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Quantum Computing Market Size Expected to Reach USD 5,714.80 Million by 2032 With CAGR:19.1%

10-01-2024 12:01 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Quantum Computing Market

Quantum Computing Market

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

According to an exhaustive report by Polaris Market Research, the global quantum computing market is poised for significant growth over the next decade. In 2023, global sales income reached USD 1,187.92 million. Predicted to boost at a robust CAGR of 19.1%, the market is estimated to reach USD 5,714.80 million by 2032.

Quantum computing is a surfacing arena of innovative computer science capitalizing on the distinct grade of quantum mechanics to resolve issues beyond the capacity of even the most dynamic classical computers. The branch of quantum computing entails a gamut of regulations involving quantum hardware and quantum algorithms. While yet advancing, quantum technology will presently be capable of solving intricate issues that supercomputers cannot resolve or cannot resolve speedily. By benefitting from quantum physics, actualized quantum computers will be capable of processing considerably elaborate issues at the order of vastness speedier than contemporary machines.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/quantum-computing-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข The market for quantum computing is expanding due to progressions in quantum technology and the growing demand for robust computing solutions.
โ€ข In the arena of growingly intricate computational provocations covering several industries, conventional computing procedures frequently require assistance to encounter the ultimatum for rectifying the power and tempo needed to address these issues successfully.
โ€ข As industries struggle with issues spanning from drug detection to maximization and cryptography, the requirement for quantum computing solutions becomes more noticeable. Quantum computers carry the capacity to resolve these provocations aggressively speedier than classical computers, liberating contemporary approaches for invention, scientific detection, and problem resolution, which is driving up the quantum computing market demand.

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž

The market is portrayed by fierce contention amidst critical players competing for leadership occupations in the speedily evolving industries. Major companies in the quantum computing market are noted below:

โ€ข D-Wave Quantum Inc.
โ€ข Google LLC
โ€ข IBM Corporation
โ€ข Intel Corporation
โ€ข IonQ, Inc.
โ€ข IQM
โ€ข Microsoft Corporation
โ€ข Quantinuum Ltd.
โ€ข Rigetti & Co, LLC
โ€ข Riverlane Ltd
โ€ข Xanadu
โ€ข ZAPATA COMPUTING INC.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/quantum-computing-market/inquire-before-buying

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The significant growth of the system segment in the global market is mainly because of its vital role in offering comprehensive quantum computing solutions to businesses and research institutions. The system segment's dominance can be attributed to its ability to provide end-to-end solutions.
โ€ข The market's machine learning applications segment is expected to experience substantial growth due to the convergence of two technologies that are transforming data processing and analysis.
โ€ข In 2023, Europe established its dominance in the global quantum computing market, owing to the various factors that facilitated the region's technological advancement and adoption of quantum computing.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž

The regions covered in the report are Europe, North America, Latin America, Asia Pacific, Middle East & Africa.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/quantum-computing-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

Polaris Market Research has segmented the quantum computing market report based on offering, deployment, application, technology, and end-user:

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐  ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข System
โ€ข Services

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข On-Premises
โ€ข Cloud

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Machine Learning
โ€ข Optimization
โ€ข Simulation
โ€ข Others

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Photonic Networks
โ€ข Quantum Annealing
โ€ข Superconducting Qubits
โ€ข Trapped lons
โ€ข Others

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐„๐ง๐-๐”๐ฌ๐ž๐ซ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข Aerospace & Defense
โ€ข Automotive
โ€ข BFSI
โ€ข Chemical
โ€ข Energy & Power
โ€ข Government
โ€ข Healthcare
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Robotic Process Automation in BFSI Market: https://www.polarismarketresearch.com/industry-analysis/robotic-process-automation-bfsi-market

Agriculture Analytics Market: https://www.polarismarketresearch.com/industry-analysis/agriculture-analytics-market

Digital Signature Market: https://www.polarismarketresearch.com/industry-analysis/digital-signature-market

Hotel Management Software Market: https://www.polarismarketresearch.com/industry-analysis/hotel-management-software-market

Location Analytics Market: https://www.polarismarketresearch.com/industry-analysis/location-analytics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐„๐ญ๐ก๐ž๐ซ๐ง๐ž๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ž๐ญ๐ก๐ž๐ซ๐ง๐ž๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ ๐Ÿ.๐Ÿ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ—.๐Ÿ”๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ—.๐Ÿ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: This comprehensive study provides an accurate overview of the worldwide automotive ethernet market share. Comprehensive analyses of sales volume, price, revenue, market share, and important companiesโ€ฆ
Demand For Solar PV Glass Market Growing at 30.2% CAGR To Reach US$ 136.69 Billion From 2024 to 2032
10-01-2024 | Energy & Environment
Polaris Market Research & Consulting
Demand For Solar PV Glass Market Growing at 30.2% CAGR To Reach US$ 136.69 Billi โ€ฆ
๐’๐จ๐ฅ๐š๐ซ ๐๐• ๐†๐ฅ๐š๐ฌ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐ฌ๐จ๐ฅ๐š๐ซ ๐๐• ๐ ๐ฅ๐š๐ฌ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ 12.70 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ 136.69 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 30.2% ๐Ÿ๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง: Solar PV glass is a type of glass that uses solar cells to transform solar energy into electrical power. It is placed onโ€ฆ

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More Releases for Quantum

07-22-2022 | IT, New Media & Software
Quantum-South
Quantum-South joins IBM Quantum Network to explore quantum computing application โ€ฆ
Potentially faster and more effective ways of optimizing shipping logistics are being explored in Latin America The Uruguayan start-up has become the first Latin American company to join the IBM Quantum Network. They will focus on exploring quantum computing applications to optimize the air and maritime cargo industry. Quantum-South, the Uruguay-based start-up, has joined the IBM Quantum Network to apply quantum computing to the advancement of the air and maritime cargo industry,โ€ฆ
04-19-2021 | IT, New Media & Software
Quantum-South
Quantum Brilliance and Quantum-South partner to implement logistics optimization โ€ฆ
Quantum startups from Australia and South America collaborating to demonstrate quantum utility in air and marine cargo logistics. Canberra, Australia and Montevideo, Uruguay, April 19, 2021 -- Quantum Brilliance and Quantum-South today announced a partnership to jointly develop and market of complementary products and technology in shipping logistics optimization. The companies will be performing proof of concept implementations with air and marine cargo companies to demonstrate the potential ofquantum computing for solvingโ€ฆ
03-18-2019 | IT, New Media & Software
The Research Insights
Defining the Future of Quantum Computing Technologies Market with New Trends | A โ€ฆ
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. This report throws light on different attributes. It helps to present the research on global products of different types along with their applications. For technical analysis of Quantum Computing technologies market, the report analyzes the leading suppliers based on the technology platforms. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantumโ€ฆ
02-01-2019 | IT, New Media & Software
Research Reports World
Quantum Computing Technologies Market 2019: Top Key Players are Airbus Group, Ca โ€ฆ
Quantum Computing Technologies Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ - https://www.researchreportsworld.com/enquiry/request-sample/13796983 Global Quantum Computing Technologies market 2019 research provides a basic overview of the industryโ€ฆ
12-11-2018 | IT, New Media & Software
The Research Insights
Quantum Computing Technologies Market Defining the Future with New Trends: Airbu โ€ฆ
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum effects to significantly augment the performance over that of existing conventional technologies. There is intensifying indication that many of these quantum technologies are ready to evolution into commercial products. This report uses an exploratory technique, such as primary and secondary research,โ€ฆ
10-16-2018 | Business, Economy, Finances, B โ€ฆ
WiseGuyResearch Consultants Pvt Ltd
Quantum Computing Technologies 2018 Global Market Key Players โ€“ Airbus Group, โ€ฆ
WiseGuyRerports.com Presents โ€œGlobal Quantum Computing Technologies Market Size, Status and Forecast 2018-2025โ€ New Document to its Studies Database In 2017, the global Quantum Computing Technologies market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Quantum Computing Technologies status, future forecast, growth opportunity, key market and key players. The study objectives areโ€ฆ