Quantum Computing Market Global Report 2026

The quantum computing market size has grown exponentially in recent years. It will grow from $1.27 billion in 2025 to $1.66 billion in 2026 at a compound annual growth rate (CAGR) of 31.1%. The growth in the historic period can be attributed to advancements in quantum physics research, early commercialization of quantum processors, increasing government funding for quantum technology programs, expansion of academic research initiatives, and emergence of quantum software platforms.

The quantum computing market size is expected to see exponential growth in the next few years. It will grow to $4.64 billion in 2030 at a compound annual growth rate (CAGR) of 29.2%. The growth in the forecast period can be attributed to increasing demand for complex problem-solving capabilities, rising investments from technology giants, growing interest in quantum-safe cryptography, expansion of industry-specific quantum applications, and improving stability and scalability of qubit technologies. Major trends in the forecast period include increasing investments in quantum hardware development, growing adoption of cloud-based quantum computing services, expansion of hybrid quantum-classical computing models, rising focus on quantum algorithm development, and enhanced collaboration between academic institutions and industry.

The rising investments in quantum computing startups are expected to propel the growth of the quantum computing market going forward. Quantum computing startups are early-stage companies focused on developing quantum hardware, quantum-enabled software, or quantum-enabled services that seek to commercialize the advantages of quantum technology. Investment in quantum computing startups is increasing mainly because governments and public agencies are allocating larger and more targeted funding programs to accelerate national quantum capabilities. The expansion of the quantum computing market supports quantum computing startups by creating demand for prototype systems, cloud-accessible quantum resources, and commercialization pathways that attract and validate startup financing. For instance, in August 2025, according to Quantum Insider, a Canada-based provider of media and market intelligence, venture investment in quantum computing increased from $550 million in Q1 2024 to $1.25 billion in Q1 2025, representing an increase of $700 million and approximately 127.3% year-over-year growth. Therefore, the rising investments in quantum computing startups are driving the growth of the quantum computing market.

Leading companies operating in the quantum computing market are focusing on developing quantum development kits, such as Azure Quantum Development Kit (QDK), to gain a competitive edge in the market. Azure Quantum Development Kit (QDK) is a software development kit for quantum computing development that aims to empower developers to explore and experiment with quantum algorithms, simulate quantum systems, and ultimately build applications for quantum computers. For example, in January 2024, Microsoft, a US-based technology company, launched a 1.0 version of the Azure Quantum Development Kit (QDK), featuring a significant rewrite for speed, simplicity, and browser compatibility. The QDK is mostly rewritten in Rust, offering a 100x performance boost and integration with Azure Quantum Service. It includes a VS Code extension with a Q editor, debugger, and resource estimator for quantum programming. The release aims to support developers in navigating the ‘Noisy Intermediate Scale Quantum’ phase and advancing towards Level 2 quantum computing capabilities.

In November 2024, IonQ Inc., a US-based quantum computing company, announced the acquisition of substantially all operating assets of Qubitekk, a quantum networking company based in Vista, California. Through this acquisition, IonQ seeks to strengthen its quantum networking and security capabilities by incorporating Qubitekk’s technology, workforce, and extensive patent portfolio, comprising 118 U.S. and international patents related to quantum networking hardware and security.

Major companies operating in the quantum computing market are Google LLC, Intel Corporation, International Business Machines Corporation, Honeywell, Atos Quantum, PsiQuantum Corporation, Quantum Machines Technologies Ltd, Pasqal, Xanadu Quantum Technologies Inc, Quantum Brilliance Pty Ltd, Zapata Computing Inc, Riverlane Ltd, Quantum Circuits Inc, Quantum Motion Technologies Inc, IonQ Inc, Cambridge Quantum Computing Limited, Seeqc Inc, Q-CTRL, D-Wave Systems Inc, Rigetti Computing, QuEra Computing Inc, Qubitekk Inc, Bleximo Corporation, Anyon Systems Inc, Classiq Technologies Inc.

Asia-Pacific was the largest region in the quantum computing market in 2025. The regions covered in the quantum computing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the quantum computing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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