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US Enterprise Quantum Computing Market

ID: MRFR/ICT/17120-HCR
100 Pages
Garvit Vyas
October 2025

US 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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US Enterprise Quantum Computing Market Summary

As per MRFR analysis, the US enterprise quantum-computing market size was estimated at 768.0 USD Million in 2024. The US enterprise quantum-computing market is projected to grow from 828.52 USD Million in 2025 to 1769.04 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 7.88% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US enterprise quantum-computing market is poised for substantial growth driven by innovation and strategic collaborations.

  • Investment in quantum startups is surging, indicating a robust interest in advancing quantum technologies.
  • Collaboration between industry and academia is fostering innovation, enhancing the development of quantum applications.
  • The focus on quantum security solutions is intensifying as organizations seek to protect sensitive data against emerging threats.
  • Rising demand for advanced computing solutions and government initiatives are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 768.0 (USD Million)
2035 Market Size 1769.04 (USD Million)
CAGR (2025 - 2035) 7.88%

Major Players

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

US 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 quantum technologies are on the rise, with companies exploring partnerships and collaborations to leverage this emerging technology. Furthermore, government initiatives aimed at fostering innovation in quantum computing are likely to play a crucial role in shaping the market landscape. In addition to technological advancements, the enterprise quantum-computing market is witnessing a growing emphasis on workforce development. Educational institutions and training programs are increasingly focusing on equipping professionals with the necessary skills to navigate this evolving field. This focus on education is essential, as the demand for skilled personnel in quantum computing is expected to surge. As organizations strive to integrate quantum solutions into their operations, the need for a knowledgeable workforce becomes paramount. Overall, the enterprise quantum-computing market appears poised for significant growth, driven by technological innovation and a commitment to developing human capital.

Increased Investment in Quantum Startups

There is a noticeable trend of heightened investment in startups focused on quantum technologies. Venture capitalists and corporate investors are increasingly allocating funds to innovative companies that are developing quantum hardware and software solutions. This influx of capital is likely to accelerate research and development efforts, fostering a competitive environment that could lead to breakthroughs in quantum computing applications.

Collaboration Between Industry and Academia

Collaboration between industry players and academic institutions is becoming more prevalent in the enterprise quantum-computing market. Such partnerships aim to bridge the gap between theoretical research and practical applications. By working together, companies can leverage academic expertise to enhance their quantum computing capabilities, while universities gain access to funding and real-world challenges to address.

Focus on Quantum Security Solutions

As quantum computing technology advances, there is an increasing focus on developing security solutions that can withstand potential threats posed by quantum algorithms. Organizations are prioritizing research into quantum-resistant cryptography to safeguard sensitive data. This trend indicates a proactive approach to addressing security concerns, ensuring that enterprises can confidently adopt quantum technologies without compromising their data integrity.

US Enterprise Quantum Computing Market Drivers

Government Initiatives and Funding

Government initiatives play a crucial role in the growth of the enterprise quantum-computing market. In the US, federal funding for quantum research and development has seen a significant increase, with allocations reaching over $1.2 billion in recent years. This financial support aims to foster innovation and collaboration between public and private sectors, encouraging the development of quantum technologies. Additionally, government-backed programs are designed to enhance workforce training in quantum computing, ensuring a skilled labor pool for future advancements. Such initiatives not only stimulate research but also create a favorable environment for startups and established companies to thrive in the enterprise quantum-computing market.

Emergence of Quantum-as-a-Service Models

The emergence of Quantum-as-a-Service (QaaS) models is transforming the enterprise quantum-computing market by making quantum technologies more accessible to businesses. This model allows organizations to utilize quantum computing resources on a pay-per-use basis, eliminating the need for substantial upfront investments in hardware. As a result, companies can experiment with quantum algorithms and applications without the financial burden of owning quantum systems. The QaaS market is projected to grow at a CAGR of 25% over the next five years, indicating a strong trend towards cloud-based quantum solutions. This shift is likely to democratize access to quantum computing, enabling a wider range of enterprises to explore its potential.

Growing Interest in Quantum Cryptography

The enterprise quantum-computing market is witnessing a growing interest in quantum cryptography, driven by the need for enhanced security measures. As cyber threats become more sophisticated, organizations are increasingly looking towards quantum cryptographic solutions to protect sensitive data. Quantum key distribution (QKD) offers a level of security that classical methods cannot match, making it an attractive option for sectors such as finance and healthcare. The market for quantum cryptography is projected to reach $1 billion by 2027, indicating a robust demand for secure communication solutions. This trend suggests that as enterprises prioritize data security, the adoption of quantum cryptography will likely accelerate, further propelling the enterprise quantum-computing market.

Rising Demand for Advanced Computing Solutions

The enterprise quantum-computing market is experiencing a surge in demand for advanced computing solutions, driven by the need for enhanced processing capabilities. Industries such as finance, pharmaceuticals, and logistics are increasingly seeking quantum computing to solve complex problems that classical computers struggle with. For instance, financial institutions are leveraging quantum algorithms to optimize trading strategies and risk assessments, potentially reducing operational costs by up to 30%. This growing interest indicates a shift towards adopting quantum technologies, as organizations recognize the competitive advantage they can gain. As a result, investments in quantum infrastructure and talent are likely to increase, further propelling the enterprise quantum-computing market forward.

Increased Focus on Quantum Software Development

As the enterprise quantum-computing market evolves, there is an increasing focus on developing specialized quantum software. This software is essential for harnessing the capabilities of quantum hardware and translating complex problems into quantum algorithms. Companies are investing heavily in research and development to create robust quantum programming languages and tools that facilitate easier integration with existing systems. The software segment is expected to account for approximately 40% of the total market share by 2026, reflecting the critical role it plays in the overall ecosystem. This emphasis on software development is likely to drive innovation and enhance the usability of quantum technologies across various industries.

Market Segment Insights

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

In the US enterprise quantum-computing market, the component segment is characterized by a distinct distribution among software, service, and hardware. Software holds the dominant share due to its critical role in enabling quantum computing applications and frameworks. This dominance is bolstered by substantial investment in software development to harness quantum capabilities effectively. In contrast, service offerings are witnessing significant traction, driven by the increasing need for consulting and support services that help enterprises adopt and implement quantum technologies. Growth trends in this segment are influenced by the heightened interest in quantum computing and its potential applications across various industries. The demand for software is propelled by the necessity for advanced programming tools and environments that facilitate quantum algorithm design. Meanwhile, the service segment is rapidly expanding as companies seek specialized expertise and operational support to navigate the complexities of quantum technology integration, making it the fastest-growing component.

Software (Dominant) vs. Service (Emerging)

The characteristics of the software and service segments within the US enterprise quantum-computing market reflect their strategic importance. Software is universally acknowledged as the dominant force, offering essential tools and platforms for quantum innovation. It provides the backbone for developing quantum algorithms and applications across multiple sectors. Conversely, the service segment is emerging as a critical player, focusing on advisory and implementation services that cater to organizations venturing into quantum territories. This shift highlights a growing recognition of the need for expertise and guidance as enterprises seek to harness quantum technology effectively. The interplay between these two segments illustrates the broader trend towards integrative solutions that combine robust software capabilities with specialized service offerings.

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

In the US enterprise quantum-computing market, the distribution of deployment types reflects a significant preference for On-cloud solutions, which capture the largest market share. This preference is driven by the convenience, scalability, and flexibility that cloud platforms offer enterprises looking to leverage quantum computing without the overhead of maintaining physical infrastructure. Currently, On-cloud solutions dominate, making it the go-to choice for many organizations aiming for quick implementation and ease of access to quantum resources. In contrast, Hybrid deployment is emerging as the fastest-growing segment, as more enterprises seek to balance on-premises control with the benefits of cloud computing. Hybrid solutions allow organizations to maintain sensitive workloads locally while accessing cloud resources for enhanced processing power. This trend is fueled by increasing data privacy concerns and the need for customizable solutions that can adapt to evolving business needs, solidifying Hybrid’s position as a critical player in the market.

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

On-cloud deployment represents the dominant force in the US enterprise quantum-computing market, offering unmatched scalability, ease of access, and cost-effectiveness. Organizations opt for this model to minimize investment in infrastructure while maximizing access to powerful quantum computing capabilities. The appeal lies in leveraging advanced cloud technologies without the complexities of hardware management. Conversely, Hybrid solutions are gaining traction as an emerging choice for enterprises requiring a tailored approach. These systems combine on-premises resources with cloud capabilities, catering to organizations that need to address specific compliance and data security requirements. This dual approach not only enhances flexibility but also aligns with the evolving landscape of digital transformation, setting Hybrid deployment on a robust growth trajectory.

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

In the US enterprise quantum-computing market, the end-user landscape showcases diverse sectors vying for technological advancement. The BFSI sector commands the largest share, utilizing quantum computing for risk analysis, portfolio optimization, and fraud detection. Automotive follows closely, exploring quantum applications in design automation and supply chain optimization, making it a significant player in this space. Growth trends indicate a notable expansion in the automotive sector, driven by increasing investments in research and development. The push toward smarter vehicles necessitates advanced computational power for simulations and optimizations, thereby accelerating the adoption of quantum technologies. Conversely, the BFSI sector remains robust with continuous innovations aimed at enhancing operational efficiencies and client services, further solidifying its position in the market.

BFSI: Dominant vs. Automotive: Emerging

The BFSI sector embodies a dominant position in the US enterprise quantum-computing market, leveraging quantum technologies to solve complex financial challenges and streamline operations. With a focus on improving transactional efficiency and risk management, BFSI firms are investing heavily in quantum solutions that enhance data processing capabilities. In contrast, the automotive sector represents an emerging force, with manufacturers increasingly adopting quantum computing to innovate in vehicle design and autonomous driving technologies. This sector's rapid growth is fueled by collaboration with tech players and investment in high-performance computing, positioning it as a crucial contributor to the market's evolution.

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

The market share distribution among various technologies in the US enterprise quantum-computing market reveals a strong dominance of superconducting technology, which accounts for a significant portion of the market. Following closely are quantum annealing and trapped ion technologies, showcasing substantial adoption among enterprises. Quantum dot technology, while currently smaller in share, shows increasing traction, suggesting a shift towards innovative approaches in quantum computing solutions. Growth trends in the segment are being driven by advancements in hardware capabilities and increased investments in quantum computing research. Enterprises are rapidly adopting superconducting technologies due to their scalability and coherence times. Meanwhile, the burgeoning interest in quantum dot technologies indicates an emerging preference for compact and efficient quantum systems, predicted to expand in the coming years as they become commercially viable.

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

Superconducting technology stands as the dominant force in the quantum computing landscape, recognized for its superior coherence times and scalability, making it a favored choice among large enterprises. This technology leverages superconducting circuits to facilitate quantum operations, thus driving significant market interest. On the other hand, quantum dot technology, while labeled as emerging, is rapidly gaining momentum due to its potential for miniaturization and integration into existing semiconductor technologies. With growing investments and research focus, quantum dots are seen as a promising avenue for developing compact quantum systems that can efficiently operate at room temperature, attracting interest from startups and established tech firms alike.

Get more detailed insights about US 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. Collectively, these strategies foster a competitive environment that is both dynamic and evolving.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with a mix of established players and emerging startups. The collective influence of these key players shapes the competitive landscape, as they vie for market share and technological leadership.

In October 2025, IBM (US) announced a partnership with a leading financial institution to develop quantum algorithms aimed at optimizing investment strategies. This collaboration underscores IBM's commitment to applying quantum computing in practical, high-stakes environments, potentially revolutionizing financial modeling and risk assessment. Such strategic moves not only enhance IBM's market position but also demonstrate the real-world applicability of quantum technologies.

In September 2025, Google (US) unveiled its latest quantum processor, which reportedly achieves unprecedented qubit coherence times. This advancement is crucial for error correction in quantum computations, indicating Google's ongoing investment in overcoming technical challenges. By pushing the boundaries of quantum hardware, Google solidifies its competitive edge and reinforces its reputation as a pioneer in the field.

In August 2025, Microsoft (US) expanded its Azure Quantum platform by integrating new partnerships with several academic institutions. This initiative aims to foster innovation and accelerate the development of quantum applications across various industries. By collaborating with academia, Microsoft not only enhances its technological capabilities but also cultivates a talent pipeline essential for sustaining long-term growth in the quantum sector.

As of November 2025, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) into quantum computing solutions. Strategic alliances among key players are shaping the landscape, facilitating knowledge sharing and resource pooling. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize R&D and strategic partnerships will be better positioned to thrive in the rapidly changing enterprise quantum-computing market.

Key Companies in the US Enterprise Quantum Computing Market market include

Industry Developments

The US Enterprise Quantum Computing Market has witnessed significant advancements recently, particularly with ColdQuanta and IonQ leading the charge in hardware innovation. In October 2023, IBM launched a new quantum processor that boasts improved qubit connectivity, pushing the capabilities of quantum systems further. Amazon Web Services and Google have both made strides in software development and cloud quantum infrastructure, enhancing accessibility for enterprise users. Notably, in July 2023, D-Wave Systems announced a collaboration with Microsoft aimed at optimizing quantum algorithms for real-world applications, marking a significant partnership in the space.

Several companies like Rigetti Computing are focusing on hybrid quantum-classical solutions to drive practical implementations, reflecting a growing emphasis on pragmatism in the industry. In the past two years, Intel has also ramped up its investment in quantum technology, promoting new Research and Development initiatives aimed at quantum robustness. The market's growth is further supported by increasing interest from federal initiatives, reflecting the importance of quantum technology in national security and economic competitiveness in the US. Overall, the focus on integration and cross-collaboration among key players is pivotal in shaping the future landscape of the US Enterprise Quantum Computing Market.

Future Outlook

US Enterprise Quantum Computing Market Future Outlook

The Enterprise Quantum Computing Market is projected to grow at a 7.88% 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
  • Partnerships with academic institutions for research and innovation

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

Market Segmentation

US Enterprise Quantum Computing Market End User Outlook

  • Automotive
  • BFSI
  • Chemical
  • Medical

US Enterprise Quantum Computing Market Component Outlook

  • Software
  • Service
  • Hardware

US Enterprise Quantum Computing Market Deployment Outlook

  • On-cloud
  • Premise
  • Hybrid

US Enterprise Quantum Computing Market Technology Outlook

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

Report Scope

MARKET SIZE 2024 768.0(USD Million)
MARKET SIZE 2025 828.52(USD Million)
MARKET SIZE 2035 1769.04(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.88% (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 Advancements in quantum algorithms enhance computational efficiency for complex enterprise applications.
Key Market Dynamics Intensifying competition drives innovation and investment in enterprise quantum-computing technologies across various sectors.
Countries Covered US

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FAQs

What is the projected market size of the US Enterprise Quantum Computing Market in 2024?

The US Enterprise Quantum Computing Market is expected to be valued at 1.02 billion USD in 2024.

What will be the expected market size for the US Enterprise Quantum Computing Market by 2035?

By 2035, the market is anticipated to reach a valuation of 10.0 billion USD.

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

The overall market is expected to grow at a CAGR of 23.008% during the forecast period from 2025 to 2035.

What are the estimated market values for the software component in the US Enterprise Quantum Computing Market in 2024 and 2035?

The software segment is valued at 0.45 billion USD in 2024 and is projected to reach 4.5 billion USD by 2035.

What will be the projected market size for the service component of the US Enterprise Quantum Computing Market by 2035?

The service segment is expected to grow from 0.25 billion USD in 2024 to 2.5 billion USD by 2035.

What is the expected market size for the hardware component of the US Enterprise Quantum Computing Market in 2035?

By 2035, the hardware segment is projected to be valued at 3.0 billion USD.

Who are the key players in the US Enterprise Quantum Computing Market?

Major players in the market include IBM, Amazon Web Services, Google, and IonQ, among others.

What are some key applications driving the growth of the US Enterprise Quantum Computing Market?

Key applications include cryptography, drug discovery, and optimization problems across various industries.

What are the emerging trends in the US Enterprise Quantum Computing Market?

Emerging trends include advancements in quantum software development and increased collaboration among technology firms.

What challenges is the US Enterprise Quantum Computing Market currently facing?

Challenges include technological complexity, high costs, and a shortage of skilled professionals in the field.

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