back to article Quantum computing to grow by 50 per cent per year until 2027, when revenue will still be chump change

Don't rush to convert your analog computing skills into the quantum realm – analyst firm International Data Corporation (IDC) reckons that in 2027 the annual market for quantum computing globally will still only be worth $8.6 billion. Which sounds like a lot, but really isn't. While the firm predicts quantum tech will grow …

  1. Filippo Silver badge

    Or, in other words, quantum computing is projected to be a specialist field, with important specialist applications. That's quite respectable, if it happens.

    1. Anonymous Coward
      Anonymous Coward

      HR will make 8 years Quantum computing experience mandatory in Job specs when it's finally developed.

  2. Len
    Headmaster

    €1.8 billion from French government

    Do those amounts include the €1.8 billion that the French government have poured into developing a quantum computing research ecosystem? I was quite impressed when I read that.

    What Europe can learn from France when it comes to quantum computing

    And I suppose it makes sense. For a country the size of France, 1.8 bn is chump change but if it can help spur an industry to rival China and the US then it's money well invested. If it doesn't provide a return on investment in ten years it's a shame but no major issue.

    1. Anonymous Coward
      Anonymous Coward

      Re: €1.8 billion from French government

      Australia have been putting money into quantum computing since the 1990s. They currently fund the Centre for Quantum Computation and Communication Technology:

      https://www.cqc2t.org/

    2. Anonymous Coward
      Anonymous Coward

      Re: €1.8 billion from French government

      No, its a big issue as it means your assessment criteria aren't great and that research money could've gone elsewhere to something better.

      Like fusion (snigger!)

  3. druck Silver badge

    A fool and their money are easily parted.

    That's still a lot of people paying a lot of money for something that doesn't work now, and still wont work in 2027.

    1. Ian Johnston Silver badge

      Re: A fool and their money are easily parted.

      That's why nobody dares to take the lid off and look inside.

      1. LionelB Bronze badge

        Re: A fool and their money are easily parted.

        Well sure, they don't want to kill the cat.

  4. amanfromMars 1 Silver badge

    Chump Change vs Champion Commission Charge

    If you believe the revenue quantum will generate will still be only chump change as opposed to overwhelmingly futures and markets leading, be respectfully advised that you are fundamentally and radically mistaken and misinformed.

    And as virtually and relatively unknown as it might be to many a bod/bot, quantum is certainly presently in many specialised circles* widely recognised as a vital subject of immediate interest because of its unprecedented disruptive power and unrivalled revolutionary growth potential.

    * ..... https://www.nationaldefensemagazine.org/articles/2021/11/29/nations-vie-for-growing-quantum-cryptography-market

  5. Doctor Syntax Silver badge

    There seems to be a misplaced B in the subheading.

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