According to the 2025 State of the Global Quantum Industry Report released by the Quantum Economy Development Alliance (QED-C), the global quantum industry revenue in 2024 has exceeded $1.45 billion, while the demand for quantum-related jobs has surged, and private investment has reached an all-time high. China continues to lead the way in terms of public investment and the number of patent applications filed in the quantum sector. This report expands on previous editions to provide a comprehensive analysis of the key drivers of the global quantum industry, including revenue, number of companies, government and private investment, patent applications, and more. In addition, for the first time, the report covers the quantum talent market and the scale of the quantum sensing industry, providing a global benchmark for future industry growth trends.
The overall growth of the quantum industry is strong, and key areas continue to expand
Celia Merzbacher, Executive Director of QED-C, said: "This report shows that the global quantum industry is in good shape and is expected to continue to drive scientific and technological progress and have a profound impact on society. At the same time, we are pleased to systematically compile statistics on the global quantum industry's talent landscape and quantum sensing market revenue for the first time, which will provide an important reference for stakeholders in related fields.”
Quantum industry revenue
In 2024, the global quantum industry revenue is expected to exceed $1.45 billion, of which quantum computing contributes about $1.07 billion, and the quantum sensing market size reaches $375 million.
According to the report, quantum computing revenue is growing at a rate of 27% per year and is expected to reach $2.2 billion by 2027; Quantum sensing revenue is growing at an average annual rate of 25% and is expected to grow to $732 million by 2027.
Quantum enterprise distribution
As of 2024, there will be 513 "pure quantum" companies focusing on quantum technology in the world, and nearly 6,000 institutions (including industry, academia, etc.) that are "partially involved" in quantum technology.
Geographically, Europe and Central Asia and North America together account for 87% of the total number of pure quantum enterprises in the world. At the national level, the United States leads the way, followed by the United Kingdom, Germany, Canada, and France.
In terms of business direction, 37% of quantum enterprises focus on hardware components, 15% are involved in software development, and another 15% are focused on quantum communication and security.
Chart: The global quantum industry's revenue will exceed $1.45 billion in 2024
Quantum Talent Marketplace
For the first time, this report provides a detailed analysis of the current state of talent in the global quantum industry, with key data including:
In 2024, the total number of employees in the global pure quantum enterprise will be approximately 14,517;
The number of quantum-related jobs and internships reached 7,400, an increase of 55% compared to 2021;
Europe and Central Asia have the highest demand for quantum talents, followed by North America.
Among the industry practitioners, 25% are engaged in engineering-related work, 12% are in the field of information technology, and another 12% are engaged in research and business development.
Quantum investment
Over the past year, governments have invested $3.1 billion in new quantum technologies, bringing the total global public investment to about $44.5 billion. China ranks first with $15 billion in 34% of global government investment, followed by the United States ($7.7 billion) and the United Kingdom ($4.3 billion).
In terms of private investment, VC capital poured into the quantum technology sector in 2024, reaching a record high of US$2.6 billion, a recovery from 2023. The U.S. leads the way in quantum venture capital investments, followed by the U.K. and Australia.
Quantum patent layout
China continues to lead the world in quantum patent filings. Between 2020 and 2024, China filed more than half of the world's quantum-related patents, about four times the number of patents in the United States during the same period.
