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.
This release was published on openPR.
View original post here:
Quantum Computing Market Growth Insights 2023: Exceptional Companies Leading in Market Size and Share 2030 - openPR
- 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]
- Honeywell May Take Quantinuum Public in Next 2 Years. Its a Quantum Thing. - Barron's - April 1st, 2025 [April 1st, 2025]
- The 6 different types of quantum computing technology - TechTarget - April 1st, 2025 [April 1st, 2025]
- Nvidia to Open Quantum Computing Research Center in Boston This Year in a Landmark for Regions Tech Sector - The Harvard Crimson - April 1st, 2025 [April 1st, 2025]
- Quantum Threats Are HereWhy the Next Cybersecurity Boom May Already Be Underway - Baystreet.ca - April 1st, 2025 [April 1st, 2025]
- D-Wave and Japan Tobacco Validate Quantum and AI Workflow Towards Generative Drug Discovery - The Quantum Insider - April 1st, 2025 [April 1st, 2025]
- The High Cost of Quantum Randomness Is Dropping - Quanta Magazine - April 1st, 2025 [April 1st, 2025]
- Beyond encryption: Why quantum computing might be more of a science boom than a cybersecurity bust - oodaloop.com - April 1st, 2025 [April 1st, 2025]
- NVIDIA (NVDA): One of the Best Quantum Computing Stocks to Buy Right Now? - Yahoo Finance - March 18th, 2025 [March 18th, 2025]
- I work at a leading quantum lab: Here are the qualifications recruiters in the field are looking for - Business Insider - March 18th, 2025 [March 18th, 2025]
- 5 wild things quantum computing could unlock now that Big Tech believes a breakthrough is within reach - Yahoo - March 18th, 2025 [March 18th, 2025]
- Controversy erupts over claims Microsoft invented a new state of matter - Salon - March 18th, 2025 [March 18th, 2025]
- Chinese quantum processor is 1 quadrillion times faster than the best supercomputer and it rivals Google's breakthrough Willow chip - Livescience.com - March 18th, 2025 [March 18th, 2025]
- IQM Quantum wants to be the European answer to Google and IBM - Sifted - March 18th, 2025 [March 18th, 2025]
- Twisting atomically thin materials could advance quantum computers - University of Rochester - March 18th, 2025 [March 18th, 2025]
- D-Wave Quantum Stock Hits $11: Heres What This Top Analyst Predicts Ahead - TipRanks - March 18th, 2025 [March 18th, 2025]
- A Computer Has Achieved "Quantum Supremacy" On Real-World Problem For First Time, Company Claims - IFLScience - March 18th, 2025 [March 18th, 2025]
- INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Quantum Computing Inc. and Certain Officers - QUBT - PR Newswire - March 18th, 2025 [March 18th, 2025]
- D-Wave Quantum Sets Benchmark with New Computing Advance - News and Statistics - IndexBox, Inc. - March 18th, 2025 [March 18th, 2025]
- Rigettis Rally Hits a Bump Are Insider Sales a Red Flag? - Wall Street Pit - March 18th, 2025 [March 18th, 2025]
- Quantum AI: What Is It and How Does It Work? - CNET - March 18th, 2025 [March 18th, 2025]
- D-Wave Shares Jump 46.9% on Friday - Should You Buy QBTS Stock? - TradingView - March 18th, 2025 [March 18th, 2025]
- 2 Top Quantum Computing Stocks to Buy in 2025 - The Motley Fool - March 13th, 2025 [March 13th, 2025]
- D-Wave Claims Breakthrough. Quantum Computing Stocks Gain. - Investor's Business Daily - March 13th, 2025 [March 13th, 2025]
- Physicists Just Witnessed a Quantum Phase Flip and Its More Mind-Bending Than Expected - SciTechDaily - March 13th, 2025 [March 13th, 2025]
- Beyond Classical: D-Wave First to Demonstrate Quantum Supremacy on Useful, Real-World Problem - Business Wire - March 13th, 2025 [March 13th, 2025]
- What is quantum computing and how it could change the tech world - Yahoo Finance - March 13th, 2025 [March 13th, 2025]
- Quantum Computing Giant IonQ Is Down More Than 60% From its All-Time High. Should You Buy The Dip? - The Motley Fool - March 13th, 2025 [March 13th, 2025]
- D-Wave Deep Dive: A Look at The Quantum Advantage Findings -- And The Questions That Remain - The Quantum Insider - March 13th, 2025 [March 13th, 2025]
- D-Wave claims to have achieved quantum supremacy at last, but others disagree - SiliconANGLE News - March 13th, 2025 [March 13th, 2025]
- D-Wave Claims It Achieves Quantum Supremacy. What the Breakthrough Means for Quantum Computing. - Barron's - March 13th, 2025 [March 13th, 2025]
- D-Wave Posts Wider-Than-Expected Loss. Why the Stock Is Rising After Earnings. - Barron's - March 13th, 2025 [March 13th, 2025]
- Nu Quantum Partners With The University of Sussex, Cisco, and Infineon to Scale Trapped Ion Quantum Computers - The Quantum Insider - March 13th, 2025 [March 13th, 2025]
- IonQ Could Be a Quantum Computing Powerhouse, but Is It a Buy Right Now? - The Motley Fool - March 13th, 2025 [March 13th, 2025]
- D-Wave Quantum Inc. Reports Fourth Quarter and Year-End 2024 Results - TradingView - March 13th, 2025 [March 13th, 2025]
- Hybrid Quantum Workflow Moves Toward Real-World Applications - IoT World Today - March 13th, 2025 [March 13th, 2025]
- As NVIDIAs Quantum Day Nears, Analysts Suggest Event is More Than a Gesture - The Quantum Insider - March 13th, 2025 [March 13th, 2025]
- D-Wave Posts Wider-Than-Expected Loss. Why the Stock Is Rising Anyway. - MSN - March 13th, 2025 [March 13th, 2025]
- Recent Breakthroughs Accelerate The Race For Quantum Computing - Forbes - March 13th, 2025 [March 13th, 2025]
- An operating system for executing applications on quantum network nodes - Nature.com - March 13th, 2025 [March 13th, 2025]
- D-Wave Reports Quantum Advantage in Materials Simulation Study - HPCwire - March 13th, 2025 [March 13th, 2025]
- Experts Weigh in on Microsofts Topological Qubit Claim - Physics - March 13th, 2025 [March 13th, 2025]
- Quantum Computing Inc. To Attend 37th Annual ROTH Conference - PR Newswire - March 13th, 2025 [March 13th, 2025]
- Quantum leap: Passwords in the new era of computing security - BleepingComputer - March 13th, 2025 [March 13th, 2025]
- Quantum computing will reach its inflection point in 2029: How investors should prepare - Finextra - March 13th, 2025 [March 13th, 2025]
- Quantum computing - Unlocking science, and maybe your bank account - Home Team Science and Technology Agency - March 13th, 2025 [March 13th, 2025]
- SXSW 2025 live coverage: The potential of quantum computing, Ireland's prime minister makes a splash, and a Metallica concert in Apple Vision Pro -... - March 13th, 2025 [March 13th, 2025]
- QuamCore Emerges From Stealth With $9 Million in Seed Funding to Build Worlds First Scalable 1 million Qubit Quantum Computer - The Quantum Insider - March 13th, 2025 [March 13th, 2025]
- QuamCore Emerges with $9M Seed Funding to Build Scalable Million-Qubit Quantum Computer - Quantum Computing Report - March 13th, 2025 [March 13th, 2025]
- QuamCore emerges from stealth with $9 million in Seed funding to build a 1 million qubit quantum computer - Scientific Computing World - March 13th, 2025 [March 13th, 2025]
- D-Wave says it achieved quantum supremacy using its computer - Fast Company - March 13th, 2025 [March 13th, 2025]
- D-Waves Annealing Quantum Computer Just Beat a Supercomputer Heres Why It Matters - Wall Street Pit - March 13th, 2025 [March 13th, 2025]
- Recently, a series of quantum computer-themed exchange-traded funds (ETFs) have been released in the.. - - March 13th, 2025 [March 13th, 2025]
- China unveils quantum computer thats one quadrillion times faster than existing supercomputers - Yahoo Finance UK - March 7th, 2025 [March 7th, 2025]
- China unveils quantum computer that could spell new era of processors - The Independent - March 5th, 2025 [March 5th, 2025]
- Startup PsiQuantum says it is making millions of quantum computing chips - Reuters - March 1st, 2025 [March 1st, 2025]
- A quantum computing startup says it is already making millions of light-powered chips - The Conversation - March 1st, 2025 [March 1st, 2025]
- Quantum Breakthrough: Microsoft and Purdue Unlock the Future of Topological Qubits - SciTechDaily - March 1st, 2025 [March 1st, 2025]
- Interested in Quantum Computing Investing? Here Are 4 Fantastic Picks to Maximize Your Odds of Picking a Winner - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- If I Could Only Buy 1 Quantum Computing Stock, This Would Be It - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Amazon unveils quantum chip, aiming to shave years off development time - Reuters - March 1st, 2025 [March 1st, 2025]
- Quantum Computing Is Finally Here. But What Is It? - Bloomberg - March 1st, 2025 [March 1st, 2025]
- Microsoft makes quantum computing breakthrough - Drexel University The Triangle Online - March 1st, 2025 [March 1st, 2025]
- Google, Microsoft, and now Amazon: The quantum computing race is heating up - Quartz - March 1st, 2025 [March 1st, 2025]
- Groundbreaking qubit technology reduces errors in quantum computing - The Brighter Side of News - March 1st, 2025 [March 1st, 2025]
- Fortanix Tackles Quantum Computing Threats With New Algorithms - Dark Reading - March 1st, 2025 [March 1st, 2025]