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Quantum Computing Market | Industry Analysis and Market Forecast to 2024

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Quantum Computing Market Research Report, identifies new revenue opportunity in Quantum Computing industry. The report aims at estimating the market size and future growth of the Quantum Computing Market based on offering, process, application, vertical, and region. – PowerPoint PPT presentation

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Title: Quantum Computing Market | Industry Analysis and Market Forecast to 2024


1
MarketsandMarkets Presents
Quantum Computing Market by Offering (Systems and
Consulting Solutions), End-User Industry, and
Geography QCaaS Market by Application
(Optimization, Machine Learning, and Material
Simulation) and Geography - Global Forecast to
2024  The overall quantum computing market is
expected to grow from USD 93 million by 2019 to
USD 283 million by 2024 at a CAGR of 24.9.
2
MarketsandMarkets Presents
Material simulation application to register
highest CAGR in quantum computing market for
consulting solutions during forecast
period Quantum computing is used for material
simulation in various industries, such as
healthcare, automotive, entertainment, banking
and finance, and defense. Companies such as
D-Wave Systems Inc. (Canada), 1QB Information
Technologies Inc. (Canada), and QxBranch, LLC
(US) are working toward providing a platform to
enhance the availability, usability, and
accessibility of quantum computers in the
material simulation applications. QxBranch LLC
(US) has launched quantum computing simulator for
the Commonwealth Bank of Australia such
developments are expected to drive the growth of
the quantum computing market for the simulation
application. Moreover, Atos SE (France) launched
the highest-performing quantum simulator named
Atos Quantum Learning Machine (Atos QLM).
3
MarketsandMarkets Presents
Optimization application held the largest size of
quantum computing market for consulting solutions
in 2018 Quantum computing is one of the most
accurate solutions facilitating quicker
optimization of complex problems. Protein Folding
is one such immensely complex optimization
problem. With the help of quantum computers, the
researchers succeeded to find the ground-state
conformation of 6-amino acid lattice protein
models. These models provide useful insights into
the energy landscapes of real proteins.
4
MarketsandMarkets Presents
The use of quantum computers could help key
industries such as automotive, defense,
logistics, finance, and energy solve these
problems easily. For instance, Volkswagen AG
(Germany) is working on a project for traffic
flow optimization. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id144888301 Furthermore, companies such as
D-Wave Systems Inc. (US), Cambridge Quantum
Computing Limited (UK), QC Ware, Corp. (US), and
1QB Information Technologies Inc. (Canada) are
working on the development of quantum computing
systems for the optimization application.
5
MarketsandMarkets Presents
The use of quantum computers could help key
industries such as automotive, defense,
logistics, finance, and energy solve these
problems easily. For instance, Volkswagen AG
(Germany) is working on a project for traffic
flow optimization. Furthermore, companies such as
D-Wave Systems Inc. (US), Cambridge Quantum
Computing Limited (UK), QC Ware, Corp. (US), and
1QB Information Technologies Inc. (Canada) are
working on the development of quantum computing
systems for the optimization application.
6
MarketsandMarkets Presents
The major players operating in the quantum
computing market include D-Wave Systems Inc.
(Canada), QX Branch (US), International Business
Machines Corporation (US), Cambridge Quantum
Computing Limited (UK), 1QB Information
Technologies (Canada), QC Ware, Corp. (US),
StationQ - Microsoft (US), Rigetti Computing
(US), Google Inc. (US), River Lane Research (US).
7
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
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8
MarketsandMarkets Presents
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