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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
The quantum mechanical equivalent of a classical bit is called a qubit (or quantum bit). Information is encoded in bits in traditional computing, where each bit can have a value of zero or one.
Qubits are used in quantum computing to store information. A qubit is a two-level quantum system, and its two fundamental states are typically represented by the numbers 0 and 1.
Unlike a traditional bit, a qubit can be in state 0, state 1, or a linear combination of both states.
Any bit made from a quantum system, such as an electron or photon, is referred to as a quantum bit. A quantum bit must have two different states, one representing "0," and the other representing "1," much like classical bits.
In simple terms a quantum bit, or qubit, is the binary digit or bit of classical computing's quantum counterpart. A qubit is the fundamental informational building block in a quantum computer, just as a bit is in a classical one.
The Global qubit market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
IBM unveiled its ground-breaking vision for quantum-centric supercomputing along with new, ground-breaking developments in quantum hardware and software.
IBM is one step closer to using quantum computers to solve problems that were previously intractable thanks to the new 433 qubit "Osprey" processor.
With more than triple the 127 qubits on the IBM Eagle processor, which was unveiled in 2021, IBM Osprey has the most qubits of any IBM quantum processor.
This processor has the ability to perform intricate quantum computations that are far beyond the capabilities of any classical computer.
As a point of comparison, the number of classical bits required to represent a state on the IBM Osprey processor far outnumbers the number of atoms in the entire known universe.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |