Quantum Computing Market Growth Insights 2023: Exceptional Companies Leading in Market Size and Share 2030 – openPR
Market Overview:Quantum computing is an area of computing focused on developing computer technology based on the principles of quantum theory (which explains the behavior of energy and material on the atomic and subatomic levels). Computers used today can only encode information in bits that take the value of 1 or 0-restricting their ability. Quantum computing, on the other hand, uses quantum bits or qubits. It harnesses the unique ability of subatomic particles that allows them to exist in more than one state (i.e., a 1 and a 0 at the same time).DriversFully scaled quantum technology is still a way off, but as quantum computing matures and becomes more readily available, we will see a rapid increase in the number of companies applying it to various industries. Some of the impacts is already being felt in different sectors. Many financial industry players rely on computing power to improve decision-making and better serve customers. Quantum computing is likely to drive these activities in the next few years. From a business line perspective, the most promising use cases are likely to be those that require highly complex and/or particularly fast models. For example, in valuation, the ability to quickly determine the best risk-adjusted portfolio may create a significant competitive advantage. For loan and bond portfolios, more accurate estimates of credit risk should lead to better optimization decisions. More broadly, capital allocation across a range of corporate finance activities could be improved through insight into the scale and importance of risk, while payments and transfers could be protected through better encryption. The impact of the COVID-19 pandemic shows that accurate and timely risk assessment remains a challenge for financial institutions. Even before 2020, the financial and economic crisis of the last 20 years has led to rapid changes in the way banks and other market participants assess and price risk across different asset classes. This has driven the introduction of increasingly sophisticated and real-time risk models infused by artificial intelligence (AI), but still based on classical computing. The arrival of quantum computing has the potential to be a game-changer. However, there is still some way to go before the technology can be rolled out on a large scale. Financial institutions have already started to acquire the necessary hardware and develop the quantum algorithms they need. The financial industry, including banks, could use quantum computing to increase the speed of transactions exponentially, enabling institutions to scale up processing at a lower cost than employing more IT or human resources.
Quantum Computing market reached a value of USD 785.27 million in 2022. It's expected that the market will achieve USD 6682.38 million by 2028, exhibiting a CAGR of 42.88% during the forecast period.
A thorough understanding of the Information Technology sector and its commercial potential is the aim of the market study. The Quantum Computing Market Report has 116 pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis.
Get a Sample PDF of report - https://www.precisionreports.co/enquiry/request-sample/22903697
Market Segmentation:Leading Players in the Quantum Computing Industry:Intel CorporationRigetti ComputingQC Ware CorpD-Wave Systems Inc.Atos SEGoogleQRA CorpIBM CorporationCambridge Quantum Computing Ltd.
To preserve their position, these big corporations relied on primary growth tactics such as product portfolio expansion, current trends, financing, mergers and acquisitions, partnerships, new product invention, and geographical development.
Based on Type:HardwareSoftwareServices
Based on Application:OptimizationMachine LearningSimulationOthers
Inquire or Share your Questions If any before the Purchasing this Report - https://www.precisionreports.co/enquiry/pre-order-enquiry/22903697
Key Factors Considered:COVID-19 - Amid the COVID-19 crisis, the Quantum Computing market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research. The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Quantum Computing market. To Know How Covid-19 Pandemic will Impact this Industry - https://www.precisionreports.co/enquiry/request-covid19/22903697
Regional Conflict / Russia-Ukraine War - The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities - Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Organization: Precision ReportsPhone: US: +1 424 253 0807 | UK: +44 203 239 8187Email: sales@precisionreports.coWebsite: https://www.precisionreports.co/
Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.
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Quantum Computing Market Growth Insights 2023: Exceptional Companies Leading in Market Size and Share 2030 - openPR
- D-Wave and Davidson Technologies Near Installation Completion of Alabamas First On-Site Annealing Quantum Computer - Yahoo Finance - April 25th, 2025 [April 25th, 2025]
- IQM to install Polands first superconducting quantum computer - The Next Web - April 25th, 2025 [April 25th, 2025]
- IQM to Deploy Polands First Superconducting Quantum Computer - Business Wire - April 25th, 2025 [April 25th, 2025]
- Poland installs its first superconducting quantum computer - Tech.eu - April 25th, 2025 [April 25th, 2025]
- A quantum internet is much closer to reality thanks to the world's first operating system for quantum computers - Live Science - April 23rd, 2025 [April 23rd, 2025]
- Where Will Rigetti Computing Be in 10 Years? - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- D-Wave and Davidson Near Installation Completion of Alabamas First On-Site Annealing Quantum Computer - HPCwire - April 23rd, 2025 [April 23rd, 2025]
- Quantum Computer Breakthrough: Fujitsu and RIKEN Lead the Way - JAPAN Forward - April 23rd, 2025 [April 23rd, 2025]
- Fujitsu and RIKEN develop world-leading 256-qubit superconducting quantum computer - Capacity Media - April 23rd, 2025 [April 23rd, 2025]
- 3 Reasons to Buy This Artificial Intelligence (AI) Quantum Computing Stock on the Dip - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- New Mexico Wants to Be the Heart of Quantum Computing - WSJ - April 23rd, 2025 [April 23rd, 2025]
- IonQ and Toyota Tsusho Align to Distibute Quantum Computing Solutions Across Japanese Industries - The Quantum Insider - April 23rd, 2025 [April 23rd, 2025]
- Where Will Rigetti Computing Be in 10 Years? - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- EeroQ Named The 2025 MSU Startup Of The Year - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- New QPU benchmark will show when quantum computers surpass existing computing capabilities, scientists say - Live Science - April 23rd, 2025 [April 23rd, 2025]
- "We've Reached the Future": Xanadu Unleashes the First Scalable Photonic Quantum Computer, Redefining Tech Boundaries in a $100 Billion Race... - April 23rd, 2025 [April 23rd, 2025]
- Fujitsu and Riken develop world-leading quantum computer - The Japan Times - April 23rd, 2025 [April 23rd, 2025]
- No Killer App Yet? Why Quantum Needs Theorists More Than Ever - The Quantum Insider - April 23rd, 2025 [April 23rd, 2025]
- Rigetti, Riverlane, and NQCC Awarded 3.5M ($4.7M USD) Innovate UK Grant to Advance Real-Time Quantum Error Correction - Quantum Computing Report - April 23rd, 2025 [April 23rd, 2025]
- The key to 'cat qubits' 160-times more reliable lies in 'squeezing' them, scientists discover - Live Science - April 23rd, 2025 [April 23rd, 2025]
- The mind-bending innovations that built quantum computing - C&EN - April 23rd, 2025 [April 23rd, 2025]
- Mysterious phenomenon first predicted 50 years ago finally observed, and could give quantum computing a major boost - Live Science - April 23rd, 2025 [April 23rd, 2025]
- Big Tech has officially entered its quantum era here's what it means for the industry - Business Insider - April 23rd, 2025 [April 23rd, 2025]
- This Is My Top Quantum Computing Stock for 2025, and It's Not IonQ or Rigetti Computing - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- How Urgent Is The Quantum Computing Risk Facing Bitcoin? One Team Is Putting 1 BTC Up For Grabs To Find Out - Benzinga - April 23rd, 2025 [April 23rd, 2025]
- Classiq and Wolfram Join CERNs Open Quantum Institute to Advance Hybrid Quantum Optimization for Smart Grids - Quantum Computing Report - April 23rd, 2025 [April 23rd, 2025]
- New quantum breakthrough could transform computing and communication - The Brighter Side of News - April 23rd, 2025 [April 23rd, 2025]
- Benchmarking the performance of quantum computing software for quantum circuit creation, manipulation and compilation - Nature - April 23rd, 2025 [April 23rd, 2025]
- A new hybrid platform for quantum simulation of magnetism - Google Research - April 23rd, 2025 [April 23rd, 2025]
- Why CoreWeave, Quantum Computing, and Digital Turbine Plunged Today - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- The race is on for supremacy in quantum computing - The Times - April 23rd, 2025 [April 23rd, 2025]
- Project 11 challenges everyone to crack the Bitcoin key using a quantum computer. The reward is 1 BTC - Crypto News - April 23rd, 2025 [April 23rd, 2025]
- 7 Reasons You Should Care About World Quantum Day - Maryland Today - April 16th, 2025 [April 16th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now. - Nasdaq - April 16th, 2025 [April 16th, 2025]
- Quantum utility is at most 10 years away, industry experts believe - The Next Web - April 16th, 2025 [April 16th, 2025]
- We stepped inside IQMs quantum lab to witness a new frontier in computing - The Next Web - April 16th, 2025 [April 16th, 2025]
- Quantum Shift: Rewiring the Tech Landscape - infoq.com - April 16th, 2025 [April 16th, 2025]
- Roadmap for commercial adoption of quantum computing gains clarity - Computer Weekly - April 16th, 2025 [April 16th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now. - The Motley Fool - April 16th, 2025 [April 16th, 2025]
- Quantum walks: What they are and how they can change the world - The Brighter Side of News - April 16th, 2025 [April 16th, 2025]
- A timeline of the most important events in quantum mechanics - New Scientist - April 16th, 2025 [April 16th, 2025]
- Crafting the Quantum Narrative: A How-To for Press Releases - Quantum Computing Report - April 16th, 2025 [April 16th, 2025]
- IonQ signs MOU with Japans G-QuAT to expand access to quantum computing and strengthen APAC collaboration - The Quantum Insider - April 16th, 2025 [April 16th, 2025]
- Preparing for quantum advantage while addressing its unique threat to cybersecurity - SDxCentral - April 16th, 2025 [April 16th, 2025]
- IONQ of the U.S., a leading company in quantum computing, will develop quantum network technology in.. - - April 16th, 2025 [April 16th, 2025]
- Impact of tariffs on tech prices, the promise of quantum computing, and new state historic places - WPR - April 16th, 2025 [April 16th, 2025]
- 1 No-Brainer Quantum Computing Stock Down 60% to Buy on the Dip in 2025 - 24/7 Wall St. - April 16th, 2025 [April 16th, 2025]
- Physicists put Schrdinger's cat in a microwave and the quantum experiment actually worked - Yahoo - April 12th, 2025 [April 12th, 2025]
- A week at Yale devoted to quantum, quantum, and more quantum - Yale News - April 12th, 2025 [April 12th, 2025]
- US military launches initiative to find the best quantum computer - New Scientist - April 12th, 2025 [April 12th, 2025]
- Proving quantum computers have the edge - Phys.org - April 12th, 2025 [April 12th, 2025]
- 3 Quantum Computing Stocks Poised for Explosive Growth - The Motley Fool - April 12th, 2025 [April 12th, 2025]
- DARPA begins scaling a quantum computer with 15 companies - Nextgov - April 12th, 2025 [April 12th, 2025]
- New DARPA Initiative Challenges the Creation of Operational Quantum Computers - AFCEA International - April 12th, 2025 [April 12th, 2025]
- Qolab Spearheads Hardware Development for DARPA's Quantum Benchmarking Initiative - Business Wire - April 12th, 2025 [April 12th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now - The Globe and Mail - April 12th, 2025 [April 12th, 2025]
- A Useful Quantum Computer Within 10 Years? DARPA, 2 Australian Startups & More Are Working On It - TechRepublic - April 12th, 2025 [April 12th, 2025]
- Where Schrdingers cat came from and why its getting fatter - New Scientist - April 12th, 2025 [April 12th, 2025]
- Rigetti and IonQ Selected for U.S. Quantum Initiative. Moving From Hype to Prototype. - Barron's - April 12th, 2025 [April 12th, 2025]
- A Tangled Benchmark: Using the Jones Polynomial to Test Quantum Hardware at Scale - The Quantum Insider - April 12th, 2025 [April 12th, 2025]
- The dream of quantum computing is closer than ever | The Excerpt - USA Today - April 12th, 2025 [April 12th, 2025]
- Analysts Still Have a Near-Perfect Rating on This Strong Buy Quantum Computing Stock - The Globe and Mail - April 12th, 2025 [April 12th, 2025]
- Building Indias First Quantum Computer, a Foreign-Returned Physicist Battles the Bureaucracy - outlookbusiness.com - April 12th, 2025 [April 12th, 2025]
- Quantum computing drives innovation in AI and cloud tech - SiliconANGLE - April 12th, 2025 [April 12th, 2025]
- Delfts Quantware paves the way to the million-qubit quantum computer - Bits&Chips - April 8th, 2025 [April 8th, 2025]
- What's Going On With IonQ Stock Today? - Benzinga - April 1st, 2025 [April 1st, 2025]
- Quantum computer solves optimization problem at Ford's assembly line - Interesting Engineering - April 1st, 2025 [April 1st, 2025]
- Finnish Quantum Startup IQM in Talks to Raise Over 200 Million - Bloomberg.com - April 1st, 2025 [April 1st, 2025]
- Quantum Computing Approach Generates First Ever Truly Random Number - Discover Magazine - April 1st, 2025 [April 1st, 2025]
- National Quantum Computing Centre Launches Insights Paper Exploring Quantum Computings Transformative Potential in Healthcare and Pharmaceuticals -... - April 1st, 2025 [April 1st, 2025]
- JPMorganChase, Quantinuum, Argonne National Laboratory, Oak Ridge National Laboratory and University of Texas at Austin advance the application of... - April 1st, 2025 [April 1st, 2025]
- Certified randomness using a trapped-ion quantum processor - Nature - April 1st, 2025 [April 1st, 2025]
- What's Going On With Quantum Computing Stock Today? - Benzinga - April 1st, 2025 [April 1st, 2025]
- D-Wave Pushes Back At Critics, Shows Off Aggressive Quantum Roadmap - The Next Platform - April 1st, 2025 [April 1st, 2025]
- Quantum Computing Inc. Secures Quantum Photonic Vibrometer Order with Delft University of Technology - Yahoo Finance - April 1st, 2025 [April 1st, 2025]
- How quantum cybersecurity changes the way you protect data - TechTarget - April 1st, 2025 [April 1st, 2025]
- Pasqal Selected for 140-Qubit Quantum Computer to Be Hosted at CINECA - insideHPC - April 1st, 2025 [April 1st, 2025]
- D-Wave and Japan Tobacco use quantum to build a better AI model for drug discovery - SiliconANGLE - April 1st, 2025 [April 1st, 2025]
- Quantum Computing is a cross industry revolution, and we want to be part of it - CTech - April 1st, 2025 [April 1st, 2025]
- Quantum Computing Stocks Fall. Here's A Look At Upcoming News Events. - Investor's Business Daily - April 1st, 2025 [April 1st, 2025]