Quantum computing to disrupt industries by 2030

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Business leaders expect quantum computing to play a significant role in their industries but only a third are engaging in relevant strategic planning, new research has found.

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Produced in collaboration with the National Quantum Computing Centre (NQCC), EY’s Quantum Readiness Survey 2022

found 81 per cent of senior UK executives anticipating a major role for quantum computing by 2030.

Despite this, strategic planning for quantum computing is in early stages for most organisations, with a quarter appointing specialist leaders or setting up pilot teams.

Even though quantum computing is in its relative infancy, its transformative potential is recognised by 48 per cent of business leaders who think quantum will begin to transform industries as soon as 2025.

Furthermore, respondents were almost unanimous in their belief that quantum computing will create a moderate or high level of disruption of their own organisation, industry sector, and the broader UK economy in the next five years.

Different sectors of the economy have differing views on the timeline for quantum computing’s maturation. Executives in consumer products and retail are most optimistic, with 70 per cent believing quantum will play a significant role by 2025.

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