South Korea Quantum Computing Market Size & Outlook

The quantum computing market in South Korea is expected to reach a projected revenue of US$ 132.9 million by 2030. A compound annual growth rate of 23.6% is expected of South Korea quantum computing market from 2024 to 2030.
Revenue, 2023 (US$M)
$30.1
Forecast, 2030 (US$M)
$132.9
CAGR, 2024 - 2030
23.6%
Report Coverage
South Korea

South Korea quantum computing market highlights

  • The South Korea quantum computing market generated a revenue of USD 30.1 million in 2023 and is expected to reach USD 132.9 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 23.6% from 2024 to 2030.
  • In terms of segment, system was the largest revenue generating offering in 2023.
  • Services is the most lucrative offering segment registering the fastest growth during the forecast period.


Quantum computing market data book summary

Market revenue in 2023USD 30.1 million
Market revenue in 2030USD 132.9 million
Growth rate23.6% (CAGR from 2023 to 2030)
Largest segmentSystem
Fastest growing segmentServices
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystem, Services
Key market players worldwideAccenture PLC Class A, D-Wave Quantum Inc, Alphabet Inc Class C, International Business Machines Corp, Intel Corp, Microsoft Corp, Quantum Computing Inc, Rigetti Computing Inc, Zapata Computing Holdings Inc, Riverlane


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.5% of the global quantum computing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China quantum computing market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 261.6 million by 2030.

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Quantum Computing Market Companies

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South Korea quantum computing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quantum computing market will help companies and investors design strategic landscapes.


System was the largest segment with a revenue share of 64.12% in 2023. Horizon Databook has segmented the South Korea quantum computing market based on system, services covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea quantum computing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea quantum computing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea quantum computing market size, by offering, 2017-2030 (US$M)

South Korea Quantum Computing Market Outlook Share, 2023 & 2030 (US$M)

South Korea quantum computing market size, by offering, 2017-2030 (US$M)

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