Quantum Technology Industry Report 2024

Report: IQT-QTIR2024-0424

Published April 2024!

IQT’s Quantum Technology Industry Report 2024 is the second annual publication to provide the latest information you need to stay informed and expand your knowledge of the rapidly evolving quantum technology industry. Covering quantum cybersecurity, quantum sensors, and quantum networks as well as quantum computing itself, this annual report provides a thorough understanding of quantum technology from the latest testbeds, developments in market-driven applications, all the way to commercial software and hardware products trends.

Table of Contents
PART ONE: INTRODUCTION
Why does the Quantum Industry Need this Report?
What is Quantum Technology?
The Importance of Being a Qubit
Plan of this Report
Research Methodology Used
PART TWO: QUANTUM COMPUTING AND QUANTUM PROCESSORS
Full-stack Quantum Computers
The QPU Business
Roadmaps
The Many Ways to Quantum Computing: Technology Developments Worldwide
The IQT Ten: Ten Companies that Matter In Quantum Computing
Quantum Inspired and Quantum Hybrid Systems
Quantum Computing and Pharmaceuticals
Quantum Computing and Advanced Materials
Quantum Computing in the Automotive Industry
Quantum in the Aerospace Industry
Defense and National Security
Quantum and the Financial Services Industry
Ten-year Forecasts of Quantum Computing in Financial Services
Planning and Implementing Quantum Computing in the Enterprise
Coda: The Future of Quantum Computing: Quantum Advantage
PART THREE: QUANTUM AI AND THE FUTURE
Quantum AI: Current State of the Art
GPUs and QPUs
New Product Development with Quantum AI
Searching Huge Databases
Quantum AI Optimization
Advantages of Quantum over Classical in an AI Environment
Implementing Quantum AI
PART FOUR: QUANTUM CYBERSECURITY
Cybersecurity: When will the Quantum Threat Arrive?
Cybersecurity Policy Considerations in the U.S.
QKD + PQC + QNG: Emerging Techno-strategies for Quantum Cybersecurity
Quantum Key Distribution
PQC Cybersecurity Standards and Products
PQC: Software Hardware and Services
QRNGs
PART FIVE: QUANTUM NETWORKING AND THE COMING OF THE QUANTUM INTERNET
An Introduction to Quantum Networking
Quantum Repeaters
The Evolution of Quantum Networks
Quantum Network Market Forecast
Quantum Networks in the U.S.
Quantum Networks in China
Quantum Networks in Europe
The Coming of the Quantum Internet
The Quantum Internet- of-Things
PART SIX: QUANTUM SENSORS: THE FIRST COMMERCIAL QUANTUM TECHNOLOGY SECTOR?
The Quantum Sensor Sector in 2023 and beyond
Quantum Sensor Market Forecast and Drivers
Chip-scale Atomic Clocks
Quantum Magnetometers
Quantum Light Detectors
Quantum Gravimeters, etc.
Quantum Sensors in Transportation and Navigation
Quantum Sensors in Construction, Surveying and the Oil and Gas Industries
Quantum-enhanced Imaging in the Healthcare Segment
Quantum Sensors in Defense
Major Influencers on the Quantum Sensor Business
PART SEVEN: QUANTUM COMPONENTS AND QUANTUM MATERIALS
Introduction
Dilution refrigerators: Latest developments
Control Electronics and Cables: A Growing Opportunity
Microwave and Optical Components
Buying in or Making Components
Quantum Materials
PART EIGHT: FINANCING THE QUANTUM REVOLUTION
Introduction
Venture Quantum
Public Companies and the Rise of SPACs
A Quantum Funding Winter?
Quantum Funding Alternatives
PART NINE: WORKFORCE AND EDUCATION ISSUES
Introduction
The Quantum Workforce
Why Start Now for Future Quantum Technology?
What Skills Are Needed for a Quantum Workforce?
The Role of Industrial Training
Training from Professional Societies and Related Organizations
Quantum Vendor-based Training
Universities and Quantum Centers
How to Create a Quantum Workforce
Executive education: Do CEOs Need to Know About Quantum?
PART TEN: DEVELOPMENTS AT THE NATIONAL AND INTERNATIONAL LEVEL
Quantum Technology: Policy and Politics
Introduction: Quantum and Sino-American Relations
Quantum in Canada
Russia, Quantum and the Ukraine War
The U.K., New Quantum Funding and Brexit
Switzerland and Quantum
Pan-European and European National Programs
Quantum Technology In Japan
Quantum in South Korea
Appendix One: Author Biography
List of Exhibits
Exhibit 1-1: Eight-year Forecast of the Quantum Technology Market ($ Millions)
Exhibit 1-2: A Map of Quantum Technology: Sectors, Subsectors and Status
Exhibit 1-3: Selected Recent Advances in Error Correction/Fault Tolerant Quantum Computing
Exhibit 2-1: Components of a Full-stack Quantum Computer
Exhibit 2-2: Comparative Analysis of Quantum Computer Qubits and Fidelity
Exhibit 2-3: Quantum Computer Technologies
Exhibit 2-4: Ten Quantum Computer Firms to Watch
Exhibit 2-5: Applications of Quantum Computing in Banking and Financial Services
Exhibit 2-6: Expenditures on Quantum Computers by Types of Financial User ($ Millions)
Exhibit 2-7: Evolution of Quantum Computing in the Enterprise
Exhibit 4-1: Expenditures on Quantum Cybersecurity by Type of Technology ($ Millions)
Exhibit 4-2: Six Factors Shaping the Worldwide QKD Sector
Exhibit 4-3: NSA Perspectives and Counterviews
Exhibit 4-4: PQC Algorithms Chosen by NIST in 2022
Exhibit 4-5: PQC Software Opportunities
Exhibit 4-6: QRNG Opportunities by End-user Market
Exhibit 4-7: QRNG Opportunities By End-user Market
Exhibit 4-8: Five Factors Shaping the QRNG Sector
Exhibit 5-1: Three Generations of Quantum Repeater (QR) Development
Exhibit 5-2: Timetable for the Evolution of Quantum Networks
Exhibit 5-3: Expenditures for Quantum Networking Systems by Type and Products Used ($ Millions) (1)
Exhibit 5-4: Notable Chinese Quantum Networking Achievements
Exhibit 6-1: Quantum Sensing Technologies by Industrial Sector
Exhibit 6-2: Summary of Eight-year Forecasts of Quantum Sensor Markets, by Type of Sensor ($ Millions)
Exhibit 6-3: Use of Quantum Sensors for Enhanced Imaging in the Healthcare Sector
Exhibit 7-1: Technology Approaches to Cryochips
Exhibit 10-1: The Pillars of the European Quantum Program


Single-user license (One Computer) ($695.00)
Group-user license (Up To Five Computers) ($1,995.00)
Clear

Contact us about our enterprise license for access of 6 or more users

Academic/Government discounts available.

Contact Us:
Telephone: 888-384-7144
Email: info@insidequantumtechnology.com

2024 Edition

Quantum Technology Industry Report 2024

Quantum Technology Industry Report 2024:
Trends, Perspectives, Forecasts

GET YOUR 2024 EDITION pre-publication offer: regular price $695; order before April 15, 2024 publication and save over 30% (pay $485)

Quantum Technology Industry Report 2024 features the latest information you need to stay informed and expand your knowledge of the constantly evolving quantum computing and technology worlds.

The 2nd annual report takes a deep dive into the growth and developments of the quantum computer and technology industry. This highly anticipated report provides, insights, market analysis and expert forecasts to help you navigate the rapidly evolving landscape of quantum computers and applied applications.

The report consists of eight chapters covering:

  • Quantum computing and QPUs – there are now over 80 companies building such products and examples of where quantum computers are outperforming classical computation in certain applications
  • Quantum cybersecurity – with NIST and other organizations around the world preparing new encryption algorithms to protect against quantum attacks a vibrant market for post-quantum communications is emerging
  • Quantum Communications and the Quantum Internet – After years of being a “science project,” this area is attracting the interest of some of the biggest players in the telecom equipment industry as well as start-ups with their eyes on advanced networking technologies such as quantum repeaters
  • Quantum sensors – quantum sensors have finally outgrowth their PAR routes with large companies viewing them as a market opportunity and new applications for quantum sensors beginning to grow beyond magnetometers
  • Quantum system materials and components – we are still at the earliest stage of practical quantum technology . Which materials have the biggest revenue potential going forward?
  • Funding for the quantum technology industry – are venture capitalists still interested in quantum or has the quantum winter finally set in? Will government funding be enough to keep up rapid growth in the quantum field?
  • The quantum workforce – training and course for quantum technicians and quantum executives
  • The International quantum technology perspective – where is the quantum space race between the US and China headed? What is the future of all those national quantum programs slated in the developed countries.

Anyone with serious interest in quantum computers and technology should be reading Quantum Technology Industry Report. There is no better annual resource for anyone in the business and development of quantum computers and applied technologies. QTIR is the industry bible. (single user and enterprise licenses available)

Additional information: info@insidequantumtechnology.com

Get the leading resource on the quantum computing & quantum technology industry

Contact Us:

Telephone: 888-384-7144

Email: info@insidequantumtechnology.com

Frequently Asked Questions

Yes, depending on which license is purchased. Purchasing Group license allows up to five computers within your organization. Purchasing Enterprise license allows for unlimited computers within your organization.
If you want to use any information or data from the report to present, republish, or share in any form, please request permission at info@insidequantumtechnology.com. We are pleased to grant permission to use one two small pieces of information, but some items might be rejected.
Yes, we recommend saving the report to your browser. Use the “save the browser” option located in the upper right area of the document viewer. You can then read the report when you are not connected to the internet. If you clear the browser’s cache, you will need to save it again if you want to read the report when going offline.
Use the latest version of Adobe Acrobat Reader to view the protected PDF of the report. Be sure to use the same computer when opening the pdf. To the view the Web version, use any browser but be sure to use that same browser each time when opening the report. Also, use standard windows rather than incognito or private windows.
The report is published annually in mid-April.
Except for historical data, nearly all the report is new each year. We believe it is important for the report to accurately reflect the current state of the industry and where it is headed.
The data used to create the charts, graphs, and tables in the report is not available in any other form.
Yes. Enterprise license is available for unlimited computers within your organization. Please contact us at info@insidequantumtechnology.com.
Yes, but only for Enterprise license and only shared within your organization.
Yes, we offer a print version. Number of prints depends on the license that is purchased.
The PDF needs to reach protectpdf.com to authenticate your login. If you are behind a proxy server, you will need to temporarily deactivate it or open your network to http://protectedpdf.com. Please check with your IT team if you need help or contact info@insidequantumtechnology.com.

After accessing the report, consider using the “save to browser” option in the upper right area of the browser. You will then be able to view the report from your device with an internet connection.

MULTIPLE USER LICENSES:

Interested In multiple user licenses and or expert consultations? Contact info@insidequantumtechnology.com

PRICING:

( ) $895 per copy (pre-publication price: $695 if ordered by publication date of April 14, 2023)

( ) Additional copy @$895

( ) Academic/government discounts available; contact info@insidequantumtechnology.com

( ) ENTERPRISE: Inquire about our enterprise option for access by 3 or more individuals

CONTACT US:

Telephone: 888-384-7144

Email: info@insidequantumtechnology.com