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Quantum Computing Market Size, Share and Forecast 2026-2036

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.

USD 2.4 bnMarket size 2026
USD 20.9 bnForecast 2036
24.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeRevenue from quantum computing: sales and cloud access of quantum processors and systems, control hardware, software and development tools, and quantum consulting services.
IndustryTechnology
Value 2025USD 1.8 bn
Value 2026USD 2.4 bn
Value 2036USD 20.9 bn
CAGR 2026-203624.0%
Volume 2026827 installations
Volume 20368,694 installations
Average price 2026USD 2,940,000 per installation
Report priceStarts from USD 1,999
PublishedNovember 2026

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Quantum Computing market size and forecast, 2026-2036

Exhibit 1The global quantum computing market is forecast to grow from USD 2.4 bn in 2026 to USD 20.9 bn by 2036, more than five times its 2026 sizeGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 24.0%
Quantum Computing market value, 2025 to 2036Market value by year. 2025: USD 1.8 bn; 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. Compound annual growth rate 2026 to 2036: 24.0%.20252.4 bn20267.1 bn203120.9 bn203624.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 2.4 bn
2027USD 3.0 bn
2028USD 3.7 bn
2029USD 4.6 bn
2030USD 5.7 bn
2031USD 7.1 bn
2032USD 8.8 bn
2033USD 11.0 bn
2034USD 13.6 bn
2035USD 16.8 bn
2036USD 20.9 bn

Quantum Computing market segmentation

By component

Exhibit 2Hardware and systems is the largest segment by component, with 42.0% of 2026 revenueEstimated share of 2026 global revenue, by component
Quantum Computing market share by component, 2026Share of 2026 revenue by component. Hardware and systems: 42.0%; Cloud access: 30.0%; Software and tools: 14.0%; Services: 14.0%.Hardware and systems42.0%Cloud access30.0%Software and tools14.0%Services14.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hardware and systems42.0%29.4%USD 1.0 bn19.6%
Cloud access30.0%40.0%USD 729 mn27.6%
Software and tools14.0%15.9%USD 340 mn25.6%
Services14.0%14.7%USD 340 mn24.6%

By technology

Exhibit 3Superconducting adds the most revenue by technology, growing from USD 1.0 bn in 2026 to USD 7.3 bn by 2036Estimated revenue in USD by technology, 2026 and 2036 forecast
Quantum Computing market by technology, 2026 and 2036Revenue by technology in 2026 and 2036. Superconducting: USD 1.0 bn in 2026, USD 7.3 bn in 2036, change +618%; Trapped ion: USD 486 mn in 2026, USD 4.8 bn in 2036, change +892%; Neutral atom: USD 340 mn in 2026, USD 4.6 bn in 2036, change +1,255%; Photonic: USD 194 mn in 2026, USD 1.9 bn in 2036, change +892%; Other approaches: USD 146 mn in 2026, USD 1.2 bn in 2036, change +745%; Annealing: USD 243 mn in 2026, USD 966 mn in 2036, change +298%.20262036 forecastChangeSuperconducting+618%1.0 bn7.3 bnTrapped ion+892%486 mn4.8 bnNeutral atom+1,255%340 mn4.6 bnPhotonic+892%194 mn1.9 bnOther approaches+745%146 mn1.2 bnAnnealing+298%243 mn966 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Superconducting42.0%35.1%USD 1.0 bn21.8%
Trapped ion20.0%23.1%USD 486 mn25.8%
Neutral atom14.0%22.1%USD 340 mn29.8%
Photonic8.0%9.2%USD 194 mn25.8%
Annealing10.0%4.6%USD 243 mn14.8%
Other approaches6.0%5.9%USD 146 mn23.8%

By end use

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Government and research36.0%25.3%USD 875 mn19.7%
BFSI14.0%18.8%USD 340 mn27.7%
Pharmaceuticals and chemicals16.0%21.5%USD 389 mn27.7%
Aerospace and automotive12.0%11.7%USD 292 mn23.7%
Energy8.0%7.8%USD 194 mn23.7%
Other industries14.0%14.8%USD 340 mn24.7%

By application

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Optimisation32.0%30.0%USD 778 mn23.2%
Simulation and materials discovery26.0%28.0%USD 632 mn24.9%
Machine learning12.0%16.0%USD 292 mn27.6%
Cryptography and security14.0%14.0%USD 340 mn24.0%
Sensing and other research16.0%12.0%USD 389 mn20.5%

By qubit scale

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Below 100 qubits52.0%22.0%USD 1.3 bn13.8%
100 to 1,000 qubits36.0%40.0%USD 875 mn25.3%
Above 1,000 qubits12.0%38.0%USD 292 mn39.1%

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%.

Exhibit 4United States is the largest country market at USD 972 mn in 2026, and the three largest countries hold 61.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Quantum Computing market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 972 mn, 40.0%; China: USD 292 mn, 12.0%; Japan: USD 219 mn, 9.0%; Germany: USD 194 mn, 8.0%; United Kingdom: USD 146 mn, 6.0%; France: USD 122 mn, 5.0%; Canada: USD 122 mn, 5.0%; South Korea: USD 73 mn, 3.0%; India: USD 73 mn, 3.0%; Australia: USD 61 mn, 2.5%.United States972 mn 40.0%China292 mn 12.0%Japan219 mn 9.0%Germany194 mn 8.0%United Kingdom146 mn 6.0%France122 mn 5.0%Canada122 mn 5.0%South Korea73 mn 3.0%India73 mn 3.0%Australia61 mn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 972 mn40.0%USD 7.6 bn22.8%
2ChinaUSD 292 mn12.0%USD 2.9 bn25.8%
3JapanUSD 219 mn9.0%USD 1.9 bn23.9%
4GermanyUSD 194 mn8.0%USD 1.6 bn23.8%
5United KingdomUSD 146 mn6.0%USD 1.2 bn23.8%
6FranceUSD 122 mn5.0%USD 1.1 bn24.7%
7CanadaUSD 122 mn5.0%USD 1.1 bn24.7%
8South KoreaUSD 73 mn3.0%USD 731 mn25.9%
9IndiaUSD 73 mn3.0%USD 856 mn27.9%
10AustraliaUSD 61 mn2.5%USD 564 mn25.0%
11IsraelUSD 15 mn0.6%USD 134 mn24.4%
12SpainUSD 13 mn0.6%USD 119 mn24.4%
13NetherlandsUSD 12 mn0.5%USD 94 mn23.2%
14SwitzerlandUSD 10 mn0.4%USD 81 mn23.1%
15SingaporeUSD 9.0 mn0.4%USD 79 mn24.3%
16Saudi ArabiaUSD 8.0 mn0.3%USD 79 mn25.8%
17LuxembourgUSD 7.0 mn0.3%USD 56 mn23.1%
18BrazilUSD 6.1 mn0.2%USD 58 mn25.4%
19RussiaUSD 5.3 mn0.2%USD 42 mn22.8%
20TurkeyUSD 4.9 mn0.2%USD 48 mn25.8%
21NorwayUSD 4.1 mn0.2%USD 33 mn23.2%
22SwedenUSD 3.6 mn0.1%USD 29 mn23.1%
23PolandUSD 3.2 mn0.1%USD 31 mn25.8%
24ArgentinaUSD 2.9 mn0.1%USD 25 mn24.0%
25IndonesiaUSD 2.4 mn0.1%USD 23 mn25.2%
Rest of worldUSD 51 mn2.1%USD 361 mn21.6%
Exhibit 5United States and China account for 50% of the USD 18.5 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Quantum Computing market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 2.4 bn. United States: +USD 6.6 bn; China: +USD 2.6 bn; Japan: +USD 1.6 bn; Germany: +USD 1.5 bn; United Kingdom: +USD 1.1 bn; 20 other countries: +USD 4.7 bn; Rest of world: +USD 310 mn. Market value 2036: USD 20.9 bn.Market value 20262.4 bnUnited States+6.6 bnChina+2.6 bnJapan+1.6 bnGermany+1.5 bnUnited Kingdom+1.1 bn20 other countries+4.7 bnRest of world+310 mnMarket value 203620.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • IBM
  • Google
  • 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.

Read the full research methodology

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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