The year 2025 is marked as a crucial period for quantum technology, with significant advancements and investments highlighting its potential. The field, fueled by quantum mechanics, has garnered attention from international organizations and tech giants, particularly in the declared 'International Year of Quantum'. Notably, despite a challenging climate for the tech industry, quantum received $1.2 billion in venture capital in 2023. Projections suggest that quantum computing could notably impact the global economy by creating substantial market value for hardware and software providers by 2040.
The quantum industry attracted $1.2 billion from venture capitalists in 2023, despite a 50% drop in overall tech investments that year.
According to BCG, quantum computing could create between $450 billion and $850 billion of global economic value by 2040, alongside a robust market for providers.
Big Tech is heavily investing in quantum technology, recognizing its potential and urgency in catching up with frontrunners like IBM.
As the International Year of Quantum unfolds, skepticism fades regarding the industry's ability to deliver its promising future.
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