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Quantum Computing Market Comprehensive Study with Key Trends and Challenges by 2027 : Growth By Top Companies are Google, IBM, Intel, Microsoft and Qxbranch

04-17-2020 06:40 AM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Quantum Computing Market

Quantum Computing Market

The business instances along with the prospects for quantum computing - despite of being overstated at times- have undeniably been fascinating. The potential benefits of quantum computing expected for a wide-ranging enterprises have been remarkable.

Present standards for encryption depend upon the incompetency of traditional computers to factor big numbers that serves as a basis of a number of popular cryptography methods. This further raises an entire new order for cyber security distress for the organizations, who may certainly find the paths of encrypted data cracked open at ease. Thus to address all these concerns, the National Institute of Standards and Technology (NIST) has proposed to find the novel standards within cryptographic algorithms that will likely not be vulnerable towards the attacks from quantum computers.

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Quantum computing is a major innovation since the invention of the microprocessor and quantum computers are dis-similar from digital electronic computers based on transistors. Quantum computers are much faster and powerful than today's computers. These systems are still in its development stage; however, several military agencies and national governments are funding for quantum computing research to develop quantum computers for business, civilians, and security purposes.

The surge in the adoption of quantum computing in the defense and automotive industry and an increase in incidences of cybercrime are the significant factors driving the growth of the quantum computing market. However, unawareness about the new technology along with the presence of substitute technology may restrain the global market during the forecast period. Moreover, the increase in the adoption of quantum computing in drug delivery is expected to deliver substantial growth opportunity to the industry players in the quantum computing market.

Key vendors engaged in the Quantum Computing market and covered in this report:

1. Cambridge Quantum Computing Ltd
2. D-Wave Systems Inc.
3. Google Inc.
4. IBM Corporation
5. Intel Corporation
6. Lockheed Martin Corporation
7. Microsoft
8. Qxbranch, Inc.
9. Rigetti & Co, Inc.
10. Toshiba Quantum Information group

The global quantum computing market is segmented on the basis of application and industry. Based on application, the quantum computing market is segmented into simulation, optimization, and sampling. On the basis of industry, the market is categorized into Aerospace & Defense, BFSI, Energy & Power, Transportation, Healthcare, IT & Telecommunication, and others.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

Key points from Table of Content:

1. Introduction
2. Key Takeways
3. Research Methodology
4. Quantum Computing Market Landscape
5. Quantum Computing Market - Key Market Dynamics
6. Quantum Computing Market - Global Market Analysis
7. Quantum Computing Market - Revenue And Forecasts To 2027 - Type
8. Quantum Computing Market - Revenue And Forecasts To 2027 - Technology
9. Quantum Computing Market - Revenue And Forecasts To 2027 - End User
10. Quantum Computing Market Revenue And Forecasts To 2027 - Geographical Analysis
11. Industry Landscape
12. Quantum Computing Market, Key Company Profiles

Scope of the study:

The research on the Quantum Computing market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Quantum Computing market on the basis of end user, product type, application, and demography for the forecast period 2020-2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Quantum Computing market.

Quantum Computing Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Major highlights of the report:

o All-inclusive evaluation of the parent market
o Evolution of significant market aspects
o Industry-wide investigation of market segments
o Assessment of market value and volume in past, present, and forecast years
o Evaluation of market share
o Study of niche industrial sectors
o Tactical approaches of market leaders
o Lucrative strategies to help companies strengthen their position in the market

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Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact Us

If you have any queries about this report or would like further information, please contact us:

The Insight Partners,

Phone: +1-646-491-9876

Email: sales@theinsightpartners.com

Website: https://www.theinsightpartners.com/

About The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

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