Quantum Computation Market: Growth, Developments, and Projections, 2025-2035
Overview:
The quantum computing market is poised for substantial expansion in the coming years, driven by increasing investments in research and development and the growing recognition of quantum computing’s potential across various industries. The market is expected to experience significant growth between 2025 and 2035, as advancements in quantum hardware and software make quantum computing more accessible and practical for solving complex problems.
In 2025, the quantum computing market is anticipated to reach a size of USD 1,195.7 million. This figure is projected to surge to USD 9,554.9 million by 2035, reflecting a compound annual growth rate (CAGR) of 23.1% from 2025 to 2035. This rapid growth trajectory underscores the increasing adoption of quantum computing solutions across a wide array of sectors.
The growth is fueled by the increasing demand for enhanced computational capabilities that classical computers cannot provide. Industries such as healthcare, finance, and defense are exploring quantum computing to address challenges in drug discovery, financial modeling, and cybersecurity, respectively. The development of more stable and scalable qubits is also a crucial factor driving market expansion.
North America is expected to lead the quantum computing market, followed by Europe and Asia Pacific. The U.S. and Canada are at the forefront of quantum computing research and development in North America, while countries in Europe are making significant investments to foster quantum technology innovation and adoption. The Asia Pacific region, particularly China and Japan, is also emerging as a key market with substantial investments in quantum computing initiatives.
Key players in the quantum computing market include companies focused on developing quantum hardware, software, and services. These companies are continuously innovating to improve the performance and accessibility of quantum computing solutions, fostering collaborations with end-users, and driving market growth.
The market’s future growth is also propelled by increasing government support and funding for quantum computing initiatives worldwide. This support accelerates research and development efforts and promotes the commercialization of quantum computing technologies. These factors will continue to shape the trajectory of the quantum computing market over the forecast period.
Year On Year Growth Chart
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| Report Attribute | Details |
|---|---|
| Market Size in 2025 | USD 1,195.7 million |
| Revenue Forecast for 2035 | USD 9,554.9 million |
| Growth Rate (CAGR) | 23.1% from 2025 to 2035 |
| Base Year for Estimation | 2024 |
| Historical Data | 2020 – 2024 |
| Forecast Period | 2025 – 2035 |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2025 to 2035 |
| Report Coverage | Revenue forecast, company market share, competitive landscape, growth factors, and trends |
| Covered Segments | Hardware, software, and services |
| Regional Scope | North America, Europe, Asia Pacific |
| Country Scope | U.S., Canada, U.K., Germany, France, Netherlands, China, India, Japan, South Korea, Australia |
| Key Companies Analyzed | IBM Corporation; Google LLC; Rigetti Computing; IonQ , Inc.; D-Wave Quantum Inc. |
| Customization Options | Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope |
| Pricing and Purchase Options | Customizable purchase options for tailored research needs |
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Key Companies Market Share
Report Coverage & Deliverables
- Market Trends And Dynamics
- Competitve Benchmarking
- Historical data and forecasts
- Value/Volume analysis
- Company revenue shares and key strategies
- Regional opportunities
This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.
Detailed Market Segmentation
- By Component
- Quantum Computing Hardware
- Quantum Computing Software
- Quantum Computing Services
- By Deployment
- Cloud-Based Quantum Computing
- On-Premises Quantum Computing
- By Application
- Optimization
- Drug Discovery and Materials Science
- Financial Modeling
- Cybersecurity
- Machine Learning
- By End-Use Industry
- Healthcare
- Financial Services
- Automotive
- Defense
- Energy
- By Geography
- North America
- Europe
- Asia-Pacific
Table of Content
- Executive Summary
- Global Quantum Computing Market Overview
- Market Dynamics
- Global Quantum Computing Market Analysis, by Component
- Quantum Computing Hardware
- Quantum Computing Software
- Quantum Computing Services
- Global Quantum Computing Market Analysis, by Deployment
- Cloud-Based Quantum Computing
- On-Premises Quantum Computing
- Global Quantum Computing Market Analysis, by Application
- Optimization
- Drug Discovery and Materials Science
- Financial Modeling
- Cybersecurity
- Machine Learning
- Global Quantum Computing Market Analysis, by End-Use Industry
- Healthcare
- Financial Services
- Automotive
- Defense
- Energy
- Market Analysis, by Region
- North America
- Europe
- Asia-Pacific
- North America Quantum Computing Market Analysis
- Europe Quantum Computing Market Analysis
- Asia-Pacific Quantum Computing Market Analysis
- Competitive Landscape
- Major Company Profiles
- Appendix
- Research Methodology
- List of Abbreviations