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Entangled Photon Source Market Share Expands as Quantum Innovation Accelerates Across Industries | Valuates Reports
Entangled Photon Source Market SizeThe global market for Entangled Photon Source was valued at US$ 14.5 million in the year 2024 and is projected to reach a revised size of US$ 26.6 million by 2031, growing at a CAGR of 9.1% during the forecast period.
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Market Size and Industry Context:
The Entangled Photon Source Market is witnessing strong growth, propelled by the rapid development of quantum computing, quantum cryptography, and advanced photonics research. These sources play a crucial role in generating quantum states used for secure data transmission and complex computational tasks. As quantum technology becomes more commercially viable, the market for entangled photon sources is expanding, driven by growing demand from both academic institutions and high-tech industries.
Market Share and Regional Overview:
In terms of market share, North America and Europe are currently leading due to their robust quantum research ecosystems and strong support from governments and tech enterprises. The Asia-Pacific region is rapidly emerging as a key contributor, with countries like China and Japan investing heavily in national quantum strategies. The rise in demand for secure communications and advanced computing capabilities is fueling the adoption of entangled photon technologies in both commercial and defense sectors.
Market Growth, Analysis, and Revenue Insights:
Market growth is expected to accelerate further as developments in optical hardware and integrated photonics make these systems more scalable and cost-efficient. Companies are focusing on enhancing stability and photon pair generation rates to expand usability in real-world quantum networks. The revenue outlook for this market remains strong, with increasing interest from telecom, defense, and computing sectors ensuring continuous momentum in the years ahead.
by Type
• Wavelength 1550nm
• Wavelength 810nm
by Application
• Commercial Application
• Research and Teaching
By Company
OZ Optics, Qubitekk, AUREA Technology, Qunnect, NuCrypt, Ki3 Photonics Technologies, Quantum Computing, S-Fifteen Instruments, QuantumCTek, Qasky
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