30.03.2021 Бизнес

Quantum Computing Market Share, Size, Future Demand, Top Leading player, and Emerging Trends

As a result, several globally operating BFSI companies, including Royal Bank of Scotland (RBS), Goldman Sachs & Co. LLC, and Citigroup Inc., have already invested in it. Similarly, quantum-safe algorithms, quantum key distribution, and quantum random number generators (QRNGs) are gaining widespread popularity in the field of cybersecurity. Considering the potential, China has launched a satellite equipped with quantum computing, named Micius, and it is also building the related network infrastructure.

In the same vein, in the field of logistics & support, IBM’s quantum computers are being used by Daimler AG and Honda Motor Company Ltd. As most of such investments have been done in the U.S., North America has been the largest quantum computing industry till now. In addition to the funding, the region boasts world-class IT infrastructure and learned professionals, both of which are necessary to deploy such complex technologies.

Further, Canada was the first country in the world to see the commercialization of this technology, with the launch of the D-Wave One system. Currently, most of the companies using the technology choose to deploy the enabling software on their own servers. Since the technology is at a nascent stage, with its usage majorly limited to research and development (R&D), companies prefer to keep their data and applications within the organization.

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However, with the commercialization of quantum computing, massive volumes of data will be generated, which will likely impel companies to store it on third-party servers. Apart from offering scalable storage, cloud deployment also allows users to save on the high on-site infrastructure expenses and offers data access from any internet-connected device.

Hence, as quantum computing continues to gather worldwide interest and funding, its potential for various applications will be realized and it will be commercialized. This market research report provides a comprehensive overview of the market

* Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings