Quantum Computing Chip Market Booming Worldwide with Latest Trend and Future Scope by 2029

Quantum Computing Chip market is anticipated to grow at a CAGR of 45.1% during the forecast period (2023-2030). Quantum Computing Chip is a subfield of computer science based on quantum theory. It is a cutting-edge technology that uses quantum mechanics to solve more difficult problems for classical computers and is rapidly developing. It differs from standard computing in terms of data, speed, and bits. It is primarily used to compare and select the best answer to a complex problem.

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The global quantum computing chip market is segmented on the type, and application. Based on the type, the market is sub-segmented into Photonic Chip, Semiconductor spin qubits, Superconducting Chip and Trapped ion. Based on the application, the market is sub-segmented into below 30 qubit quantum computer, 30-50 qubit quantum computer, 50-60 qubit quantum computer and above 60 qubit quantum computer. Among the type, the superconducting chip sub-segment is anticipated to hold a considerable share of the market owing to the rise in demand for heat reduction computing system which can perform better and faster in government organizations as well as startups.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Quantum Computing Chip Market by Type

  • Photonic Chip
  • Semiconductor spin qubits
  • Superconducting Chip
  • Trapped ion

Global Quantum Computing Chip Market by Application

  • Below 30 Qubit Quantum Computer
  • 30-50 Qubit Quantum Computer
  • 50-60 Qubit Quantum Computer
  • Above 60 Qubit Quantum Computer

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Amazon Web Services, Inc.
  • D-Wave Quantum Inc.
  • Fujitsu Ltd
  • Honeywell International Inc.
  • IonQ Inc.
  • IQM Finland Oy
  • M Squared Lasers Limited
  • Microsoft Corp
  • Origin Quantum Computing Technology
  • OxfordQuantumCircuits
  • Quandela
  • Quantinuum Ltd
  • Rigetti Computing
  • Silicon Quantum Computing
  • Xanadu Quantum Technologies Inc.

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global Quantum Computing Chip market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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