Top 10 Predictions for the Global HPC Community in 2023

A review of the number of quantum communications (QComm) research papers published over the last five years shows that QComm basic science as well as R&D efforts are centered within China, with the US a distant second and perhaps falling further behind. Most other nations are publishing a steady, but smaller stream of QComm-related publications well behind what China is producing.

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.