South Korea, Israel, and Australia: The New Frontiers for Quantum Chip Market Players


Posted March 18, 2025 by Datastring

South Korea, Israel, and Australia are the fastest growing demand hubs within the $1.1 billion Quantum Chip market and expected to grow with a CAGR range of 32.6% and 47.6% for the period of 2025 to 2030.

 
Leading players in such as IBM, Google, Intel, D-Wave, Rigetti, Honeywell, Xanadu, IonQ, Toshiba, Alibaba Quantum Laboratory, Microsoft and Fujitsu are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share.

Check detailed insights here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ช๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ-๐œ๐ก๐ข๐ฉ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

Several companies have started providing quantum computing solutions through cloud based services to allow more businesses access to quantum technology.

๐†๐ฅ๐จ๐›๐š๐ฅ & ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

As per research study, Quantum Chip is expected to rise to $27.0 billion by 2035 from $1.1 billion of 2024 with a CAGR of 34.0%. In the realm of quantum chips market growth in North America takes the lead as significant investments in research and development are made by players such as IBM and Google pushing progress forward. The U.S. government also backs quantum technology through financial support and policy efforts.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

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Last Updated March 18, 2025