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Quantum Computing in Chemistry Market Size to Grow USD 108.5 Million by 2030 at a CAGR of 10.5% | Valuates Reports

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BANGALORE, India, June 11, 2024 /PRNewswire/ — Quantum Computing in Chemistry Market is Segmented by Type (Quantum Hardware, Quantum Software), by Application (Chemical Plant, Research Institute, Other): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Quantum Computing in Chemistry market was valued at USD 54 Million in 2023 and is anticipated to reach USD 108.5 Million by 2030, witnessing a CAGR of 10.5% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Quantum Computing in Chemistry Market:

The growth of the quantum computing in chemistry market is driven by the technology’s potential to revolutionize molecular simulations and chemical analysis, offering unprecedented accuracy and speed. Quantum computers can handle complex calculations and simulations that are infeasible for classical computers, enabling detailed modeling of chemical reactions, material properties, and drug interactions at a quantum level. This capability accelerates the discovery of new materials, pharmaceuticals, and chemical processes, making quantum computing a valuable tool for research and development in the chemical industry. Additionally, increasing investments in quantum computing technology and collaborations between tech companies and chemical research institutions are propelling the market’s expansion.

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TRENDS INFLUENCING THE GROWTH OF QUANTUM COMPUTING IN CHEMISTRY MARKET:

Because it allows for sophisticated simulations and modeling that traditional computers are unable to perform effectively, quantum software at research institutions is a major factor in the growth of the quantum computing industry in chemistry. This program makes it possible for scientists to precisely model chemical reactions and molecular interactions at the quantum level, which is essential for the development of novel substances, materials, and chemical processes. The accuracy and speed of quantum calculations make it easier to address challenging chemical issues like protein folding, catalyst design, and reaction dynamics, which can result in previously unthinkable discoveries. Research institutes are utilizing quantum software to advance chemical research, draw funding, promote cooperation, and quicken the creation of useful quantum computer applications for the chemical sector.

One key element propelling the development of quantum computing in the chemical industry is the progress made in quantum hardware. Recent advances in quantum gate operations, coherence times, error correction, and qubit design have greatly improved the efficiency and dependability of quantum computers. More qubits may be included into quantum systems with improved hardware, boosting their computing capacity and enabling more intricate chemical simulations. Various innovations, including topological qubits, trapped ions, and superconducting qubits, provide different ways to construct scalable quantum computers. The advancement of hardware technology lowers the entrance barrier for high-fidelity quantum simulations, hence increasing the accessibility and practicality of quantum computing for chemists and researchers working in the field.

The intricacy of the issues that need to be solved in chemistry is one of the main causes propelling the development of quantum computing in that field. The exponential increase in complexity that comes with modeling molecular structures and chemical reactions is a challenge for conventional computing techniques, such as classical computers. Superposition and entanglement are two concepts that quantum computers may use to process and simulate these complicated systems more effectively. Because quantum computing can handle several variables and interactions at once, it is ideally suited to address complex chemical processes that would otherwise be computationally prohibitive. For example, it becomes possible to comprehend intricate catalytic reaction pathways and precisely anticipate the behavior of massive macromolecules, which opens up new avenues for chemical study and development.

The need for novel compounds and medications is one of the main forces behind quantum computing in chemistry. Industries including manufacturing, energy, and medicines are always looking for creative ways to create new chemicals, materials, and medications. Through better insights into molecular interactions and the ability to build more powerful medications and sophisticated materials, quantum computing holds the potential to completely transform various sectors of the economy. Quantum simulations, for instance, can be used to find new compounds with certain qualities or to improve catalysts for chemical reactions that use less energy. The capacity to efficiently and precisely simulate intricate chemical systems expedites the process of research and development, satisfying the increasing need for state-of-the-art advancements in these vital domains.

The introduction of quantum computing in chemistry is mostly being driven by the need for a competitive edge. Businesses that use quantum computing technology can outperform their rivals by cutting expenses, speeding up research and development, and improving the accuracy of their chemical analysis. Faster discovery cycles and more effective chemical process optimization are made possible by quantum computing, which shortens the time it takes for new goods to reach the market. This edge over competitors is especially important in sectors like medicines, where being first to market may yield large financial rewards. By strategically using quantum computing, businesses may maintain their competitive edge in innovation, draw in top personnel, and maintain their leadership positions in the chemical sector.

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QUANTUM COMPUTING IN CHEMISTRY MARKET SHARE ANALYSIS:

North America is a market leader for quantum computing in chemistry, especially the United States. Both the governmental and commercial sectors have made significant expenditures in quantum technology, which is the reason for its supremacy. To encourage research and development in quantum computing, the US government has started a number of noteworthy projects, such as the National Quantum Initiative Act. Leading computer giants with American headquarters, like IBM, Google, and Microsoft, have set up specialized laboratories for quantum research, propelling the development of quantum hardware and software. Furthermore, universities and research centers in North America are leading the way in quantum chemistry research and collaborating with business to create useful applications. A vibrant market is created by the region’s robust venture capital environment, which helps firms that focus on quantum computing.

Key Players:

D-Wave SolutionsRigetti ComputingIntelAnyon Systems Inc.Cambridge Quantum Computing LimitedOrigin Quantum Computing TechnologyQuantum Circuits, Inc.

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

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–  The global Quantum Computers market was valued at USD 101 Million in 2023 and is anticipated to reach USD 527.9 Million by 2030, witnessing a CAGR of 26.8% during the forecast period 2024-2030.

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–  The global Quantum Control Software market was valued at USD 65 Million in 2023 and is anticipated to reach USD 157.1 Million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.

–  The global Quantum Dot (QD) Display market was valued at USD 4428 Million in 2023 and is anticipated to reach USD 5507.7 Million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.

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–  The quantum photonics market was valued at USD 0.30 Billion in 2022, and is estimated to reach USD 5.3 Billion by 2032, growing at a CAGR of 33.2% from 2023 to 2032.

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–  Automotive Quantum Computing Market was valued at USD 103 Million in 2022 and is anticipated to reach USD 1127.1 Million by 2029, witnessing a CAGR of 49.0% during the forecast period 2023-2029.

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–  The global Cadmium Free Quantum Dot market is projected to reach USD 10620 Million in 2029, increasing from USD 3842 Million in 2022, with the CAGR of 15.7% during the period of 2023 to 2029.

–  The global High-performance Computing System market is projected to reach USD 64890 Million in 2029, increasing from USD 31970 Million in 2022, with the CAGR of 10.7% during the period of 2023 to 2029.

–  The global Cloud High Performance Computing (HPC) market was valued at USD 6862.1 Million in 2023 and is anticipated to reach USD 14620 Million by 2030, witnessing a CAGR of 11.3% during the forecast period 2024-2030.

–  High Performance Computing (HPC) Storage Market

–  The global market for High Bandwidth Memory (HBM) was estimated to be worth USD 767.1 Million in 2023 and is forecast to a readjusted size of USD 4902.4 Million by 2030 with a CAGR of 25.5% during the forecast period 2024-2030.

–  The global Chemistry 4.0 market was valued at USD 68220 Million in 2023 and is anticipated to reach USD 145280 Million by 2030, witnessing a CAGR of 11.3% during the forecast period 2024-2030.

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–  The global Benchtop Clinical Chemistry Analyzers market was valued at USD 718.5 Million in 2023 and is anticipated to reach USD 1078.3 Million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.

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–  The global Steam Chemical Indicator market was valued at USD 137.9 Million in 2023 and is anticipated to reach USD 214 Million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.

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–  The global Daily Chemical Grade Peach Aldehyde market was valued at USD 519.3 Million in 2023 and is anticipated to reach USD 635.9 Million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.

–  The global Flow Chemistry revenue was USD 70 Million in 2022 and is forecast to a readjusted size of USD 136.1 Million by 2029 with a CAGR of 11.7% during the forecast period (2023-2029).

–  The global Lead Chemicals Market revenue was USD 1394.9 Million in 2022 and is forecast to a readjusted size of USD 1517.9 Million by 2029 with a CAGR of 1.2% during the forecast period (2023-2029).

–  The wet chemicals market was valued at USD 3.2 Billion in 2021, and is estimated to reach USD 5.9 Billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

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Caladium Systems Launches Happiffie, India’s First AI-powered Celebration Platform

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CHENNAI, India, July 24, 2026 /PRNewswire/ — Caladium Systems today announced the launch of Happiffie, India’s first AI-powered Celebration Growth Platform, introducing a smarter way for customers to discover, compare, book, and manage celebrations while helping businesses connect with high-intent customers through intelligent technology.

Designed for weddings, birthdays, corporate events, social celebrations, parties, festivals, and more, Happiffie brings together over 400 celebration occasions and 1,000+ celebration experiences on a single AI-powered platform.

India’s celebrations industry continues to rely heavily on referrals, manual coordination, inconsistent pricing, and fragmented vendor discovery. Happiffie addresses these challenges by combining AI-powered recommendations, transparent price discovery, secure bookings, payments, and event management into one seamless platform.

A key innovation is Happiffie’s Reverse Auction, where customers simply submit their celebration requirements and verified vendors compete by offering customised proposals. Instead of spending hours searching and negotiating, customers can compare multiple qualified offers and choose the vendor that best matches their preferences and budget.

“Customers can now book the experience of their choice with the vendor of their choice, in the budget of their choice. At the same time, vendors receive qualified business opportunities matched to their category, location and capabilities, creating value for both sides of the marketplace,” said Pradhyumna T Venkat, Founder & CEO, Happiffie.

“Every major industry eventually reaches a point where technology fundamentally changes how it operates. Travel did. Hospitality did. Mobility did. We believe celebrations are next,” added Pradhyumna.

The platform is powered by Experience Intelligence™, a proprietary framework that combines over 15 years of celebration industry expertise with Artificial Intelligence to deliver smarter recommendations based on customer intent, preferences, and celebration needs.

Whether planning a wedding, birthday, corporate event, baby shower, anniversary, or festival celebration, customers can manage the entire journey—from vendor discovery and quotations to payments and execution—through a single platform.

Alongside its launch, Happiffie has opened registrations for vendor partners across Chennai and Tamil Nadu, with a phased expansion planned across India. The platform aims to build one of the country’s largest AI-powered celebration ecosystems, helping businesses generate qualified leads and grow more efficiently.

“Our vision is not simply to build another marketplace but to create the technology infrastructure that powers celebrations. Reverse Auction is the first step towards building a smarter, more transparent, and AI-driven celebration economy that benefits both customers and businesses alike,” added Pradhyumna.

Built on the experience of planning and executing over 5,000 weddings and celebrations, Happiffie combines deep industry expertise with AI to simplify celebration planning and transform how India celebrates.

For more information, visit www.happiffie.com. Vendor registrations are now open at www.happiffie.com/vendor-registration.

About Happiffie

Happiffie is India’s first AI-powered Celebration Platform, connecting customers, venues, event professionals, and celebration businesses through one intelligent ecosystem. Built on over 15 years of industry expertise, the platform combines Artificial Intelligence with Experience Intelligence™ to deliver smarter celebration planning across more than 1,000 celebration experiences spanning weddings, corporate events, birthdays, social celebrations, parties, and festivals.

Contact

Pradhyumna T Venkat
Founder & CEO
pradhyumna@happiffie.com
+91-7299002990

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Beko Publishes 2025 Integrated Report, Charting Years of Progress Toward Net Zero

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As Beko releases its 2025 Integrated Report, the company’s third consecutive inclusion on TIME’s global sustainability ranking — retaining the #1 position in its industry — underscores the progress documented within it.

ISTANBUL, July 24, 2026 /PRNewswire/ — Beko published its 2025 Integrated Report, offering a comprehensive account of the company’s financial, environmental and social performance over the past year. In parallel, Beko has been named one of TIME Magazine’s World’s Most Sustainable Companies for the third year running, retaining the #1 position in its industry. The recognition, awarded in partnership with Statista, independently corroborates years of deliberate, measurable progress.

The report documents concrete results across Beko’s global manufacturing footprint. In 2025:

Energy efficiency projects across production sites saved 69,562 GJ of energy, avoiding 5,297 tonnes of CO₂e emissions.Waste recycling across all manufacturing facilities reached 98.6%, against a target of 99%.Renewable energy installed capacity reached 96 MWp, up from 90.2 MWp the prior year. Beko also reached 63.5% green electricity on the path to 100% across all manufacturing by 2030.Water efficiency and rainwater harvesting projects across locations delivered total water savings of 219,114 m3.

Behind these figures is a broader manufacturing transformation. Three of Beko’s manufacturing facilities have been recognised within the World Economic Forum’s Global Lighthouse Network, with the Ulmi plant earning the additional, and rarer, designation of Sustainability Lighthouse. The principles behind Ulmi’s approach are being extended across Beko’s broader manufacturing ecosystem, as the company scales low-impact production. Beko currently operates 13 smart factories globally — equipped with artificial intelligence, machine learning and robotics capabilities — with a target of 17 by the end of 2026.

On the circular economy side, Beko’s refurbishment centres across multiple locations reintroduced more than 148,000 appliances into the market in 2025 alone. The company recycled 1.98 million WEEE units through its own recycling facilities since 2014, and used 31,665 tonnes of recycled plastics in its products in 2025.

Across its product portfolio, 72.6% of Beko’s turnover in 2025 came from low-carbon products — a figure that reflects both the scale of the company’s energy-efficient product range and growing consumer demand for appliances that address environmental concerns.

“Being recognised by TIME three years in a row matters because it reflects that sustainability is a foundational part of Beko’s business,” said Can Dinçer, CEO of Beko. “Our factories undergo a twin transformation where we encounter both decarbonization and digitalization. That progress is deliberate and measurable, and our Integrated Report sets out exactly how. As the world prepares for COP31, the most credible thing a company can do is demonstrate its work rather than declare it. That is what we are doing.”

TIME’s annual list evaluates more than 5,000 companies worldwide across environmental and social performance, transparency and ESG reporting. Beko’s continued inclusion under increasingly rigorous standards points to a business model where sustainability is structurally embedded across operations, supply chains and product portfolios.

In addition to its Integrated Report, the Company has also published its second TSRS-compliant sustainability report, prepared in accordance with the Türkiye Sustainability Reporting Standards (TSRS), Türkiye’s adoption of the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The report is publicly available and provides detailed disclosures on the company’s climate-related risks, opportunities, governance, strategy and performance.

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’ 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.

 

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SOURCE Beko

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JustMarkets Releases Market Analysis on How Foreign Exchange Markets React to CPI Surprises

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HO CHI MINH CITY, Vietnam, July 24, 2026 /PRNewswire/ — JustMarkets today released a new market analysis examining how foreign exchange markets react to Consumer Price Index (CPI) surprises and outlining key considerations for traders preparing for inflation data releases. The analysis explains why the gap between actual CPI data and market expectations, rather than the headline inflation figure itself, is often the primary driver of currency market movements.

What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the headline number is high or low, but it’s all priced in advance. According to JustMarkets, the real driver of EUR/USD is the gap between the actual number and what the market was positioned for.

Even an unchanged reading can cause dollar weakness if traders expect higher inflation, while weaker numbers that beat consensus expectations may drive dollar strength. Citing Federal Reserve research, the price driver is a surprise component rather than the headline.

Why the Expectation Gap Is More Important Than the Level

Forex is driven by expectations for interest rate decisions, with inflation impacting central bank policy. Key factors influencing this reaction include:

Main factors:

Monthly CPI and core CPICore services inflationRevisions to the previous period dataCentral banks policy pricing

Year-over-year data is less important in terms of price impact than monthly and core data.

How to Calculate Surprise

Start with the simplest metric: Surprise = Actual CPI − Consensus CPI. 

Consensus comes from the economic calendar’s forecast and reflects the market positioning. And then you need to check the market reaction through rates. The sequence typically runs: CPI surprise → change in front-end yields → USD movement → the sentiment adjustment.

Traders frequently employ this methodology in combination with the JustMarkets Economic Calendar to track high-impact releases in real time.

What the Intraday Move Actually Looks Like

CPI reactions usually happen in three stages. The first one is a headline shock with the potential algorithm’s reaction within a few seconds. Then comes the interpretation stage, with a time frame of 15-60 minutes and analysis of core numbers and yield confirmation. And then either continuation or reversal happens.

Approaches to Trading CPI Day

There are two common approaches to CPI.

The momentum approach requires the consistency of headlines and core surprises with yields’ confirmation. Most traders wait until the first minute’s candle is closed to avoid false signals.The fade approach requires dislocations like the absence of yield confirmation to FX movement or dislocations between headlines and core numbers. In this case, traders wait 10−20 minutes for exhaustion of the initial move and reversal setup search.

Risk management is crucial. Most traders limit their position size to 0.25%-0.50% of their equity because of widening spreads and slippage. Sometimes the decision to trade off is more optimal during extreme volatility than forced entry.

One Way to Prepare for the Next CPI Day Release

A simple way to get ready is to monitor EUR/USD, GBP/USD, USD/JPY pairs and an economic calendar with events’ importance. The workflow is simple: Economic calendar → release → Trading platform.

The final step brings traders to the execution platform. Many turn to JustMarkets, which offers CFDs on these currency pairs, with execution stability and fast market access that make it well suited for high-volatility macro events.

Disclaimer: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and trade responsibly.

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SOURCE Just Global Markets Ltd

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