Quantum Technologies

Future mobility will be electric, autonomous, and increasingly interconnected. As a result, many new enabling technologies are now clambering to enter the automotive value chain. In recent years, there has been a surge of support for quantum technologies to enter the race.

Quantum computers could solve new sets of problems that might otherwise take super computers thousands of years with the advanced technology of quantum bits.

The risk of missing out on the competitive advantage quantum computing offers is rising. Governments and private investors worldwide are placing multi-billion-dollar bets that the industry will produce huge long-term returns. Yet, for this to be realized, the theoretical advantage of quantum computers must be translated into real-world commercial value. In this article, IDTechEx explores which applications are being developed today across the materials, chemical, automotive, finance, and healthcare industries.

The modern world depends heavily on GPS satellites to navigate, but too often, access to them is lost or even jammed. This creates a significant risk to safety in multiple industries — especially aerospace, but also automotive and consumer electronics. Following the world's first successful flight demonstration of quantum navigation technology in May 2024 by BAE, QinetiQ, and Infleqtion, this article outlines the power of quantum sensors.

IDTechEx have released a brand new episode of the 'Tomorrow's Tech by IDTechEx' podcast, 'Quantum Computing: Is It the Space Race of the Modern Age?'. Host Shazan Siddiqi and industry expert Dr Tess Skyrme will be discussing the up-and-coming trends in the upcoming quantum landscape.

The Silicon Photonics and PICs market is experiencing robust growth, driven by the surge in AI and datacom transceiver demand. Key players in the industry, such as Intel, Coherent, and Infinera, are actively using PICs within their transceivers.

Wednesday 29 May 2024 - Introduction to the basics of the quantum technology market; Why now for a quantum space-race?; Quantum computing: what is it, and which industries are already being impacted today?; Quantum sensing: how could trends in future mobility unlock the markets full potential?; Quantum communications: why now is the time to engage to truly protect high-value data-sets.

The quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions. In this article, IDTechEx provides an overview of the insights on offer in the recently published report, "Quantum Technology Market 2024-2034: Trends, Players, Forecasts".

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.