DUBLIN, Aug 16, 2022 (GLOBE NEWSWIRE) — The Global Market for Quantum Technologies – Forecasts to 2030 report added of ResearchAndMarkets.com Recruitment.
The global market for quantum technologies is expected to grow at a high double-digit CAGR from 2021 to 2030, reaching $3,518.3 million by 2030.
Factors such as increasing government and private venture funding for quantum technologies, increasing R&D spending by major technology companies to develop quantum technologies, and strategic collaborations, partnerships, and mergers in quantum technologies are shaping the quantum technology world. leading the market.
On the other hand, the emergence of mobile and convenient quantum processors and the development of advanced quantum technologies offer immense growth opportunities for the market. Lack of skilled professionals, high cost and complexity associated with quantum technology development, and cryptographic risks associated with quantum communications hinder the market growth.
The quantum technology market is segmented on the basis of technology, product, end-user and geography. Based on technology, the market is segmented into quantum computing, quantum sensing, and quantum communication. Among these, the quantum sensing segment will generate the highest revenue in 2021 and from 2021 he is expected to grow at a CAGR of his early teenage years to 2030.
Quantum computing is expected to grow at a high double-digit CAGR from 2021 to 2030. Based on sensor type, the global quantum sensing market is further segmented into atomic clocks, magnetic sensors, PAR sensors, and others. Among sensors, the atomic clock segment accounted for the highest revenue in 2021 and is expected to grow at a CAGR of his early teens from 2021 to 2030.
Magnetic sensors are expected to grow at a mid-teens CAGR from 2021 to 2030. Quantum computing is further segmented based on application and deployment. Based on application, the global market for quantum computing is segmented into machine learning, optimization, and simulation. Among these, the optimization segment accounted for the highest revenue in 2021 and is expected to grow at his CAGR of high double digits from 2021 to 2030.
The simulation segment is expected to grow at a high double-digit CAGR from 2021 to 2030. Based on deployment, the global quantum computing market is sub-segmented into on-premises and cloud-based. Among these, cloud-based deployments accounted for his highest revenue in 2021 and from 2021 to 2030 he is expected to grow at his CAGR in the high double digits.
Based on product, the global market for quantum technology is segmented into hardware, software, and services. Among these, the hardware segment accounted for his highest revenue in 2021 and from 2021 he is expected to grow at a CAGR of his mid-teens to 2030. The services segment is expected to grow at a high double-digit CAGR from 2021 to 2030.
Based on end-user, the global market for quantum technology is segmented into healthcare, banking, financial services and insurance (BFSI), energy, oil and gas, chemical and materials science, logistics and distribution, aerospace, defense, etc. . Among these, the aerospace segment will have the highest revenue in 2021 and is expected to grow at his CAGR in the high double digits from 2021 to 2030. The healthcare segment is expected to grow at a high double-digit CAGR from 2021 to 2030.
North America will account for the largest revenue in 2021 and is expected to grow at a high double-digit CAGR from 2021 to 2030. Factors such as increased R&D spending, industrial growth, establishment of quantum research centers, government formulation of national strategy, presence of major technology companies, increased collaboration between quantum technology companies and industry, and quantum computing start-ups is driving the quantum technology market in the region.
Europe is expected to grow at a high double-digit CAGR from 2021 to 2030. Factors include industry growth, the launch of quantum research programs with government investment, and the development of various consortia in collaboration with large industrial partners and SMEs. (SMEs), start-ups, and research institutes embedding quantum computers into usable industrial applications; increasing private venture funding; launching new research programmers; increasing collaboration between quantum technology companies and industry; In collaboration with , inter-quantum fusion technology companies are exploring different application areas and growing start-up activity is driving the quantum technology market in the region.
The global market for quantum technology is highly competitive, and all players in this market are involved in strategic quantum technology collaborations, partnerships, mergers, and new product launches to expand their product portfolios and maintain market share. doing.
Factors influencing the market
drivers and opportunities
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Increased government funding and private investment
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Increased investment in research and development (R&D)
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Strategic collaborations, mergers and technology partnerships in quantum technology
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Emergence of mobile and convenient quantum processors that do not require advanced environments and development of advanced quantum technology
restraint and intimidation
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Shortage of skilled personnel
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High costs and complexities associated with developing quantum technologies
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Cryptographic risks associated with quantum computing
Porter’s Five Forces Analysis
Patent analysis
Fund analysis
Transaction analysis
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Deal Analysis (Industry, Universities, Governments, Quantum Technology Companies)
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Deal analysis (within a quantum technology company)
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Quantum technology (mergers and acquisitions)
Quantum Technologies (new product announcement)
quantum technology partnership
Matrix of Quantum Technology Companies
Market share analysis based on key players
Major players in the global market for quantum technologies include
companies mentioned
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Q bit
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quantum of stars
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Egi Q
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Agnostic Inc.
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algorithm
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alibaba quantum computing
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Alice & Bob
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Alilo Quantum
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Alphabet Inc. (Google)
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alpine quantum technology
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Amazon
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Apogee Instrument Inc.
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archer material limited
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archit limited
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atom computing
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atomionics
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Athos SE
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aurea technology
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Baidu
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breximo
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Boltz.AI
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Boson QPsi
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Boxcat Co., Ltd.
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Bristol Quantum
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C12 Quantum Electronics
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classic
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Cogniframe Co., Ltd.
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Cold Quanta
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Crypto Quantique
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D-Wave Systems Co., Ltd.
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Erok
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electron
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Elijah
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tangled network
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Entropica Lab
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equal to 1
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Fujitsu Limited
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Hitachi, Ltd.
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Honeywell International Inc (Quantinuum)
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horizon quantum computing
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HQS quantum simulation
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HRL Institute
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Huawei Technologies Co., Ltd.
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ID Quantique
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Infineon
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Infinity
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Intel Corporation
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International Business Machines Corporation (IBM)
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Ion Q
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IQM Finland Oy
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KEEQuant
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KETS Quantum Security
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Keysight Technologies, Inc.
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Ki3 photonics and quantum bridge technology
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M-square laser
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Magic Technologies Inc.
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Microchip Technology, Inc.
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microsoft
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M-Squared Lasers Limited
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multiverse computing
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Next Gen Q
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Nokia Bell Labs
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Nord Cantique
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new quantum
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ORCA Computing Co., Ltd.
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origin quantum
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oxford ionics
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Parity QC
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Pascal
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phase craft
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PQ shield
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Cyquantum
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QC ware
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Q-CTRL
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quick quantum
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Kilimanjaro quantum technology
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Qnami AG
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QNu Lab
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kfox
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QpiAI
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Quandera
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Quantica Computacao
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cantorol ox
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quantum glow
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Quantum Circuits Inc. (QCI)
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Quantum Computing Co., Ltd.
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quantum dice
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Quantum Generative Materials LLC
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quantum machine
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Quantum Motion Technologies Inc.
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quantum exchange
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quantum south
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quantware
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Cubitec
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QuEra Computing
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Quintessence Labs
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QuiX Quantum
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Kunasis Co., Ltd.
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Righetti Computing
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river lane
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Saxon Q
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SeeQCMore
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SEEQC UK etc.
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Silico Feller
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Sparrow Quantum
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Spectrum Technologies Inc.
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spectrum
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Spin Q Technology Co., Ltd.
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Terra Quantum
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Think Quantum
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Toshiba Corporation
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universal quantum
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Xanadu Quantum Technologies Inc.
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Xeed Q
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Zapata Computing Co., Ltd.
For more information on this report, please visit https://www.researchandmarkets.com/r/2xxfom.
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