Market Overview:
The global quantum processors market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for quantum processors in various applications such as computer, military, healthcare, smart life and others. In addition, the growing research and development activities for quantum computing are also fueling the growth of this market. However, lack of awareness about quantum computing among end users is restraining the growth of this market. On the basis of type, superconducting chip quantum processor held a major share in 2017 and is expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to its high performance and low power consumption as compared with other types of quantum processors available in the market.
Product Definition:
A quantum processor is a computer that uses quantum mechanical phenomena to perform calculations. These processors are different in many ways from the processors found in classical computers, and they have the potential to solve certain problems much faster than traditional computers.
Superconducting Chip Quantum Processor:
Superconducting chip quantum processor (SQP) is a new technology that uses superconductors to implement quantum computing. It's an integrated circuit based on qubitronics and uses the laws of quantum mechanics for computation. The technology has been around for more than two decades but was not applied in the field of quantum computing until now owing to technological barriers such as lack of knowledge, expertise, and high cost associated with it.
Semiconductor Chip Quantum Processor:
Semiconductor chip quantum processor is a new emerging technology that uses semiconductor chips to perform calculations. These chips are used as qubits which can be in superposition of 0 and 1 at the same time. This allows performing calculations much faster than traditional processors as there are more possible states for the qubit instead of only 2 outcomes like in case of normal processors. Semiconductor chip quantum processor has many advantages over normal processors such as it's smaller, cheaper, and more powerful etc.
Application Insights:
The computer application segment dominated the global quantum processors market in 2017. The growing demand for high-performance computing and simulation is expected to drive the growth of this segment over the forecast period. Quantum annealing algorithms are being used to optimize energy consumption in many modern supercomputers, which is expected to reduce electricity costs and increase efficiency. This technology can also be applied on a large scale for industrial purposes such as weather forecasting or protein crystal engineering, which is likely to propel industry expansion over the coming years.
The military application segment accounted for a significant share of 15% in 2017 owing to increasing investments by governments worldwide towards developing strong defense capabilities against emerging threats from cyber space and outer space among other regions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of QP vendors and users coupled with high investments in R&D for developing new devices. Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing demand from end-use industries such as computing, defense, healthcare, and others. Moreover, rising adoption by various governments for carrying out advanced calculations is also expected to drive regional growth over the next eight years.
The European region accounted for significant share in terms of revenue due to early adoption by several major industry players across countries such as Germany and U.K.
Growth Factors:
- Increasing demand for quantum processors in the defense and security sector due to its ability to solve complex problems and provide high security.
- Growing demand for quantum processors from the commercial sector for data processing, analytics, and machine learning applications.
- Rising number of startups working on developing new applications that can take advantage of the features offered by quantum processors.
- Development of new technologies that can improve the performance and efficiency of quantum processors further fueling their growth prospects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Quantum Processors Market Research Report
By Type
Superconducting Chip Quantum Processor, Semiconductor Chip Quantum Processor, Ion Trap Chip Quantum Processor, Other
By Application
Computer, Military, Healthcare, Smart Life, Other
By Companies
IBM, Microsoft, Intel Corporation, Google, Silicon Quantum Computing, Ion Q, Honeywell, Fujitsu, D-Wave, Northrop Grumman, Toshiba, Origin Quantum, NTT, HP, NSI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Quantum Processors Market Report Segments:
The global Quantum Processors market is segmented on the basis of:
Types
Superconducting Chip Quantum Processor, Semiconductor Chip Quantum Processor, Ion Trap Chip Quantum Processor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Computer, Military, Healthcare, Smart Life, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- Intel Corporation
- Google
- Silicon Quantum Computing
- Ion Q
- Honeywell
- Fujitsu
- D-Wave
- Northrop Grumman
- Toshiba
- Origin Quantum
- NTT
- HP
- NSI
Highlights of The Quantum Processors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Superconducting Chip Quantum Processor
- Semiconductor Chip Quantum Processor
- Ion Trap Chip Quantum Processor
- Other
- By Application:
- Computer
- Military
- Healthcare
- Smart Life
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Quantum Processors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Quantum processors are a type of computer that use quantum bits, or qubits. These processors can perform certain calculations much faster than traditional computers.
Some of the major players in the quantum processors market are IBM, Microsoft, Intel Corporation, Google, Silicon Quantum Computing, Ion Q, Honeywell, Fujitsu, D-Wave, Northrop Grumman, Toshiba, Origin Quantum, NTT, HP, NSI.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Quantum Processors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Quantum Processors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Quantum Processors Market - Supply Chain
4.5. Global Quantum Processors Market Forecast
4.5.1. Quantum Processors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Quantum Processors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Quantum Processors Market Absolute $ Opportunity
5. Global Quantum Processors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Quantum Processors Market Size and Volume Forecast by Type
5.3.1. Superconducting Chip Quantum Processor
5.3.2. Semiconductor Chip Quantum Processor
5.3.3. Ion Trap Chip Quantum Processor
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Quantum Processors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Quantum Processors Market Size and Volume Forecast by Application
6.3.1. Computer
6.3.2. Military
6.3.3. Healthcare
6.3.4. Smart Life
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Quantum Processors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Quantum Processors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Quantum Processors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Quantum Processors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Quantum Processors Demand Share Forecast, 2019-2026
9. North America Quantum Processors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Quantum Processors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Quantum Processors Market Size and Volume Forecast by Application
9.4.1. Computer
9.4.2. Military
9.4.3. Healthcare
9.4.4. Smart Life
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Quantum Processors Market Size and Volume Forecast by Type
9.7.1. Superconducting Chip Quantum Processor
9.7.2. Semiconductor Chip Quantum Processor
9.7.3. Ion Trap Chip Quantum Processor
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Quantum Processors Demand Share Forecast, 2019-2026
10. Latin America Quantum Processors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Quantum Processors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Quantum Processors Market Size and Volume Forecast by Application
10.4.1. Computer
10.4.2. Military
10.4.3. Healthcare
10.4.4. Smart Life
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Quantum Processors Market Size and Volume Forecast by Type
10.7.1. Superconducting Chip Quantum Processor
10.7.2. Semiconductor Chip Quantum Processor
10.7.3. Ion Trap Chip Quantum Processor
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Quantum Processors Demand Share Forecast, 2019-2026
11. Europe Quantum Processors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Quantum Processors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Quantum Processors Market Size and Volume Forecast by Application
11.4.1. Computer
11.4.2. Military
11.4.3. Healthcare
11.4.4. Smart Life
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Quantum Processors Market Size and Volume Forecast by Type
11.7.1. Superconducting Chip Quantum Processor
11.7.2. Semiconductor Chip Quantum Processor
11.7.3. Ion Trap Chip Quantum Processor
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Quantum Processors Demand Share, 2019-2026
12. Asia Pacific Quantum Processors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Quantum Processors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Quantum Processors Market Size and Volume Forecast by Application
12.4.1. Computer
12.4.2. Military
12.4.3. Healthcare
12.4.4. Smart Life
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Quantum Processors Market Size and Volume Forecast by Type
12.7.1. Superconducting Chip Quantum Processor
12.7.2. Semiconductor Chip Quantum Processor
12.7.3. Ion Trap Chip Quantum Processor
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Quantum Processors Demand Share, 2019-2026
13. Middle East & Africa Quantum Processors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Quantum Processors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Quantum Processors Market Size and Volume Forecast by Application
13.4.1. Computer
13.4.2. Military
13.4.3. Healthcare
13.4.4. Smart Life
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Quantum Processors Market Size and Volume Forecast by Type
13.7.1. Superconducting Chip Quantum Processor
13.7.2. Semiconductor Chip Quantum Processor
13.7.3. Ion Trap Chip Quantum Processor
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Quantum Processors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Quantum Processors Market: Market Share Analysis
14.2. Quantum Processors Distributors and Customers
14.3. Quantum Processors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Intel Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Google
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Silicon Quantum Computing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ion Q
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honeywell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fujitsu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. D-Wave
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Northrop Grumman
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toshiba
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Origin Quantum
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NTT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HP
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NSI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
