(FinanceYahoo) According to a new report from Inside Quantum Technology (IQT), the market for quantum networking will reach $5.5 billion by 2025. This IQT report, “Quantum Networks: A Ten-Year Forecast and Opportunity Analysis” https://www.insidequantumtechnology.com/product/quantum-networks-a-ten-year-forecast-and-opportunity-analysis/ provides extensive ten-year forecasts of demand for quantum network equipment, software and services in both volume and value terms.
IQT believes that today’s quantum networking revenues come primarily from quantum key distribution (QK), quantum cloud computing and quantum sensor networks. Eventually, these strands will merge into a Quantum Internet. Where the Internet carries bits, the Quantum Internet will carry qubits. For such a Quantum Internet to evolve, quantum repeaters will have to be developed.
According to Lawrence Gasman, President of Inside Quantum Technology, “The time has come when the rapidly developing quantum technology industry needs to quantify the opportunities coming out of quantum networking.” Gasman thinks this new report will prove invaluable to business development and marketing executives, as well as product managers in the quantum technology, networking, IT and cybersecurity sectors. It will also be an essential resource for investors seeking to fund the quantum technology revolution.
What’s in the Report
This report provides the reader with Inside Quantum Technology’s very latest forecasts of quantum networking markets, updated from our earlier forecasts. For example, in quantum computer networking, the report offers ten-year projections with a breakdown by end user types, and by hardware, software and service. Similar analysis is also provided for QKD and sensor networks.
The ten-year forecasts are in both volume and value terms and include projections of nodes shipped, end user demand, equipment and services. The report also includes a roadmap of how we will reach the Quantum Internet including a separate forecast of quantum repeaters.