Quantum Computing Industry worth $20.20 billion by 2030
The report "Quantum Computing Market by Offering, Deployment (On-Premises and Cloud), Application (Optimization, Simulation, Machine Learning), Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits), End User and Region - Global Forecast to 2030" The quantum computing market is projected to reach USD 20.20 billion by 2030 from USD 3.52 billion in 2025, at a CAGR of 41.8% during the forecast period. The quantum computing market presents vast opportunities in drug discovery, financial modeling, supply chain optimization, and cybersecurity, where classical computing falls short. Rapid advancements in hardware, software, and cloud-based access enable broader adoption across industries. As governments and enterprises increase investments, players can tap into these opportunities by focusing on scalability, partnerships, and application-specific solutions.
Browse 226 market data Tables and 62 Figures spread through 264 Pages and in-depth TOC on "Quantum Computing Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/quantum-computing-market-144888301.html
By offering, the service segment is expected to account for the largest market share during the forecast period.
Quantum Computing as a Service (QCaaS) lowers the entry barrier by offering access to costly quantum systems through the cloud. It enables organizations to test, develop, and deploy quantum applications without the need for substantial infrastructure investments. QCaaS platforms offered by leaders like IBM (US), AWS (US), Microsoft (US), and Google (US) accelerate adoption by integrating with existing workflows. The model also supports scalability and flexibility, making it attractive for enterprises across industries. Growing demand for on-demand computing power and pay-as-you-go models further drives QCaaS adoption globally.
By end user industry, the healthcare and pharma segment are expected to grow at the highest CAGR during the forecast period.
The healthcare and pharma segment are expected to grow at the highest CAGR in the quantum computing market due to their need for complex data analysis and drug discovery. Quantum computing enables faster molecular modeling, protein folding simulations, and identification of new drug compounds. It can significantly reduce R&D costs and accelerate the time-to-market for new therapies. Personalized medicine and genomics also benefit from Quantum’s advanced optimization and simulation capabilities. Increasing investments from pharma giants and collaborations with quantum technology providers further fuel this rapid growth.
In North America, the US is projected to dominate the market during the forecast period.
The US quantum computing market is witnessing strong growth, driven by significant government funding and private sector investments. Leading technology giants such as IBM, Google, Microsoft, and Amazon are pioneering advancements in hardware, software, and cloud-based services. The country benefits from a strong research ecosystem supported by universities, defense agencies, and national labs. Increasing adoption across industries like finance, healthcare, aerospace, and defense is further accelerating demand. Overall, the US remains the global leader, shaping innovation and commercialization in the quantum computing space.
Major vendors in the quantum computing market include IBM (US), D-Wave Quantum Inc. (Canada), Microsoft (US), Amazon Web Services (US), Rigetti Computing (US), Fujitsu (Japan), Hitachi (Japan), Toshiba (Japan), Google (US), Intel (US), and Quantinuum (US).
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Quantum Computing Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
