North America Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity
November 30, 2022
GMD Research
125
PDF
North America Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity
Abstract North America quantum computing market is projected to grow by 27.6% annually in the forecast period and reach $3,435.1 million by 2031, driven by the need for secure communication and digitization, an emergence of advance applications and early adoption of quantum computers in some industries, increased investment in quantum computing technology, and the rise of numerous strategic partnerships and collaborations among key vendors. Highlighted with 26 tables and 63 figures, this 125-page report “North America Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America quantum computing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America quantum computing market in every aspect of the classification from perspectives of Component, Technology, Deployment, Application, Industry Vertical, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Hardware oQuantum Computers oProgrammed Infrastructure •Software oSimulation oOptimization oMachine Learning oSampling and Others •Services oProfessional Services Deployment and Installation Infrastructure Maintenance Consulting and Education oManaged Services
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Superconducting Qubits •Trapped Ion •Quantum Cryptography •Quantum Annealing •Topological and Photonic
By Deployment, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •On-premises Deployment •Cloud-based Deployment
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Machine Learning (ML) •Quantum Optimization •Quantum Simulation •Quantum Finance •Quantum Chemistry •Other Applications
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Pharmaceutical and Healthcare •BFSI •Government and Public Services •Aerospace and Defense •Energy & Utilities •Automotive and Transportation •Chemical Industry •IT and Telecom •Manufacturing Industry •Cybersecurity •Media and Entertainment •Other Industry Verticals
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component, Technology and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 1QB Information Technologies Inc. Accenture Plc. Amazon Web Services, Inc. Anyon Systems, Inc. Atos SE Cambridge Quantum Computing Ltd. ColdQuanta, Inc. D-Wave Systems Inc. Google LLC by Alphabet Inc. Honeywell International Inc. IBM Corporation Intel Corporation IonQ Inc. ISARA Corporation Microsoft Corporation QC Ware Corp. Quantum Circuits, Inc. Rigetti & Co, Inc. River Lane Research Xanadu Quantum Technologies Inc. Zapata Computing, Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Content Table of Contents
1 Introduction8 1.1 Industry Definition and Research Scope8 1.1.1 Industry Definition8 1.1.2 Research Scope9 1.2 Research Methodology12 1.2.1 Overview of Market Research Methodology12 1.2.2 Market Assumption13 1.2.3 Secondary Data13 1.2.4 Primary Data13 1.2.5 Data Filtration and Model Design14 1.2.6 Market Size/Share Estimation15 1.2.7 Research Limitations16 1.3 Executive Summary17 2 Market Overview and Dynamics20 2.1 Market Size and Forecast20 2.1.1 Impact of COVID-19 on World Economy21 2.1.2 Impact of COVID-19 on the Market25 2.2 Major Growth Drivers27 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of North America Market by Component42 3.1 Market Overview by Component42 3.2 Hardware44 3.2.1 Quantum Computers45 3.2.2 Programmed Infrastructure46 3.3 Software47 3.3.1 Simulation49 3.3.2 Optimization50 3.3.3 Machine Learning51 3.3.4 Sampling and Others52 3.4 Services53 3.4.1 Professional Services54 3.4.2 Managed Services55 4 Segmentation of North America Market by Technology56 4.1 Market Overview by Technology56 4.2 Superconducting Qubits58 4.3 Trapped Ion59 4.4 Quantum Cryptography60 4.5 Quantum Annealing61 4.6 Topological and Photonic62 5 Segmentation of North America Market by Deployment63 5.1 Market Overview by Deployment63 5.2 On-premises Deployment65 5.3 Cloud-based Deployment66 6 Segmentation of North America Market by Application67 6.1 Market Overview by Application67 6.2 Machine Learning (ML)69 6.3 Quantum Optimization70 6.4 Quantum Simulation71 6.5 Quantum Finance72 6.6 Quantum Chemistry73 6.7 Other Applications74 7 Segmentation of North America Market by Industry Vertical75 7.1 Market Overview by Industry Vertical75 7.2 Pharmaceutical and Healthcare77 7.3 BFSI78 7.4 Government and Public Services79 7.5 Aerospace and Defense80 7.6 Energy & Utilities81 7.7 Automotive and Transportation82 7.8 Chemical Industry83 7.9 IT and Telecom84 7.10 Manufacturing Industry85 7.11 Cybersecurity86 7.12 Media and Entertainment87 7.13 Other Industry Verticals88 8 North America Market 2021-2031 by Country89 8.1 Overview of North America Market89 8.2 U.S.92 8.3 Canada95 8.4 Mexico97 9 Competitive Landscape99 9.1 Overview of Key Vendors99 9.2 New Product Launch, Partnership, Investment, and M&A102 9.3 Company Profiles103 1QB Information Technologies Inc.103 Accenture Plc.105 Amazon Web Services, Inc.106 Anyon Systems, Inc.107 Atos SE108 Cambridge Quantum Computing Ltd.109 ColdQuanta, Inc.110 D-Wave Systems Inc.111 Google LLC by Alphabet Inc.112 Honeywell International Inc.113 IBM Corporation114 Intel Corporation115 IonQ Inc.116 ISARA Corporation117 Microsoft Corporation118 QC Ware Corp.119 Quantum Circuits, Inc.120 Rigetti & Co, Inc.121 River Lane Research122 Xanadu Quantum Technologies Inc.123 Zapata Computing, Inc.124 RELATED REPORTS125
List of Tables:
Table 1. Snapshot of North America Quantum Computing Market in Balanced Perspective, 2021-203118 Table 2. World Economic Outlook, 2021-203122 Table 3. World Economic Outlook, 2021-202323 Table 4. Main Product Trends and Market Opportunities in North America Quantum Computing Market34 Table 5. North America Quantum Computing Market by Component, 2021-2031, $ mn42 Table 6. North America Quantum Computing Market: Hardware by Type, 2021-2031, $ mn44 Table 7. North America Quantum Computing Market: Software by Type, 2021-2031, $ mn48 Table 8. North America Quantum Computing Market: Services by Type, 2021-2031, $ mn53 Table 9. North America Quantum Computing Market: Professional Services by Type, 2021-2031, $ mn54 Table 10. North America Quantum Computing Market by Technology, 2021-2031, $ mn56 Table 11. North America Quantum Computing Market by Deployment, 2021-2031, $ mn63 Table 12. North America Quantum Computing Market by Application, 2021-2031, $ mn67 Table 13. North America Quantum Computing Market by Industry Vertical, 2021-2031, $ mn75 Table 14. North America Quantum Computing Market by Country, 2021-2031, $ mn90 Table 15. U.S. Quantum Computing Market by Component, 2021-2031, $ mn94 Table 16. U.S. Quantum Computing Market by Technology, 2021-2031, $ mn94 Table 17. U.S. Quantum Computing Market by Application, 2021-2031, $ mn94 Table 18. Canada Quantum Computing Market by Component, 2021-2031, $ mn96 Table 19. Canada Quantum Computing Market by Technology, 2021-2031, $ mn96 Table 20. Canada Quantum Computing Market by Application, 2021-2031, $ mn96 Table 21. Mexico Quantum Computing Market by Component, 2021-2031, $ mn98 Table 22. Mexico Quantum Computing Market by Technology, 2021-2031, $ mn98 Table 23. Mexico Quantum Computing Market by Application, 2021-2031, $ mn98 Table 24. 1QB Information Technologies Inc.: Company Snapshot103 Table 25. 1QB Information Technologies Inc.: Business Segmentation104 Table 26. 1QB Information Technologies Inc.: Product Portfolio104
North America quantum computing market is projected to grow by 27.6% annually in the forecast period and reach $3,435.1 million by 2031, driven by the need for secure communication and digitization, an emergence of advance applications and early adoption of quantum computers in some industries, increased investment in quantum computing technology, and the rise of numerous strategic partnerships and collaborations among key vendors. Highlighted with 26 tables and 63 figures, this 125-page report “North America Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America quantum computing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America quantum computing market in every aspect of the classification from perspectives of Component, Technology, Deployment, Application, Industry Vertical, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Hardware oQuantum Computers oProgrammed Infrastructure •Software oSimulation oOptimization oMachine Learning oSampling and Others •Services oProfessional Services Deployment and Installation Infrastructure Maintenance Consulting and Education oManaged Services
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Superconducting Qubits •Trapped Ion •Quantum Cryptography •Quantum Annealing •Topological and Photonic
By Deployment, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •On-premises Deployment •Cloud-based Deployment
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Machine Learning (ML) •Quantum Optimization •Quantum Simulation •Quantum Finance •Quantum Chemistry •Other Applications
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. •Pharmaceutical and Healthcare •BFSI •Government and Public Services •Aerospace and Defense •Energy & Utilities •Automotive and Transportation •Chemical Industry •IT and Telecom •Manufacturing Industry •Cybersecurity •Media and Entertainment •Other Industry Verticals
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component, Technology and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 1QB Information Technologies Inc. Accenture Plc. Amazon Web Services, Inc. Anyon Systems, Inc. Atos SE Cambridge Quantum Computing Ltd. ColdQuanta, Inc. D-Wave Systems Inc. Google LLC by Alphabet Inc. Honeywell International Inc. IBM Corporation Intel Corporation IonQ Inc. ISARA Corporation Microsoft Corporation QC Ware Corp. Quantum Circuits, Inc. Rigetti & Co, Inc. River Lane Research Xanadu Quantum Technologies Inc. Zapata Computing, Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
1 Introduction8 1.1 Industry Definition and Research Scope8 1.1.1 Industry Definition8 1.1.2 Research Scope9 1.2 Research Methodology12 1.2.1 Overview of Market Research Methodology12 1.2.2 Market Assumption13 1.2.3 Secondary Data13 1.2.4 Primary Data13 1.2.5 Data Filtration and Model Design14 1.2.6 Market Size/Share Estimation15 1.2.7 Research Limitations16 1.3 Executive Summary17 2 Market Overview and Dynamics20 2.1 Market Size and Forecast20 2.1.1 Impact of COVID-19 on World Economy21 2.1.2 Impact of COVID-19 on the Market25 2.2 Major Growth Drivers27 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of North America Market by Component42 3.1 Market Overview by Component42 3.2 Hardware44 3.2.1 Quantum Computers45 3.2.2 Programmed Infrastructure46 3.3 Software47 3.3.1 Simulation49 3.3.2 Optimization50 3.3.3 Machine Learning51 3.3.4 Sampling and Others52 3.4 Services53 3.4.1 Professional Services54 3.4.2 Managed Services55 4 Segmentation of North America Market by Technology56 4.1 Market Overview by Technology56 4.2 Superconducting Qubits58 4.3 Trapped Ion59 4.4 Quantum Cryptography60 4.5 Quantum Annealing61 4.6 Topological and Photonic62 5 Segmentation of North America Market by Deployment63 5.1 Market Overview by Deployment63 5.2 On-premises Deployment65 5.3 Cloud-based Deployment66 6 Segmentation of North America Market by Application67 6.1 Market Overview by Application67 6.2 Machine Learning (ML)69 6.3 Quantum Optimization70 6.4 Quantum Simulation71 6.5 Quantum Finance72 6.6 Quantum Chemistry73 6.7 Other Applications74 7 Segmentation of North America Market by Industry Vertical75 7.1 Market Overview by Industry Vertical75 7.2 Pharmaceutical and Healthcare77 7.3 BFSI78 7.4 Government and Public Services79 7.5 Aerospace and Defense80 7.6 Energy & Utilities81 7.7 Automotive and Transportation82 7.8 Chemical Industry83 7.9 IT and Telecom84 7.10 Manufacturing Industry85 7.11 Cybersecurity86 7.12 Media and Entertainment87 7.13 Other Industry Verticals88 8 North America Market 2021-2031 by Country89 8.1 Overview of North America Market89 8.2 U.S.92 8.3 Canada95 8.4 Mexico97 9 Competitive Landscape99 9.1 Overview of Key Vendors99 9.2 New Product Launch, Partnership, Investment, and M&A102 9.3 Company Profiles103 1QB Information Technologies Inc.103 Accenture Plc.105 Amazon Web Services, Inc.106 Anyon Systems, Inc.107 Atos SE108 Cambridge Quantum Computing Ltd.109 ColdQuanta, Inc.110 D-Wave Systems Inc.111 Google LLC by Alphabet Inc.112 Honeywell International Inc.113 IBM Corporation114 Intel Corporation115 IonQ Inc.116 ISARA Corporation117 Microsoft Corporation118 QC Ware Corp.119 Quantum Circuits, Inc.120 Rigetti & Co, Inc.121 River Lane Research122 Xanadu Quantum Technologies Inc.123 Zapata Computing, Inc.124 RELATED REPORTS125
List of Tables:
Table 1. Snapshot of North America Quantum Computing Market in Balanced Perspective, 2021-203118 Table 2. World Economic Outlook, 2021-203122 Table 3. World Economic Outlook, 2021-202323 Table 4. Main Product Trends and Market Opportunities in North America Quantum Computing Market34 Table 5. North America Quantum Computing Market by Component, 2021-2031, $ mn42 Table 6. North America Quantum Computing Market: Hardware by Type, 2021-2031, $ mn44 Table 7. North America Quantum Computing Market: Software by Type, 2021-2031, $ mn48 Table 8. North America Quantum Computing Market: Services by Type, 2021-2031, $ mn53 Table 9. North America Quantum Computing Market: Professional Services by Type, 2021-2031, $ mn54 Table 10. North America Quantum Computing Market by Technology, 2021-2031, $ mn56 Table 11. North America Quantum Computing Market by Deployment, 2021-2031, $ mn63 Table 12. North America Quantum Computing Market by Application, 2021-2031, $ mn67 Table 13. North America Quantum Computing Market by Industry Vertical, 2021-2031, $ mn75 Table 14. North America Quantum Computing Market by Country, 2021-2031, $ mn90 Table 15. U.S. Quantum Computing Market by Component, 2021-2031, $ mn94 Table 16. U.S. Quantum Computing Market by Technology, 2021-2031, $ mn94 Table 17. U.S. Quantum Computing Market by Application, 2021-2031, $ mn94 Table 18. Canada Quantum Computing Market by Component, 2021-2031, $ mn96 Table 19. Canada Quantum Computing Market by Technology, 2021-2031, $ mn96 Table 20. Canada Quantum Computing Market by Application, 2021-2031, $ mn96 Table 21. Mexico Quantum Computing Market by Component, 2021-2031, $ mn98 Table 22. Mexico Quantum Computing Market by Technology, 2021-2031, $ mn98 Table 23. Mexico Quantum Computing Market by Application, 2021-2031, $ mn98 Table 24. 1QB Information Technologies Inc.: Company Snapshot103 Table 25. 1QB Information Technologies Inc.: Business Segmentation104 Table 26. 1QB Information Technologies Inc.: Product Portfolio104