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The Quantum Computing Market Will Reach $10.7 Billion by 2024
[April 19, 2017]

The Quantum Computing Market Will Reach $10.7 Billion by 2024


WASHINGTON, April 19, 2017 /PRNewswire-USNewswire/ -- A recent report reveals that we are in the midst of a "Quantum Computing Supremacy Race," one that will result in groundbreaking computing power, enabling disruptive new quantum computing technologies. Those have the potential to change long-held dynamics in commerce, intelligence, military affairs, and strategic balance of power. This race is projected to propel the Quantum Computing Technologies & Global Market to $10.7 billion by 2024.

If you have been paying attention to the news on quantum computing and the evolution of industrial and national efforts towards realizing a scalable, fault-tolerant quantum computer that can tackle problems unmanageable to current supercomputing capabilities - then you know that something big is stirring throughout the quantum world.

Near-term expectations for quantum computing range from solving optimization problems, quantum-encrypted communications, artificial intelligence, smart manufacturing & logistics and smart retail, through quantum computing in the cloud andmolecular structure research.

According to the 2-volume 520-page, 204 figures & tables landmark report, "Quantum Computing Technologies & Market", the global Quantum Computing Market will reach $10.7 billion by 2024, out of which $8.45 billion stemming from product sales and services and $2.25 billion from Gov. RDT&E programs and funding.

Explore more HSRC Reports at http://www.homelandsecurityresearch.com


About Homeland Security Research Corp. (HSRC)

HSRC is an international market and technology research firm. HSRC provides premium off-the-shelf and customized market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insight into business opportunities. HSRC's clients include the U.S. Congress, DHS, U.S. Army, U.S. Navy, DOD, DOT, GAO, NATO and EU, among others; as well as government agencies in Japan, Korea, Taiwan, Israel, Canada, UK, Germany, Australia, Sweden, Finland, Singapore. With over 750 private sector clients (72% repeat customers), including Fortune 2000 companies, HSRC earned the reputation as the industry's Gold Standard for present and emerging technologies market reports. 

Washington D.C. 20004, 601 Pennsylvania Ave., NW Suite 900,

Tel: 202-455-0966, info@hsrc.biz, www.homelandsecurityresearch.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-quantum-computing-market-will-reach-107-billion-by-2024-300441771.html

SOURCE Homeland Security Research Corp. (HSRC)


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