The global quantum technology market is an emerging industry with the potential to revolutionize computing, cryptography, sensing, imaging, and communications. Billions of dollars have been invested so far, reflecting the massive interest from governments, established tech giants, and venture capitalists.
"The Global Quantum Technology Market 2025-2035" provides an in-depth analysis of the rapidly evolving quantum technology landscape, offering strategic insights into market trends, technological advancements, and growth projections for the period 2025-2035. As quantum technologies transition from research labs to commercial applications, this report serves as an essential guide for investors, policymakers, and industry stakeholders navigating this transformative field.
Report contents include:
- Market Size and Growth Projections: Detailed forecasts for the global quantum technology market, segmented by key sectors including quantum computing, quantum communications, and quantum sensing.
- Technology Analysis: In-depth examination of various quantum technologies, including superconducting qubits, trapped ions, silicon spin qubits, photonic qubits, and emerging approaches like topological quantum computing.
- Application Landscape: Comprehensive overview of quantum technology applications across industries such as pharmaceuticals, finance, cybersecurity, and materials science.
- Competitive Landscape: Analysis of over 265 key players, from tech giants to innovative startups, shaping the quantum technology ecosystem. Companies profiled include Diraq, LQUOM, memQ, Nanofiber Quantum Technologies, Nomad Atomics, Oxford Ionics, PASQAL, Planckian, Polaris Quantum Biotech (POLARISqb), PsiQuantum, Quantum Bridge, Quantum Circuits, Inc., QUANTier, Quantum Brilliance, Quantum Motion, Quantinuum, Quside Technologies S.L., Quobly, Riverlane, SemiQon, Silicon Extreme, Silicon Quantum Computing (SQC) and Sparrow Quantum.
- Investment Trends: Insights into venture capital, corporate investments, and government funding driving the quantum sector's growth.
- Regulatory Environment: Overview of global government initiatives and regulatory frameworks influencing quantum technology development and adoption.
- Quantum Computing: Analysis of hardware (including various qubit technologies), software platforms, and quantum-as-a-service offerings.
- Quantum Communications: Examination of quantum key distribution (QKD) systems, post-quantum cryptography, and the emerging quantum internet.
- Quantum Sensing: Insights into quantum sensors for applications in navigation, medical imaging, and scientific research.
- Materials for Quantum Technology: Overview of critical materials and components enabling quantum devices.
- Quantum technology applications across various sectors:
- Pharmaceuticals and Healthcare: Drug discovery, protein folding simulations
- Finance: Portfolio optimization, risk analysis, fraud detection
- Cybersecurity: Post-quantum cryptography, secure communications
- Materials Science: Quantum chemistry simulations for new materials development
- Logistics and Transportation: Route optimization, traffic flow management
- Long-term market projections to 2035
- Potential disruptive technologies and their impact
- Scenarios for quantum supremacy and its implications across industries
This market report is an indispensable resource for:
- Quantum technology companies and start-ups
- Investors and venture capitalists
- Government agencies and policymakers
- Research institutions and universities
- Technology consultants and analysts
- End-user industries exploring quantum applications
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
- 1.1. First and second quantum revolutions
- 1.2. Current quantum technology market landscape
- 1.3. Investment Landscape
- 1.4. Global government initiatives
- 1.5. Industry developments 2020-2024
- 1.6. Challenges for quantum technologies adoption
2. QUANTUM COMPUTING
- 2.1. What is quantum computing?
- 2.1.1. Operating principle
- 2.1.2. Classical vs quantum computing
- 2.1.3. Quantum computing technology
- 2.1.3.1. Quantum emulators
- 2.1.3.2. Quantum inspired computing
- 2.1.3.3. Quantum annealing computers
- 2.1.3.4. Quantum simulators
- 2.1.3.5. Digital quantum computers
- 2.1.3.6. Continuous variables quantum computers
- 2.1.3.7. Measurement Based Quantum Computing (MBQC)
- 2.1.3.8. Topological quantum computing
- 2.1.3.9. Quantum Accelerator
- 2.1.4. Competition from other technologies
- 2.1.5. Quantum algorithms
- 2.1.5.1. Quantum Software Stack
- 2.1.5.2. Quantum Machine Learning
- 2.1.5.3. Quantum Simulation
- 2.1.5.4. Quantum Optimization
- 2.1.5.5. Quantum Cryptography
- 2.1.5.5.1. Quantum Key Distribution (QKD)
- 2.1.5.5.2. Post-Quantum Cryptography
- 2.1.6. Hardware
- 2.1.6.1. Qubit Technologies
- 2.1.6.1.1. Superconducting Qubits
- 2.1.6.1.1.1. Technology description
- 2.1.6.1.1.2. Materials
- 2.1.6.1.1.3. Market players
- 2.1.6.1.1.4. Swot analysis
- 2.1.6.1.2. Trapped Ion Qubits
- 2.1.6.1.2.1. Technology description
- 2.1.6.1.2.2. Materials
- 2.1.6.1.2.2.1. Integrating optical components
- 2.1.6.1.2.2.2. Incorporating high-quality mirrors and optical cavities
- 2.1.6.1.2.2.3. Engineering the vacuum packaging and encapsulation
- 2.1.6.1.2.2.4. Removal of waste heat
- 2.1.6.1.2.3. Market players
- 2.1.6.1.2.4. Swot analysis
- 2.1.6.1.3. Silicon Spin Qubits
- 2.1.6.1.3.1. Technology description
- 2.1.6.1.3.2. Quantum dots
- 2.1.6.1.3.3. Market players
- 2.1.6.1.3.4. SWOT analysis
- 2.1.6.1.4. Topological Qubits
- 2.1.6.1.4.1. Technology description
- 2.1.6.1.4.1.1. Cryogenic cooling
- 2.1.6.1.4.2. Market players
- 2.1.6.1.4.3. SWOT analysis
- 2.1.6.1.5. Photonic Qubits
- 2.1.6.1.5.1. Technology description
- 2.1.6.1.5.2. Market players
- 2.1.6.1.5.3. Swot analysis
- 2.1.6.1.6. Neutral atom (cold atom) qubits
- 2.1.6.1.6.1. Technology description
- 2.1.6.1.6.2. Market players
- 2.1.6.1.6.3. Swot analysis
- 2.1.6.1.7. Diamond-defect qubits
- 2.1.6.1.7.1. Technology description
- 2.1.6.1.7.2. SWOT analysis
- 2.1.6.1.7.3. Market players
- 2.1.6.1.8. Quantum annealers
- 2.1.6.1.8.1. Technology description
- 2.1.6.1.8.2. SWOT analysis
- 2.1.6.1.8.3. Market players
- 2.1.6.2. Architectural Approaches
- 2.1.7. Software
- 2.1.7.1. Technology description
- 2.1.7.2. Cloud-based services- QCaaS (Quantum Computing as a Service)
- 2.1.7.3. Market players
- 2.2. Market challenges
- 2.3. SWOT analysis
- 2.4. Quantum computing value chain
- 2.5. Markets and applications for quantum computing
- 2.5.1. Pharmaceuticals
- 2.5.1.1. Market overview
- 2.5.1.1.1. Drug discovery
- 2.5.1.1.2. Diagnostics
- 2.5.1.1.3. Molecular simulations
- 2.5.1.1.4. Genomics
- 2.5.1.1.5. Proteins and RNA folding
- 2.5.1.2. Market players
- 2.5.2. Chemicals
- 2.5.2.1. Market overview
- 2.5.2.2. Market players
- 2.5.3. Transportation
- 2.5.3.1. Market overview
- 2.5.3.2. Market players
- 2.5.4. Financial services
- 2.5.4.1. Market overview
- 2.5.4.2. Market players
3. QUANTUM CHEMISTRY AND ARTIFICAL INTELLIGENCE (AI)
- 3.1. Technology description
- 3.2. Applications
- 3.3. SWOT analysis
- 3.4. Market challenges
- 3.5. Market players
4. QUANTUM COMMUNICATIONS
- 4.1. Technology description
- 4.2. Types
- 4.3. Applications
- 4.4. Quantum Random Numbers Generators (QRNG)
- 4.4.1. Overview
- 4.4.2. Applications
- 4.4.2.1. Encryption for Data Centers
- 4.4.2.2. Consumer Electronics
- 4.4.2.3. Automotive/Connected Vehicle
- 4.4.2.4. Gambling and Gaming
- 4.4.2.5. Monte Carlo Simulations
- 4.4.3. Advantages
- 4.4.4. Principle of Operation of Optical QRNG Technology
- 4.4.5. Non-optical approaches to QRNG technology
- 4.4.6. SWOT Analysis
- 4.5. Quantum Key Distribution (QKD)
- 4.5.1. Overview
- 4.5.2. Asymmetric and Symmetric Keys
- 4.5.3. Principle behind QKD
- 4.5.4. Why is QKD More Secure Than Other Key Exchange Mechanisms?
- 4.5.5. Discrete Variable vs. Continuous Variable QKD Protocols
- 4.5.6. Key Players
- 4.5.7. Challenges
- 4.5.8. SWOT Analysis
- 4.6. Post-quantum cryptography (PQC)
- 4.6.1. Overview
- 4.6.2. Security systems integration
- 4.6.3. PQC standardization
- 4.6.4. Transitioning cryptographic systems to PQC
- 4.6.5. Market players
- 4.6.6. SWOT Analysis
- 4.7. Quantum homomorphic cryptography
- 4.8. Quantum Teleportation
- 4.9. Quantum Networks
- 4.9.1. Overview
- 4.9.2. Advantages
- 4.9.3. Role of Trusted Nodes and Trusted Relays
- 4.9.4. Entanglement Swapping and Optical Switches
- 4.9.5. Multiplexing quantum signals with classical channels in the O-band
- 4.9.5.1. Wavelength-division multiplexing (WDM) and time-division multiplexing (TDM)
- 4.9.6. Twin-Field Quantum Key Distribution (TF-QKD)
- 4.9.7. Enabling global-scale quantum communication
- 4.9.8. Advanced optical fibers and interconnects
- 4.9.9. Photodetectors in quantum networks
- 4.9.9.1. Avalanche photodetectors (APDs)
- 4.9.9.2. Single-photon avalanche diodes (SPADs)
- 4.9.9.3. Silicon Photomultipliers (SiPMs)
- 4.9.10. Cryostats
- 4.9.10.1. Cryostat architectures
- 4.9.11. Infrastructure requirements
- 4.9.12. Global activity
- 4.9.12.1. China
- 4.9.12.2. Europe
- 4.9.12.3. The Netherlands
- 4.9.12.4. The United Kingdom
- 4.9.12.5. US
- 4.9.12.6. Japan
- 4.9.13. SWOT analysis
- 4.10. Quantum Memory
- 4.11. Quantum Internet
- 4.12. Market challenges
- 4.13. Market players
5. QUANTUM SENSING
- 5.1. Technology description
- 5.1.1. Quantum Sensing Principles
- 5.1.2. SWOT analysis
- 5.1.3. Atomic Clocks
- 5.1.3.1. High frequency oscillators
- 5.1.3.1.1. Emerging oscillators
- 5.1.3.2. Caesium atoms
- 5.1.3.3. Self-calibration
- 5.1.3.4. Optical atomic clocks
- 5.1.3.4.1. Chip-scale optical clocks
- 5.1.3.5. Companies
- 5.1.3.6. SWOT analysis
- 5.1.4. Quantum Magnetic Field Sensors
- 5.1.4.1. Introduction
- 5.1.4.2. Motivation for use
- 5.1.4.3. Market opportunity
- 5.1.4.4. Superconducting Quantum Interference Devices (Squids)
- 5.1.4.4.1. Applications
- 5.1.4.4.2. Key players
- 5.1.4.4.3. SWOT analysis
- 5.1.4.5. Optically Pumped Magnetometers (OPMs)
- 5.1.4.5.1. Applications
- 5.1.4.5.2. Key players
- 5.1.4.5.3. SWOT analysis
- 5.1.4.6. Tunneling Magneto Resistance Sensors (TMRs)
- 5.1.4.6.1. Applications
- 5.1.4.6.2. Key players
- 5.1.4.6.3. SWOT analysis
- 5.1.4.7. Nitrogen Vacancy Centers (N-V Centers)
- 5.1.4.7.1. Applications
- 5.1.4.7.2. Key players
- 5.1.4.7.3. SWOT analysis
- 5.1.5. Quantum Gravimeters
- 5.1.5.1. Technology description
- 5.1.5.2. Applications
- 5.1.5.3. Key players
- 5.1.5.4. SWOT analysis
- 5.1.6. Quantum Gyroscopes
- 5.1.6.1. Technology description
- 5.1.6.1.1. Inertial Measurement Units (IMUs)
- 5.1.6.1.2. Atomic quantum gyroscopes
- 5.1.6.2. Applications
- 5.1.6.3. Key players
- 5.1.6.4. SWOT analysis
- 5.1.7. Quantum Image Sensors
- 5.1.7.1. Technology description
- 5.1.7.2. Applications
- 5.1.7.3. SWOT analysis
- 5.1.7.4. Key players
- 5.1.8. Quantum Radar
- 5.1.8.1. Technology description
- 5.1.8.2. Applications
- 5.1.9. Quantum chemical sensors
- 5.1.10. Quantum NEM and MEMs
- 5.1.10.1. Technology description
- 5.2. Market and technology challenges
6. QUANTUM BATTERIES
- 6.1. Technology description
- 6.2. Types
- 6.3. Applications
- 6.4. SWOT analysis
- 6.5. Market challenges
- 6.6. Market players
7. MATERIALS FOR QUANTUM TECHNOLOGY
- 7.1. Superconductors
- 7.1.1. Overview
- 7.1.2. Types and Properties
- 7.1.3. Opportunities
- 7.2. Photonics, Silicon Photonics and Optical Components
- 7.2.1. Overview
- 7.2.2. Types and Properties
- 7.2.3. Opportunities
- 7.3. Nanomaterials
- 7.3.1. Overview
- 7.3.2. Types and Properties
- 7.3.3. Opportunities
8. MARKET ANALYSIS
- 8.1. Market map
- 8.2. Key industry players
- 8.2.1. Start-ups
- 8.2.2. Tech Giants
- 8.2.3. National Initiatives
- 8.3. Investment funding
- 8.3.1. Venture Capital
- 8.3.2. M&A
- 8.3.3. Corporate Investment
- 8.3.4. Government Funding
- 8.4. Global market revenues 2018-2035
- 8.4.1. Quantum computing
- 8.4.2. Other segments
- 8.4.2.1. Quantum sensors
- 8.4.2.2. QKD systems
9. COMPANY PROFILES
- 9.1. A* Quantum
- 9.2. AbaQus
- 9.3. Absolut System
- 9.4. Adaptive Finance Technologies
- 9.5. Aegiq
- 9.6. Agnostiq GmbH
- 9.7. Algorithmiq Oy
- 9.8. Airbus
- 9.9. Alea Quantum
- 9.10. Alpine Quantum Technologies GmbH (AQT)
- 9.11. Alice&Bob
- 9.12. Aliro Quantum
- 9.13. Anametric, Inc
- 9.14. Anyon Systems Inc
- 9.15. Aqarios GmbH
- 9.16. Aquark Technologies
- 9.17. Archer Materials
- 9.18. Arclight Quantum
- 9.19. Arqit Quantum Inc
- 9.20. ARQUE Systems GmbH
- 9.21. Artificial Brain
- 9.22. Atlantic Quantum
- 9.23. Atom Computing
- 9.24. Atom Quantum Labs
- 9.25. Atomionics
- 9.26. Atos Quantum
- 9.27. Baidu, Inc
- 9.28. BEIT
- 9.29. Bleximo
- 9.30. BlueQubit
- 9.31. Bohr Quantum Technology
- 9.32. Bosch Quantum Sensing
- 9.33. BosonQ Ps
- 9.34. C12 Quantum Electronics
- 9.35. Cambridge Quantum Computing (CQC)
- 9.36. CAS Cold Atom
- 9.37. CEW Systems Canada Inc
- 9.38. Chipiron
- 9.39. Chiral Nano AG
- 9.40. ColibriTD
- 9.41. Classiq Technologies
- 9.42. Crypta Labs Ltd
- 9.43. CryptoNext Security
- 9.44. Crystal Quantum Computing
- 9.45. D-Wave Systems
- 9.46. Dirac
- 9.47. Diraq
- 9.48. Delft Circuits
- 9.49. Delta g
- 9.50. Duality Quantum Photonics
- 9.51. EeroQ
- 9.52. eleQtron
- 9.53. Element Six
- 9.54. Elyah
- 9.55. Entropica Labs
- 9.56. Equal1.labs
- 9.57. EvolutionQ
- 9.58. Exail Quantum Sensors
- 9.59. EYL
- 9.60. First Quantum, Inc
- 9.61. Fujitsu
- 9.62. Genesis Quantum Technology
- 9.63. Good Chemistry
- 9.64. Google Quantum AI
- 9.65. Haiqu
- 9.66. Hefei Wanzheng Quantum Technology Co., Ltd
- 9.67. High Q Technologies Inc
- 9.68. Horizon Quantum Computing
- 9.69. HQS Quantum Simulations
- 9.70. HRL
- 9.71. Huayi Quantum
- 9.72. IBM
- 9.73. Icarus Quantum
- 9.74. Icosa Computing
- 9.75. ID Quantique
- 9.76. InfinityQ
- 9.77. Infineon Technologies AG
- 9.78. Infleqtion
- 9.79. Intel
- 9.80. IonQ
- 9.81. ISARA Corporation
- 9.82. IQM Quantum Computers
- 9.83. JiJ
- 9.84. JoS QUANTUM GmbH
- 9.85. KEEQuant GmbH
- 9.86. KETS Quantum Security
- 9.87. Ki3 Photonics
- 9.88. Kipu Quantum
- 9.89. Kiutra GmbH
- 9.90. Kuano Limited
- 9.91. Kvantify
- 9.92. levelQuantum
- 9.93. Ligentec
- 9.94. LQUOM
- 9.95. Lux Quanta
- 9.96. M Squared Lasers
- 9.97. Materials Nexus
- 9.98. Maybell Quantum Industries
- 9.99. memQ
- 9.100. Menlo Systems GmbH
- 9.101. Menten AI
- 9.102. Microsoft
- 9.103. Miraex
- 9.104. Molecular Quantum Solutions
- 9.105. Montana Instruments
- 9.106. Multiverse Computing
- 9.107. Mycryofirm
- 9.108. Nanofiber Quantum Technologies
- 9.109. NEC Corporation
- 9.110. Next Generation Quantum
- 9.111. Nomad Atomics
- 9.112. Nord Quantique
- 9.113. Nordic Quantum Computing Group AS
- 9.114. NTT
- 9.115. Nu Quantum
- 9.116. NVision
- 9.117. 1Qbit
- 9.118. ORCA Computing
- 9.119. Orange Quantum Systems
- 9.120. Origin Quantum Computing Technology
- 9.121. Oxford Ionics
- 9.122. Oxford Quantum Circuits (OQC)
- 9.123. PacketLight Networks
- 9.124. ParityQC
- 9.125. Pasqal
- 9.126. Peptone
- 9.127. Phasecraft
- 9.128. Photonic, Inc
- 9.129. Pixel Photonics
- 9.130. Planqc GmbH
- 9.131. Planckian
- 9.132. Plassys
- 9.133. Polaris Quantum Biotech (POLARISqb)
- 9.134. Post Quantum
- 9.135. PQSecure
- 9.136. PQShield
- 9.137. ProteinQure
- 9.138. PsiQuantum
- 9.139. Q.ANT
- 9.140. Q* Bird
- 9.141. Qaisec
- 9.142. Qasky (Anhui Wentian Quantum Technology)
- 9.143. QBoson
- 9.144. Qblox
- 9.145. qBraid
- 9.146. Q-CTRL
- 9.147. QC Design
- 9.148. QC Ware
- 9.149. QC82
- 9.150. Quantum Diamond Technologies Inc. (QDTI)
- 9.151. QEDMA
- 9.152. Qilimanjaro Quantum Tech
- 9.153. Qindom
- 9.154. QLM Technology
- 9.155. QMware
- 9.156. Qnami
- 9.157. QphoX
- 9.158. Qrate Quantum Communications
- 9.159. Qpurpose
- 9.160. Quantum Resistant Cryptography (QRC)
- 9.161. Qruise
- 9.162. QSIMPLUS
- 9.163. QSimulate
- 9.164. QTI s.r.l
- 9.165. Quandela
- 9.166. Quanscient Oy
- 9.167. Quantagonia
- 9.168. QuantaMap
- 9.169. QuantCAD LLC
- 9.170. QuantiCor Security GmbH
- 9.171. Qunasys
- 9.172. QUANTier
- 9.173. Quantinuum
- 9.174. QuantrolOx
- 9.175. Quantropi
- 9.176. Quantum Benchmark
- 9.177. Quantum Bridge Technologies
- 9.178. Quantum Brilliance
- 9.179. Quantum Computing Inc
- 9.180. Quantum Circuits Inc
- 9.181. QuantumCTek
- 9.182. Quantum Diamond Technologies, Inc
- 9.183. QuantumDiamonds GmbH
- 9.184. Quantum Dice
- 9.185. Quantum Flytrap
- 9.186. Quantum Generative Materials LLC
- 9.187. Quantum Machines
- 9.188. Quantum Mads
- 9.189. Quantum Motion Technology
- 9.190. Quantum Optics Jena GmbH
- 9.191. Quantum Source
- 9.192. Quantum South
- 9.193. Quantum Systems
- 9.194. Quantum Transistors
- 9.195. Quantum Xchange
- 9.196. QuantrolOx
- 9.197. QuantX
- 9.198. Qubitekk
- 9.199. Qubit Pharmaceuticals
- 9.200. Qubrid LLC
- 9.201. QUDOOR
- 9.202. QUDORA Technologies
- 9.203. QuEL, Inc
- 9.204. QuEra Computing
- 9.205. Quintessence Labs
- 9.206. QuantGates
- 9.207. QuantWare
- 9.208. Quobly
- 9.209. Quoherent
- 9.210. QuiX Quantum
- 9.211. QunaSys
- 9.212. QNu Labs
- 9.213. QuantLR
- 9.214. QuantWare
- 9.215. Qunova Computing
- 9.216. Qunnect
- 9.217. QuSecure
- 9.218. Quside Technologies S.L
- 9.219. Qutronix
- 9.220. Randaemon
- 9.221. Resquant
- 9.222. Rigetti Computing
- 9.223. Riverlane
- 9.224. Rotonium
- 9.225. Safran
- 9.226. Sandbox AQ
- 9.227. SaxonQ
- 9.228. SBQuantum
- 9.229. SCALINQ
- 9.230. SDT, Inc
- 9.231. Seeqc
- 9.232. Senko Advance Components Ltd
- 9.233. SemiQon Technologies Oy
- 9.234. SemiWise
- 9.235. Silent Waves
- 9.236. Silicon Extreme
- 9.237. Silicon Quantum Computing
- 9.238. Solid State AI
- 9.239. softwareQ
- 9.240. Sparrow Quantum ApS
- 9.241. SpeQtral
- 9.242. SpinQ Technology
- 9.243. Stafford Computing
- 9.244. Strangeworks, Inc
- 9.245. Supracon AG
- 9.246. sureCore Ltd
- 9.247. Synergy Quantum SA
- 9.248. Terra Quantum
- 9.249. ThinkQuantum
- 9.250. t0.technology
- 9.251. Tokyo Quantum Computing
- 9.252. Toshiba Digital Solutions
- 9.253. TuringQ
- 9.254. Universal Quantum
- 9.255. Vapor Cell Technologies
- 9.256. VeriQloud
- 9.257. Vexlum Oy
- 9.258. Viqthor
- 9.259. Wave Photonics
- 9.260. Welinq
- 9.261. Xanadu
- 9.262. XeedQ GmbH
- 9.263. Xofia
- 9.264. XT Quantech
- 9.265. Zapata Computing
- 9.266. Zhongwei Daxin Technology
10. RESEARCH METHODOLOGY
11. TERMS AND DEFINITIONS
12. REFERENCES