Xin Lang Cai Jing·2025-12-24 00:02Core Insights - 2025 is designated as the "International Year of Quantum Science and Technology," marking a pivotal year for the transition of quantum technology from theoretical research to industrial application. Major countries are intensifying their quantum strategic layouts, with China's "14th Five-Year Plan" prioritizing quantum technology as a key future industry, establishing it as a new arena for global competition [1][3][18]. Industry Overview - Quantum computing, regarded as the crown jewel of quantum technology, possesses the highest technical barriers, the strongest disruptive potential, and the greatest growth prospects. It is expected to redefine the boundaries of classical computing through exponential computing power breakthroughs, serving as a critical engine for the next technological revolution [1][3][18]. - The quantum computing industry is entering a high-growth phase, with the global market projected to exceed $800 billion by 2035. The downstream sector is still in its early development stage but holds significant growth potential [1][11][29]. Technological Landscape - The current era of quantum computing is characterized as the noisy intermediate-scale quantum (NISQ) era, with mainstream technological paths such as superconducting, ion trap, photonic, and neutral atom technologies advancing simultaneously without convergence. The upstream of the industry chain, which includes quantum chips and measurement control systems, is a key development focus [1][4][22]. - The midstream encompasses quantum computers and software algorithms, where high costs and algorithm complexity may lead cloud platforms to become critical for accelerating penetration into downstream applications [4][22]. Market Potential - According to Photon Box Research Institute, the quantum computing industry is expected to enter a high compound growth phase, with the global market size projected to grow from approximately $5 billion in 2024 to around $800 billion by 2035, capturing nearly 90% of the quantum technology market share. The upstream sector is relatively mature and shows significant growth, while the downstream sector is in its infancy with substantial growth potential [11][29].