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Quantum Computing

Revolutionary computing technology leveraging quantum mechanics for exponential speedups in specific problem domains

Market Size
$65B
Growth Rate
35% CAGR
Projected (2030)
$65B (2030)

Market Overview

Current Market Size

$8.6B (2024)

Projected Market Size

$65B (2030) (2024-2030)

Description

Quantum processors, quantum software, quantum cryptography

Key Technology Segments

Quantum Processors

Hardware systems for quantum computation

TRL Range: TRL 6-8Market Size: $2.1B
Key Players: IBM, Google, IonQ, Rigetti Computing

Quantum Software

Algorithms and software platforms for quantum computing

TRL Range: TRL 7-9Market Size: $1.8B
Key Players: D-Wave, Microsoft, Amazon Braket, QC Ware

Quantum Cryptography

Quantum-safe encryption and secure communication

TRL Range: TRL 5-7Market Size: $0.9B
Key Players: ID Quantique, QuintessenceLabs, Quantum Xchange

Key Players

IBM

enterprise

Leading quantum computing hardware and software provider

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Google Quantum AI

enterprise

Pioneering quantum supremacy and quantum algorithms

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IonQ

startup

Trapped-ion quantum computing systems

Funding: $84M

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MIT

university

Leading quantum computing research and education

Investment Trends

Latest Year (2024)+20.0% YoY
Total Funding
$4.2B
Deal Count
110
Avg Deal Size
$38.2M

Investment in quantum computing has shown strong growth, with total funding reaching $4.2B in 2024.

Commercialization Pathways

Licensing

high feasibility

Quantum algorithms and software are well-suited for licensing to enterprise customers and cloud providers.

Spinout

high feasibility

Strong investor interest and clear market applications make spinouts attractive for quantum computing innovations.

Partnership

high feasibility

Strategic partnerships with tech giants and cloud providers are common pathways to market.

Regulatory Considerations

  • Export controls on quantum technology
  • National security considerations
  • Data privacy regulations for quantum-safe encryption