PUBLISHER: KBV Research | PRODUCT CODE: 1555848
PUBLISHER: KBV Research | PRODUCT CODE: 1555848
North America Quantum AI Market Size, Share & Trends Analysis Report By Deployment Mode (On-premises and Cloud based), By Application (Machine learning & Optimization), By Component (Hardware and Services), By Country and Growth Forecast, 2024 - 2031
The North America Quantum AI Market would witness market growth of 34.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Quantum AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $626.9 million by 2031. The Canada market is experiencing a CAGR of 37.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 36.3% during (2024 - 2031).
This is a cutting-edge computational system that combines quantum computing and artificial intelligence (AI) to solve problems and complete tasks more effectively than classical AI models. The concept of this leverages the unique properties of quantum computing-such as superposition, entanglement, and quantum parallelism-to enhance the capabilities of AI algorithms, allowing them to handle more complex calculations, analyze larger datasets, and generate insights at unprecedented speeds.
As industries increasingly rely on AI to drive innovation, enhance efficiency, and gain competitive advantages, the limitations of classical computing systems are becoming more apparent. Despite its immense power, traditional AI is still constrained by the limitations of classical processors, which are unable to manage the extensive data and intricate computations necessitated by contemporary AI algorithms. As a result, the nascent but rapidly expanding field of this has emerged as a result of the investigation of quantum computation to circumvent these constraints.
Mexico's increasing demand for this is driven by its growing focus on technological modernization and industry-specific applications. The Mexican government has recognized the importance of adopting advanced technologies to enhance its economic competitiveness, leading to initiatives that encourage AI and quantum computing innovation. While Mexico's quantum research landscape is still developing, there is growing interest in leveraging this to address agriculture, energy, and logistics challenges. For instance, the Mexican Ministry of Science and Technology has highlighted this as a priority in its recent technology roadmaps. Although Mexico's government funding for quantum research is not as substantial as that of its northern neighbors, partnerships with international research institutions and private sector investment are helping to accelerate the adoption of this in the country. As these technologies mature, the region is poised to play a critical role in shaping the future of quantum AI globally.
Based on Deployment Mode, the market is segmented into On-premises and Cloud based. Based on Application, the market is segmented into Machine learning & Optimization, Simulation and Modeling, and Cryptography & Security. Based on Component, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Fujitsu Limited
- Intel Corporation
- Toshiba Corporation
- Rigetti Computing, Inc.
- D-Wave Systems Inc.
- Hitachi Digital Services, LLC (Hitachi Ltd.)
North America Quantum AI Market Report Segmentation
By Deployment Mode
- On-premises
- Cloud based
By Application
- Machine learning & Optimization
- Simulation and Modeling
- Cryptography & Security
By Component
- Hardware
- Software
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Quantum AI Market, by Deployment Mode
- 1.4.2 North America Quantum AI Market, by Application
- 1.4.3 North America Quantum AI Market, by Component
- 1.4.4 North America Quantum AI Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Oct - 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Quantum AI Market by Deployment Mode
- 5.1 North America On-premises Market by Country
- 5.2 North America Cloud based Market by Country
Chapter 6. North America Quantum AI Market by Application
- 6.1 North America Machine learning & Optimization Market by Country
- 6.2 North America Simulation and Modeling Market by Country
- 6.3 North America Cryptography & Security Market by Country
Chapter 7. North America Quantum AI Market by Component
- 7.1 North America Hardware Market by Country
- 7.2 North America Software Market by Country
- 7.3 North America Services Market by Country
Chapter 8. North America Quantum AI Market by Country
- 8.1 US Quantum AI Market
- 8.1.1 US Quantum AI Market by Deployment Mode
- 8.1.2 US Quantum AI Market by Application
- 8.1.3 US Quantum AI Market by Component
- 8.2 Canada Quantum AI Market
- 8.2.1 Canada Quantum AI Market by Deployment Mode
- 8.2.2 Canada Quantum AI Market by Application
- 8.2.3 Canada Quantum AI Market by Component
- 8.3 Mexico Quantum AI Market
- 8.3.1 Mexico Quantum AI Market by Deployment Mode
- 8.3.2 Mexico Quantum AI Market by Application
- 8.3.3 Mexico Quantum AI Market by Component
- 8.4 Rest of North America Quantum AI Market
- 8.4.1 Rest of North America Quantum AI Market by Deployment Mode
- 8.4.2 Rest of North America Quantum AI Market by Application
- 8.4.3 Rest of North America Quantum AI Market by Component
Chapter 9. Company Profiles
- 9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Partnerships, Collaborations, and Agreements:
- 9.1.4.2 Product Launches and Product Expansions:
- 9.1.5 SWOT Analysis
- 9.2 Microsoft Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Google LLC (Alphabet Inc.)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 IBM Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 Fujitsu Limited
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 Intel Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.6 SWOT Analysis
- 9.7 Toshiba International Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research and Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.6 SWOT Analysis
- 9.8 Rigetti Computing, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Product Launches and Product Expansions:
- 9.9 D-Wave Systems Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.10. Hitachi Digital Services, LLC (Hitachi Ltd.)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
LIST OF TABLES
- TABLE 1 North America Quantum AI Market, 2020 - 2023, USD Million
- TABLE 2 North America Quantum AI Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Quantum AI Market
- TABLE 4 Product Launches And Product Expansions- Quantum AI Market
- TABLE 5 North America Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 6 North America Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 7 North America On-premises Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America On-premises Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Cloud based Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Cloud based Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 12 North America Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 13 North America Machine learning & Optimization Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Machine learning & Optimization Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Simulation and Modeling Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Simulation and Modeling Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Cryptography & Security Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Cryptography & Security Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 20 North America Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 21 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Quantum AI Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Quantum AI Market by Country, 2024 - 2031, USD Million
- TABLE 29 US Quantum AI Market, 2020 - 2023, USD Million
- TABLE 30 US Quantum AI Market, 2024 - 2031, USD Million
- TABLE 31 US Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 32 US Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 33 US Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 34 US Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 35 US Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 36 US Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 37 Canada Quantum AI Market, 2020 - 2023, USD Million
- TABLE 38 Canada Quantum AI Market, 2024 - 2031, USD Million
- TABLE 39 Canada Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 40 Canada Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 41 Canada Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 42 Canada Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 43 Canada Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 44 Canada Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 45 Mexico Quantum AI Market, 2020 - 2023, USD Million
- TABLE 46 Mexico Quantum AI Market, 2024 - 2031, USD Million
- TABLE 47 Mexico Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 48 Mexico Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 49 Mexico Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 50 Mexico Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 51 Mexico Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 52 Mexico Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 53 Rest of North America Quantum AI Market, 2020 - 2023, USD Million
- TABLE 54 Rest of North America Quantum AI Market, 2024 - 2031, USD Million
- TABLE 55 Rest of North America Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 56 Rest of North America Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 57 Rest of North America Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 58 Rest of North America Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 59 Rest of North America Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 60 Rest of North America Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 61 Key Information - Amazon Web Services, Inc.
- TABLE 62 Key Information - Microsoft Corporation
- TABLE 63 Key Information - Google LLC
- TABLE 64 Key Information - IBM Corporation
- TABLE 65 Key Information - Fujitsu Limited
- TABLE 66 Key Information - Intel Corporation
- TABLE 67 Key Information - Toshiba International Corporation
- TABLE 68 Key Information - Rigetti Computing, Inc.
- TABLE 69 Key Information - D-Wave Systems Inc.
- TABLE 70 Key Information - Hitachi Digital Services, LLC
