Quantum computing is attracting $71 billion in global funding and becoming a new in-demand real estate asset class, according to JLL. 

The influx of private investment and a heated battle for talent is creating new, concentrated innovation ecosystems. Billions in new technology infrastructure will be built in areas with access to university talent pipelines, which has become the key factor in site selection over other priorities like land or power costs, JLL says.

The market for quantum computing is splitting into two real estate tracks: Governments driving demand for secure, on-premises facilities to ensure data sovereignty (about 40% of future revenue) and the commercial market driving demand for cloud-based quantum services delivered through data centers (about 35% of revenue).

“Quantum strengthens, not disrupts, the data center market,” JLL says. “It adds a ‘specialized, high-value layer of compute,’ transforming data centers that can host it into premium assets with significantly higher value.”

The report findings are based on JLL’s analysis of more than 240 quantum facilities across 35 countries.

The demand for quantum is part of a broader R&D boom fueling a projected $1 trillion AI market by 2030, JLL says.