What is Topological Quantum Computing Market Scope?
Quantum computing act as a replacement in some scientific domains to help continue scaling applications, the use of quantum phenomena such as superposition and entanglement to perform computation. Computers that perform quantum computations are known as quantum computers. The topological properties, which make quantum states extremely robust to outside interference, build what are called topological quantum computers. Many organizations have been developing topological quantum computing for decades and they are working with academy laboratories to craft the devices and writing software for future machines. Topological Quantum Computing may be a theoretical quantum computer that employs two-dimensional quasi-particles called anions, whose world lines pass around each other to make braids during a three-dimensional space-time.
The Topological Quantum Computing market study is being classified by Type (Software, Hardware and Service), by Application (Banking & Finance, Space and Defense, Banking and Finance, Healthcare and Pharmaceuticals, Chemicals, Energy and Power, Transportation and Logistics, Academia and Government) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Topological Quantum Computing market throughout the predicted period.
Microsoft (United States), IBM(United States), Google(United States), D-Wave Systems (Canada), Airbus (Netherlands), Raytheon(United States), Intel(United States), Hewlett Packard(United States), Alibaba Quantum Computing Laboratory (China), Vancouver (Canada) and Amazon (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Rigetti Computing (United States), Honeywell International (United States), Quantum Circuits (United States), QC Ware (United States) and IonQ (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Topological Quantum Computing market by Type, Application and Region.
On the basis of geography, the market of Topological Quantum Computing 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).
In September 2020 D-Wave announces its availability of the first quantum computer with 5000 Qubits connectivity. The general availability of its next-generation quantum computing platform through Leap quantum cloud service. In the new Advantage system, each qubit may connect to 15 other qubits. The D-Wave Ocean software development kit (SDK) includes tools for using the new topology.
Influencing Market Trend
- The entrance of Many of the world's major technology firms
Market Drivers
- Increasing adoption of quantum computing in the banking and finance industry
- The increasing number of strategic acquisitions and collaborations to carry out advancement in the quantum computing technologies
- Growing investments in the research and development activities of quantum computing technologies
Opportunities
- Technological advancements in quantum computing
Restraints
- Issues associated with the use of quantum computers
- Stability and error correction issues
Challenges
- Lack of highly skilled professionals
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Topological Quantum Computing Developers, Government Regulatory and Research Organizations and End-Use Industry
Customization available in this Study:
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