Funding needs for technologies such as generative AI continue to grow, and IDC is forced to lower its quantum computing spending forecast

IT Home News on August 18, market research organization IDC released a report that due to slower than expected hardware development, the estimated customer spending on quantum computers has been significantly reduced. The agency also said that new technologies with greater short-term value, including generative AI, are eating up funds originally intended for quantum computers.

IDC released its first quantum computer industry report in 2021, which is expected to increase from US$412 million in 2020 to US$8.6 billion in 2027 (IT Home Note: approximately 62.78 billion yuan), with a compound annual growth rate is 50.9%

According to the latest report, IDC predicts that quantum computing spending will reach US$1.1 billion by 2022 and grow to US$7.6 billion (approximately RMB 55.48 billion) in 2027. The compound annual growth rate (CAGR) over the next five years is expected to reach 48.1%

IDC noted in its report that currently quantum computing is only suitable for small-scale experiments. Despite the clear advantages of quantum computing, many applications currently remain in the hype stage

In order to keep the original meaning unchanged, the content needs to be rewritten into Chinese. The original sentence

does not need to appear

The above is the detailed content of Funding needs for technologies such as generative AI continue to grow, and IDC is forced to lower its quantum computing spending forecast. For more information, please follow other related articles on the PHP Chinese website!