/Which are the Leading Segments in the Global Quantum Computing Market? – The Courier (via Qpute.com)
Which are the Leading Segments in the Global Quantum Computing Market? – The Courier

Which are the Leading Segments in the Global Quantum Computing Market? – The Courier (via Qpute.com)

According to a recent report by Research Dive, the global quantum computing industry is divided into four segments based on application, offerings, end user, and region. The machine learning sub-segment of the application segment, banking and finance sub-segment of the end user segment, and the consulting solutions sub-segment of the offerings segment are at a dominant position in the market.

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The sample will give the stakeholder an outline of the report. It will give an overview/framework of the aspects of the market that have been covered in the content of the actual report. The report, unlike the sample, will bear numerical data and market insights associated with a price.}

Segmental Analysis

On the basis of application, the global market is divided into the following:

  • Optimization
  • Machine Learning
  • Material Simulation

Among these, the machine learning sub-segment is expected to observe accelerated growth and hit $236.9 million by 2027.

This is mainly because quantum computing has a vital role in enhancing runtime and capacity, as well as learning efficacy.

On the basis of offerings, the global market is divided into the following:

  • Consulting solutions
  • Systems

Among these, the consulting solutions sub-segment is foreseen to experience fast-paced growth and garner $354.0 million by 2027. This is mainly because of the growing usage of consulting solutions in formulation of new chemicals, material science, discovery of novel drugs, and in several other areas including space & defense, automotive, chemicals, and energy & power.

On the basis of end user, the global market is divided into the following:

  • Space and Defence
  • Automotive
  • Healthcare
  • Banking and Finance
  • Chemicals
  • Energy & Power

Among these, the banking and finance sub-segment is foreseen to witness speedy growth and garner a revue of $159.2 million by 2027. This is mainly because of the growing applications of quantum computing in finance and banking sector for enabling high-frequency trading, portfolio analysis, and asset evaluation.

Based on region, the global market is segmented into the following:

  • Europe
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • North America
  • Asia-Pacific
    • South Korea
    • Japan
    • China
    • Australia
    • India
    • Rest of Asia-Pacific
    • South Africa
    • UAE
    • Saudi Arabia
    • Argentina
    • Brazil
    • Rest of LAMEA

Among these, the Asia Pacific region market is anticipated to observe significant growth and surpass $150.3 million by 2027. This is mainly because of the significant rise in the presence of large pool of companies using quantum computing and presence of leading players in this region

Market Overview

As per the Research Dive report, the global quantum computing industry is expected to hit $667.3 million by 2027, and grow with a CAGR of 30.0% from 2020 to 2027.

The report offers thorough information regarding the market based on drivers and restraints, investment opportunities, key segments, key players, and regions. Some of the key players of the market are River Lane Research, 1QB Information Technologies, Anyon, International Business Machines Corporation, Cambridge Quantum Computing Limited, QC Ware, Corp., D-Wave Systems Inc., StationQ – Microsoft, Rigetti Computing, Google Inc., and others. Also, the study covers a summary of key developments by the market players and COVID-19 impact analysis.

About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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