Trends: Quantum Computing Market Cap Tops $174 Billion

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A recent analysis by Constellation Research found 241 companies in the Quantum Computing space in seven categories driving $8.512 billion in investment to date. A review of funding announcements, deals in pipe, and conversations with investors, demonstrated a tremendous appetite to fund all categories of the quantum ecosystem. The funding to date does not include investments from established digital giants such as Amazon, Google, IBM, Intel, Microsoft, and Nviidia. Across the seven categories, security represented the highest estimated market cap at $124.3 B followed by hardware companies at $23.2B. Full stack vendors who deliver the complete quantum capabilities will drive $14.6 B in estimated market cap.