Europe Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution, By Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

The Europe Cloud-based Quantum Computing Market would witness market growth of 19.4% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Cloud-based Quantum Computing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $134.2 million by 2030. The UK market is exhibiting a CAGR of 18.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 20.3% during (2023 - 2030).

Several industries have embraced cloud-based computing as a harbinger of innovation and problem-solving capabilities. In the early stages of adoption, industries such as finance, healthcare, materials science, and logistics have emerged as pioneers. Financial institutions leverage quantum algorithms for portfolio optimization and risk analysis, while healthcare explores quantum solutions for drug discovery and genetic research. Materials science benefits from quantum simulations, and logistics seeks quantum solutions for optimization challenges.

The healthcare sector is experiencing unprecedented growth and evolution, driven by advancements in medical technology, genomic research, and a heightened focus on personalized medicine. With health expenditures exceeding 12% of their GDP, Germany and France allocated the highest proportions. The synergy between healthcare and cloud-based technology opens up new possibilities, paving the way for transformative breakthroughs and advancements in the quest for better health outcomes.

Quantum algorithms can process vast datasets to improve operational efficiency, reduce costs, and enhance overall healthcare service delivery within the EU. According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. Thus, the rising healthcare sector in Europe will assist in the growth of the regional this market.

Free Valuable Insights: The Global Cloud-based Quantum Computing Market will Hit USD 2.1 Billion by 2030, at a CAGR of 19.9%

Based on Solution, the market is segmented into Software, and Services. Based on Technology, the market is segmented into Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others. Based on Application, the market is segmented into Optimization, Simulation & Modelling, Sampling, and Others. Based on Vertical, the market is segmented into BFSI, Healthcare, Automotive, Energy & Power, Aerospace & Defense, Government, Chemical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Google LLC (Alphabet Inc.)
• Microsoft Corporation
• IBM Corporation
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Baidu, Inc.
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Terra Quantum AG
• SpinQ Technology Co., Ltd.
• QpiCloud Techonologies
• CERN

Europe Cloud-based Quantum Computing Market Report Segmentation

By Solution

• Software
• Services

By Technology

• Superconducting Qubits
• Trapped Ions
• Quantum Annealing
• Others

By Application

• Optimization
• Simulation & Modelling
• Sampling
• Others

By Vertical

• BFSI
• Healthcare
• Automotive
• Energy & Power
• Aerospace & Defense
• Government
• Chemical
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Cloud-based Quantum Computing Market, by Solution
1.4.2 Europe Cloud-based Quantum Computing Market, by Technology
1.4.3 Europe Cloud-based Quantum Computing Market, by Application
1.4.4 Europe Cloud-based Quantum Computing Market, by Vertical
1.4.5 Europe Cloud-based Quantum Computing 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
3.2 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
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Cloud-based Quantum Computing Market

Chapter 5. Europe Cloud-based Quantum Computing Market by Solution
5.1 Europe Software Market by Country
5.2 Europe Services Market by Country

Chapter 6. Europe Cloud-based Quantum Computing Market by Technology
6.1 Europe Superconducting Qubits Market by Country
6.2 Europe Trapped Ions Market by Country
6.3 Europe Quantum Annealing Market by Country
6.4 Europe Others Market by Country

Chapter 7. Europe Cloud-based Quantum Computing Market by Application
7.1 Europe Optimization Market by Country
7.2 Europe Simulation & Modelling Market by Country
7.3 Europe Sampling Market by Country
7.4 Europe Others Market by Country

Chapter 8. Europe Cloud-based Quantum Computing Market by Vertical
8.1 Europe BFSI Market by Country
8.2 Europe Healthcare Market by Country
8.3 Europe Automotive Market by Country
8.4 Europe Energy & Power Market by Country
8.5 Europe Aerospace & Defense Market by Country
8.6 Europe Government Market by Country
8.7 Europe Chemical Market by Country
8.8 Europe Others Market by Country

Chapter 9. Europe Cloud-based Quantum Computing Market by Country
9.1 Germany Cloud-based Quantum Computing Market
9.1.1 Germany Cloud-based Quantum Computing Market by Solution
9.1.2 Germany Cloud-based Quantum Computing Market by Technology
9.1.3 Germany Cloud-based Quantum Computing Market by Application
9.1.4 Germany Cloud-based Quantum Computing Market by Vertical
9.2 UK Cloud-based Quantum Computing Market
9.2.1 UK Cloud-based Quantum Computing Market by Solution
9.2.2 UK Cloud-based Quantum Computing Market by Technology
9.2.3 UK Cloud-based Quantum Computing Market by Application
9.2.4 UK Cloud-based Quantum Computing Market by Vertical
9.3 France Cloud-based Quantum Computing Market
9.3.1 France Cloud-based Quantum Computing Market by Solution
9.3.2 France Cloud-based Quantum Computing Market by Technology
9.3.3 France Cloud-based Quantum Computing Market by Application
9.3.4 France Cloud-based Quantum Computing Market by Vertical
9.4 Russia Cloud-based Quantum Computing Market
9.4.1 Russia Cloud-based Quantum Computing Market by Solution
9.4.2 Russia Cloud-based Quantum Computing Market by Technology
9.4.3 Russia Cloud-based Quantum Computing Market by Application
9.4.4 Russia Cloud-based Quantum Computing Market by Vertical
9.5 Spain Cloud-based Quantum Computing Market
9.5.1 Spain Cloud-based Quantum Computing Market by Solution
9.5.2 Spain Cloud-based Quantum Computing Market by Technology
9.5.3 Spain Cloud-based Quantum Computing Market by Application
9.5.4 Spain Cloud-based Quantum Computing Market by Vertical
9.6 Italy Cloud-based Quantum Computing Market
9.6.1 Italy Cloud-based Quantum Computing Market by Solution
9.6.2 Italy Cloud-based Quantum Computing Market by Technology
9.6.3 Italy Cloud-based Quantum Computing Market by Application
9.6.4 Italy Cloud-based Quantum Computing Market by Vertical
9.7 Rest of Europe Cloud-based Quantum Computing Market
9.7.1 Rest of Europe Cloud-based Quantum Computing Market by Solution
9.7.2 Rest of Europe Cloud-based Quantum Computing Market by Technology
9.7.3 Rest of Europe Cloud-based Quantum Computing Market by Application
9.7.4 Rest of Europe Cloud-based Quantum Computing Market by Vertical

Chapter 10. Company Profiles
10.1 Google LLC (Alphabet Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Geographical Expansions:
10.3.6 SWOT Analysis
10.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Geographical Expansions:
10.4.5 SWOT Analysis
10.5 Baidu, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Terra Quantum AG
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Geographical Expansions:
10.7.3 SWOT Analysis
10.8 SpinQ Technology Co., Ltd.
10.8.1 Company Overview
10.9 QpiCloud Techonologies
10.9.1 Company Overview
10.10. CERN
10.10.1 Company Overview
10.10.2 SWOT Analysis

TABLE 1 Europe Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 2 Europe Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 3 Europe Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 4 Europe Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 5 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Software Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Services Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 10 Europe Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 11 Europe Superconducting Qubits Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Superconducting Qubits Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Trapped Ions Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Trapped Ions Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Quantum Annealing Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Quantum Annealing Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 20 Europe Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 21 Europe Optimization Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Optimization Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Simulation & Modelling Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Simulation & Modelling Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Sampling Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Sampling Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 30 Europe Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 31 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Government Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Chemical Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Chemical Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Cloud-based Quantum Computing Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Cloud-based Quantum Computing Market by Country, 2023 - 2030, USD Million
TABLE 49 Germany Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 50 Germany Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 51 Germany Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 52 Germany Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 53 Germany Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 54 Germany Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 55 Germany Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 56 Germany Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 57 Germany Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 58 Germany Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 59 UK Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 60 UK Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 61 UK Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 62 UK Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 63 UK Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 64 UK Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 65 UK Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 66 UK Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 67 UK Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 68 UK Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 69 France Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 70 France Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 71 France Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 72 France Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 73 France Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 74 France Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 75 France Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 76 France Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 77 France Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 78 France Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 79 Russia Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 80 Russia Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 81 Russia Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 82 Russia Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 83 Russia Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 84 Russia Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 85 Russia Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 86 Russia Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 87 Russia Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 88 Russia Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 89 Spain Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 90 Spain Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 91 Spain Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 92 Spain Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 93 Spain Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 94 Spain Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 95 Spain Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 96 Spain Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 97 Spain Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 98 Spain Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 99 Italy Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 100 Italy Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 101 Italy Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 102 Italy Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 103 Italy Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 104 Italy Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 105 Italy Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 106 Italy Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 107 Italy Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 108 Italy Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 109 Rest of Europe Cloud-based Quantum Computing Market, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Cloud-based Quantum Computing Market, 2023 - 2030, USD Million
TABLE 111 Rest of Europe Cloud-based Quantum Computing Market by Solution, 2019 - 2022, USD Million
TABLE 112 Rest of Europe Cloud-based Quantum Computing Market by Solution, 2023 - 2030, USD Million
TABLE 113 Rest of Europe Cloud-based Quantum Computing Market by Technology, 2019 - 2022, USD Million
TABLE 114 Rest of Europe Cloud-based Quantum Computing Market by Technology, 2023 - 2030, USD Million
TABLE 115 Rest of Europe Cloud-based Quantum Computing Market by Application, 2019 - 2022, USD Million
TABLE 116 Rest of Europe Cloud-based Quantum Computing Market by Application, 2023 - 2030, USD Million
TABLE 117 Rest of Europe Cloud-based Quantum Computing Market by Vertical, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Cloud-based Quantum Computing Market by Vertical, 2023 - 2030, USD Million
TABLE 119 Key Information – Google LLC
TABLE 120 Key Information – Microsoft Corporation
TABLE 121 Key Information – IBM Corporation
TABLE 122 Key Information – Amazon Web Services, Inc.
TABLE 123 Key Information – Baidu, Inc.
TABLE 124 Key Information – Huawei Technologies Co., Ltd.
TABLE 125 Key Information – Terra Quantum AG
TABLE 126 Key Information –SpinQ Technology Co., Ltd.
TABLE 127 Key Information – QpiCloud Techonologies
TABLE 128 Key Information – CERN

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Cloud-based Quantum Computing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Cloud-based Quantum Computing Market
FIG 4 Porter’s Five Forces Analysis - Cloud-based Quantum Computing Market
FIG 5 Europe Cloud-based Quantum Computing Market share by Solution, 2022
FIG 6 Europe Cloud-based Quantum Computing Market share by Solution, 2030
FIG 7 Europe Cloud-based Quantum Computing Market by Solution, 2019 - 2030, USD Million
FIG 8 Europe Cloud-based Quantum Computing Market share by Technology, 2022
FIG 9 Europe Cloud-based Quantum Computing Market share by Technology, 2030
FIG 10 Europe Cloud-based Quantum Computing Market by Technology, 2019 - 2030, USD Million
FIG 11 Europe Cloud-based Quantum Computing Market share by Application, 2022
FIG 12 Europe Cloud-based Quantum Computing Market share by Application, 2030
FIG 13 Europe Cloud-based Quantum Computing Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Cloud-based Quantum Computing Market share by Vertical, 2022
FIG 15 Europe Cloud-based Quantum Computing Market share by Vertical, 2030
FIG 16 Europe Cloud-based Quantum Computing Market by Vertical, 2019 - 2030, USD Million
FIG 17 Europe Cloud-based Quantum Computing Market share by Country, 2022
FIG 18 Europe Cloud-based Quantum Computing Market share by Country, 2030
FIG 19 Europe Cloud-based Quantum Computing Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Google LLC
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 Swot Analysis: IBM Corporation
FIG 23 SWOT analysis: Amazon Web Services, Inc.
FIG 24 SWOT Analysis: Baidu, Inc.
FIG 25 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 26 SWOT Analysis: Terra Quantum AG
FIG 27 SWOT Analysis: CERN