Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. It includes three states, namely 1, 0 as well as the superposition of 1 and 0. Superposition indicates that two states exist at the same time. These bits are known as quantum bits or qubits. The global quantum computing market consists of the hardware that is required to develop quantum computers and its peripherals.
Technavio’s analysts forecast the global quantum computing market to grow at a CAGR of 35.12% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global quantum computing market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of quantum computers only.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Quantum Computing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • D-Wave Systems • Google • IBM • Intel • Microsoft
Other prominent vendors • 1QB Information Technologies • Anyon Systems • Cambridge Quantum Computing • ID Quantique • IonQ • QbitLogic • QC Ware • Quantum Circuits • Qubitekk • QxBranch • Rigetti Computing
Market driver • Increasing expenditure by stakeholders • For a full, detailed list, view our report
Market challenge • Quantum decoherence • For a full, detailed list, view our report
Market trend • Growth of AI and machine learning • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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