Quantum Computing Compound Annual Growth Rate: 25% We are in the midst of a U.S. and China “Quantum Computing Arms Race.” One that will result in groundbreaking computing power, enabling disruptive new technologies. Quantum computers “will have the potential to change long-held dynamics in commerce, intelligence, military affairs and strategic balance of power.”
The realization of a quantum computer will lead to a fourth industrial revolution computing power, with wide-reaching transformational applications. There is financial gain in this new technology.
An on-going report, The Quantum Computing Market & Technologies – 2018-2024 Report “estimates that the global quantum computing market will grow” at a compound annual growth rate [CAGR] of nearly 25% during the next six years.
With the current surge in quantum computing technology interest, from research to commercialization, we should be seeing a surge in new commercial offerings over the next several-plus years. As an investment, the foundation is more rapidly coming into shape.