Quantum annealing

Quantum Sensors vs. Quantum Computers: IDTechEx Takes a Look at the Next 10 Years

Retrieved on: 
Thursday, November 16, 2023
Quanta, Quantum, Safety, Electronics, Database, TMR, Honeywell, Quantum annealing, Culture, Laser, Ecosystem, Science, Artificial intelligence, CORDIS, Quantum computing, Miniaturization, Diamond, Black Mirror, Motion, MEMS, Microscope, Video game

Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.

Key Points: 
  • Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.
  • More detail about these technology platforms is covered in the IDTechEx's reports "Quantum Sensors Market 2024-2044" and "Quantum Computers 2023-2033" .
  • Few would deny that hype about quantum computers far outweighs that of quantum sensors.
  • Even within the quantum technology community, quantum computing often overshadows interest in quantum sensing – look no further than most industry conference agendas and scientific abstracts.

Quantum Sensors vs. Quantum Computers: IDTechEx Takes a Look at the Next 10 Years

Retrieved on: 
Thursday, November 16, 2023
Quanta, Quantum, Safety, Electronics, Database, TMR, Honeywell, Quantum annealing, Culture, Laser, Ecosystem, Science, Artificial intelligence, CORDIS, Quantum computing, Miniaturization, Diamond, Black Mirror, Motion, MEMS, Microscope, Video game

Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.

Key Points: 
  • Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.
  • More detail about these technology platforms is covered in the IDTechEx's reports "Quantum Sensors Market 2024-2044" and "Quantum Computers 2023-2033" .
  • Few would deny that hype about quantum computers far outweighs that of quantum sensors.
  • Even within the quantum technology community, quantum computing often overshadows interest in quantum sensing – look no further than most industry conference agendas and scientific abstracts.

Asia Pacific Expected to Lead Quantum Computing Market, Fueled by Rapid Expansion in Banking and Finance Sector - ResearchAndMarkets.com

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Wednesday, November 1, 2023
Software, Technology, Hardware, Cloud, Internet of things, Quantum dot, Quantum annealing, Intelligence, Proteomics, European High-Performance Computing Joint Undertaking, HPC, Mall Finance & Investment Co Ltd v Slater, Transport, Innovation, Acquisition, Research, Investment, Internet, Quantum computing, Growth, Machine learning, COVID-19, Quantum mechanics, Drug discovery, Farmer, Information technology, Component, Roman Catholic Diocese of La Crosse, Greater China Transport Logistics, Mechanics, Quantum technology, Video game, Microscope, Health care, Others, Superconductivity, Energy, Application, Quantum, Agriculture, Automotive industry, Mining

The adoption of quantum computing is being driven by the increasing demand for high-speed computing, the growing utilization of quantum mechanics in encryption, the expanding applications of quantum computing in drug discovery, and other factors.

Key Points: 
  • The adoption of quantum computing is being driven by the increasing demand for high-speed computing, the growing utilization of quantum mechanics in encryption, the expanding applications of quantum computing in drug discovery, and other factors.
  • Increase in Quantum Computing Start-ups: The emergence of quantum computing startups is fostering competition, innovation, and growth in the market.
  • Increasing Adoption of Cloud-Based Quantum Computing: Cloud-based quantum computing solutions are gaining popularity, making quantum computing more accessible to a broader range of users.
  • Technological Advancement in Quantum Computing: Ongoing advancements in quantum computing technology are leading to improved performance, scalability, and reliability.

Quantum Computing Hardware Leads Market Share, While Services Segment Exhibits Highest Growth

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Friday, November 3, 2023
Cloud, Internet of things, Quantum dot, Quantum annealing, Intelligence, Proteomics, European High-Performance Computing Joint Undertaking, HPC, Mall Finance & Investment Co Ltd v Slater, Transport, Organization, Innovation, Acquisition, Research, Investment, Internet, Quantum computing, Growth, Machine learning, COVID-19, Quantum mechanics, Drug discovery, Farmer, Information technology, Component, Roman Catholic Diocese of La Crosse, Greater China Transport Logistics, Mechanics, Quantum technology, Video game, Microscope, Agriculture, Health care, Others, Superconductivity, Energy, Software, Application, Quantum, Automotive industry, Mining

By Component: The global quantum computing market is categorized into three primary segments by component: Hardware, Software, and Services.

Key Points: 
  • By Component: The global quantum computing market is categorized into three primary segments by component: Hardware, Software, and Services.
  • The hardware segment currently holds the largest share in the quantum computing market, while the services segment is anticipated to exhibit the highest CAGR.
  • Increase in Quantum Computing Start-ups: The emergence of quantum computing startups is fostering competition, innovation, and growth in the market.
  • Increasing Adoption of Cloud-Based Quantum Computing: Cloud-based quantum computing solutions are gaining popularity, making quantum computing more accessible to a broader range of users.

Quantum Photonics Market worth $3.3 billion by 2030 - Exclusive Report by MarketsandMarkets™

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Wednesday, June 7, 2023
Cloud, Communication, The London Institute of Banking & Finance, Computer, Connector, End user, Data communication, Component, Photonic integrated circuit, Trapped ion quantum computer, Research, Government, Quantum computing, Growth, Transceiver, Cable, Network, Data, ORCA, ID Quantique, Transverse mode, E-commerce, Laser, Fraud, Photon, Education, Quantum annealing, Quantum cryptography, Optics, Student, Security type system, Integrated quantum photonics, Machine learning, BFSI, Quantum, Construction, Microscope, Cryptocurrency, Telecommunications, Region, Waveguide, Defense, Distance, Application, Health care, Silicon, Retail, Toshiba, Geography

Cloud-based quantum photonics services utilize the power of quantum photonics to perform complex tasks such as optimization, simulation, and data analytics.

Key Points: 
  • Cloud-based quantum photonics services utilize the power of quantum photonics to perform complex tasks such as optimization, simulation, and data analytics.
  • Qubits can be manipulated and controlled using photonics, making quantum photonics a promising technology for solving complex problems.
  • Despite being in its early stages, quantum photonics is experiencing significant advancements and is poised to revolutionize various industries.
  • The Asia Pacific region is expected to grow at the fastest CAGR in the quantum photonics market during the forecast period.

Quantum Photonics Market worth $3.3 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, June 7, 2023
Cloud, Communication, The London Institute of Banking & Finance, Computer, Connector, End user, Data communication, Component, Photonic integrated circuit, Trapped ion quantum computer, Research, Government, Quantum computing, Growth, Transceiver, Cable, Network, Data, ORCA, ID Quantique, Transverse mode, E-commerce, Laser, Fraud, Photon, Education, Quantum annealing, Quantum cryptography, Optics, Student, Security type system, Integrated quantum photonics, Machine learning, BFSI, Quantum, Construction, Microscope, Cryptocurrency, Telecommunications, Region, Waveguide, Defense, Distance, Application, Health care, Silicon, Retail, Toshiba, Geography

Cloud-based quantum photonics services utilize the power of quantum photonics to perform complex tasks such as optimization, simulation, and data analytics.

Key Points: 
  • Cloud-based quantum photonics services utilize the power of quantum photonics to perform complex tasks such as optimization, simulation, and data analytics.
  • Qubits can be manipulated and controlled using photonics, making quantum photonics a promising technology for solving complex problems.
  • Despite being in its early stages, quantum photonics is experiencing significant advancements and is poised to revolutionize various industries.
  • The Asia Pacific region is expected to grow at the fastest CAGR in the quantum photonics market during the forecast period.

Global Cloud-based Quantum Computing Market Report 2023: Accessibility of Quantum Computers Using Cloud Technology Drives Growth

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Thursday, May 18, 2023
Cloud, Maintenance, Communication, IBM, University, Education, Health, National Mission on Monuments and Antiquities, Quantum technology, Quantum annealing, API, Trapped ion quantum computer, Web browser, Union budget of India, Keio University, IBM Q System One, USD, Computer, Science, Quantum computing, Organization, Cloud computing, Mizuho Financial Group, Simulation, Algorithm, 2020–21 Singapore circuit breaker measures, BFSI, Region, MUFG Bank, Quantum, Asia Pacific Center for Theoretical Physics, Global Cloud Xchange, AGC Aerospace & Defense, Television, Microscope, Vertical

Some factors driving the market growth include the growing adoption of cloud technology with increasing digitalization and the increasing use of quantum computing software and services across various verticals.

Key Points: 
  • Some factors driving the market growth include the growing adoption of cloud technology with increasing digitalization and the increasing use of quantum computing software and services across various verticals.
  • However, stability and error correction issues and limited skilled expertise for deploying and using cloud-based quantum computing solutions are expected to hinder the market growth.
  • Quantum computing as a service (QCaaS) is a cloud computing service that provides access to quantum computers and its associated technologies.
  • For instance, Amazon Braket is a fully managed quantum computing service designed to help speed up scientific research and software development for quantum computing.

D-Wave Demonstrates First-Ever Coherent Quantum Spin Glass Dynamics on More than 5,000 Qubits

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Wednesday, April 19, 2023
Data Management, Communications, Technology, Software, Hardware, Public Relations, Investor Relations, Photon, Kibble–Zurek mechanism, Nature, ETH, Phenomenon, Quantum annealing, Quantum computing, Manchester Institute of Innovation Research, Los Alamos National Laboratory, École Polytechnique Fédérale de Lausanne, Research, Boston University, Fraunhofer Institute for Systems and Innovation Research ISI, EPF, Quantum theory, Algorithm, Physics, Tokyo Institute of Technology, NYSE, Medium, D-Wave, Microscope

The paper---a collaboration between scientists from D-Wave and Boston University---entitled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here. Building upon research conducted on up to 2,000 qubits last September, the study shows that the D-Wave quantum processor can compute coherent quantum dynamics in large-scale optimization problems. This work was done using D-Wave’s commercial-grade annealing-based quantum computer, which is accessible for customers to use today.

Key Points: 
  • The paper---a collaboration between scientists from D-Wave and Boston University---entitled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here .
  • Building upon research conducted on up to 2,000 qubits last September, the study shows that the D-Wave quantum processor can compute coherent quantum dynamics in large-scale optimization problems.
  • With immediate implications to optimization, the findings show that coherent quantum annealing can improve solution quality faster than classical algorithms.
  • The observed speedup matches the theory of coherent quantum annealing and shows​ a direct connection between coherence and the core computational power of quantum annealing.

The quantum computing market size is valued at USD 866 Million in 2023 and is anticipated to be USD 4,375 Million by 2028; growing at a CAGR of 38.3% from 2023 to 2028

Retrieved on: 
Thursday, March 16, 2023
NatWest, Research, University, Workforce, Quantum annealing, IBM, Massachusetts Institute of Technology, Princeton University, Government, Transport, European, Ecosystem, Massachusetts Institute of Technology School of Science, System, Fujitsu, Trapped ion quantum computer, USD, Defense, Intel, Computer, Investment, The London Institute of Banking & Finance, Space Defense Center, Quantum computing, Row, Growth, Space, Energy, Health care, Milltown Biomass-to-Energy Power Station, Quantum, UK National Quantum Technologies Programme, Greater China Transport Logistics, Machine learning, Microscope, Television, Chemical substance

NEW YORK, March 16, 2023 /PRNewswire/ -- The quantum computing market size is valued at USD 866 Million in 2023 and is anticipated to be USD 4,375 Million by 2028; growing at a CAGR of 38.3% from 2023 to 2028.

Key Points: 
  • NEW YORK, March 16, 2023 /PRNewswire/ -- The quantum computing market size is valued at USD 866 Million in 2023 and is anticipated to be USD 4,375 Million by 2028; growing at a CAGR of 38.3% from 2023 to 2028.
  • China is investing highly in research and development activities related to quantum computing technology.Governments of the US, Australia, and countries of the European Union are forging ahead with quantum computing initiatives.
  • They are expected to allow players operating in the quantum computing market to cater to the requirements of a large number of users, thereby driving the growth of the quantum computing market in the coming years.
  • The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the quantum computing market.

Asia Pacific Quantum Computing Market Report 2022: Sector to Reach $10.55 Billion by 2031 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 24, 2023
Software, Technology, Other Technology, ML, Country, Quantum cryptography, Hardware, Table, Deployment, Research, Quantum annealing, Component, Communication, Video game, Photonics, Application, Topology

The "Asia Pacific Quantum Computing Market 2021-2031 by Component, Technology, Deployment, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Quantum Computing Market 2021-2031 by Component, Technology, Deployment, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific quantum computing market will grow by 31.9% annually with a total addressable market cap of $ 10,550.0 million over 2022-2031, driven by the need for secure communication and digitization, an emergence of advance applications and early adoption of quantum computers in some industries, increased investment in quantum computing technology, and the rise of numerous strategic partnerships and collaborations among key vendors.
  • Highlighted with 33 tables and 66 figures, this 131-page report "Asia Pacific Quantum Computing Market 2021-2031 by Component (Hardware, Software, Services), Technology (Superconducting Qubits, Trapped Ion, Quantum Cryptography, Quantum Annealing, Topological and Photonic), Deployment, Application (ML, Optimization, Simulation), Industry Vertical, and Country: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire Asia Pacific quantum computing market and all its sub-segments through extensively detailed classifications.
  • The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year.