A market forecast pegging global quantum computing and communications revenues at $6.93 billion by 2030 underscores how rapidly the sector is moving from laboratory research toward commercial deployment.

The projection, contained in the “Quantum Computing And Communications Market Global Report 2026” published by ResearchAndMarkets.com, reflects a sustained compound annual growth rate of 35.2% through the end of the decade.

That trajectory is already visible in near-term data, with the market valued at $1.53 billion in 2025 and expected to climb to $2.07 billion in 2026, a year-on-year expansion rate of 35.6%.

Corporate deal activity is reinforcing the commercialization narrative, most notably in March 2026 when Quantum Computing Inc. acquired NuCrypt LLC for $5 million to bolster its integrated photonics and quantum communications portfolio.

The NuCrypt transaction brings quantum optical instrumentation, photonic systems and secure communications technologies into Quantum Computing Inc.’s development roadmap, broadening its range of commercial quantum solutions.

On the innovation front, Finland-based IQM Quantum Computers launched IQM Halocene in November 2025, an open and modular on-premises platform specifically engineered to advance quantum error correction research.

The platform incorporates an open modular error-correction stack and supports scalable logical qubit development alongside high-fidelity quantum processing, positioning IQM to help clients accelerate work toward fault-tolerant systems.

Geographically, North America held the leading position in the quantum computing and communications market during 2025, backed by dense research networks, private capital and extensive government support programs.

Asia-Pacific is forecast to post the fastest regional growth rate over the coming years as investment in quantum research infrastructure, communication networks and early commercial applications gathers pace across the region.

Public-sector demand is also amplifying the broader technology investment cycle, with the UK Central Digital and Data Office reporting in November 2023 that its Government Digital and Data profession expanded by 19% between April 2022 and April 2023.

That kind of institutional capacity-building creates a more receptive environment for quantum-enabled technologies as governments seek computational tools capable of handling increasingly complex data and security requirements.

Key technological developments shaping the competitive landscape include advances in fault-tolerant architectures, quantum repeaters, scalable processors and quantum key distribution systems designed to protect sensitive information flows.

Demand is spreading across a wide range of end-use sectors, including aerospace and defense, banking and financial services, healthcare, automotive and energy, all of which require high-performance data processing and secure communications.

Among the companies profiled in the report are International Business Machines Corporation (NYSE: IBM), IonQ Inc. (NYSE: IONQ), Quantinuum, PsiQuantum, Quantum Brilliance, D-Wave Quantum, Rigetti Computing and PASQAL, reflecting a competitive field spanning hardware, software and services.

Wider adoption of quantum computing as a service, growing deployment of quantum communication networks and rising enterprise demand for quantum-secured data exchange are identified as the primary forces sustaining growth through 2030.