Regional Profiles of AI Capability: The European Union
Authors: Michael Feldman, Melissa Riddle
Publication Date: March 2020
Length: 7 pages
In 2018, the European Union (EU) officially entered the competition for global leadership in artificial intelligence, outlining its strategy under the Coordinated Plan on Artificial Intelligence. Like China and the United States, the EU sees the technology as a major driver for regional economic growth and productivity, as well as a way to solve the world’s most pressing environmental and social challenges.
Overview of Key Government Support to Quantum Technology Development
Bob Sorensen, Earl Joseph
National governments around the world are moving to enact new quantum computing research activities or expand the scope and ambitions of existing programs, driven by a range of both national security and industrial competitiveness imperatives. The bulk of current and planned programs center on funding basic and advanced research in quantum technologies, primarily at national laboratories or related academic facilities.
March 2020 | Special Analysis
Key Takeaways from QC Market Study: Global Quantum Computing Market Projected to Grow to Over $800 million by 2024
Bob Sorensen and Earl Joseph
According to a recent Hyperion Research study of 135 US quantum computing (QC) technology developers across the academic, commercial and government sectors, the global QC market was worth about $250 million (+/- $30 million) in 2019. Based on an anticipated CAGR of 27% between 2020 and 2024, the global QC market will grow from approximately $320 million in 2020 to $830 million in 2024. On-prem and cloud access QC hardware will comprise about 50% of the global QC market for the next three years, while optimization, physical simulation, and machine learning will near equally divide the algorithm space. This is Hyperion Research's baseline estimate for the rapidly evolving market, and Hyperion Research anticipates providing periodic updates as events, information, and decision-making requirements within the sector dictate.
October 2020 | Special Analysis