Quantum Computing Market Outlook:
Quantum Computing Market size was over USD 1.20 billion in 2025 and is projected to reach USD 9.55 billion by 2035, witnessing a CAGR of around 23.1% during the forecast period, i.e., between 2026-2035. In 2026, the industry size of quantum computing is evaluated at USD 1.47 billion.
The surge in demand for high-performance computing is one of the most pivotal factors fostering the market growth. The conventional computers are approaching the limit of Moore’s Law, making it highly complicated to garner any further speed in computation. However, the latest quantum computers are utilizing superposition that can process intricate algorithms exponentially faster than any conventional systems. As organizations are seeking computational power for the AI model training, quantum computing is appearing as a stopgap solution, rendering adequate solutions and rapidly fueling the investment from both the government and private sectors.
Quantum computing hardware has evolved with including improvements in the coherence time and error detection. Prominent players such as IBM and Rigetti are making scalable superconducting qubits. The occurrence of the fault-tolerant architecture has also preceded the practical use cases and further filled the gap between commercial and experimental systems. Furthermore, it has also included innovations in quantum interconnects by lowering the decoherence issues.