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EPIC Report Extract on Photonics as an Enabling Technology for Quantum Computing by Yole Group, 2024

2024

The report “Photonics as an Enabling Technology for Quantum Computing: Status of Quantum Computing” by YOLE Group delves into the current landscape of quantum computing, highlighting the emergence of Quantum Annealers and Quantum Emulators. However, the future promises the evolution towards NISQ (Noisy Intermediate-Scale Quantum) and FTQC (Fault-Tolerant Quantum Computing) systems.

The report offers insightful market and applications forecasts, revealing that in 2022, the quantum market generated $761 million and is projected to reach $2.13 billion by 2030, with computing expected to be the predominant technology driving this growth.

A significant aspect explored in the report is the role of photonics in quantum computing. Photon qubits and the silicon photonics platform are anticipated to play pivotal roles in advancing quantum computing capabilities. These technologies are poised to revolutionize the field, offering enhanced performance and scalability crucial for unlocking the full potential of quantum computing in various applications and industries.

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