The worldwide market for quantum sensing is expected to grow from about $375 million last year to roughly $915 million in 2028, according to the State of the Global Quantum Industry Report 2025 from the Quantum Economic Development Consortium (QED-C).
Quantum sensors have long been viewed as one of the most promising early market segments for quantum technology with use cases and applications for the ultra-sensitive sensors emerging in geology, biomedical, defense, and other fields. However, the QED-C has pointed out in previous reports on quantum sensing that awareness, overall cost, and a fragmented manufacturing supply chain for quantum sensors continue to be obstacles in the way of greater market growth.
In this new report, which also covers the quantum computing market, composition of the quantum technology ecosystem, and workforce trends, the QED-C noted that about 35% of companies in the quantum sensing market reported “no sales yet” in 2024 related to quantum sensing, while another 21% reported sales of under $500,000 for the year. That suggests a market still in its embryo stage. However, 23% of the companies involved in the study expect their quantum sensing-related revenue to increase more than 25% in 2025 compared to 2024.
Regarding quantum computing, the QED-C report said related revenue surpassed $1 billion last year, hitting $1.07 billion, a figure which could more than double to about $2.2 billion by 2027.
Quantum sensing has been a popular research topic in the last year. McKinsey in mid-2024 projected quantum sensing revenue will reach $1 billion in 2030, and potential $6 billion a decade later, as the technology disrupts existing sensor technology applications. More recently, ID TechEx forecasted that quantum sensing revenue.