The quantum computing industry is seeing a surge of high-value investments, growing sales, and climbing stock prices in the first five months of 2025. This strong start possibly suggests that the industry and the market are entering a new phase of commercial maturity. According to new data, quantum funding in early 2025 has already reached 70% of 2024’s total, despite the number of funding rounds standing at only about a quarter of last year’s count.
The implication is that the deals getting done are larger, targeted, and potentially more strategic. This rise in deal size echoes broader signs of optimism across the sector. A separate analysis of quantum computer sales shows sustained momentum from 2024 carrying into the new year, with 2024 setting records for both order volume and overall value.
The increasing average deal size for 2025, despite a significant drop in the number of funding rounds, suggests that total capital raised remains robust. The composition of this year’s activity is skewing toward later-stage or growth-stage financings, indicating that investors are concentrating capital on companies closer to product delivery or revenue scale. Sector leaders have attracted significant rounds, while companies focusing on enabling hardware, photonics, and software layers are also benefiting from substantial investor confidence.
In a review of commercial orders, 2024 saw 37 quantum computing orders totaling an estimated $854 million. This represented a 70% increase in order value compared to 2023 and nearly double the number of orders recorded just two years prior. While the average order value declined to $19 million in 2024 from a peak of $48 million in 2021, the trend suggests vendors are selling more lower-qubit or demonstration systems, with buyers spreading risk across smaller deals.
One trend worth monitoring is the increasing commonality of multi-year contracts and full-stack system sales. These agreements often include quantum processors, supporting infrastructure, software, consulting, and training. Vendors such as IBM and Quantinuum are known to sign extended service agreements, sometimes bundling quantum access, hardware upgrades, and cloud-based services.
While superconducting systems still dominate revenue, accounting for around 60% of order value, they represent only about 40% of order volume.
Investment boosts quantum computing sector
This indicates that customers are exploring alternative modalities.
Data show growing activity in trapped-ion, neutral atom, photonic, and NV diamond systems. Companies like IQM and XeedQ have delivered lower-qubit systems to institutions in countries such as Colombia and Turkey, signaling a shift in demand as budget-conscious institutions experiment with smaller-scale deployments. Public quantum companies have also seen upward movement in 2025.
Though the broader tech market has fluctuated, many quantum-related stocks have outperformed expectations. This includes both pure-play quantum firms and large-cap companies with quantum divisions. Recent activities, such as acquisitions, new roadmaps, use case partnerships, and research advances, show that public companies are tightening focus on commercializing their technology.
The rising investor interest suggests growing confidence that quantum will soon deliver commercial value. Analysts point to a combination of factors driving the momentum: strategic capital allocation, supply-side readiness, diversifying demand, and policy tailwinds. Continued government funding, especially through national quantum strategies in the U.S., Europe, and Asia, is de-risking early adoption and encouraging private-sector involvement.
If current trends hold, 2025 may surpass 2024 in total investment with far fewer transactions, suggesting that the market is favoring consolidation and maturity over experimentation. As more enterprise buyers seek quantum solutions, vendors with proven systems and support models are likely to attract the lion’s share of funding. Key questions remain: Will prices per qubit continue to decline?
Can vendors fulfill multi-system orders efficiently? And how will customer satisfaction shape repeat sales? The industry is approaching a new stage — one less focused on proving quantum works and more concerned with demonstrating how it delivers tangible value.
Deanna Ritchie is a managing editor at DevX. She has a degree in English Literature. She has written 2000+ articles on getting out of debt and mastering your finances. She has edited over 60,000 articles in her life. She has a passion for helping writers inspire others through their words. Deanna has also been an editor at Entrepreneur Magazine and ReadWrite.
