Of all the predicted use cases for quantum computing in the industry, two are said to take up more than half of the total market size by 2035. The source listed corporate banking as the most likely segment with significant quantum computing applications, due to the high value of money involved. Trade finance or securities lending were the two main examples. This is somewhat extended to retail banking when focusing on HNWI. Risk and cybersecurity are also listed as an important segment, due to the possibility to quickly and accurately detect fraud.
Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit
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McKinsey & Company. (October 22, 2023). Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/
McKinsey & Company. "Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit." Chart. October 22, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/
McKinsey & Company. (2023). Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/
McKinsey & Company. "Forecast of The Market Size of Quantum Computing in Financial Services Worldwide in 2035, by Business Unit." Statista, Statista Inc., 22 Oct 2023, https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/
McKinsey & Company, Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit Statista, https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/ (last visited November 22, 2024)
Forecast of the market size of quantum computing in financial services worldwide in 2035, by business unit [Graph], McKinsey & Company, October 22, 2023. [Online]. Available: https://www.statista.com/statistics/1441200/quantum-computing-forecast-in-finance/
