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Quantum Computing Market by Revenue Source, Application (Simulation, Optimization, and Sampling), Industry (Defense, Banking & Finance, Energy & Power, Chemicals, and Healthcare & Pharmaceuticals), and Geography - Global Forecast to 2023

Quantum Computing Market by Revenue Source, Application (Simulation, Optimization, and Sampling), Industry (Defense, Banking & Finance, Energy & Power, Chemicals, and Healthcare & Pharmaceuticals), and Geography - Global Forecast to 2023

“Quantum computing market expected to grow at a significant rate between 2017 and 2023”
The quantum computing market is expected to grow at a CAGR of 29.04% between 2017 and 2023 and is expected to be valued at USD 495.3 million by 2023. The key factors driving the growth of the quantum computing market are the rising incidences of cybercrime, early adoption of quantum computing technology in the automotive and defense industry, and increasing investments by government entities in the quantum computing market. However, the major restraining factors for the growth of this market are presence of substitute technology and reluctance to accept new technology.

“Defense industry accounted for the largest share of the quantum computing market in 2016”
Quantum computing technology could play a significant role in defense and security; hence, the US Army, Navy, and Air Force are working together to establish a secure long-distance quantum communication network. Moreover, Lockheed Martin Corporation (US), an American global aerospace, defense, and security company, has invested in quantum computing technology and purchased a quantum computer developed by D-Wave Systems Inc. (Canada) to test mission-critical software. Quantum computers have the ability to perform multiple operations simultaneously, which results in a faster resolution. Hence, governments are supporting the use of quantum computing technology in the defense industry.

“North America accounted for the largest share of the quantum computing market in 2016”
North America is accounted for the largest share of the quantum computing market in 2016. This region is a key market as it is the home ground for some of the largest corporations such as D-Wave Systems Inc. (Canada), 1QB Information Technologies, Inc. (Canada), International Business Machines Corporation (US), and QxBranch LLC (US). The increased research and development (R&D) activities in the field of quantum computing are conducted in this region as well as the heavy investments by government agencies and technology giants such as International Business Machines Corporation (US), Microsoft Corporation (US), Google Inc. (US), Intel Corporation (US) are some factors driving the growth of this market in North America. The R&D at industry levels is broadening the application areas of the quantum computing in different industries such as energy & power, defense, and chemicals, especially in the US.

The break-up of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
• By Designation: C-Level Executives – 50%, Directors – 25%, and Others – 25%
• By Region: North America – 60%, Europe – 30%, and APAC – 10%

The key players operating in the quantum computing market are D-Wave Systems Inc. (Canada), IBM Corporation (US), Cambridge Quantum Computing Limited (US), 1QB Information Technologies Inc. (Canada), QC Ware Corp. (US), MagiQ Technologies (US), Research at Google (US), and Station Q- Microsoft Corporation (US).

Research Coverage:
The research report on the quantum computing market covers the market segmented on the basis of the following segments—revenue source, application, industry, and geography. The market has been segmented based on revenue sources into hardware, software, and services. Based on application, the quantum computing market has been classified into simulation, optimization, and sampling. The market has been segmented based on industry into defense, healthcare & pharmaceuticals, chemicals, banking & finance, and energy & power. The report covers the market based on three major regions: North America, Europe, and Asia Pacific (APAC).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on revenue source, application, industry, and geography have been conducted to give an overall view of the quantum computing market.
The major drivers, restraints, opportunities, and challenges for the quantum computing market have been detailed in this report.
The report includes a detailed competitive landscape, in-depth DIVE analysis, and revenue of the key players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
      • MARKET RANKING ESTIMATION
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • RESEARCH LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • GLOBAL QUANTUM COMPUTING MARKET
    • QUANTUM COMPUTING MARKET, BY END-USER INDUSTRY
    • QUANTUM COMPUTING MARKET, BY COMPONENT & APPLICATION
    • REGION-WISE ANALYSIS OF QUANTUM COMPUTING MARKET
    • LIFE CYCLE ANALYSIS OF QUANTUM COMPUTING MARKET, BY INDUSTRY, 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table CYBERCRIME INCIDENTS WORLDWIDE IN 2016, BY INDUSTRY
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • UPCOMING REVENUE POCKETS
      • INTRODUCTION
      • MACHINE LEARNING
      • PATTERN RECOGNITION
      • BUSINESS ANALYTICS
      • MANUFACTURING & LOGISTIC INFRASTRUCTURE
      • ENERGY & POWER - CLEAN ENERGY
    • KEY TECHNOLOGIES
  • QUANTUM COMPUTING MARKET, BY COMPONENT
    • INTRODUCTION
      • Table QUANTUM COMPUTING MARKET, BY COMPONENT, 2015-2023 (USD MILLION)
    • HARDWARE
    • SOFTWARE
    • SERVICES
  • QUANTUM COMPUTING MARKET, BY APPLICATION
    • INTRODUCTION
      • Table QUANTUM COMPUTING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • SIMULATION
      • Table QUANTUM COMPUTING MARKET FOR SIMULATION, BY COMPONENT, 2015-2023 (USD MILLION)
    • OPTIMIZATION
      • Table QUANTUM COMPUTING MARKET FOR OPTIMIZATION, BY COMPONENT, 2015-2023 (USD MILLION)
    • SAMPLING
      • Table QUANTUM COMPUTER MARKET FOR SAMPLING, BY COMPONENT, 2015-2023 (USD MILLION)
  • QUANTUM COMPUTING MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table QUANTUM COMPUTING MARKET, BY END-USER INDUSTRY, 2015-2023 (USD MILLION)
    • DEFENSE
      • Table QUANTUM COMPUTING MARKET FOR DEFENSE, BY APPLICATION, 2015-2023 (USD MILLION)
    • HEALTHCARE & PHARMACEUTICAL
      • Table QUANTUM COMPUTING MARKET FOR HEALTHCARE & PHARMACEUTICAL, BY APPLICATION, 2015-2023 (USD MILLION)
    • CHEMICAL
      • Table QUANTUM COMPUTING MARKET FOR CHEMICAL, BY APPLICATION, 2015-2023 (USD MILLION)
    • BANKING & FINANCE
      • Table QUANTUM COMPUTING MARKET FOR BANKING & FINANCE, BY APPLICATION, 2015-2023 (USD MILLION)
    • ENERGY & POWER
      • Table QUANTUM COMPUTING MARKET FOR ENERGY & POWER, BY APPLICATION, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table QUANTUM COMPUTING MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table QUANTUM COMPUTING PATENTS
      • Table QUANTUM COMPUTING MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table QUANTUM COMPUTING MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD MILLION)
      • US
        • Table QUANTUM COMPUTING MARKET IN US, BY INDUSTRY, 2015-2023 (USD MILLION)
      • CANADA
        • Table QUANTUM COMPUTING MARKET IN CANADA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • MEXICO
        • Table QUANTUM COMPUTING MARKET IN MEXICO, BY INDUSTRY, 2015-2023 (USD MILLION)
    • EUROPE
      • Table FOCUS AREA OF QUANTUM COMPUTING TECHNOLOGY IN COMING YEARS
      • Table QUANTUM COMPUTING MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table QUANTUM COMPUTING MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD MILLION)
      • UK
        • Table QUANTUM COMPUTING MARKET IN UK, BY INDUSTRY, 2015-2023 (USD MILLION)
      • GERMANY
        • Table QUANTUM COMPUTING MARKET IN GERMANY, BY INDUSTRY, 2015-2023 (USD MILLION)
      • FRANCE
        • Table QUANTUM COMPUTING MARKET IN FRANCE, BY INDUSTRY, 2015-2023 (USD MILLION)
      • REST OF EUROPE
        • Table QUANTUM COMPUTING MARKET IN REST OF EUROPE, BY INDUSTRY, 2015-2023 (USD THOUSAND)
    • ASIA PACIFIC
      • Table QUANTUM COMPUTING MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table QUANTUM COMPUTING MARKET IN APAC, BY APPLICATION, 2015-2023 (USD MILLION)
      • CHINA
        • Table QUANTUM COMPUTING MARKET IN CHINA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • JAPAN
        • Table QUANTUM COMPUTING MARKET IN JAPAN, BY INDUSTRY, 2015-2023 (USD MILLION)
      • SOUTH KOREA
        • Table QUANTUM COMPUTING MARKET IN SOUTH KOREA, BY INDUSTRY, 2015-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS IN QUANTUM COMPUTING MARKET
      • Table TOP 5 PLAYERS IN THE QUANTUM COMPUTING MARKET, 2016
    • COMPETITIVE SITUATION AND TRENDS
      • PARTNERSHIP & COLLABORATIONS
        • Table MOST RECENT PARTNERSHIPS & COLLABORATIONS IN QUANTUM COMPUTING MARKET
      • 10 MOST RECENT NEW PRODUCT DEVELOPMENT /AGREEMENT AND ACQUISITIONS IN QUANTUM COMPUTING MARKET
        • Table 10 MOST RECENT NEW PRODUCT DEVELOPMNET, AGREEMENT AND ACQUISITIONS IN QUANTUM COMPUTING MARKET
      • INVESTMENTS IN QUANTUM COMPUTING MARKET
        • Table MOST RECENT ACQUISITIONS, EXPANSIONS, AND AGREEMENTS IN QUANTUM COMPUTING MARKET
    • COMPETITIVE LEADERSHIP MAPPING 2016
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • BUSINESS STRATEGY EXCELLENCE (12 PLAYERS)
      • STRENGTH OF PRODUCT PORTFOLIO (12 PLAYERS)
  • COMPANY PROFILES
    • INTRODUCTION
    • D-WAVE SYSTEMS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • QXBRANCH, LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • CAMBRIDGE QUANTUM COMPUTING LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
    • 1QB INFORMATION TECHNOLOGIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • QC WARE CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MAGIQ TECHNOLOGIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • STATION Q - MICROSOFT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • RIGETTI COMPUTING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • RESEARCH AT GOOGLE - GOOGLE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • OTHER COMPANIES
      • HEWLETT PACKARD ENTERPRISE (HP)
      • NIPPON TELEGRAPH AND TELEPHONE CORPORATION (NTT)
      • HITACHI LTD
      • INTEL CORPORATION
      • NORTHROP GRUMMAN CORPORATION
      • TOSHIBA CORPORATION
      • ACCENTURE
      • FUJITSU
      • QUANTUM CIRCUITS, INC
      • EVOLUTIONQ INC
    • UNIVERSITY LANDSCAPE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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