DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The "Quantum Computing: Technologies and Global Markets to 2022" report has been added to ResearchAndMarkets.com's offering.

The market for quantum computing technologies was in its infancy in 2016. Some analysts believe the market to be larger, but their definition of the quantum computing market does not appear to meet the publisher's definition of a commercial market.

This research expects the worldwide commercial market for quantum computing technologies to increase in 2017. In contrast to the 2016 market estimates, the publisher's projected growth rates are generally consistent with the CAGRs projected by other analysts.

Until recently, quantum computing was confined to the laboratory, with many experts predicting that commercial applications of quantum computing were years away. However, at the time this report was written in 2017, there was a growing consensus that the industry is on the verge of a breakout in quantum computing.

D-Wave, a Canadian company, has been selling quantum computers since 2010, but its computers are only capable of solving a limited range of problems. Other firms, including IBM, Alphabet Inc.'s Google, Rigetti Computing of San Francisco, are developing so-called universal quantum computers, which will be capable of solving a wider range of problems.

Early in 2017, IBM introduced IBM Q, the first commercial universal quantum computer, which it plans to offer to fee-paying users in the near future. The earliest versions of IBM Q will not outperform conventional computers, but IBM hopes that the system will help to develop a market for future quantum computers that will be able to handle complex calculations beyond the capabilities of conventional computers.

While these advances in quantum computing hold out the possibility of technology millions of times more powerful than conventional computers, the key to commercial success will be in applying quantum computing to real-world problems. Therefore, this study focuses on future applications for quantum computing as a basis for understanding the potential market for quantum computers, related software and services.

The 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.

Companies Mentioned

1Qbit Information Technologies Inc. Accenture Llp Advancing Quantum Architecture (Aqua) Group Airbus Se Alibaba Holding Group Ltd. Amgen Inc. Anyon Systems Inc. Biogen Inc. Chicago Quantum Exchange Cipherq Corp. Commonwealth Bank Of Australia Computational And Data Intensive Physics Group Computational Physics Group D-Wave Systems Intel Corp. International Business Machines Corp. Ion Quantum Technology (IQT) Group Ionq Inc. Joint Institute For Laboratory Astrophysics (JILA) Key Laboratory Of Quantum Information Qutech Qxbranch Raytheon Co. Rigetti Computing Seeqc Silicon Quantum Computing Pty Ltd. Sparrow Quantum Telstra Corp. Ltd. Tokyo Quantum Computing Tundrasystems Global Ltd. Turing Inc. Yamamoto Group Zapata Computing Inc. Zyvex Labs and many more...

Key Topics Covered

1 Introduction

2 Summary and Highlights

3 Market and Technology Background

4 Market Breakdown by Technology

5 Market Breakdown by End-Use

6 Market Breakdown by Application

7 Market Breakdown by Region

8 Patent Review/New Developments

9 Analysis of Market Opportunities

10 Sources of Financing

11 Company Profiles

12 Patent Portfolios

For more information about this report visit https://www.researchandmarkets.com/research/2tccdc/global_quantum?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005281/en/

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SOURCE: Research and Markets

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PUB: 08/08/2018 05:21 AM/DISC: 08/08/2018 05:21 AM