Quantum Computing Market to Grow at 34.8% CAGR by 2032
Valued at just $885.4 million in 2023, the quantum computing market is still in its early stages. The technology remains largely experimental, with many experts predicting that large-scale, real-world applications are still a decade or more away. Even so, the global quantum computing market is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.8% to reach a valuation of $12.62 billion by 2032. This rapid expansion will be driven by increasing investments from both private and public sectors, technological advancements, and rising demand for high-performance computing solutions across industries. One of the most significant breakthroughs in the…