Quantum Computing in the Oil & Gas Industry Market is expected to grow at a strong CAGR of 37.9% during the forecast owing to the increasing demand for optimizing and efficient solutions in the industry. Quantum computing is a cutting-edge field of computation that utilizes the principles of quantum mechanics to perform complex calculations. Quantum computing has the potential to bring significant advancements to the oil and gas industry due to its ability to tackle complex problems that arise in exploration, production, and refining processes which traditional computers struggle with.

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