Quantum computing could generate up to USD 2.7 trillion in economic value by 2035: McKinsey
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The report says quantum computing could create up to $2.7 trillion in economic value by 2035, so companies that act now on talent, technology and partnerships may capture a significant share of that growth.
Quantum computing could generate between USD 1.3 trillion and USD 2.7 trillion in economic value worldwide by 2035, but businesses need to invest in talent, technology and partnerships now to secure an early advantage, according to a report by McKinsey & Company.
Quantum computing uses quantum-mechanical phenomena to perform calculations far faster than classical computers, and consulting firm McKinsey regularly publishes forecasts on technology-driven economic impacts.
- •Companies announcing new quantum‑computing research hires or collaborations
- •Governments or firms releasing funding programs for quantum technology development
- •Updates on industry standards or commercial quantum hardware releases