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GlobalQuantum SoftwareMarket Report is an objective and in-depth study of the current state aimed at the major drivers, market strategies, and key players growth. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well as a diagrammatic representation of worldwideQuantum SoftwareMarket with its specific geographical regions.

[Due to the pandemic, we have included a special section on the Impact of COVID 19 on the @ Market which would mention How the Covid-19 is Affecting the Global Quantum Software Market

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Global Quantum Software(Thousands Units) and Revenue (Million USD) Market Split by Product Type such as System Software, Application Software,

The research study is segmented by Application such as Laboratory, Industrial Use, Public Services & Others with historical and projected market share and compounded annual growth rate.GlobalQuantum Softwareby Region (2019-2028)

Geographically,this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate ofQuantum Softwarein these regions, from 2013to 2029(forecast), covering

Additionally, the export and import policies that can make an immediate impact on theGlobal Quantum Software Market. This study contains a EXIM* related chapter on theQuantum Softwaremarket and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The report on theGlobal Quantum Software Marketan important document for every market enthusiast, policymaker, investor, and player.

Key questions answered in this report Data Survey Report 2029

What will the market size be in 2029and what will the growth rate be?What are the key market trends?What is driving Global Quantum Software Market?What are the challenges to market growth?Who are the key vendors inspace?What are the key market trends impacting the growth of theGlobal Quantum Software Market?What are the key outcomes of the five forces analysis of theGlobal Quantum Software Market?

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There are 15 Chapters to display theGlobal Quantum Software Market.

Chapter 1, to describe Definition, Specifications and Classification ofQuantum Software, Applications ofQuantum Software, Market Segment by Regions;

Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;

Chapter 3, to display the Technical Data and Manufacturing Plants Analysis ofQuantum Software, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;

Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);

Chapter 5 and 6, to show the Regional Market Analysis that includes North America, Europe, Asia-Pacific etc.,Quantum SoftwareSegment Market Analysis by System Software, Application Software,;

Chapter 7 and 8, to analyze theQuantum SoftwareSegment Market Analysis (by Application) Major Manufacturers Analysis ofQuantum Software;

Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type System Software, Application Software,, Market Trend by Application Big Data Analysis, Biochemical Manufacturing, Machine Learning,;

Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;

Chapter 11, to analyze the Consumers Analysis ofQuantum Software;

Chapter 12, to describeQuantum SoftwareResearch Findings and Conclusion, Appendix, methodology and data source;

Chapter 13, 14 and 15, to describeQuantum Softwaresales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Quantum Software Market to Eyewitness Massive Growth by 2028: Origin Quantum Computing Technology, D Wave, IBM - The Daily Chronicle

Fort Collins, Colorado The Quantum Computing Market is growing at a rapid pace and contributes significantly to the global economy in terms of turnover, growth rate, sales, market share and size. The Quantum Computing Market Report is a comprehensive research paper that provides readers with valuable information to understand the basics of the Quantum Computing Report. The report describes business strategies, market needs, dominant market players and a futuristic view of the market.

The report has been updated to reflect the most recent economic scenario and market size regarding the ongoing COVID-19 pandemic. The report looks at the growth outlook as well as current and futuristic earnings expectations in a post-COVID scenario. The report also covers changing market trends and dynamics as a result of the pandemic and provides an accurate analysis of the impact of the crisis on the market as a whole.

Global Quantum Computing Market was valued at 193.68 million in 2019 and is projected to reach USD1379.67 million by 2027, growing at a CAGR of 30.02% from 2020 to 2027.

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Industry Quantum Computing Study provides an in-depth analysis of key market drivers, opportunities, challenges and their impact on market performance. The report also highlights technological advancements and product developments that drive market needs.

The report contains a detailed analysis of the major players in the market, as well as their business overview, expansion plans and strategies. Key players explored in the report include:

The report provides comprehensive analysis in an organized manner in the form of tables, graphs, charts, pictures and diagrams. Organized data paves the way for research and exploration of current and future market outlooks.

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The report provides comprehensive data on the Quantum Computing market and its trends to help the reader formulate solutions to accelerate business growth. The report provides a comprehensive overview of the economic scenario of the market, as well as its benefits and limitations.

The Quantum Computing Market Report includes production chain analysis and value chain analysis to provide a comprehensive picture of the Quantum Computing market. The research consists of market analysis and detailed analysis of application segments, product types, market size, growth rates, and current and emerging industry trends.

Quantum Computing Market, By Offering

Consulting solutions Systems

Quantum Computing Market, By Application

Machine Learning Optimization Material Simulation

Quantum Computing Market, By End-User

Automotive Healthcare Space and Defense Banking and Finance Others

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The market is geographically spread across several key geographic regions and the report includes regional analysis as well as production, consumption, revenue and market share in these regions for the 2020-2027 forecast period. Regions include North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

Radical Coverage of the Quantum Computing Market:

Key Questions Addressed in the Report:

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Excerpt from:
Quantum Computing Market Potential Growth, Size, Share, Demand and Analysis of Key Players Research Forecasts to 2027 - The Daily Chronicle

(Image by Gerd Altmann from Pixabay )

Moore's Law may not be sufficient when it comes to processing power. Some believe that computers are not getting faster fast enough for the emerging tasks that are expected of them, whether it's crunching vast data sets or looking for probabilistic connections within much smaller ones.

In areas such as drug discovery, particle physics, genomics, and materials research, quantum computing is increasingly proposed as a better model for the IT industry, alongside related quantum technologies such as timing, imaging, sensing, communications, and security. Yet all these are hard tech, which demands patient capital: long-term, speculative investment coupled with an appetite for risk and uncertain reward.

There are three key challenges facing all quantum innovators:

Canada isn't the first country that springs to mind as a potential leader in this space alongside the likes of the US, China, and the UK, but Toronto-based 2016 startup Xanadu aims to change that. It has launched what it claims is the world's first photonics-based quantum computing platform available commercially in the cloud.

According to an announcement from the company, the Xanadu Quantum Cloud currently gives developers access to eight- and 12-qubit processors, and soon a 24-qubit machine. As a photon- (light) based system for quantum calculations - as opposed to superconductor or ion-trap systems - these processors can operate at room temperature and could potentially integrate more easily with fibre-optic based telecommunications.

To date, Xanadu has raised $45 million from investors, alongside grants from the Defense Advanced Research Projects Agency (DARPA). Developers can already access its open-source tools Strawberry Fields and Penny Lane on GitHub, revealing a Beatles fan in its leader. That may suggest global ambitions.

So does the company plan to become a huge private fiefdom, like the Xanadu in Citizen Kane? Has a new computing Kublai Khan emerged to found a quantum dynasty? I spoke to founder and CEO Christian Weedbrook to find out.

First, is Xanadu a true quantum system, or merely using quantum elements to speed up processing within classical systems? He says:

It's the world's first photonics-based quantum computing cloud platform and we are truly excited about it. Every other cloud platform essentially uses electronics. Instead of photonics they use electrons - matter - and they have a very different approach to scaling up to a fully functioning, fault-tolerant quantum computer.

We decided to take a unique, alternative approach using light. One of the biggest advantages is the extremely low amounts of power that are needed to run these devices. We're leveraging the weird properties of quantum physics to do things that traditional computers, classical computers, would never be able to do. Or they could do it but it would take them hundreds of years.

A familiar message in terms of the time-saving element. But when it comes to commercialising it, is quantum computing a solution in search of a problem, or has Xanadu identified specific opportunities? Weedbrook says:

The world can always use more computing power. One way to think about the quantum computing landscape at the moment is you can break it up into two lines. The first is what we can do in the next three to five years with qubits that are noisy and don't have that fault tolerance or error correction. And the second is what can we do after that with a fully functioning, fault-tolerant quantum computer. But that's a very difficult machine to build.

In the near term, what differentiates Xanadu using a photonics-based approach is the things that we can do now, which have business applications - network planning, logistics, things of that nature.

Our plan is to get early adopters that we can build an ecosystem around: government labs in the US and here in Canada, financial institutions, large corporations - pharma and materials design are classic examples - and logistics. All these industries have problems that get more and more difficult, that don't scale well, so you need a quantum computer to help solve them. We have paying customers already on the platform.

What's remarkable in the last couple of years is that large corporations and banks such as Goldman Sachs have been forming small quantum computing teams, because they don't want to get left behind. But it's a unique skill set that only a few people in the world currently understand.

Indeed, some have suggested that is a concern. When technology becomes too abstract for most people to comprehend, then transparency and auditing are difficult. Who could explain or justify decisions made by quantum neural nets, for example?

That's a valid criticism. We have to be careful, particularly with a technology that may be the missing link to a singularity event. I don't think ethics and quantum computing should just be presented to you. It's something that the whole community should be converging on thinking about. But building a quantum computer that's fault tolerant - the end game - is extremely hard. It's not going to be built tomorrow, which gives us some time.

Does he see quantum computing as a distinct alternative to the classical world, an evolution of it, or simply a component for solving specific problems?

First, it's a safe bet that it will complement traditional computing whatever happens, in the same way that GPUs complement CPUs, or special-purpose chips complement other types. A computer will naturally access the CPU or the quantum processor when each is needed.

This is a personal view, but more and more I'm leaning towards quantum computing replacing old' computing. One reason is that, if you look at our photon-based approach, roughly speaking you can press a button and make this computer classical by making qubits act like normal bits of information. If quantum computing can infiltrate all computers, then you can just simulate a traditional computer, which means there is an opportunity to really take over all of the computing industry - up to a point.

The company's global ambitions seem evident. But until then, physics and history combine to pose some tricky problems. For example, putting a quantum computer in the cloud could put a brake on its power, given the slow speeds, latency, and poor reliability of some broadband infrastructures.

Yes, with quantum cloud quantum providers you do see that slowdown in retrieving the asset. I would say that there are some solutions to that, such as a hybrid system where you actually have a quantum chip on premise alongside AWS or Azure, for example.

But the ultimate goal is to have a quantum computer that can solve problems that a classical computer could never do, or would take thousands of years to solve. So slowing something down by an hour versus a thousand years is irrelevant. As you're scaling up and getting more powerful quantum computers through fault tolerance and error correction, any slowdown is going to be negligible compared to the size of the problem solving.

Are real applications emerging yet for such systems?

A lot of applications have been inspired by what's been done classically, and the thinking has been how do we make them quantum. But I think the true revolution will be in thinking about it from the quantum side of things. There's an analogy here with the PC revolution: people didn't really know what applications would be useful, there was no idea about the internet. I think there'll be something similar for quantum: we really don't know the full extent of what a quantum computer can do.

With a team that now numbers 58 - many of whom have PhDs - what drives Weedbrook and his colleagues: the academic research glory of pushing back the boundaries of human knowledge? Or something more commercially focused - given those Beatles allusions and the name itself, Xanadu? Both speak of lofty ambition...

I think often you see with startups, it's a clich to really want to solve huge, world-changing problems. Our mission statement has a hint of that, but to be honest it's too much of a clich now to really believe it. So, our mission statement is to make quantum computers, make them useful, and available to people everywhere.

It's how do you start in helping customers solve problems - like in drug discovery. How do you find the best candidates significantly faster in order to synthesise them? That problem's not going to change. So how best to solve it?

This may be correlated with the fact that we're working on subatomic particles, but it's in very small systems that you make real change in the world. The common examples are helping with global warming, curing cancer by identifying drugs, these are really important problems for humanity.

But taking a different approach, how do you stay excited on an individual, personal level each day? That gives you the best chance of solving truly important problems.

According to the 80s song, Xanadu is the place where "a million lights are dancing". That's photons for you. And it turns out it's not in China, but Toronto.

Read this article:
Quantum computing in the cloud - Xanadu discovered in Toronto - Diginomica

Editors note: Stephanie Long is Senior Analyst with Technology Business Research.

HAMPTON, N.H. Like IBM did with its Selectric typewriters in the 1960s, the company is successfully weaving its quantum computing thread through myriad aspects of the greater quantum ecosystem, underpinned by strategic sponsorships and the inclusion of partners in the IBM Quantum Experience.

Amazon Web Services (AWS) is pushing back on this approach by offering a vendor-agnostic view of quantum cloud computing.

Academia has also thrown its hat into the ring with ongoing innovation and advancements in quantum computing.

The competitive landscape of quantum computing has begun to take on the look and feel of the early classical computing world; however, the modern industry has addressed the mistakes made with classical computing, and therefore progress can be more formulaic and swift.

August 2020 developments are starting to tie pieces of investments together to show a glimpse of when the post-quantum world may come, and as advancements continue the future state appears closer on the horizon than previously thought.

Duke joins $115M program to focus on development of quantum computing

If you would like more detailed information around the quantum computing market, please inquire about TBRsQuantum Computing Market Landscape,a semiannual deep dive into the quantum computing market. Our most recent version, which focused on services, was released in June. Look for our next iteration in December, focused on middleware.

(C) TBR

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What's the state of quantum computing? Led by IBM & Amazon it's developing rapidly - WRAL Tech Wire

The emergence of quantum computing has led industry heavyweights to fast track their research and innovations. This week, Google conducted the largest chemical simulation on a quantum computer to date. The U.S. Department of Energy, on the other hand, launched five new Quantum Information Science (QIS) Research Centers. Will this accelerate quantum computings progress?

Quantum technology is the next big wave in the tech landscape. As opposed to traditional computers where all the information emails, tweets, YouTube videos, and Facebook photos are streams of electrical pulses in binary digits, 1s and 0s; quantum computers rely on quantum bits or qubits to store information. Qubits are subatomic particles, such as electrons or photons which change their state regularly. Therefore, they can be 1s and 0s at the same time. This enables quantum computers to run multiple complex computational tasks simultaneously and faster when compared to digital computers, mainframes, and servers.

Introduced in the 1980s, quantum computing can unlock the complexities across different industries much faster than traditional computers. A quantum computer can decipher complex encryption systems that can easily impact digital banking, cryptocurrencies, and e-commerce sectors, which heavily depend on encrypted data. Quantum computers can expedite the discovery of new medicines, aid in climate change, power AI, transform logistics, and design new materials. In the U.S., technology giants, including IBM, Google, Honeywell, Microsoft, Intel, IonQ, and Rigetti Computing, are leading the race to build quantum computers and gain a foothold in the quantum computing space. Whereas Alibaba, Baidu, Huawei are leading companies in China.

For a long time, the U.S. and its allies, such as Japan and Germany, had been working hard to compete with China to dominate the quantum technology space. In 2018, the U.S. government released the National Strategy Overview for Quantum Information Science to reduce technical skills gaps and accelerate quantum computing research and development.

In 2019, Google claimed quantum supremacy for supercomputers when the companys Sycamore processor performed specific tasks in 200 seconds, which would have taken a supercomputer 10,000 years to complete. In the same year, Intel rolled out Horse Ridge, a cryogenic quantum control chip, to reduce the quantum computing complexities and accelerate quantum practicality.

Tech news: Is Data Portability the Answer To Anti-Competitive Practices?

Whats 2020 Looking Like For Quantum Computing?

In June 2020, Honeywell announced the development of the worlds highest-performing quantum computer. In July 2020, IBM announced a research partnership with the Japanese business and academia to advance quantum computing innovations. This alliance will deepen ties between the countries and build an ecosystem to improve quantum skills and advance research and development.

AWS, Microsoft, and several other IaaS providers have announced quantum cloud services, an initiative to advance quantum computing adoption. In August 2020, AWS announced the general availability of its Amazon Braket, a quantum cloud service that allows developers to design, develop, test, and run quantum algorithms.

Since last year, auto manufacturers, such as Daimler and Volkswagen have been leveraging quantum computers to identify new methods to improve electric vehicle battery performance. Pharmaceutical companies are also using the technology to develop new medicines and drugs.

Last week, the Google AI Quantum team used their quantum processor, Sycamore, to simulate changes in the configuration of a chemical molecule, diazene. During the process, the computer was able to describe the changes in the positions of hydrogen accurately. The computer also gave an accurate description of the binding energy of hydrogen in bigger chains.

If quantum computers develop the ability to predict chemical processes, it would advance the development of a wide range of new materials with unknown properties. Current quantum computers, unfortunately, lack the augmented scaling required for such a task. Although todays computers are not ready to take on such a challenge yet, computer scientists hope to accomplish this in the near future as tech giants like Google invest in quantum computing-related research.

Tech news: Will Googles Nearby Share Have Anything Transformative to Offer?

It, therefore, came as a relief to many computer scientists when the U.S. Department of Energy announced an investment of $625 million over the next five years for five newly formed Quantum Information Science (QIS) Research Centers in the U.S. The newly formed hubs are an amalgam of research universities, national labs, and tech titans in quantum computing. Each of the research hubs is led by the Energy Departments Argonne National Laboratory, Oak Ridge National Laboratory, Brookhaven National Laboratory, Fermi National Laboratory, and Lawrence Berkeley National Laboratory; powered by Microsoft, IBM, Intel, Riggeti, and ColdQuanta. This partnership aims to advance quantum computing commercialization.

Chetan Nayak, general manager of Quantum Hardware at Microsoft, says, While quantum computing will someday have a profound impact, todays quantum computing systems are still nascent technologies. To scale these systems, we must overcome a number of scientific challenges. Microsoft has been tackling these challenges head-on through our work towards developing topological qubits, classical information processing devices for quantum control, new quantum algorithms, and simulations.

At the start of this year, Daniel Newman, principal analyst and founding partner at Futurum Research, predicted that 2020 will be a big year for investors and Silicon Valley to invest in quantum computing companies. He said, It will be incredibly impactful over the next decade, and 2020 should be a big year for advancement and investment.

Quantum computing is still in the development phase, and the lack of suppliers and skilled researchers might be one of the influential factors in its establishment. However, if tech giants, and researchers continue to collaborate on a large scale, quantum technology can turbocharge innovation at a large scale.

What are your thoughts on the progress of quantum computing? Comment below or let us know on LinkedIn, Twitter, or Facebook. Wed love to hear from you!

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The Quantum Dream: Are We There Yet? - Toolbox