Quantum Computing Market Worth $4,375 Million By 2028

The Quantum Computing Market size is valued at USD 866 Million in 2023 and is expected to reach USD 4,375 Million by 2028, growing at a CAGR of 38.3%. The key factors contributing to the growth of the market include the rising adoption of quantum computing technology in various industries and sectors, increasing investments in quantum computing technology, and a surge in the number of strategic partnerships and collaborations for advancements in quantum computing technology. Superconducting qubits are expected to hold the largest share during the forecast period due to their advantages such as low power consumption, high speed, and the ability to operate at low temperatures.