The quantum computing market is a small but rapidly maturing one from the technology perspective. However, for quantum computing to succeed it needs the market in suitable applications to also mature.
- Quantum computing may appear more relevant to a 2050 Trends to Watch than a 2020 one, but Ovum consider that it is the correct time to shine the spotlight on the technology.
- The Tractica market forecast for Quantum computing shows it growing at a CAGR of 62% with a market value of $2.2bn by 2025.
- Understand why IBM considers quantum volume the metric to define progress.
Features and Benefits
- Understand why Ovum believes the technology has reached a stage where scientists believe they can deliver a viable quantum computer in the next decade.
- Learn why developing the use cases for quantum computing is where the most visible progress in 2020 will be made.
- Discover why the interface between classical and quantum computing is where Ovum expects to see new development research announced in 2020/21.
- Understand how building up the skills base is already showing signs of success, but more is needed if quantum computing is to become mainstream.
- Learn more about why Google announced it had reached quantum supremacy with a 54-qubit computer.
Key questions answered
- How will quantum computing differ from current computing?
- What new use cases will quantum computers be best suited for?
- When will quantum computers become a common feature of our technology?
- How can I acquire the skills needed?
- Which vendors are most active in the quantum area?
Table of contents
Recommendations for enterprises
Recommendations for vendors
The technology has reached a stage where scientists believe they can deliver a viable quantum computer in the next decade
IBM considers quantum volume the metric to define progress
Google announced it had reached quantum supremacy with a 54-qubit computer
Cycle benchmarking may represent a milestone in assessing quantum computing performance
Developing the use cases for quantum computing is where the most visible progress in 2020 will be made
Identifying problems a quantum computer could solve more efficiently and effectively is key to momentum
Security is an area where quantum will have massive implications
The interface between classical and quantum computing: Ovum expects to see new vendors announce development research in 2020/21
Quantum communications is an underreported but important area that will determine the viability of any commercial quantum computer
The linking of classical computing to quantum computing will emerge as a new subsector of the market
Building up the skills base is already showing signs of success, but more is needed if quantum computing is to become mainstream
Leading vendors working with academia is one way of expanding the knowledge base, but not the only one