Quantum Computing Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, Services), By Deployment (On-Premise, Cloud-Based), By Application (Machine Learning, Optimization, Biomedical Simulations, Financial Services, Electronic Material Discovery, Others), By End-User (Healthcare, Banking, Financial Services and Insurance (BFSI), Automotive, Researchers, Energy and Utilities, Chemical, Manufacturing, Others), and Regional Forecast, 2021-2028

486.1
Present Value (M$)
2021
3180.9
Forecast Value (M$)
2028
30.8%
CAGR (%)

The quantum computing market size was USD 392.5 million in 2020. The market is projected to grow from USD 486.1 million in 2021 to USD 3,180.9 million in 2028 at a CAGR of 30.8% during the 2021-2028 period.

Main companies

  • IBM Corporation
  • D-Wave Systems Inc.
  • Cambridge Quantum Computing Ltd.
  • Intel Corporation
  • Rigetti & Co
  • Inc.
  • Google LLC
  • Quantica Computacao
  • Zapata Computing
  • XANADU
  • Accenture Plc.