Quantum Technology Market Size, Share, and Trends 2024 to 2034

The global quantum technology market size is calculated at USD 1.62 billion in 2025 and is forecasted to reach around USD 9.65 billion by 2034, accelerating at a CAGR of 22.01% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4470
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Quantum Technology Market 

5.1. COVID-19 Landscape: Quantum Technology Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Quantum Technology Market, By Quantum Computers

8.1. Quantum Technology Market, by Quantum Computers

8.1.1 Superconducting Qubits

8.1.1.1. Market Revenue and Forecast

8.1.2. Trapped Ions

8.1.2.1. Market Revenue and Forecast

8.1.3. Neutral Atoms

8.1.3.1. Market Revenue and Forecast

8.1.4. Photonic Quantum Computing

8.1.4.1. Market Revenue and Forecast

8.1.5. Quantum Dots

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Quantum Technology Market, By Quantum Sensors

9.1. Quantum Technology Market, by Quantum Sensors

9.1.1. Atomic Clocks

9.1.1.1. Market Revenue and Forecast

9.1.2. Quantum Magnetometers

9.1.2.1. Market Revenue and Forecast

9.1.3. Gravitational Sensors

9.1.3.1. Market Revenue and Forecast

9.1.4. Quantum Accelerometers

9.1.4.1. Market Revenue and Forecast

9.1.5. Quantum Imaging Sensors

9.1.5.1. Market Revenue and Forecast

9.1.6. Quantum Gyroscopes

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Quantum Technology Market, By Quantum Communication 

10.1. Quantum Technology Market, by Quantum Communication

10.1.1. Quantum Key Distribution QKD

10.1.1.1. Market Revenue and Forecast

10.1.2. Quantum Teleportation

10.1.2.1. Market Revenue and Forecast

10.1.3. Quantum Repeaters

10.1.3.1. Market Revenue and Forecast

10.1.4. Quantum Internet

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Quantum Technology Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Quantum Computers

11.1.2. Market Revenue and Forecast, by Quantum Sensors

11.1.3. Market Revenue and Forecast, by Quantum Communication

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Quantum Computers

11.1.4.2. Market Revenue and Forecast, by Quantum Sensors

11.1.4.3. Market Revenue and Forecast, by Quantum Communication

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Quantum Computers

11.1.5.2. Market Revenue and Forecast, by Quantum Sensors

11.1.5.3. Market Revenue and Forecast, by Quantum Communication

11.2. Europe

11.2.1. Market Revenue and Forecast, by Quantum Computers

11.2.2. Market Revenue and Forecast, by Quantum Sensors

11.2.3. Market Revenue and Forecast, by Quantum Communication

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Quantum Computers

11.2.4.2. Market Revenue and Forecast, by Quantum Sensors

11.2.4.3. Market Revenue and Forecast, by Quantum Communication

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Quantum Computers

11.2.5.2. Market Revenue and Forecast, by Quantum Sensors

11.2.5.3. Market Revenue and Forecast, by Quantum Communication

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Quantum Computers

11.2.6.2. Market Revenue and Forecast, by Quantum Sensors

11.2.6.3. Market Revenue and Forecast, by Quantum Communication

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Quantum Computers

11.2.7.2. Market Revenue and Forecast, by Quantum Sensors

11.2.7.3. Market Revenue and Forecast, by Quantum Communication

11.3. APAC

11.3.1. Market Revenue and Forecast, by Quantum Computers

11.3.2. Market Revenue and Forecast, by Quantum Sensors

11.3.3. Market Revenue and Forecast, by Quantum Communication

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Quantum Computers

11.3.4.2. Market Revenue and Forecast, by Quantum Sensors

11.3.4.3. Market Revenue and Forecast, by Quantum Communication

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Quantum Computers

11.3.5.2. Market Revenue and Forecast, by Quantum Sensors

11.3.5.3. Market Revenue and Forecast, by Quantum Communication

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Quantum Computers

11.3.6.2. Market Revenue and Forecast, by Quantum Sensors

11.3.6.3. Market Revenue and Forecast, by Quantum Communication

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Quantum Computers

11.3.7.2. Market Revenue and Forecast, by Quantum Sensors

11.3.7.3. Market Revenue and Forecast, by Quantum Communication

11.4. MEA

11.4.1. Market Revenue and Forecast, by Quantum Computers

11.4.2. Market Revenue and Forecast, by Quantum Sensors

11.4.3. Market Revenue and Forecast, by Quantum Communication

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Quantum Computers

11.4.4.2. Market Revenue and Forecast, by Quantum Sensors

11.4.4.3. Market Revenue and Forecast, by Quantum Communication

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Quantum Computers

11.4.5.2. Market Revenue and Forecast, by Quantum Sensors

11.4.5.3. Market Revenue and Forecast, by Quantum Communication

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Quantum Computers

11.4.6.2. Market Revenue and Forecast, by Quantum Sensors

11.4.6.3. Market Revenue and Forecast, by Quantum Communication

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Quantum Computers

11.4.7.2. Market Revenue and Forecast, by Quantum Sensors

11.4.7.3. Market Revenue and Forecast, by Quantum Communication

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Quantum Computers

11.5.2. Market Revenue and Forecast, by Quantum Sensors

11.5.3. Market Revenue and Forecast, by Quantum Communication

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Quantum Computers

11.5.4.2. Market Revenue and Forecast, by Quantum Sensors

11.5.4.3. Market Revenue and Forecast, by Quantum Communication

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Quantum Computers

11.5.5.2. Market Revenue and Forecast, by Quantum Sensors

11.5.5.3. Market Revenue and Forecast, by Quantum Communication

Chapter 12. Company Profiles

12.1. IBM

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Alibaba Group

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. D-Wave Systems

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Toshiba

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. IonQ

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Rigetti Computing

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. QC Ware

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Microsoft

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Xanadu

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Honeywell Quantum Solutions

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global quantum technology market size is expected to increase USD 9.65 billion by 2034 from USD 1.32 billion in 2024.

The quantum technology market is anticipated to grow at a CAGR of over 22.01% between 2025 and 2034.

The major players operating in the quantum technology market are IBM, Alibaba Group, D-Wave Systems, Toshiba, IonQ, Rigetti Computing, QC Ware, Microsoft, Xanadu, Honeywell Quantum Solutions, Zapata Computing, Amazon Web Services, Rigetti Computing, Intel, and Others.

The driving factors of the quantum technology market are the rising demand for exceptional computational powers and increased number of private coaching and online classes.

North America region will lead the global quantum technology market during the forecast period 2025 to 2034.

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