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Quantum Photonics Market Size by Offering (Systems, and Services), Application (Quantum Communications, Quantum Computing, and Quantum Sensing & Metrology), Vertical (Banking & Finance, Agriculture & Environment) and Region - Global Forecast to 2030

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from $4,950 217 Pages MarketsandMarkets June, 2023 MKMK18004829
Best Price Guarantee
Price from $4,950
Length 217 Pages
Publisher MarketsandMarkets
Published Date June, 2023
SKU MKMK18004829

Quantum Photonics Market Size by Offering (Systems, and Services), Application (Quantum Communications, Quantum Computing, and Quantum Sensing & Metrology), Vertical (Banking & Finance, Agriculture & Environment) and Region - Global Forecast to 2030



The quantum photonics market is valued at USD 0.4 billion in 2023 and is anticipated to be USD 3.3 billion by 2030, growing at a CAGR of 32.2% from 2023 to 2030. Factors such as rising demand for secure communication and growing investment in quantum photonics computing are driving the growth of the market during the forecast period.

Growing investment in quantum photonics

In recent years, several businesses and academic organizations have made large investments in quantum photonics. Growing investment in quantum photonics is a major driver for its advancement and adoption. Companies and organizations are recognizing the immense potential of quantum photonics technology in revolutionizing various industries, including computing, communications, and sensing. The increasing investment is fueling research and development efforts, leading to hardware, algorithms, and applications breakthroughs. Funding from governments, venture capitalists, and technology giants areproviding the necessary resources to accelerate the progress of quantum photonics. The increased investment in quantum photonics fosters innovation, attracts highly skilled professionals, and expands the ecosystem. This surge in funding is propelling the growth of quantum photonics and creating opportunities for transformative solutions in various industries.

PsiQuantum, a California-based firm, is working to create a viable, fault-tolerant quantum computer utilizing photonic qubits quantum computer. In a fundraising round that was headed by BlackRock and included Baillie Gifford and M12 (Microsoft's startup fund), the business raised USD 215 million in 2020. With this funding, PsiQuantum will be able to expand its business and quicken the development of its quantum photonics technology.

Xanadu, a Canadian quantum computing startup that raised USD 100 million in a funding round in 2021, and QuTech, a Dutch research institute that is working to develop a photonic-based quantum computer in cooperation with several industrial partners, are two other notable players in the quantum photonics market in addition to PsiQuantum.

Potential for quantum supremacy

Quantum photonics is an exciting technology that has the potential to transform computing by utilizing photons' unique features to conduct sophisticated computations. The capacity of quantum computers to do tasks that are beyond the capability of classical computers is referred to as quantum supremacy. While there has been considerable success in showing quantum supremacy with superconducting qubits, quantum supremacy with photonic qubits has yet to be shown. However, major research is being conducted in the field of photonic quantum computing, and quantum photonics computing may attain quantum supremacy in the future.

In June 2022, Xanadu announced the launch of Borealis, the company's newest quantum computer, for public use through the cloud. Borealis is the biggest photonic quantum computer ever developed and the first to be made available to the public, with 216 squeezed-state qubits.

Asia Pacific is the fastest-growing region in the quantum photonics market

There is an significant market for quantum photonics in Asia Pacific, specifically in countries like Japan, South Korea, and China. The significant growth of the Asia Pacific quantum photonics market can be attributed to the increasing demand for quantum photonics systems and services from emerging economies such as China and Japan for use in different applications in the space & defense, healthcare & pharmaceutical, and energy & power industries in the coming years.

The breakup of primaries conducted during the study is depicted below:

By Company Type: Tier 1 – 18 %, Tier 2 – 22%, and Tier 3 –60%

By Designation: C-Level Executives – 21%, Directors – 35%, and Others – 44%

By Region: North America– 45%, Europe – 38%, Asia Pacific – 12%, Rest of world– 5%

Research Coverage

The report segments the quantum photonics market and forecasts its size, by value, based on region (North America, Europe, Asia Pacific, and RoW), offering (systems, and services), application (quantum communication, quantum computing, quantum sensing & metrology), and vertical (Space & Defense, Banking & Finance, Healthcare & Pharmaceutical, Transportation & Logistics, Government, Agriculture & Environment, Others(include academia, retail, telecom, media, energy & power, chemical, industrial, and oil & gas sectors). The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the quantum photonics market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Reason to buy Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall quantum photonics market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (rising demand for secure communication ,growing investment in quantum photonics, and potential for quantum supremacy), restraints (lack of standardization in quantum photonics, and regulatory challenges can hinder quantum photonics adoption and commercialization), opportunities (Advancements in quantum communications, Growing R&D and investments in quantum photonics computing), and challenges (Experimental constraints in quantum photonics computing) influencing the growth of the quantum photonics market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the quantum photonics market

Market Development: Comprehensive information about lucrative markets – the report analyses the quantum photonics market across varied regions

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the quantum photonics market

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Toshiba (Japan), Xanadu (Canada), Quandela (France), ID Quantique (Switzerland), and PsiQuantum (US), among others in the quantum photonics market


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions And Exclusions
1.4 Study Scope
1.4.1 Markets Covered
Figure 1 Quantum Photonics Market: Segmentation
1.4.2 Regional Scope
1.4.3 Years Considered
1.5 Currency Considered
Table 1 Currency Conversion Rates
1.6 Limitations
1.7 Stakeholders
1.8 Recession Impact
2 Research Methodology
2.1 Research Data
Figure 2 Quantum Photonics Market: Research Design
2.1.1 Secondary And Primary Research
Figure 3 Quantum Photonics Market: Research Approach
2.1.2 Secondary Data
2.1.2.1 Key Secondary Sources
2.1.2.2 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 List Of Key Primary Interview Participants
2.1.3.2 Key Data From Primary Sources
2.1.3.3 Breakdown Of Primaries
2.1.3.4 Key Industry Insights
2.2 Market Size Estimation
Figure 4 Research Flow For Market Size Estimation
Figure 5 Market Size Estimation Methodology: Revenues Of Companies
2.2.1 Bottom-up Approach
Figure 6 Market Size Estimation Methodology: Bottom-up Approach
2.2.2 Top-down Approach
Figure 7 Market Size Estimation Methodology: Top-down Approach
2.3 Market Breakdown And Data Triangulation
Figure 8 Data Triangulation
2.4 Research Assumptions
Table 2 Quantum Photonics Market: Research Assumptions
2.5 Parameters Considered To Analyze Recession Impact On Quantum Photonics Market
Table 3 Quantum Photonics Market: Recession Impact Approach
2.6 Research Limitations
Figure 9 Quantum Photonics Market: Research Limitations
2.7 Risk Assessment
Table 4 Quantum Photonics Market: Risk Assessment
3 Executive Summary
Figure 10 Systems Segment To Account For Larger Share Of Quantum Computing Market During Forecast Period
Figure 11 Quantum Photonics Market, By Application, 2023 Vs. 2030
Figure 12 Banking & Finance Segment To Dominate Quantum Photonics Market In 2030
Figure 13 Asia Pacific Quantum Photonics Market To Register Highest Cagr During Forecast Period
4 Premium Insights
4.1 Attractive Opportunities For Players In Quantum Photonics Market
Figure 14 Rising Investments In Quantum Photonics Technology To Create Opportunities For Market Players
4.2 Quantum Photonics Market, By Offering
Figure 15 Systems Segment To Register Higher Cagr During Forecast Period
4.3 Quantum Photonics Market, By Application
Figure 16 Quantum Communications To Account For Largest Share Of Market During Forecast Period
4.4 North America Quantum Photonics Market, By Application And Country
Figure 17 Quantum Communications To Hold Largest Share Of North American Market In 2023
4.5 Quantum Photonics Market, By Vertical
Figure 18 Banking & Finance Segment To Hold Largest Market Share During Forecast Period
4.6 Quantum Photonics Market, By Region
Figure 19 South Korea To Register Highest Growth During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Quantum Photonics Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
Figure 21 Analysis Of Impact Of Drivers On Quantum Photonics Market
5.2.1.1 Rising Demand For Secure Communication
5.2.1.2 Potential For Quantum Supremacy
5.2.1.3 Growing Investment In Quantum Photonics
5.2.1.4 Integration With Existing Technologies
5.2.2 Restraints
Figure 22 Analysis Of Impact Of Restraints On Quantum Photonics Market
5.2.2.1 Lack Of Standardization In Quantum Photonics
5.2.2.2 Regulatory Challenges Hinder Quantum Photonics Adoption And Commercialization
5.2.2.3 Difficulty In Quantum Photonics Scaling
5.2.3 Opportunities
Figure 23 Analysis Of Impact Of Opportunities On Quantum Photonics Market
5.2.3.1 Advancements In Quantum Communications
5.2.3.2 Growing R&D And Investments In Quantum Photonics Computing
5.2.3.3 Opportunities For Hardware And Software In Quantum Photonics Computing Market
5.2.4 Challenges
Figure 24 Analysis Of Impact Of Challenges On Quantum Photonics Market
5.2.4.1 Experimental Constraints In Quantum Photonics Computing
5.3 Value Chain Analysis
Figure 25 Quantum Photonics Market: Value Chain Analysis
5.3.1 Research, Design, And Development
5.3.2 Manufacturers
5.3.3 Software Providers
5.3.4 System Integrators
5.3.5 End-user Industries
5.4 Ecosystem Analysis
Table 5 Quantum Photonics Market: Ecosystem Analysis
Figure 26 Quantum Photonics Market: Ecosystem Analysis
5.5 Porter’s Five Forces Analysis
Figure 27 Quantum Photonics Market: Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Suppliers
5.5.3 Bargaining Power Of Buyers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Competitive Rivalry
5.6 Pricing Analysis
Figure 28 Average Selling Price Of Photonic Quantum Computer Offered By Xanadu, By Application
5.7 Case Study Analysis
Table 6 Idq & Sk Broadband Expand Use Of Qkd To Protect Critical Data In South Korea
Table 7 Characterizing And Entanglement Of Photon-pair Sources
Table 8 Rolls-royce Partners With Xanadu To Co-develop Quantum Algorithm To Accelerate Aerospace Research
Table 9 Quandela And Cryptonext Security Partnered To Offer Fully Integrated Quantum-safe Solution
Table 10 Orca Computing Partnered With Uk Ministry Of Defence (Mod) To Develop Quantum Computing For Future Data Processing Capabilities
5.8 Trade Analysis
Table 11 Import Data For Electronic Integrated Circuits, By Country, 2017–2021 (Usd Million)
Table 12 Export Data For Electronic Integrated Circuits, By Country, 2017–2021 (Usd Million)
5.9 Tariff Analysis
Table 13 Tariffs Imposed By Us On Imports Of Electronic Integrated Circuits; Parts Thereof, 2021
Table 14 Tariffs Imposed By China On Imports Of Electronic Integrated Circuits; Parts Thereof, 2021
Table 15 Tariffs Imposed By Germany On Imports Of Electronic Integrated Circuits; Parts Thereof, 2021
5.10 Regulations
5.10.1 Regulatory Bodies, Government Agencies, And Other Organizations
Table 16 North America: Regulatory Bodies, Government Agencies, And Other Organizations
Table 17 Europe: Regulatory Bodies, Government Agencies, And Other Organizations
Table 18 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations
Table 19 Row: Regulatory Bodies, Government Agencies, And Other Organizations
5.10.2 Regulatory Standards
5.10.2.1 P1913 – Software-defined Quantum Communication
5.10.2.2 P7130 – Standard For Quantum Technologies Definitions
5.10.2.3 P7131 – Standard For Quantum Computing Performance Metrics And Benchmarking
5.11 Technology Analysis
5.11.1 Quantum Imaging
5.11.2 Quantum Cryptography
5.11.3 Quantum Simulation
5.11.4 Quantum Nanophotonics
5.11.5 Quantum Error Correction
5.11.6 Processors & Chips
5.11.7 Development Tools
5.11.8 Machine Learning
5.12 Patent Analysis
Table 20 Patent Registrations, 2019–2022
Figure 29 Companies With Highest Number Of Patent Applicants In Last 10 Years, 2013–2022
Figure 30 Number Of Patents Granted Over Last 10 Years, 2013–2022
Table 21 Top 20 Patent Owners In Last 10 Years, 2013–2022
5.13 Key Conferences And Events, 2023–2024
Table 22 Quantum Photonics Market: Key Conferences And Events, 2023–2024
5.14 Revenue Shift And New Revenue Pockets For Customers’ Businesses
Figure 31 Revenue Shift In Quantum Photonics Market
5.15 Key Stakeholders And Buying Process
5.15.1 Key Stakeholders In Buying Process
Figure 32 Influence Of Stakeholders On Buying Process For Top Three Applications
Table 23 Influence Of Stakeholders On Buying Process For Top Three Applications (%)
5.15.2 Buying Criteria
Figure 33 Key Buying Criteria For Top Three Applications
Table 24 Key Buying Criteria For Top Three Applications
6 Quantum Photonics Market, By Offering
6.1 Introduction
Figure 34 Systems Segment To Account For Larger Share Of Market During Forecast Period
Table 25 Quantum Photonics Market, By Offering, 2020–2022 (Usd Million)
Table 26 Quantum Photonics Market, By Offering, 2023–2030 (Usd Million)
6.2 Systems
6.2.1 Increasing Development Of Quantum Photonics Computing Systems To Drive Market
Table 27 Systems: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 28 Systems: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 29 Systems: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 30 Systems: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
6.3 Services
Table 31 Quantum Photonics Market, By Services, 2020–2022 (Usd Million)
Table 32 Quantum Photonics Market, By Services, 2023–2030 (Usd Million)
Table 33 Services: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 34 Services: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 35 Services: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 36 Services: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
Figure 35 Services Segment: Asia Pacific To Register Higher Cagr During Forecast Period
6.3.1 Quantum Computing As A Service (Qcaas)
6.3.1.1 Accessing Power Of Quantum Photonics Through Cloud-based Platforms To Fuel Market
6.3.2 Consulting Services
6.3.2.1 Increase In Awareness Of Advantages Of Quantum Photonics To Drive Market
7 Quantum Photonics Market, By Application
7.1 Introduction
Figure 36 Quantum Communications Segment To Lead Market During Forecast Period
Table 37 Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 38 Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
7.2 Quantum Communications
Figure 37 Quantum Communications Segment: Asia Pacific To Grow At Highest Rate During Forecast Period
Table 39 Quantum Communications: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 40 Quantum Communications: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
Table 41 Quantum Communications: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 42 Quantum Communications: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 43 Quantum Communications: Quantum Photonics Market, By Offering, 2020–2022 (Usd Million)
Table 44 Quantum Communications: Quantum Photonics Market, By Offering, 2023–2030 (Usd Million)
Table 45 Quantum Communications: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 46 Quantum Communications: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
7.2.1 Quantum Random Generators
7.2.1.1 Generation Of Random Numbers For Advanced Level Of Security To Boost Market
7.2.2 Quantum Key Distribution
7.2.2.1 Secure Data Transfer Provided By Quantum Key Distribution To Drive Market
7.3 Quantum Sensing & Metrology
7.3.1 Atomic Clocks
7.3.1.1 Precise Measurement Of Time Provided By Atomic Clocks To Fuel Market Growth
7.3.2 Quantum Dot Photodetectors
7.3.2.1 Ability Of Quantum Dot Photodetectors To Make Precise Measurements To Fuel Market Growth
7.3.3 Par (Photosynthetically Active Radiation) Quantum Sensors
7.3.3.1 Use Of Par To Monitor Plant Growth To Drive Market
7.3.4 Quantum Lidar
7.3.4.1 Precise And Detailed Images Even In Challenging Conditions To Drive Market
Table 47 Quantum Sensing & Metrology: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 48 Quantum Sensing & Metrology: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
Table 49 Quantum Sensing & Metrology: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 50 Quantum Sensing & Metrology: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 51 Quantum Sensing & Metrology: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 52 Quantum Sensing & Metrology: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
7.4 Quantum Computing
7.4.1 On-premises
7.4.1.1 On-premises Photonic Quantum Computer To Offer Enhanced Security And Low Latency
7.4.2 Cloud
7.4.2.1 Growing Adoption Of Cloud-based Quantum Computing For Research And Development
Table 53 Quantum Computing: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 54 Quantum Computing: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
Table 55 Quantum Photonics Market, By Services, 2020–2022 (Usd Million)
Table 56 Quantum Photonics Market, By Services, 2023–2030 (Usd Million)
Table 57 Quantum Computing: Quantum Photonics Market, By Deployment Mode, 2020–2022 (Usd Million)
Table 58 Quantum Computing: Quantum Photonics Market, By Deployment Mode, 2023–2030 (Usd Million)
Table 59 Quantum Computing: Quantum Photonics Market, By Offering, 2020–2022 (Usd Million)
Table 60 Quantum Computing: Quantum Photonics Market, By Offering, 2023–2030 (Usd Million)
Table 61 Quantum Computing: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 62 Quantum Computing: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
8 Quantum Photonics Market, By Vertical
8.1 Introduction
Figure 38 Banking & Finance Segment To Dominate Market During Forecast Period
Table 63 Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 64 Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
8.2 Space & Defense
8.2.1 Rise In Use Of Quantum Photonics For Concurrent Execution Of Processes To Boost Market
Figure 39 North America Segment To Dominate Quantum Photonics Market For Space & Defense During Forecast Period
Table 65 Space & Defense: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 66 Space & Defense: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.3 Banking & Finance
8.3.1 Increase In Use Of Quantum Photonics In Banking & Finance Sectors To Fuel Market
Figure 40 Asia Pacific To Record Highest Cagr For Banking & Finance During Forecast Period
Table 67 Banking & Finance: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 68 Banking & Finance: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.4 Healthcare & Pharmaceutical
8.4.1 Rise In Requirement For Personalized Diagnostic Tools And Tailored Therapies To Boost Market
Figure 41 Asia Pacific Segment To Dominate Market For Healthcare & Pharmaceutical During Forecast Period
Table 69 Healthcare & Pharmaceutical: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 70 Healthcare & Pharmaceutical: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.5 Transportation & Logistics
8.5.1 Increase In Use Of Quantum-based Methods To Improve Traffic Flow To Drive Market
Figure 42 Asia Pacific Segment To Grow At Highest Cagr In Quantum Photonics Market For Transportation & Logistics During Forecast Period
Table 71 Transportation & Logistics: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 72 Transportation & Logistics: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.6 Government
8.6.1 Spike In Investments For Development Of Quantum Photonics Technology To Drive Market
Figure 43 Asia Pacific Segment To Dominate Market For Government Sector During Forecast Period
Table 73 Government: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 74 Government: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.7 Agriculture & Environment
8.7.1 Precise Detection Capabilities For Monitoring Crucial Parameters To Boost Market
Figure 44 North America Segment To Grow At Highest Cagr For Agriculture & Environment Market During Forecast Period
Table 75 Agriculture & Environment: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 76 Agriculture & Environment: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
8.8 Others
Figure 45 Asia Pacific Segment To Lead Market For Others Segment During Forecast Period
Table 77 Others: Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 78 Others: Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
9 Quantum Photonics Market, By Region
9.1 Introduction
Figure 46 South Korea To Register Highest Cagr During Forecast Period
Table 79 Quantum Photonics Market, By Region, 2020–2022 (Usd Million)
Table 80 Quantum Photonics Market, By Region, 2023–2030 (Usd Million)
9.2 North America
9.2.1 North America: Recession Impact
Figure 47 North America: Snapshot Of Quantum Photonics Market
Table 81 North America: Quantum Photonics Market, By Country, 2020–2022 (Usd Million)
Table 82 North America: Quantum Photonics Market, By Country, 2023–2030 (Usd Million)
Table 83 North America: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 84 North America: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 85 North America: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 86 North America: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
9.2.2 Us
9.2.2.1 Extensive Investments In Quantum Photonics Research & Development To Drive Market
9.2.3 Canada
9.2.3.1 Spike In Government-led Investments For Development Of New Technologies To Fuel Market
9.2.4 Mexico
9.2.4.1 Rise In Quantum Photonics Developmental Initiatives To Boost Market
9.3 Europe
9.3.1 Europe: Recession Impact
Figure 48 Europe: Snapshot Of Quantum Photonics Market
Table 87 Europe: Quantum Photonics Market, By Country, 2020–2022 (Usd Million)
Table 88 Europe: Quantum Photonics Market, By Country, 2023–2030 (Usd Million)
Table 89 Europe: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 90 Europe: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 91 Europe: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 92 Europe: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
9.3.2 Uk
9.3.2.1 Industrial Developments And Increase In Adoption Of Quantum Photonics To Fuel Market
9.3.3 Germany
9.3.3.1 Strong Industrial And Research Presence In Germany To Drive Quantum Photonics Market
9.3.4 France
9.3.4.1 Surge In Demand For Advanced Technologies For Secure Communications To Fuel Market
9.3.5 Netherlands
9.3.5.1 Rise In Initiatives To Develop Quantum Photonics Technology To Drive Market
9.3.6 Rest Of Europe
9.4 Asia Pacific
9.4.1 Asia Pacific: Recession Impact
Figure 49 Asia Pacific: Snapshot Of Quantum Photonics Market
Table 93 Asia Pacific: Quantum Photonics Market, By Country, 2020–2022 (Usd Million)
Table 94 Asia Pacific: Quantum Photonics Market, By Country, 2023–2030 (Usd Million)
Table 95 Asia Pacific: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 96 Asia Pacific: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 97 Asia Pacific: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 98 Asia Pacific: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
9.4.2 China
9.4.2.1 Government-led Initiatives And Spike In Funding For Development Of Quantum Computers To Fuel Market
9.4.3 Japan
9.4.3.1 Rise In Focus On Deployment Of Emerging Technologies To Boost Market
9.4.4 South Korea
9.4.4.1 Growing Adoption Of Quantum Photonics Technology By Key Consumer Electronics Manufacturers To Drive Market
9.4.5 Rest Of Asia Pacific
9.5 Rest Of The World
Table 99 Row: Quantum Photonics Market, By Country, 2020–2022 (Usd Million)
Table 100 Row: Quantum Photonics Market, By Country, 2023–2030 (Usd Million)
Table 101 Row: Quantum Photonics Market, By Application, 2020–2022 (Usd Million)
Table 102 Row: Quantum Photonics Market, By Application, 2023–2030 (Usd Million)
Table 103 Row: Quantum Photonics Market, By Vertical, 2020–2022 (Usd Million)
Table 104 Row: Quantum Photonics Market, By Vertical, 2023–2030 (Usd Million)
9.5.1 South America
9.5.1.1 Establishment Of Quantum Communities To Drive Market
9.5.2 Middle East & Africa
9.5.2.1 Rise In Initiatives To Increase Awareness Regarding Quantum Photonics To Boost Market
10 Competitive Landscape
10.1 Introduction
10.2 Key Strategies Adopted By Major Companies
Table 105 Overview Of Strategies Adopted By Key Players In Quantum Photonics Market
10.3 Revenue Analysis
Figure 50 Revenue Analysis Of Key Players In Quantum Photonics Market, 2020–2022
10.4 Market Share Analysis, 2022
Figure 51 Quantum Photonics Market: Share Of Key Players, 2022
Table 106 Quantum Photonics Market: Degree Of Competition
10.5 Company Evaluation Quadrant, 2022
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Pervasive Players
10.5.4 Participants
Figure 52 Quantum Photonics Market: Company Evaluation Quadrant, 2022
10.6 Competitive Benchmarking
10.6.1 Company Footprint: Offering
10.6.2 Company Footprint: Region
10.6.3 Company Footprint: Application
10.6.4 Overall Company Footprint
10.7 Startup/Sme Evaluation Quadrant, 2022
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 53 Quantum Photonics Market: Startup/Sme Evaluation Quadrant, 2022
Table 107 Quantum Photonics Market: List Of Key Startups/Smes
Table 108 Quantum Photonics Market: Competitive Benchmarking Of Key Startups/Smes
10.8 Competitive Situations And Trends
Table 109 Quantum Photonics Market: Product Launches, 2020–2023
Table 110 Quantum Photonics Market: Deals, 2020–2023
Table 111 Quantum Photonics Market: Others, 2020–2023
11 Company Profiles
(Business Overview, Products Offered, Recent Developments, Mnm View)*
11.1 Key Players
11.1.1 Xanadu
Table 112 Xanadu: Company Overview
Table 113 Xanadu: Products Offered
Table 114 Xanadu: Product Launches
Table 115 Xanadu: Deals
11.1.2 Psi Quantum
Table 116 Psiquantum: Company Overview
Table 117 Psiquantum: Products Offered
Table 118 Psiquantum: Deals
11.1.3 Quandela
Table 119 Quandela: Company Overview
Table 120 Quandela: Products Offered
Table 121 Quandela: Product Launches
Table 122 Quandela: Deals
11.1.4 Id Quantique
Table 123 Id Quantique: Company Overview
Table 124 Id Quantique: Products Offered
Table 125 Id Quantique: Product Launches
Table 126 Id Quantique: Deals
11.1.5 Toshiba
Table 127 Toshiba: Company Overview
Figure 54 Toshiba: Company Snapshot
Table 128 Toshiba: Product Launches
Table 129 Toshiba: Deals
11.1.6 Orca Computing
Table 130 Orca Computing: Company Overview
Table 131 Orca Computing: Products Offered
Table 132 Orca Computing: Deals
11.1.7 Quix Quantum
Table 133 Quix Quantum: Company Overview
Table 134 Quix Quantum: Products Offered
Table 135 Quix Quantum: Product Launches
Table 136 Quix Quantum: Deals
11.1.8 Tundrasystems Global
Table 137 Tundrasystems Global: Company Overview
Table 138 Tundrasystems Global: Products Offered
11.1.9 Nordic Quantum Computing Group (Nqcg)
Table 139 Nordic Quantum Computing Group: Company Overview
Table 140 Nordic Quantum Computing Group: Products Offered
Table 141 Nordic Quantum Computing Group: Deals
11.1.10 Nu Quantum
Table 142 Nu Quantum: Company Overview
Table 143 Nu Quantum: Products Offered
Table 144 Nu Quantum: Deals
*Details On Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.
11.2 Other Key Players
11.2.1 Single Quantum
11.2.2 Amazon Web Services
11.2.3 Ntt Technologies
11.2.4 M Squared
11.2.5 Aosense
11.2.6 Nec Corporation
11.2.7 Quantum Xchange
11.2.8 Crypta Labs
11.2.9 Microchip Technology
11.2.10 Menlo Systems
11.2.11 Thorlabs
11.2.12 Quintessence Labs
11.2.13 Quantum Dice
11.2.14 Quside
11.2.15 Qubitekk
12 Appendix
12.1 Discussion Guide
12.2 Knowledgestore: Marketsandmarkets’ Subscription Portal
12.3 Customization Options
12.4 Related Reports
12.5 Author Details

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