United States Quantum Computing Market Growth Fueled by AI Integration & Rising Government Investments | Key Players: IBM Quantum, Google, Honeywell, Rigetti Computing, Telstra Corporation Limited, IonQ Inc., Silicon Quantum Computing, Huawei Technologies

The Global Quantum Computing Market reached US$ 650.1 million in 2022 and is expected to reach US$ 8,788.8 million by 2031, growing with a CAGR of 38.9% during the forecast period 2024-2031.

The most recent report published by DataM Intelligence indicates that the "Quantum Computing Market" is likely to accelerate significantly in the next few years. The Quantum Computing Market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The Quantum Computing Market study includes information on market factors such as the market dynamics, drivers, restraints, challenges, threats, potential growth opportunities, market trends, development patterns, financial information, latest technologies, innovations, leading competitors, and regional analysis of the market.

Quantum computing harnesses quantum-mechanical principles like superposition and entanglement to perform computations far beyond the capabilities of classical systems. The market is witnessing rapid expansion, driven by demand from sectors such as pharmaceuticals, finance, defense, and AI optimization. In the U.S., federal funding initiatives and corporate alliances, including Google, IBM, and startups like IonQ, are intensifying competition, while recent announcements highlight government-backed programs to secure quantum leadership against global rivals.

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The list of Key Players Profiled in the study includes:- IBM Quantum, Google, Honeywell, Rigetti Computing, Telstra Corporation Limited, IonQ Inc., Silicon Quantum Computing, Huawei Technologies Co. Ltd., Alphabet Inc., Rigetti & Co Inc., Microsoft Corporation, D-Wave Systems Inc. and Zapata Computing Inc.

United States: Recent Quantum Computing Developments

📌 In September 2025, New Mexico announced a $315 million investment in quantum computing infrastructure and private firms to build a state-level quantum network.

📌 In September 2025, Cisco rolled out new software aimed at unifying quantum computers from multiple vendors into a cohesive quantum cloud platform.

📌 In September 2025, PsiQuantum raised $1 billion in a Series E funding round, reaching a $7 billion valuation and partnering with Nvidia to scale photonic quantum systems.

Japan: Recent Quantum Computing Developments

📌 In August 2025, IQM and TOYO Corporation signed a distribution agreement to bring IQM's superconducting quantum systems (from 5-qubit to 150-qubit) into the Japanese market.

📌 In September 2025, Fujitsu (with SC Ventures and RIKEN) announced work on a 1,000-qubit superconducting quantum computer, targeting launch in fiscal 2026.

📌 In July 2025, Japan committed ¥50 billion (~$335 million) to accelerate industrialization of its domestic quantum tech sector, supporting startups and scaling R&D.

Market Dynamics:

✅Driver: Increasing demand for advanced computing to solve complex problems in cryptography, AI, and pharmaceuticals is driving investment in quantum technologies.
✅Restraints: High development costs and limited availability of skilled researchers slow down commercialization.
✅Opportunities: Growing government and corporate funding is opening pathways for breakthroughs in quantum software and hardware.
✅Challenges: Scalability, error correction, and maintaining qubit stability remain major technical hurdles.

Segmentation Analysis of the Market:

Global Quantum Computing Market forecast report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Quantum Computing Market, By Offering (Hardware, Software, Service) By Deployment Type (On-premises, Cloud-based) By Technology (Quantum Dots, Trapped Ions, Quantum Annealing) By Application (Optimization, Simulation and Data Problems, Sampling, Machine Learning, Others) By End-User (Banking, Financial Services and Insurance, Aerospace & Defense, Manufacturing, Healthcare, IT & Telecom, Energy & Utilities, Others)

Research Methodology:

- Primary Research: This method involves collecting new and original data for a specific purpose. Primary research is often conducted through surveys, interviews, focus groups, and observation. It enables researchers to obtain first-hand information directly from the target audience, which is especially useful when researching a new or emerging market.

- Secondary Research: This method involves analyzing and synthesizing existing data from various sources such as industry reports, government publications, academic research, and online databases. Secondary research can provide researchers with valuable insights into industry trends, consumer behavior, and Quantum Computing market size and growth, without the need for extensive data collection.

Most research studies use a combination of both primary and secondary research methods to ensure comprehensive and accurate data analysis. The specific methodology used in a Quantum Computing market research study will depend on various factors such as the research objectives, the target audience, and the available resources.

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Regional Outlook:

The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

South America (Brazil, Argentina, Rest of SA)

Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

The analysis objectives of the report are:

- To determine the size of the Global Quantum Computing Market by identifying its sub-segments.

- To research the key players and analyze their growth strategies.

- To assess the size and value of the Global Quantum Computing Market based on key regions.

- To analyze the Global Quantum Computing Market in terms of growth trends, potential, and participation in the overall sector.

- To investigate the Global Quantum Computing Market size (volume and value) from the company, key regions/countries, goods and applications, and background data.

- Primary Global Quantum Computing Market manufacturers to specify, clarify, and analyze the product sales volume, value, and market share, market rivalry landscape, SWOT analysis, and future development plans.

- To investigate market competitive developments such as market expansions, agreements, new product launches, and acquisitions.

Reasons to buy:

- Quantum Computing Market Report segments the market based on economic and non-economic aspects and offers a qualitative and quantitative analysis of the market.

- Market value information is provided for each segment and sub-segment in the Quantum Computing Market study.

- The region and market segment identified in this study are those predicted to expand the fastest and account for the majority of market shar

- The Quantum Computing Market Analysis by Geography emphasizes the product or service's consumption in the area and identifies the market-affecting variables for each region.

- The major players' market rankings, as well as the recent partnerships, service/product launches, business expansions, and acquisitions of the companies profiled, are all included in the competitive landscape.

- Extensive company profiles for the top market players, including business overview, company insights, product benchmarking, and SWOT analysis.

- The industry's present and upcoming market outlook in consideration of recent changes, including growth possibilities and drivers as well as obstacles and restrictions in both developing and emerging regions.

- The Quantum Computing Market offers comprehensive market analysis from a variety of angles using Porter's five forces analysis, as well as market insight using the Value Chain.

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The report answers a number of crucial questions, including:

- Which companies dominate the global Quantum Computing market?

- What current trends will influence the market over the next few years?

- What are the market's opportunities, obstacles, and driving forces?

- What predictions for the future can help with strategic decision-making?

- What advantages does market research offer businesses?

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