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Categories: AI Dwave google Intel Machine learning Microsoft QUANTUM COMPUTING

Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. It includes three states, namely 1, 0 as well as the superposition of 1 and 0. Superposition indicates that two states exist at the same time. These bits are known as quantum bits or qubits. The global quantum computing market consists of the hardware that is required to develop quantum computers and its peripherals. Firstly, the Quantum Computing market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Quantum Computing market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. What’s more, the Quantum Computing industry development trends and growth patterns are analyzed. Request a sample of Quantum Computing market research report @ Quantum Computing market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Quantum Computing industry. To determine the Quantum Computing market size the report considers the revenue generated from sales of quantum computers only. Further the Quantum Computing market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in #QuantumComputing market space like #DWave Systems, #Google, #IBM, #Intel, and #Microsoft. Other Prominent Vendors in the market are: 1QB Information Technologies and many more. Quantum Computing Market Drivers, Challenges and Trends: – Quantum Computing Market Driver: –  one of the major drivers for this market is increasing expenditure by stakeholders. There are different stakeholders in the market, namely governments and private enterprises, that have shown an increasing interest in quantum computing. Quantum computing will have potential applications in a variety of sectors such as aerospace and defense, civil aviation, cybersecurity, finance, healthcare, and logistics. The potential applications have compelled governments and companies to focus on developing quantum computers and related technologies. The investments by these stakeholders drive the global quantum computing market. Quantum Computing Market Challenge: – one of the major factors hindering the growth of this market is quantum decoherence. Quantum decoherence is one of the major challenges that is faced by quantum computing firms. This is a process wherein a quantum state tends to become a classical computing bit. Any outside interference can lead to the destruction of the quantum state, which will make the bit transition into either a 0 or a 1 state. Outside interferences include heat, internal defects, and vibrations. This results in the loss of information that the qubits hold to the surroundings. Researchers are focusing on preserving superposition, which is the basis of quantum computing by delaying decoherence. Quantum Computing Market trend: – The latest trend gaining momentum in the market is growth of AI and machine learning. AI is a branch of science that deals with computers, machines, software, and computer-operated robots to think intelligently to find solutions for complex problems in a manner that is like how a human brain thinks. AI is applied to the projects that require a human’s intellectual processes such as the ability to reason, derive conclusions from the past, and generalize certain learnings. Machine learning is a type of AI that allows computers to self-learn. When a computer is exposed to new data, it can analyze it, make decisions, grow, and learn from this data

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