Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024


Publication: February 2018, Pages: 272, Tables & Figures: 33

Quantum Computing Applications in 55 Market Sectors

The “Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024” report includes detailed business opportunities data in 55 market sectors:

  1. Search Engines
  2. Business Intelligence
  3. Software/Hardware Validation and Verification
  4. Image and Pattern Recognition
  5. National Security Intelligence
  6. Defense
  7. Public Safety
  8. Homeland Security
  9. Government & Public Services
  10. Banking & Financial Services
  11. Financial Electronic Trading & Trading Strategies
  12. Smart Manufacturing & Logistics
  13. Mission Planning/Scheduling and Logistics
  14. Insurance
  15. Medical Diagnostics
  16. Medical Treatments
  17. Pharmacology
  18. Protein Folding
  19. Retail & Wholesale
  20. Information Technology Industry
  21. Telecommunication
  22. Automotive & Transportation
  23. Aerospace
  24. Energy & Utilities
  25. Energy Systems & Photovoltaics
  26. Energy Exploration
  27. Web, Media & Entertainment
  28. Smart Cities
  1. Cybersecurity
  2. Quantum Computing Systems
  3. Quantum Computing Software
  4. Quantum Computing as a Service on the Cloud
  5. Academia & National Labs
  6. Graph Theory Problems
  7. Material Science
  8. Marine Science
  1. Bioinformatics
  1. Climate Modeling & Weather Predictions
  1. Seismic Survey
  1. Risk Management
  2. Simulation
  3. Video Compression
  4. Quantum Cryptography
  5. Post-quantum Cryptography
  6. Optimization Problems
  7. Quantum-Assisted Optimization
  8. Reservoir Optimization Applications
  9. Utilities Management Optimization
  10. Quantum Machine Learning
  11. Quantum Reinforcement Learning
  12. Big Data & Predictive Analytics
  13. Material Science
  14. Quantum Sampling
  15. Quantum Chemistry
  16. Monte Carlo Simulation



Advances in quantum computer design, fault-tolerant algorithms and new fabrication technologies are now transforming this “holy grail” technology into a realistic program poised to surpass traditional computation in some applications. With these new developments, the question companies are asking is not whether there will be a quantum computer, but who will build it and benefit from it. Realizing quantum computing capability demands that hardware efforts would be augmented by the development of quantum software to obtain optimized quantum algorithms able to solve application problems of interest.

Quantum Computing Technologies & Global Market - 2017-2024

Quantum Computing Will Transform Almost Every Aspect of our Technology, Science, Economy & Life
(Sources – World Economic Forum, HSRC)

Due to economic interest and the “decline of Moore’s law” of computational scaling, eighteen of the world’s biggest corporations (see image above) and dozens of government agencies are working on quantum processor technologies and/or quantum software or partnering with the quantum industry startups like D-Wave. The main contenders in this race are IBM, Intel, Microsoft and Google. Near-term expectations for quantum computing range from solving optimization problems, quantum-encrypted communications, artificial intelligence, smart manufacturing & logistics and smart retail, to quantum computing services in the cloud and molecular structure research.
 Smaller quantum computers will make other contributions to industry (energy, logistics etc.), defense and national security intelligence markets, as well as other markets spanning from drug design to finance.

Even simple quantum computers can tackle classes of problems that choke conventional machines, such as optimizing trading strategies or pulling promising drug candidates from scientific literature.
IT multinationals, such as IBM, Intel, Microsoft and others (see image below), run their own quantum computing projects. IT giants Google and Microsoft have set challenging quantum computing goals for 2018. Their ambition reflects a broader transition, taking place at start-ups and academic research labs alike: to move from pure science towards engineering.
According to the “Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024” report, the global quantum computing market (including product & services sales and government-funded RDT&E) will grow at a CAGR of 24.6% throughout 2018-2024. During 2017 Quantum Computing technologies performance has increased at an impressive rate; we forecast that 2018-2019 will experience a surge of breakthroughs.

The 272-page report is a valuable resource for executives with interests in the market. It has been explicitly customized for ICT industry managers, investors and government decision-makers to enable them to identify business opportunities, emerging applications, market trends and risks, as well as to benchmark business plans.

Questions answered in this report include:

  • What was the global quantum computing market size in 2016-2017?
  • What will the global quantum computing market size and trends be during 2018-2024?
  • Which are the quantum computing submarkets that provide attractive business opportunities?
  • What drives the customers to purchase quantum computing solutions and services?
  • What are the quantum computer applications & services trends?
  • What are the market SWOT (Strengths, Weaknesses, Opportunities and Threats)?
  • What are the challenges to the quantum computing market penetration & growth?
  • Who are the industry players?
  • How and where to invest in quantum computing industry?

Why Buy This Report?

A. Quantum computing demand side is analyzed, including 4 sectors: 

  • National Security
  • Government
  • Gov.-Funded RDT&E
  • Industry & Business Sectors

B. The report includes a detailed background of 55 quantum computing business opportunities
C. Market size data is provided for 4 regional markets:

  • North America
  • Europe
  • Asia-Pacific
  • ROW

D. National activities are presented for 24 national markets:

  1. U.S.
  2. Canada
  3. Mexico
  4. Brazil
  5. Rest of Latin America
  6. UK
  7. France
  8. The Netherlands
  9. Denmark, Sweden, Norway, Finland
  10. Germany
  11. Switzerland
  12. Russia
  1. Rest of Europe
  2. Saudi Arabia
  3. Other GCC
  4. Israel
  5. South Africa
  6. Rest of ME&A
  7. India
  8. China
  9. Japan
  10. Singapore
  11. Australia
  12. Rest of Asia Pacific

E. 41 Quantum Computing Bids, and Projects Data are provided

F. The report includes the following appendices:

Appendix A: Introduction to Quantum Computing
Appendix B: Quantum Information Technologies
Appendix C: Quantum Computing Hardware
Appendix D: Quantum Computing Software
Appendix E: Quantum Encryption
Appendix F: Global 50 Top Supercomputers
Appendix G: Industry Investment in Quantum Computing – 2006-2016
Appendix H: NQIT R&D Projects
Appendix I: Exascale Computing
Appendix J: Key Quantum Computing Patents
Appendix K: Links to 31 Quantum Computing Academic Research Centers
Appendix L: Quantum Conferences Links
Appendix M: Glossary
Appendix N: References

G. The report includes over 300 links to the Quantum Computing community information sources

H. The report provides an updated extensive data of the leading 55 Quantum Computing companies:

Agilent Technologies
Aifotec AG
Airbus Group
Alibaba Group Holding Limited
Anyon Systems, Inc
Avago Technologies
Booz Allen Hamilton
British Telecommunications (BT)
Cambridge Quantum Computing
Ciena Corporation
D Wave Systems Inc
Eagle Power Technologies, Inc
Entanglement Partners
Emcore Corporation
Enablence Technologies
Finisar Corporation
Fuijitsu Limited
Google Quantum AI Lab
H-Bar Quantum Consultants
Hewlett Packard Enterprise Company
Infinera Corporation
Intel Corporation
ID Quantique

JDS Uniphase Corporation
Kaiam Corporation
Lockheed Martin Corp.
MagiQ Technologies, Inc.
Microsoft Quantum Architectures and
Computation Group (QuArC)
Mitsubishi Electric Corp.
Nokia Bell Labs
NTT Basic Research Laboratories and
NTT Secure Platform Laboratories
QC Ware Corp.
Quantum Circuits
Quantum Hardware Inc
Quintessence Labs
Raytheon BBN
Rigetti Computing
SK Telecom
Sparrow Quantum

Table of Contents Table of Contents
Download TOC as PDF

Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024

1Executive Summary
1.1Major Findings & Conclusions
1.2Global Quantum Computing Market – 2016-2024
2Global Information Technology (IT) Market
3Quantum Computing
4Why Are Quantum Computers Attractive?
5Quantum Computing Outlook
6Quantum Supremacy
7Quantum Technologies Timeline
8Investments in Quantum Computing
9Quantum Computing Technology Roadmap
10Topological Quantum Computers
11The 2nd Quantum Revolution
12Private Sector Quantum Computing R&D Activities
13The Global Quantum Computing Race
14China – U.S. Quantum Information Leadership Race
15Government-Funded RDT&E
16Moore’s Law Outlook
17Quantum Information Bids and Projects Data
18Quantum Computing Industry SWOT Analysis
18.1Quantum Computing Industry: Strengths
18.2Quantum Computing Industry: Weaknesses
18.3Quantum Computing Industry: Opportunities
18.4Quantum Computing Industry: Threats
19Quantum Computing Value Chain
20Quantum Computing Demand Side
20.1Quantum Computing Vertical Sectors & Applications Roadmap
20.2Defense & Intelligence Quantum Computing
20.2.1National Security Intelligence
20.3Homeland Security & Public Safety Quantum Computing
20.3.1Public Safety
20.3.2Homeland Security
20.4Government & Public Services Quantum Computing
20.5Banking & Securities Quantum Computing
20.6Manufacturing & Logistics Quantum Computing
20.7Insurance Industry Quantum Computing
20.8Healthcare & Pharmaceutical Industry Quantum Computing
20.8.2Medical Diagnostics Quantum Computing
20.8.3Medical Treatments Quantum Computing
20.8.4Example: Combating Cancer
20.8.5The Folding@home Project
20.8.6Pharmacology Quantum Computing
20.8.7Protein Folding Quantum Computing
20.9Retail & Wholesale Industry Quantum Computing
20.9.1Market Background
20.1Information Technology Industry Quantum Computing
20.10.1Software Verification & Validation
20.11Telecommunications Industry Quantum Computing
20.12Automotive, Aerospace & Transportation Industry Quantum Computing
20.13Energy & Utilities Industry Quantum Computing
20.14Web, Media & Entertainment Industry Quantum Computing
20.15Smart Cities Quantum Computing
20.16Cybersecurity Quantum Computing
20.17Machine Learning
20.18Search Engines
20.19Business Intelligence
20.2Software/Hardware Validation and Verification
20.21Image and Pattern Recognition
20.22Banking & Financial Services Industries
20.23Financial Electronic Trading & Trading Strategies
20.24Retail & Wholesale Industry
20.25Energy Systems & Photovoltaics Industry
20.26Energy Exploration Industry
20.27Academia & National Labs
20.28Graph Theory Problems
20.29Material Science
20.3Marine Science
20.32Climate Modeling & Weather Predictions
20.33Seismic Survey Industry
20.34Risk Management
20.36Video Compression
20.37.1Quantum Cryptography
20.37.2Post-Quantum Cryptography
20.38QC-Based Optimization Problems
20.38.1Optimization Problems
20.38.2Quantum-Assisted Optimization
20.38.3Reservoir Optimization Applications
20.38.4Utilities Management Optimization
20.39Quantum Computing Based Machine Learning
20.39.1Quantum Machine Learning
20.39.2Quantum Reinforcement Learning
20.4Big Data & Predictive Analytics
20.41Material Science Industry
20.42Quantum Sampling
20.43Quantum Chemistry
20.44Monte Carlo Simulation
North America
21U.S. Quantum Computing
21.1U.S. Quantum Computing Background
21.1.1U.S. Government Quantum Computing
21.1.2U.S. Government Investment in Quantum Computing: Introduction
21.1.3DOD: Quantum Computing Activities, Projects & Funding
21.1.4DOE: Quantum Computing Activities, Projects & Funding
21.1.5NSA: Quantum Computing Activities, Projects & Funding
21.1.6IARPA: Quantum Computing Activities, Projects & Funding
21.1.7NIST: Quantum Computing Activities, Projects & Funding
21.1.8NSF: Quantum Computing Activities, Projects & Funding
21.1.9U.S.A. Supercomputing Race
21.1.10Federal Quantum Computing Outlook - 2018-2024
21.1.11U.S. Private Sector Quantum Computing Background
21.1.12U.S. Quantum Computing RDT&E
21.2The U.S.-Chinese, Quantum Technology Race
21.2.2U.S. Strategic Considerations
21.2.3Quantum Encryption and Communication Race
21.2.4The Quantum Sensing Race
22Canada Quantum Computing
22.1Canada Quantum Computing Background
23EU Quantum Computing Industry & R&D Activities
23.2EU Research Frameworks
23.3European Commission Future & Emerging Technologies Program QC Activities
23.3.2The EU Cloud Initiative
23.3.3The EU Quantum Technology Flagship
23.3.4The EU Quantum Technology Program
23.4The EU Quantum Computing Industry Program
24UK Quantum Computing
24.1UK Quantum Computing Background
25France Quantum Computing
25.1France Quantum Computing Activities
25.1.1France QC National Network
25.1.2Quantum Computation in France
25.1.3Quantum Group
25.1.4Atos SE
25.1.5IBM France
25.1.6Paris Centre for Quantum Computing
26Netherlands Quantum Computing
26.1Netherlands Quantum Computing Activities
27Denmark, Sweden, Norway, Finland Quantum Computing
27.1Denmark, Sweden, Norway, Finland Quantum Computing Activities
28Germany Quantum Computing
28.1Germany Quantum Computing Activities
29Russia Quantum Computing
29.1Russia Quantum Computing Activities
30India Quantum Computing
30.1India Quantum Computing Background
31China Quantum Computing
31.1China Quantum Computing Background
31.1.1Quantum Information in China
31.1.2Government-Funded RDT&E
31.1.3Made in China 2025 Program
31.1.4Chinese Quantum Computing Advances
31.1.5PRC’s Quantum Cryptography and Communications
31.1.6PRC Quantum Sensing Programs
31.1.7China-U.S. Quantum Information Race
31.1.8Limitations of the U.S. Quantum Information Programs
31.1.9U.S. vs. Chinese Intellectual Property (IP) Race
31.1.10China Supercomputing Lead
32Japan Quantum Computing
32.1Japan Quantum Computing Activities
33Singapore Quantum Computing
33.1Singapore Quantum Computing Activities
34Australia Quantum Computing
34.1Australia Quantum Computing Activities
Latin America & MEA
35Brazil Quantum Computing
35.1Brazil Quantum Computing Activities
36GCC Quantum Computing
36.1Market Background
36.2GCC Quantum Computing Activities
37Israel Quantum Computing
37.1Israel Quantum Computing Activities
38Quantum Computing Startups
39Quantum Computing Companies
39.1.1Company Profile
39.1.2Quantum Computing Activities
39.2Agilent Technologies
39.2.1Company Profile
39.2.2Quantum Computing Activities
39.3Aifotec AG
39.3.1Company Profile
39.3.2Quantum Computing Activities
39.4Airbus Group
39.4.1Company Profile
39.4.2Quantum Computing Activities
39.5.1Company Profile
39.5.2Quantum Computing Activities
39.6Alibaba Group Holding Limited
39.6.1Company Profile
39.6.2Quantum Computing Activities
39.7Anyon Systems, Inc
39.7.1Company Profile
39.7.2Quantum Computing Activities
39.8.1Company Profile
39.8.2Quantum Computing Activities
39.9Avago Technologies
39.1Booz Allen Hamilton
39.10.1Company Profile
39.10.2Quantum Computing Activities
39.11British Telecommunications (BT)
39.11.1Company Profile
39.11.2Quantum Computing Activities
39.12Cambridge Quantum Computing Limited
39.12.1Company Profile
39.12.2Quantum Computing Activities
39.13Ciena Corporation
39.13.1Company Profile
39.13.2Quantum Computing Activities
39.14.1Company Profile
39.14.2Quantum Computing Activities
39.15D-Wave Systems Inc
39.15.1Company Overview
39.15.2Quantum Computing Activities
39.16Eagle Power Technologies, Inc
39.16.1Company Profile
39.16.2Quantum Computing Activities
39.17Emcore Corporation
39.17.1Company Profile
39.17.2Quantum Computing Activities
39.18Enablence Technologies
39.18.1Company Profile
39.18.2Quantum Computing Activities
39.19Entanglement Partners
39.2Fathom Computing
39.20.1Company Profile
39.20.2Quantum Computing Activities
39.21Finisar Corporation
39.22Fujitsu Limited
39.22.1Company Profile
39.22.2Quantum Computing Activities
39.23Google Quantum AI Lab
39.23.1Company Profile
39.23.2Quantum Computing Activities
39.24H-Bar Quantum Consultants
39.25Hewlett Packard Enterprise Company
39.25.1Company Profile
39.25.2Quantum Computing Activities
39.26.1Company Profile
39.26.2Quantum Computing Activities
39.27ID Quantique
39.27.1Company Profile
39.27.2Quantum Computing Activities
39.28Infinera Corporation
39.28.1Company Profile
39.28.2Quantum Computing Activities
39.29Intel Corp.
39.29.1Company Profile
39.29.2Quantum Computing Activities
39.30.1Company Profile
39.30.2Quantum Computing Activities
39.31JDS Uniphase Corporation
39.32Kaiam Corporation
39.32.1Company Profile
39.32.2Quantum Computing Activities
39.33Lockheed Martin Corp.
39.33.1Company Profile
39.33.2Quantum Computing Activities
39.34MagiQ Technologies, Inc.
39.34.1Company Profile
39.34.2Quantum Computing Activities
39.35Microsoft Quantum Architectures and Computation Group (QuArC)
39.35.1Company Profile
39.35.2Quantum Computing Activities
39.36Mitsubishi Electric Corp.
39.36.1Company Profile
39.36.2Quantum Computing Activities
39.37.1Company Profile
39.37.2Quantum Computing Activities
39.38Nokia Bell Labs
39.38.1Company Profile
39.38.2Quantum Computing Activities
39.39NTT Basic Research Laboratories & NTT Secure Platform Laboratories
39.39.1Company Profile
39.39.2Quantum Computing Activities
39.4Optalysys Ltd.
39.40.1Company Profile
39.40.2Quantum Computing Activities
39.41.1Company Profile
39.41.2Quantum Computing Activities
39.42.1Company Profile
39.42.2Quantum Computing Activities
39.43QC Ware Corp.
39.43.1Company Profile
39.43.2Quantum Computing Activities
39.44Quantum Circuits
39.44.1Company Profile
39.45Quantum Hardware Inc
39.45.1Company Profile
39.45.2Quantum Computing Activities
39.46.1Company Profile
39.46.2Quantum Computing Activities
39.47.1Company Profile
39.47.2Quantum Computing Activities
39.48Quintessence Labs
39.48.1Company Profile
39.48.2Quantum Computing Activities
39.5Raytheon BBN
39.50.1Company Profile
39.50.2Quantum Computing Activities
39.51Rigetti Computing
39.51.1Company Profile
39.51.2Quantum Computing Activities
39.53SK Telecom
39.53.1Company Profile
39.53.2Quantum Computing Activities
39.54Sparrow Quantum
39.54.1Company Profile
39.54.2Quantum Computing Activities
39.55.1Company Profile
39.55.2Quantum Computing Activities
40Appendix A: Introduction to Quantum Computing
40.2.1Ion-based Qubits
40.2.2Superconducting Qubits
40.2.3Solid-State Spin Qubits
41Appendix B: Quantum Information Technologies
41.1Quantum Information
41.2Shared Principles
41.3Quantum Computing
41.4Quantum Cryptography:
41.5Quantum Sensing
42Appendix C: Quantum Computing Hardware
43Appendix D: Quantum Computing Software
43.1Introduction to Quantum Algorithms
44Appendix E: Quantum Encryption
44.2Key Findings
44.3Spooks Reacting at a Distance
45Appendix F: Global 50 Top Supercomputers
46Appendix G: Industry Investment in Quantum Computing – 2006-2016
47Appendix H: NQIT R&D Projects
47.2Architectures, Standards and Systems Integration
47.3Ion Trap Node Engineering
47.4Atom-photon Interfaces
47.5Photonic Network Engineering
47.6Solid State Node Engineering
47.7Secure Communications and Verification
47.8Networked Quantum Sensors
47.9Quantum Digital Simulation
47.1Hybrid Classical/Quantum Computing
47.11Capabilities and Support
48Appendix I: Exascale Computing
48.1Exascale Computing Definition
48.2U.S. Exascale Computing Activities
48.3China Exascale Computing Activities
48.4EU Exascale Computing Activities
48.5Japan Exascale Computing Activities
48.6India Exascale Computing Activities
48.7Exascale Computing Challenges
49Appendix J: Key Quantum Computing Patents
49.1Patents List
49.2Quantum Computing Patent Filing by Country
50Appendix K: Links to 31 Quantum Computing Academic Research Centers
51Appendix L: 2017 Quantum Conferences Links
52Appendix M: Glossary
53Appendix N: References
54Scope & Methodology
54.1Research Scope
54.2Research Methodology
55Disclaimer & Copyright
Figures/Tables Tables

[Click here for Figures]

Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024

Table 1 Global Quantum Computing Market* [$M] by Region – 2016-2024
Table 2 Global Quantum Computing Market* AGRs [%] by Region – 2016-2024
Table 3 The Global IT Market [$B] & Market Share [%] By Revenue Source – 2017
Table 4 Global IT Market Share [%] By Region – 2016
Table 5 Global IT Market [$B] By Industry – 2016
Table 6 Quantum Computing Investment by Investor
Table 7 Government-Funded RDT&E by Country – 2016
Table 8 Quantum Information 2014-2017 Bids and Projects
Table 9 European Quantum Technology Program Expected Applications
Table 10 Startup Quantum Computing Companies
Table 11 Commercial Investment in Quantum Computing – 2006-2016


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Quantum Computing Industry, Technologies & Business Opportunities – 2018-2024

Figure 1 Quantum Computing Applications Organogram
Figure 2 Three Types of Quantum Computing and Applications
Figure 3 TNO Quantum Technologies Timeline Outlook – 2015-2035
Figure 4 Quantum Computing Technology Roadmap
Figure 5 Leading IT Companies and Defense Contractors Investing in Quantum Computing
Figure 6 Leading Quantum Computing Companies Technology Approaches
Figure 7 Quantum Computing, Patent Applications by Country to 2015
Figure 8 Quantum Patent Applications Timeline 2000-2015
Figure 9 Quantum Computing: Vertical Sectors & Applications Roadmap
Figure 10 QC Promises to Aerospace Activities
Figure 11 The UK QC Research Hubs
Figure 12 QuTech Focus Areas
Figure 13 Dutch Quantum Computing Research Centers
Figure 14 The Dutch 2016-2022 H2020 QC Research Program
Figure 15 China Quantum Computing, Patent Applications Status
Figure 16 China Quantum Patent Applications Timeline Vs. The U.S. Japan, Europe & Korea
Figure 17 Quantum Computing Investor – Company Relationship
Figure 18 Qubit Explanation
Figure 19 Quantum Entanglement
Figure 20 Control Systems for the Ion-Trap System
Figure 21 Quantum Computing, Quantum Cryptography and Sensors Quantum Patent Applications by Country 2000 to 2015
Figure 22 Patent Applications by Country – 2000-2015
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