2025 Global Quantum Computing Industry Development Outlook

In 2024, global quantum computing science and industry witnessed remarkable progress across theories, technologies, products, applications, and investment and financing. Meanwhile, many European and North American countries, such as the United States and the Netherlands, expanded their export controls from quantum computers to upstream equipment and their components, exacerbating the situation of resources and exchanges. China also made breakthroughs in quantum computing, especially in the independent development and adaptation of core equipment and devices along the industry chain, thus building an independent industrial ecosystem.

The competitive landscape for quantum computers remained unchanged, with the United States and China in the first tier, and Europe and the Asia-Pacific region (excluding China) in the second tier. In terms of technological routes, superconducting, ion-trap, and neutral-atom were the mainstream for realizing general quantum computing. Progress in photonic quantum computing was slow, and the semiconductor route still faced scalability bottlenecks, and routes such as topology, molecular, magnon, and mechanical qubits were still in the laboratory stage.

This report aims to comprehensively analyze the current development trend in the field of quantum computing, show the progress of hardware, software, algorithms, cloud platforms, and application scenarios in 2024, analyze in-depth the technical route selection and industrial layout of various countries in the field of quantum computing, look forward to the future evolution of the global quantum computing landscape, and put forward corresponding suggestions for industrial development.

Development of the Industry

Global financing in quantum computing in 2024 was $2.02 billion, and compared with 2023, it increased by 30.34%, indicating that the growth momentum of the industry has increased, and the capital market has increased attention and confidence in the field of quantum computing.

The overall financing scale in 2024 increased by about 30.34% compared with 2023, indicating that global investors' investment enthusiasm for quantum computing has rebounded. But total financing in 2024 has not yet reached the level in 2022, so it is inappropriate to be overly optimistic.

Under the impact of many factors such as high inflation, the financing in 2023 was not ideal, but investment in quantum computing entered a recovery stage. In 2024, there were 51 financing events in the quantum computing space, totaling $2.02 billion. Compared to 2023, there were four fewer funding deals and $469 million more raised.

In 2024, the global venture - capital trend in the field of quantum computing changed, no longer continuing the trend of 2023, shifting from favoring quantum software to hardware investment.

In the next stage, special quantum simulators will realize a variety of core application demonstrations, and drive the rapid development of the downstream industry of quantum computing.

Development of the Market

According to the forecast, in 2024, the global quantum industry will reach $5.04 billion, with a compound annual growth rate (CAGR) of 87.64% from 2024 to 2030.

The global quantum computing market shows a dynamic trend. In 2024, the proportion of the global quantum computing industry scale in order from largest to smallest were North America, Europe, China, and the Asia - Pacific region (excluding China). In 2035, China's industry share will significantly increase to 29.49%, rising to the second place.

The industry application cooperation of quantum computing covers a number of fields, such as national defense, financial services, biomedicine, chemical engineering, logistics optimization, etc. In these areas, large enterprises or industry giants that have been deep in the field for many years collaborate with quantum computing software and hardware companies to solve practical problems and challenges currently faced.