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Quantum Computing Market Share

Report ID: GMI5143
Published Date: Apr 2023
Report Format: PDF

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Quantum Computing Market Share

Major players involved in the quantum computing market are:

Accenture
Cambridge Quantum Computing
AWS
Fujitsu
Google
Huawei
1QBIT
IBM
Microsoft
Rigetti Computing
Riverlane
D-Wave Systems
Zapata Computing
Honeywell
QC Ware.

Companies are collaborating with other industry players and are also launching new products to remain competitive in the market.

For instance, in April 2023, Quantum Computing Inc., a full-stack photonic-based quantum computing and solutions company, announced that it had added patented Quantum Random Number Generator (QRNG) technology to its line of commercially accessible products. It is possible to create unique number sequences using this technology. This line of quantum products generates random numbers with varying probability densities and correlation features for a broad range of applications in security, modeling, and finance.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of quantum computing reached USD 974.1 million in 2022 and is set to witness over 10% CAGR from 2023 to 2032.

The on-premises segment is expected to cross USD 1 billion by 2032, supported by the reduced requirement for remote access caused by centralized management.

North America market size to reach USD 5 billion by 2032, due to its early embrace of cutting-edge technologies.

Accenture, Cambridge Quantum Computing, AWS, Fujitsu, Google, Huawei, 1QBIT, IBM, Microsoft, Rigetti Computing, Riverlane, D-Wave Systems, Honeywell, and QC Ware are some of the leading players in the market.