Worldwide Quantum Computing Forecast, 2024–2028: Quantum Optimization and the Quest for the Killer Quantum Use Case

Worldwide Quantum Computing Forecast, 2024–2028: Quantum Optimization and the Quest for the Killer Quantum Use Case


This IDC study provides historical data (2020–2023) and forecast data (2024–2028) for the worldwide quantum computing market. These data focus on end user spend in two categories — quantum computing-specific and quantum computing-related — both of which cover the systems, platforms, technologies, and services customers need to use pure quantum computing systems, quantum-inspired computing systems (such as simulators and emulators), and quantum computing technologies that either developed in response to quantum computing or leverage quantum mechanics for something other than quantum computation. For each of these categories, IDC estimated the value of end user spend. In this study, IDC also illustrates the changing trends in quantum computing investments. "The value of quantum computing will only be realized when end users from a variety of industries can leverage the technology to solve real-world problems," says Heather West, PhD, research manager, Quantum Computing, Infrastructure Systems, Platforms, and Technologies Research at IDC. "To accelerate the adoption of quantum computing, quantum hardware vendors need to focus on both the development of scalable, error-corrected hardware, as well as quantum software that makes infrastructure management, resource allocation, and application development easier for non-quantum computing end users."


IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

AI as a Catalyst for Quantum Optimization

Growing Demand for Advanced Computational Solutions

Government and Institutional Support

Inhibitors

High Costs of Development and Implementation

Hype and Unrealistic Vendor Expectations

Significant Market Developments

Changes from Prior Forecast

Market Definition

Quantum Computing Systems

Quantum Computing–Specific Platforms and Technologies

Quantum-Inspired Computing Technologies

Quantum Computing Provisioned Services

Quantum Computing–Related Systems, Platforms, and Technologies

Quantum Computing–Related Services

Quantum Computing–Specific Professional Services

Methodology

Related Research

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