Switzerland Jan. 20, 2026— As governments, technology companies, and financial institutions increase investment in quantum computing, Quranium has published a report assessing the technology’s current capabilities and limits.
Titled “Quantum Computing: State of Play 2025 – Global Landscape and the Convergence with Emerging Technologies,” the report aims to narrow what it describes as a gap between public expectations and the technical realities of today’s quantum systems. It outlines where quantum computing is being tested or applied, what remains experimental, and which technical hurdles continue to shape timelines for broader adoption.
The report comes as spending expands across quantum hardware development, national research programs, and hybrid computing infrastructure. It argues that organizations evaluating quantum-related risk and preparedness often lack consistent benchmarks for readiness, particularly in areas such as cybersecurity, cryptography, and long-lived data protection.
Instead of focusing on long-range projections or single-metric milestones, the report reviews current progress across multiple hardware approaches, developments in error correction, and early institutional deployment. It frames quantum computing as an emerging component of the broader computing ecosystem rather than a standalone replacement for classical systems.
Key topics covered in the report include:
Current capabilities and deployments of quantum systems, including where they are being tested in real-world settings
Hardware approaches, including superconducting, trapped-ion, photonic, neutral-atom, silicon-spin, and early-stage topological methods
Progress in error correction, including indicators toward practical fault-tolerant architectures
A multi-processor model, positioning CPUs, GPUs, and quantum processors as complementary tools
National strategies and investment trends are shaping global competition and long-term institutional commitments
Security implications, including cryptography, blockchain, and broader digital infrastructure resilience as quantum capabilities mature
The report’s central assessment is that the next phase of adoption will depend less on scientific breakthroughs alone and more on institutional readiness—particularly decisions on cryptographic migration, system architecture, regulatory alignment, and long-term data durability.
Kapil Dhiman, CEO and co-founder of Quranium, said the report is intended to provide a clearer picture of current progress and near-term constraints.
“Quantum computing is moving forward along measurable technical pathways, supported by investment and growing institutional involvement,” Dhiman said. “The goal of this report is to provide clarity on where the field stands today and what organizations should be evaluating as part of their planning.”
The report concludes that quantum readiness is increasingly becoming a strategic planning issue for organizations that manage sensitive data, digital assets, or long-lived security systems, as hybrid quantum-classical computing models and post-quantum cryptography move closer to operational timelines.

