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Home Press Release GlobeNewswire

Global quantum budgets set to surge by 20% as confidence grows globally

January 22, 2025
in GlobeNewswire, Web3
Reading Time: 5 mins read
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BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) — New research from QuEra Computing, the leader in neutral-atom quantum computing, today revealed growing confidence in quantum adoption, with global budgets for quantum applications projected to rise nearly 20% in 2025. The findings show that while high costs, talent gaps, and uncertainty around ROI remain significant barriers, 65% of respondents feel prepared to adopt quantum within the next two to three years, while only 21% admit they are not yet ready to benefit from quantum technology. The findings were published today as part of QuEra’s Quantum Readiness Report 2025 and survey conducted with over 750 quantum computing academics, scientists and professionals across the globe.

According to the research, the projected growth in both confidence and investment reflects a growing recognition of quantum computing’s potential to address complex challenges and drive innovation in key sectors. Yet, adoption still faces significant challenges, with high costs (51%), a lack of skilled talent (45%), and unclear business value (45%) identified as the top barriers. To address these obstacles, organizations are prioritizing cost-effectiveness (45%), access to cutting-edge technology (37%), and availability through cloud platforms (33%) as critical factors shaping their quantum purchasing decisions.

Yuval Boger, Chief Commercial Officer, QuEra, comments: “Quantum computing is at a turning point, with investments surging and adoption rapidly gaining momentum. Organizations are recognizing the critical need to address challenges like access to leading-edge technology as they prepare to seize the opportunities ahead. At QuEra, we’re focused on advancing neutral-atom quantum technology to ensure businesses are ready to lead as the quantum era unfolds.”

The research also revealed significant disparities in readiness between the US and Europe, reflecting a blend of optimism and ongoing challenges as the industry prepares for rapid growth.

The United States stands out as the leader in quantum computing adoption, with 70% of respondents globally identifying it as the global leader. This reflects a strong ecosystem driven by government funding, academic excellence, and private sector innovation.

In contrast, confidence in Europe’s competitiveness remains comparatively lower. Only 14% of respondents believe the EU is leading in quantum computing adoption, while just 2% identify the UK as a leader. The results reflect respondents’ assessment of how their country is progressing in adopting quantum computing and how well-positioned it is to play an important role in the global quantum industry.

Despite this, while most respondents agree that the US is leading the race, only 28 % actively seek the best technology globally. Nearly half (48%) continue to source technology locally – either in-house (20%), from country providers (12%), or regional providers (16%) – underscoring the continued importance of localized solutions in the quantum ecosystem.

Yuval Boger adds: “The disparity in quantum confidence and readiness across regions underscores the need for greater collaboration, investment, and knowledge-sharing on a global scale.”

From a technological perspective, neutral atoms (33%) and superconducting qubits (31%) emerged as the most promising modalities for achieving scalable applications. These findings reflect growing consensus around the leading technologies driving the next phase of quantum innovation. Industries are increasingly leveraging quantum to tackle challenges such as molecular simulations in healthcare and risk optimization in finance.

Download the full Quantum Readiness Report 2025 here. To learn more about QuEra’s role in driving quantum innovation, visit quera.com.

About QuEra
QuEra Computing is the leader in developing and productizing quantum computers using neutral atoms, widely recognized as a highly promising quantum computing modality. Based in Boston and built on pioneering research from Harvard University and MIT, QuEra operates the world’s largest publicly accessible quantum computer, available over a major public cloud and for on-premises delivery. QuEra is developing useful, scalable and fault-tolerant quantum computers to tackle classically intractable problems, becoming the partner of choice in the quantum field. Simply put, QuEra is the best way to quantum. For more information, visit us at quera.com and follow us on X or LinkedIn.

Media Contact
Merrill Freund
press@quera.com
+1-415-577-8637

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/50a5b3e8-bd02-42b2-8dea-12d287162b31

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