We found this analysis from The Register to be simple, short, and to-the-point. It’s in parallel with what we are beginning to see. From comments left by readers, one strikes us over and over: “That’s still a lot of people paying a lot of money for something that doesn’t work now, and still wont work in 2027” – druck. We’re not sure what cheek this punch landed on. Perhaps it was right on the chin. We recommend the full article at the link below. Because Quantum is Coming. Qubit
Quantum computing to grow by 50 per cent per year until 2027, when revenue will still be chump change
+ Investments in the quantum computing market – including those made both privately and publicly – are estimated to grow at a six-year CAGR (2021–2027) of 11.3 per cent to almost $16.4 billion by the end of the six-year period. That’s about twice what the entire quantum industry’s annual revenue is expected to hit the same year.
“Like any breakthrough technology of the last few decades, the industry will pour billions of dollars into making the technology commonplace and ready for mass adoption,” reports IDC.
+ The analyst firm reckons 2021 is a “pivotal year” for the industry, as this is the time that vendors are making significant efforts to define quantum computing roadmaps, find new funding opportunities or partner up – all to prime their “quantum ecosystem” for the day it pays off down the road.
+ When markets are new, small change makes for impressive results – like a New Year’s resolution to start exercising that makes the first journey off the couch an infinite improvement on previous lack of efforts. Rapid growth for quantum computing is therefore to be expected. How long it will take to produce something sleek and eye-catching – rather than just sweat and effort – remains uncertain.
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