Gartner: Quantum Computing Revenue to Reach $1.1 Billion in 2027
Worldwide quantum computing revenue is projected to total $1.1 billion in 2027, according to Gartner, Inc., a business and technology insights company.
“Nations and businesses have scaled spending in quantum literacy, patents, partnerships, and early use-case exploration,” said Gaurav Gupta, VP Analyst and Chief of Research for the emerging market dynamics research team at Gartner.
“While the market still faces challenges, advancements in algorithm development, gate speeds and scaling indicate that breakthroughs.are happening more rapidly than initially expected. The early quantum advantage era has arrived because noisy intermediate-scale quantum processors now have enough qubits to do limited complex tasks with improved error reduction,” said Gupta.
Gartner forecasts global quantum computing revenue will reach $869.9 million in 2026, up 22.9% year-over-year.
End-User Industry Spending on Quantum Computing
The value of quantum and types of examples will differ by industry. The levels of end-user industry spending contribution to quantum computing...
Copyright of this story solely belongs to www.itvoice.in. To see the full text click HERE
