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Quantum Computing Market to Expand by 500% by 2028 | 86% of Investments in Quantum Computing Comes from 4 countries

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Westford, USA, Aug. 30, 2022 (GLOBE NEWSWIRE) — Quantum computers touted as next big thing in computing. Major reliance on quantum computers could mean we’re soon entering a new era of artificial intelligence, ubiquitous sensors, and more efficient drug discovery. While quantum computers are still in the earliest stages of development, growing interest in their capabilities means that they are likely to become a central part of future computing systems. This has created a growing demand for quantum computing market and software, with providers already reporting strong demand from major customers.

The promise of quantum computing is that it can solve complex problems much faster than traditional computers. This is because quantum computers are able to exploit the properties of subatomic particles such as photons, which are able to ferry information around extremely fast. So far, quantum computing market has been witnessing a demand coming mainly for scientific and research purposes.

However, this is set to change soon as there is growing demand for quantum computers market for various applications such as artificial intelligence (AI), machine learning and data analytics. Artificial intelligence (AI) is one application that could benefit greatly from the speed and accuracy of quantum computing. AI relies on algorithms that are trained on large data sets and are able to learn and improve upon their skills with repeated use. However, classical computer databases can take hours or even days to train an AI algorithm.

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Only 4 Countries are Responsible for 86% of Total Funding Since 2001

Quantum computing market is heating up. Companies like Google and IBM are racing to develop the technology, which could one day lead to massive improvements in artificial intelligence and other areas of cybersecurity. As per SkyQuest’s analysis, $1.9 billion public funding was announced in the second half of the year 2021, which, in turn, took the total global funding to $31 billion from year 2001. It was also observed that most of the private and public funding is coming from the US only, which account for around 49% of the private fundings, which is followed by UK (17%), Canada (14%), and China (6%).

In 2021, the global quantum computing market witnessed an investment of around $3 billion, out of which $1.9 billion came in the second of the year. All this investment is coming from both private and public domain to feast on the upcoming opportunity of generating around $41 billion revenue by the year 2040 at a CAGR of more than 30%. The market is projected to experience a significant surge in the demand for quantum sensing and Quantum communication in the years to come. As a result, investors have started pouring money to take advantage of rapidly expanding field. For instance, in 2021 alone, $1.1 billion out of $3 billion were invested in these two technologies. To be precise, $400 million and $700 million respectively.

SkyQuest has done deep study on public and private investment coming into global quantum computing market. This will help the market participants in understanding who are the major investors, what is their area of interest, what makes them to invest in the technology, investors’ profile analysis, investment pockets, among others.

IonQ, Rigetti, and D-Wave are Emerging Players in Global Quantum Computing Market

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As quantum computing market becomes more mainstream, companies like IonQ, Rigetti and D-Wave are quickly proving they are the top emerging players in the field. IonQ is has been working on developing ionic quantum computer technology for several years now. IonQ’s flagship product is the IonQ One, which is a single-core quantum computer that can process quantum information.

The IonQ One has already been deployed at a number of institutions around the global quantum computing market including NASA.

Rigetti is another company that has been making significant strides in the development of quantum computing technology. Rigetti’s flagship product is the Rigetti Quilter, which is a scalable two-qubit quantum computer. The Rigetti Quilter is currently undergoing Phase II testing at NASA’s Ames Research Center. D-Wave has also been making significant progress in the development of quantum computing technology. D-Wave’s flagship product is the D-Wave Two, which is a five-qubit quantum computer. The D-Wave Two was recently deployed at Google physicists to help accelerate the discovery of new phenomena in physics.

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Regetti has secured a total funding of around $298 million through 11 rounds until 2022 in the global quantum computing market. As per our analysis, the company has secured its last funding through post IPO equity. Wherein, Bessemer Venture Partners and Franklin Templeton Investments are the major investor in the company.

As per SkyQuest’s findings, these three organizations have collectively generated revenue of around $32 million in 2021 with market cap of more than $3 billion. However, at the same time, they are facing heavy loss. For instance, in 2021, they faced collective loss of over $150 million. Our observation also noticed that billions of dollars are poured into building the quantum computers, but most of the market players are not earning much in revenue in terms of ROI.

SkyQuest has published a report on global quantum computing market and have tracked all the current developments, market revenue, company’s growth plans and strategies, their ROI, SWOT analysis, and value chain analysis. Apart from this, the provides insights about market dynamics, competitive landscape, market share analysis, opportunities, trends, among others.

Machine Learning Generated Revenue of Over $189 Million in 2021

Today, machine learning is heavily used for training artificial intelligence systems using data. Quantum computing market can help to speed up the process of training these systems by vastly increasing the amount of data that can be processed. This potential advantage of quantum computing is the ability to perform Fast Fourier Transform (FFT) calculations millions of times faster than classical computers. This is important for tasks like image processing and machine learning, which rely on fast FFT algorithms for comparing data sets.

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A huge potential of quantum computing market has led to the development of several machine learning applications that use quantum computers. Some of these applications include fraud detection, drug discovery, and speech recognition. As per SkyQuest, fraud detection and drug discovery market were valued at around $25.1 billion and $75 billion, respectively. This represents a huge revenue opportunity for quantum computing market.

This technology has been used for a variety of purposes, including predicting the stock market and automating tasks such as decision making and recommendations. In machine learning, generating revenue is a major challenge through traditional processing. Wherein, traditional computer processing can only handle a small amount of data at a time. This limits how much data can be used in machine learning projects, which in turn limits the accuracy of the predictions made by the ANNs.

Quantum computing solves this problem by allowing computers to perform multiple calculations at the same time. This makes it possible to process vast amounts of data and make accurate predictions. As a result, quantum computing has already begun to revolutionize machine learning market.

SkyQuest has prepared a report on global quantum computing market. The report has segmented the market by application and done in-depth analysis of each application in revenue generation, market forecast, factors responsible for growth, and top players by applications, among others. The report would help to understand the potential of global market by application and understand how other players performing and generating revenue in each segment.

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Top Development in Global Quantum Computing Market

  • In August 2022, Baidu launched world’s first all platform super quantum computer called Qian Shi. The computer offers 10 qubits of performance whereas other commercially available quantum computers are maxed at 7
  • In August 2022, Baidu also announced a plan to develop a 36-qubit quantum chip
  • In July 2022, Fujitsu planned to start its a 64-qubit machine by 2023, which is followed by a 1,000-qubit machine after March 2027.
  • In 2021, IBM demonstrated its 127-qubit quantum computer, but the company is aiming to reach the goal of 4,000 qubit by 2025

Top Players in Global Quantum Computing Market

  • IBM Corporation (US)
  • D-Wave System Inc. (Canada)
  • Cambridge Quantum Computing Ltd. (UK)
  • Intel Corporation (US)
  • Rigetti & Co, Inc. (US)
  • Google LLC (US)
  • Quantica Computacao (India)
  • Dematic (US)
  • Krones AG (Germany)
  • Zapata Computing (US)
  • Xanadu (Canada)
  • Accenture Plc. (Ireland)

Related Reports in SkyQuest’s Library:

Global Silicon Photonics Market

Global Data Center Transformer Market

Global Wireless Infrastructure Market

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Global Cable Laying Vessel Market

Global Digital Twin Market

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Artificial Intelligence

AMI Partners with Samsung to Bring Firmware Security to PCs

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ATLANTA, Oct. 8, 2024 /PRNewswire/ — AMI®, the global leader in Dynamic Firmware for worldwide computing, has partnered with Samsung Electronics, the global leader in consumer technology, to create an enhanced joint security solution available in Samsung’s Galaxy Book PCs. Alongside Samsung’s multi-layer security platform Samsung Knox, AMI’s Tektagon™ – the industry-leading Platform Root of Trust firmware security solution – is now integrated into Samsung PCs including the Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360, and Galaxy Book4 Ultra. 

Through this collaborative partnership, AMI’s Tektagon seamlessly integrates with Samsung Knox to ensure that confidential and sensitive data stays safe at every layer of the device through real-time threat detection and collaborative protection, while providing the highest level of security against firmware-injected malware to help prevent ransomware and denial of service attacks.
“As a leading supplier of endpoint technology to global government and commercial industries, Samsung is committed to securing its platforms at all levels,” said Dr. Hark-Sang Kim, EVP & Head of New Computing R&D Team, Mobile eXperience Business at Samsung Electronics. “Integrating AMI’s Tektagon solution into our latest Galaxy Books provides powerful and comprehensive protection at the platform’s foundation.”
The Samsung Knox platform leverages the motherboard’s existing embedded processor to provide a hardware-backed secure platform, which includes AMI’s Tektagon security technology. Thanks to AMI’s leading capabilities as a firmware provider, the need for additional components is reduced while hardware-rooted security is still seamlessly delivered.
“AMI is extremely proud of our work integrating our Tektagon Platform Root of Trust solution into Samsung Galaxy Book series notebooks,” said Stefano Righi, Senior Vice President of the AMI Global Software and Security Group. “Together Samsung and AMI are helping to reduce the cyber threat landscape, securing business endpoints around the world from malicious attacks.”
The Samsung Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360 and Galaxy Book4 Ultra with AMI Tektagon Platform Root of Trust are available today and can be ordered directly from Samsung.
Follow AMI on LinkedIn and Twitter/X to receive the latest news and announcements.
AMI® and Tektagon™ are registered trademarks/trademarks of AMI in the US and/or elsewhere. Galaxy Book and Knox are trademarks of Samsung Electronics Co. Ltd. in the United States and other countries. All other trademarks and registered trademarks are the property of their respective owners.
About AMI
AMI is Firmware Reimagined for modern computing. As a global leader in Dynamic Firmware for security, orchestration, and manageability solutions, AMI enables the world’s compute platforms from on-premises to the cloud to the edge. AMI’s industry-leading foundational technology and unwavering customer support have generated lasting partnerships and spurred innovation for some of the most prominent brands in the high-tech industry.
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Artificial Intelligence

Globally Renowned MarTech Platform, Netcore Cloud Announces Strategic Partnership with Tall Bob Collaboration to enhance Customer Engagement capabilities for customers in Australia and New Zealand

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SYDNEY, Oct. 8, 2024 /PRNewswire/ — Netcore Cloud, a leading customer experience and engagement platform, is pleased to announce a strategic partnership with Tall Bob, a premier SMS service provider headquartered in Australia with direct connections to the Mobile Network Operators. This collaboration introduces a newly developed SMS plugin specifically designed to empower Australian businesses with advanced SMS marketing capabilities integrated seamlessly into Netcore Cloud’s omnichannel marketing platform.

The partnership with Tall Bob aligns with Netcore Cloud’s strategy to strengthen its presence in the Australian and New Zealand MarTech ecosystem. By integrating local SMS services through Tall Bob, Netcore Cloud enhances its commitment to providing region-specific solutions that enable personalized, real-time communication. This partnership reflects Netcore’s dedication to driving customer engagement by offering tailored marketing solutions that meet the unique needs of Australian and New Zealand businesses.
The newly developed SMS plugin simplifies SMS integration into customer engagement strategies, enabling businesses to connect with their customers through personalized, scalable SMS campaigns. Key features of the plugin include:
Easy integration: A user-friendly setup process allows businesses to quickly incorporate SMS into their existing marketing strategies.Real-time analytics: The plugin provides robust tracking and analytics to measure the performance of SMS campaigns in real time, helping businesses optimize their marketing efforts.Compliance with local regulations: Ensuring adherence to Australian SMS marketing regulations, the plugin provides businesses a secure and compliant solution.Scalability: Designed to support campaigns of all sizes, from small businesses to large enterprises, enabling broad market reach.Accessibility: Tall Bob’s service layer provides customers with a deep understanding of best practice marketing campaigns, automation, segmentations and message design, resulting in better customer experiences and revenue growth for Netcore and Tall Bob’s clients.Ari Berman – Co-Founder and Commercial Director, Tall Bob said, “This partnership brings together Tall Bob’s local SMS expertise and Netcore Cloud’s global MarTech innovations, providing Australian businesses with a powerful, integrated solution to boost customer engagement and improve marketing performance. I am excited to witness how our collaboration not only simplifies SMS integration but also opens the door to a more holistic approach to communication, enabling brands in Australia and New Zealand to build stronger relationships with their customers.” 
Adding to this, Abithab Bhaskar, CEO – International Business, Netcore Cloud said, “Our shared vision is to enable Australian businesses to harness the full potential of real-time, personalized communication, elevating their marketing strategies to new heights. By combining forces, Netcore Cloud and Tall Bob are positioned to lead the way in delivering innovative, data-driven marketing solutions that empower businesses to connect with their customers like never before.”
About Netcore Cloud
Netcore Cloud, a global leader in marketing technology, empowers marketers with its comprehensive Customer Engagement and Experience Suite to create personalized, omnichannel experiences. Leveraging AI to integrate customer data, Netcore enables targeted segments and meaningful digital interactions. Trusted by over 6,500 brands across sectors like Ecommerce, Retail, Banking and Financial Services, Media and Entertainment, and Travel, its marquee clients include Walmart, Unilever, Tommy Hilfiger, Domino’s, McDonald’s, Pizza Hut, and Crocs.
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Artificial Intelligence

Dark Fiber Market Size to Grow USD 7594 Million by 2030 at a CAGR of 9.09% | Valuates Reports

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BANGALORE, India, Oct. 7, 2024 /PRNewswire/ — Dark Fiber Market is Segmented by Type (Single-Mode, Multi-Mode), by Application (Telecom, Oil & Gas, BFSI, Military & Defense, Medical, Railway, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Dark Fiber Market was valued at USD 4475 million in 2023 and is anticipated to reach USD 7594 million by 2030, witnessing a CAGR of 9.09% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Insect Dark Fiber Market:
The dark fiber market is experiencing robust growth due to the increasing demand for high-speed internet, data transfer, and secure communication infrastructure across various industries. Dark fiber refers to unused fiber-optic cables that are available for lease or purchase, allowing enterprises and service providers to establish private networks with dedicated bandwidth. The surge in data consumption, driven by cloud computing, 5G deployment, data centers, and IoT, has intensified the need for scalable and high-capacity networks, which dark fiber can provide. Additionally, sectors like telecom, IT, and healthcare are adopting dark fiber solutions to ensure better connectivity, network control, and security.
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TRENDS INFLUENCING THE GROWTH OF THE DARK FIBER MARKET
Single-mode fiber plays a crucial role in driving the growth of the dark fiber market due to its ability to support long-distance communication with minimal signal degradation. This fiber type offers high bandwidth and superior performance, making it ideal for telecommunication companies and data centers that require efficient transmission over extensive networks. The rapid increase in data consumption, driven by emerging technologies like 5G, cloud computing, and IoT, has intensified the demand for single-mode fiber. Its cost-effectiveness for long-haul applications further enhances its adoption, as it allows for higher transmission speeds and capacities over longer distances, making it a preferred choice for large-scale network expansion projects.
Multi-mode fiber is a key driver in the dark fiber market due to its efficiency in short-distance data transmission. Multi-mode fibers are particularly effective for data centers and intra-building communication networks where the focus is on high-speed connections over shorter distances. The demand for electric dark fiber, especially in urban infrastructure and renewable energy projects, has surged as these sectors require reliable, high-capacity data transfer solutions. Multi-mode fiber’s cost-effective installation and maintenance, along with its ability to handle high bandwidth over shorter distances, contribute significantly to the market’s growth, providing a reliable infrastructure for electric utilities and smart grid projects.
Telecom is one of the most significant sectors driving the growth of the dark fiber market due to the increasing demand for high-speed internet, large-scale network deployments, and seamless communication infrastructure. The rapid expansion of 5G networks, the need for backhaul connections, and the proliferation of data-intensive applications have all contributed to the growing adoption of dark fiber in the telecom industry. Telecom providers are leveraging dark fiber to reduce latency, enhance scalability, and increase network efficiency, which are critical for delivering enhanced customer experiences and supporting emerging digital services. As telecom networks continue to expand globally, the demand for dark fiber infrastructure is expected to rise.
One of the primary factors driving the growth of the dark fiber market is the exponential surge in global data consumption. With the widespread use of smartphones, connected devices, and the internet, data traffic has increased significantly. Streaming services, online gaming, video conferencing, and cloud computing are all fueling this growth. Dark fiber infrastructure is essential to accommodate this massive data flow, offering the bandwidth and capacity required to support such intensive usage. As businesses and consumers continue to generate more data, service providers rely on dark fiber networks to ensure faster, more reliable connections and to meet the growing demands for data transmission.
The growing adoption of cloud services by enterprises is another critical factor contributing to the growth of the dark fiber market. As businesses migrate their operations and data storage to the cloud, there is an increased need for high-speed, low-latency networks that can handle large volumes of data transmission. Dark fiber provides the necessary infrastructure for private, scalable, and secure network connectivity to the cloud. Enterprises across various industries, including healthcare, finance, and retail, are leveraging dark fiber to ensure seamless access to cloud applications, thus driving market growth. The continued shift toward cloud computing will likely increase demand for dark fiber solutions.
The rapid expansion of data centers worldwide is significantly boosting the dark fiber market. Data centers serve as critical hubs for storing and managing vast amounts of information. To ensure smooth operation, data centers require high-capacity, reliable, and secure fiber-optic networks. Dark fiber networks provide data centers with dedicated, high-performance connectivity, allowing them to scale their operations efficiently. The growth of edge computing and the need for real-time data processing have further intensified the demand for dark fiber connections in data centers. As the number of data centers grows, particularly in emerging markets, the need for dark fiber infrastructure will continue to rise.
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DARK FIBER MARKET SHARE ANALYSISThe dark fiber market shows varying growth trends across different regions, driven by factors like technological advancements and infrastructure investments. North America leads the market due to the rapid expansion of 5G networks, cloud computing adoption, and increasing data center construction. Europe follows closely, with countries investing in high-speed connectivity for smart cities and telecommunications. The Asia-Pacific region is witnessing significant growth, particularly in China, Japan, and India, driven by increased demand for internet services, telecom expansion, and government initiatives supporting digital infrastructure. Meanwhile, Latin America and the Middle East are also emerging as potential markets, propelled by growing data consumption and the need for improved connectivity in underdeveloped areas.
Key Players:
GTT CommunicationsUFINETVikram GroupDEPLUnite Private NetworksSterlite PowerColt Technology ServicesConsolidated CommunicationsCrown CastleNexGen NetworksSorrento NetworksFirstLightMicroscanWindstream Intellectual Property ServicesPurchase Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-8O16959/global-dark-fiber/1
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