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North America Quantum Processing Unit Market Size, Share & Industry Analysis Report By Offerings, By Application, By Technology, By End-Use, By Country and Growth Forecast, 2025 - 2032

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    Report

  • 165 Pages
  • June 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6107818
The North America Quantum Processing Unit Market is expected to witness market growth of 31.3% CAGR during the forecast period (2025-2032).

The US market dominated the North America Quantum Processing Unit Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $2.41 billion by 2032. The Canada market is experiencing a CAGR of 33.8% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 33.3% during 2025-2032.



The Quantum Processing Unit (QPU) market has evolved significantly over the past decade, driven by advancements in quantum computing and substantial investments from governments and industry leaders. Initially, quantum computing was a theoretical concept, but breakthroughs in quantum mechanics and engineering have transformed it into a tangible technology with the potential to revolutionize various sectors.

On the industry front, companies like IBM, Google, and Rigetti Computing have been at the forefront of QPU development. In 2019, Google's Sycamore processor achieved a milestone by performing a specific task in 200 seconds, which would take a classical supercomputer approximately 10,000 years, demonstrating the potential of QPUs. Rigetti Computing has also made notable progress, developing scalable, multi-chip QPUs and collaborating with partners to accelerate quantum computing manufacturing.

The United States Quantum Processing Unit (QPU) market is rapidly emerging as a pivotal sector in the broader quantum computing landscape, driven by the country’s strategic emphasis on technological innovation and quantum supremacy. Quantum processing units are specialized chips that leverage the principles of quantum mechanics, such as superposition and entanglement, to perform computations far beyond the capabilities of classical processors. The U.S. government’s early recognition of quantum technology’s potential is evident through landmark initiatives like the National Quantum Initiative Act (2018), which commits substantial funding and policy support to accelerate quantum research and commercialization. Overall, the U.S. QPU market exemplifies a vibrant and rapidly evolving sector poised to lead global quantum computing advancements with widespread implications across industries and national security.

The Canadian Quantum Processing Unit (QPU) market is steadily gaining momentum as the country positions itself as a global leader in quantum computing innovation. Quantum processors, which exploit quantum phenomena such as superposition and entanglement, promise to revolutionize computing by solving problems that are intractable for classical machines. Canada’s government and research institutions have long recognized quantum technology as a critical strategic priority. The establishment of the National Quantum Strategy in 2021 marked a significant commitment by the Canadian government to accelerate quantum research, develop domestic talent, and foster commercialization of quantum technologies. Overall, Canada’s QPU market is marked by a balanced competitive environment where research excellence, entrepreneurial drive, and public support converge to advance the frontier of quantum computing technology.

List of Key Companies Profiled

  • IBM Corporation
  • Google LLC
  • Microsoft Corporation
  • Rigetti Computing, Inc.
  • Intel Corporation
  • NVIDIA Corporation
  • Amazon Web Services, Inc.
  • D-Wave Systems Inc.
  • Fujitsu Limited
  • Accenture PLC

Market Report Segmentation

By Offerings

  • Hardware
  • Software
  • Services

By Application

  • Material Science
  • Cybersecurity
  • Factory Automation
  • Environment Monitoring
  • Other Application

By Technology

  • Superconducting Processors
  • Photonic Processors
  • Trapped Ions
  • Other Technology

By End-Use

  • BFSI
  • Logistics
  • Automotive & Transportation
  • Industrial
  • Chemicals
  • Environment
  • Other End Use

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Quantum Processing Unit Market, by Offerings
1.4.2 North America Quantum Processing Unit Market, by Application
1.4.3 North America Quantum Processing Unit Market, by Technology
1.4.4 North America Quantum Processing Unit Market, by End-Use
1.4.5 North America Quantum Processing Unit Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Geographical Expansion
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jan - 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Key Customer Criteria Globally in the Quantum Processing Unit Market
5.1 Performance and Scalability
5.2 Error Correction and Stability
5.3 Integration and Compatibility
5.4 Cost and Return on Investment (ROI)
5.5 Security and Compliance
5.6 Vendor Expertise and Support
5.7 Innovation and Roadmap
5.8 Application-Specific Customization
Chapter 6. Value Chain Analysis of Quantum Processing Unit Market
6.1 Research & Development (R&D)
6.2 Quantum Processor Design & Fabrication
6.3 Control Electronics & Software Development
6.4 Integration & Packaging
6.5 Cloud Quantum Computing Platforms & Services
6.6 Applications & Algorithm Development
6.7 End Users & Market Deployment
6.8 Maintenance, Upgrades & Support Services
Chapter 7. North America Quantum Processing Unit Market by Offerings
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Quantum Processing Unit Market by Application
8.1 North America Material Science Market by Region
8.2 North America Cybersecurity Market by Region
8.3 North America Factory Automation Market by Region
8.4 North America Environment Monitoring Market by Region
8.5 North America Other Application Market by Region
Chapter 9. North America Quantum Processing Unit Market by Technology
9.1 North America Superconducting Processors Market by Country
9.2 North America Photonic Processors Market by Country
9.3 North America Trapped Ions Market by Country
9.4 North America Other Technology Market by Country
Chapter 10. North America Quantum Processing Unit Market by End-Use
10.1 North America BFSI Market by Country
10.2 North America Logistics Market by Country
10.3 North America Automotive & Transportation Market by Country
10.4 North America Industrial Market by Country
10.5 North America Chemicals Market by Country
10.6 North America Environment Market by Country
10.7 North America Other End Use Market by Country
Chapter 11. North America Quantum Processing Unit Market by Country
11.1 US Quantum Processing Unit Market
11.1.1 US Quantum Processing Unit Market by Offerings
11.1.2 US Quantum Processing Unit Market by Application
11.1.3 US Quantum Processing Unit Market by Technology
11.1.4 US Quantum Processing Unit Market by End-Use
11.2 Canada Quantum Processing Unit Market
11.2.1 Canada Quantum Processing Unit Market by Offerings
11.2.2 Canada Quantum Processing Unit Market by Application
11.2.3 Canada Quantum Processing Unit Market by Technology
11.2.4 Canada Quantum Processing Unit Market by End-Use
11.3 Mexico Quantum Processing Unit Market
11.3.1 Mexico Quantum Processing Unit Market by Offerings
11.3.2 Mexico Quantum Processing Unit Market by Application
11.3.3 Mexico Quantum Processing Unit Market by Technology
11.3.4 Mexico Quantum Processing Unit Market by End-Use
11.4 Rest of North America Quantum Processing Unit Market
11.4.1 Rest of North America Quantum Processing Unit Market by Offerings
11.4.2 Rest of North America Quantum Processing Unit Market by Application
11.4.3 Rest of North America Quantum Processing Unit Market by Technology
11.4.4 Rest of North America Quantum Processing Unit Market by End-Use
Chapter 12. Company Profiles
12.1 IBM Corporation
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Regional & Segmental Analysis
12.1.4 Research & Development Expenses
12.1.5 Recent Strategies and Developments
12.1.5.1 Partnerships, Collaborations, and Agreements
12.1.5.2 Product Launches and Product Expansions
12.1.6 SWOT Analysis
12.2 Google LLC
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Segmental and Regional Analysis
12.2.4 Research & Development Expenses
12.2.5 Recent Strategies and Developments
12.2.5.1 Partnerships, Collaborations, and Agreements
12.2.5.2 Product Launches and Product Expansions
12.2.6 SWOT Analysis
12.3 Microsoft Corporation
12.3.1 Company Overview
12.3.2 Financial Analysis
12.3.3 Segmental and Regional Analysis
12.3.4 Research & Development Expenses
12.3.5 Recent Strategies and Developments
12.3.5.1 Partnerships, Collaborations, and Agreements
12.3.6 SWOT Analysis
12.4 Rigetti Computing, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Regional Analysis
12.4.4 Research & Development Expenses
12.4.5 Recent Strategies and Developments
12.4.5.1 Product Launches and Product Expansions
12.5 Intel Corporation
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Segmental and Regional Analysis
12.5.4 Research & Development Expenses
12.5.5 Recent Strategies and Developments
12.5.5.1 Partnerships, Collaborations, and Agreements
12.5.5.2 Product Launches and Product Expansions
12.5.6 SWOT Analysis
12.6 NVIDIA Corporation
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Segmental and Regional Analysis
12.6.4 Research & Development Expenses
12.6.5 Recent Strategies and Developments
12.6.5.1 Product Launches and Product Expansions
12.6.6 SWOT Analysis
12.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Segmental and Regional Analysis
12.7.4 Recent Strategies and Developments
12.7.4.1 Geographical Expansions
12.7.5 SWOT Analysis
12.8 D-Wave Systems Inc.
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Regional Analysis
12.8.4 Research & Development Expenses
12.8.5 Recent Strategies and Developments
12.8.5.1 Partnerships, Collaborations, and Agreements
12.9 Fujitsu Limited
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Segmental and Regional Analysis
12.9.4 Research & Development Expenses
12.9.5 SWOT Analysis
12.10. Accenture PLC
12.10.1 Company Overview
12.10.2 Financial Analysis
12.10.3 Segmental Analysis
12.10.4 Recent Strategies and Developments
12.10.4.1 Partnerships, Collaborations, and Agreements
12.10.5 SWOT Analysis

Companies Mentioned

  • IBM Corporation
  • Google LLC
  • Microsoft Corporation
  • Rigetti Computing, Inc.
  • Intel Corporation
  • NVIDIA Corporation
  • Amazon Web Services, Inc.
  • D-Wave Systems Inc.
  • Fujitsu Limited
  • Accenture PLC