According to the 2-volume, 529-page, 242 figures & tables landmark report, this race is projected to propel the Quantum Computing Market size to $10.7 billion by 2024, out of which $8.45 billion stemming from product sales and services and $2.25 billion from government-funded Quantum Computers, Quantum Computation, Quantum Information, Quantum Processor, Quantum Software and Quantum Cryptography R&D programs.
If you have been paying attention to the news on the quantum computing industry and the evolution of 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 world.
In a way that was unheard of five years ago, quantum physicists are now partnering with corporate tech giants, to develop quantum computing as the foundation of a second information age. Eighteen of the world’s largest corporations (e.g., Lockheed Martin, IBM, Google, NEC, HP, Toshiba, Intel, Mitsubishi, Alibaba, Microsoft, SK telecom, BAH, KPN, Airbus, Raytheon, NTT, Fujitsu, and BT) and dozens of government agencies are working on quantum computing or partnering with startups such as D-Wave.
Near-term expectations for quantum computing range from solving optimization problems, big data analytics and artificial intelligence through quantum computing services in the cloud.
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SOURCE Homeland Security Research Corp. (HSRC)