Quantum computing forecast market size outlook comparison 2017-2030

The statistic shows a comparison of selected market size forecasts and projections for the global quantum computing market from 2017 to 2030. The global quantum computing market is forecast to grow from hundreds of millions U.S. dollars to billions of dollars during the forecast period. Additional information regarding sources and market definitions/scope can be found in the "more information" tab of the statistic.

Quantum computing global market projections and forecast comparison 2017 to 2030 (in million U.S. dollars)*

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Sources

Release date

October 2019

Region

Worldwide

Survey time period

2019

Supplementary notes

*The statistic compiles information from various sources to show a comparison of projections for the global quantum computing market. Figures are not entirly comparable to each other as the sources use different market definitions and models for their data. The excel file downlaod includes data for 2015 to 2021 from Market Research Future and data for BCG's base and upside scenarios for 2050. This data is not shown in the graph to ensure a more comprehensible representation of the data.

ABI Research: Total revenues generated from quantum computing services.
bcc Research: Global commercial quantum computing market.
Boston Consulting Group: Low value creation scenario assumes a Moore's law speed of qubit development with no improvement on error correction. Upside-case scenario assumes a significant reduction in the need for error correction.
Communications Industry Researchers: Focus on opportunities from quantum computing software and cloud services as well as the computers themselves. 2023: Quantum computing hardware - 800 million U.S. dollars; quantum computing software - 400 million U.S. dollars.
Inside Quantum Technology: Takes into account quantum hardware like quantum computers, quantum annealers, and quantum simulators, as well as quantum computing software. The quantum computing software market is forecast to reach 250 million U.S. dollars in 2025 amdmore than 900 million U.S. dollars in 2029 according to the source.
MarketsAndMarkets: Takes into account the applications optimization, machine learning, and material simulation. Verticals included are Space & Defense, Automotive, Healthcare, Banking & Finance, Energy & Power, and Chemicals.
Market Research Future: Enterprise quantum computing taking into account the verticals Aerospace & Defense, Automotive, IT & Telecommunication, BFSI, Medical, Chemical, Transportation, and Energy & Power, among others.
Mind Commerce: Overall quantum technology market
Tractica: Enterprise quantum computing

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