Dublin, Oct. 05, 2026 (GLOBE NEWSWIRE) -- "Quantum Technology Market Report 2026" has been added to ResearchAndMarkets.com's offering.
The global quantum technology market is experiencing rapid expansion as governments, enterprises and research institutions increase investment in quantum computing, communication, sensing and cybersecurity. The market grew from $1.88 billion in 2025 to an estimated $2.39 billion in 2026, representing a compound annual growth rate of 27%. Historical growth has been supported by government-funded quantum research programs, academic and laboratory initiatives, rising interest from defense and cybersecurity organizations, access to experimental quantum hardware and expanding public-private research partnerships.
Continued commercialization is expected to propel the quantum technology market to $5.41 billion by 2030, reflecting a compound annual growth rate of 22.7% from 2026. Key growth drivers include increasing enterprise adoption of quantum computing services, higher investment in quantum-safe cryptography, expansion of commercial quantum cloud platforms and rising demand for advanced simulation capabilities. The integration of quantum technologies into enterprise workflows is also expected to create new opportunities across financial services, healthcare, pharmaceuticals, aerospace, defense, telecommunications, transportation and automotive applications.
Major quantum technology market trends include the development of fault-tolerant quantum systems, optimization of quantum algorithms and the commercialization of cloud-based quantum computing services. Investment is also accelerating in quantum communication infrastructure and scalable quantum hardware. These advances are helping organizations explore high-value applications such as financial modeling, drug discovery, artificial intelligence, secure communications, logistics planning and complex scientific simulations.
Rising cybercrime and financial fraud are strengthening demand for quantum cybersecurity solutions. Increased internet use, digitalization and interconnected systems have expanded exposure to hacking, identity theft, phishing, data breaches and fraudulent financial transactions. Quantum technologies can support secure cryptography, resilient network infrastructure, high-quality random number generation, privacy-preserving computation and advanced fraud detection.
The financial impact of digital crime highlights the need for stronger security capabilities. According to the Federal Bureau of Investigation, losses attributed to investment scams increased by 38%, rising from $3.31 billion in 2022 to $4.57 billion in 2023. AAG IT Services also reported that 32% of UK organizations experienced cyberattacks or breaches in 2023. The proportion increased to 59% among medium-sized organizations and 69% among large corporations. These figures are encouraging investment in quantum-resilient security technologies capable of protecting sensitive data and critical digital infrastructure.
Technological innovation remains central to competition within the quantum technology industry. In February 2024, Quantum Computing Inc. launched the Dirac-3 entropy quantum computer, which uses nonlinear quantum optics to address complex problems involving numerous variables. The system expands potential quantum applications beyond conventional devices based on quantum bits. It operates at room temperature, supports on-site deployment and does not require additional infrastructure for routine operation, potentially improving accessibility for commercial and institutional users.
Strategic acquisitions are also shaping the quantum security segment. In August 2024, Canada-based cloud security and artificial intelligence company Scope AI Corp. acquired QSE Technology from Ovryde Ltd. for $400,000 and 2.8 million common shares. The acquisition is intended to strengthen Scope AI's quantum-secure cybersecurity capabilities through the integration of QSE Technology's quantum-resilient entropy platform. It also supports the expansion of quantum-secure storage and encryption-as-a-service offerings across cloud, on-premises and decentralized environments.
North America was the largest region in the quantum technology market in 2025, supported by extensive research activity, government funding, advanced technology infrastructure and commercial investment. The global market also covers Asia-Pacific, Southeast Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. Countries analyzed include Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Russia, South Korea, Spain, Taiwan, the United Kingdom and the United States.
Markets Covered:
1) By Type: Hardware; Software; Service
2) By Application: Cybersecurity; Drug Development; Financial Modeling; Artificial Intelligence; Other Applications
3) By End-User: Transport And Logistics; Banking And Finance; Aerospace And Defense; Education; Information Technology (IT) And Telecommunication; Healthcare And Pharmaceuticals; Automotive; Other End-Users
Subsegments:
1) By Hardware: Quantum Computers; Quantum Sensors; Quantum Communication Systems
2) By Software: Quantum Algorithms; Quantum Simulation Software; Quantum Cryptography Software
3) By Service: Quantum Computing Services; Quantum Research And Development Services; Quantum Technology Consulting Services
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2026-2030 |
| Estimated Market Value (USD) in 2026 | $2.39 Billion |
| Forecasted Market Value (USD) by 2030 | $5.41 Billion |
| Compound Annual Growth Rate | 22.7% |
| Regions Covered | Global |
The companies featured in this Quantum Technology market report include:
- Huawei Technologies Co. Ltd.
- Samsung Electronics
- Microsoft Corporation
- Dell Technologies Inc.
- Amazon Web Services
- Hitachi Ltd.
- Siemens AG
- Raytheon Technologies Corporation
- Lockheed Martin Corporation
- General Electric Company (GE)
- Intel Corporation
- Airbus SE
- Accenture plc
- International Business Machines Corporation
- Cisco Systems Inc.
- Oracle Corporation
- Mitsubishi Electric Corporation
- Honeywell International Inc.
- Fujitsu Limited
- Nokia Corporation
- BAE Systems plc
- Toshiba Corporation
- NEC Corporation
- Thales Group
- Quantum Computing Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mis831
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