Europe quantum computing market was valued at $257.5 million in 2021 and will grow by 27.2% annually over 2021-2031, driven by the need for secure communication and digitization, an emergence of advance applications and early adoption of quantum computers in some industries, increased investment in quantum computing technology, and the rise of numerous strategic partnerships and collaborations among key vendors.
Highlighted with 36 tables and 67 figures, this 131-page report “Europe Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe quantum computing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe quantum computing market in every aspect of the classification from perspectives of Component, Technology, Deployment, Application, Industry Vertical, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
o Quantum Computers
o Programmed Infrastructure
• Software
o Simulation
o Optimization
o Machine Learning
o Sampling and Others
• Services
o Professional Services
Deployment and Installation
Infrastructure Maintenance
Consulting and Education
o Managed Services
Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Superconducting Qubits
• Trapped Ion
• Quantum Cryptography
• Quantum Annealing
• Topological and Photonic
By Deployment, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• On-premises Deployment
• Cloud-based Deployment
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Machine Learning (ML)
• Quantum Optimization
• Quantum Simulation
• Quantum Finance
• Quantum Chemistry
• Other Applications
By Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Pharmaceutical and Healthcare
• BFSI
• Government and Public Services
• Aerospace and Defense
• Energy & Utilities
• Automotive and Transportation
• Chemical Industry
• IT and Telecom
• Manufacturing Industry
• Cybersecurity
• Media and Entertainment
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component, Technology and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
1QB Information Technologies Inc.
Accenture Plc.
Amazon Web Services, Inc.
Anyon Systems, Inc.
Atos SE
Cambridge Quantum Computing Ltd.
ColdQuanta, Inc.
D-Wave Systems Inc.
Google LLC by Alphabet Inc.
Honeywell International Inc.
IBM Corporation
Intel Corporation
IonQ Inc.
ISARA Corporation
Microsoft Corporation
QC Ware Corp.
Quantum Circuits, Inc.
Rigetti & Co, Inc.
River Lane Research
Xanadu Quantum Technologies Inc.
Zapata Computing, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Europe Market by Component 41
3.1 Market Overview by Component 41
3.2 Hardware 43
3.2.1 Quantum Computers 44
3.2.2 Programmed Infrastructure 45
3.3 Software 46
3.3.1 Simulation 48
3.3.2 Optimization 49
3.3.3 Machine Learning 50
3.3.4 Sampling and Others 51
3.4 Services 52
3.4.1 Professional Services 53
3.4.2 Managed Services 54
4 Segmentation of Europe Market by Technology 55
4.1 Market Overview by Technology 55
4.2 Superconducting Qubits 57
4.3 Trapped Ion 58
4.4 Quantum Cryptography 59
4.5 Quantum Annealing 60
4.6 Topological and Photonic 61
5 Segmentation of Europe Market by Deployment 62
5.1 Market Overview by Deployment 62
5.2 On-premises Deployment 64
5.3 Cloud-based Deployment 65
6 Segmentation of Europe Market by Application 66
6.1 Market Overview by Application 66
6.2 Machine Learning (ML) 68
6.3 Quantum Optimization 69
6.4 Quantum Simulation 70
6.5 Quantum Finance 71
6.6 Quantum Chemistry 72
6.7 Other Applications 73
7 Segmentation of Europe Market by Industry Vertical 74
7.1 Market Overview by Industry Vertical 74
7.2 Pharmaceutical and Healthcare 76
7.3 BFSI 77
7.4 Government and Public Services 78
7.5 Aerospace and Defense 79
7.6 Energy & Utilities 80
7.7 Automotive and Transportation 81
7.8 Chemical Industry 82
7.9 IT and Telecom 83
7.10 Manufacturing Industry 84
7.11 Cybersecurity 85
7.12 Media and Entertainment 86
7.13 Other Industry Verticals 87
8 European Market 2021-2031 by Country 88
8.1 Overview of European Market 88
8.2 Germany 91
8.3 U.K. 93
8.4 France 95
8.5 Spain 97
8.6 Italy 99
8.7 Netherlands 101
8.8 Rest of European Market 103
9 Competitive Landscape 105
9.1 Overview of Key Vendors 105
9.2 New Product Launch, Partnership, Investment, and M&A 108
9.3 Company Profiles 109
1QB Information Technologies Inc. 109
Accenture Plc. 111
Amazon Web Services, Inc. 112
Anyon Systems, Inc. 113
Atos SE 114
Cambridge Quantum Computing Ltd. 115
ColdQuanta, Inc. 116
D-Wave Systems Inc. 117
Google LLC by Alphabet Inc. 118
Honeywell International Inc. 119
IBM Corporation 120
Intel Corporation 121
IonQ Inc. 122
ISARA Corporation 123
Microsoft Corporation 124
QC Ware Corp. 125
Quantum Circuits, Inc. 126
Rigetti & Co, Inc. 127
River Lane Research 128
Xanadu Quantum Technologies Inc. 129
Zapata Computing, Inc. 130
RELATED REPORTS 131
List of Tables:
Table 1. Snapshot of Europe Quantum Computing Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Main Product Trends and Market Opportunities in Europe Quantum Computing Market 33
Table 5. Europe Quantum Computing Market by Component, 2021-2031, $ mn 41
Table 6. Europe Quantum Computing Market: Hardware by Type, 2021-2031, $ mn 43
Table 7. Europe Quantum Computing Market: Software by Type, 2021-2031, $ mn 47
Table 8. Europe Quantum Computing Market: Services by Type, 2021-2031, $ mn 52
Table 9. Europe Quantum Computing Market: Professional Services by Type, 2021-2031, $ mn 53
Table 10. Europe Quantum Computing Market by Technology, 2021-2031, $ mn 55
Table 11. Europe Quantum Computing Market by Deployment, 2021-2031, $ mn 62
Table 12. Europe Quantum Computing Market by Application, 2021-2031, $ mn 66
Table 13. Europe Quantum Computing Market by Industry Vertical, 2021-2031, $ mn 74
Table 14. Europe Quantum Computing Market by Country, 2021-2031, $ mn 90
Table 15. Germany Quantum Computing Market by Component, 2021-2031, $ mn 92
Table 16. Germany Quantum Computing Market by Technology, 2021-2031, $ mn 92
Table 17. Germany Quantum Computing Market by Application, 2021-2031, $ mn 92
Table 18. U.K. Quantum Computing Market by Component, 2021-2031, $ mn 94
Table 19. U.K. Quantum Computing Market by Technology, 2021-2031, $ mn 94
Table 20. U.K. Quantum Computing Market by Application, 2021-2031, $ mn 94
Table 21. France Quantum Computing Market by Component, 2021-2031, $ mn 96
Table 22. France Quantum Computing Market by Technology, 2021-2031, $ mn 96
Table 23. France Quantum Computing Market by Application, 2021-2031, $ mn 96
Table 24. Spain Quantum Computing Market by Component, 2021-2031, $ mn 98
Table 25. Spain Quantum Computing Market by Technology, 2021-2031, $ mn 98
Table 26. Spain Quantum Computing Market by Application, 2021-2031, $ mn 98
Table 27. Italy Quantum Computing Market by Component, 2021-2031, $ mn 100
Table 28. Italy Quantum Computing Market by Technology, 2021-2031, $ mn 100
Table 29. Italy Quantum Computing Market by Application, 2021-2031, $ mn 100
Table 30. Netherlands Quantum Computing Market by Component, 2021-2031, $ mn 102
Table 31. Netherlands Quantum Computing Market by Technology, 2021-2031, $ mn 102
Table 32. Netherlands Quantum Computing Market by Application, 2021-2031, $ mn 102
Table 33. Quantum Computing Market in Rest of Europe by Country, 2021-2031, $ mn 104
Table 34. 1QB Information Technologies Inc.: Company Snapshot 109
Table 35. 1QB Information Technologies Inc.: Business Segmentation 110
Table 36. 1QB Information Technologies Inc.: Product Portfolio 110
