Market overview
The global quantum computing market is worth USD 2.4 bn in 2026 and is forecast to reach USD 20.9 bn by 2036, growing at a 24.0% CAGR. United States is the largest country market and Hardware and systems is the largest by component segment.
| Scope | Revenue from quantum computing: sales and cloud access of quantum processors and systems, control hardware, software and development tools, and quantum consulting services. |
|---|---|
| Industry | Technology |
| Value 2025 | USD 1.8 bn |
| Value 2026 | USD 2.4 bn |
| Value 2036 | USD 20.9 bn |
| CAGR 2026-2036 | 24.0% |
| Volume 2026 | 827 installations |
| Volume 2036 | 8,694 installations |
| Average price 2026 | USD 2,940,000 per installation |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Quantum Computing market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 2.4 bn |
| 2027 | USD 3.0 bn |
| 2028 | USD 3.7 bn |
| 2029 | USD 4.6 bn |
| 2030 | USD 5.7 bn |
| 2031 | USD 7.1 bn |
| 2032 | USD 8.8 bn |
| 2033 | USD 11.0 bn |
| 2034 | USD 13.6 bn |
| 2035 | USD 16.8 bn |
| 2036 | USD 20.9 bn |
Quantum Computing market segmentation
By component
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Hardware and systems | 42.0% | 29.4% | USD 1.0 bn | 19.6% |
| Cloud access | 30.0% | 40.0% | USD 729 mn | 27.6% |
| Software and tools | 14.0% | 15.9% | USD 340 mn | 25.6% |
| Services | 14.0% | 14.7% | USD 340 mn | 24.6% |
By technology
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Superconducting | 42.0% | 35.1% | USD 1.0 bn | 21.8% |
| Trapped ion | 20.0% | 23.1% | USD 486 mn | 25.8% |
| Neutral atom | 14.0% | 22.1% | USD 340 mn | 29.8% |
| Photonic | 8.0% | 9.2% | USD 194 mn | 25.8% |
| Annealing | 10.0% | 4.6% | USD 243 mn | 14.8% |
| Other approaches | 6.0% | 5.9% | USD 146 mn | 23.8% |
By end use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Government and research | 36.0% | 25.3% | USD 875 mn | 19.7% |
| BFSI | 14.0% | 18.8% | USD 340 mn | 27.7% |
| Pharmaceuticals and chemicals | 16.0% | 21.5% | USD 389 mn | 27.7% |
| Aerospace and automotive | 12.0% | 11.7% | USD 292 mn | 23.7% |
| Energy | 8.0% | 7.8% | USD 194 mn | 23.7% |
| Other industries | 14.0% | 14.8% | USD 340 mn | 24.7% |
By application
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Optimisation | 32.0% | 30.0% | USD 778 mn | 23.2% |
| Simulation and materials discovery | 26.0% | 28.0% | USD 632 mn | 24.9% |
| Machine learning | 12.0% | 16.0% | USD 292 mn | 27.6% |
| Cryptography and security | 14.0% | 14.0% | USD 340 mn | 24.0% |
| Sensing and other research | 16.0% | 12.0% | USD 389 mn | 20.5% |
By qubit scale
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Below 100 qubits | 52.0% | 22.0% | USD 1.3 bn | 13.8% |
| 100 to 1,000 qubits | 36.0% | 40.0% | USD 875 mn | 25.3% |
| Above 1,000 qubits | 12.0% | 38.0% | USD 292 mn | 39.1% |
Top 25 countries for quantum computing by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 93.5% of 2026 revenue and the 25 countries below together hold 97.9%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 972 mn | 40.0% | USD 7.6 bn | 22.8% |
| 2 | China | USD 292 mn | 12.0% | USD 2.9 bn | 25.8% |
| 3 | Japan | USD 219 mn | 9.0% | USD 1.9 bn | 23.9% |
| 4 | Germany | USD 194 mn | 8.0% | USD 1.6 bn | 23.8% |
| 5 | United Kingdom | USD 146 mn | 6.0% | USD 1.2 bn | 23.8% |
| 6 | France | USD 122 mn | 5.0% | USD 1.1 bn | 24.7% |
| 7 | Canada | USD 122 mn | 5.0% | USD 1.1 bn | 24.7% |
| 8 | South Korea | USD 73 mn | 3.0% | USD 731 mn | 25.9% |
| 9 | India | USD 73 mn | 3.0% | USD 856 mn | 27.9% |
| 10 | Australia | USD 61 mn | 2.5% | USD 564 mn | 25.0% |
| 11 | Israel | USD 15 mn | 0.6% | USD 134 mn | 24.4% |
| 12 | Spain | USD 13 mn | 0.6% | USD 119 mn | 24.4% |
| 13 | Netherlands | USD 12 mn | 0.5% | USD 94 mn | 23.2% |
| 14 | Switzerland | USD 10 mn | 0.4% | USD 81 mn | 23.1% |
| 15 | Singapore | USD 9.0 mn | 0.4% | USD 79 mn | 24.3% |
| 16 | Saudi Arabia | USD 8.0 mn | 0.3% | USD 79 mn | 25.8% |
| 17 | Luxembourg | USD 7.0 mn | 0.3% | USD 56 mn | 23.1% |
| 18 | Brazil | USD 6.1 mn | 0.2% | USD 58 mn | 25.4% |
| 19 | Russia | USD 5.3 mn | 0.2% | USD 42 mn | 22.8% |
| 20 | Turkey | USD 4.9 mn | 0.2% | USD 48 mn | 25.8% |
| 21 | Norway | USD 4.1 mn | 0.2% | USD 33 mn | 23.2% |
| 22 | Sweden | USD 3.6 mn | 0.1% | USD 29 mn | 23.1% |
| 23 | Poland | USD 3.2 mn | 0.1% | USD 31 mn | 25.8% |
| 24 | Argentina | USD 2.9 mn | 0.1% | USD 25 mn | 24.0% |
| 25 | Indonesia | USD 2.4 mn | 0.1% | USD 23 mn | 25.2% |
| Rest of world | USD 51 mn | 2.1% | USD 361 mn | 21.6% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- IBM
- IonQ
- Rigetti Computing
- D-Wave Quantum
- Quantinuum
Group 2: Regional and specialist players
- IQM
- Pasqal
- Xanadu
- Alice and Bob
- Oxford Quantum Circuits
- Quantum Computing Inc.
- Infleqtion
- Alpine Quantum Technologies
- Origin Quantum
- Fujitsu
Group 3: Emerging and niche players
- Atom Computing
- QuEra
- Q-CTRL
- Classiq
- Quantum Machines
- Multiverse Computing
- PsiQuantum
- Quantum Brilliance
- Photonic Inc
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the quantum computing market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 24.0% is calculated from the resulting values.
The market is divided by component, by technology, by end use, by application, by qubit scale. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the quantum computing market?
The global quantum computing market is estimated at USD 1.8 bn in 2025 and USD 2.4 bn in 2026.
How fast will the quantum computing market grow?
It is forecast to reach USD 20.9 bn by 2036, a compound annual growth rate of 24.0% from 2026, an increase of USD 18.5 bn.
Which country is the largest market for quantum computing?
United States is the largest market by revenue at USD 972 mn in 2026, 40.0% of the global total. The three largest countries together hold 61.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 27.9% a year from 2026 to 2036.
Which quantum computing segment is largest?
In the by component split, Hardware and systems is the largest segment with 42.0% of 2026 revenue.
Who are the leading quantum computing companies?
Global leaders include IBM, Google, IonQ, Rigetti Computing.
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