Global Quantum Computing Market: Key Highlights
Global Quantum Computing Market: Key Market Dynamics
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Global Quantum Computing Market: Regional Overview
The region is witness to create a major role of the adoption of the quantum computing market in the projected period. Whereas, rising adoption of quantum technology from banking and defense sectors in countries in the region is a major factor projected to boost growth of the region quantum computing market during the forecast period. Moreover, the region would be the fastest growing field for quantum computing.
Hence, these trend will lead to boost the quantum computing market in the projected period.
The region is expected to play a major role for the growth and developments of the quantum computing market in the forecast period. Whereas, North America are projected to lead due to the growing government investment in the field of quantum computing. Moreover, the US and Canada are technologically advanced countries, which is enabling a faster of adoption quantum computing tools in the region.
Hence, the region quantum computing market will witness substantial growth in the forecast period. Also the investment portfolio for R&D both private as well as public is also reflecting favorably on the market in the region.
Global Quantum Computing Market: Key Players Overview
D-Wave Systems, Inc. is a Canadian quantum computing company, which is the world first company to sell computers to exploit quantum effects in their operation. Whereas, in 2018, D-Wave has partnered with Denso Corporation, where Denso will use a D-Wave 2000Q system to enhance the efficiency of their automated guided vehicle (AGV) routing in their factories. Moreover, D-Wave systems use a process called quantum annealing to search for solutions to a problem.
International Business Machines Corporation is an American multinational technology company. In 2018, QxBranch Inc. and IBM partnered to further develop quantum computing. Also, this will provide QXBranch with an opportunity to develop and validate commercial applications for business and government. Hence, IBM Quantum is an industry which has first initiative to build universal quantum computers for business, engineering and science.
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