Quantum Computing Market Key Players: D-Wave Systems Inc., International Business Machines Corporation, Anyon Systems In
Market Analysis: Global Quantum Computing Market The Global Quantum Computing Market accounted for USD 88.1 billion in 2016 growing at a CAGR of 29.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Market Definition: Global Quantum Computing Market Quantum computing are computing systems that use quantum bits, or qubits, to encode information as 0s, 1s, or both at the same time, unlike conventional digital computers. These systems make direct use of quantum-mechanical phenomena, such as superposition and entanglement, to perform operations on data which enables them to analyze and manipulate large combinations of data at once. The factors which are driving the growth of the market include increasing adoption of quantum computing in the defense and automotive industry and increasing investment by government entities. Major market drivers: Global Quantum Computing Market Rising Incidences of Cybercrime Increasing Adoption of Quantum Computing in the Defense and Automotive Industry Increasing Investment By Government
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