Quantum Chip Market Report 2026

The quantum chip market size has grown exponentially in recent years. It will grow from $0.22 billion in 2025 to $0.31 billion in 2026 at a compound annual growth rate (CAGR) of 43.2%. The growth in the historic period can be attributed to early academic research in quantum mechanics, government funding for quantum research programs, advancements in semiconductor fabrication techniques, growth of high performance computing demand, development of cryogenic systems.

The quantum chip market size is expected to see exponential growth in the next few years. It will grow to $1.14 billion in 2030 at a compound annual growth rate (CAGR) of 38.2%. The growth in the forecast period can be attributed to increasing demand for quantum advantage in complex computations, rising investments by technology companies, growing collaboration between academia and industry, advancements in qubit coherence and scalability, expansion of quantum cloud computing platforms. Major trends in the forecast period include advancement of superconducting qubit architectures, growing adoption of semiconductor based quantum chips, increasing focus on qubit error correction and stability, expansion of cryogenic and control electronics integration, rising investments in scalable quantum chip fabrication.

The increasing need for secure communication and data protection is expected to drive the growth of the quantum chip market going forward. Secure communication refers to protecting data during transmission, while data protection includes a broader set of measures to safeguard data throughout its lifecycle, including storage, processing, and transmission. The rising number of cyber threats, data breaches, and the growing value of personal and corporate information in the digital era are intensifying the demand for secure communication and data protection. Quantum chips strengthen secure communication and data protection by enabling quantum key distribution (QKD), which generates unbreakable encryption keys, and by supporting quantum-resistant encryption algorithms that protect sensitive information against future quantum computing threats. For example, in October 2023, according to the 2023 Data Breach Report published by the Identity Theft Resource Center, a US-based non-profit organization, the number of data breaches in the first three quarters of 2023 reached 2,116, surpassing the previous record of 1,862 breaches. Therefore, the increasing need for secure communication and data protection is fueling the growth of the quantum chip market.

Key players in the quantum chip market are focusing on developing silicon chips to enhance quantum computing capabilities. Silicon chips, semiconductor devices made from silicon known for their excellent semiconductor properties, are being adapted to host quantum bits (qubits) for quantum computing. Silicon-based qubits offer reliability and scalability, with the potential for densely packed qubits on a single chip. For instance, in June 2023, Intel Corporation unveiled Tunnel Falls, a 12-qubit silicon-based chip utilizing silicon spin-qubit technology. Fabricated using cutting-edge 300mm wafer technology in the D1 fabrication facility, Intel emphasizes the superiority of silicon spin qubits due to their compatibility with state-of-the-art transistors.

In March 2023, Nvidia Corporation, a US-based software company, partnered with Quantum Machines. The partnership aims to develop a groundbreaking quantum-classical computing system by combining NVIDIA’s GPU acceleration with Quantum Machines' quantum control platform. This collaboration seeks to advance quantum computing capabilities through hybrid applications and improved computational performance. Quantum Machines is an Israel-based computer hardware manufacturing company specializing in the development and integration of quantum chips and control systems.

Major companies operating in the quantum chip market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., Intel Corporation, International Business Machines Corporation, Honeywell International Inc., Fujitsu Limited, Thorlabs Inc., Quantum Machines, Xanadu, ID Quantique SA., ORCA Computing Limited, Quantum Motion, PsiQuantum, Rigetti & Co LLC, Atom Computing Inc., Quandela, IonQ Inc., Classiq, SeeQC Inc., D-Wave Quantum Inc., Archer Materials Limited, Silicon Quantum Computing, Qubitekk Inc., Quantum Computing Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the quantum chips market by increasing costs for specialized semiconductor materials, fabrication equipment, and cryogenic components required for quantum systems. These impacts are most evident in research, aerospace and defense, and IT sectors across north america, europe, and parts of asia pacific. Higher import duties have contributed to longer development timelines and elevated R and D costs. At the same time, tariffs have encouraged domestic manufacturing initiatives and strengthened local quantum technology ecosystems.

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

Quantum chips are advanced semiconductor devices engineered to operate quantum bits (qubits) in quantum computing, harnessing principles of quantum mechanics for faster complex calculations compared to classical computers. These chips facilitate quantum superposition and entanglement, enabling qubits to process multiple states simultaneously.

The primary categories of quantum chips include superconducting, semiconductors, ion trap, and others. Superconducting quantum chips employ superconducting materials to create qubits within circuits, serving diverse applications such as IT, telecom, BFSI, aerospace, defense, research, and academia.North America was the largest region in the quantum chip market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quantum chip 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 chip market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The quantum chip market includes revenues earned by entities by providing services such as quantum computing, quantum cryptography, quantum sensing, and quantum communication. The market value includes the value of related goods sold by the service provider or included within the service offering. The quantum chip market also includes sales of sales of photonic chips, semiconductor spin qubits, superconducting chips, and trapped ion chips. 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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