MarketsandMarkets puts the global quantum computing market at roughly $6.5 billion by 2030, a compound annual growth rate of more than 30 percent from 2025. BCC Research is more bullish. Its forecast has the market growing from $1.6 billion in 2025 to $7.3 billion by the end of 2030, at 34.6 percent a year.
The two forecasts differ on the end figure. They agree on the shape: steep growth from a small base.
Hardware passes 1,000 qubits
The clearest sign of progress is scale. IBM has announced processors with more than 1,000 qubits, including its Condor chip. A few years ago, getting stable, controllable qubits into the hundreds counted as a major feat.
Qubit count is not the whole story. Coherence time, error rates and connectivity matter as much, and arguably more. A fault-tolerant, universal quantum computer able to handle truly complex real-world problems is still out of reach, and is likely to stay there beyond 2030.
Who is buying in
Over 75 percent of Fortune 500 companies are exploring or investing in quantum technology, according to a Boston Consulting Group report from late 2024. Finance and automotive firms have set up research teams, signed deals with startups and, in some cases, started building their own infrastructure. The targets are practical: better supply chain optimization, stronger cybersecurity and faster drug discovery.
The supply side is young. One analysis of the startup field in late 2025 found that 95 percent of quantum computing startups are less than 10 years old. IonQ and Quantinuum, now established names, started as ideas not long ago.
The talent shortage
Fewer than 10,000 quantum scientists and engineers work worldwide. Universities are expanding quantum programs, but demand for people who understand quantum mechanics, computer science and engineering at once far exceeds supply.
