PUBLISHER: Future Markets, Inc. | PRODUCT CODE: 2145378
PUBLISHER: Future Markets, Inc. | PRODUCT CODE: 2145378
The quantum technologies market crossed a decisive threshold in 2026, moving from venture-funded research into public capital markets, industrial-scale manufacturing and direct government ownership. Capital markets defined the first half of the year. Quantinuum chose a conventional underwritten IPO over a SPAC: its upsized offering priced at $60 a share, above its earlier range, and raised $1.68 billion. Xanadu, Infleqtion and IQM completed their listings, so the sector's leading hardware companies now report publicly every quarter. Commercial traction is visible: IonQ reported Q2 2026 revenue of $80.1 million, up 287% year on year, and raised its full-year guidance to $280–290 million.
Industrial policy defined the second half. The US Department of Commerce signed nine letters of intent for $2.013 billion of CHIPS incentives, and as a condition of funding it takes a minority equity stake in each company. Anderon, IBM's pure-play quantum foundry, finalised a $1 billion award for a 300 mm quantum wafer foundry in Albany, New York. The industry's bottleneck is moving from qubit physics to manufacturing, with foundries, specialty materials, isotopes, control electronics and photonic components becoming strategic assets.
Private capital continues to favour fault-tolerant architectures. Oratomic raised a $300 million Series A on research suggesting utility-scale quantum computers may need only about 10,000 neutral-atom qubits rather than millions. OQC raised £260 million, Europe's largest private quantum computing round. Lower estimates of the hardware needed for fault tolerance are bringing "Q-Day" closer and accelerating post-quantum cryptography migration, which is building a large quantum-safe security market around quantum communications.
Quantum sensing remains the largest revenue segment today, driven by defence demand for GPS-independent navigation and timing, alongside healthcare applications such as wearable OPM-MEG. Quantum computing becomes the largest segment after 2030 as fault-tolerant systems arrive: IBM Starling, Quantinuum Apollo and others target 2028–2030. Deployment is shifting from cloud access to on-premises systems in HPC centres and AI data centres, tightly coupled to GPUs for hybrid workloads and real-time error correction. The outlook to 2036 is strong growth with high execution risk. Revenue will stay uneven while roadmaps are validated, but sovereign funding, public-market capital and foundry-scale manufacturing have put the industry on a far more durable footing than in any previous cycle.
The Global Quantum Technologies Market 2026–2036 is a comprehensive analysis of the second quantum revolution. It covers quantum computing, quantum communications, quantum sensing, quantum batteries, and the materials and enabling hardware that underpin them. With data through Q3 2026, the report charts a market undergoing its most significant transformation yet: public listings of leading hardware developers, the arrival of government equity stakes under the US CHIPS programme, the emergence of pure-play quantum foundries, and a decisive shift in investment towards fault-tolerant architectures. The report gives detailed technology assessments, market forecasts and competitive analysis for every major qubit modality: superconducting, trapped-ion, neutral-atom, photonic, silicon-spin, topological, diamond and annealing systems. It includes a modality-level revenue forecast to 2046. It examines the race to fault tolerance through a logical-qubit leaderboard, vendor roadmaps, and the real-time decoding hardware and QEC spending it requires. A dedicated chapter analyses how quantum computers are being integrated into HPC centres and AI data centres.
The enabling-technology chapters cover the supply chain in depth: cryogenics and helium-3, isotopically enriched materials, cryo-CMOS and room-temperature control electronics, lasers and photonic integrated circuits, single-photon sources and detectors, and the new generation of quantum foundries. These sections are designed for materials, semiconductor and photonics suppliers assessing quantum as a growth market.
Communications coverage includes QKD, post-quantum cryptography and the wider quantum-safe security market, satellite quantum communications, and quantum memories and repeaters. Sensing coverage includes atomic clocks, magnetometers, gravimeters, quantum PNT for GPS-denied navigation, and biomedical sensing and imaging. End-use analysis spans defence and national security, pharmaceuticals, finance, energy, automotive and other sectors. National programme coverage includes the US, China, the EU, the UK, Japan, South Korea, India and the Gulf States. The report profiles 353 companies, from start-ups to global technology leaders, with products, roadmaps, partnerships and funding histories.
Now in it's Third Edition of The Global Quantum Technologies Market 2026–2036 has been substantially revised and expanded. New chapters and sections include:
All market forecast tables have been reconciled so that segment, end-use, regional and sensor-type forecasts agree with the headline totals. Thirteen new company profiles have been added, and existing profiles of the leading companies have been rewritten with current product, roadmap, funding and financial data.
Report contents include: