Quantum: The Tech Race Europe Can’t Afford to Lose
BCG Estimates That Quantum Computing Could Create From $450 to $850 Billion of Value in Next 15 to 30 YearsEurope Is Currently Among Leaders Globally in Terms of Public Support and Fundamental Research, but Lacks Member State Coordination, Sufficient Private Capital, and a Talent Pipeline to Capitalize OnLessons From the Semiconductor Industry Need to Be Learned to Scale Capability and Protect European Quantum SovereigntyPARIS—Investments in quantum reached all-time record highs in 2021 and are predicted to continue rising significantly, with multiple existing industries set to benefit and new industries likely to be created. Boston Consulting Group (BCG), one of the world’s leading management consulting firms, today published new research highlighting the scale and pace of global quantum computing, titled, Can Europe Catch Up With the US (and China) in Quantum Computing?