Quantum Computing and Technologies Market Report 2026

The quantum computing and technologies market size has grown exponentially in recent years. It will grow from $1.47 billion in 2025 to $1.96 billion in 2026 at a compound annual growth rate (CAGR) of 33.7%. The growth in the historic period can be attributed to advancements in qubit stability research, early enterprise experimentation with quantum systems, government investments in quantum programs, academic research breakthroughs, development of quantum programming tools.

The quantum computing and technologies market size is expected to see exponential growth in the next few years. It will grow to $5.29 billion in 2030 at a compound annual growth rate (CAGR) of 28.1%. The growth in the forecast period can be attributed to increasing commercialization of quantum applications, rising demand for quantum-enhanced AI and ml, expansion of quantum-as-a-service offerings, growing focus on fault-tolerant quantum systems, increasing cross-industry quantum adoption. Major trends in the forecast period include increasing development of scalable quantum processors, rising use of quantum simulation and modeling, growing adoption of quantum cloud platforms, expansion of error correction techniques, enhanced focus on practical quantum advantage.

The rising cybersecurity threats are expected to drive the growth of the quantum computing and technologies market in the coming years. Cybersecurity threats involve malicious attempts to compromise the confidentiality, integrity, or availability of information systems, networks, and data. The increase in these threats is fueled by factors such as accelerated digital transformation, the expansion of remote work, and the growing sophistication of attack methods. Quantum computers can strengthen encryption systems by generating truly unpredictable numbers through quantum processes, enhancing key randomness and making cryptographic protections more resistant to attacks. For example, in March 2024, the FBI Internet Crime Complaint Center (IC3), a US-based government agency, reported that cybercrime losses reached $12.5 billion in 2023, a significant rise from 2022, with 880,418 complaints documented that year, highlighting the increasing frequency and severity of cyberattacks. Consequently, the growing cybersecurity threats are driving demand for quantum computing and related technologies.

Major companies in the quantum computing and technologies market are intensifying their focus on innovative solutions such as quantum optics and nanophononics technology to meet the rising demand for advanced quantum computing capabilities and address the limitations of existing quantum technologies. Quantum optics and nanophononics deal with the fundamental interactions between light and matter at the nanoscale, providing critical insights for developing quantum computers and related technologies. For instance, in February 2024, Quantum Computing Inc., a US-based technology company, launched the Dirac-3 entropy quantum computer (EQC), a quantum computing platform. The EQC combines quantum optics and nanophononics technologies to modify an issue encoded into its photonic architecture. The EQC adjusts how the variables interact through optical feedback loops before settling into a ground state or optimal solution. The Dirac-3 EQC utilizes quantum digits (qdits), which are quantum bits (qubits) with 200 discrete modes each, unlike the qubits used in standard quantum computing devices.

In January 2025, IonQ Inc., a US-based quantum computing company, acquired substantially all operating assets of Qubitekk, Inc. for an undisclosed amount. Through this acquisition, IonQ aims to expand its quantum networking capabilities by integrating Qubitekk’s specialized technology, team, and intellectual property portfolio, which includes 118 U.S. and international patents. Qubitekk, Inc. is a US-based quantum hardware company specializing in quantum networking, quantum communication, and entanglement distribution technologies.

Major companies operating in the quantum computing and technologies market are Volkswagen AG, Google LLC, Microsoft Corporation, Mitsubishi Corporation, Huawei Technologies Co. Ltd., Amazon Web Services Inc., Raytheon Technologies Corporation, Intel Corporation, The Hewlett-Packard Company, International Business Machines Corporation, Nokia Corporation, Toshiba Corporation, NEC Corporation, SK Telecom Co. Ltd., Rigetti Computing Inc., Pasqal, Riverlane Ltd., IonQ Inc., D-Wave Systems Inc., Quantum Circuits Inc., Alpine Quantum Technologies GmbH, Multiverse Computing, Zapata Computing Inc.

North America was the largest region in the quantum computing and technologies market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quantum computing and technologies 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 and technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs are impacting the quantum computing and technologies market by increasing costs of imported quantum hardware, cryogenic cooling systems, advanced chips, and photonic components. Technology providers and research facilities in North America and Europe are most affected due to reliance on specialized imported equipment, while Asia-Pacific faces cost pressures on component manufacturing. These tariffs are increasing capital requirements and slowing system scaling. However, they are also driving domestic hardware innovation, regional manufacturing investments, and stronger local quantum technology ecosystems.

The quantum computing and technologies market research report is one of a series of new reports that provides quantum computing and technologies market statistics, including quantum computing and technologies industry global market size, regional shares, competitors with a quantum computing and technologies market share, detailed quantum computing and technologies market segments, market trends and opportunities, and any further data you may need to thrive in the quantum computing and technologies industry. This quantum computing and technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Quantum computing and technologies integrate principles from quantum mechanics with computer science to develop advanced computing systems. These systems harness the unique characteristics of quantum bits (qubits), such as superposition and entanglement, to execute intricate computations exponentially faster than classical computers.

The primary components of quantum computing and technologies encompass hardware, software, and services. Hardware denotes the tangible components of a computer system or electronic device that can be physically manipulated. Various technologies employed include blockchain, adiabatic, measurement-based, superconducting, and topological, which are deployed both on cloud-based and on-premises platforms. These technologies find applications across diverse domains, including cryptography, the Internet of Things (IoT), big data analytics, artificial intelligence (AI), machine learning, teleportation, simulation, and data optimization. They are utilized across various industries, notably banking, financial services, and insurance (BFSI), healthcare and life sciences, information technology and telecommunications, manufacturing, government, aerospace and defense, among others.

The quantum computing and technologies market consists of revenues earned by entities providing services such as quantum computing as a service, quantum simulation services, and quantum sensing services. The market value includes the value of related goods sold by the service provider or included within the service offering. The quantum computing and technologies market also includes sales of quantum sensors, quantum communication systems, and quantum computers. values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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