It’s 2018 and the quantum race is on. The quantum computing processor (QCP), a physical device enabling the principle of quantum computing, is still rather a theoretical concept than a ready-to-implement engineering solution. Yet this new marvel is shipped by D-Wave already for a while. It’s the first commercially available quantum computers. IBM has launched a new quantum computing division IBM Q, a move that might be a turning point in the commercialization of quantum computing technology. IBM has pioneered quantum computing in the cloud with API enabling apps, mostly for research purposes. Rigetti Computing has made available its Forest developer environment to provide researchers with access to Rigetti’s cloud-based quantum simulator.

  • the Quantum Computing Research Act creates a central coordination and research entity to support the development of quantum information science (QIS). At least, in the US. In Europe we are still trying to understand the benefits of warm water…
  • Access to the quantum processor via cloud opens the market to new participants, inviting the further development of quantum computing ecosystem. The combination of open source, AI and quantum in the cloud is the recipe for the next big thing.
  • The world’s most powerful tech companies, Alphabet, IBM, Intel and Microsoft, lead the quantum computing race, achieving breakthroughs in quantum processor technology, error correction and gradually creating the foundation for quantum computing ecosystem.
  • Strangeworks is developing tools to resolve one of the hurdles to wide adoption of quantum computing – lack of knowledgeable developers. Strangeworks is building tools for researchers easing up the transition from classical to quantum computing.
  • Intel has reached capability of producing full silicon wafers of quantum computing chips greatly expanding the number of quantum devices in existence

Despite technology advances the quantum computing market is still fledgling. At the same time, this rapidly evolving market is one of the most active R&D fields, attracting substantial government funding that supports research groups at internationally leading academic institutions, national laboratories, and major industrial-research centers. The governments are the major driving force behind investments in quantum computing R&D, fiercely competing for what is perceived as the most promising technology of the 21st century. The world’s largest government IT/Defense contractors follow the government suit.

 

So, what is the rationale for quantum computing market?

a. National Security Considerations:

  • Quantum cryptography is the key to secure communications;
  • Quantum computing opens new realms in developing new weapons and breaking into adversary communications;
  • Quantum computing is a geopolitical game changer.

b. National Economy Considerations:

  • Quantum computing opens new horizons almost in every aspect of human life, whether it’s new medicine or renewable energy;
  • Quantum computing is an economy game changer, with a potential of disrupting entire industries and creating new ones.

The report covers the quantum computing R&D, products, technologies and services as well as government, corporate and venture capital investments in quantum computing.

The report provides detailed year-by-year (2017 – 2022) forecasts for the following quantum computing (QC) market segments:

  • R&D of the physical device enabling quantum computing;
  • Quantum cryptography;
  • Quantum computing simulation;
  • Quantum computing programming infrastructure;
  • Superconducting (cooling) infrastructure enabling quantum computing
  • Quantum computing in the cloud;
  • Quantum computing market by top eight countries.