Press release
Quantum Sensors Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2027
The Information Technology & Telecommunication Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Information Technology & Telecommunication market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Information Technology & Telecommunication market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Information Technology & Telecommunication market.The quantum sensors market was valued at USD 1145.2 million in 2020, and it is expected to reach USD 1852.36 million by 2026, registering a CAGR of 8.67% during the period of 2021 - 2026.
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Top Leading Companies of Information Technology & Telecommunication Market are - AOSense, Apogee Instrument Inc., M Squared, Muquans, Robert Bosch GmbH, Skye Instruments Ltd., Campbell Scientific Ltd., LI-COR, Inc and others.
Industry News and Updates:
- September 2020 - The Defence Research and Development Organisation (DRDO) hinted at forming a special committee at the national level for coordinating a collaborative effort in research and application of quantum technology, which is an emerging field of physics and engineering and relies on the principles of quantum physics in the defense sector.
- August 2020 - China announced that it started work on a massive quantum research facility in Hefei in Anhui province three years ago, designated as its national program headquarters. The state media reported that the program's investment will reach CNY 100 billion (USD14.8 billion) by 2022. According to Pan Janwei, the father of China’s quantum satellite programme, the country was trying to develop three disruptive technologies- quantum sensors, quantum computers, and quantum internet.
Key Market Trends:
Increasing Research Activities is Expected to Drive the Market
- The research work is anticipated to support the modernization priorities of the US Army in next-generation computer networks and assured position, navigation, and timing. The research study could assist in the detection of RF signals for geolocation by potentially influencing novel communications concepts or approaches. Further studies are being conducted with an intent to expand detection protocols for more complicated waveforms and improve the sensitivity to detect even weaker signals.
- Such ongoing research and development activities are anticipated to constitute to a notable advance in the technology and provides tremendous growth opportunities during the forecast periodPublished July 2019), revealed the discovery of a new method that could be employed to build quantum sensors with ultra-high precision.
Europe is Expected to Dominate the Market
- Europe is expected to dominate the market because Europe is one of those regions which started investing in the market early and have also made some strategic plans for the coming future.
- The United Kingdom was an early mover in quantum technologies. Additionally, the UK government recognized the potential of new quantum technologies and announced in the 2013 Autumn Statement GBP 270 million to set up the National Quantum Technologies Programme.
- The program is a coordinated effort between the Department for Business, Innovation and Skills (BIS), the Engineering and Physical Sciences Research Council (EPSRC), Innovate the UK, and the National Physical Laboratory (NPL), in partnership with the Defence Science and Technology Laboratory (DSTL) and the National Technical Authority for Information Assurance (CESG).
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Information Technology & Telecommunication Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Information Technology & Telecommunication Market (%),2016 - 2026
- Information Technology & Telecommunication Market Share, By Brand
- Information Technology & Telecommunication Market Share, By Company
- Information Technology & Telecommunication Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Information Technology & Telecommunication Market Value Analysis & Forecast
- Promising Information Technology & Telecommunication Development by Major Companies
- Detailed Information Technology & Telecommunication Portfolio of the Major Companies
- Major Deals in the Information Technology & Telecommunication Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082592692/quantum-sensors-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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