Over the last several years, academia and industry have been converging on a shorter and more realistic timeline to Q-Day. While new research continues to move the Q-Day timeline up to 2028-2030, the scale and scope of the impact have been less clear. Broadly, the expectation has been that quantum attacks on cryptography would be serious, but there has been less information on which to base estimates of their speed, accessibility, and breadth. Two new research papers, released within a day of
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The quantum technology landscape is rapidly evolving from speculative science to a tangible economic powerhouse, with experts forecasting a market worth up to $97 billion by 2035. According to a major McKinsey report, quantum computing, communication, and sensing could generate as much as $97 billion in global revenue within a decade, making 2025 a pivotal year in the transition from concept to deployment. McKinsey's analysis highlights a decisive shift in 2024, in which the focus shifted from