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Quantum Computing Advances Toward Commercial Viability

Quantum Computing Advances Toward Commercial Viability

First seen 11 Jun 2026, 19:37 UTC

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ThreatCluster AI
ThreatCluster June 12, 2026 at 19:08 UTC
  • Over 300 companies are now working with quantum technology vendors.
  • Quantum computing could generate $2.7 trillion in economic value by 2035.
  • IBM plans to achieve quantum advantage by the end of 2026.

Quantum computing is transitioning from experimental to commercial use, with over 300 companies, including major players like Airbus and JPMorgan Chase, actively engaging with quantum technology vendors. A McKinsey report predicts that quantum computing could generate up to $2.7 trillion in economic value by 2035, with industries such as energy, finance, and pharmaceuticals poised to benefit significantly. In 2025, quantum computing companies generated over $1 billion in revenue, expected to rise to $4.4 billion by 2028. The technology's ability to process complex calculations at unprecedented speeds is reshaping industries, making it a critical area of investment and development. IBM aims to achieve quantum advantage by the end of 2026, further emphasizing the urgency of advancements in quantum chip manufacturing.

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Timeline

2025-01-01
Quantum computing companies generated over $1 billion in revenue
In 2025, quantum computing companies reported revenues exceeding $1 billion, marking a significant milestone for the industry.
Consulting.Us
2026-06-10
McKinsey report reveals quantum computing's commercial turning point
The 2026 Quantum Technology Monitor indicates a shift towards commercial applications, with over 300 companies engaged in quantum technology.
Consulting.Us
2026-06-11
IBM aims for quantum advantage by end of 2026
IBM announced its target to achieve quantum advantage by the end of 2026, pushing forward its quantum computing initiatives.
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