The rise of quantum computing

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How quantum computing could change the world
Quantum computing, an emerging technology that uses the laws of quantum mechanics to produce exponentially higher performance for certain types of calculations, offers the possibility of major breakthroughs across sectors. Investors also see these possibilities: Funding of start-ups focused on quantum technologies more than doubled to $1.4 billion in 2021 from 2020. Quantum computing now has the potential to capture nearly $700 billion in value as early as 2035, with that market estimated to exceed $90 billion annually by 2040. That said, quantum computing’s more powerful computers could also one day pose a cybersecurity risk. To learn more, dive deeper into these topics:
  • how quantum computing could speed up technologies to achieve net zero
  • latest developments in the quantum computing ecosystem and the looming talent gap
  • how quantum computing simulating complex molecules could accelerate drug research
  • options to consider as quantum computing may be able to crack encryption as early as 2030
Read more
illustration of eye in dots
Quantum computing funding remains strong, but talent gap raises concern
Our latest Quantum Technology Monitor shows industry interest remains strong, China is upping its game, and talent shortages require attention.
Learn the latest trends   >
Quantum computing use cases are getting real--what you need to know
Quantum computing use cases are getting real—what you need to know
A burgeoning quantum-computing ecosystem and emerging business use cases promise to create significant value for industries—if executives prepare now.
Read the full report   >
Beauty tech flower
Quantum computing just might save the planet
Exponentially more powerful machines could make possible major reductions in emissions, putting the goal of limiting global warming within reach.
Understand the potential   >
illustration of Jeremy O'Brien
How quantum computing can help tackle global warming
Quantum computing has the potential to drive the major breakthroughs needed to help solve the climate crisis. A pioneer in the field discusses how his company is seeking to harness this technology for large-scale climate-change mitigation.
Be bold   >
How quantum computing could change financial services
How quantum computing could change financial services
Fully scaled quantum technology is still a way off, but some banks are already thinking ahead to the potential value.
3 key elements   >
Pharma's digital Rx: Quantum computing in drug development
Pharma's digital Rx: Quantum computing in drug research and development
Quantum computing's ability to simulate larger, more complex molecules could be game changing. Pharmaceutical companies should reflect on their strategic stance to this promising new technology now.
See potential use cases   >
Will quantum computing drive the automotive future?
Will quantum computing drive the automotive future?
As quantum computing comes closer to reality, automotive players are exploring its potential.
Look closer   >
A quantum wake-up call for European CEOs
A quantum wake-up call for European CEOs
Quantum computing could significantly reshape key industries in Europe. The region's executives and entrepreneurs should act now to harness its potential.
Turn risk to opportunity   >
broken pieces
When—and how—to prepare for post-quantum cryptography
While quantum computers may not be able to crack conventional encryption protocols until 2030, many cybersecurity and risk managers should evaluate their options now.
Evaluate your options   >
MORE FROM MCKINSEY
Leading the way in quantum computing
Leading the way in quantum computing
As a senior capabilities & insights analyst, Linde is driving the firm’s goal to be a thought leader in quantum computing.
Be a game changer   >
Redefine your career at QuantumBlack
Redefine your career at QuantumBlack
At QuantumBlack, AI by McKinsey you’ll tackle critical problems faced by the world’s leading organizations—and society—while collaborating with the brightest strategic, data science, and engineering minds.
Unleash the potential   >
To see more essential reading on topics that matter, visit McKinsey Themes.
— Curated by Katherine Tam, a digital editor based in New York
McKinsey & Company
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