| This report contains COVID-19 specific updates.
Quantum Computing: Technologies and Global Markets to 2026
Report Highlights
The global quantum computing technologies market should reach $1.6 billion by 2026 from $390.7 million in 2021 at a compound annual growth rate (CAGR) of 33.2% for the forecast period of 2021 to 2026.
Report Includes
- 59 data tables and 54 additional tables
- An updated review of the global markets for commercial quantum computing technologies
- Analyses of the global market trends, with data from 2020 to 2021, estimates for 2022 and 2024, along with projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the global quantum computing market size in dollar value terms, and corresponding market share analysis by offering, technology, deployment, application, end-user industry and region
- Identification of the quantum computing technologies and products with the greatest commercial potential
- Technology assessment of the key drivers and constraints that will shape the market for quantum computing over the next ten years
- Understanding of the upcoming market opportunities and areas of focus to forecast the market into various segments and sub-segments
- Highlights of COVID-19 implications on the progress of this market
- Identification of the companies best positioned to meet this demand because of their proprietary technologies, strategic alliances or other advantages
- Review of the key patent grants and new technologies in the quantum computing sector
- Insight into the recent industry strategies, such as M&A deals, joint ventures, collaborations, and license agreements currently focused on commercial quantum computing products and service
- Company profiles of the key industry players, including Alphabet Inc., Cambridge Quantum Computing, Honeywell International Inc., International Business Machines (IBM) Corp., Microsoft Corp. and Toshiba Corp.
Report Scope
This report provides an overview of the global market for quantum computing and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026. Revenue forecasts for this period are segmented based on offering, deployment, technology, application, end-user industry and region.
The report also focuses on the major trends and challenges that affect the market and the competitive landscape. It explains the current market trends and provides detailed profiles of the major players and the strategies they adopt to enhance their market presence. The report estimates the size of the global quantum computing market in 2020 and provides projections of the expected market size through 2026.
Analyst Credentials
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
Report Synopsis
| Report Metrics | Details | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Base year considered | 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forecast period considered | 2021-2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Base year market size | $324.2 million | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market size forecast | $1.6 billion | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Growth rate | CAGR of 33.2% from 2021 to 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Units considered | $ Millions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segments covered | Offering, Technology Type, Method of Deployment, Application, End-user Industry | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, France, U.K., Russia, Rest of Europe, Japan, China, India, South Korea, Rest of Asia-Pacific, South America, Middle East, Africa | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Report Highlights
The global commercial quantum computing market is expected to reach $1.3 billion by 2027 at a compound annual growth rate (CAGR) of 52.9% from 2022 to 2027 and $161 million by 2022 from $33.0 million in 2017 at a CAGR of 37.3% for the period 2017-2022.
Report Includes
- 35 data tables
- Detailed study and an industry analysis of the global markets and technologies for quantum computing
- Analyses of global market trends with data from 2016, forecasts for 2017 to 2027, and projections of compound annual growth rates (CAGRs) through 2027
- Identification of the quantum computing technologies and products with the greatest commercial potential
- Segmentation of the global quantum computing market by technology type, end use, application sector, and geographical region
- Technological assessment of the key drivers and constraints that will shape the market for quantum computing over the next ten years
- Examination of the companies that are best positioned to meet the demand for quantum computing technologies, because of proprietary technologies, strategic alliances or other advantages
- Profiles of the leading companies offering products and services related to quantum computing technologies, including D-Wave Systems, Intel Corp., International Business Machines Corp., Microsoft, and Amgen Inc.