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Market Size Forecast Report: Quantum Technology Market Projected to Reach $2.7 Trillion by 2035

McKinsey & Company USA
Overview
This article is an overview of a market research report published by McKinsey & Company. The “2026 Quantum Technology Monitor” report indicates that quantum computing is moving beyond experimental stages toward commercialization. The market is expected to generate up to $2.7 trillion in economic value globally by 2035, with a significant increase in investment in quantum technology startups.
In Depth

This article provides an overview of a market research report published by McKinsey & Company.

Report Overview

  • Publisher: McKinsey & Company
  • Report Title: 2026 Quantum Technology Monitor
  • Market Covered: Global Quantum Technology Market (specifically Quantum Computing)
  • Period Covered: Primarily current market trends and forecasts up to 2035
  • Target Audience: Business leaders, investors, policymakers, technology strategists

Key Findings

  • Quantum computing is transitioning beyond the research and development phase into commercialization.
  • Currently, over 300 companies are actively collaborating with quantum technology vendors to address specific commercial challenges.
  • The entire quantum technology market is projected to generate up to $2.7 trillion in economic value globally by 2035.
  • Investment in quantum technology startups has significantly increased, indicating an active flow of capital into the sector.
  • Cloud-based quantum computing solutions are seeing increased adoption in sectors such as pharmaceuticals, chemicals, and finance.

About the Publisher

McKinsey & Company is a leading global management consulting firm. It provides consulting services to corporations, governments, and non-profit organizations across a broad range of areas including strategy, organization, operations, and technology. The firm is known for leveraging deep industry knowledge and analytical capabilities to help clients solve their most complex challenges.

Source: https://www.consulting.us/news/13514/quantum-computing-reaches-commercial-turning-point-mckinsey-report-finds

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