Through the State of the Global Quantum Industry report, QED-C seeks to capture key metrics that characterize the size and impact of the global quantum industry in a way that can be tracked and compared over time. The report provides a data-driven perspective, through an analytical framework, on the industry’s composition, investment, market size, workforce & pipeline, and intellectual property. The data on which the report is based are current as of the end of 2024, with historical and forward-looking comparisons made where possible.
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QED-C has engaged Hyperion Research to conduct an annual Global Quantum Computing Market Study as well as the first Global Quantum Sensor Market Study; these reports spotlight trends in both markets.
The quantum computing forecast estimates its 2024 market size at US$1.07 billion, while the quantum sensing forecast estimates its 2024 market size at US$375 million, with continued growth expected over the next few years. These estimates were calculated based on more than 100 respondents per market survey, representing more than 149 quantum-engaged companies across both markets headquartered in North America, Europe, the Asia/Pacific Region, and the Middle East. Click the reports below to view the results.
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