1、FEBRUARY 2025ENSURING THAT THE UK CAN CAPTURE THE BENEFITS OF QUANTUM COMPUTING2Ensuring that the UK can capture the benefits of quantum computingThis report has benefitted from interviews with people working in the UK quantum industry.We are grateful for their time and knowledge.The interviewees wo

2、rked for IBM,Nu Quantum,Oxford Ionics,OQC,Quantum Motion,Riverlane,Universal Quantum,and UKQuantum.The contents of the report does not necessarily reflect their views or those of their employers.The report was made possible thanks to IBM and OQC.Image courtesy of OQC3Ensuring that the UK can capture

3、 the benefits of quantum computingTABLE OF CONTENTSForeword 4Executive summary 61.Introduction 102.Potential benefits of quantum computing 122.1 Quantum computing will bring economic benefits 122.2 Industrial processes that benefit from quantum computing 132.3 Many end-user customer industries may b

4、enefit 163.Quantum computing inthe UK 203.1 Characteristics of quantum computing firms operating in the UK 203.2 Large technology firms involvement in quantum computing 233.3 The quantum sectors supply base 244.The UK funding landscape 264.1 The economic imperative for investment in quantum computin

5、g 264.2 Rationale for governments to invest in quantum computing 274.3 UK government funding for quantum computing 284.4 Other major powers investment in quantum computing 304.5 Private sector funding and the valley of death funding challenge 345.The economic impact of the quantum computing sector 3

6、85.1 The quantum computing industrys current economic contribution 385.2 The quantum computing industrys future economic contribution 416.The economic benefits quantum computing delivers to the end usersectors 466.1 Estimating the productivity gains from quantumcomputers 466.2 Further impacts of qua