Quantum Computing Market Size To Grow By Usd 9,013.68 Million From 2022 To 2027, North America To Contribute 38% To The Market Growth

The quantum computing market size is expected to grow by USD 9,013.68 million from 2022 to 2027, progressing at a CAGR of 18.84%. North America is estimated to account for 38% of the market’s overall growth due to the presence of a substantial number of US-based customers. The growing utilization of quantum cryptography, which is a technique for secure code-writing and solving, is a major driver for the market growth. Additionally, governments are investing millions of dollars in developing quantum computing technologies to ensure the security of sensitive data.