Quantum phase transitions in transverse field spin models: from statistical physics to quantum information

We review quantum phase transitions of spin systems in transverse magnetic fields taking the examples of the spin-1/2 Ising and XY models in a transverse field. Beginning with an overview of quantum phase transitions, we introduce a number of model Hamiltonians. We provide exact solutions in one spatial dimension connecting them to conformal field theoretical studies. We also discuss Kitaev models and some other exactly solvable spin systems. Studies of quantum phase transitions in the presence of quenched randomness and with frustrating interactions are presented in detail. We discuss novel phenomena like Griffiths-McCoy singularities. We then turn to more recent topics like information theoretic measures of the quantum phase transitions in these models such as concurrence, entanglement entropy, quantum discord and quantum fidelity. We then focus on non-equilibrium dynamics of a variety of transverse field systems across quantum critical points and lines. After mentioning rapid quenching studies, we dwell on slow dynamics and discuss the Kibble-Zurek scaling for the defect density following a quench across critical points and its modifications for quenching across critical lines, gapless regions and multicritical points. Topics like the role of different quenching schemes, local quenching, quenching of models with random interactions and quenching of a spin chain coupled to a heat bath are touched upon. The connection between non-equilibrium dynamics and quantum information theoretic measures is presented at some length. We indicate the connection between Kibble-Zurek scaling and adiabatic evolution of a state as well as the application of adiabatic dynamics as a tool of a quantum optimization technique known as quantum annealing. The final section is dedicated to a detailed discussion on recent experimental studies of transverse Ising-like systems.