Report ID: UCMIR45I2152
Report ID:
UCMIR45I2152 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
North America is emerging as a prominent player in the global quantum computing market, ranking as the second-largest growing region. Experts anticipate a robust growth rate of 32.6% throughout the forecast period. Projections indicate that the global quantum computing market is poised to expand significantly, leaping from USD 717.3 million in 2022 to a substantial USD 6,528.8 million by 2030. Quantum Information Science (QIS) is ushering in transformative possibilities in computing, networking, and sensing, promising to fuel another technological revolution and already impacting the American economy and society.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIR45I2152