Enterprise quantum computing market seen reaching $8.34 billion by 2030

By AI, Created 11:22 AM UTC, June 02, 2026, /AGP/ – Allied Market Research projects the global enterprise quantum computing market will grow from $1.37 billion in 2020 to $8.34 billion by 2030, driven by spending on quantum systems, high-performance computing demand and use cases in medicine and finance. The report points to hardware as the biggest segment in 2020, while services, cybersecurity and Asia-Pacific are forecast to grow fastest.

Why it matters: - Enterprise quantum computing is moving from a niche technology play to a broader business market tied to computing performance, research and security use cases. - Allied Market Research forecasts a 29.7% compound annual growth rate from 2021 to 2030, signaling a rapid expansion window for vendors, investors and enterprise buyers. - The market’s growth could affect healthcare, financial services, manufacturing, telecom and government-related security planning. - The report also points to new opportunities as businesses adopt on-premise quantum systems and as quantum hardware and software improve.

What happened: - Allied Market Research published a report on the global enterprise quantum computing market covering components, deployment modes, technologies, applications, industry verticals and regions. - The market was valued at $1,370.82 million in 2020 and is projected to reach $8,336.45 million by 2030. - The forecast covers software, hardware and services; on-premise and cloud deployment; and technologies including quantum annealing, superconducting, trapped ion, quantum dot and others. - The report also examines machine learning/deep learning/AI, optimization, simulation and data modeling, cyber security and other applications. - Industry verticals in the report include healthcare and life sciences, IT and telecom, manufacturing, BFSI, energy and utilities, aerospace and defense, and others. - The report sample is available here.

The details: - The hardware segment held the largest share in 2020, with around half of the total market. - Hardware is expected to keep the top position through the forecast period. - The services segment is projected to post the fastest growth, with a 33.0% CAGR from 2021 to 2030. - The optimization segment led applications in 2020 with about one-third of total share. - Optimization is expected to remain the largest application segment through 2030. - The cyber security segment is forecast to grow the fastest at a 34.0% CAGR from 2021 to 2030. - North America held more than two-fifths of the market in 2020. - North America is expected to remain the largest regional market by revenue in 2030. - Asia-Pacific is projected to grow the fastest, with a 32.8% CAGR during the forecast period. - The report lists major players including Alibaba Group, Google, D-Wave Systems, IBM, Huawei Technologies, Intel, ID Quantique, Rigetti, Microsoft and Toshiba Research Europe. - A customization request page is available here. - Purchase inquiries can be made here.

Between the lines: - The segment mix suggests the market is still weighted toward core hardware, but services and security-related uses are becoming more important growth engines. - The strong forecast for Asia-Pacific implies that enterprise adoption may broaden beyond current North American leadership. - The pandemic section in the report links quantum and advanced computing interest to remote-work-era efficiency needs and healthcare continuity, but the main growth story remains long-term enterprise adoption.

What’s next: - Buyers and investors will likely watch whether on-premise enterprise deployments become more practical as stability and error-correction improve. - The fastest-growing segments, especially services and cybersecurity, may attract the most vendor competition over the next decade. - Regionally, Asia-Pacific growth may narrow the gap with North America if enterprise adoption accelerates as projected. - Additional report information is available through Allied Market Research’s social channels and contact options included in the release.