Significant quantum advancements were achieved in the last year; the industry now stands at an inflection point
 

Although today's quantum computers remain limited in scale and practical application, we stand at the threshold of a significant technological leap. Quantum computing is rapidly developing. Within the last year, several firms announced groundbreaking new quantum processing units (QPUs).​

While great opportunity can be seen on the horizon, for now quantum remains a nascent industry. Quantum companies generated under $750 million in revenue in 2024. But excitement in the industry is growing. Startups focused on quantum technology attracted about $2 billion in 2024. Looking farther out, some forecasts suggest quantum computing could reach $100 billion in revenue by 2035.