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Automotive Quantum Computing Market Share

Report ID: GMI5777
Published Date: May 2023
Report Format: PDF

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Automotive Quantum Computing Market Share

The major companies operating in the automotive quantum computing market include

Amazon Web Services, Inc.
D-Wave Systems Inc
Fujitsu Limited
Google LLC
Huawei Technologies Co., Ltd.
IonQ
ISARA Corporation
Microsoft Corporation
PASQAL
PsiQuantum
Q-CTRL
QC Ware Forge
QpiAI Tech
Rigetti Computing, Inc.
Strangeworks, Inc.
The International Business Machines Corporation
Xanadu Quantum Technologies
Zapata Computing

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive quantum computing was reached USD 170 million in 2022 and will witness over 35% CAGR from 2023 to 2032, driven by the rising popularity of self-driving cars.

Cloud automotive quantum computing market size witnessed over 35% CAGR in 2022, owing to growing penetration in startups and small businesses.

Asia Pacific market will record over 40% CAGR during 2023 to 2022, on account of the strong presence of major automotive OEMs and manufacturers in this region.

The vehicle routing & traffic optimization application segment held over 20% of the market share in 2022, due to the surging need for reducing travel time and traffic congestion.