The quantum computing market is projected to reach USD 20.20 billion by 2030 from USD 3.52 billion in 2025, at a CAGR of 41.8% during the forecast period.
A major driver of the quantum computing market is the rising demand for high-performance computing to solve complex problems in drug discovery, financial modeling, and logistics optimization, where classical systems are limited. Strong government funding and corporate R&D investments further accelerate advancements. However, a key restraint is the high error rates and qubit instability, which hinder reliable large-scale computations. Additionally, high infrastructure costs and a shortage of quantum-skilled professionals pose challenges to widespread adoption.
“By deployment, cloud is expected to grow at the highest CAGR during the forecast period.”
Cloud-based deployment is expected to grow with the highest CAGR as it provides cost-effective access to quantum systems without requiring heavy infrastructure investments. It enables enterprises of all sizes to experiment and scale applications through flexible, pay-as-you-go models. Leading providers like AWS, Microsoft Azure, and IBM are expanding QCaaS offerings, driving wider adoption. The growing need for remote accessibility and integration with existing cloud ecosystems further boosts this deployment model.
“Optimization application is expected to secure the largest market share in the North American market during the forecast period.”
In North America, optimization applications are witnessing strong growth as industries leverage quantum computing to solve complex logistical and operational challenges. Sectors like finance, supply chain, and energy are adopting quantum algorithms to improve efficiency and reduce costs. The region’s strong ecosystem of tech companies and startups accelerates the development of quantum optimization solutions. Government and enterprise collaborations further strengthen North America’s leadership in this application segment.
“North America to hold the second largest share of the quantum computing market during the forecast period”
North America is experiencing robust growth in the quantum computing market, supported by strong government initiatives and funding programs. The region hosts leading players such as IBM (US), Google (US), Microsoft (US), and AWS (US), who are driving advancements in hardware, software, and services. Collaboration between academia, research institutions, and enterprises is accelerating innovation and commercialization. Industries such as finance, defense, healthcare, and aerospace are early adopters, boosting demand. Overall, North America remains the major center of global quantum computing growth and leadership.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 18 %, Tier 2 – 22%, and Tier 3 –60%
• By Designation: C-Level Executives – 21%, Directors – 35%, and Others – 44%
• By Region: North America– 45%, Europe – 38%, Asia Pacific – 12%, Rest of world– 5%
Key players in the quantum computing market are IBM (US), Amazon Web Services (US), Microsoft (US), Rigetti Computing (US), D-Wave Quantum Inc. (Canada), Intel (US), Google (US), Toshiba (Japan), Quantinuum (US), QC Ware (US), IonQ (US), 1QB Information Technologies Inc. (Canada), Huawei (China), Bosch (Germany), NEC (Japan), Alpine Quantum Technologies GmbH (Austria), Nippon Telegraph and Telephone (Japan), Hitachi (Japan), Northrop Grumman (US), Accenture (Ireland), Fujitsu (Japan), Zapata Computing (US), Xanadu (Canada), Riverlane (UK), Quantum Computing Inc (US), PsiQuantum (US), Algorithmiq (Finland), PHASECRAFT (UK), HQS Quantum Simulations (Germany), Strangeworks Inc. (US) and evolutionQ (Canada), Alice & Bob (France), Atom Computing (US) and Diraq (Australia).
Research Coverage
The report describes detailed information regarding the key factors such as drivers, restraints, challenges, and opportunities driving the growth of the market. The report also provides detailed technology trends, trade data, and patent analysis. This research report categorizes the quantum computing market based on offering, technology, application, end-user industry, deployment, and region. A detailed analysis of the major players includes insights into their business overviews, products offered, and significant strategies adopted that include new product launches, deals (acquisitions, partnerships, agreements, and contracts), and others (expansions), and the impact on the quantum computing market.
Reason to Buy This Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue for the overall quantum computing market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provides information on key drivers, restraints, opportunities, and challenges.
The report provides insights into the following pointers:
• Analysis of key drivers (Rising adoption of quantum computing in various industries), restraints (Stability and error correction issues), opportunities (Growing adoption of quantum computing technology in drug discovery), and challenges (Physical challenges related to the use of quantum computers) of the quantum computing market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the quantum computing market
• Market Development: Comprehensive information about lucrative markets by analyzing the quantum computing market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the quantum computing market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and offerings of leading players in the quantum computing market, such as IBM (US), Amazon Web Services (US), Microsoft (US), Rigetti Computing (US), D-Wave Quantum Inc. (Canada), among others.
圖表清單 List of Tables & Figures
TABLE 1 INCLUSIONS AND EXCLUSIONS 27
TABLE 2 COMPARISON OF QUANTUM COMPUTERS WITH CLASSICAL COMPUTERS IN
TERMS OF SPEED 53
TABLE 3 AVERAGE SELLING PRICE TREND OF QUANTUM COMPUTERS,
2021–2024 (USD MILLION) 56
TABLE 4 AVERAGE SELLING PRICE OF QUANTUM COMPUTERS, BY KEY PLAYER,
2024 (USD MILLION) 57
TABLE 5 AVERAGE SELLING PRICE TREND OF QUANTUM COMPUTERS,
BY REGION, 2021–2024 (USD) 58
TABLE 6 ROLE OF KEY PLAYERS IN QUANTUM COMPUTING ECOSYSTEM 61
TABLE 7 LIST OF KEY PATENTS, 2019–2023 66
TABLE 8 IMPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND) 70
TABLE 9 EXPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND) 71
TABLE 10 LIST OF KEY CONFERENCES AND EVENTS, 2025–2026 71
TABLE 11 BBVA PARTNERED WITH ACCENTURE AND D-WAVE SYSTEM TO
EXPLORE USE OF QUANTUM COMPUTING IN FINANCIAL SERVICES 72
TABLE 12 NIPPON STEEL COLLABORATED WITH HONEYWELL QUANTUM SOLUTIONS
AND CAMBRIDGE QUANTUM COMPUTING TO IMPROVE SCHEDULING AT MANUFACTURING PLANTS 72
TABLE 13 BBVA AND ZAPATA PARTNERED TO SPEED UP MONTE CARLO SIMULATIONS 73
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 73
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 74
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 74
TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 75
TABLE 18 QUANTUM COMPUTING MARKET: PORTER'S FIVE FORCES ANALYSIS 76
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE APPLICATIONS (%) 78
TABLE 20 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 79
TABLE 21 US-ADJUSTED RECIPROCAL TARIFF RATES 81
TABLE 22 QUANTUM COMPUTING MARKET, BY OFFERING, 2021–2024 (USD MILLION) 85
TABLE 23 QUANTUM COMPUTING MARKET, BY OFFERING, 2025–2030 (USD MILLION) 85
TABLE 24 QUANTUM COMPUTING MARKET, BY SYSTEM, 2021–2024 (UNITS) 86
TABLE 25 QUANTUM COMPUTING MARKET, BY SYSTEM, 2025–2030 (UNITS) 86
TABLE 26 SYSTEMS: QUANTUM COMPUTING MARKET, BY TECHNOLOGY,
2021–2024 (USD MILLION) 87
TABLE 27 SYSTEMS: QUANTUM COMPUTING MARKET, BY TECHNOLOGY,
2025–2030 (USD MILLION) 87
TABLE 28 SERVICES: QUANTUM COMPUTING MARKET, BY TECHNOLOGY,
2021–2024 (USD MILLION) 88
TABLE 29 SERVICES: QUANTUM COMPUTING MARKET, BY TECHNOLOGY,
2025–2030 (USD MILLION) 88
TABLE 30 SERVICES: QUANTUM COMPUTING MARKET, BY TYPE, 2021–2024 (USD MILLION) 88
TABLE 31 SERVICES: QUANTUM COMPUTING MARKET, BY TYPE, 2025–2030 (USD MILLION) 88
TABLE 32 QUANTUM COMPUTING AS A SERVICE (QCAAS): QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 89
TABLE 33 QUANTUM COMPUTING AS A SERVICE (QCAAS): QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 89
TABLE 34 CONSULTING SERVICES: QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 90
TABLE 35 CONSULTING SERVICES: QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 90
TABLE 36 QUANTUM COMPUTING MARKET, BY DEPLOYMENT, 2021–2024 (USD MILLION) 92
TABLE 37 QUANTUM COMPUTING MARKET, BY DEPLOYMENT, 2025–2030 (USD MILLION) 92
TABLE 38 ON-PREMISES: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 94
TABLE 39 ON-PREMISES: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 94
TABLE 40 CLOUD-BASED: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 95
TABLE 41 CLOUD-BASED: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 95
TABLE 42 QUANTUM COMPUTING MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 97
TABLE 43 QUANTUM COMPUTING MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 98
TABLE 44 OPTIMIZATION: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 99
TABLE 45 OPTIMIZATION: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 99
TABLE 46 MACHINE LEARNING: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 100
TABLE 47 MACHINE LEARNING: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 101
TABLE 48 SIMULATION: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 102
TABLE 49 SIMULATION: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 102
TABLE 50 OTHER APPLICATIONS: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 103
TABLE 51 OTHER APPLICATIONS: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 103
TABLE 52 QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 105
TABLE 53 QUANTUM COMPUTING MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 106
TABLE 54 SUPERCONDUCTING QUBITS: QUANTUM COMPUTING MARKET, BY SERVICE, 2021–2024 (USD MILLION) 107
TABLE 55 SUPERCONDUCTING QUBITS: QUANTUM COMPUTING MARKET, BY SERVICE, 2025–2030 (USD MILLION) 107
TABLE 56 TRAPPED ION: QUANTUM COMPUTING MARKET, BY SERVICE,
2021–2024 (USD MILLION) 108
TABLE 57 TRAPPED ION: QUANTUM COMPUTING MARKET, BY SERVICE,
2025–2030 (USD MILLION) 108
TABLE 58 QUANTUM ANNEALING: QUANTUM COMPUTING MARKET, BY SERVICE,
2021–2024 (USD MILLION) 109
TABLE 59 QUANTUM ANNEALING: QUANTUM COMPUTING MARKET, BY SERVICE,
2025–2030 (USD MILLION) 109
TABLE 60 PHOTONIC NETWORK: QUANTUM COMPUTING MARKET, BY SERVICE,
2021–2024 (USD MILLION) 110
TABLE 61 PHOTONIC NETWORK: QUANTUM COMPUTING MARKET, BY SERVICE,
2025–2030 (USD MILLION) 110
TABLE 62 OTHER TECHNOLOGIES: QUANTUM COMPUTING MARKET, BY SERVICE,
2021–2024 (USD MILLION) 111
TABLE 63 OTHER TECHNOLOGIES: QUANTUM COMPUTING MARKET, BY SERVICE,
2025–2030 (USD MILLION) 111
TABLE 64 QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 113
TABLE 65 QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 114
TABLE 66 SPACE & DEFENSE: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 115
TABLE 67 SPACE & DEFENSE: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 115
TABLE 68 SPACE & DEFENSE: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 115
TABLE 69 SPACE & DEFENSE: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 116
TABLE 70 BANKING & FINANCE: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 116
TABLE 71 BANKING & FINANCE: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 117
TABLE 72 BANKING & FINANCE: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 117
TABLE 73 BANKING & FINANCE: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 117
TABLE 74 HEALTHCARE & PHARMACEUTICALS: QUANTUM COMPUTING MARKET, BY REGION, 2021–2024 (USD MILLION) 118
TABLE 75 HEALTHCARE & PHARMACEUTICALS: QUANTUM COMPUTING MARKET, BY REGION, 2025–2030 (USD MILLION) 119
TABLE 76 HEALTHCARE & PHARMACEUTICALS: QUANTUM COMPUTING MARKET,
BY DEPLOYMENT, 2021–2024 (USD MILLION) 119
TABLE 77 HEALTHCARE & PHARMACEUTICALS: QUANTUM COMPUTING MARKET,
BY DEPLOYMENT, 2025–2030 (USD MILLION) 119
TABLE 78 ENERGY & POWER: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 120
TABLE 79 ENERGY & POWER: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 121
TABLE 80 ENERGY & POWER: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 121
TABLE 81 ENERGY & POWER: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 121
TABLE 82 CHEMICALS: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 122
TABLE 83 CHEMICALS: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 123
TABLE 84 CHEMICALS: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 123
TABLE 85 CHEMICALS: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 123
TABLE 86 TRANSPORTATION & LOGISTICS: QUANTUM COMPUTING MARKET, BY REGION, 2021–2024 (USD MILLION) 124
TABLE 87 TRANSPORTATION & LOGISTICS: QUANTUM COMPUTING MARKET, BY REGION, 2025–2030 (USD MILLION) 124
TABLE 88 TRANSPORTATION & LOGISTICS: QUANTUM COMPUTING MARKET,
BY DEPLOYMENT, 2021–2024 (USD MILLION) 125
TABLE 89 TRANSPORTATION & LOGISTICS: QUANTUM COMPUTING MARKET,
BY DEPLOYMENT, 2025–2030 (USD MILLION) 125
TABLE 90 GOVERNMENT: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 126
TABLE 91 GOVERNMENT: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 126
TABLE 92 GOVERNMENT: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 126
TABLE 93 GOVERNMENT: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 126
TABLE 94 ACADEMIC RESEARCH: QUANTUM COMPUTING MARKET, BY REGION,
2021–2024 (USD MILLION) 127
TABLE 95 ACADEMIC RESEARCH: QUANTUM COMPUTING MARKET, BY REGION,
2025–2030 (USD MILLION) 127
TABLE 96 ACADEMIC RESEARCH: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2021–2024 (USD MILLION) 128
TABLE 97 ACADEMIC RESEARCH: QUANTUM COMPUTING MARKET, BY DEPLOYMENT,
2025–2030 (USD MILLION) 128
TABLE 98 QUANTUM COMPUTING MARKET, BY REGION, 2021–2024 (USD MILLION) 130
TABLE 99 QUANTUM COMPUTING MARKET, BY REGION, 2025–2030 (USD MILLION) 130
TABLE 100 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 132
TABLE 101 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 132
TABLE 102 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 133
TABLE 103 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 133
TABLE 104 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 133
TABLE 105 NORTH AMERICA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 134
TABLE 106 US: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 135
TABLE 107 US: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 135
TABLE 108 CANADA & MEXICO: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION) 136
TABLE 109 CANADA & MEXICO: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 137
TABLE 110 EUROPE: QUANTUM COMPUTING MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 139
TABLE 111 EUROPE: QUANTUM COMPUTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 139
TABLE 112 EUROPE: QUANTUM COMPUTING MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 139
TABLE 113 EUROPE: QUANTUM COMPUTING MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 140
TABLE 114 EUROPE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 140
TABLE 115 EUROPE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 140
TABLE 116 UK: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 141
TABLE 117 UK: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 142
TABLE 118 GERMANY: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 143
TABLE 119 GERMANY: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 143
TABLE 120 FRANCE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 144
TABLE 121 FRANCE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 144
TABLE 122 NETHERLANDS: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 145
TABLE 123 NETHERLANDS: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 145
TABLE 124 ITALY: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 146
TABLE 125 ITALY: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 146
TABLE 126 SPAIN: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 147
TABLE 127 SPAIN: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 147
TABLE 128 POLAND: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 148
TABLE 129 POLAND: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 149
TABLE 130 NORDICS: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 150
TABLE 131 NORDICS: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 150
TABLE 132 REST OF EUROPE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION) 151
TABLE 133 REST OF EUROPE: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 151
TABLE 134 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 153
TABLE 135 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 154
TABLE 136 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 154
TABLE 137 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 154
TABLE 138 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 155
TABLE 139 ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 155
TABLE 140 CHINA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 156
TABLE 141 CHINA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 157
TABLE 142 JAPAN: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 158
TABLE 143 JAPAN: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 158
TABLE 144 SOUTH KOREA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 159
TABLE 145 SOUTH KOREA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 159
TABLE 146 INDIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 160
TABLE 147 INDIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 160
TABLE 148 AUSTRALIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 161
TABLE 149 AUSTRALIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 162
TABLE 150 INDONESIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 162
TABLE 151 INDONESIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 163
TABLE 152 MALAYASIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 163
TABLE 153 MALAYASIA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 164
TABLE 154 THAILAND: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 164
TABLE 155 THAILAND: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 165
TABLE 156 VIETNAM: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 165
TABLE 157 VIETNAM: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 166
TABLE 158 REST OF ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION) 166
TABLE 159 REST OF ASIA PACIFIC: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 167
TABLE 160 ROW: QUANTUM COMPUTING MARKET, BY REGION, 2021–2024 (USD MILLION) 168
TABLE 161 ROW: QUANTUM COMPUTING MARKET, BY REGION, 2025–2030 (USD MILLION) 168
TABLE 162 ROW: QUANTUM COMPUTING MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 168
TABLE 163 ROW: QUANTUM COMPUTING MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 168
TABLE 164 ROW: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 169
TABLE 165 ROW: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 169
TABLE 166 SOUTH AMERICA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 170
TABLE 167 SOUTH AMERICA: : QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 171
TABLE 168 MIDDLE EAST: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 172
TABLE 169 MIDDLE EAST: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 172
TABLE 170 AFRICA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2021–2024 (USD MILLION) 174
TABLE 171 AFRICA: QUANTUM COMPUTING MARKET, BY END-USE INDUSTRY,
2025–2030 (USD MILLION) 175
TABLE 172 KEY PLAYER STRATEGIES/RIGHT TO WIN, JANUARY 2020–MARCH 2024 176
TABLE 173 QUANTUM COMPUTING MARKET: DEGREE OF COMPETITION, 2024 178
TABLE 174 QUANTUM COMPUTING MARKET: REGION FOOTPRINT 184
TABLE 175 QUANTUM COMPUTING MARKET: OFFERING FOOTPRINT 185
TABLE 176 QUANTUM COMPUTING MARKET: APPLICATION FOOTPRINT 186
TABLE 177 QUANTUM COMPUTING MARKET: END-USE INDUSTRY FOOTPRINT 187
TABLE 178 QUANTUM COMPUTING MARKET: DETAILED LIST OF KEY STARTUPS/SMES 189
TABLE 179 QUANTUM COMPUTING MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES 190
TABLE 180 QUANTUM COMPUTING MARKET: PRODUCT LAUNCHES/DEVELOPMENTS,
JANUARY 2020– MARCH 2024 191
TABLE 181 QUANTUM COMPUTING MARKET: DEALS, JANUARY 2020–MARCH 2024 192
TABLE 182 IBM: COMPANY OVERVIEW 193
TABLE 183 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
TABLE 184 IBM: PRODUCT LAUNCHES/DEVELOPMENTS 195
TABLE 185 IBM: DEALS 196
TABLE 186 D-WAVE QUANTUM INC.: COMPANY OVERVIEW 201
TABLE 187 D WAVE QUANTUM INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 202
TABLE 188 D-WAVE QUANTUM INC.: PRODUCT LAUNCHES/DEVELOPMENTS 203
TABLE 189 D-WAVE QUANTUM INC.: DEALS 204
TABLE 190 D-WAVE QUANTUM INC.: OTHER DEVELOPMENTS 207
TABLE 191 MICROSOFT: COMPANY OVERVIEW 208
TABLE 192 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 193 MICROSOFT: PRODUCT LAUNCHES/DEVELOPMENTS 210
TABLE 194 MICROSOFT: DEALS 210
TABLE 195 AMAZON WEB SERVICES, INC.: COMPANY OVERVIEW 212
TABLE 196 AMAZON WEB SERVICES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 197 AMAZON WEB SERVICES, INC.: DEALS 213
TABLE 198 RIGETTI COMPUTING: COMPANY OVERVIEW 215
TABLE 199 RIGETTI COMPUTING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 200 RIGETTI COMPUTING: PRODUCT LAUNCHES/DEVELOPMENTS 219
TABLE 201 RIGETTI COMPUTING: DEALS 220
TABLE 202 RIGETTI COMPUTING: OTHER DEVELOPMENTS 222
TABLE 203 GOOGLE: COMPANY OVERVIEW 224
TABLE 204 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 205 GOOGLE: PRODUCT LAUNCHES/DEVELOPMENTS 226
TABLE 206 GOOGLE: DEALS 226
TABLE 207 INTEL: COMPANY OVERVIEW 227
TABLE 208 INTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 209 INTEL: PRODUCT LAUNCHES/DEVELOPMENTS 229
TABLE 210 INTEL: DEALS 230
TABLE 211 TOSHIBA: COMPANY OVERVIEW 231
TABLE 212 TOSHIBA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
TABLE 213 TOSHIBA: DEALS 232
TABLE 214 TOSHIBA: EXPANSIONS 232
TABLE 215 QUANTINUUM: COMPANY OVERVIEW 233
TABLE 216 QUANTINUUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 217 QUANTINUUM: PRODUCT LAUNCHES/DEVELOPMENTS 234
TABLE 218 QUANTINUUM: DEALS 234
TABLE 219 QC WARE: COMPANY OVERVIEW 236
TABLE 220 QC WARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 221 QC WARE: PRODUCT LAUNCHES/DEVELOPMENTS 236
TABLE 222 QC WARE: DEALS 237
TABLE 223 IONQ: COMPANY OVERVIEW 238
TABLE 224 IONQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED 239
TABLE 225 IONQ: DEALS 240
TABLE 226 IONQ: EXPANSIONS 241
FIGURE 1 QUANTUM COMPUTING MARKET SEGMENTATION AND REGIONAL SCOPE 26
FIGURE 2 QUANTUM COMPUTING MARKET: RESEARCH DESIGN 30
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
FIGURE 5 QUANTUM COMPUTING MARKET SIZE ESTIMATION METHODOLOGY 37
FIGURE 6 DATA TRIANGULATION 38
FIGURE 7 SERVICES SEGMENT TO DOMINATE MARKET IN 2030 40
FIGURE 8 CLOUD-BASED SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 41
FIGURE 9 SUPERCONDUCTING QUBITS SEGMENT TO HOLD LARGEST MARKET
SHARE IN 2025 41
FIGURE 10 MACHINE LEARNING SEGMENT TO GROW AT HIGHEST CAGR
DURING FORECAST PERIOD 42
FIGURE 11 BANKING & FINANCE SEGMENT ACCOUNTED FOR
LARGEST MARKET SHARE IN 2024 43
FIGURE 12 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 44
FIGURE 13 RISING INVESTMENTS IN DEVELOPMENT AND DEPLOYMENT OF
QUANTUM COMPUTING TECHNOLOGY 45
FIGURE 14 SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 45
FIGURE 15 OPTIMIZATION SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC QUANTUM COMPUTING MARKET IN 2024 46
FIGURE 16 SUPERCONDUCTING QUBIT SEGMENT TO DOMINATE MARKET IN 2025 46
FIGURE 17 BANKING & FINANCE SEGMENT TO ACCOUNT FOR
LARGEST MARKET SHARE IN 2030 47
FIGURE 18 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 47
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
QUANTUM COMPUTING MARKET 48
FIGURE 20 QUANTUM COMPUTING MARKET: DRIVERS AND THEIR IMPACT 49
FIGURE 21 INVESTMENTS IN QUANTUM TECHNOLOGY, 2015–2023 50
FIGURE 22 QUANTUM COMPUTING MARKET: RESTRAINTS AND THEIR IMPACT 51
FIGURE 23 QUANTUM COMPUTING MARKET: OPPORTUNITIES AND THEIR IMPACT 52
FIGURE 24 NUMBER OF QUBITS ACHIEVED BY ORGANIZATIONS, 1998–2024 52
FIGURE 25 QUANTUM COMPUTING MARKET: CHALLENGES AND THEIR IMPACT 54
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 55
FIGURE 27 AVERAGE SELLING PRICE TREND OF QUANTUM COMPUTERS, 2021–2024 56
FIGURE 28 AVERAGE SELLING PRICE OF QUANTUM COMPUTERS, BY KEY PLAYER, 2024 57
FIGURE 29 AVERAGE SELLING PRICE TREND OF QUANTUM COMPUTERS,
BY REGION, 2021–2024 58
FIGURE 30 QUANTUM COMPUTING MARKET: VALUE CHAIN ANALYSIS 59
FIGURE 31 STAKEHOLDERS IN QUANTUM COMPUTING ECOSYSTEM 62
FIGURE 32 INVESTMENT AND FUNDING SCENARIO, 2021–2024 63
FIGURE 33 PATENTS APPLIED AND GRANTED, 2014–2024 65
FIGURE 34 IMPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 69
FIGURE 35 EXPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 70
FIGURE 36 QUANTUM COMPUTING MARKET: PORTER'S FIVE FORCES ANALYSIS 76
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE APPLICATIONS 78
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 79
FIGURE 39 QUANTUM COMPUTING MARKET: IMPACT OF AI/GEN AI 80
FIGURE 40 SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 85
FIGURE 41 CLOUD-BASED SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 92
FIGURE 42 OPTIMIZATION SEGMENT TO SECURE LARGEST MARKET SHARE IN 2030 97
FIGURE 43 PHOTONIC NETWORK SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 105
FIGURE 44 BANKING & FINANCE SEGMENT TO ACCOUNT FOR
LARGEST MARKET SHARE IN 2030 113
FIGURE 45 ASIA PACIFIC QUANTUM COMPUTING MARKET TO
REGISTER HIGHEST CAGR FROM 2025 TO 2030 130
FIGURE 46 NORTH AMERICA: QUANTUM COMPUTING MARKET SNAPSHOT 132
FIGURE 47 EUROPE: QUANTUM COMPUTING MARKET SNAPSHOT 138
FIGURE 48 ASIA PACIFIC: QUANTUM COMPUTING MARKET SNAPSHOT 153
FIGURE 49 GLOBAL QUANTUM COMPUTING MARKET: REVENUE ANALYSIS OF
TOP FIVE PLAYERS, 2021–2024 177
FIGURE 50 SHARE OF KEY PLAYERS IN QUANTUM COMPUTING MARKET, 2024 178
FIGURE 51 COMPANY VALUATION, 2025 180
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2025 181
FIGURE 53 BRAND/PRODUCT COMPARISON 181
FIGURE 54 QUANTUM COMPUTING MARKET: COMPANY EVALUATION MATRIX,
KEY PLAYERS, 2024 183
FIGURE 55 QUANTUM COMPUTING MARKET: COMPANY FOOTPRINT 184
FIGURE 56 QUANTUM COMPUTING MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2024 188
FIGURE 57 IBM: COMPANY SNAPSHOT 194
FIGURE 58 D-WAVE QUANTUM INC.: COMPANY SNAPSHOT 202
FIGURE 59 MICROSOFT: COMPANY SNAPSHOT 209
FIGURE 60 RIGETTI COMPUTING: COMPANY SNAPSHOT 216
FIGURE 61 INTEL: COMPANY SNAPSHOT 228
FIGURE 62 IONQ: COMPANY SNAPSHOT 239