GITNUX MARKETDATA REPORT 2024
Quantum Computing Industry Statistics [Fresh Research]
With sources from: researchandmarkets.com, nature.com, reportlinker.com, techrepublic.com and many more
In this post, we will explore key statistics and insights shaping the Quantum Computing industry, shedding light on market values, top players, investment trends, and geographic dynamics. From projected market growth to government investments and technological advancements, the Quantum Computing landscape is evolving rapidly, presenting lucrative opportunities and challenges for stakeholders worldwide.
Statistic 1
"By 2025, the Quantum Computing market is expected to reach an estimated value of $1,765 million."
Statistic 2
"Microsoft, IBM, and Google are among the top players in the Quantum Computing industry."
Statistic 3
"Spending on Quantum Computing systems and services by end-users is projected to surge from $830 million in 2024 to $8 billion in 2027."
Statistic 4
"By 2029, the Quantum Computing market is projected to grow at a 56% CAGR (Compound Annual Growth Rate)."
Statistic 5
"The United States is the largest shareholder in the Quantum Computing market with 50% share."
Statistic 6
"Quantum Computing could create value of up to $850 billion in the next two decades."
Statistic 7
"Europe and Asia-Pacific are expected to witness a significant growth in Quantum Computing market with CAGRs of 27.6% and 29.4% respectively."
Statistic 8
"China dominates in terms of patent filings for Quantum Computing applications, filing over 492 patents."
Statistic 9
"The Chinese government has invested $10 billion into a national quantum research lab."
Statistic 10
"Quantum Computing market in India is expected to grow at a CAGR of 33.9% during 2020-2025."
Statistic 11
"From 2015 to 2020, quantum technology companies raised over $1 billion in venture capital funding."
Statistic 12
"South Korea aims to operate a 128-qubit quantum computer by 2024."
Statistic 13
"The US government has invested over $1.2 billion into quantum research through the National Quantum Initiative Act."
Statistic 14
"By 2024, the semiconductor industry could potentially reap up to $2 billion in revenue from products enabled by quantum computing technologies."
Statistic 15
"In 2021, IBM revealed its quantum development roadmap, aiming to reach 1,121 qubits by 2023."
Statistic 16
"In 2020, private investments into quantum computing hit an all-time high of $845 million."
Interpretation
The statistics presented point to a significant and rapid growth in the Quantum Computing industry, with substantial investments, market value projections, and technological advancements. Major players like Microsoft, IBM, and Google are leading the way, while countries like the United States and China are heavily involved in research, investments, and patent filings. The potential economic impact of Quantum Computing is substantial, with estimates suggesting market values in the billions and the creation of significant value over the next two decades. As the industry continues to evolve and expand, it is clear that Quantum Computing is poised to revolutionize various sectors and drive innovation in the years to come.
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
Sources
researchandmarkets.com
nature.com
reportlinker.com
techrepublic.com
psmarketresearch.com
ibm.com
semanticscholar.org
mckinsey.com
quantaneo.com
blog.technavio.com
newsroom.ibm.com
insidequantumtechnology.com
prnewswire.com
cnbctv18.com
asianews.network
aithority.com
6wresearch.com
WifiTalents, cited April 2024: Quantum Computing Industry
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