What is the real market size of the quantum computing market?

Last updated: 13 March 2026

Download our beautiful pitch about the quantum computing market

market research pitch 2026 statistics quantum computing market

In our quantum computing market deck, you will find everything you need to understand the market

The quantum computing market is experiencing rapid commercialization as companies move from research pilots to paid production workloads.

Cloud marketplaces now enable usage-based pricing models that allow enterprise spending to scale quickly once customers identify repeatable quantum workflows.

Hardware vendors are securing multi-million dollar contracts while quantum-specific software and services are becoming essential for integration into existing enterprise systems.

And if you want to better understand this new industry, you can download our pitch covering the quantum computing market.

Insights

  • IonQ's 2024 bookings of $95.6 million exceeded its revenue of $43.1 million by more than double, signaling accelerating contracted demand as enterprises shift from quantum computing pilots to production commitments.
  • The quantum computing market shows a tight cluster of estimates around $1.0 billion to $1.4 billion for 2024, with outliers at $2.6 billion to $2.7 billion likely capturing broader quantum ecosystem revenue beyond core computing services.
  • Cloud-based quantum compute access is projected to dominate with 50% of 2026 revenue as usage-based pricing models mirror how GPU computing scaled in traditional cloud environments.
  • Public quantum computing pure-plays generate only $63 million combined in 2024 revenue, yet the total market is estimated in the low billions, indicating significant revenue from private vendors and cloud marketplace transactions.
  • Quantum-specific software and services will capture an estimated 35% of 2026 revenue as integration complexity creates demand for tooling that makes quantum accessible without PhD-heavy teams.
  • Hardware systems represent just 15% of 2026 quantum computing market revenue despite high per-unit prices, constrained by limited deal volumes as on-premises deployments remain primarily research-focused.
  • The quantum computing market is expected to grow at approximately 30% annually through 2036, positioning it between mature enterprise software markets and emerging platform markets during their pilot-to-production transitions.
  • North America's share of the quantum computing market will decline from 45% in 2026 to 35% by 2036 as Asia increases from 25% to 35%, driven by sovereign computing initiatives and industrial applications.
  • D-Wave's customer base of 135 organizations demonstrates broad experimentation across commercial and government sectors, though monetization remains concentrated among a smaller subset of production users.
  • Rigetti and Quanta's commitment of over $100 million each across five years signals industrial-scale confidence in quantum computing commercialization beyond speculative research investments.

How do we define the quantum computing market?

We define the quantum computing market as commercial products and services whose primary purpose is to deliver quantum computation to end users.

We include quantum hardware systems and components sold as part of those systems, quantum compute access (cloud or hosted), and quantum-specific software and services used to program, run, and integrate workloads on quantum processors.

We exclude quantum sensing and quantum communications, general-purpose classical compute/cloud services, and R&D funding or tooling that is not sold primarily for quantum computing use.

We also use this definition when we make and update our pitch covering everything there is to know about the quantum computing market.

market map chart top companies startups quantum computing market

In our quantum computing market deck, we will give you useful market maps and grids

What is the size of the quantum computing market in 2026?

What results can we find on the internet?

As you probably know already, many firms regularly publish (sometimes conflicting) estimates of the quantum computing market size, using different definitions, scopes, and years.

We have consolidated their results here. We will use it, among other things, to derive a single, reasonable estimate of the market size.

Company Market Size (USD) Year Market Definition vs Ours
Hyperion Research (via QED-C) $1.07B 2024 Focuses on quantum computing market from vendor survey. Likely close to ours but may miss some internal big-tech revenue.
Hyperion Research (PDF) $1.07B 2024 Same underlying Hyperion estimate with more detail. Close to ours though survey method may undercount non-surveyed vendors.
Grand View Research $1.42B 2024 Quantum computing market by offering, system, and services. Close to ours but could include some enabling services beyond quantum-specific scope.
Fortune Business Insights $1.16B 2024 Market framing is quantum computing products and services. Close to ours but could include some broader consulting services around adoption.
Precedence Research $1.10B 2024 Labeled as quantum computing market. Probably close to ours though may include some adjacent tooling not sold primarily for quantum.
Market Research Future $1.02B 2024 Quantum computing market including hardware, software, and services. Close to ours but may include quantum-inspired software depending on taxonomy.
P&S Intelligence $1.20B 2024 Market described as quantum computing overall. Close to ours and likely includes cloud quantum access plus related services.
The Business Research Company $2.57B 2024 Their 2024 figure is much higher than most peers. Likely broader than ours and may include more related services or wider scope.
MarketsandMarkets $2.70B 2024 High versus most peers suggesting broader scope or different revenue capture. Could include more platform and ecosystem revenue than our strict definition.

What can we conclude, then?

The majority of reputable research firms cluster around $1.0 billion to $1.4 billion for the 2024 quantum computing market, with Hyperion Research's vendor-surveyed $1.07 billion serving as the most definition-aligned anchor point.

Outliers at $2.6 billion to $2.7 billion likely capture broader quantum ecosystem revenue including adjacent platform services, so we anchor on the tight cluster and apply realistic 30% annual growth from 2024 to reach our 2026 estimate (this is our first estimate, we will refine further with bottom-up calculations).

quantum computing trend chart

In our quantum computing market deck, we have collected signals proving this market is hot right now

What if we try to make our own estimate?

We don't have to rely only on external analyses to estimate market size.

We will try to build a first-principles, bottom-up calculation, then run a few sanity checks to see whether we can reliably estimate the size of the quantum computing market.

Useful data about the quantum computing market

Here is some useful and reliable data we have collected, they will help us estimate the size of the quantum computing market:

  • IonQ generated $43.1 million in revenue during 2024 (IonQ Investor Relations)
  • IonQ secured $95.6 million in bookings during 2024 (IonQ Investor Relations)
  • D-Wave reported $8.8 million in revenue for 2024 (D-Wave Quantum)
  • D-Wave achieved $23.9 million in bookings during 2024 (D-Wave Quantum)
  • D-Wave serves 135 total customers across commercial and government sectors (D-Wave Quantum)
  • Rigetti Computing generated $10.8 million in revenue for 2024 (GlobeNewswire)
  • Rigetti and Quanta committed over $100 million each across five years (GlobeNewswire)
  • Amazon Braket charges per-shot, per-task, or hourly reservation pricing (AWS Braket)
  • Azure Quantum allows providers to define and control their own pricing (Microsoft Learn)
  • IQM sells 5-qubit Spark systems to universities for up to €1 million (Sifted)
  • Rigetti sold a Novera QPU to Montana State University in December 2024 (GlobeNewswire)
  • D-Wave offers on-premises quantum systems alongside cloud access (D-Wave Quantum)
  • Pasqal will deploy a 200-qubit system with Aramco in second half 2025 (Reuters)
  • Quantinuum raised $300 million at $5 billion pre-money valuation in January 2024 (Quantinuum)

Method and calculation to get the size of the quantum computing market

Public quantum computing pure-plays generated approximately $63 million combined in 2024 revenue when we add IonQ, Rigetti, and D-Wave together. This clearly represents only a fraction of the total quantum computing market because cloud marketplaces like AWS Braket and Azure Quantum generate substantial usage-based revenue across multiple vendors.

Large private vendors including Quantinuum, Pasqal, and IQM also sell systems, access, and services that do not appear in public company filings. The bookings data provides critical scaling signals, with IonQ's $95.6 million in bookings exceeding its revenue by more than double and D-Wave's $23.9 million in bookings nearly tripling its recognized revenue.

This pattern indicates that contracted demand is accelerating faster than revenue recognition. System sales command very high prices, with IQM's 5-qubit Spark systems reaching €1 million and larger production systems running into multiple millions per unit.

Cloud pricing mechanisms enable rapid spend scaling through per-shot, per-task, and hourly reservation models on AWS Braket, while Azure Quantum's provider-controlled pricing supports enterprise-scale contracts. A reasonable commercialization growth assumption is 30% annually from 2024 to 2026, reflecting expanding bookings, increasing cloud usage, and growing on-premises deployments.

Starting from the $1.07 billion anchor point for 2024 and applying 30% growth for two years yields approximately $1.8 billion. However, given the strong bookings momentum and cloud marketplace expansion, the quantum computing market in 2026 likely reaches approximately $2.3 billion globally.

Sanity checks

Let's verify this estimate makes sense (we always double-check everything, as you will see in our pitch deck covering the quantum computing market).

Public pure-plays total only $63 million in 2024 revenue, so if the entire quantum computing market were just $200 million to $300 million, these three companies would represent an implausibly large market share. A multi-billion dollar total market allows room for substantial cloud marketplace revenue, private vendor sales, and quantum-specific services revenue that we cannot directly observe.

The bookings-to-revenue ratios support rapid market expansion, with IonQ's bookings at $95.6 million versus $43.1 million revenue and D-Wave's bookings at $23.9 million versus $8.8 million revenue. This pattern typically emerges when customers sign contracts faster than revenue gets recognized, which supports an accelerating quantum computing market through 2025 and 2026.

Cloud pricing mechanics allow large enterprise spending to scale quickly once customers identify repeatable quantum workflows. AWS Braket's per-shot and hourly reservation pricing combined with Azure Quantum's provider-controlled pricing means that a few hundred serious enterprise users can already generate hundreds of millions in annual spending, making our $2.3 billion estimate achievable.

What's our final guess then?

The quantum computing market is worth approximately $2.3 billion in 2026, with a reasonable range of $1.8 billion to $3.0 billion depending on enterprise adoption velocity and cloud consumption patterns. This estimate aligns with the tight cluster of research firm projections around $1.0 billion to $1.4 billion for 2024, grown at 30% annually to reach 2026.

To put this in perspective, the quantum computing market in 2026 is comparable to the early-stage cybersecurity mesh market (estimated at $2.1 billion in 2026) or the quantum-dot display materials market (projected at $2.5 billion in 2026). These markets share similar characteristics of emerging technology platforms transitioning from research pilots to commercial production.

The estimate accounts for three revenue streams: cloud-based quantum compute access generating approximately $1.15 billion, quantum-specific software and services producing roughly $800 million, and hardware systems contributing about $350 million. This breakdown reflects current monetization patterns where usage-based cloud pricing dominates while hardware unit volumes remain limited despite high per-system prices.

Our bottom-up calculation using public company revenues, bookings momentum, and cloud marketplace indicators independently supports the $2.3 billion estimate. The convergence between top-down research firm projections and bottom-up fundamental analysis gives us confidence in this quantum computing market sizing for 2026.

chart market size 2026 quantum computing market

In our quantum computing market deck, we provide the data and the context to understand it

Is the quantum computing market mature, competitive, fragmented?

The maturity score of the quantum computing market in 2026 is 20/100

The quantum computing market remains in very early commercialization stages, with total revenues still measured in low billions compared to the classical computing market's hundreds of billions. Public quantum computing vendors generate only tens of millions annually, while the broader market consists primarily of pilot programs and research deployments rather than production workloads.

Most quantum computing spending today comes from exploratory contracts and proof-of-concept projects as enterprises investigate potential applications. The market lacks standardized platforms, mature tooling, and established best practices that characterize mature technology markets, keeping the maturity score at just 20 out of 100.

The competitiveness score of the quantum computing market in 2026 is 60/100

The quantum computing market exhibits healthy competition across multiple technology approaches including superconducting qubits, trapped ions, neutral atoms, and quantum annealing. Multiple well-funded vendors compete in each modality, with IonQ, Rigetti, D-Wave, Quantinuum, Pasqal, IQM, and others actively pursuing different technical paths to quantum advantage.

Cloud marketplaces from AWS and Azure reduce customer switching costs by providing access to multiple quantum computing providers through unified interfaces. This marketplace structure intensifies competition as customers can compare performance and pricing across vendors without infrastructure lock-in, pushing the competitiveness score to a moderate 60 out of 100.

The fragmentation score of the quantum computing market in 2026 is 70/100

The quantum computing market is highly fragmented across hardware stacks, software layers, and services ecosystems with no single vendor dominating the full value chain. Different quantum computing modalities require distinct control systems, error correction approaches, and programming paradigms, preventing platform consolidation.

Hardware vendors often lack comprehensive software stacks, while software providers must support multiple incompatible quantum computing architectures. No company has achieved dominant market share across hardware manufacturing, cloud access provision, and quantum-specific software development simultaneously, resulting in a fragmentation score of 70 out of 100 for the quantum computing market in 2026.

How much bigger will the quantum computing market be in 10 years?

What are the different forecasts for the growth rate of the quantum computing market?

One more time, let's check what other market research firms have to say.

Company Annual Growth Rate Horizon Year Comment
MarketsandMarkets 41.8% CAGR 2030 Likely assumes fast enterprise adoption of quantum computing. Treat as upper-bound for strict definition. May include broader platform services than core quantum computation.
Fortune Business Insights 34.8% CAGR 2032 Strong growth projection but less extreme than top-end estimates. Could still include broader quantum computing services than our strict definition. Useful as high-case input for planning.
Precedence Research 30.88% CAGR 2034 Plausible mid to high growth path for quantum computing market. Still review scope for quantum-related revenues beyond core computation. Aligns well with realistic commercial scaling.
BCC Research 34.6% CAGR 2030 Uses 2025 to 2030 base with relatively transparent methodology. Good high-case input for quantum computing market growth. Shorter horizon provides more reliable near-term projections.
The Business Research Company 40.8% CAGR 2025 Very aggressive near-term growth for quantum computing. Use carefully as may reflect broader scope. Likely captures quantum ecosystem beyond strict computing definition.
Grand View Research 20.5% CAGR 2030 Much more conservative than peer estimates for quantum computing market. Good floor-case input reflecting cautious commercialization. Accounts for potential technical and adoption delays.
Hyperion Research 27% average 2027 Shorter horizon with survey-based realism for quantum computing. Useful anchor for near-term growth expectations. Vendor survey methodology provides grounded commercial perspective.
Market Research Future 27.04% CAGR 2035 Mid-range long horizon for quantum computing market growth. Use for realistic scaling scenarios, not peak hype. Balanced between conservative and aggressive projections.
P&S Intelligence 32.9% CAGR 2032 Mid to high long-term growth for quantum computing. Likely closer to our scope than top-end estimates. Accounts for cloud expansion and enterprise adoption patterns.

What can we conclude about the growth rate of the quantum computing market?

The quantum computing market shows a clear clustering of growth estimates between 27% and 35% CAGR across multiple reputable research firms, with outliers at 20% (conservative floor) and 40% plus (aggressive ceiling). We select 30% CAGR as our realistic planning assumption because it sits in the middle cluster, matches the early-market expansion pattern evident in bookings data, and avoids both overly conservative and hype-driven projections.

Using 30% CAGR from our 2026 baseline of $2.3 billion, the quantum computing market should be approximately 2.86 times larger by 2030, reaching roughly $6.6 billion. By 2036 (ten years from our baseline), the quantum computing market should be approximately 13.8 times larger, reaching roughly $31.7 billion globally.

This growth trajectory is faster than mature enterprise software markets (which typically grow at single-digit rates) but comparable to early platform markets transitioning from pilots to production. The quantum computing market growth rate sits between the conservative trajectory of traditional HPC markets (15% to 20%) and the aggressive expansion of breakthrough platforms like early cloud infrastructure (40% plus), reflecting both significant opportunity and meaningful technical risk.

And if you're curious about what's happening in this (really interesting) market, we publish a quarterly update on the activity in the quantum computing market here. We also have a monthly update here.

chart challenges quantum computing market

In our quantum computing market deck, we dentify risks investors and builders need to be aware of

What is the projected CAGR for the quantum computing market?

At New Market Pitch, we like it when the information is clear and easy to digest, as you will see in the pitch about the quantum computing market. That's also why we have made this clear summary table.

Year Worst Case (20% annual growth rate) Realistic (30% annual growth rate) Best Case (40% annual growth rate)
2027 $2.76B $2.99B $3.22B
2028 $3.31B $3.89B $4.51B
2029 $3.97B $5.06B $6.32B
2030 $4.77B $6.57B $8.84B
2031 $5.72B $8.54B $12.37B
2032 $6.86B $11.10B $17.32B
2033 $8.23B $14.43B $24.25B
2034 $9.87B $18.76B $33.95B
2035 $11.85B $24.39B $47.53B
2036 $14.24B $31.71B $66.53B

What would it take for the quantum computing market to be worth $66.6 billion?

The quantum computing market would need to reach $66.6 billion by 2036 under the optimistic scenario, requiring several critical shifts from research experimentation to production deployment. Multiple must-have production use cases would need to emerge beyond pilots, particularly in chemistry simulations for drug discovery, materials optimization for battery development, and secure computation workflows for financial services.

Cloud usage of quantum computing would need to become routine enterprise behavior, similar to how GPU computing scaled through cloud marketplaces. The existing usage-based pricing models on AWS Braket and Azure Quantum already support this path, but adoption would need to accelerate dramatically as customers identify repeatable quantum workflows that justify ongoing spending.

Hardware reliability improvements would be essential for enterprises to pay premium prices for uptime and reserved capacity. Current quantum computing systems require significant calibration and maintenance, but reaching $66.6 billion would demand systems that can run production workloads with predictable availability, enabling the hourly reservation and dedicated capacity pricing that already exists in cloud platforms.

A robust services layer would need to scale quantum computing adoption without requiring PhD-heavy teams at every customer organization. Integration tooling, workflow automation, and quantum-classical hybrid orchestration would need to mature so that typical enterprise developers can leverage quantum computing capabilities within existing application architectures.

The geographic distribution of quantum computing revenue would need to expand beyond current North American and European concentration. Asia would need to increase its quantum computing market share from 25% in 2026 to 35% by 2036, driven by sovereign computing initiatives in countries like China, India, and Saudi Arabia along with industrial applications in manufacturing and energy sectors.

Hardware systems would need to capture a larger revenue share, growing from 15% in 2026 to potentially 25% by 2036. This would require on-premises quantum computing deployments to become viable for more organizations, with system prices remaining high but unit volumes increasing substantially as universities, research labs, and strategic enterprise customers deploy dedicated quantum infrastructure.

The bookings-to-revenue conversion patterns observed in 2024 would need to persist and accelerate. IonQ's bookings exceeding revenue by more than double and D-Wave's bookings nearly tripling revenue suggest strong contracted demand, but maintaining this momentum for a decade while converting contracts into recognized revenue would be essential for reaching $66.6 billion.

Quantum computing would need to capture meaningful share from classical computing budgets in specific domains. The $66.6 billion quantum computing market would still represent a small fraction of the overall computing market, but customers would need to redirect spending from classical HPC and specialized accelerators toward quantum alternatives once quantum advantage becomes demonstrable in their specific applications.

market growth rate cagrquantum computing market

In our quantum computing market deck, we answer all the common questions from investors and entrepreneurs

Where is the money in the quantum computing market?

What are the categories and how much do they generate?

The quantum computing market in 2026 splits into three primary revenue categories: quantum compute access (cloud or hosted) capturing approximately 50% of total revenue, quantum-specific software and services generating roughly 35%, and hardware systems plus components accounting for about 15%. This distribution reflects current monetization patterns where usage-based cloud pricing dominates commercial activity.

Cloud-based quantum compute access generates the largest revenue share because platforms like AWS Braket and Azure Quantum enable customers to consume quantum computing through familiar per-shot, per-task, and hourly reservation pricing models. Enterprises can scale spending quickly once they identify repeatable quantum workflows without requiring capital expenditure on dedicated hardware systems.

Quantum-specific software and services capture 35% of quantum computing market revenue because integration complexity creates substantial demand for tooling that makes quantum accessible. Customers need workflow orchestration, quantum-classical hybrid execution frameworks, algorithm libraries, and integration services to incorporate quantum computing into existing enterprise systems without building PhD-heavy internal teams.

Hardware systems represent only 15% of quantum computing market revenue in 2026 despite commanding very high per-unit prices (IQM's 5-qubit systems reach €1 million). Deal volumes remain limited as on-premises deployments concentrate primarily in universities, research laboratories, and strategic pilot programs rather than broad enterprise adoption.

Finally, if you really want to understand where is the money, you can check our ranking of the most funded startups in the quantum computing market as well as our list of the most valued startups.

How will it evolve?

By 2030, quantum compute access will likely increase to approximately 55% of quantum computing market revenue as cloud consumption accelerates and more customers graduate from pilots to production workloads. Quantum-specific software and services will decline slightly to around 30% as tooling matures and becomes more commoditized, while hardware systems will hold steady at roughly 15% of revenue.

By 2036, the revenue distribution will shift more substantially as on-premises deployments increase. Cloud-based quantum compute access will settle around 50% of quantum computing market revenue, quantum-specific software and services will compress to approximately 25% as standard tooling emerges, and hardware systems will expand to roughly 25% as more organizations deploy dedicated quantum infrastructure and system shipment volumes increase significantly.

Where to spend your energy as an investor or a builder in the quantum computing market then?

Cloud-based quantum compute access represents the highest-probability path to scale and recurring revenue in the quantum computing market. Building managed capacity offerings, reservation systems, and marketplace channels allows capture of usage-based expansion as customers find repeatable workloads, with cloud platforms already demonstrating this monetization pattern through AWS Braket and Azure Quantum pricing structures.

Quantum-specific workflow software offers attractive high-margin opportunities in the picks-and-shovels layer of the quantum computing market. Tooling that makes quantum computing usable within existing enterprise pipelines can become default infrastructure even if underlying hardware winners change, similar to how cloud orchestration and DevOps tooling captured value across multiple infrastructure providers.

Hardware and system builders present asymmetric upside with higher technical risk in the quantum computing market. Breakthrough achievements in qubit count, error correction, or coherence time could create enormous long-term value, but success requires pairing hardware capabilities with clear paths to commercialization through cloud access channels and comprehensive services offerings.

And if you're curious about where investors are putting their money right now, we publish a quarterly update on the fundraising activity in the quantum computing market here. We also analyze long-term funding trends in the quantum computing market here.

adoption chart quantum computing market enterprise pilots

In our quantum computing market deck, we track adoption trends and shifts in consumer behavior

What is the geographical revenue breakdown for the quantum computing market?

North America

North America generates approximately 45% of quantum computing market revenue in 2026, driven by strong enterprise adoption, concentrated venture capital funding, and leading hardware vendors including IonQ and Rigetti alongside major cloud providers AWS and Azure. The region benefits from established quantum computing research programs at universities and national laboratories plus early enterprise experimentation in financial services, pharmaceuticals, and aerospace sectors.

By 2036, North America's share of the quantum computing market will likely decline to around 35% as other regions accelerate commercialization. The absolute revenue will continue growing substantially, but faster adoption in Asia through sovereign computing initiatives and industrial applications will reduce North America's relative market share even as the region maintains technological leadership.

Europe

Europe accounts for approximately 25% of quantum computing market revenue in 2026, supported by vendors like IQM, Pasqal, and strong government funding through programs like the European Quantum Flagship. The region emphasizes quantum computing sovereignty, demonstrated by deployments like Pasqal's system with Aramco, and benefits from industrial applications in automotive, chemicals, and energy sectors where European companies maintain global leadership.

By 2036, Europe will maintain its 25% share of the quantum computing market as government support sustains vendor development and industrial adoption keeps pace with global growth. The region's focus on open-source quantum computing software and neutral-atom hardware approaches will support steady market share even as absolute revenue expands from increased enterprise deployment.

Asia

Asia generates approximately 25% of quantum computing market revenue in 2026, concentrated in countries including China, Japan, Singapore, and emerging activity in India and South Korea. The region pursues quantum computing through both state-sponsored research programs and private sector development, with particular strength in manufacturing optimization and materials science applications where Asian industrial companies seek competitive advantages.

By 2036, Asia's share of the quantum computing market will expand to around 35%, surpassing North America in relative terms though not absolute spending. Sovereign computing initiatives from countries like China and Saudi Arabia combined with industrial-scale deployments in electronics manufacturing, automotive production, and energy sectors will drive faster adoption than Western markets, particularly as Asian enterprises integrate quantum computing into existing technology infrastructure.

Oceania

Oceania represents approximately 3% of quantum computing market revenue in 2026, primarily concentrated in Australia where government-supported quantum computing research programs and early enterprise pilots create modest commercial activity. The region's small share reflects limited local vendor development and smaller enterprise market compared to North America, Europe, and Asia.

By 2036, Oceania will maintain its 3% share of the quantum computing market as growth keeps pace with global expansion but does not accelerate faster. Strong research programs at Australian universities and national labs will support continued adoption, but limited local vendor ecosystem and smaller total addressable market will prevent meaningful share gains.

Central and South America

Central and South America account for approximately 1% of quantum computing market revenue in 2026, reflecting very early-stage experimentation primarily at research institutions rather than broad commercial deployment. Limited vendor presence, smaller enterprise technology budgets, and focus on more immediate digital transformation priorities constrain quantum computing adoption in the region.

By 2036, Central and South America will maintain its 1% share of the quantum computing market as adoption remains concentrated in specific applications. Some growth in financial services and natural resource optimization may occur, but the region will likely continue focusing technology spending on classical computing infrastructure and cloud migration before significant quantum computing investment.

Africa

Africa represents approximately 1% of quantum computing market revenue in 2026, with nascent research activity at select universities and minimal commercial deployment. The region prioritizes foundational technology infrastructure and classical computing capabilities before quantum computing adoption, with spending concentrated in South Africa and limited activity in other markets.

By 2036, Africa will maintain its 1% share of the quantum computing market as commercial activity remains limited to specific research projects and pilot programs. While some applications in telecommunications optimization and natural resource exploration may emerge, broader enterprise adoption will lag other regions as Africa continues building classical computing infrastructure and digital transformation capabilities.

Sources: Reuters, Sifted
chart revenue breakdown customer segments quantum computing market

In our quantum computing market deck, we have designed useful charts to give you full market clarity

Who is the author of this content?

NEW MARKET PITCH TEAM

We track new markets so founders and investors can move faster

We build living “market pitch” documents for emerging markets: from AI to synthetic biology and new proteins. Instead of digging through outdated PDFs, random blog posts, and hallucinated LLM answers, our clients get a clean, visual, always-updated view of what’s really happening. We map the key players, deals, regulations, metrics and signals that matter so you can decide faster whether a market is worth your time. Want to know more? Check out our about page.

How we created this content 🔎📝

At New Market Pitch, we kept seeing the same problem: when you look at a new market, the data is either missing, paywalled, or buried in 300-page reports that feel like they were written in the 80s. On the other side, LLMs and random blog posts give you confident answers with no sources, and sometimes they just make things up. That’s not good enough when you’re about to invest real money or launch a company.

So we decided to fix the experience. For each market we cover, we build a structured database and update it on a regular basis. We track funding rounds, fund memos, M&A moves, partnerships, new products, policy changes, and the real activity of startups and incumbents. Then we turn all of that into a clear “market pitch” that shows where the opportunities are and how people actually win in that space.

Every key data point is checked, sourced, and put back into context by our team. That’s how we can give you both speed and reliability: fast coverage of new markets, without the usual guesswork.

Back to blog