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Quantum Machine Learning Report

: Analysis on the Market, Trends, and Technologies
Topic Size
trending indicator
Topic Maturity
Monthly Search Volume
Published: March 29, 2024
Updated: June 29, 2024
Author: Nikki Wilson

The quantum machine learning business domain is witnessing an intersection of quantum computing and artificial intelligence, leading to revolutionary enhancements in computational speed and data analysis. This nascent field is characterized by a surge in funding, company formations, and media attention, reflecting a burgeoning interest across various industries. With 226 companies actively exploring quantum machine learning, the sector demonstrates a robust ecosystem with a total workforce of 6,715 individuals and significant financial backing amounting to $1.77 billion in total funding. The domain shows a promising trajectory of growth, with a 57.08% increase in news coverage over the past five years, highlighting its rising prominence and potential to reshape traditional machine learning methods.

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Topic Dominance Index of Quantum Machine Learning

The Dominance Index of Quantum Machine Learning looks at the evolution of the sector through a combination of multiple data sources. We analyze the distribution of news articles that mention Quantum Machine Learning, the timeline of newly founded companies working in this sector, and the share of voice within the global search data. All this combined gives a dominance index distribution of Quantum Machine Learning relative to all known Trends and Technologies.

Dominance Index growth in the last 5 years: 90.83%
Growth per month: 1.16%

Key Activities and Applications

  • Development of quantum algorithms for enhanced data processing and analysis.
  • Strategic partnerships and collaborations to advance quantum machine learning research.
  • Creation of enterprise software solutions for industrial generative AI.
  • Engagement in R&D for quantum-resistant cryptography and secure data management.
  • Provision of cloud-based quantum computing platforms and services.
  • Implementation of quantum computing in financial services for optimization and risk analysis.

Technologies and Methodologies

  • Quantum computing hardware, such as trapped-ion and superconducting qubit systems.
  • Machine learning algorithms enhanced by quantum computing capabilities.
  • Quantum simulation software for material science and drug discovery.
  • Hybrid quantum-classical computing platforms for scalability and practical applications.
  • Quantum cryptography for advanced security solutions.

Quantum Machine Learning Funding

A total of 55 Quantum Machine Learning companies have received funding.
Overall, Quantum Machine Learning companies have raised $1.6B.
Companies within the Quantum Machine Learning domain have secured capital from 133 funding rounds.
The chart shows the funding trendline of Quantum Machine Learning companies over the last 5 years

Funding growth in the last 5 years: 479.92%
Growth per month: 5.83%

Quantum Machine Learning Companies

Uncover actionable market insights on 215 companies driving Quantum Machine Learning with TrendFeedr's Companies tool. The feature offers comprehensive data on innovative companies and technologies, essential for those looking to innovate and disrupt their industries.

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215 Quantum Machine Learning Companies

Discover Quantum Machine Learning Companies, their Funding, Manpower, Revenues, Stages, and much more

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Quantum Machine Learning Investors

Get ahead with your investment strategy with insights into 71 Quantum Machine Learning investors. TrendFeedr’s investors tool is your go-to source for comprehensive analysis of investment activities and financial trends. The tool is tailored for navigating the investment world, offering insights for successful market positioning and partnerships within Quantum Machine Learning.

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71 Quantum Machine Learning Investors

Discover Quantum Machine Learning Investors, Funding Rounds, Invested Amounts, and Funding Growth

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Quantum Machine Learning News

TrendFeedr’s News feature offers access to 1.6K news articles on Quantum Machine Learning. The tool provides up-to-date news on trends, technologies, and companies, enabling effective trend and sentiment tracking.

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1.6K Quantum Machine Learning News Articles

Discover Latest Quantum Machine Learning Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

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Executive Summary

Quantum machine learning stands as a transformative force, with significant investments and a growing workforce dedicated to its advancement. The sector's expansion into diverse industries, coupled with a substantial increase in media coverage, underscores its potential to drive future innovation. As the field continues to evolve, businesses and stakeholders must remain vigilant to harness the opportunities presented by this dynamic and rapidly developing ecosystem. The integration of quantum computing with AI is poised to unlock new levels of efficiency and problem-solving abilities, marking a new era in technology and business applications.

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