Quantum Computing Market Anticipated to Grow at a CAGRof ~25% from 2019 to 2030

Market Industry Reports (MIR) has published a new report titled “Quantum Computing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global quantum computing marketing estimated to account for ~ US$ 3.98 billion in 2019. It is anticipated to grow at a CAGRof ~25% from 2019 to 2030.

Quantum Computing Market Prominent Players:
he prominent players in the global quantum computing market include IBM, Intel Corporation, Google, Microsoft Corporation, D-Wave Systems Inc., IonQ, Inc., 1QB Information Technologies Inc., Xanadu, ID Quantique, and Rigetti & Co, Inc., among others.
Get Access to sample Pages @ https://www.marketindustryreports.com/pdf/139
Driving Factors:
The global quantum computing market is driven by factors such as better cyber security when compared with traditional cyber security solutions. As multiple codes are available in quantum computing, the ability to break these encrypted codes becomes more difficult. IBM, Google, Intel, and others are using quantum computing concepts to improvise their cyber security. Moreover, to solve certain complex computational problems, quantum systems are required, that can supersede today’s computers in terms of power & speed. Commonly used computers lack parallelism and entanglement concepts of quantum physics & mechanics. On the other hand, the use of multiple bits in quantum computing leads to more stability and speed.
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Market Segmentation:
Quantum Computing Market By Component
Hardware, software, and services.
Quantum Computing Market By Deployment Mode
On-premise and cloud.
Quantum Computing Market By ApplicationOptimization, simulation, and sampling.
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