Asia Pacific Quantum Technology Market 2021-2031 by Component (Hardware, Software, Services), Technology (Computing, Cryptography, Sensing and Imaging, QDP, QCL, Magnetometer, QKD)

Asia Pacific quantum technology market will grow by 26.1% annually with a total addressable market cap of $86,108.2 million over 2022-2031, driven by the rising demand for reliable network and computing, the growing government and private venture funding for quantum technologies, increasing R&D expenditure, and the expanding applications of quantum technology in various industrial sectors. 

Highlighted with 31 tables and 60 figures, this 127-page report “Asia Pacific Quantum Technology Market 2021-2031 by Component (Hardware, Software, Services), Technology (Computing, Cryptography, Sensing and Imaging, QDP, QCL, Magnetometer, QKD), Deployment Mode (On-premise, Cloud-based, Hybrid), Connectivity (Cellular, Non-Cellular), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific quantum technology market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure 

• Growth Drivers 

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific quantum technology market in every aspect of the classification from perspectives of Component, Technology, Deployment Mode, Connectivity, Industry Vertical, and Country. 

 

Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Hardware

• Software

• Services

 

Based on Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Quantum Computing

• Quantum Cryptography Communication

• Quantum Sensing and Imaging

• Quantum Dots Particles (QDP)

• Quantum Cascade Laser (QCL)

• Quantum Magnetometer

• Quantum Key Distribution (QKD)

 

By Deployment, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• On-premise Deployment

• Cloud-based Deployment

o Private Cloud

o Public Cloud

• Hybrid Deployment

 

By Connectivity, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Cellular Connectivity

o 3G

o 4G LTE

o 5G/6G

• Non-Cellular/IoT Connectivity

 

By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Consumer Electronics

• IT & Telecom

• Healthcare & Medical

• Banking, Financial Services and Insurance (BFSI)

• Energy & Utilities

• Oil and Gas

• Manufacturing

• Automotive and Transportation

• Aerospace & Defense

• Other Industry Verticals

 

Geographically, the following national/local markets are fully investigated:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Technology, Deployment Mode and Industry Vertical over the forecast years are also included.

 

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players: 

Aliro Quantum

Alphabet Inc. (Google)

D-Wave Systems, Inc.

Gem Systems

Hewlett Packard Enterprise

Honeywell International Inc (Quantinuum)

Intel Corporation

International Business Machines Corporation (IBM)

KETS Quantum Security

Microsoft Corporation

M-Squared Lasers Limited

NEC Corporation

QD Laser Co. Inc.

Quantum Brilliance

Quantum Computing Inc.

Qubitekk

Robert Bosch GmbH

Tencent Quantum Lab

Toshiba Corporation

ZTE Corporation 

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 19

2.1 Market Size and Forecast 19

2.1.1 Impact of COVID-19 on World Economy 20

2.1.2 Impact of COVID-19 on the Market 24

2.2 Major Growth Drivers 26

2.3 Market Restraints and Challenges 30

2.4 Emerging Opportunities and Market Trends 33

2.5 Porter’s Fiver Forces Analysis 37

3 Segmentation of Asia Pacific Market by Component 41

3.1 Market Overview by Component 41

3.2 Hardware 43

3.3 Software 44

3.4 Services 45

4 Segmentation of Asia Pacific Market by Technology 46

4.1 Market Overview by Technology 46

4.2 Quantum Computing 48

4.3 Quantum Cryptography Communication 49

4.4 Quantum Sensing and Imaging 50

4.5 Quantum Dots Particles (QDP) 51

4.6 Quantum Cascade Laser (QCL) 52

4.7 Quantum Magnetometer 53

4.8 Quantum Key Distribution (QKD) 54

5 Segmentation of Asia Pacific Market by Deployment Mode 55

5.1 Market Overview by Deployment Mode 55

5.2 On-premise Deployment 57

5.3 Cloud-based Deployment 58

5.3.1 Private Cloud 59

5.3.2 Public Cloud 60

5.4 Hybrid Deployment 61

6 Segmentation of Asia Pacific Market by Connectivity 62

6.1 Market Overview by Connectivity 62

6.2 Cellular Connectivity 64

6.2.1 3G 65

6.2.2 4G LTE 66

6.2.3 5G/6G 67

6.3 Non-Cellular/IoT Connectivity 68

7 Segmentation of Asia Pacific Market by Industry Vertical 69

7.1 Market Overview by Industry Vertical 69

7.2 Consumer Electronics 71

7.3 IT & Telecom 72

7.4 Healthcare & Medical 73

7.5 Banking, Financial Services and Insurance (BFSI) 74

7.6 Energy & Utilities 75

7.7 Oil and Gas 76

7.8 Manufacturing 77

7.9 Automotive and Transportation 78

7.10 Aerospace & Defense 79

7.11 Other Industry Verticals 80

8 Asia-Pacific Market 2021-2031 by Country 81

8.1 Overview of Asia-Pacific Market 81

8.2 Japan 84

8.3 China 88

8.4 Australia 91

8.5 India 94

8.6 South Korea 97

8.7 Rest of APAC Region 100

9 Competitive Landscape 102

9.1 Overview of Key Vendors 102

9.2 New Product Launch, Partnership, Investment, and M&A 105

9.3 Company Profiles 106

Aliro Quantum 106

Alphabet Inc. (Google) 108

D-Wave Systems, Inc. 109

Gem Systems 110

Hewlett Packard Enterprise 111

Honeywell International Inc (Quantinuum) 112

Intel Corporation 113

International Business Machines Corporation (IBM) 114

KETS Quantum Security 115

Microsoft Corporation 116

M-Squared Lasers Limited 117

NEC Corporation 118

QD Laser Co. Inc. 119

Quantum Brilliance 120

Quantum Computing Inc. 121

Qubitekk 122

Robert Bosch GmbH 123

Tencent Quantum Lab 124

Toshiba Corporation 125

ZTE Corporation 126

RELATED REPORTS 127

 

List of Tables:

 

Table 1.  Snapshot of Asia Pacific Quantum Technology Market in Balanced Perspective, 2021-2031 17

Table 2. World Economic Outlook, 2021-2031 21

Table 3. World Economic Outlook, 2021-2023 22

Table 4.  Main Product Trends and Market Opportunities in Asia Pacific Quantum Technology Market 33

Table 5. Asia Pacific Quantum Technology Market by Component, 2021-2031, $ mn 41

Table 6. Asia Pacific Quantum Technology Market by Technology, 2021-2031, $ mn 46

Table 7. Asia Pacific Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 55

Table 8. Asia Pacific Quantum Technology Market: Cloud-based Deployment by Type, 2021-2031, $ mn 58

Table 9. Asia Pacific Quantum Technology Market by Connectivity, 2021-2031, $ mn 62

Table 10. Asia Pacific Quantum Technology Market: Cellular Connectivity by Type, 2021-2031, $ mn 64

Table 11. Asia Pacific Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 69

Table 12. APAC Quantum Technology Market by Country, 2021-2031, $ mn 82

Table 13. Japan Quantum Technology Market by Technology, 2021-2031, $ mn 86

Table 14. Japan Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 86

Table 15. Japan Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 87

Table 16. China Quantum Technology Market by Technology, 2021-2031, $ mn 89

Table 17. China Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 89

Table 18. China Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 90

Table 19. Australia Quantum Technology Market by Technology, 2021-2031, $ mn 92

Table 20. Australia Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 92

Table 21. Australia Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 93

Table 22. India Quantum Technology Market by Technology, 2021-2031, $ mn 95

Table 23. India Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 95

Table 24. India Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 96

Table 25. South Korea Quantum Technology Market by Technology, 2021-2031, $ mn 98

Table 26. South Korea Quantum Technology Market by Deployment Mode, 2021-2031, $ mn 98

Table 27. South Korea Quantum Technology Market by Industry Vertical, 2021-2031, $ mn 99

Table 28. Quantum Technology Market in Rest of APAC by Country/Region, 2021-2031, $ mn 101

Table 29. Aliro Quantum: Company Snapshot 106

Table 30. Aliro Quantum: Business Segmentation 107

Table 31. Aliro Quantum: Product Portfolio 107

 

 

 

 

 

List of Figures:

 

Figure 1. Research Method Flow Chart 11

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14

Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16

Figure 4. Asia Pacific Quantum Technology Market, 2021-2031, $ mn 19

Figure 5. Impact of COVID-19 on Business 24

Figure 6. Primary Drivers and Impact Factors of Asia Pacific Quantum Technology Market 26

Figure 7. World Industrial IoT Market, 2019-2030, $ bn 29

Figure 8. World 5G Traffic, 2019-2030, EB/year 29

Figure 9. Primary Restraints and Impact Factors of Asia Pacific Quantum Technology Market 30

Figure 10. Investment Opportunity Analysis 34

Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Quantum Technology Market 37

Figure 12. Breakdown of Asia Pacific Quantum Technology Market by Component, 2021-2031, % of Revenue 42

Figure 13. Asia Pacific Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 42

Figure 14. Asia Pacific Quantum Technology Market by Component: Hardware, 2021-2031, $ mn 43

Figure 15. Asia Pacific Quantum Technology Market by Component: Software, 2021-2031, $ mn 44

Figure 16. Asia Pacific Quantum Technology Market by Component: Services, 2021-2031, $ mn 45

Figure 17. Breakdown of Asia Pacific Quantum Technology Market by Technology, 2021-2031, % of Sales Revenue 47

Figure 18. Asia Pacific Addressable Market Cap in 2022-2031 by Technology, Value ($ mn) and Share (%) 47

Figure 19. Asia Pacific Quantum Technology Market by Technology: Quantum Computing, 2021-2031, $ mn 48

Figure 20. Asia Pacific Quantum Technology Market by Technology: Quantum Cryptography Communication, 2021-2031, $ mn 49

Figure 21. Asia Pacific Quantum Technology Market by Technology: Quantum Sensing and Imaging, 2021-2031, $ mn 50

Figure 22. Asia Pacific Quantum Technology Market by Technology: Quantum Dots Particles (QDP), 2021-2031, $ mn 51

Figure 23. Asia Pacific Quantum Technology Market by Technology: Quantum Cascade Laser (QCL), 2021-2031, $ mn 52

Figure 24. Asia Pacific Quantum Technology Market by Technology: Quantum Magnetometer, 2021-2031, $ mn 53

Figure 25. Asia Pacific Quantum Technology Market by Technology: Quantum Key Distribution (QKD), 2021-2031, $ mn 54

Figure 26. Breakdown of Asia Pacific Quantum Technology Market by Deployment Mode, 2021-2031, % of Sales Revenue 56

Figure 27. Asia Pacific Addressable Market Cap in 2022-2031 by Deployment Mode, Value ($ mn) and Share (%) 56

Figure 28. Asia Pacific Quantum Technology Market by Deployment Mode: On-premise Deployment, 2021-2031, $ mn 57

Figure 29. Asia Pacific Quantum Technology Market by Deployment Mode: Cloud-based Deployment, 2021-2031, $ mn 58

Figure 30. Asia Pacific Quantum Technology Market by Cloud-based Deployment: Private Cloud, 2021-2031, $ mn 59

Figure 31. Asia Pacific Quantum Technology Market by Cloud-based Deployment: Public Cloud, 2021-2031, $ mn 60

Figure 32. Asia Pacific Quantum Technology Market by Deployment Mode: Hybrid Deployment, 2021-2031, $ mn 61

Figure 33. Breakdown of Asia Pacific Quantum Technology Market by Connectivity, 2021-2031, % of Revenue 63

Figure 34. Asia Pacific Addressable Market Cap in 2022-2031 by Connectivity, Value ($ mn) and Share (%) 63

Figure 35. Asia Pacific Quantum Technology Market by Connectivity: Cellular Connectivity, 2021-2031, $ mn 64

Figure 36. Asia Pacific Quantum Technology Market by Cellular Connectivity: 3G, 2021-2031, $ mn 65

Figure 37. Asia Pacific Quantum Technology Market by Cellular Connectivity: 4G LTE, 2021-2031, $ mn 66

Figure 38. Asia Pacific Quantum Technology Market by Cellular Connectivity: 5G/6G, 2021-2031, $ mn 67

Figure 39. Asia Pacific Quantum Technology Market by Connectivity: Non-Cellular/IoT Connectivity, 2021-2031, $ mn 68

Figure 40. Breakdown of Asia Pacific Quantum Technology Market by Industry Vertical, 2021-2031, % of Revenue 70

Figure 41. Asia Pacific Addressable Market Cap in 2022-2031 by Industry Vertical, Value ($ mn) and Share (%) 70

Figure 42. Asia Pacific Quantum Technology Market by Industry Vertical: Consumer Electronics, 2021-2031, $ mn 71

Figure 43. Asia Pacific Quantum Technology Market by Industry Vertical: IT & Telecom, 2021-2031, $ mn 72

Figure 44. Asia Pacific Quantum Technology Market by Industry Vertical: Healthcare & Medical, 2021-2031, $ mn 73

Figure 45. Asia Pacific Quantum Technology Market by Industry Vertical: Banking, Financial Services and Insurance (BFSI), 2021-2031, $ mn 74

Figure 46. Asia Pacific Quantum Technology Market by Industry Vertical: Energy & Utilities, 2021-2031, $ mn 75

Figure 47. Asia Pacific Quantum Technology Market by Industry Vertical: Oil and Gas, 2021-2031, $ mn 76

Figure 48. Asia Pacific Quantum Technology Market by Industry Vertical: Manufacturing, 2021-2031, $ mn 77

Figure 49. Asia Pacific Quantum Technology Market by Industry Vertical: Automotive and Transportation, 2021-2031, $ mn 78

Figure 50. Asia Pacific Quantum Technology Market by Industry Vertical: Aerospace & Defense, 2021-2031, $ mn 79

Figure 51. Asia Pacific Quantum Technology Market by Industry Vertical: Other Industry Verticals, 2021-2031, $ mn 80

Figure 52. Breakdown of APAC Quantum Technology Market by Country, 2021 and 2031, % of Revenue 82

Figure 53. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 83

Figure 54.  Quantum Technology Market in Japan, 2021-2031, $ mn 85

Figure 55.  Quantum Technology Market in China, 2021-2031, $ mn 88

Figure 56.  Quantum Technology Market in Australia, 2021-2031, $ mn 91

Figure 57.  Quantum Technology Market in India, 2021-2031, $ mn 94

Figure 58.  Quantum Technology Market in South Korea, 2021-2031, $ mn 97

Figure 59.  Quantum Technology Market in Rest of APAC, 2021-2031, $ mn 100

Figure 60. Growth Stage of Asia Pacific Quantum Technology Industry over the Forecast Period 102