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DOE OSTI · 3019318

Quantum Computing Market Report

Kerr, Julia [Lawrence Livermore National Laboratory]
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Abstract

The quantum computing market is entering a rapid growth phase. Growth was originally driven by private investment interest in high value applications such as drug discovery, materials science, and finance. Currently the main market drivers include technical advances, continued private investment, and rising public funding. The quantum computing market is poised for explosive growth — with its market size estimated at $1.42 billion USD in 2024, and an expected compound annual growth rate of 20.5% from 2025 to 2030 [4]. Superconducting qubits are the largest qubit type by revenue. However, alternative approaches such as trapped ion, neutral atom, spin based, and photonic qubits are also attracting investment.

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Kerr, Julia [Lawrence Livermore National Laboratory]. 2026-02-19. Quantum Computing Market Report. https://doi.org/10.2172/3019318

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