Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 457.9 Million | USD 5274.9 Million | 31.21% | 2021 |
FrequentlyAsked Questions
The global quantum computing market is projected to grow due to the immense potential that quantum computing technology and the associated computer hold in terms of solving complex problems that currently available commercial computers cannot solve.
According to study, the global quantum computing market size was valued at around USD 457.9 million in 2021 and is predicted to reach around USD 5274.9 million by 2030 while growing at a compound annual growth rate (CAGR) of roughly 31.21% between 2022 and 2030.
The global quantum computing market is projected to be dominated by North America during the forecast period with the United States acting as the majority shareholder. The regional growth is expected to be driven by the presence of the necessary infrastructure to promote and encourage quantum computing systems.
The global quantum computing market is led by players like Huawei Technologies Co. Ltd., Rigetti & Co Inc, D-Wave Systems Inc., IBM Corporation, Microsoft Corporation, Telstra Corporation Limited, Zapata Computing Inc., IonQ Inc., and Silicon Quantum Computing.
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