Gartner: over half of quantum startups will fold by 2030

Gartner predicts more than half of the 200–300 quantum computing startups will go out of business by 2030 as the market struggles to generate commercial revenue. Worldwide quantum revenue is forecast to reach $1.1 billion in 2027, up from $869.9 million in 2026, with the public sector and financial firms as the biggest spenders.

• More than half of 200–300 quantum startups will shut down by 2030
• Quantum market revenue: $869.9 million in 2026, $1.1 billion in 2027
• Public sector to spend $245 million in 2027; banks to overtake it in 2028 with $289 million
• Gartner advises CIOs to treat quantum as a multi-year endeavor