The enterprise quantum computing market will surge to over $18 billion by 2030, according to a new report, though it will still only represent two percent of the $955 billion Cloud Services market. The Business Research Company forecasts a 31% compound annual growth rate through the end of the decade, despite quantum computing comprising just 0.1% of the overall $13.788 trillion Information Technology industry. Understanding this ecosystem is important for recognizing opportunities for innovation, growth and strategic alliances in this rapidly advancing field.
$18 Billion Forecast for Enterprise Quantum Computing by 2030
Hardware components are projected to command the largest share of the enterprise quantum computing market by 2030, accounting for 47% of the total value, or $9 billion. This dominance stems from ongoing progress in the development of high-performance quantum processors and increased investment in the infrastructure needed for stable operations, including cryogenic systems and quantum control mechanisms. Improvements in qubit architecture are also significantly contributing to enhanced reliability and capabilities within these systems.
The Business Research Company forecasts that this hardware segment will be a key driver of overall market expansion in the coming years. North America is expected to be the leading regional market for enterprise quantum computing in 2030, with a projected valuation of $6.9 billion, a substantial increase from $2.0 billion in 2025.
This growth, representing a compound annual growth rate of 28%, reflects considerable investment in both quantum research and its commercial applications, as well as collaborative efforts between technology companies and academic institutions. Government funding directed toward accelerating quantum innovation and infrastructure development is also playing an important role in this regional expansion. The United States, in particular, is expected to dominate the landscape, reaching a market size of $6.6 billion by 2030, up from $1.9 billion in 2025, with a CAGR of 29%.
The company’s quantum division provides a comprehensive portfolio of offerings, including quantum hardware, cloud-based quantum services, software development tools and enterprise solutions. These resources support complex workloads, algorithm development and secure research environments, catering to diverse industry sectors. The market remains moderately fragmented, with the top 10 players collectively accounting for 21% of total revenue in 2025.
High barriers to entry, including the complexity of quantum hardware, substantial research costs and a limited pool of qualified quantum engineers, contribute to this fragmentation. Companies are maintaining their positions by advancing quantum platforms, expanding cloud quantum services, supporting enterprise collaborations and continually innovating in hardware, software, and application development, The Business Research Company says. The increasing demand for quantum-enabled optimization, simulation, cryptography, and artificial intelligence computation is expected to further reinforce these competitive advantages.
Three primary factors are driving the rapid expansion of the global enterprise quantum computing market through 2030. Rising investment in quantum research and development, fueled by governments, tech firms, venture capitalists and research organizations, is encouraging innovation and building essential infrastructure, contributing approximately 2.3% annual growth. The increasing need for high-performance computing across industries, ranging from healthcare and finance to aerospace and manufacturing, is also driving demand, adding roughly 1.9% annual growth.
Finally, the broader adoption of quantum technologies in sectors such as healthcare, finance and scientific research, through applications like drug discovery, molecular simulation and fraud detection, is generating commercial value and contributing approximately 1.5% growth annually. An example of this accelerating commercial adoption occurred in May 2025 when IBM Corporation, Tata Consultancy Services, and the Government of Andhra Pradesh unveiled India’s largest quantum computer at the Quantum Valley Tech Park.
This system, powered by IBM Quantum System Two with a 156-qubit Heron processor, supports scalable quantum infrastructure and cloud-based enterprise access. It aims to encourage collaboration between academia and industry while supporting applications in areas such as life sciences, materials science, supply chain management, energy optimization, cryptography and sustainable manufacturing.
Leading companies are focusing on strategies such as advancing fault-tolerant quantum computing for enterprise-scale commercial uses, using hybrid quantum-classical computing to streamline business processes, and offering cloud-based quantum platforms to increase accessibility worldwide. The hardware, software, and services segments are expected to add over $13 billion in value by 2030, with hardware projected to grow by $6 billion, software by $4 billion and services by $3 billion from 2025 to 2030.
See today’s quantum computing news on Quantum Zeitgeist for the latest breakthroughs in qubits, hardware, algorithms, and industry deals.
