Saturday, April 27, 2024

Steady progress in approaching the quantum advantage - McKinsey Digital

Quantum technology could create value worth trillions of dollars within the next decade. The third annual Quantum Technology Monitor synthesizes the latest opportunities in this burgeoning field. A year of strong funding coupled with sturdy underlying fundamentals and significant technological advances reflected strong momentum in quantum technology (QT). Updated McKinsey analysis for the third annual Quantum Technology Monitor reveals that four sectors—chemicals, life sciences, finance, and mobility—are likely to see the earliest impact from quantum computing and could gain up to $2 trillion by 2035.