Quantum Computing Market 2028 By Product Type, Offering, Application, Technology, End-Use Industry and Geography | The Insight Partners

Quantum computing is the application of quantum phenomena such as entanglement and superposition to solve problems. It aids in the development of new discoveries in a variety of fields, including smart materials, healthcare, energy, and others. In end uses such as healthcare & pharmaceuticals, chemicals, defense, banking & finance, energy & power, and others, it finds applications in optimization, modelling, sampling, and other areas. Quantum computers and quantum physics are used to process information at the atomic and subatomic levels. Computing technology advancements open the path for better and more powerful quantum computers. The growing demand for Software as a Service (SaaS) business models, greater datacenter workloads, and rising complexity in processor design are the key drivers driving the quantum computing market.

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Leading Quantum Computing Market Players:

  • Cambridge Quantum Computing Ltd
  • D-Wave Systems
  • Google
  • Huawei Technologies Co. Ltd.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • QCWare
  • Rigetti Computing
  • Honeywell International


The “Global Quantum Computing Market Analysis to 2028” is a specialized and in-depth study of the quantum computing Market with a special focus on the global market trend analysis. The report aims to provide an overview of quantum computing market with detailed market segmentation by product type, offering, application, technology, end-use industry. The global quantum computing market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading quantum computing market player and offers key trends and opportunities in the quantum computing market.


  • Based on product type the market is segmented as, system and services.
  • Based on offering the market is segmented as, on premise, cloud based.
  • Based on application the market is segmented as, simulation, optimization, machine learning, others.
  • On the basis of technology the market is segmented as, trapped ions, superconducting qubits, quantum annealing, others.
  • Based on end-use industry the market is segmented as, space and defense, banking and finance, healthcare and pharmaceuticals, energy and power, government, others.



The growing demand for Software as a Service (SaaS) business models, greater datacenter workloads, and rising complexity in processor design are the key drivers driving the quantum computing market.

Growing application of quantum computing in various verticals.

The growing use of quantum computing in the health sciences, particularly in the fields of computer-aided drug design and silico modelling.

Surge in number of collaborations and strategic partnerships to carry out advancements in quantum computing technology


The quantum computing market’s growth is restrained by high cost of the system and availability of substitutes along with various stability and correction issues.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global quantum computing market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The quantum computing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The COVID-19 IMPACT outbreak pandemic is adversely affecting economies and industries in various countries due to government-imposed lockdowns and travel bans, and business shutdowns. The consumer goods is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has restricted the global supply chain and negatively impacted the manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products

Major Key Points of Quantum Computing Market

  • Quantum Computing Market Overview
  • Quantum Computing Market Competition
  • Quantum Computing Market, Revenue and Price Trend
  • Quantum Computing Market Analysis by Application
  • Company Profiles and Key Figures in Quantum Computing Market
  • Market Dynamics
  • Methodology and Data Source

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The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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