A composite material comprising: a carbon fiber bundle in which a plurality of continuous carbon fibers are arranged; carbon nanotubes adhering to respective surfaces of the carbon fibers; and a plurality of fixing resin parts partly fixing the carbon nanotubes on the surfaces of the carbon fibers, wherein the carbon nanotubes are dispersed on the surface of the carbon fibers and entangled with one another and form a network structure by being brought into direct contact with or directly connected to each other, when measured according to the method disclosed in the description, at least 50% of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm in a length direction of the carbon fiber has a length of 1 μm or more, and a standard deviation of the number of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm is 5 or less, and the fixing resin parts cover 7% or more and 30% or less of the surfaces of the carbon fibers to which the carbon nanotubes adhere, and are provided at a rate of 10 to 40 pieces per 5 μm square on the surfaces to which the carbon nanotubes adhere. a carbon fiber bundle in which a plurality of continuous carbon fibers are arranged; carbon nanotubes adhering to respective surfaces of the carbon fibers; and a plurality of fixing resin parts partly fixing the carbon nanotubes on the surfaces of the carbon fibers, wherein the carbon nanotubes are dispersed on the surface of the carbon fibers and entangled with one another and form a network structure by being brought into direct contact with or directly connected to each other, when measured according to the method disclosed in the description, at least 50% of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm in a length direction of the carbon fiber has a length of 1 μm or more, and a standard deviation of the number of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm is 5 or less, and the fixing resin parts cover 7% or more and 30% or less of the surfaces of the carbon fibers to which the carbon nanotubes adhere, and are provided at a rate of 10 to 40 pieces per 5 μm square on the surfaces to which the carbon nanotubes adhere. the carbon nanotubes are dispersed on the surface of the carbon fibers and entangled with one another and form a network structure by being brought into direct contact with or directly connected to each other, when measured according to the method disclosed in the description, at least 50% of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm in a length direction of the carbon fiber has a length of 1 μm or more, and a standard deviation of the number of the carbon nanotubes intersecting any one of four sides of a frame of 1 μm square in a region of 21 μm is 5 or less, and the fixing resin parts cover 7% or more and 30% or less of the surfaces of the carbon fibers to which the carbon nanotubes adhere, and are provided at a rate of 10 to 40 pieces per 5 μm square on the surfaces to which the carbon nanotubes adhere.