Computing

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.