European Quantum Computing Market Forecast, 2021-2025

European Quantum Computing Market Forecast, 2021-2025

This IDC Market Forecast study discusses the European quantum computing forecast for 2021-2025. For details on the definitions of quantum computing, see the Market Definition section as well as IDC's Worldwide Quantum Computing Taxonomy, 2021 (IDC #US47325321, April 2021). This study also includes advice for technology suppliers, analysis of European quantum computing market key trends, key market drivers and inhibitors, and significant market developments."Experimentation with quantum computing in Europe will significantly accelerate over the next few years, driven by continuous technology advancements and the increasing number of end-user organizations that will access quantum computing resources through the cloud. Though the market will still be far from mature even in 2025, it is high time for quantum computing providers to define and implement structured and forward-looking quantum computing strategies in the region," said Stefano Perini, European Quantum Computing Launchpad co-lead at IDC. "There is growing confidence in the market, driven by increasing investments by European governments, quantum computing vendors, and more recently, IT service providers that are forming their in-house expertise to support the uptake of quantum computing technologies," said Francesca Ciarletta, European Quantum Computing Launchpad co-lead at IDC.

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