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Quantum Computing Market is Expected to Reach $2.2 Billion by 2026

Inter 2025 by Inter 2025
November 17, 2020
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Quantum Computing: A Seven-year Market Forecast

Quantum Computing: A Seven-year Market Forecast

Complete Quantum Pc Income ($ Hundreds of thousands)

NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) — The quantum computing market will attain $2.2 Billion by 2026 in line with IQT Analysis’s new report, Quantum Computing: A Seven-year Market Forecast. The report profiles the methods of the main quantum computing distributors and builds an in depth market forecast primarily based on the businesses’ plans for the long run. The corporations profiled embody D-Wave, Google, Honeywell, IBM, Intel, IonQ, Microsoft, NEC, Rigetti, Alibaba, Hitachi, PsiQuantum and QuTech. Along with forecasting quantum computing hardware, the report additionally initiatives cloud entry to quantum computer systems and third-party software program. Extra particulars of this report will be discovered at: 

Quantum Computing: A Seven-year Market Forecast

At this URL these may also request an excerpt. This excerpt contains all the forecast reveals within the IQT examine (with out the precise numbers) in an Excel spreadsheet, in order that potential purchasers can perceive the depth of the forecast. The pattern additionally contains an instance of the analyst report that accompanies the forecast.

Concerning the Report
The report forecasts the next sorts of computer systems: superconducting, topological, trapped ion, photonic and annealing. Finish-user markets lined by the report embody authorities and army, R&D, monetary, transport and automotive, prescription drugs and chemical, and manufacturing.

The report consists of two elements. The primary half is a written evaluation of the present state and future evolution of quantum computing. Along with the profiles talked about above, this a part of Analysis’s report additionally discusses the elements which can be holding again the expansion of the quantum computing chapters. It additionally gives profiles of roughly 30 organizations that are presently working with quantum computer systems within the monetary providers trade, aerospace and protection, supplies and pharmaceutical design, enterprise planning, and healthcare.

The second a part of Quantum Computing: A Seven-year Market Forecast is within the type of a spreadsheet with forecasts of manufacturing (worth and quantity) and set up base; cloud entry revenues (damaged out by sort of pc know-how and finish person trade); third-party software program (damaged out by sort of pc and finish person trade), together with a breakout of quantum computing revenues by nation/area.

A few of our Findings

  • The variety of put in quantum computer systems will attain round 180 in 2026, with about 45 machines produced in that 12 months. These embody each machines put in on the quantum pc firms themselves which can be accessed by quantum providers in addition to buyer premises machines.
  • Cloud entry revenues will possible dominate as a income supply for quantum computing firms, accounting for 75 % of all quantum computing revenues in 2026. Though in the long term quantum computer systems could also be extra extensively bought, right now potential finish customers are extra inclined to do quantum computing over the cloud slightly than make technologically dangerous and costly investments in quantum computing gear.
  • Basically, no monetary group that’s utilizing quantum computing presently is but making quantum computing a part of its day-to-day operations. Some appear to be very shut to creating this occur and are hiring employees at a stage that makes one assume they’re on the verge. By 2026, IQT Analysis expects revenues from cloud entry to succeed in round $410 million, making monetary establishments the biggest single end-user phase of the quantum entry cloud market.

About Inside Quantum Expertise

Inside Quantum know-how is the primary trade analyst agency to be fully devoted to assembly the strategic data and evaluation wants of the rising quantum know-how sector. Along with publishing stories on important enterprise alternatives within the quantum know-how sector, Inside Quantum Expertise runs a preferred day by day newsfeed (Quantum Expertise Information) on business-related happenings in quantum know-how. This free newsfeed will be subscribed to at https://www.insidequantumtechnology.com/quantum-news/. You may also comply with us on Twitter and on Linked-In.

Contact:
Lawrence Gasman
Phone: 434 825 1311
lawrence@insidequantumtechnology.com 

A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/price46d27-bfd2-4459-a3a9-b602fcf93a80

Quantum Computing Market is Expected to Reach $2.2 Billion by 2026

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