Technology
McKinsey puts quantum value up to $2.7 trillion
The Hindu BusinessLine·
McKinsey and Company said quantum computing could generate between USD 1.3 trillion and USD 2.7 trillion in economic value worldwide by 2035. More than 300 organisations already work with quantum technology providers. Equity investment rose from USD 2.5 billion in 2024 to USD 13.3 billion in 2025. Combined revenue of quantum computing firms crossed USD 1 billion in 2025.
Prism
What It Means For You
- McKinsey said firms that delay investment risk losing partnerships, talent and intellectual property.
- It flagged that advanced quantum computers could eventually break public-key encryption used for sensitive data.
- The report urged companies to build partnerships and internal expertise before large-scale systems arrive.
What's Happening
- McKinsey outlined stages from early commercial adoption toward a wider quantum-enabled economy by 2040.
- It estimated the quantum computing hardware, software and services market could reach USD 60 billion to USD 100 billion by 2035.
- Pharmaceuticals could see up to USD 400 billion in value and chemicals up to USD 800 billion by 2035, it said.
Where the money is moving
- Equity investment in quantum technology jumped from USD 2.5 billion in 2024 to USD 13.3 billion in 2025.
- Combined revenue of quantum computing companies crossed USD 1 billion in 2025 and could reach USD 4.4 billion by 2028.
- Quantum communication could be worth USD 11 billion to USD 15 billion by 2035, McKinsey estimated.
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