Quantum Software Market Scope
Quantum software is the type of software that is vital for quantum networks as well as computing. Quantum computers can easily solve difficult problems much more rapidly as compared to traditional predecessors. The multidisciplinary field of quantum software contains various topics namely verification of quantum devices, design of quantum algorithms and protocols and quantum information theory. Some of the examples of quantum software known as Qbsolv, which is intended to find at least a large quadratic unconstrained binary optimization.
The market study is being classified, by Application (Big Data Analysis, Biochemical Manufacturing and Machine Learning) and major geographies with country level break-up.
The global quantum software market is highly fragmented with the presence of local players and regional players operating in the market. Some of the major players operating in the market are D-Wave Systems, Inc. (Canada), The International Business Machines Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), Google Inc. (United States), among others. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Quantum Software market throughout the predicted period.
D-Wave Systems, Inc. (Canada), The International Business Machines Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), Google Inc. (United States), IonQ (United States), River Lane Research (United States), Rigetti Computing (United States), 1QB Information Technologies (Canada), Cambridge Quantum Computing Limited (United Kingdom) and QX Branch (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Quantum Software market by Type, Application and Region.
On the basis of geography, the market of Quantum Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Technology Advancement regarding Quantum Software
- Growing Incidences of Cybercrime and Adoption of Quantum Computing in Defense and Automotive Industries
- Rising Investments by Government Bodies across the World
- Increasing Use of Quantum Cryptography to Secure Mobile Transaction
- Growing Demand from Emerging Economics such as China, India, among others
- Presence of Substitute Technologies and Stringent Rules as well as Regulation
- A problem regarding Lack of Highly Skilled Employees
- Issue related to Shortage of People That Have Been Trained to Write & Develop Quantum Software
Key Target AudienceManufacturers of Quantum Software, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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