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North America Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution, By Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

Published Date : 29-Mar-2024

Pages: 124

Formats: PDF

The North America Cloud-based Quantum Computing Market would witness market growth of 19.2% CAGR during the forecast period (2023-2030).

The US market dominated the North America Cloud-based Quantum Computing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $610.2 million by 2030. The Canada market is experiencing a CAGR of 21.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 20.8% during (2023 - 2030).

North America Cloud-based Quantum Computing Market

The technological landscape is undergoing a revolutionary transformation propelled by the promise of quantum computing. The emergence of cloud-based computing plays a leading role in this paradigm transition. Quantum computing is positioned to bring about a paradigm shift in various sectors and address intricate challenges that traditional computers cannot surmount, owing to its exceptional computational capabilities governed by the principles of quantum mechanics. Integrating quantum computing into cloud services heralds a new era, democratizing access to quantum resources and accelerating innovation across diverse sectors.

Additionally, the evolution of quantum computing as a service model, commonly known as Quantum as a Service (QaaS), has been a pivotal enabler for cloud-based computing. QaaS allows users to access quantum resources, experiment with quantum algorithms, and integrate quantum capabilities into their workflows through cloud platforms. Leading cloud service providers, including IBM, Microsoft, Google, and Amazon, have embarked on the QaaS journey, making quantum resources available on a pay-as-you-go basis.

Mexico has become a key player in the automotive industry, attracting major manufacturers and contributing significantly to the production of vehicles and automotive components. Quantum computing can accelerate materials science research in the automotive sector. As per the data from the International Trade Administration, Mexico ranks the seventh-largest producer, with an annual production of 3.5 million passenger vehicles. Out of the total number of vehicles manufactured in Mexico, 88 percent are exported, with 76 percent being allocated to the United States. Hence, North America's rising automotive and BFSI sectors will boost the demand for this market in the region.

Free Valuable Insights: The Cloud-based Quantum Computing Market is Predict to reach USD 2.1 Billion by 2030, at a CAGR of 19.9%

Based on Solution, the market is segmented into Software, and Services. Based on Technology, the market is segmented into Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others. Based on Application, the market is segmented into Optimization, Simulation & Modelling, Sampling, and Others. Based on Vertical, the market is segmented into BFSI, Healthcare, Automotive, Energy & Power, Aerospace & Defense, Government, Chemical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Baidu, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Terra Quantum AG
  • SpinQ Technology Co., Ltd.
  • QpiCloud Techonologies
  • CERN

North America Cloud-based Quantum Computing Market Report Segmentation

By Solution

  • Software
  • Services

By Technology

  • Superconducting Qubits
  • Trapped Ions
  • Quantum Annealing
  • Others

By Application

  • Optimization
  • Simulation & Modelling
  • Sampling
  • Others

By Vertical

  • BFSI
  • Healthcare
  • Automotive
  • Energy & Power
  • Aerospace & Defense
  • Government
  • Chemical
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud-based Quantum Computing Market, by Solution
1.4.2 North America Cloud-based Quantum Computing Market, by Technology
1.4.3 North America Cloud-based Quantum Computing Market, by Application
1.4.4 North America Cloud-based Quantum Computing Market, by Vertical
1.4.5 North America Cloud-based Quantum Computing Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Cloud-based Quantum Computing Market

Chapter 5. North America Cloud-based Quantum Computing Market by Solution
5.1 North America Software Market by Region
5.2 North America Services Market by Region

Chapter 6. North America Cloud-based Quantum Computing Market by Technology
6.1 North America Superconducting Qubits Market by Country
6.2 North America Trapped Ions Market by Country
6.3 North America Quantum Annealing Market by Country
6.4 North America Others Market by Country

Chapter 7. North America Cloud-based Quantum Computing Market by Application
7.1 North America Optimization Market by Country
7.2 North America Simulation & Modelling Market by Country
7.3 North America Sampling Market by Country
7.4 North America Others Market by Country

Chapter 8. North America Cloud-based Quantum Computing Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America Healthcare Market by Country
8.3 North America Automotive Market by Country
8.4 North America Energy & Power Market by Country
8.5 North America Aerospace & Defense Market by Country
8.6 North America Government Market by Country
8.7 North America Chemical Market by Country
8.8 North America Others Market by Country

Chapter 9. North America Cloud-based Quantum Computing Market by Country
9.1 US Cloud-based Quantum Computing Market
9.1.1 US Cloud-based Quantum Computing Market by Solution
9.1.2 US Cloud-based Quantum Computing Market by Technology
9.1.3 US Cloud-based Quantum Computing Market by Application
9.1.4 US Cloud-based Quantum Computing Market by Vertical
9.2 Canada Cloud-based Quantum Computing Market
9.2.1 Canada Cloud-based Quantum Computing Market by Solution
9.2.2 Canada Cloud-based Quantum Computing Market by Technology
9.2.3 Canada Cloud-based Quantum Computing Market by Application
9.2.4 Canada Cloud-based Quantum Computing Market by Vertical
9.3 Mexico Cloud-based Quantum Computing Market
9.3.1 Mexico Cloud-based Quantum Computing Market by Solution
9.3.2 Mexico Cloud-based Quantum Computing Market by Technology
9.3.3 Mexico Cloud-based Quantum Computing Market by Application
9.3.4 Mexico Cloud-based Quantum Computing Market by Vertical
9.4 Rest of North America Cloud-based Quantum Computing Market
9.4.1 Rest of North America Cloud-based Quantum Computing Market by Solution
9.4.2 Rest of North America Cloud-based Quantum Computing Market by Technology
9.4.3 Rest of North America Cloud-based Quantum Computing Market by Application
9.4.4 Rest of North America Cloud-based Quantum Computing Market by Vertical

Chapter 10. Company Profiles
10.1 Google LLC (Alphabet Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Geographical Expansions:
10.3.6 SWOT Analysis
10.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Geographical Expansions:
10.4.5 SWOT Analysis
10.5 Baidu, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Terra Quantum AG
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Geographical Expansions:
10.7.3 SWOT Analysis
10.8 SpinQ Technology Co., Ltd.
10.8.1 Company Overview
10.9 QpiCloud Techonologies
10.9.1 Company Overview
10.10. CERN
10.10.1 Company Overview
10.10.2 SWOT Analysis
TABLE 1 North America Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 2 North America Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 3 North America Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 4 North America Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 5 North America Software Market by Region, 2019 - 2022, USD Million
TABLE 6 North America Software Market by Region, 2023 - 2030, USD Million
TABLE 7 North America Services Market by Region, 2019 - 2022, USD Million
TABLE 8 North America Services Market by Region, 2023 - 2030, USD Million
TABLE 9 North America Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 10 North America Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 11 North America Superconducting Qubits Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Superconducting Qubits Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Trapped Ions Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Trapped Ions Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Quantum Annealing Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Quantum Annealing Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 20 North America Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 21 North America Optimization Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Optimization Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Simulation & Modelling Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Simulation & Modelling Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Sampling Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Sampling Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 30 North America Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 31 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 32 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Government Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Government Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Chemical Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Chemical Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Cloud-based Quantum Computing Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Cloud-based Quantum Computing Market by Country, 2023 - 2030, USD Million
TABLE 49 US Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 50 US Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 51 US Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 52 US Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 53 US Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 54 US Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 55 US Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 56 US Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 57 US Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 58 US Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 59 Canada Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 60 Canada Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 61 Canada Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 62 Canada Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 63 Canada Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 64 Canada Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 65 Canada Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 66 Canada Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 67 Canada Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 68 Canada Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 69 Mexico Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 70 Mexico Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 71 Mexico Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 72 Mexico Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 73 Mexico Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 74 Mexico Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 75 Mexico Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 76 Mexico Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 77 Mexico Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 78 Mexico Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 79 Rest of North America Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 80 Rest of North America Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 81 Rest of North America Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 82 Rest of North America Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 83 Rest of North America Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 84 Rest of North America Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 85 Rest of North America Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of North America Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 87 Rest of North America Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 88 Rest of North America Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 89 Key Information – Google LLC
TABLE 90 Key Information – Microsoft Corporation
TABLE 91 Key Information – IBM Corporation
TABLE 92 Key Information – Amazon Web Services, Inc.
TABLE 93 Key Information – Baidu, Inc.
TABLE 94 Key Information – Huawei Technologies Co., Ltd.
TABLE 95 Key Information – Terra Quantum AG
TABLE 96 Key Information –SpinQ Technology Co., Ltd.
TABLE 97 Key Information – QpiCloud Techonologies
TABLE 98 Key Information – CERN

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cloud-based Quantum Computing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Cloud-based Quantum Computing Market
FIG 4 Porter’s Five Forces Analysis - Cloud-based Quantum Computing Market
FIG 5 North America Cloud-based Quantum Computing Market share by Solution, 2022
FIG 6 North America Cloud-based Quantum Computing Market share by Solution, 2030
FIG 7 North America Cloud-based Quantum Computing Market by Solution, 2019 - 2030, USD Million
FIG 8 North America Cloud-based Quantum Computing Market share by Technology, 2022
FIG 9 North America Cloud-based Quantum Computing Market share by Technology, 2030
FIG 10 North America Cloud-based Quantum Computing Market by Technology, 2019 - 2030, USD Million
FIG 11 North America Cloud-based Quantum Computing Market share by Application, 2022
FIG 12 North America Cloud-based Quantum Computing Market share by Application, 2030
FIG 13 North America Cloud-based Quantum Computing Market by Application, 2019 - 2030, USD Million
FIG 14 North America Cloud-based Quantum Computing Market share by Vertical, 2022
FIG 15 North America Cloud-based Quantum Computing Market share by Vertical, 2030
FIG 16 North America Cloud-based Quantum Computing Market by Vertical, 2019 - 2030, USD Million
FIG 17 North America Cloud-based Quantum Computing Market share by Country, 2022
FIG 18 North America Cloud-based Quantum Computing Market share by Country, 2030
FIG 19 North America Cloud-based Quantum Computing Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Google LLC
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 Swot Analysis: IBM Corporation
FIG 23 SWOT analysis: Amazon Web Services, Inc.
FIG 24 SWOT Analysis: Baidu, Inc.
FIG 25 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 26 SWOT Analysis: Terra Quantum AG
FIG 27 SWOT Analysis: CERN

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