Fact of the Week – 10/19/2026 - Connected World
What if the quantum computing market is growing rapidly—but not every company will survive the race? Global quantum computing revenue is projected to reach $1.1 billion in 2027, according to Gartner. That represents a significant milestone for an emerging technology that is beginning to move beyond research and into early business applications.
Gartner forecasts global quantum computing revenue will reach $869.9 million in 2026, a 22.9% increase year over year. But while investment is growing, the industry still faces significant challenges. Gartner highlights several developments shaping the market:
- Increasing financial-sector interest: Banking, finance, and insurance spending is expected to increase, overtaking the public sector as the largest industry spending category.
- Advancing technology: Improvements in algorithms, processing speeds, and scalability are helping quantum systems tackle limited complex tasks with better error reduction.
- Potential market consolidation: Gartner expects more than 50% of quantum computing startups to exit the market by 2030 as...
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