Quantum Artificial Intelligence (QAI) Market Size to Reach USD 3,736.1 Million in 2032

KOLKATA, India - June 24, 2025 - PRLog -- The rapid expansion of Quantum-as-a-Service (QaaS) is a major driver of revenue growth in the Quantum Artificial Intelligence (QAI) market. Leading cloud providers and quantum technology companies offer QaaS platforms that enable organizations to utilize quantum algorithms for AI-powered applications. For instance, in March 2023, Oxford Quantum Circuits (OQC), a leading Quantum Computing as a Service (QCaaS) provider, partnered with Equinix to expand global access to one of the most powerful quantum computers.

However, the high cost associated with quantum computing infrastructure is a significant barrier to the revenue growth of the market. Quantum systems depend on highly specialized components, such as superconducting qubits, cryogenic cooling systems, and sophisticated error correction technologies, which result in considerable capital and operational expenditures.

Segments Market Overview and Growth Insights:

Based on application, the Quantum Artificial Intelligence (QAI) market is segmented into optimization & simulation, data analytics & pattern recognition, drug discovery & molecular simulation, quantum cryptography, and others.

The quantum cryptography segment is expected to experience strong revenue growth during the forecast period due to the increasing need for advanced cybersecurity solutions in response to escalating cyber threats and data breaches. According to the FBI's Internet Crime Complaint Center (IC3), 800,944 complaints were reported in 2022, leading to losses exceeding USD 10.3 billion.

Regional Market Overview and Growth Insights:

North America held the largest revenue share in 2024 due to the strong government backing, significant private sector investments, and the presence of major technology firms. The U.S. government has played a crucial role in advancing quantum technologies through substantial funding initiatives, including the National Quantum Initiative Act.

Competitive Landscape and Key Competitors

List of major players included in the market report are: Google LLC, Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., D-Wave Quantum Systems Inc., NVIDIA Corporation, IonQ, Inc., Rigetti Computing, Quantinuum, Intel Corporation, 1QB Information Technologies, Atos Quantum, Xanadu, and Atlantic Quantum.

Major Strategic Developments By Leading Competitors

SECQAI: On February 6, 2025, SECQAI, a UK-based company specializing in ultra-secure hardware and software and a participant in the NATO DIANA initiative, announced the launch of the world's first hybrid Quantum Large Language Model (QLLM).

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