Innovations & technologies

According to Homeland Security Research Corp. The Quantum Computing Market Will Reach $10.7 Billion by 2024

A recent report by Homeland Security Research Corp. (HSRC) reveals that we are in the midst of a "Quantum Computing Supremacy Race," one that will result in groundbreaking computing power, enabling disruptive new quantum computing technologies. Those have the potential to change long-held dynamics in commerce, intelligence, military affairs, and strategic balance of power. This race is projected to propel the Quantum Computing Technologies & Global Market to $10.7 billion by 2024.

If you have been paying attention to the news on quantum computing and the evolution of industrial and national efforts towards realizing a scalable, fault-tolerant quantum computer that can tackle problems unmanageable to current supercomputing capabilities - then you know that something big is stirring throughout the quantum world.

Near-term expectations for quantum computing range from solving optimization problems, quantum-encrypted communications, artificial intelligence, smart manufacturing & logistics and smart retail, through quantum computing in the cloud and molecular structure research.