Quantum computing and communications market seen reaching $6.93B by 2030

3 hours ago
By AI, Created 00:30 UTC, Oct 22, 2026, AGP -

The Business Research Company says the quantum computing and communications market will grow from $1.53 billion in 2025 to $6.93 billion by 2030, fueled by digital transformation, government funding and rising demand for secure communications. North America led the market in 2025, while Asia-Pacific is projected to be the fastest-growing region.

Why it matters: - The market is moving from early-stage investment to broader commercial adoption. - Demand is being driven by secure communications, faster processing and higher-capacity computing needs across industries. - The forecast suggests quantum technologies could become a larger part of enterprise and government infrastructure over the next several years.

What happened: - The Business Research Company released a new report on the quantum computing and communications market. - The report says the market was worth $1.53 billion in 2025 and is projected to reach $2.07 billion in 2026. - The report projects the market will grow to $6.93 billion by 2030. - The company pegs the market's 2025-2030 CAGR at 35.2%.

The details: - Historical growth has been supported by increased investment in quantum research, more government funding, faster development of quantum processors, expansion of research infrastructure and stronger demand for advanced computational power. - Future growth drivers include wider adoption of quantum computing as a service, rollout of quantum communication networks, stronger demand for secure quantum communications, progress toward fault-tolerant quantum systems and more investment in scalable quantum technologies. - Expected trends include fault-tolerant quantum computing architectures, upgrades to quantum communication infrastructure, combined quantum computing and communication functions, scalable quantum processors and repeaters, and expanded use of quantum key distribution. - The report defines quantum computing and communications as applications of quantum mechanics such as superposition and entanglement to process information and transmit data in ways that differ from classical systems. - The report says the technology supports advanced computational tasks and secure data transmission. - The company says the report includes market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, and updated graphics and tables. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - More information - Free sample report

Between the lines: - The report frames digital transformation as the key demand engine behind quantum adoption. - It cites a November 2023 UK government update showing a 19% increase in the size of the Government Digital and Data profession from April 2022 to April 2023. - That example points to a broader push for digital capability, which may lift interest in quantum tools for performance and security. - North America held the largest market share in 2025, signaling an established lead in investment and adoption. - Asia-Pacific is expected to be the fastest-growing region, suggesting the market's next wave of expansion may come from outside the current leader.

What's next: - The market is expected to accelerate as quantum computing as a service, quantum communications networks and fault-tolerant systems mature. - The report points to a shift toward more scalable hardware and more secure network architectures. - Regional competition is likely to intensify as Asia-Pacific scales investment and North America tries to maintain its lead.

The bottom line: - Quantum computing and communications are still emerging, but the market outlook is now big enough to draw sustained investment, infrastructure buildout and government attention.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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