Quantum computing is a fantastic technology that has been evolved throughout time and is 100 trillion times quicker than a supercomputer. It is based on quantum theory, which can do calculations using probability theory and linear algebra. These two disciplines of research are involved in all sub-areas of Data Science and other contemporary technology domains, and can answer a wide range of complex problems which even the most powerful supercomputer cannot carry out. Instead of just 0's and 1's where the classical computers encipher the data or convert the information, it works on qubit that is, it can hold up to two bits which is called as Quantum superposition where it has two different states zero or one in which it can be defined and is also possible for it to exist in both, i.e. a superposition of the two states. Light based quantum computer outperforms the classical super computer by exceeding its performance speed. Quantum computing can solve known problems such as encryption and cyber security. Quantum computing has the ability to process quickly to arrive at a solution and offers well and more computing power to the world of Artificial Intelligence systems and efficient Machine learning systems by solving small and large problems much faster. The main aim or objective of this paper is to discuss about the applications and importance of quantum computing in future which is very helpful to the people who are associated with cryptography, Aviation, Data Analytics, Forecasting, Medical research, Pattern matching, self-driving cars and so on.