Embracing the Quantum Economy 2024

In today’s dynamic technology landscape, the quantum economy has captivated the interest of visionary leaders across industries. High-profile use cases such as breaking cryptography, discovering new materials and optimizing financial decision- making would be the pride of any innovation programme, and would be transformative across sectors. Industry leaders who are actively engaging with the quantum ecosystem are showing progress via press releases, publications, prototypes, proofs of concept and even production. Each industry represents a new opportunity space for quantum technologies. Opportunities are abundant, ranging from significant performance improvements to revolutionizing existing processes and creating new market opportunities. These advantages are tempered by threats such as cybersecurity risks, rapid technological changes and integration challenges. The high costs and complexity of quantum technologies are also a challenge. After discussing with members of the World Economic Forum’s Quantum Economy Network community, the use cases across all industry sectors were mapped against feasibility versus business value. For more details of the mentioned use cases, refer to Section A.1 (Use case description), and for detailed explanation of the stages of development and placement criteria, refer to Figure 17 and Table 8 in Section A.2 (Use case placement assumptions).3.1 Industry engagement and use cases 3.2 Use case impact on each industry Embracing the Quantum Economy: A Pathway for Business Leaders 29