Quantum Computing Global Market Report 2026

Quantum computing refers to an interdisciplinary field that combines computer science, physics, and mathematics to apply the principles of quantum mechanics to computational processes that may deliver substantial speed advantages over classical computing. Quantum computing applies quantum mechanical principles to solve certain complex computational problems more efficiently than traditional computers. Its potential to transform cybersecurity, accelerate drug discovery, advance artificial intelligence, and solve complex problems makes it a promising technology despite being in an early stage of development.

The primary components of quantum computing include hardware, software, and services. Hardware refers to the physical components of a computer system or electronic device that can be physically handled, connected, and configured to perform specific functions. The deployment modes include on-premises and cloud environments, incorporating technologies such as trapped ions, quantum annealing, superconducting qubits, and other technologies. The key applications include optimization, simulation, machine learning, and others, serving end users such as healthcare, banking, financial services and insurance (BFSI), automotive, energy and utilities, chemical, manufacturing, and others.

Tariffs are influencing the quantum computing market by increasing the costs of imported cryogenic systems, superconducting materials, precision electronics, and advanced fabrication equipment required for quantum hardware development. Research institutions and technology companies in North America and Europe are particularly affected because of their dependence on specialized imported components, while Asia-Pacific is facing higher costs in export-oriented quantum hardware manufacturing. These tariffs are increasing research and infrastructure expenditures and slowing the expansion of quantum hardware capabilities. However, they are also encouraging domestic fabrication capabilities, regional research ecosystems, and greater investment in locally developed quantum technologies and software-led solutions.

The quantum computing market research report is one of a series of new reports from The Business Research Company that provides quantum computing market statistics, including quantum computing industry global market size, regional shares, competitors with a quantum computing market share, detailed quantum computing market segments, market trends and opportunities, and any further data you may need to thrive in the quantum computing industry. This quantum computing 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.

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.

The quantum computing market consists of revenues earned by entities by providing services such as quantum cloud services, quantum consulting services, and quantum security service. The market value includes the value of related goods sold by the service provider or included within the service offering. The quantum computing market also includes sales of quantum software tools, quantum processors, and quantum-enabled applications which are used in various tasks. 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.

Quantum Computing Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses quantum computing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for quantum computing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The quantum computing market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Component: Hardware; Software; Services
• 2) By Deployment: On-Premises; Cloud
• 3) By Technology: Trapped Ions; Quantum Annealing; Superconducting Qubits; Other Technologies
• 4) By Application: Optimization; Simulation; Machine Learning; Other Applications
• 5) By End User: Healthcare; Banking, Financial Service And Insurance (BSFI); Automotive; Energy And Utilities; Chemical; Manufacturing; Other End Users
• Subsegments:
• 1) By Hardware: Quantum Processors; Quantum Sensors; Quantum Memory; Quantum Controllers; Quantum Detectors
• 2) By Software: Quantum Programming Languages; Quantum Development Platforms; Quantum Algorithms; Quantum Simulation Software
• 3) By Services: Cloud-Based Quantum Computing Services; Quantum Consulting; Quantum Training And Support Services; Quantum Application Development Services
• Companies Mentioned: 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
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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