New market study says quantum technologies industry is moving from venture rounds toward IPO pathways, with Microsoft among key players tracked

A new industry report released on Tuesday projects continued expansion in the global quantum technologies market through 2036, and says the sector’s funding pattern is shifting. The study, published as a Globe Newswire release and syndicated by Yahoo Finance, characterizes the market as moving from primarily venture capital-driven financing toward more public-market outcomes, including initial public offerings.

The report’s framing ties that capital shift to government support for advanced semiconductors and related technologies. In its release, the authors cite U.S. CHIPS-related awards reaching 2.013 billion dollars as part of the broader backdrop for investment and industrial scaling. The U.S. CHIPS program is intended to strengthen domestic semiconductor capacity and supply chains, and the release suggests similar momentum is flowing to adjacent areas where quantum computing and quantum sensing are viewed as long-term differentiators.

Within the study, Microsoft is listed among 350 other “key players” being profiled. The release specifically names IBM, Google Quantum AI, IonQ and Microsoft as part of the set of companies highlighted. While the release does not detail new product commitments by Microsoft, it positions those firms as part of a competitive landscape spanning hardware approaches, software stacks, and ecosystem partnerships that are required to turn quantum experiments into more usable systems.

The release also specifies the time horizon for the analysis, covering 2026 through 2036. That matters because quantum development timelines tend to be measured in years, not quarters, as vendors balance progress in qubit performance, error correction concepts, and systems engineering with the need to keep a steady stream of research and customer pilots. Market studies that extend a decade out are often used by strategists and investors to map when different segments may mature from R&D into commercial deployments.

In broader terms, the quantum technologies category typically includes quantum computing, quantum networking, and quantum sensing, along with enabling components such as cryogenics, control electronics, and quantum error-correction research. The study’s emphasis on the “venture to IPO” transition suggests the authors expect more mature funding structures as companies progress from early-stage demonstrations toward scaling efforts that can attract broader capital.

As for what Microsoft itself disclosed in connection with the release, the syndicated announcement primarily describes the report and does not provide additional detail on Microsoft’s plans, financial performance, or customer milestones in the text available here. The report may still contain those specifics, but they are not described in the announcement summary that was circulated.