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UK Enterprise Quantum Computing Market

ID: MRFR/ICT/62159-HCR
200 Pages
Aarti Dhapte
October 2025

UK Enterprise Quantum Computing Market Research Report By Component (Software, Service, Hardware), By Deployment (On-Cloud, Premise, Hybrid), By End-User (Automotive, BFSI, Chemical, Medical), and By Technology (Quantum Annealing, Superconducting, Trapped Ion, Quantum Dot, Others)- Forecast to 2035

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UK Enterprise Quantum Computing Market Summary

As per MRFR analysis, the UK enterprise quantum-computing market was estimated at 160.0 USD Million in 2024. The UK enterprise quantum-computing market is projected to grow from 186.72 USD Million in 2025 to 874.98 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 16.7% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The UK enterprise quantum-computing market is poised for substantial growth driven by innovation and collaboration.

  • Investment in quantum startups is witnessing a notable increase, indicating a robust interest in the sector.
  • Collaboration between industry and academia is fostering innovation and accelerating the development of quantum technologies.
  • The focus on quantum security solutions is intensifying as organizations prioritize data protection and privacy.
  • Rising demand for advanced computing solutions and government initiatives are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 160.0 (USD Million)
2035 Market Size 874.98 (USD Million)

Major Players

IBM (US), Google (US), Microsoft (US), D-Wave Systems (CA), Rigetti Computing (US), IonQ (US), Honeywell (US), Alibaba (CN), Xanadu (CA)

UK Enterprise Quantum Computing Market Trends

The enterprise quantum-computing market is currently experiencing a transformative phase, characterized by rapid advancements in technology and increasing interest from various sectors. Organizations are beginning to recognize the potential of quantum computing to solve complex problems that classical computers struggle with. This shift is driven by the need for enhanced computational power, particularly in fields such as finance, pharmaceuticals, and logistics. As a result, investments in research and development are on the rise, with both public and private entities collaborating to explore innovative applications. The UK government has shown commitment to fostering this emerging field, providing funding and support to initiatives aimed at advancing quantum technologies. In addition to technological advancements, the enterprise quantum-computing market is witnessing a growing demand for skilled professionals. Educational institutions are adapting their curricula to include quantum computing, ensuring that the workforce is equipped with the necessary skills to thrive in this evolving landscape. Furthermore, partnerships between academia and industry are becoming increasingly common, facilitating knowledge transfer and practical applications of quantum research. As the market matures, it appears poised for significant growth, with the potential to revolutionize various industries and create new economic opportunities.

Increased Investment in Quantum Startups

There is a noticeable trend of rising investment in startups focused on quantum technologies. This influx of capital is likely to accelerate innovation and development within the enterprise quantum-computing market, as new players emerge with fresh ideas and solutions.

Collaboration Between Industry and Academia

Partnerships between academic institutions and industry leaders are becoming more prevalent. These collaborations aim to bridge the gap between theoretical research and practical applications, enhancing the overall capabilities of the enterprise quantum-computing market.

Focus on Quantum Security Solutions

As quantum computing evolves, there is an increasing emphasis on developing security solutions tailored for quantum environments. This trend reflects the growing awareness of potential vulnerabilities and the need for robust security measures in the enterprise quantum-computing market.

UK Enterprise Quantum Computing Market Drivers

Collaboration Across Industries

The enterprise quantum-computing market is witnessing a trend of collaboration across various industries, which is essential for driving innovation and practical applications of quantum technologies. Partnerships between technology firms, research institutions, and industry leaders are becoming more common, facilitating knowledge exchange and resource sharing. These collaborations enable the development of tailored quantum solutions that address specific industry challenges, such as optimization in supply chains or drug discovery in pharmaceuticals. As these partnerships grow, they are likely to accelerate the pace of quantum technology adoption in the UK, fostering a more integrated ecosystem that supports the enterprise quantum-computing market's expansion.

Government Initiatives and Funding

The enterprise quantum-computing market is significantly influenced by government initiatives aimed at fostering innovation and technological advancement. The UK government has allocated substantial funding to support quantum research and development, with investments exceeding £1 billion in recent years. These initiatives are designed to position the UK as a leader in quantum technology, encouraging collaboration between public and private sectors. Such funding not only aids in the development of quantum infrastructure but also stimulates the growth of startups and research institutions focused on quantum computing. As a result, the enterprise quantum-computing market is likely to benefit from enhanced resources and talent, driving further advancements and applications in various industries.

Increased Focus on Data Security and Privacy

In the enterprise quantum-computing market, there is a growing emphasis on data security and privacy, particularly as organizations face escalating cyber threats. Quantum computing offers the potential to develop advanced encryption methods that could significantly enhance data protection. As businesses in the UK become more aware of the vulnerabilities associated with traditional encryption techniques, the demand for quantum-safe solutions is likely to rise. This shift is expected to drive investments in quantum security technologies, with projections indicating that the market for quantum encryption could reach £500 million by 2027. Consequently, the enterprise quantum-computing market is poised to play a crucial role in addressing the pressing need for robust security measures in an increasingly digital landscape.

Talent Development and Education Initiatives

The enterprise quantum-computing market is heavily reliant on a skilled workforce capable of navigating the complexities of quantum technologies. In response to this need, educational institutions in the UK are increasingly offering specialized programs and courses focused on quantum computing. These initiatives aim to equip students and professionals with the necessary skills to thrive in this emerging field. Furthermore, industry players are collaborating with universities to create training programs that bridge the skills gap. As a result, the availability of qualified talent is expected to improve, which could enhance innovation and drive growth within the enterprise quantum-computing market, ultimately contributing to its long-term sustainability.

Rising Demand for Advanced Computing Solutions

The enterprise quantum-computing market is experiencing a notable surge in demand for advanced computing solutions across various sectors in the UK. Industries such as finance, pharmaceuticals, and logistics are increasingly seeking quantum computing capabilities to solve complex problems that traditional computing cannot efficiently address. This demand is driven by the need for faster data processing and enhanced analytical capabilities. According to recent estimates, the market is projected to grow at a CAGR of approximately 25% over the next five years, indicating a robust interest in quantum technologies. As enterprises recognize the potential of quantum computing to revolutionize their operations, investments in this market are likely to escalate, further propelling its growth and adoption in the UK.

Market Segment Insights

By Component: Service (Largest) vs. Software (Fastest-Growing)

In the UK enterprise quantum-computing market, the distribution of market share among the component segments reveals that Service holds a significant portion, establishing itself as the largest segment due to its importance in facilitating the adoption and implementation of quantum technologies. Software, while currently garnering a smaller share, stands out as the fastest-growing segment, driven by the increasing demand for advanced quantum algorithms and applications tailored for enterprise use cases. The growth trends in this segment are primarily influenced by rising investments in research and development, coupled with strategic collaborations among technology firms. Organizations are increasingly recognizing the value of quantum capabilities in enhancing computational efficiency and solving complex problems, resulting in an uptick in the use of specialized software and comprehensive service offerings. As enterprises strive to stay competitive, the demand for innovative solutions continues to propel both the Service and Software segments forward.

Service (Dominant) vs. Software (Emerging)

The Service segment in the UK enterprise quantum-computing market is characterized by a robust framework of consultancy, support, and integration services, which are essential for businesses transitioning to quantum technologies. Its dominance is evidenced by the emphasis placed on tailored solutions that address specific business needs, ensuring successful implementation and operational efficiency. On the other hand, the Software segment is emerging rapidly, reflecting a growing trend towards the development of specialized quantum software that offers unique functionalities. With advancements in quantum computing algorithms and an increasing number of enterprise applications, the Software segment is attracting substantial attention, and its innovative nature helps drive market growth. As these components evolve, the interplay between Service and Software will shape the future landscape of quantum solutions.

By Deployment: On-cloud (Largest) vs. Hybrid (Fastest-Growing)

In the UK enterprise quantum-computing market, the deployment segment is characterized by a competitive distribution among three main values: on-cloud, premise, and hybrid. The on-cloud deployment option holds the largest market share, driven by its scalability, flexibility, and cost-efficiency, making it the preferred choice for many enterprises. Meanwhile, the premise deployment, although less popular, continues to serve businesses with stringent security requirements and specialized needs. The hybrid deployment model is emerging as a promising alternative, effectively blending the strengths of both on-cloud and premise options. As businesses increasingly seek agility and innovation through advanced computing solutions, growth trends indicate that hybrid deployments are experiencing the fastest expansion. This growth is fueled by the evolving needs of enterprises for a more integrated approach to computing, combining the security of premise solutions with the flexibility of on-cloud systems. Additionally, advancements in quantum technologies and an increase in investments in R&D are driving factors contributing to the adoption of hybrid platforms, ultimately reshaping the deployment landscape of the market.

On-cloud (Dominant) vs. Hybrid (Emerging)

The on-cloud deployment model is currently the dominant force in the UK enterprise quantum-computing market, offering a range of benefits, including easy access to advanced technologies without the necessity for extensive hardware investments. By leveraging cloud infrastructure, enterprises can scale their quantum computing resources dynamically, reducing overhead costs while maintaining high operational efficiency. Conversely, the hybrid deployment model is rapidly emerging as a popular choice, particularly among organizations requiring a dual approach for better control and security. It integrates on-cloud capabilities with local deployments, allowing businesses to optimize their operations by choosing where to execute workloads based on their specific requirements. This blend not only enhances flexibility but also addresses varying compliance and regulatory standards across industries.

By End User: BFSI (Largest) vs. Automotive (Fastest-Growing)

In the UK enterprise quantum-computing market, the BFSI sector holds a significant portion of the market share, driven by its increasing demand for advanced computational power for risk management, fraud detection, and high-frequency trading. The Automotive sector, however, is rapidly emerging, capitalizing on innovations in autonomous vehicles and complex simulations that require intensive computations, making it an essential player in the market landscape. Looking ahead, growth trends indicate that BFSI will continue to expand its footprint as a leader in adopting quantum technologies, while the Automotive sector is poised for the fastest growth due to significant investments in research and development. Factors such as enhanced data processing capabilities and the necessity for efficient supply chain management are propelling the demand for quantum solutions in these sectors.

BFSI (Dominant) vs. Automotive (Emerging)

The BFSI sector is currently dominant in the UK enterprise quantum-computing market, leveraging its extensive resources to integrate quantum solutions that enhance financial modeling and risk analysis. Its established infrastructure and regulatory support further solidify its position as a leader. On the other hand, the Automotive sector is emerging strongly, with companies exploring quantum computing for optimization in design and manufacturing processes. This sector's focus on efficiency and innovation is driving rapid adoption, and it is expected to significantly impact the market with advancements in quantum algorithms that can solve complex logistical challenges. Together, these segments showcase a dynamic interplay of stability and growth within the enterprise quantum-computing landscape.

By Technology: Quantum Annealing (Largest) vs. Superconducting (Fastest-Growing)

The UK enterprise quantum-computing market showcases a diverse distribution across various technologies, with Quantum Annealing leading the charge as the largest segment. Following closely behind are Superconducting and Trapped Ion technologies, both exhibiting significant market traction, while Quantum Dot and Others hold smaller shares. This distribution indicates a vibrant ecosystem where different technologies cater to unique enterprise needs and applications. In recent years, growth trends suggest an increasing adoption of Quantum Annealing, spurred by its promising applications in optimization problems. Meanwhile, Superconducting technology has emerged as the fastest-growing segment, driven by advancements in qubit coherence and error correction. The rise of cloud-based quantum services and collaborative efforts among research institutions further accelerate the interest and investment in these technologies, shaping the future landscape of quantum computing.

Technology: Quantum Annealing (Dominant) vs. Superconducting (Emerging)

Quantum Annealing stands out as the dominant technology in the UK enterprise quantum-computing market, characterized by its robust ability to solve complex optimization problems more efficiently than classical counterparts. Many enterprises leverage this technology for significant computational advantages in fields such as logistics, finance, and pharmaceuticals. On the other hand, Superconducting technology is gaining traction as an emerging force, with rapid advancements enabling the development of increasingly effective qubits. This technology appeals to businesses looking to harness quantum advantage in large-scale computations, indicating a dynamic shift towards hybrid solutions that combine classical and quantum processing. Both segments highlight the evolving landscape and the promise of quantum technology in revolutionizing various industries.

Get more detailed insights about UK Enterprise Quantum Computing Market

Key Players and Competitive Insights

The enterprise quantum-computing market is currently characterized by intense competition and rapid technological advancements. Key growth drivers include the increasing demand for high-performance computing solutions and the need for enhanced data security. Major players such as IBM (US), Google (US), and Microsoft (US) are strategically positioned to leverage their extensive research capabilities and established market presence. IBM (US) focuses on innovation through its Quantum System One, while Google (US) emphasizes its leadership in quantum supremacy. Microsoft (US) is investing heavily in its Azure Quantum platform, aiming to integrate quantum computing with cloud services, thereby shaping a competitive environment that prioritizes technological advancement and strategic partnerships.

The market structure appears moderately fragmented, with a mix of established players and emerging startups. Key business tactics include localizing manufacturing and optimizing supply chains to enhance operational efficiency. Companies are increasingly forming strategic alliances to bolster their technological capabilities and market reach. This collective influence of key players fosters a dynamic competitive landscape, where collaboration often supersedes competition in driving innovation.

In October 2025, IBM (US) announced a partnership with a leading UK university to develop quantum algorithms aimed at solving complex logistical challenges. This collaboration is strategically significant as it not only enhances IBM's research capabilities but also positions the company as a thought leader in the academic sphere, potentially leading to breakthroughs that could be commercialized in the near future.

In September 2025, Google (US) unveiled its latest quantum processor, which reportedly achieves a 20-fold increase in computational speed compared to its predecessor. This advancement is crucial as it reinforces Google's commitment to maintaining its competitive edge in quantum supremacy, potentially attracting new clients seeking cutting-edge solutions for complex computational problems.

In August 2025, Microsoft (US) expanded its Azure Quantum platform by integrating new partnerships with several European tech firms. This strategic move is indicative of Microsoft's intent to enhance its service offerings and expand its market share in the European region, thereby solidifying its position as a leader in the cloud-based quantum computing space.

As of November 2025, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are shaping the landscape, allowing companies to pool resources and expertise to accelerate innovation. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability in supply chains, and the ability to deliver sustainable solutions. This shift suggests that companies that prioritize R&D and strategic partnerships will be better positioned to thrive in the future.

Key Companies in the UK Enterprise Quantum Computing Market market include

Future Outlook

UK Enterprise Quantum Computing Market Future Outlook

The Enterprise Quantum Computing Market is projected to grow at a 16.7% CAGR from 2024 to 2035, driven by advancements in technology, increased investment, and demand for computational power.

New opportunities lie in:

  • Development of quantum-as-a-service platforms for businesses
  • Integration of quantum computing in supply chain optimization
  • Creation of specialized quantum algorithms for financial modeling

By 2035, the enterprise quantum-computing market is expected to be robust and transformative.

Market Segmentation

UK Enterprise Quantum Computing Market End User Outlook

  • Automotive
  • BFSI
  • Chemical
  • Medical

UK Enterprise Quantum Computing Market Component Outlook

  • Software
  • Service
  • Hardware

UK Enterprise Quantum Computing Market Deployment Outlook

  • On-cloud
  • Premise
  • Hybrid

UK Enterprise Quantum Computing Market Technology Outlook

  • Quantum Annealing
  • Superconducting
  • Trapped Ion
  • Quantum Dot
  • Others

Report Scope

MARKET SIZE 2024 160.0(USD Million)
MARKET SIZE 2025 186.72(USD Million)
MARKET SIZE 2035 874.98(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 16.7% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled IBM (US), Google (US), Microsoft (US), D-Wave Systems (CA), Rigetti Computing (US), IonQ (US), Honeywell (US), Alibaba (CN), Xanadu (CA)
Segments Covered Component, Deployment, End User, Technology
Key Market Opportunities Integration of quantum computing in data security solutions presents a transformative opportunity in the enterprise quantum-computing market.
Key Market Dynamics Growing investment in Research and Development drives innovation in the enterprise quantum-computing market.
Countries Covered UK

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FAQs

What is the expected market size of the UK Enterprise Quantum Computing Market in 2024?

In 2024, the market size is expected to be valued at 160.0 USD Million.

What will the market size be in 2035 for the UK Enterprise Quantum Computing Market?

By 2035, the market is projected to reach a value of 2048.0 USD Million.

What is the expected compound annual growth rate (CAGR) for the UK Enterprise Quantum Computing Market from 2025 to 2035?

The market is anticipated to grow at a CAGR of 26.083% during the period from 2025 to 2035.

What are the key components of the UK Enterprise Quantum Computing Market?

The market is segmented into Software, Service, and Hardware as its key components.

How is the Software segment expected to perform from 2024 to 2035 in the UK Enterprise Quantum Computing Market?

The Software segment is valued at 60.0 USD Million in 2024 and is expected to grow to 768.0 USD Million by 2035.

What is the projected market value for the Service segment in the UK Enterprise Quantum Computing Market by 2035?

The Service segment is estimated to grow from 40.0 USD Million in 2024 to 512.0 USD Million in 2035.

What is the expected growth for the Hardware segment in the UK Enterprise Quantum Computing Market from 2024 to 2035?

The Hardware segment is anticipated to expand from 60.0 USD Million in 2024 to 768.0 USD Million in 2035.

Who are the major players in the UK Enterprise Quantum Computing Market?

Major players include PostQuantum, Microsoft, QinetiQ, Honeywell, and Google among others.

What opportunities and challenges are present in the UK Enterprise Quantum Computing Market?

Emerging trends and advancements in technology offer opportunities, while competition and high R&D costs pose challenges.

What impact does the current global scenario have on the UK Enterprise Quantum Computing Market?

The global landscape is influencing investment levels and collaboration across the UK Enterprise Quantum Computing Market.

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