Business · Updated 23 Oct, 11:20 am IST
McKinsey: Quantum computing could yield $1.3–$2.7T by 2035
Why it matters for readers: This shows quantum computing is moving beyond labs into real business planning and could affect security and tech industries.
- McKinsey estimates quantum computing could create between USD 1.3 trillion and USD 2.7 trillion in economic value by 2035.1
- More than 300 organisations worldwide are already working with quantum technology providers, signaling movement from experiments toward commercial applications.1
- The report urges companies to invest now in talent, technology and partnerships to secure early advantage and intellectual property.1
- McKinsey warns that sufficiently advanced quantum computers could break current public-key encryption, creating serious security challenges.1
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