Quantum Computing

Quantum computing can quickly solve exceedingly complex problems that cannot be handled by traditional computers. While still in its infancy, the technology is hitting early milestones and has the potential to greatly expand its market size. Interest in this field isn't limited to the private sector, however. The U.S. Department of Energy granted over three dozen awards totaling $65 million to quantum computing research projects in 2024, and the state of Illinois is partnering with the private sector to build the largest quantum computing facility in the country.

Potential applications for quantum computers include cryptography and codebreaking (useful for system and network security); more efficient searching and problem solving; systems simulation; and machine learning, AI, and algorithm development. These applications could be useful in the context of smart cities, planning systems, and human behavior within these systems. Still, the practical applications of quantum computing will require further development, research, and use. Planners should keep an eye out for new developments in this rapidly evolving sector.