Quantum Computing Market is Projected to Register a Healthy CAGR of 29.5%

Posted by ojasdbmr on May 20th, 2021

Global quantum computing market is projected to register a healthy CAGR of 29.5% in the forecast period of 2020 to 2026. Quantum computing is an advanced developing computer technology which is based on the quantum mechanics and quantum theory. The quantum computer has been used for the quantum computing which follows the concepts of quantum physics. The quantum computing is different from the classical computing in terms of speed, bits and the data.

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Market Segmentation: Global quantum computing market

•          By System (Single Qubit Quantum System and Multiple Qubit System)
•          By Qubits (Trapped Ion Qubits, Semiconductor Qubits and Super Conducting)
•          By Deployment Model (On-Premises and Cloud)
•          By Component (Hardware, Software and Services)
•          By Application (Cryptography, Simulation, Parallelism, Machine Learning, Algorithms, Others)
•          By Logic Gates (Toffoli Gate, Hadamard Gate, Pauli Logic Gates and Others)
•          By Verticals (Banking And Finance, Healthcare & Pharmaceuticals, Defence, Automotive, Chemical, Utilities, Others)
•          By Geography (North America, South America, Europe, Asia- Pacific, Middle East and Africa)

Market Players: Global Quantum Computing Market

Some of the major players operating in this market are Honeywell International, Inc., Accenture, Fujitsu, Rigetti & Co, Inc., 1QB Information Technologies, Inc., IonQ, Atom Computing, ID Quantique, QuintessenceLabs, Toshiba Research Europe Ltd, Google,Inc., Microsoft Corporation, Xanadu, Magiq Technologies, Inc., QX branch, NEC Corporation, Anyon System,Inc. Cambridge Quantum Computing Limited, QC Ware Corp, Intel Corporation and others.

Focus of the report

• CAGR values in the market for the forecast period
• Key trends in the market place
• Major players and brands
• Historical and current market size and projection up to 2026.
• Detailed overview of parent market
• Changing market dynamics of the industry