< Key Hightlight >

Theoretically, quantum computing can complete in seconds tasks that would take classical computers thousands or even millions of years. Quantum computers are machines that use the properties of quantum physics to store data and perform computations. Use cases stretch from improved weather forecasting to cracking the codes used to encrypt all internet messaging. The company (or government) that owns the first at-scale quantum computer will be powerful indeed.

Quantum computers are proving extremely difficult to build, and fully-fledged commercial computers are not expected for 10, 20, or even 30 years. However, within the next five to seven years, intermediate quantum computers are likely to become available that can offer a quantum advantage over classical computers in certain optimization applications across, for example, space warfare, logistics, drug discovery, and options trading. These intermediate devices will become more powerful and robust with successive generations.

There are three risks facing the quantum computing industry: the extreme difficulty of engineering quantum devices that can entangle large numbers of qubits to cohere long enough to complete calculations; the shortage of people who combine data science and coding skills with a deep understanding of quantum physics; and the danger that hype and unmet expectations will lead to a quantum winter.

Head of Thematic Research, Cyrus Mewawalla, comments: “Comparisons are often drawn between quantum computing and nuclear fusion. Both are seen as technologies that are always 20 years away. Yet, as investments and collaborations demonstrate, companies do see quantum computing delivering value this decade and want to position themselves to take advantage of this. Quantum computing will be a game-changer.”

Scope

This report provides an overview of the quantum computing theme. 

It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into two categories: technology trends and macroeconomic trends. 

It includes a comprehensive technology briefing, which explains what quantum computers are, how they work, and why they are superior to classical computers. 

The detailed value chain comprises five segments: quantum infrastructure, quantum hardware platform, quantum software, quantum applications, and quantum services.

Key Highlights

JP Morgan, Volkswagen, and Lockheed Martin are already working closely with the leading quantum computing companies, IBM, Google, Honeywell, and D-Wave, to develop skillsets in readiness for the quantum age with a stepping stone approach. The sector leaders are all creating Quantum-as-a-Service (QaaS) offerings on specialist cloud-based platforms, where prospective customers can experiment with quantum devices and start developing quantum code.

Reasons to buy

Within the next five to seven years, intermediate quantum computers are likely to become available that can offer a quantum advantage over classical computers in certain optimization applications across, for example, space warfare, logistics, drug discovery, and options trading. This report will help you understand what quantum computing is and its potential impact across industries. It also includes details of the companies leading the charge towards quantum supremacy.

Companies mentioned

Coax 

ColdQuanta 

Anyon Sytems 

Blue Fors 

Oxford Instruments 

Montana instruments 

Rigetti 

Intel 

Honeywell 

AegiQ 

NKT Photonics 

Coherent 

ColdQuanta 

M Squared Lasers 

Qnami 

Siemens 

Sumitomo Electric 

Oxford Instruments 

Zurich Instruments 

ETL Systems 

ColdQuanta 

Delft Circuits 

Zurich Instruments 

ETL Systems 

NuQuantum 

Shafter-Kirchoff 

Shanghai Optics 

NuCrypt 

GEM Systems 

NTT 

Supercon 

SuNAM 

Acroscape 

Stirling Cryogenics 

WEKA 

Cryogenic Limited 

ColdQuanta 

Cosmic Microwave 

Low Noise Factory 

Sparrow Quantum 

Quandela 

Qontrol Systems 

AOSense 

Radix 

GWR Instruments 

AMSC 

Bruker 

Furukawa 

CryoCoax 

Temati 

Chart Industries 

Oxford Instruments 

Montana instruments 

RF Com 

Photonic 

Orca 

Tundra 

Apogee Instruments 

Miraex 

Single Quantum 

Google 

Microsoft 

IBM 

Honeywell 

PsiQuantum 

Alibaba 

Rigetti 

Intel 

IonQ 

Quantum Brilliance 

D-Wave 

Nokia 

Riverlane 

StrangeWorks 

Xanadu 

Baidu 

ETH Zurich 

Cambridge Quantum Computing 

1QBit 

QxBranch 

Zapata 

PQBranch 

Q-CTRL 

Accenture 

Amazon 

Qubitekk 

StrangeWorks 

QC Ware 

QuTech 

EY 

McKinsey 

Raytheon 

Northrup Grumman 

NEC 

Oxford Quantum 

Delft Circuits 

Atos 

Infineon 

Universal Quantun 

Quantum Machines 

Thales 

Fraunhofer 

Archer Materials 

Quantum Diamond Technologies 

NTT Laboratories 

AegiQ 

HP 

Qontrol Systems 

Tundra Systems 

Nu Quantum 

Quandela 

VeriQloud 

Airbus 

Aliro Quantum 

AmberFlux 

Pine.ly 

Elyah 

AppliedQubit 

QBitLogic 

Goldman Sachs 

VolksWagen 

JP Morgan 

Dubai Electricity and Wateer Authority 

Roche 

Daimler 

Nippon Steel 

Jij 

QpAI 

Qindom 

Rahko 

PQShield 

AT&T 

Sixscape 

Toptica Photonics 

Brilliant 

FutureLearn 

Qubitekk 

qutools 

Perimeter Institute 

BraneCell 

QuantumCTek 

Booz Allen 

Boston Consulting Group 

PA Consulting 

h-bar 

Mphasis 

aquantum 

ID Quantique 

MagiQ Technologies 

QuintessenceLabs 

SeQureNet 

In-Q-Tel 

Fidelity