Product Code: GVR-4-68040-460-8
Quantum AI Market Size & Trends:
The global quantum AI market size was estimated at USD 256.0 million in 2023 and is projected to grow at a CAGR of 34.4% from 2024 to 2030. The market is growing rapidly, driven by advancements in quantum computing and its potential to solve problems that classical computers struggle with. Quantum computing enhances machine learning algorithms, enabling them to process vast datasets and uncover patterns that were previously unreachable. The combination of AI and quantum technologies is set to transform industries such as finance, healthcare, logistics, and manufacturing by enabling more precise predictions, optimizations, and real-time decision-making capabilities.
Companies and research institutions are investing heavily in developing quantum algorithms and integrating them into AI systems. As a result, early adopters are already exploring quantum-enhanced AI solutions, especially in optimization and data processing tasks that demand higher computational power. The growing need for speed, accuracy, and efficiency is pushing businesses to explore Quantum AI as a transformative solution. These early-stage investments and experiments are setting the stage for future commercial applications across various sectors.
Quantum cryptography and security are key drivers of market growth, as the impending threat of quantum computers breaking classical cryptographic systems looms large. With the development of quantum-safe encryption and quantum key distribution (QKD), Quantum AI is enhancing data security and privacy protection. Governments and corporations are recognizing the importance of quantum-resistant systems, especially in sectors such as banking, defense, and telecommunications, where data protection is paramount. Moreover, Quantum AI's ability to detect and mitigate cyber threats in real-time by analyzing vast amounts of data positions it as a crucial tool in enhancing cybersecurity. Quantum cryptography is no longer a theoretical concept but is slowly transitioning into real-world applications as companies build quantum-secure solutions. As the world moves towards quantum computing, security solutions powered by Quantum AI are expected to become essential. This sector is likely to see a surge in demand over the next decade.
Advancements in quantum hardware and algorithms are making quantum computing increasingly practical. New developments in quantum processors are improving their performance and stability, allowing for more complex calculations. Enhanced quantum algorithms are being designed to solve specific problems more efficiently. These improvements are crucial for integrating quantum computing with AI, as they enable more sophisticated data processing and analysis. As quantum systems become more accessible, their potential applications in AI grow. This integration is expected to lead to breakthroughs in areas such as optimization and predictive modeling. The ongoing progress in both fields is paving the way for innovative solutions and applications.
Global Quantum AI Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global Quantum AI market report based on component, deployment model, application, and region:
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Software
- Hardware
- Services
- Deployment Model Outlook (Revenue, USD Million, 2018 - 2030)
- Cloud-Based
- On-Premises
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Machine Learning & Optimization
- Quantum Security & Cryptography
- Simulation & Modeling
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Quantum AI market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Quantum AI market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Quantum AI market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Quantum AI market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Software
- 4.3.1. Software Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Hardware
- 4.4.1. Hardware Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Quantum AI market: Deployment Model Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Quantum AI market: Deployment Model Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Cloud-Based
- 5.3.1. Cloud-Based Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. On-Premises
- 5.4.1. On-Premises Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Quantum AI market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Quantum AI market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Machine Learning & Optimization
- 6.3.1. Machine Learning & Optimization Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Quantum Security & Cryptography
- 6.4.1. Quantum Security & Cryptography Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Simulation & Modeling
- 6.5.1. Simulation & Modeling Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others Quantum AI market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Quantum AI market: Regional Estimates & Trend Analysis
- 7.1. Quantum AI market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. KSA
- 7.6.2.1. KSA Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Quantum AI market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Component Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Amazon Web Services, Inc.
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. D-Wave Quantum Inc.
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Fujitsu
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Google LLC
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. Hitachi, Ltd.
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. IBM Corporation
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Intel Corporation
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. Microsoft
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. SandboxAQ
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. Toshiba Corporation
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments