Global Quantum Computing Market Growth (Status and Outlook) 2023-2029

Global Quantum Computing Market Growth (Status and Outlook) 2023-2029

Quantum Computing, this branch of computer science is based on the principles of the superposition of matter and quantum entanglement and uses a different computation method from the traditional one. In theory, it would be able to store many more states per unit of information and operate with much more efficient algorithms at the numerical level, such as Shor's or quantum annealing.
The Quantum Computing market covers Hardware, Software, etc. The typical players include D-Wave Solutions, IBM, Google, etc.
LPI (LP Information)' newest research report, the “Quantum Computing Industry Forecast” looks at past sales and reviews total world Quantum Computing sales in 2022, providing a comprehensive analysis by region and market sector of projected Quantum Computing sales for 2023 through 2029. With Quantum Computing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Quantum Computing industry.
This Insight Report provides a comprehensive analysis of the global Quantum Computing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Quantum Computing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Quantum Computing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Quantum Computing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Quantum Computing.
The global Quantum Computing market size is projected to grow from US$ 230.4 million in 2022 to US$ 2035.7 million in 2029; it is expected to grow at a CAGR of 36.5% from 2023 to 2029.
Global key players of Quantum Computing include D-Wave Solutions, IBM, ColdQuanta, Google, Microsoft and Rigetti Computing, etc. Top five players occupy for a share about 48%. North America is the largest market, with a share about 54%, followed by Asia-Pacific and Europe. In terms of product, Hardware is the largest segment, with a share over 82%. In terms of application, Medical is the largest market, with a share over 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Quantum Computing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Cloud Service
Segmentation by application
Medical
Chemistry
Transportation
Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
D-Wave Solutions
IBM
Google
Microsoft
Rigetti Computing
Intel
Origin Quantum Computing Technology
Anyon Systems Inc.
Cambridge Quantum Computing Limited
ColdQuanta
1QBit
Xanadu Quantum Technologies
Honeywell
Zapata Computing
Fujitsu
QC Ware
Ion Q

Please note: The report will take approximately 2 business days to prepare and deliver.