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New research from Naoris Protocol, pioneers in Post-Quantum Infrastructure, reveals IT Directors at major global corporations are significantly increasing quantum computing budgets in anticipation of transformative industry impacts (please see the attached press release).
RELATED: Quantum computing is coming for Web3 and research reveals most IT directors say they are not ready
An overwhelming 84% of IT Directors expect quantum computing to have either a “huge” (29%) or “big” (55%) impact on their industries within five years, with only 16% predicting minimal effects.
The comprehensive global study—surveying IT leadership at organizations with minimum annual revenues of $300 million across the US, UK, EU, and APAC regions—found near-universal quantum technology adoption, with 99% of respondents already allocating budget to quantum solutions. Notably, 41% are currently investing 10% or more of their technology budgets in this emerging field.
According to the study by Naoris, 85% of organizations expect to allocate at least 10% of their technology budget to quantum solutions within the next five years. Around one in five (17%) estimate they will be spending 30% or more on quantum solutions.
Nearly half (48%) of IT directors strongly agree that the future of quantum computing lies in its potential integration with other emerging technologies such as blockchain, AI and advanced machine learning. The other 52% slightly agree with the view.
Around three-quarters (76%) expect the Quantum computing market will be worth $65 billion or more within seven years compared with its $8.6 billion value at the end of last year.
