A report by Homeland Security Research estimates that the global market for quantum computing and technologies will grow at a CAGR of 24.6% throughout 2018-2024. By 2024, products and services market would be $8.45 billion while government-funded research and development would be $2.25 billion.

According to CIR, revenue from quantum computing could reach $8 billion by 2027.

Quantum computers should be superior to classical computers for sorting, database lookups, finding prime numbers, simulating molecules, and optimization.