2020 New Trends of Quantum Computing for Enterprise Market Report : Industry Size, Share, Segmentation

Global Quantum Computing for Enterprise Market Research Report and Forecast to 2027 is an in-depth study of the global Quantum Computing for Enterprise Market, including market size, market share, current and emerging trends, and the most recent technological developments. The report also provides insight into the global and regional competitive landscape of the Quantum Computing for Enterprise Market, as well as a detailed forecast to 2027. The impact of the COVID-19 pandemic on the Quantum Computing for Enterprise Market has been updated in the new report. It examines the pandemic's impact on the economic landscape and government regulations in each region. It also investigates the supply chain disruptions and economic volatility caused by the pandemic and provides a current and prospective outlook.

According to the most recent report by Emergen Research, the global market for enterprise quantum computing is anticipated to reach a market size of USD 3,907.4 Million by 2027 and exhibit a steady revenue growth rate. Due to rising global demand for quantum computing simulation for drug development and to identify new chemical compounds, the global market for enterprise-level quantum computing is anticipated to have significant revenue growth over the forecast period. Another significant aspect that is anticipated to significantly contribute to the growth of the worldwide quantum computing for enterprise market during the projected period is the growing requirement to speed the learning process of artificial intelligence (AI). Future market growth is anticipated to be supported by increasing quantum computing application in the automotive sector.

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Competitive Terrain:

The global Quantum Computing for Enterprise industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

Google LLC, Baidu, Inc., Rigetti Co, Inc., International Business Machines Corporation, Microsoft Corporation, Intel Corporation, Alibaba Group Holding Limited, Accenture plc, ATT Inc., Atos SE

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Key Highlights of Report

Hardware segment is expected to lead in terms of revenue expansion at a CAGR of 47.5% during the forecast period. This high growth rate can be attributed to rising usage of qubits in quantum computing to program and manage qubits; an optimized hardware approach with significant standard hardware is necessary.
The cloud-based quantum computing segment is projected to account for largest market share over the forecast period due to growing use of cloud-based quantum computing for new drug discovery, risk management, supply chain optimization, and financial trading.
In terms of revenue contribution to the global quantum computing enterprise industry market, the simulation segment is projected to lead during the forecast period as a result of increasing application of quantum computing simulation for electric battery production and for the identification of chemical compounds.
Information technology segment is projected to account for relatively higher market share during the forecast period due to growing use of post-quantum cryptography for ensuring long-term security of digital systems.
Due to increasing government spending in quantum computing research and development activities, the North American market is projected to account for the highest revenue share among other regional markets in the region over the forecast period.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Quantum Computing for Enterprise market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Quantum Computing for Enterprise market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Quantum Computing for Enterprise market.

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Market Overview:

The report bifurcates the Quantum Computing for Enterprise market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Component Outlook (Revenue, USD Million; 2020–2027)

Software
Hardware

Input/Output Subsystem
Dilution Refrigerator
Quantum Processing Unit

Service

Support Maintenance
Consulting
Training
Others

Deployment Outlook (Revenue, USD Million; 2020–2027)

Cloud-based Quantum Computing
Hybrid Quantum Computing
On-premises Quantum Computing

Application Outlook (Revenue, USD Million; 2020–2027)

Simulation
Machine Learning
Optimization
Others

Regional Outlook:

North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key reasons to buy the Global Quantum Computing for Enterprise Market report:

The latest report comprehensively studies the global Quantum Computing for Enterprise market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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