The market for quantum computing hardware and services will grow at a 50% compound annual rate from $475 million last year to roughly $2.5 billion by 2025 and $19 billion by 2030, Cowen analysts say. A commercially viable quantum computer is widely expected to be able to penetrate encryption techniques that secure the world’s financial and communications networks. The field has been hammered this year in the tech rout, but investors should monitor the burgeoning field. Almost 40% of large corporations are expected to start their own quantum projects by 2025, according to Gartner.Read Long Article
