Quantum Computing Market Analysis

Offering Type Analysis

The services systems segment of the quantum computing market is projected to grasp a leading 52% market share by the end of 2035. The growth is led by the rise of QCaaS, or quantum computing as a service. QCaaS allows companies of all sizes to gain access to quantum computing tools, software, and hardware without having to invest in expensive infrastructure. In 2021, Oxford Quantum Circuits launched the first commercially available QCaaS-based quantum computer in the UK. This launch embarks as a crucial point in the efforts to completely comprehend the potential of quantum computing.

Application Segment Analysis

The optimisation segment is anticipated to register 33% of the market share. The segment growth can be attributed to the rising adoption in various industries such as banking and logistics. Quantum computing can process numerous possibilities via entanglement and render a transformative advantage in solving these problems. With the help of quantum computing optimization, the logistics sector is transforming, which is solving scheduling and routing issues for delivery trucks, public transit, and tour vehicles.

End-user Segment Analysis

The banking and finance sector is predicted to garner the largest share owing to rising usage for risk assessment and fraud detection. By swiftly analyzing humongous datasets and imitating a plethora of market scenarios, quantum computers aid the financial institutions in mushrooming returns while lowering the risk, while remarkably enhancing decision-making efficiency. Similarly, in logistics and supply chain management, quantum computing enables companies to optimize routing and demand forecasting in real time. This capability lowers operational costs, increases delivery efficiency, and improves overall supply chain resilience.

Our in-depth analysis of the quantum computing market includes the following segments: