Global Quantum Computing Market

Market Dynamics:
1. Market Drivers
1.1 Increasing use of quantum cryptography to secure mobile transactions
1.2 Increasing incidences of cybercrime
1.3 Increasing adoption of quantum computing in the defense and automotive industry
1.4 High investments by government in the market
1.5 Rise in adoption of quantum computing in drug discovery
2. Market Restraints
2.1 Lack of technical expertise
2.2 Availability of alternative technology
2.3 Poor acceptance for new technology

Market Segmentation:
The Global Quantum Computing Market is segmented on the application, component, vertical, and region.

1. Application:
1.1 Optimization
1.2 Sampling
1.3 Simulation

2. By Component:
2.1 Software
2.2 Hardware
2.3 Services

3. By Vertical:
3.1 Banking & finance
3.2 Energy & power
3.3 Defense
3.4 Healthcare & pharmaceuticals
3.5 Chemicals

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. QC Ware Corp.
2. D-Wave Systems Inc.
3. Cambridge Quantum Computing Ltd
4. IBM Corporation
5. Magiq Technologies Inc.
6. Qxbranch, LLC
7. Research at Google – Google Inc.
8. Rigetti Computing
9. Station Q - Microsoft Corporation
10. 1qb Information Technologies Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Quantum Computing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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