Analyst Sees $205 Billion Quantum Future, Points to IonQ, Rigetti, and D-Wave as Early Bets

The quantum computing sector is emerging as a high-potential frontier for technology investors, with one analyst forecasting a $205 billion market value by 2035. This projection underscores the transformative potential of quantum technologies across industries such as pharmaceuticals, logistics, and financial modeling, where complex problem-solving capabilities could unlock unprecedented efficiencies. The analyst recommends focusing on three publicly traded companies—IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Systems (QBTS)—as early exposure to the sector. While these firms currently report volatile and uneven revenue streams, the analyst argues that such fluctuations are typical in nascent tech markets and should be expected during the development phase of quantum hardware and software ecosystems. Despite the lack of sustained profitability, each company holds a distinct advantage: IonQ is advancing trapped-ion architecture, Rigetti is building scalable superconducting processors, and D-Wave continues to lead in quantum annealing solutions. The analyst notes that capital investment in quantum R&D has doubled over the past three years, signaling strong institutional and government interest. Market reaction has been cautious, with all three stocks exhibiting high volatility and limited liquidity. However, long-term investors may find value in the strategic positioning of these firms as foundational players in a technology stack expected to underpin future innovation. The key takeaway is a call for patience—returns are not expected in the near term, but the potential upside could be substantial if quantum computing achieves commercial viability within the next decade.