According to Precedence Research, the global quantum AI market size is expected to attain around USD 6,959.29 million by 2034 increasing from USD 351.29 million in 2024, with a CAGR of 34.80%.
Quantum AI Market Key Points
- In 2024, North America led the market, capturing over 40% of the total share.
- The Asia Pacific region is anticipated to register a remarkable CAGR of 37.8% during the forecast period.
- By component, the hardware segment accounted for the largest market share of 40% in 2024.
- By component, the software segment is projected to experience the fastest growth over the forecast period.
- By deployment mode, the on-premises segment held the dominant share of the market in 2024.
- By deployment mode, the cloud-based segment is expected to grow at the highest rate during the forecast timeframe.
- By application, the machine learning & optimization segment recorded the largest share of the market in 2024.
- By application, the quantum security & cryptography segment is expected to expand significantly in the coming years.
What Is the Role of Artificial Intelligence in Advancing Quantum Computing?
AI plays a crucial role in enhancing the development and functionality of quantum computing. It aids in designing efficient quantum algorithms, optimizing quantum circuits, and improving error correction by identifying and mitigating noise in quantum systems. AI also supports real-time calibration and performance tuning of quantum hardware, making systems more stable and reliable.
Additionally, AI enhances quantum simulations for applications like drug discovery and materials science and facilitates hybrid quantum-classical computing by intelligently managing task allocation. It also plays a key role in advancing quantum machine learning and optimizing resource management in quantum computing environments, helping to accelerate the path toward practical quantum advantage.
What Is Quantum AI and How Is It Transforming the Future of Technology?
Quantum AI is the fusion of quantum computing and artificial intelligence, aiming to leverage the strengths of both to tackle problems that are too complex for traditional systems. Quantum computing introduces new ways of processing information using qubits, which can exist in multiple states simultaneously, vastly increasing computational capacity. When combined with AI, this allows for faster data processing, more efficient algorithm training, and deeper insights from complex data sets.
One of the most promising aspects of Quantum AI is its potential to accelerate machine learning tasks. Quantum neural networks and quantum-enhanced machine learning models can identify patterns and relationships in data far more efficiently than classical systems. This has practical applications in areas like healthcare (e.g., drug discovery and diagnostics), finance (e.g., risk assessment and fraud detection), and cybersecurity (e.g., threat detection and quantum encryption).
Additionally, Quantum AI can solve large-scale optimization problems and improve reinforcement learning processes, making it a powerful tool for industries such as logistics, autonomous systems, and climate modeling. Although still in the early stages, Quantum AI holds transformative potential for the future of computing and intelligent decision-making.
What Is the Detailed Regional Outlook of the Quantum AI Market?
North America: Market Leader with Robust Growth
North America stands as the dominant region in the quantum AI market, holding the largest share as of 2024. The U.S. is the primary driver, with a market size of USD 95.55 million in 2024 and a projected value of around USD 1,930.68 million by 2034, growing at a CAGR of over 35%.
This leadership is attributed to the region’s advanced technological infrastructure, significant investments in research and development, and a thriving ecosystem of AI and quantum computing companies. Major players such as IBM, Google, Microsoft, and Rigetti are at the forefront, collaborating with academic institutions and research labs to accelerate innovation.
Government initiatives, most notably the U.S. National Quantum Initiative Act, further bolster the region’s position by fostering a favorable environment for research, talent attraction, and commercialization of quantum AI across industries like finance, healthcare, and cybersecurity.
Asia Pacific: Fastest Growing Region
Asia Pacific is projected to be the fastest-growing region in the quantum AI market during the forecast period. This rapid expansion is fueled by increasing government investments in quantum research, strategic national initiatives, and the adoption of quantum technologies across industries.
China, India, Japan, and South Korea are particularly active, with China viewing quantum technology as a strategic asset for national security and global competitiveness. India’s National Quantum Mission aims to bridge technology gaps and drive quantum adoption in sectors such as healthcare and governance. The region also benefits from a large pool of skilled engineers and scientists, which is pivotal for developing and deploying quantum AI solutions.
Asia Pacific’s growth is further supported by collaborations between governments, academia, and industry, positioning the region as a future powerhouse in quantum AI.
Europe: Strong Growth with Collaborative Ecosystem
Europe is experiencing robust growth in the quantum AI market, driven by increased investments in quantum research, a dynamic industrial ecosystem, and a strong emphasis on AI innovation.
The European Union’s Quantum Flagship program and initiatives like EuroHPC JU exemplify the region’s commitment to building a collaborative quantum ecosystem. European companies and governments are investing heavily in R&D, fostering innovation and supporting the commercialization of quantum technologies.
The region’s focus on collaboration between member states, research institutions, and private enterprises is accelerating the development and deployment of quantum AI solutions, particularly in industries such as pharmaceuticals, automotive, and finance.
Market Scope
| Report Coverage | Details |
| Market Size by 2034 | USD 6,959.29 Million |
| Market Size in 2025 | USD 473.54 Million |
| Market Size in 2024 | USD 351.29 Million |
| Market Growth Rate from 2025 to 2034 | CAGR of 34.80% |
| Dominating Region | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Segments Covered | Component, Deployment Mode, Application, and Regions |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Segmental Insights of the Quantum AI Market
Component Insights
The quantum AI market is primarily segmented into hardware and software. In 2024, the hardware segment held the dominant share, as quantum processors, qubits, and related physical infrastructure are foundational for running quantum algorithms. However, the software segment is expected to grow at the fastest rate, driven by the increasing demand for advanced tools and frameworks that can optimize quantum hardware and enable the execution of complex quantum algorithms.
Deployment Mode Insights
Deployment is divided into on-premises and cloud-based models. On-premises solutions led the market in 2024 due to their superior control, security, and customization, which are critical for sensitive applications. Nonetheless, the cloud-based segment is projected to see the highest growth, thanks to its flexibility, scalability, and ability to democratize access to quantum computing resources without hefty upfront investments.
Application Insights
Quantum AI finds applications across several domains. The machine learning & optimization segment captured the largest share in 2024, leveraging quantum computing to process large datasets and enhance predictive analytics for sectors like finance, healthcare, and manufacturing. Meanwhile, the quantum security & cryptography segment is anticipated to grow most rapidly, as industries seek advanced encryption and data protection solutions to counter emerging quantum threats.
What Are the Latest Innovations Driving the Growth of Quantum AI in 2025?
- In April 2025, Terra Quantum launched the closed beta of TQ42 Studio, a comprehensive ecosystem designed to advance hybrid quantum-classical AI development. This release includes the introduction of QAI Hub, a no-code quantum machine learning platform, and Qode Engine, a Python SDK, both aimed at simplifying and accelerating the development of quantum-enhanced AI applications.
- Earlier, in February 2025, Quantinuum unveiled its Generative Quantum AI (Gen QAI) framework. This innovative platform leverages quantum-generated data to unlock commercial applications across various domains. These include the discovery of new medicines, accurate predictive modeling in financial markets, and the real-time optimization of global logistics and supply chains—addressing complex challenges that are beyond the capabilities of classical computing.
What Roles Do Leading Companies Play in the Quantum AI Market?
Amazon Web Services (AWS): Provides Amazon Braket quantum cloud service, enabling access to various quantum hardware and software for AI and optimization tasks.
D-Wave Quantum Inc.: Commercial quantum annealing systems provider with Leap Quantum Cloud Service for quantum optimization in AI/ML workloads.
Fujitsu: Develops quantum-inspired optimization solvers used in logistics and supply chain AI applications.
Google LLC: Leader in quantum hardware and software development, advancing quantum AI algorithms and cloud quantum services.
Hitachi, Ltd.: Develops quantum annealing and CMOS annealing processors for optimization problems, offering cloud quantum services.
IBM Corporation: Pioneer in quantum computing with IBM Quantum cloud platform, integrating quantum computing and AI for machine learning and optimization.
Intel Corporation: Focuses on quantum hardware development, including qubit technologies relevant to quantum AI.
Microsoft: Provides Azure Quantum platform, supporting quantum AI research and cloud-based quantum computing.
SandboxAQ: A key U.S. player collaborating on quantum AI innovations, especially in cybersecurity and advanced computations.
Toshiba Corporation: Engaged in quantum cryptography and research on quantum computing applications for AI and security.
Source: https://www.precedenceresearch.com/quantum-ai-market
