Enterprise Quantum Computing Market Overview:
The principles of quantum phenomena and integration of quantum particles into the quantum devices are the major components that allows quantum computing to function. Unlike classical computers, quantum computing system uses quantum chips, which is made of several quantum bits (qubits) to process the data. Also, the higher the number of qubits used in a single quantum chip, the easier it gets to solve complex problems. Therefore, many major industries focus on R&D of quantum chip with less or no error and greater stability. Moreover, some companies are focused on using technologies such as quantum annealing, ion trapping, superconducting, topological photonic, and others for its development. Furthermore, it is being adopted across various industrial sectors, owing to the wide applications which drive the market growth.
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The quantum computing technology has numerous benefits, which allows its users to build the strategies in different ways. Although being in development phase, some of the industry players have already developed the quantum computers for commercial purposes and they also plan to deploy quantum computing solutions through cloud platforms. The global enterprise quantum computing market was valued at $650 million in 2017 and is projected to reach $5,853 million by 2025, growing at a CAGR of 31.7% from 2018 to 2025.
Leading Players in the Enterprise Quantum Computing Market:
Alibaba Group, D-Wave Systems Inc., Google, Huawei Technologies Co., Ltd., International Business Management Corporation (IBM), ID Quantique, Intel Corporation, Microsoft, Rigetti & Co, Inc., and Toshiba Research Europe Ltd.
The major manufacturers covered in this report:
Researchers conducting the research also carry out a comprehensive analysis of the recent amendments in the government regulation and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
The report profiles the key players in the industry along with a detailed analysis of their individual positions against the global landscape. The researcher provides an extensive analysis of the Enterprise Quantum Computing market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Scope of the report:
This research evaluates micro-markets and takes a closer look at the different growth trends, future prospects and regulations that will regulate the industry in the coming years. Researchers have also included a few top performers in the sector to calculate their industry shares and core competencies. The research explains technological developments in the sector along with upcoming areas of the industry that might potentially attract massive investments.
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Scope of the study:
- The report conducts a detailed analysis of the evolving market dynamics
- It gives a holistic view of various drivers and restraints operating in the market
- It categorizes the prominent product segments and their future growth scenario
- The market insights derived after a thorough investigation of the industrial segments and subsegments enable readers make informed decisions.
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