Canada Quantum Computing Market Size & Outlook, 2025-2030
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Canada quantum computing market highlights
- The Canada quantum computing market generated a revenue of USD 84.3 million in 2024 and is expected to reach USD 250.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 20.4% from 2025 to 2030.
- In terms of segment, system was the largest revenue generating offering in 2024.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
Quantum computing market data book summary
| Market revenue in 2024 | USD 84.3 million |
| Market revenue in 2030 | USD 250.7 million |
| Growth rate | 20.4% (CAGR from 2025 to 2030) |
| Largest segment | System |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System, Services |
| Key market players worldwide | Accenture PLC Class A, D-Wave Quantum Inc, Alphabet Inc Class C, International Business Machines Corp, Intel Corp, Microsoft Corp, Quantum Computing Inc, Rigetti Computing Inc, Zapata Computing Holdings Inc, Riverlane |
Other key industry trends
- In terms of revenue, Canada accounted for 6.0% of the global quantum computing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. quantum computing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 44.5 million by 2030.
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Quantum Computing Market Scope
Quantum Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Riverlane | View profile | 101-250 | Cambridge, Cambridgeshire, United Kingdom, Europe | https://riverlane.com |
| Zapata Computing Holdings Inc | View profile | - | 100 Federal Street, Floor 20, Boston, MA, United States, 02110 | https://www.zapata.ai |
| Rigetti Computing Inc | View profile | 144 | 775 Heinz Avenue, Berkeley, CA, United States, 94710 | https://www.rigetti.com |
| Quantum Computing Inc | View profile | 48 | No.5 Marine View Plaza, Suite 214, Hoboken, NJ, United States, 07030 | https://www.quantumcomputinginc.com |
| D-Wave Quantum Inc | View profile | 200 | 2650 East Bayshore Road, Palo Alto, CA, United States, 94303 | https://www.dwavesys.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Alphabet Inc Class C | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
Canada quantum computing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quantum computing market will help companies and investors design strategic landscapes.
System was the largest segment with a revenue share of 74.85% in 2024. Horizon Databook has segmented the Canada quantum computing market based on system, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada quantum computing market , including forecasts for subscribers. This country databook contains high-level insights into Canada quantum computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada Deployment - Quantum Computing Market size, 2024 - 2030 (US$M)
Canada Quantum Computing Market Outlook Share, 2024 & 2030 (US$M)
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