CITIC Securities: The quantum computing industry is expected to maintain high compound annual growth
A research report by CITIC Securities states that quantum computing is expected to enter a phase of high compound annual growth, with considerable market growth potential. According to forecasts by the Photon Box Research Institute, quantum computing is expected to enter a phase of high compound annual growth. The global quantum computing industry is projected to grow from approximately $5 billion in 2024 to around $800 billion by 2035, accounting for nearly 90% of the quantum technology market and becoming its primary growth engine. The upstream segment of the industry chain is relatively mature and experiencing significant growth, while the downstream segment is in its early stages with enormous growth potential, expected to grow gradually from $270 million in 2024 to $202.67 billion in 2035. The quantum computing procurement market focuses on key upstream equipment, while applications in the downstream research sector are the most prevalent.
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