Global Quantum Computing Market to Gain $667.3 Million and

New York, USA, June 07, 2021 (GLOBE NEWSWIRE) — According to a recent report studied by Research Dive, the global quantum computing market is speculated to exceed $667.3 million by the end of 2027, rising from a market size of $88.2 million in 2019, at a growth rate of 30.0% during 2020-2027 estimated timeframe. The report highlights the coronavirus mayhem impact on the market, major drivers, hindrances, and regional outlook of the market. The research methodology used in the report is a combination of both primary and secondary research methods.

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Covid-19 Outbreak Impact on the Global Market

The quantum computing market is anticipated to experience a positive impact globally during the coronavirus crises. The reason for market growth is that quantum technology offers augmented performance computing that can shift dynamics for quantum chemistry. Further, quantum technology provides exponential speed for amplified optimization and vital calculations. These facets are predicted to govern the market growth during the coronavirus emergency.

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Aspects Impacting the Market

The global quantum computing market is projected to witness progressive growth due to rise in the…