Quantum Technologies

Many players are now competing to create a large-scale, fault-tolerant, gate-based quantum computer. In IDTechEx's latest report, "Quantum Computing Market 2024-2044: Technology, Trends, Players, Forecasts", it is predicted that this market will grow with a CAGR of at least 30% and is on track to become a multi-billion dollar industry. But how will it get there? This article overviews how this industry is planning to scale up hardware systems and truly start competing with existing supercomputers.

IDTechEx, a trusted provider of independent market intelligence, announces the availability of a new report, "Quantum Technology Market 2024-2034: Trends, Players, Forecasts". This report characterizes the entire quantum technology market, identifies key trends, and provides an overview of the major players.

IDTechEx announces the availability of a new report, "Silicon Photonics and Photonic Integrated Circuits 2024-2034: Market, Technologies, and Forecasts". This new report looks at key market players, emerging materials and technologies, and new applications. Granular 10-year market forecasts are also included.

IDTechEx announces the availability of a new report, "Metal-Organic Frameworks (MOFs) 2024-2034: Market, Technology, and Players". This comprehensive market report offers an independent analysis of metal-organic frameworks trends and considers applications of MOFs for carbon capture, water harvesting, chemical separation and purification, and several other early-stage technologies.

Quantum computing is pitched as enabling exponentially faster drug discovery, battery chemistry development, multi-variable logistics, vehicle autonomy, accurate asset pricing, and much more. In the last decade, the number of companies actively developing quantum computer hardware has quadrupled. Between 2022 and 2024, multiple funding rounds within the quantum computing market surpassed US$100 million were closed, and the transition from lab-based toys to commercial product began.

IDTechEx have launched a new monthly podcast, 'Tomorrow's Tech by IDTechEx', bringing you up to date technology trends. In each episode our host will interview an industry expert from IDTechEx, offering insights into a range of emerging technologies.

Tuesday 28 November - What is the state of the quantum technology market in 2023? Quantum Computing: Benchmarking friends and foes; Quantum Sensing: Sensitivity vs. SWAP-C; Quantum Communications: Trading on trust

Tunneling magneto resistance sensors are rapidly disrupting the automotive and wearables industry. These tiny sensors leverage quantum phenomena to provide a performance edge over classical incumbents, including industry mainstays such as Hall effect sensors. Although they don't depend on the more exciting effects such as superposition and entanglement, in this article, IDTechEx highlights the lessons to be learned from the success of TMR sensors in the emerging quantum sensor market.

The global quantum dot (QD) material market is projected to reach US$550 million by 2034. However, this remarkable figure merely scratches the surface of the potential magnitude the market of their enabled products is set to attain, especially in one of QD's potential application markets: displays.

Quantum computers have the potential to tackle problems it would take classical computers trillions of years to solve. Most quantum computer designs depend on cooling the hardware to extreme temperatures well below -200 degrees Celsius.