China Quantum Computing Market Size, Share, Trends and Forecast by Offering, Deployment, Application, End User, and Region, 2026-2034

China Quantum Computing Market Size, Share, Trends and Forecast by Offering, Deployment, Application, End User, and Region, 2026-2034

Report Format: PDF+Excel | Report ID: SR112025A44270

China Quantum Computing Market Summary:

The China quantum computing market size reached USD 258.64 Million in 2025. The market is projected to reach USD 3,564.24 Million by 2034, growing at a CAGR of 33.84% during 2026-2034. The market is driven by unprecedented government investment accelerating quantum technology development through the national venture capital fund and dedicated research laboratories, rapid industry commercialization with healthcare applications deployment showcasing practical quantum computing solutions, and strategic academic-industry integration building comprehensive quantum talent pipelines across universities nationwide. These transformative forces, combined with growing enterprise adoption and expanding cloud-based quantum services, are propelling the China quantum computing market share to new heights.

Particulars

Details

Market Size 2025

USD 258.64 Million

Forecast 2034

USD 3,564.24 Million

CAGR (2026-2034)

33.84%

Key Segments

Offering (System, Services), Deployment (On-premises, Cloud), Application (Optimization, Simulation, Machine Learning, Others), End User (Aerospace and Defense, BFSI, Healthcare, Automotive, Energy and Power, Chemical, Government, Others)

Base Year

2025

Forecast Period

2026-2034


China Quantum Computing Market Outlook (2026-2034):

The China quantum computing market is positioned for exceptional growth, fueled by sustained government backing through massive funding initiatives and dedicated national laboratories focused on quantum information sciences. Strategic integration with artificial intelligence applications and expanding deployment in critical sectors including pharmaceuticals, finance, and defense will create substantial commercial opportunities. Additionally, the maturation of quantum cloud platforms and increasing international collaboration through educational partnerships will accelerate technology adoption, while ongoing efforts to localize supply chains for quantum components will strengthen China's competitive positioning throughout the forecast period.

Impact of AI:

Artificial intelligence is revolutionizing the quantum computing landscape by enabling breakthrough applications in AI model optimization and machine learning enhancement. Quantum computers are successfully fine-tuning billion-parameter AI models through superposition and entanglement capabilities, demonstrating practical integration potential. As quantum systems transition from research laboratories to commercial deployment, the convergence of AI and quantum computing will address computational bottlenecks in advanced AI training, improve algorithmic efficiency dramatically, and enable quantum-enhanced neural networks. This synergy positions quantum-AI integration as a transformative force driving next-generation computing solutions across industries.

Market Dynamics:

Key Market Trends & Growth Drivers:

Unprecedented Government Investment Accelerating Quantum Technology Development

China has emerged as the global leader in quantum computing investment through comprehensive government-backed funding initiatives designed to establish technological sovereignty in strategic emerging industries. A massive national venture capital guidance fund worth 1 trillion yuan (about USD 138 billion) was established by China in March 2025 with a focus on hard technology industries like semiconductors, quantum computing, artificial intelligence, and renewable energy. In order to encourage ground-breaking innovations, this fund, which is organized as a public-private partnership under the direction of the National Development and Reform Commission, takes a longer-term investment strategy with a higher risk tolerance. The greatest single quantum investment made by any country, China's National Laboratory for Quantum Information Sciences alone received USD 10 Billion in direct government support, dwarfing similar projects from the US and the EU. The establishment of specialized quantum research facilities in Hefei and the Guangdong-Hong Kong-Macao Greater Bay Area, supported by a total expenditure of more than 20 billion CNY, demonstrates the government's strategic prioritization of infrastructure development. These facilities function as all-encompassing centers that coordinate research endeavors, promote industry cooperation, and expedite the shift from theoretical research to practical applications. Quantum computing has been listed as one of the top ten items that the Ministry of Industry and Information Technology anticipates for future industries. This indicates that policy support and resource allocation will continue throughout the forecast period. This unprecedented financial commitment, combined with coordinated infrastructure development and explicit policy prioritization, positions China to maintain aggressive momentum in quantum technology advancement and commercial deployment, directly supporting robust China quantum computing market growth.

Rapid Industry Commercialization and Healthcare Applications Deployment

China's quantum computing sector has achieved remarkable progress in transitioning from laboratory research to practical industrial applications, demonstrating tangible value creation across multiple sectors. In June 2025, Hefei-based startup Origin Quantum successfully deployed its superconducting quantum processor "Origin Wukong" to revolutionize breast cancer screening accuracy by harnessing parallel processing capabilities to analyze medical images with unprecedented speed. This breakthrough exemplifies China's growing capability in translating quantum computing advancements into solutions addressing real-world healthcare challenges. The commercial quantum ecosystem has expanded dramatically, with China's quantum computing firms surging from 93 companies in 2023 to 153 companies in 2024, representing nearly 40 percent growth and indicating robust entrepreneurial activity and market confidence. The industry scale reached 11.56 billion yuan (USD 1.61 Billion) in 2025 while maintaining annual growth exceeding 30 percent, underscoring accelerating commercialization momentum. Research and development expenditure in 2023 and 2024 exceeded 100 percent of total revenue, demonstrating that quantum companies have entered an intensive development phase prioritizing technological advancement over immediate profitability. Multiple technological approaches are being pursued simultaneously, with Origin Quantum focusing on superconducting systems, TuringQ and QBoson advancing photonic quantum computing, and Hyqubit developing ion trap technologies. This technological diversity ensures comprehensive market coverage and reduces dependence on single technological pathways, strengthening overall ecosystem resilience and commercial viability across varied application requirements.

Strategic Academic-Industry Integration Building Quantum Talent Pipeline

China has implemented comprehensive talent development initiatives integrating academic institutions with industrial quantum computing requirements to address critical skills shortages threatening sector growth. As of 2025, at least 13 Chinese universities offer specialized quantum curricula, directly addressing skills gaps identified by industry stakeholders and consultancy research, in response to the Ministry of Education's 2024 directive encouraging universities to establish quantum information science programs. These educational programs give students the theoretical underpinnings and real-world experience necessary for the advancement and use of quantum technologies. With a combined expenditure of more than 20 billion CNY, China created key research institutions in 2021, such as the Quantum Science Center of the Guangdong-Hong Kong-Macao Greater Bay Area and the National Laboratory for Quantum Information Sciences in Hefei. These national laboratories serve as sites for cooperation between academic research and commercial application, allowing universities and quantum firms to collaborate on projects and transmit information. Regional quantum innovation clusters have emerged, most notably Hefei's "Quantum Avenue" hosting over 20 quantum startups including QuantumCTek and Origin Quantum, creating concentrated ecosystems where talent, capital, and technology converge. The Shenzhen-Hong Kong Hetao Cooperation Zone provides another strategic cluster incorporating quantum research centers and commercial enterprises. This deliberate ecosystem building accelerates technology transition from theoretical concepts to market-ready products while creating employment pathways for graduates entering quantum careers. Companies like SpinQ Technology serve over 200 universities globally with educational quantum computing systems, cultivating the next generation of quantum engineers who will drive continued innovation. This strategic alignment between educational capacity building, government-funded research infrastructure, and commercial quantum ventures creates a self-reinforcing cycle strengthening China's long-term competitive positioning in global quantum computing markets.

Key Market Challenges:

Critical Shortage of Skilled Quantum Professionals

The quantum computing industry faces an acute talent crisis threatening to constrain market growth despite substantial investment and technological progress. China's traditional research model emphasizing publication output over practical engineering skills has contributed significantly to this workforce gap, producing abundant academic papers while failing to equip researchers with hands-on capabilities necessary for large-scale technological development including building and refining quantum systems. Unlike classical computing, quantum computing requires interdisciplinary expertise spanning theoretical understanding, high-precision manufacturing experience, and integration across extensive supply chains encompassing materials science, cryogenics, vacuum systems, and photonics. The global quantum computing job market exhibits severe imbalance, with industry reports indicating a three-to-one gap between job openings and qualified candidates, meaning only one qualified professional exists for every three quantum computing positions. McKinsey research projects that less than half of all quantum jobs will be filled by 2025, creating bottlenecks limiting organizational capacity to execute quantum projects and commercialization strategies. China's rapid industry expansion from 93 quantum firms in 2023 to 153 firms in 2024 intensifies competition for limited talent pools, driving wage inflation and potentially slowing development timelines as companies struggle to staff critical technical roles. Leading Chinese academics have warned that maintaining quantum capability requires talent from diverse areas including physics, computer science, materials engineering, and electrical engineering, with researchers needing patience to establish deep expertise rather than rushing toward already saturated specializations. Educational initiatives including university quantum programs and training partnerships represent important steps, but developing sufficient talent pipelines requires sustained multi-year investment before producing graduates capable of addressing complex quantum engineering challenges facing commercial deployment.

Export Restrictions and Geopolitical Technology Barriers

International export controls targeting quantum technologies have created significant obstacles for China's quantum computing supply chain and international collaboration opportunities. The United States Bureau of Industry and Security has systematically expanded its Entity List to include major Chinese quantum research institutions and companies, with 22 entities added in May 2024 followed by seven additional entities in March 2025. These restrictions bar listed organizations from obtaining U.S.-origin goods or products containing U.S. content beyond minimal thresholds, effectively cutting access to advanced components and equipment. Key additions include the University of Science and Technology of China, Chinese Academy of Sciences quantum laboratories, Origin Quantum, QuantumCTek, and numerous research institutes forming China's quantum innovation backbone. Comprehensive international export controls issued by the United States in September 2024 restrict exports of quantum computers and critical components including cryogenic equipment, particularly dilution refrigerators essential for superconducting quantum systems requiring cooling to near absolute zero temperatures. These restrictions target upstream supply chain companies providing specialized cryogenics and optoelectronics, attempting to create chokepoints limiting China's quantum hardware development capabilities. While Chinese companies claim progress toward localizing dilution refrigerators with products like QuantumCTek's ez-Q fridge and Origin Quantum's SL1000 system, achieving full supply chain independence for sophisticated quantum components remains challenging and resource-intensive. Export restrictions also impede academic collaboration, with strategic scientists having their passports controlled by institutions and released only under strict conditions, reducing international knowledge exchange opportunities. These geopolitical barriers compel China to invest heavily in indigenous technology development while potentially extending timelines for achieving quantum computing breakthroughs that might otherwise benefit from international cooperation and component access.

Technology Maturity Gap and Commercialization Hurdles

Despite impressive progress, China's quantum computing sector confronts substantial technical challenges related to system scalability, error correction, and practical application development. Chinese researchers acknowledge that practical, general-purpose quantum computing remains in early developmental stages, with China trailing the United States in aspects including overall qubit fidelity and advanced error correction techniques. As of late 2024, American firms like IBM and Google have demonstrated larger and more stable processors with IBM's 433-qubit systems featuring more sophisticated error mitigation compared to Chinese counterparts. Industry experts estimate China maintains approximately a three-year development lag behind U.S. quantum capabilities, representing a significant gap in rapidly evolving technology where competitive advantages can shift quickly. Current quantum computers require complex engineering including ultralow-temperature cryogenic environments around 20 millikelvin, vibration-isolated facilities, and precise control systems, creating substantial infrastructure barriers limiting deployment scalability. Maintaining qubit coherence while scaling qubit counts represents a central engineering challenge, as increasing system size typically introduces additional noise and error sources degrading computational reliability. The economic challenge remains equally daunting, with quantum computing development requiring sustained investment over extended timeframes before achieving meaningful commercial returns. Major technology companies Alibaba and Baidu shuttered their quantum research divisions in late 2023 and early 2024 respectively, donating equipment to academic institutions amid broader restructuring efforts, highlighting private sector concerns about near-term commercialization viability. These exits underscore tensions between quantum computing's long development timelines and corporate pressures for demonstrable return on investment. Successfully bridging the gap from current noisy intermediate-scale quantum systems to fault-tolerant quantum computers capable of solving practical problems at scale will require continued technical breakthroughs in error correction, qubit quality improvement, and application algorithm development throughout the forecast period.

China Quantum Computing Market Report Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the China quantum computing market, along with forecasts at the country and regional levels for 2026-2034. The market has been categorized based on offering, deployment, application, and end user.

Analysis by Offering:

  • System
  • Services

The report has provided a detailed breakup and analysis of the market based on the offering. This includes system and services.

Analysis by Deployment:

  • On-premises
  • Cloud

A detailed breakup and analysis of the market based on the deployment have also been provided in the report. This includes on-premises and cloud.

Analysis by Application:

  • Optimization
  • Simulation
  • Machine Learning
  • Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes optimization, simulation, machine learning, and others.

Analysis by End User:

  • Aerospace and Defense
  • BFSI
  • Healthcare
  • Automotive
  • Energy and Power
  • Chemical
  • Government
  • Others

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes aerospace and defense, BFSI, healthcare, automotive, energy and power, chemical, government, and others.

Analysis by Region:

  • North China
  • East China
  • South Central China
  • Southwest China
  • Northwest China
  • Northeast China

The report has also provided a comprehensive analysis of all the major regional markets, which include North China, East China, South Central China, Southwest China, Northwest China, and Northeast China.

Competitive Landscape:

The China quantum computing market features a dynamic competitive environment characterized by rapid innovation, strong government backing, and emerging private sector players alongside established research institutions. The market exhibits significant concentration in key innovation hubs including Hefei's "Quantum Avenue" and the Shenzhen-Hong Kong Hetao Cooperation Zone, where quantum startups cluster near academic research centers to facilitate talent recruitment and technology transfer. Competition revolves around multiple technological approaches including superconducting circuits, photonic systems, and ion trap architectures, with companies pursuing differentiated strategies targeting distinct application segments. Leading players emphasize vertical integration spanning quantum hardware development, cloud platform deployment, and application software to capture value across the quantum computing stack. Strategic partnerships between commercial enterprises and government-backed research institutions remain critical for accessing funding, technical expertise, and infrastructure resources essential for quantum technology advancement.

China Quantum Computing Industry Latest Developments:

  • July 2025: Government-backed investors, like as CCB Private Equity Investment Management Company and Liangxi Sci-Tech City Development Fund, closed a Series B investment round worth several hundred million RMB for Shenzhen-based SpinQ Technology. Serving more than 200 colleges, businesses, and research organizations in more than 40 countries, the company produced more than 50 million RMB in sales in 2024 and declared ambitions to deploy a 100-qubit quantum computer by year's end.
  • February 2024: The EZ-Q Fridge, which can produce 450 microwatts at 0.1 Kelvin, is China's first locally produced dilution refrigerator, according to QuantumCTek and the Anhui Quantum Computing Engineering Research Center. Origin Quantum and the University of Science and Technology of China founded the research center in 2022 with the goal of creating cutting-edge systems with a capacity of 1,000 microwatts to enable quantum computing operations.
  • January 2024: Origin Quantum launched "Origin Wukong," a cloud-accessible 72-qubit superconducting quantum computer featuring an indigenous chip design with additional coupler qubits for enhanced control. Since commencing operations in January 2024, the system completed over 350,000 computing tasks spanning computational fluid dynamics, finance, and biomedicine applications, receiving remote access requests from users across 139 countries.

China Quantum Computing Market Report Coverage:

Report Features

Details

Base Year of the Analysis

2025

Historical Period

2020-2025

Forecast Period

2026-2034

Units

Million USD

Scope of the Report

Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:

  • Offering
  • Deployment
  • Application
  • End User
  • Region

Offerings Covered

System, Services

Deployments Covered

On-premises, Cloud

Applications Covered

Optimization, Simulation, Machine Learning, Others

End Users Covered

Aerospace and Defense, BFSI, Healthcare, Automotive, Energy and Power, Chemical, Government, Others

Regions Covered

North China, East China, South Central China, Southwest China, Northwest China, Northeast China

Customization Scope

10% Free Customization

Post-Sale Analyst Support

10-12 Weeks

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the China quantum computing market performed so far and how will it perform in the coming years?
  • What is the breakup of the China quantum computing market on the basis of offering?
  • What is the breakup of the China quantum computing market on the basis of deployment?
  • What is the breakup of the China quantum computing market on the basis of application?
  • What is the breakup of the China quantum computing market on the basis of end user?
  • What is the breakup of the China quantum computing market on the basis of region?
  • What are the various stages in the value chain of the China quantum computing market?
  • What are the key driving factors and challenges in the China quantum computing market?
  • What is the structure of the China quantum computing market and who are the key players?
  • What is the degree of competition in the China quantum computing market?

Key Benefits for Stakeholders:

  • IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the China quantum computing market from 2020-2034.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the China quantum computing market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the China quantum computing industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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China Quantum Computing Market Size, Share, Trends and Forecast by Offering, Deployment, Application, End User, and Region, 2026-2034
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