The North America Enterprise Quantum Computing Market would witness market growth of 23.1% CAGR during the forecast period (2022-2028).
Over the next ten years, quantum computing is expected to change a number of business sectors, including banking, health, machine learning, and artificial intelligence. Money invested by investors, governments, and businesses pursuing total quantum dominance is the major driver of quantum computer advancements.
Advanced cryptography is where quantum computing is most often used. It is impossible to crack encryption that makes use of extremely big prime number factorization (300+ integers) using the common machines we use today. This decryption might be made simple with quantum computers, providing considerably greater safety for our digital lives and possessions. Quantum technology may make it possible to simulate considerably more intricate computer situations, such as those seen in aviation. Significant time and financial advantages for businesses come from assisting with aircraft scheduling and routing.
Businesses will be able to better optimize their investment plans, enhance encryption, find new goods, and do a lot more owing to quantum computing. Quantum research is now receiving enormous amounts of funding, private sector competitiveness, and mathematical and scientific skill.
In 2022, the United States allocated around $293 million to QIS (Quantum Information Science) research and development. The National Quantum Initiative Act, which was passed into law in 2018, is responsible for a large portion of the budget growth. This includes the National Institute of Standards and Technology's creation of quantum consortia and the National Science Foundation's development of Quantum Leap Challenge Institutes.
The US market dominated the North America Enterprise Quantum Computing Market by Country in 2021; thereby, achieving a market value of $1,732.6 million by 2028. The Canada market is anticipated to grow at a CAGR of 25.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 24.8% during (2022 - 2028).
Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Technology, the market is segmented into Superconducting, Quantum Annealing, Trapped ion, Quantum dot and Others. Based on Application, the market is segmented into Cyber security, Machine Learning/Deep Learning/AI, Simulation & Data Modelling, Optimization and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Aerospace & Defense, Energy & Utilities, Healthcare & Life Sciences, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Enterprise Quantum Computing Market is Predict to reach $6.4 Billion by 2028, at a CAGR of 24.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alibaba Group Holding Limited, D-Wave Systems Inc., Google Llc, Huawei Technologies Co. Ltd., Id Quantique, Intel Corporation, IBM Corporation, Microsoft Corporation, Rigetti & Co, Inc., and Toshiba Corporation
Scope of the Study
Market Segments Covered in the Report:
By Deployment Mode
By Technology
- Superconducting
- Quantum Annealing
- Trapped ion
- Quantum dot
- Others
By Application
- Cyber security
- Machine Learning/Deep Learning/AI
- Simulation & Data Modelling
- Optimization
- Others
By Component
- Hardware
- Software
- Services
By Vertical
- BFSI
- Telecom & IT
- Aerospace & Defense
- Energy & Utilities
- Healthcare & Life Sciences
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Alibaba Group Holding Limited
- D-Wave Systems Inc.
- Google Llc
- Huawei Technologies Co. Ltd.
- Id Quantique
- Intel Corporation
- IBM Corporation
- Microsoft Corporation
- Rigetti & Co, Inc.
- Toshiba Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise Quantum Computing Market, by Deployment Mode
1.4.2 North America Enterprise Quantum Computing Market, by Technology
1.4.3 North America Enterprise Quantum Computing Market, by Application
1.4.4 North America Enterprise Quantum Computing Market, by Component
1.4.5 North America Enterprise Quantum Computing Market, by Vertical
1.4.6 North America Enterprise Quantum Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, Nov) Leading Players
Chapter 4. North America Enterprise Quantum Computing Market by Deployment Mode
4.1 North America On-premises Market by Country
4.2 North America Cloud Market by Country
Chapter 5. North America Enterprise Quantum Computing Market by Technology
5.1 North America Superconducting Market by Country
5.2 North America Quantum Annealing Market by Country
5.3 North America Trapped ion Market by Country
5.4 North America Quantum dot Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Enterprise Quantum Computing Market by Application
6.1 North America Cyber security Market by Country
6.2 North America Machine Learning/Deep Learning/AI Market by Country
6.3 North America Simulation & Data Modelling Market by Country
6.4 North America Optimization Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Enterprise Quantum Computing Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Enterprise Quantum Computing Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America Telecom & IT Market by Country
8.3 North America Aerospace & Defense Market by Country
8.4 North America Energy & Utilities Market by Country
8.5 North America Healthcare & Life Sciences Market by Country
8.6 North America Manufacturing Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Enterprise Quantum Computing Market by Country
9.1 US Enterprise Quantum Computing Market
9.1.1 US Enterprise Quantum Computing Market by Deployment Mode
9.1.2 US Enterprise Quantum Computing Market by Technology
9.1.3 US Enterprise Quantum Computing Market by Application
9.1.4 US Enterprise Quantum Computing Market by Component
9.1.5 US Enterprise Quantum Computing Market by Vertical
9.2 Canada Enterprise Quantum Computing Market
9.2.1 Canada Enterprise Quantum Computing Market by Deployment Mode
9.2.2 Canada Enterprise Quantum Computing Market by Technology
9.2.3 Canada Enterprise Quantum Computing Market by Application
9.2.4 Canada Enterprise Quantum Computing Market by Component
9.2.5 Canada Enterprise Quantum Computing Market by Vertical
9.3 Mexico Enterprise Quantum Computing Market
9.3.1 Mexico Enterprise Quantum Computing Market by Deployment Mode
9.3.2 Mexico Enterprise Quantum Computing Market by Technology
9.3.3 Mexico Enterprise Quantum Computing Market by Application
9.3.4 Mexico Enterprise Quantum Computing Market by Component
9.3.5 Mexico Enterprise Quantum Computing Market by Vertical
9.4 Rest of North America Enterprise Quantum Computing Market
9.4.1 Rest of North America Enterprise Quantum Computing Market by Deployment Mode
9.4.2 Rest of North America Enterprise Quantum Computing Market by Technology
9.4.3 Rest of North America Enterprise Quantum Computing Market by Application
9.4.4 Rest of North America Enterprise Quantum Computing Market by Component
9.4.5 Rest of North America Enterprise Quantum Computing Market by Vertical
Chapter 10. Company Profiles
10.1 Google LLC
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 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Intel Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Toshiba Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research and Development Expense
10.5.5 SWOT Analysis
10.6 Alibaba Group Holding Limited
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Partnerships, Collaborations, and Agreements:
10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 D-Wave Systems Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 ID Quantique SA
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.10. Rigetti & Co, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Enterprise Quantum Computing Market, 2018 - 2021, USD Million
TABLE 2 North America Enterprise Quantum Computing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Enterprise Quantum Computing Market
TABLE 4 Product Launches And Product Expansions– Enterprise Quantum Computing Market
TABLE 5 Acquisition and Mergers– Enterprise Quantum Computing Market
TABLE 6 North America Enterprise Quantum Computing Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 7 North America Enterprise Quantum Computing Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 8 North America On-premises Market by Country, 2018 - 2021, USD Million
TABLE 9 North America On-premises Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Enterprise Quantum Computing Market by Technology, 2018 - 2021, USD Million
TABLE 13 North America Enterprise Quantum Computing Market by Technology, 2022 - 2028, USD Million
TABLE 14 North America Superconducting Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Superconducting Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Quantum Annealing Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Quantum Annealing Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Trapped ion Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Trapped ion Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Quantum dot Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Quantum dot Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Enterprise Quantum Computing Market by Application, 2018 - 2021, USD Million
TABLE 25 North America Enterprise Quantum Computing Market by Application, 2022 - 2028, USD Million
TABLE 26 North America Cyber security Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Cyber security Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Machine Learning/Deep Learning/AI Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Machine Learning/Deep Learning/AI Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Simulation & Data Modelling Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Simulation & Data Modelling Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Optimization Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Optimization Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Enterprise Quantum Computing Market by Component, 2018 - 2021, USD Million
TABLE 37 North America Enterprise Quantum Computing Market by Component, 2022 - 2028, USD Million
TABLE 38 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Enterprise Quantum Computing Market by Vertical, 2018 - 2021, USD Million
TABLE 45 North America Enterprise Quantum Computing Market by Vertical, 2022 - 2028, USD Million
TABLE 46 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 47 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 54 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 55 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 56 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 57 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 58 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 59 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 60 North America Enterprise Quantum Computing Market by Country, 2018 - 2021, USD Million
TABLE 61 North America Enterprise Quantum Computing Market by Country, 2022 - 2028, USD Million
TABLE 62 US Enterprise Quantum Computing Market, 2018 - 2021, USD Million
TABLE 63 US Enterprise Quantum Computing Market, 2022 - 2028, USD Million
TABLE 64 US Enterprise Quantum Computing Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 65 US Enterprise Quantum Computing Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 66 US Enterprise Quantum Computing Market by Technology, 2018 - 2021, USD Million
TABLE 67 US Enterprise Quantum Computing Market by Technology, 2022 - 2028, USD Million
TABLE 68 US Enterprise Quantum Computing Market by Application, 2018 - 2021, USD Million
TABLE 69 US Enterprise Quantum Computing Market by Application, 2022 - 2028, USD Million
TABLE 70 US Enterprise Quantum Computing Market by Component, 2018 - 2021, USD Million
TABLE 71 US Enterprise Quantum Computing Market by Component, 2022 - 2028, USD Million
TABLE 72 US Enterprise Quantum Computing Market by Vertical, 2018 - 2021, USD Million
TABLE 73 US Enterprise Quantum Computing Market by Vertical, 2022 - 2028, USD Million
TABLE 74 Canada Enterprise Quantum Computing Market, 2018 - 2021, USD Million
TABLE 75 Canada Enterprise Quantum Computing Market, 2022 - 2028, USD Million
TABLE 76 Canada Enterprise Quantum Computing Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 77 Canada Enterprise Quantum Computing Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 78 Canada Enterprise Quantum Computing Market by Technology, 2018 - 2021, USD Million
TABLE 79 Canada Enterprise Quantum Computing Market by Technology, 2022 - 2028, USD Million
TABLE 80 Canada Enterprise Quantum Computing Market by Application, 2018 - 2021, USD Million
TABLE 81 Canada Enterprise Quantum Computing Market by Application, 2022 - 2028, USD Million
TABLE 82 Canada Enterprise Quantum Computing Market by Component, 2018 - 2021, USD Million
TABLE 83 Canada Enterprise Quantum Computing Market by Component, 2022 - 2028, USD Million
TABLE 84 Canada Enterprise Quantum Computing Market by Vertical, 2018 - 2021, USD Million
TABLE 85 Canada Enterprise Quantum Computing Market by Vertical, 2022 - 2028, USD Million
TABLE 86 Mexico Enterprise Quantum Computing Market, 2018 - 2021, USD Million
TABLE 87 Mexico Enterprise Quantum Computing Market, 2022 - 2028, USD Million
TABLE 88 Mexico Enterprise Quantum Computing Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 89 Mexico Enterprise Quantum Computing Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 90 Mexico Enterprise Quantum Computing Market by Technology, 2018 - 2021, USD Million
TABLE 91 Mexico Enterprise Quantum Computing Market by Technology, 2022 - 2028, USD Million
TABLE 92 Mexico Enterprise Quantum Computing Market by Application, 2018 - 2021, USD Million
TABLE 93 Mexico Enterprise Quantum Computing Market by Application, 2022 - 2028, USD Million
TABLE 94 Mexico Enterprise Quantum Computing Market by Component, 2018 - 2021, USD Million
TABLE 95 Mexico Enterprise Quantum Computing Market by Component, 2022 - 2028, USD Million
TABLE 96 Mexico Enterprise Quantum Computing Market by Vertical, 2018 - 2021, USD Million
TABLE 97 Mexico Enterprise Quantum Computing Market by Vertical, 2022 - 2028, USD Million
TABLE 98 Rest of North America Enterprise Quantum Computing Market, 2018 - 2021, USD Million
TABLE 99 Rest of North America Enterprise Quantum Computing Market, 2022 - 2028, USD Million
TABLE 100 Rest of North America Enterprise Quantum Computing Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 101 Rest of North America Enterprise Quantum Computing Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 102 Rest of North America Enterprise Quantum Computing Market by Technology, 2018 - 2021, USD Million
TABLE 103 Rest of North America Enterprise Quantum Computing Market by Technology, 2022 - 2028, USD Million
TABLE 104 Rest of North America Enterprise Quantum Computing Market by Application, 2018 - 2021, USD Million
TABLE 105 Rest of North America Enterprise Quantum Computing Market by Application, 2022 - 2028, USD Million
TABLE 106 Rest of North America Enterprise Quantum Computing Market by Component, 2018 - 2021, USD Million
TABLE 107 Rest of North America Enterprise Quantum Computing Market by Component, 2022 - 2028, USD Million
TABLE 108 Rest of North America Enterprise Quantum Computing Market by Vertical, 2018 - 2021, USD Million
TABLE 109 Rest of North America Enterprise Quantum Computing Market by Vertical, 2022 - 2028, USD Million
TABLE 110 Key Information – Google LLC
TABLE 111 Key information – IBM Corporation
TABLE 112 key information – Microsoft Corporation
TABLE 113 Key Information – Intel Corporation
TABLE 114 Key Information – Toshiba Corporation
TABLE 115 Key Information – Alibaba Group Holding Limited
TABLE 116 key information – Huawei Technologies Co., Ltd.
TABLE 117 Key Information – D-Wave Systems Inc.
TABLE 118 Key Information – ID Quantique SA
TABLE 119 Key Information – Rigetti & Co, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, Nov) Leading Players
FIG 5 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT analysis: Intel corporation
FIG 10 SWOT Analysis: Toshiba Corporation
FIG 11 Recent strategies and developments: ID Quantique SA
FIG 12 Recent strategies and developments: Rigetti & Co, Inc.