Quantum computing market projected to reach USD 20.20 billion by 2030

The global quantum computing market is projected to experience significant growth, rising from USD 3.52 billion in 2025 to an estimated USD 20.20 billion by 2030. This represents a compound annual growth rate (CAGR) of 41.8% during that period.

As the industry moves from laboratory research toward early commercial adoption, companies are focusing on improving qubit stability, reducing computational errors, and developing software for real-world applications. Quantum systems are expected to complement traditional high-performance computing by addressing complex problems in fields such as molecular simulation, financial modeling, optimization, materials science, and cybersecurity.

Several publicly traded companies are central to this emerging sector, including IonQ, Inc., which provides access to quantum computers via cloud platforms like Amazon Web Services and Microsoft Azure, and D-Wave Quantum Inc., which offers quantum computing systems and software through its Leap cloud-based service. While these companies offer exposure to the potential of quantum technology, the sector remains characterized by high volatility and technology-development risks.