Quantum computing, which has wide-ranging applications in optimization, research and cryptography, is driven by these organizations:

  • End-to-end solution providers
  • Quantum hardware builders
  • Software & services companies
  • Research labs
  • Companies that use quantum computers in their business (Not the focus of this article)
Quantum hardware is an emerging computing technology which relies on complex hardware. As in the early days of personal computing, there are companies specialized on hardware, software and end-to-end solutions. In the early days of computing, Apple built end-to-end solutions, while Microsoft specialized in software and many OEMs and IBM (Original Equipment Manufacturers) specialized in hardware and services.

Different Perspectives On Quantum Computing Ecosystem

In all 4 ecosystem maps on quantum computing, software and hardware vendors were identified. However, there are also significant differences between these ecosystem maps. BCG focuses on end-to-end providers, Tracxn includes research labs, Everest points out startups and Tractics focuses on use cases of quantum computing.

Because quantum computing is still a developing technology, it is difficult to draw definite limits in the ecosystem. When looking at quantum computing from different sides, different ecosystem maps can be prepared. Especially large companies can take place in different areas of the ecosystem at the same time.

BCG

BCG examined the quantum computing ecosystem across four main lines: End-to-end providers, Hardware & system players, Software & services players and Specialists.

Source: BCG

Tracxn

Tracxn’s Quantum Computing ecosystem focuses on Quantum Hardware, Quantum Software. This market map also focuses on Research Labs, technology enablers(quantum circuits,sensors) which provide hardware inputs to quantum computers and companies focused on applications of quantum computing.

Source: Tracxn

Everest

Everest’s perspective on quantum computing ecosystem focuses on four different categories:

  • Quantum development kits
  • QCaaS subscription services
  • Partnership with startups
  • Quantum hardware

With this breakdown, there are companies that overlap on different sides of the ecosystem. Additionally, we see subscription services as a way to monetize hardware so we did not consider it to be a different category.

Source: Everest

Tractics

Tractics’ market map includes companies which use quantum computing as a tool for their applications. However, quantum computing applications is a category with numerous companies. We think it should be analyzed separately rather than including in an ecosystem map that also covers quantum hardware and software companies.

Source: Tractics medium account

What are the different types of quantum computing companies?

  1. End to end solution providers

Tech giants; IBM, Google, Microsoft and, growing start-ups Rigetti, D-wave can be considered end-to-end providers. These companies enable other companies to test quantum solutions on cloud.

  • D-wave is the first company that sold a quantum computer to American defense company, Lockheed Martin.
  • IBM provides access via the cloud to test the quantum algorithms developed with IBM-Q.
  • Microsoft provides cloud quantum computing as Azure in collaboration with IONQ, Honeywell and QEI.
  • Google, Alibaba,¬† D-Wave and Rigetti provide end to end services.
  • Amazon launched Braket in partnership with¬†D-Wave, IonQ and Rigetti.
  1. Hardware Systems Builders

Companies interested in quantum hardware often work on optimizing quantum computers and creating environments for simulations. Tech giants offering end-to-end solutions are included here as well. Hardware side of Quantum Computing can be separated into two: Universal gate based Quantum Computers (also called general purpose quantum computers) and Quantum Annealing.

Source: CLD Team

2a)Quantum Computer Providers

D-wave, IBM, Alibaba, Intel, Rigetti, Google are the main players for this sector. These companies are racing to produce the first commercially relevant quantum computer.

2b)Quantum Circuitry Providers

QCI, Delft Circuits, BraneCell, Turing, See QC are among the companies to develop and commercialize superconducting quantum technologies.

Company NameAreaNumber of Employees
D-waveQuantum Computer Provider180+
IBMQuantum Computer Provider350,000
AlibabaQuantum Computer Provider102,000
IntelQuantum Computer Provider107,400
RigettiQuantum Computer Provider146
GoogleQuantum Computer Provider85,050
Quantum Circuits, Inc.Quantum Circuitry and Providers11-50
Delft CircuitsQuantum Circuitry and Providers11-50
BraneCell SystemsQuantum Circuitry and Providers51-200

Turing Inc.
Quantum Circuitry and ProvidersN/A
See QCQuantum Circuitry and Providers1 to 10
  1. Software & Services Companies

Another part that works to bring real-world solutions with quantum computing is quantum software providers. The main task of these companies is to produce solutions using quantum computing, according to the needs of the users.

3a-)Operating systems and firmware

Cambridge Quantum Computing and Q-ctrl works on improving the optimization of quantum hardware and provide solutions to access the quantum world with software

3b-)Development Platforms

Companies in this category focus on creating programming algorithms and tools. Zapata, Anyon, Qb are among these companies.

3c-)Computational Platforms

1Qbit, QCware are the companies that aim to solve difficult problems of industry by using quantum computing software techniques.

Company NameAreaNumber of Employees
Cambridge Quantum ComputingOperating systems and firmware10 to 50
Q-ctrlOperating systems and firmware30
ZapataDevelopment Platforms35
AnyonDevelopment Platforms13
Quantum BenchmarkDevelopment Platforms10
1QbitComputational Platforms103
QC Ware Corp.Computational Platforms10 to 50
  1. Research Labs

There are numerous research laboratories founded by university-industry cooperation. Additionally, there are government funded labs. Some of them are:

  • Quantum Computing Laboratory- MIT Lincoln Laboratory
  • Institute for Quantum Information and Matter-Caltech
  • Chinese Academy of Sciences with Alibaba
  • UK National Quantum Technologies Programme
  • National Quantum Initiative Act- US House of Representatives
  • Microsoft contributed research Labs at TU Delft, Niels Bohr Institute, University of Sydney, Purdue University, University of Maryland, ETH Zurich, UCSB

If you want to see the quantum computing ecosystem together in one list, we have also prepared a sortable, prioritized list of quantum computing companies.

If you have questions about how quantum computing can impact your business and how you can get started, we can help:

Let us find the right vendor for your business

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