TMCnet News
The most promising business opportunities brought about by the rise of Quantum ComputingWASHINGTON, June 12, 2018 /PRNewswire/ -- We are undoubtedly in the midst of a "Quantum Computing Supremacy Race" – one that will result in groundbreaking computing power that surpasses the performance of digital supercomputers. In the coming years, the global Quantum Computing market is expected to grow at a CAGR of 24.6% (2018-2024), according to leading research firm Industry 4.0 Market Research. 2018-2019 is projected to be an especially critical period, featuring a surge of technological breakthroughs in the industry. Quantum computing technologies have the potential to change long-held dynamics in commerce, intelligence, military affairs, and the strategic balance of power. If you have been paying attention to the news on quantum computing, then you know that something big is stirring in the quantum world. With these new developments, the key question that companies are asking is "what are the main business opportunities arising from the growth of Quantum Computing?" Significant economic interests as well as considerable computational scaling have driven the world's biggest corporations and numerous government agencies to work on quantum processor technologies and/or quantum software, either on their own or through partnerships. Their ambition reflects a broader transition, taking place at start-ups and academic research labs alike: to move from pure science towards engineering. Companies such as Intel, Google, IBM, Microsoft, NEC, Raytheon, Fujitsu, NTT, Nokia, BT, Airbus, Lockheed Martin, Booz Allen Hamilton, Mitsubishi, HP, SK Telecom, Alibaba, and KPN are all developing impressive quantum computing technologies to take advantage of the business opportunities expected to arise. Quantum Computing is projected to influence a number of verticals, from manufacturing to healthcare and telecommunications. Industry 4.0 Market Research has identified 55 main business opportunities brought about by the Quantum Computer revolution: 1. Search Engines 2. Business Intelligence 3. Software/Hardware Validation and Verification 4. Image and Pattern Recognition 5. National Security Intelligence 6. Defense 7. Public Safety 8. Homeland Security 9. Government & Public Services 10. Banking & Financial Services 11. Financial Electronic Trading & Trading Strategies 12. Smart Manufacturing & Logistics 13. Mission Planning/Scheduling and Logistics 14. Insurance 15. Medical Diagnostics 16. Medical Treatments 17. Pharmacology 18. Protein Folding
20. Information Technology Industry 21. Telecommunication 22. Automotive & Transportation 23. Aerospace 24. Energy & Utilities 25. Energy Systems & Photovoltaics 26. Energy Exploration 27. Web, Media & Entertainment 28. Smart Cities 29. Cybersecurity 30. Quantum Computing Systems 31. Quantum Computing Software 32. Quantum Computing as a Service on the Cloud 33. Academia & National Labs 34. Graph Theory Problems 35. Material Science 36. Marine Science 37. Bioinformatics 38. Climate Modeling & Weather Predictions 39. Seismic Survey 40. Risk Management 41. Simulation 42. Video Compression 43. Quantum Cryptography 44. Post-quantum Cryptography 45. Optimization Problems 46. Quantum-Assisted Optimization 47. Reservoir Optimization Applications 48. Utilities Management Optimization 49. Quantum Machine Learning 50. Quantum Reinforcement Learning 51. Big Data & Predictive Analytics 52. Material Science 53. Quantum Sampling 54. Quantum Chemistry 55. Monte Carlo Simulation How to take advantage of these business opportunities? Extensive information on the main business opportunities brought about by Quantum Computing can be found in the relevant market report, containing analysis and insights on the 55 leading opportunities:
Questions answered in this report include:
Explore more information on Quantum Computing, including reports with a focus on specific regions and technologies, at https://industry40marketresearch.com/. About Industry 4.0 Market Research Industry 4.0 Market Reports (a division of HSRC) provides premium off-the-shelf market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insights into business opportunities. All reports include in-depth information and analysis of emerging markets and technologies, granulated by geography, vertical, technology, product, and revenue sources. Our reports support Industry 4.0 and Quantum Technologies communities worldwide in their strategic decision-making process, providing up-to-date market knowledge, analysis, and insights. Industry 4.0 Market Reports offers customized research services geared towards providing our clients with clear, actionable recommendations designed to empower decision-making, and to help exploit emerging opportunities in the market. Our customized research services deliver thorough analyses of specific markets and eco-systems, target geographies, strategic segments and verticals, competitor analysis, business opportunities and technological benchmarks. These services are provided as an ad-hoc assignment or as an ongoing service. CONTACT: Gil Siegel, 202-765-2589, [email protected] View original content:http://www.prnewswire.com/news-releases/the-most-promising-business-opportunities-brought-about-by-the-rise-of-quantum-computing-300665101.html SOURCE Industry 4.0 Market Research |