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PUBLISHER: KBV Research | PRODUCT CODE: 1555866
PUBLISHER: KBV Research | PRODUCT CODE: 1555866
LAMEA 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
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The Latin America, Middle East and Africa Quantum AI Market would witness market growth of 38.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Quantum AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $40.7 million by 2031. The Argentina market is showcasing a CAGR of 39.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 37% during (2024 - 2031).
This is also poised to revolutionize personalized medicine. By enabling more precise simulations of how different drugs interact with individual patients' unique biological systems, this can help tailor treatments to each patient's specific needs. In oncology, personalized medicine is becoming increasingly significant, and this approach has the potential to enhance the efficacy of treatments and decrease the risk of adverse reactions. For example, this AI could model how different cancer treatments interact with a patient's genetic makeup, allowing doctors to select the most effective therapy with the least side effects.
The market is confronted with numerous substantial obstacles that must be resolved prior to the widespread adoption of this despite its immense potential. One of the most pressing issues is the current state of quantum computing technology. While there have been impressive advancements in quantum hardware and software, fully functional quantum computers that can consistently outperform classical systems are still in the developmental stage.
The demand for this across the LAMEA region is shaped by various factors, including government initiatives, the strategic importance of technological leadership, and the need to address specific regional challenges. In the Middle East, the UAE and Saudi Arabia are pioneering the integration of this AI into their broader digital transformation agendas through robust government programs. The UAE government has been proactive in adopting advanced technologies, as reflected in its Vision 2021 and the subsequent UAE Centennial 2071 plan, which aims to make the country a leader in various technological fields, including AI and quantum computing. The UAE's Ministry of Artificial Intelligence, established in 2017, has been instrumental in promoting AI integration across sectors, and quantum computing is seen as the next frontier. Thus, as these countries continue to invest in quantum technologies and AI, the LAMEA region is poised to become an important player in the global quantum AI landscape.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.)
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Quantum AI Market, by Deployment Mode
- 1.4.2 LAMEA Quantum AI Market, by Application
- 1.4.3 LAMEA Quantum AI Market, by Component
- 1.4.4 LAMEA 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. LAMEA Quantum AI Market by Deployment Mode
- 5.1 LAMEA On-premises Market by Country
- 5.2 LAMEA Cloud based Market by Country
Chapter 6. LAMEA Quantum AI Market by Application
- 6.1 LAMEA Machine learning & Optimization Market by Country
- 6.2 LAMEA Simulation and Modeling Market by Country
- 6.3 LAMEA Cryptography & Security Market by Country
Chapter 7. LAMEA Quantum AI Market by Component
- 7.1 LAMEA Hardware Market by Country
- 7.2 LAMEA Software Market by Country
- 7.3 LAMEA Services Market by Country
Chapter 8. LAMEA Quantum AI Market by Country
- 8.1 Brazil Quantum AI Market
- 8.1.1 Brazil Quantum AI Market by Deployment Mode
- 8.1.2 Brazil Quantum AI Market by Application
- 8.1.3 Brazil Quantum AI Market by Component
- 8.2 Argentina Quantum AI Market
- 8.2.1 Argentina Quantum AI Market by Deployment Mode
- 8.2.2 Argentina Quantum AI Market by Application
- 8.2.3 Argentina Quantum AI Market by Component
- 8.3 UAE Quantum AI Market
- 8.3.1 UAE Quantum AI Market by Deployment Mode
- 8.3.2 UAE Quantum AI Market by Application
- 8.3.3 UAE Quantum AI Market by Component
- 8.4 Saudi Arabia Quantum AI Market
- 8.4.1 Saudi Arabia Quantum AI Market by Deployment Mode
- 8.4.2 Saudi Arabia Quantum AI Market by Application
- 8.4.3 Saudi Arabia Quantum AI Market by Component
- 8.5 South Africa Quantum AI Market
- 8.5.1 South Africa Quantum AI Market by Deployment Mode
- 8.5.2 South Africa Quantum AI Market by Application
- 8.5.3 South Africa Quantum AI Market by Component
- 8.6 Nigeria Quantum AI Market
- 8.6.1 Nigeria Quantum AI Market by Deployment Mode
- 8.6.2 Nigeria Quantum AI Market by Application
- 8.6.3 Nigeria Quantum AI Market by Component
- 8.7 Rest of LAMEA Quantum AI Market
- 8.7.1 Rest of LAMEA Quantum AI Market by Deployment Mode
- 8.7.2 Rest of LAMEA Quantum AI Market by Application
- 8.7.3 Rest of LAMEA 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 LAMEA Quantum AI Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA 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 LAMEA Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 6 LAMEA Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 7 LAMEA On-premises Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA On-premises Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Cloud based Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Cloud based Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 12 LAMEA Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 13 LAMEA Machine learning & Optimization Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Machine learning & Optimization Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Simulation and Modeling Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Simulation and Modeling Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Cryptography & Security Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Cryptography & Security Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 20 LAMEA Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 21 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Software Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Software Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Services Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Services Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Quantum AI Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Quantum AI Market by Country, 2024 - 2031, USD Million
- TABLE 29 Brazil Quantum AI Market, 2020 - 2023, USD Million
- TABLE 30 Brazil Quantum AI Market, 2024 - 2031, USD Million
- TABLE 31 Brazil Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 32 Brazil Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 33 Brazil Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 34 Brazil Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 35 Brazil Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 36 Brazil Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 37 Argentina Quantum AI Market, 2020 - 2023, USD Million
- TABLE 38 Argentina Quantum AI Market, 2024 - 2031, USD Million
- TABLE 39 Argentina Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 40 Argentina Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 41 Argentina Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 42 Argentina Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 43 Argentina Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 44 Argentina Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 45 UAE Quantum AI Market, 2020 - 2023, USD Million
- TABLE 46 UAE Quantum AI Market, 2024 - 2031, USD Million
- TABLE 47 UAE Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 48 UAE Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 49 UAE Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 50 UAE Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 51 UAE Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 52 UAE Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 53 Saudi Arabia Quantum AI Market, 2020 - 2023, USD Million
- TABLE 54 Saudi Arabia Quantum AI Market, 2024 - 2031, USD Million
- TABLE 55 Saudi Arabia Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 56 Saudi Arabia Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 57 Saudi Arabia Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 58 Saudi Arabia Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 59 Saudi Arabia Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 60 Saudi Arabia Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 61 South Africa Quantum AI Market, 2020 - 2023, USD Million
- TABLE 62 South Africa Quantum AI Market, 2024 - 2031, USD Million
- TABLE 63 South Africa Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 64 South Africa Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 65 South Africa Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 66 South Africa Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 67 South Africa Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 68 South Africa Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 69 Nigeria Quantum AI Market, 2020 - 2023, USD Million
- TABLE 70 Nigeria Quantum AI Market, 2024 - 2031, USD Million
- TABLE 71 Nigeria Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 72 Nigeria Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 73 Nigeria Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 74 Nigeria Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 75 Nigeria Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 76 Nigeria Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 77 Rest of LAMEA Quantum AI Market, 2020 - 2023, USD Million
- TABLE 78 Rest of LAMEA Quantum AI Market, 2024 - 2031, USD Million
- TABLE 79 Rest of LAMEA Quantum AI Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 80 Rest of LAMEA Quantum AI Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 81 Rest of LAMEA Quantum AI Market by Application, 2020 - 2023, USD Million
- TABLE 82 Rest of LAMEA Quantum AI Market by Application, 2024 - 2031, USD Million
- TABLE 83 Rest of LAMEA Quantum AI Market by Component, 2020 - 2023, USD Million
- TABLE 84 Rest of LAMEA Quantum AI Market by Component, 2024 - 2031, USD Million
- TABLE 85 Key Information - Amazon Web Services, Inc.
- TABLE 86 Key Information - Microsoft Corporation
- TABLE 87 Key Information - Google LLC
- TABLE 88 Key Information - IBM Corporation
- TABLE 89 Key Information - Fujitsu Limited
- TABLE 90 Key Information - Intel Corporation
- TABLE 91 Key Information - Toshiba International Corporation
- TABLE 92 Key Information - Rigetti Computing, Inc.
- TABLE 93 Key Information - D-Wave Systems Inc.
- TABLE 94 Key Information - Hitachi Digital Services, LLC
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