Global Quantum Computing Market Assessment 2022-2027: Growing Adoption in Aerospace and Defense, Growing investment of Governments, & Emergence of…

DUBLIN, April 27, 2022 /PRNewswire/ -- The "Quantum Computing Market by Technology, Infrastructure, Services, and Industry Verticals 2022 - 2027" report has been added to ResearchAndMarkets.com's offering.

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This report assesses the technology, companies/organizations, R&D efforts, and potential solutions facilitated by quantum computing.

The report provides global and regional forecasts as well as the outlook for quantum computing impact on infrastructure including hardware, software, applications, and services from 2022 to 2027. This includes the quantum computing market across major industry verticals.

Quantum Computing Industry Impact

The implications for data processing, communications, digital commerce and security, and the internet as a whole cannot be overstated as quantum computing is poised to radically transform the ICT sector. In addition, quantum computing will disrupt entire industries ranging from government and defense to logistics and manufacturing. No industry vertical will be immune to the potential impact of quantum computing. Every industry must pay great attention to technology developments, implementation, integration, and market impacts.

Quantum Computing Technology Development

While there is great promise for quantum computing, it remains largely in the research and development (R&D) stage as companies, universities, and research organizations seek to solve some of the practical problems for commercialization such as how to keep a qubit stable. The stability problem is due to molecules always being in motion, even if that motion is merely a small vibration. When qubits are disturbed, a condition referred to as decoherence occurs, rendering computing results unpredictable or even useless. One of the potential solutions is to use super-cooling methods such as cryogenics.

Some say there is a need to reach absolute zero (the temperature at which all molecular motion ceases), but that is a theoretical temperature that is practically impossible to reach and maintain, requiring enormous amounts of energy. There are some room-temperature quantum computers in R&D using photonic qubits, but nothing is yet scalable. Some experts say that if the qubit energy level is high enough, cryogenic type cooling is not a requirement.

Alternatives include ion trap quantum computing and other methods to achieve very cold super-cooled small-scale demonstration level computing platforms. There are additional issues involved with implementing and operating quantum computing. In terms of maintenance, quantum systems must be kept at subzero temperatures to keep the qubits stable, which creates trouble for people working with them and expensive, energy-consuming equipment to support.

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Once these issues are overcome, we anticipate that quantum computing will become more mainstream for solving specific types of problems. However, there will remain general-purpose computing problems that must be solved with classical computing. In fact, we anticipate development of solutions that involve quantum and classical CPUs on the same computing platform, which will be capable of solving combined general purpose and use case-specific computation problems.

These next-generation computing systems will provide the best of both worlds, which will be high-speed, general-purpose computing combined with use case-specific ultra-performance for certain tasks that will remain outside the range of binary computation for the foreseeable future.

Select Report Findings:

The global market for QC hardware will exceed $8.3 billion by 2027

Leading application areas are simulation, optimization, and sampling

Managed services will reach $298 million by 2027 with CAGR of 43.9%

Key professional services will be deployment, maintenance, and consulting

QC based on superconducting (cooling) loops tech will reach $3.7B by 2027

Fastest growing industry verticals will be government, energy, and transportation

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction2.1 Understanding Quantum Computing2.2 Quantum Computer Types2.2.1 Quantum Annealer2.2.2 Analog Quantum2.2.3 Universal Quantum2.3 Quantum Computing vs. Classical Computing2.3.1 Will Quantum replace Classical Computing?2.3.2 Physical Qubits vs. Logical Qubits2.4 Quantum Computing Development Timeline2.5 Quantum Computing Market Factors2.6 Quantum Computing Development Progress2.6.1 Increasing the Number of Qubits2.6.2 Developing New Types of Qubits2.7 Quantum Computing Patent Analysis2.8 Quantum Computing Regulatory Analysis2.9 Quantum Computing Disruption and Company Readiness

3.0 Technology and Market Analysis3.1 Quantum Computing State of the Industry3.2 Quantum Computing Technology Stack3.3 Quantum Computing and Artificial Intelligence3.4 Quantum Neurons3.5 Quantum Computing and Big Data3.6 Linear Optical Quantum Computing3.7 Quantum Computing Business Model3.8 Quantum Software Platform3.9 Application Areas3.10 Emerging Revenue Sectors3.11 Quantum Computing Investment Analysis3.12 Quantum Computing Initiatives by Country

4.0 Quantum Computing Drivers and Challenges4.1 Quantum Computing Market Dynamics4.2 Quantum Computing Market Drivers4.2.1 Growing Adoption in Aerospace and Defense Sectors4.2.2 Growing investment of Governments4.2.3 Emergence of Advance Applications4.3 Quantum Computing Market Challenges

5.0 Quantum Computing Use Cases5.1 Quantum Computing in Pharmaceuticals5.2 Applying Quantum Technology to Financial Problems5.3 Accelerate Autonomous Vehicles with Quantum AI5.4 Car Manufacturers using Quantum Computing5.5 Accelerating Advanced Computing for NASA Missions

6.0 Quantum Computing Value Chain Analysis6.1 Quantum Computing Value Chain Structure6.2 Quantum Computing Competitive Analysis6.2.1 Leading Vendor Efforts6.2.2 Start-up Companies6.2.3 Government Initiatives6.2.4 University Initiatives6.2.5 Venture Capital Investments6.3 Large Scale Computing Systems

7.0 Company Analysis7.1 D-Wave Systems Inc.7.2 Google Inc.7.3 Microsoft Corporation7.4 IBM Corporation7.5 Intel Corporation7.6 Nokia Corporation7.7 Toshiba Corporation7.8 Raytheon Company7.9 Other Companies7.9.1 1QB Information Technologies Inc.7.9.2 Cambridge Quantum Computing Ltd.7.9.3 QC Ware Corp.7.9.4 MagiQ Technologies Inc.7.9.5 Rigetti Computing7.9.6 Anyon Systems Inc.7.9.7 Quantum Circuits Inc.7.9.8 Hewlett Packard Enterprise7.9.9 Fujitsu Ltd.7.9.10 NEC Corporation7.9.11 SK Telecom7.9.12 Lockheed Martin Corporation7.9.13 NTT Docomo Inc.7.9.14 Alibaba Group Holding Limited7.9.15 Booz Allen Hamilton Inc.7.9.16 Airbus Group7.9.17 Amgen Inc.7.9.18 Biogen Inc.7.9.19 BT Group7.9.20 Mitsubishi Electric Corp.7.9.21 Volkswagen AG7.9.22 KPN7.10 Ecosystem Contributors7.10.1 Agilent Technologies7.10.2 Artiste-qb.net7.10.3 Avago Technologies7.10.4 Ciena Corporation7.10.5 Eagle Power Technologies Inc7.10.6 Emcore Corporation7.10.7 Enablence Technologies7.10.8 Entanglement Partners7.10.9 Fathom Computing7.10.10 Alpine Quantum Technologies GmbH7.10.11 Atom Computing7.10.12 Black Brane Systems7.10.13 Delft Circuits7.10.14 EeroQ7.10.15 Everettian Technologies7.10.16 EvolutionQ7.10.17 H-Bar Consultants7.10.18 Horizon Quantum Computing7.10.19 ID Quantique7.10.20 InfiniQuant7.10.21 IonQ7.10.22 ISARA7.10.23 KETS Quantum Security7.10.24 Magiq7.10.25 MDR Corporation7.10.26 Nordic Quantum Computing Group7.10.27 Oxford Quantum Circuits7.10.28 Post-Quantum (PQ Solutions)7.10.29 ProteinQure7.10.30 PsiQuantum7.10.31 Q&I7.10.32 Qasky7.10.33 QbitLogic7.10.34 Q-Ctrl7.10.35 Qilimanjaro Quantum Hub7.10.36 Qindom7.10.37 Qnami7.10.38 QSpice Labs7.10.39 Qu & Co7.10.40 Quandela7.10.41 Quantika7.10.42 Quantum Benchmark Inc.7.10.43 Quantum Circuits Inc.7.10.44 Quantum Factory GmbH7.10.45 QuantumCTek7.10.46 Quantum Motion Technologies7.10.47 QuantumX7.10.48 Qubitekk7.10.49 Qubitera LLC7.10.50 Quintessence Labs7.10.51 Qulab7.10.52 Qunnect7.10.53 QuNu Labs7.10.54 River Lane Research7.10.55 SeeQC7.10.56 Silicon Quantum Computing7.10.57 Sparrow Quantum7.10.58 Strangeworks7.10.59 Tokyo Quantum Computing7.10.60 TundraSystems Global Ltd.7.10.61 Turing7.10.62 Xanadu7.10.63 Zapata Computing7.10.64 Accenture7.10.65 Atos Quantum7.10.66 Baidu7.10.67 Northrop Grumman7.10.68 Quantum Computing Inc.7.10.69 Keysight Technologies7.10.70 Nano-Meta Technologies7.10.71 Optalysys Ltd.

8.0 Quantum Computing Market Analysis and Forecasts 2022 - 20278.1.1 Quantum Computing Market by Infrastructure8.1.2 Quantum Computing Market by Technology Segment8.1.3 Quantum Computing Market by Industry Vertical8.1.4 Quantum Computing Market by Region

9.0 Conclusions and Recommendations

10.0 Appendix: Quantum Computing and Classical HPC

For more information about this report visit https://www.researchandmarkets.com/r/6yf53

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Global Quantum Computing Market Assessment 2022-2027: Growing Adoption in Aerospace and Defense, Growing investment of Governments, & Emergence of...