The global quantum computing market was valued at USD 81.6 million in 2018 and is expected to reach USD 381.6 million in 2026, growing at a CAGR of 21.26% from 2019 to 2026.Quantum computing is basically a computation method which uses quantum-mechanical phenomena such as superposition and entanglement. Quantum Computing is performed by using two approaches as in analog and digital. By using these approaches a quantum computer can be physically implemented by using quantum bits or qubits. Quantum computing is offered in two ways: Systems and Consulting Solutions. The growth of the quantum computing market is primarily driven by the rapid advancement in technological development and utilization of advanced electronic systems in computing. Moreover, the growing emphasis on reducing cybercrime is fuelling the need for employing quantum computing. Recent years has witnessed a spur of investments in this field which has resulted in the growth of this market. However, the lack of skilled professionals is one of the restraining factors which may hamper the growth of the global quantum computing market. The quantum computing system offering is poised to dominate the market throughout the forecast periodBased on offering, the quantum computing market has been segmented into consulting solutions and systems. The systems segment accounted for approximately 57% of the share in the global quantum computing market in 2018. While consulting solutions offering segment accounted highest CAGR of around 27.46% in the global quantum computing market during the forecast period owing to the capability of providing customized solutions. This advantage is anticipated to propel the demand and sales for consulting solutions across the developed and developing countries in the global market in the near future.Based on function, the machine learning segment is expected to grow at a CAGR of around 28% during the forecast periodBased on function, the market has been segmented into optimization, machine learning, and material simulation. The optimization function segment accounts for the largest share in the market and expected to grow at a CAGR of around 22.56% during the forecast period. While the machine learning function segment expected to hold the CAGR of approximately 28% during the forecast period. The increase in research & development activities to incorporate better machine connectivity in various industries is anticipated to increase the market share in terms of value. However, the requirement of high capital investment is anticipated to hamper the growth of this segment.Based on end-use industry, the aerospace & defense segment is expected to dominate during 2019 to 2026Based on end-use industry, the market has been segmented into Aerospace and Defense, Automotive, Healthcare, and others. The aerospace & defense segment accounts of the largest share in the market and held for more than 32% of the total market in 2018. The major factors that are driving the growth of this segment are the growing number of new players and start-ups which offer cost-efficient solutions. Key players are investing a substantial amount of resources in order to develop modern computing solutions to cater to customised requirements.Regionally, Europe to dominate the Quantum Computing market throughout the forecast periodEurope region accounted for nearly 27.67% share of the global quantum computing market in 2018 and is expected to dominate the market throughout the forecast period. The rapid growth in the industrialization and liberalization of foreign direct investment in the aerospace and defense sector are the major driving factor for the region in the global market. Asia Pacific region is expected to hold the highest CAGR in the global market during the forecast period. Manufacturers are investing in the Asia Pacific region countries to meet the growing demand for end-use industries. Company Profiles and Competitive Intelligence:The major players operating in the global quantum computing market are D-Wave Systems Inc. (Canada), QX Branch (United States), Cambridge Quantum Computing Limited (United Kingdom), 1QB Information Technologies (Canada), International Business Machines Corporation (United States), QC Ware, Corp. (United States), StationQ- Microsoft (United States), Rigetti Computing (United States), Google Inc. (United States), and River Lane Research (United States) among others.
Chapter 1Executive Summary
1.1Market Summary
1.1.1Global Quantum Computing Market, 2016-2026, (USD Million)
1.1Market Snapshot: Global Quantum Computing Market
1.2Market Dynamics
1.3Global Quantum Computing Market, by Segment, 2018
1.3.1Global Quantum Computing Market, by Offering, 2018, (USD Million)
1.3.2Global Quantum Computing Market, by Function, 2018, (USD Million)
1.3.3Global Quantum Computing Market, by End-Use Industry, 2018, (USD Million)
1.3.4Global Quantum Computing Market, by Region, 2018 (USD Million)
1.4Premium Insights
1.4.1Quantum Computing Market In Developed Vs. Developing Economies, 2018 vs 2023
1.4.2Global Quantum Computing Market: Regional Life Cycle Analysis
Chapter 2Market Dynamics
2.1Market Overview
2.2Market Drivers
2.2.1Emphasis on Reducing Cybercrime
2.2.2Demand from Aerospace & Defense Sector
2.3Market Restraints
2.3.1Availability of Substitute Technologies
2.3.2Lack of Skilled Professionals
2.4Market Opportunities
2.4.1Application of Quantum Computing in Mobile Transaction Field
2.4.2Healthcare Industry Employing Quantum Computing in Drug Discovery
2.5Industry Value Chain Analysis
2.6Pricing Analysis
2.7Porter’s Five Forces Analysis
Chapter 3Global Quantum Computing Market, by Offering
3.1Market Overview, by Offering
3.1.1Global Quantum Computing Market, by Offering, 2016-2026 (USD Million)
3.1.2Incremental Opportunity, by Offering, 2018
3.2Consulting Solutions
3.2.1Global Quantum Computing Market, by Consulting Solutions, 2016-2026, (USD Million)
3.3Systems
3.3.1Global Quantum Computing Market, by Systems, 2016-2026, (USD Million)
Chapter 4Global Quantum Computing Market, by Function
4.1Market Overview, by Function
4.1.1Global Quantum Computing Market, by Function, 2016-2026 (USD Million)
4.1.2Incremental Opportunity, by Function, 2018
4.2Optimization
4.2.1Global Quantum Computing Market, by Optimization, 2016-2026, (USD Million)
4.3Machine Learning
4.3.1Global Quantum Computing Market, by Machine Learning, 2016-2026, (USD Million)
4.4Material Simulation
4.4.1Global Quantum Computing Market, by Material Simulation, 2016-2026, (USD Million)
Chapter 5Global Quantum Computing Market, by End-Use Industry
5.1Market Overview, by End-Use Industry
5.1.1Global Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
5.1.2Incremental Opportunity, by End-Use Industry, 2018
5.2Aerospace and Defense
5.2.1Global Quantum Computing Market, by Aerospace and Defense, 2016-2026, (USD Million)
5.3Automotive
5.3.1Global Quantum Computing Market, by Automotive, 2016-2026, (USD Million)
5.4Healthcare
5.4.1Global Quantum Computing Market, by Healthcare, 2016-2026, (USD Million)
5.5Others
5.5.1Global Quantum Computing Market, by Others, 2016-2026, (USD Million)
Chapter 6Global Quantum Computing Market, by Region
6.1Market Overview, by Region
6.1.1Global Quantum Computing Market, by Region, 2016-2026, (USD Million)
6.2Attractive Investment Opportunity, by Region, 2018
6.3North America Quantum Computing Market
6.3.1North America Quantum Computing Market, by Country, 2016-2026 (USD Million)
6.3.2United States Quantum Computing Market, 2016-2026 (USD Million)
6.3.3Canada Quantum Computing Market, 2016-2026 (USD Million)
6.4Europe Quantum Computing Market
6.4.1Europe Quantum Computing Market, by Country, 2016-2026 (USD Million)
6.4.2United Kingdom Quantum Computing Market, 2016-2026 (USD Million)
6.4.3Germany Quantum Computing Market, 2016-2026 (USD Million)
6.4.4France Quantum Computing Market, 2016-2026 (USD Million)
6.4.5Rest of Europe Quantum Computing Market, 2016-2026 (USD Million)
6.5Asia Pacific Quantum Computing Market
6.5.1Asia Pacific Quantum Computing Market, by Country, 2016-2026 (USD Million)
6.5.2China Quantum Computing Market, 2016-2026 (USD Million)
6.5.3Japan Quantum Computing Market, 2016-2026 (USD Million)
6.5.4India Quantum Computing Market, 2016-2026 (USD Million)
6.5.5Rest of Asia Pacific Quantum Computing Market, 2016-2026 (USD Million)
6.6Latin America Quantum Computing Market
6.6.1Latin America Quantum Computing Market, by Country, 2016-2026 (USD Million)
6.6.2Brazil Quantum Computing Market, 2016-2026 (USD Million)
6.6.3Mexico Quantum Computing Market, 2016-2026 (USD Million)
6.6.4Rest of Latin America Quantum Computing Market, 2016-2026 (USD Million)
6.7Middle East & Africa Quantum Computing Market
6.7.1Middle East & Africa Quantum Computing Market, by Country, 2016-2026 (USD Million)
6.7.2GCC Quantum Computing Market, 2016-2026 (USD Million)
6.7.3Rest of Middle East & Africa Quantum Computing Market, 2016-2026 (USD Million)
Chapter 7Competitive Intelligence
7.1Top 5 Players Comparison
7.2Market Positioning of Key Players, 2018
7.3Market Players Mapping
7.3.1By Offering
7.3.2By Function
7.3.3By End-Use Industry
7.3.4By Region
7.4Strategies Adopted by Key Market Players
7.5Recent Developments in the Market
7.5.1Mergers & Acquisitions, Partnership, New Product Developments
Chapter 8Company Profiles
8.1D-Wave Systems Inc.
8.1.1D-Wave Systems Inc. Overview
8.1.2D-Wave Systems Inc. Products Portfolio
8.1.3D-Wave Systems Inc. Financial Overview
8.1.4D-Wave Systems Inc. News/Recent Developments
8.2QX Branch (US)
8.2.1QX Branch (US) Overview
8.2.2QX Branch (US) Products Portfolio
8.2.3QX Branch (US) Financial Overview
8.2.4QX Branch (US) News/Recent Developments
8.3International Business Machines Corporation
8.3.1International Business Machines Corporation Overview
8.3.2International Business Machines Corporation Products Portfolio
8.3.3International Business Machines Corporation Financial Overview
8.3.4International Business Machines Corporation News/Recent Developments
8.4Cambridge Quantum Computing Limited
8.4.1Cambridge Quantum Computing Limited Overview
8.4.2Cambridge Quantum Computing Limited Products Portfolio
8.4.3Cambridge Quantum Computing Limited Financial Overview
8.4.4Cambridge Quantum Computing Limited News/Recent Developments
8.51QB Information Technologies
8.5.11QB Information Technologies Overview
8.5.21QB Information Technologies Products Portfolio
8.5.31QB Information Technologies Financial Overview
8.5.41QB Information Technologies News/Recent Developments
8.6QC Ware, Corp.
8.6.1QC Ware, Corp. Overview
8.6.2QC Ware, Corp. Products Portfolio
8.6.3QC Ware, Corp. Financial Overview
8.6.4QC Ware, Corp. News/Recent Developments
8.7StationQ- Microsoft
8.7.1StationQ- Microsoft Overview
8.7.2StationQ- Microsoft Products Portfolio
8.7.3StationQ- Microsoft Financial Overview
8.7.4StationQ- Microsoft News/Recent Developments
8.8Rigetti Computing
8.8.1Rigetti Computing Overview
8.8.2Rigetti Computing Products Portfolio
8.8.3Rigetti Computing Financial Overview
8.8.4Rigetti Computing News/Recent Developments
8.9Google Inc.
8.9.1Google Inc. Overview
8.9.2Google Inc. Products Portfolio
8.9.3Google Inc. Financial Overview
8.9.4Google Inc. News/Recent Developments
8.10River Lane Research
8.10.1River Lane Research Overview
8.10.2River Lane Research Products Portfolio
8.10.3River Lane Research Financial Overview
8.10.4River Lane Research News/Recent Developments
Chapter 9Preface
9.1Data Triangulation
9.2Research Methodology
9.2.1Phase I – Secondary Research
9.2.2Phase II – Primary Research
9.2.3Phase III – Expert Panel Review
9.2.4Approach Adopted
9.2.4.1Top-Down Approach
9.2.4.2Bottom-Up Approach
9.2.5Supply- Demand side
9.2.6Breakup of the Primary Profiles
TABLE 1Market Snapshot: Global Quantum Computing Market Value
TABLE 2Global Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 3Global Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 4Global Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 5Global Quantum Computing Market, by Region, 2016-2026 (USD Million)
TABLE 6North America Quantum Computing Market, by Offering, 2016-2026 (KT)
TABLE 7North America Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 8North America Quantum Computing Market, by Function, 2016-2026 (KT)
TABLE 9North America Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 10North America Quantum Computing Market, by End-Use Industry, 2016-2026 (KT)
TABLE 11North America Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 12Europe Quantum Computing Market, by Offering, 2016-2026 (KT)
TABLE 13Europe Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 14Europe Quantum Computing Market, by Function, 2016-2026 (KT)
TABLE 15Europe Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 16Europe Quantum Computing Market, by End-Use Industry, 2016-2026 (KT)
TABLE 17Europe Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 18Asia Pacific Quantum Computing Market, by Offering, 2016-2026 (KT)
TABLE 19Asia Pacific Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 20Asia Pacific Quantum Computing Market, by Function, 2016-2026 (KT)
TABLE 21Asia Pacific Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 22Asia Pacific Quantum Computing Market, by End-Use Industry, 2016-2026 (KT)
TABLE 23Asia Pacific Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 24Latin America Quantum Computing Market, by Offering, 2016-2026 (KT)
TABLE 25Latin America Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 26Latin America Quantum Computing Market, by Function, 2016-2026 (KT)
TABLE 27Latin America Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 28Latin America Quantum Computing Market, by End-Use Industry, 2016-2026 (KT)
TABLE 29Latin America Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 30Middle East & Africa Quantum Computing Market, by Offering, 2016-2026 (KT)
TABLE 31Middle East & Africa Quantum Computing Market, by Offering, 2016-2026 (USD Million)
TABLE 32Middle East & Africa Quantum Computing Market, by Function, 2016-2026 (KT)
TABLE 33Middle East & Africa Quantum Computing Market, by Function, 2016-2026 (USD Million)
TABLE 34Middle East & Africa Quantum Computing Market, by End-Use Industry, 2016-2026 (KT)
TABLE 35Middle East & Africa Quantum Computing Market, by End-Use Industry, 2016-2026 (USD Million)
TABLE 36Top 5 Players Comparison
TABLE 37Market Players Mapping – By Offering
TABLE 38Market Players Mapping – By Function
TABLE 39Market Players Mapping – By End-Use Industry
TABLE 40Top Players Market Mapping – By Region
TABLE 41Strategies Adopted by Key Market Players
TABLE 42Mergers & Acquisitions, Partnership, New Product Developments
TABLE 43D-Wave Systems Inc. Overview
TABLE 44D-Wave Systems Inc. Product Portfolio
TABLE 45D-Wave Systems Inc. News/Recent Developments
TABLE 46QX Branch (US) Overview
TABLE 47QX Branch (US) Product Portfolio
TABLE 48QX Branch (US) News/Recent Developments
TABLE 49International Business Machines Corporation Overview
TABLE 50International Business Machines Corporation Product Portfolio
TABLE 51International Business Machines Corporation News/Recent Developments
TABLE 52Cambridge Quantum Computing Limited Overview
TABLE 53Cambridge Quantum Computing Limited Product Portfolio
TABLE 54Cambridge Quantum Computing Limited News/Recent Developments
TABLE 551QB Information Technologies Overview
TABLE 561QB Information Technologies Product Portfolio
TABLE 571QB Information Technologies News/Recent Developments
TABLE 58QC Ware, Corp. Overview
TABLE 59QC Ware, Corp. Product Portfolio
TABLE 60QC Ware, Corp. News/Recent Developments
TABLE 61StationQ- Microsoft Overview
TABLE 62StationQ- Microsoft Product Portfolio
TABLE 63StationQ- Microsoft News/Recent Developments
TABLE 64Rigetti Computing Overview
TABLE 65Rigetti Computing Product Portfolio
TABLE 66Rigetti Computing News/Recent Developments
TABLE 67Google Inc. Overview
TABLE 68Google Inc. Product Portfolio
TABLE 69Google Inc. News/Recent Developments
TABLE 70River Lane Research Overview
TABLE 71River Lane Research Product Portfolio
TABLE 72River Lane Research News/Recent Developments
