • Healthcare
  • Automotive
  • Energy & Power
  • Government
  • Aerospace & Defense
  • Chemical
  • Other End-user
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

139 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Quantum Computing Market, by Offering
1.4.2 Europe Quantum Computing Market, by Deployment
1.4.3 Europe Quantum Computing Market, by Application
1.4.4 Europe Quantum Computing Market, by End-user
1.4.5 Europe 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
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Jan – 2025, Feb) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe Quantum Computing Market by Offering
5.1 Europe System Market by Country
5.2 Europe Services Market by Country
Chapter 6. Europe Quantum Computing Market by Deployment
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country
Chapter 7. Europe Quantum Computing Market by Application
7.1 Europe Optimization Market by Country
7.2 Europe Machine Learning Market by Country
7.3 Europe Simulation Market by Country
7.4 Europe Other Application Market by Country
Chapter 8. Europe Quantum Computing Market by End-user
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 Government Market by Country
8.6 Europe Aerospace & Defense Market by Country
8.7 Europe Chemical Market by Country
8.8 Europe Other End-user Market by Country
Chapter 9. Europe Quantum Computing Market by Country
9.1 Germany Quantum Computing Market
9.1.1 Germany Quantum Computing Market by Offering
9.1.2 Germany Quantum Computing Market by Deployment
9.1.3 Germany Quantum Computing Market by Application
9.1.4 Germany Quantum Computing Market by End-user
9.2 UK Quantum Computing Market
9.2.1 UK Quantum Computing Market by Offering
9.2.2 UK Quantum Computing Market by Deployment
9.2.3 UK Quantum Computing Market by Application
9.2.4 UK Quantum Computing Market by End-user
9.3 France Quantum Computing Market
9.3.1 France Quantum Computing Market by Offering
9.3.2 France Quantum Computing Market by Deployment
9.3.3 France Quantum Computing Market by Application
9.3.4 France Quantum Computing Market by End-user
9.4 Russia Quantum Computing Market
9.4.1 Russia Quantum Computing Market by Offering
9.4.2 Russia Quantum Computing Market by Deployment
9.4.3 Russia Quantum Computing Market by Application
9.4.4 Russia Quantum Computing Market by End-user
9.5 Spain Quantum Computing Market
9.5.1 Spain Quantum Computing Market by Offering
9.5.2 Spain Quantum Computing Market by Deployment
9.5.3 Spain Quantum Computing Market by Application
9.5.4 Spain Quantum Computing Market by End-user
9.6 Italy Quantum Computing Market
9.6.1 Italy Quantum Computing Market by Offering
9.6.2 Italy Quantum Computing Market by Deployment
9.6.3 Italy Quantum Computing Market by Application
9.6.4 Italy Quantum Computing Market by End-user
9.7 Rest of Europe Quantum Computing Market
9.7.1 Rest of Europe Quantum Computing Market by Offering
9.7.2 Rest of Europe Quantum Computing Market by Deployment
9.7.3 Rest of Europe Quantum Computing Market by Application
9.7.4 Rest of Europe Quantum Computing Market by End-user
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 Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 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 QC Ware Corp.
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Partnerships, Collaborations, and Agreements:
10.5.2.2 Product Launches and Product Expansions:
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 Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Rigetti Computing, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.8 SpinQ Technology Co., Ltd.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 D-Wave Systems Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.10. Intel Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.6 SWOT Analysis

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