Quantum Photonics Market Insights 2025-2034: Growth Forecast and Strategic Priorities

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Quantum Photonics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of quantum photonics has seen a significant surge in past years, climbing from $0.59 billion in 2024 to an estimated $0.8 billion in 2025, boasting a compound annual growth rate (CAGR) of 37.3%. This expansion during the historic period can be traced back to several factors, including the increasing requirement for safe communication technologies, escalating usage in medical imaging and diagnostics, heightened demand for quantum-augmented imaging systems, prospects for quantum supremacy, and an uptick in investments within the quantum photonics sector.

Quantum Photonics Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, a significant expansion is anticipated in the quantum photonics market, with it due to surge to $2.83 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 37.0%. The predicted growth during this period is due to a heightened focus on quantum communication networks, developments in quantum cryptography, the need for highly secure communication, the burgeoning adoption of quantum technology, and an increased need for high-performance computing. Key trends propelling this growth comprise progress in quantum communications and technologies, a rise in investments, and ramped up research and development in the field of quantum photonics.

View the full report here:
https://www.thebusinessresearchcompany.com/report/quantum-photonics-global-market-report

What Are the Drivers Transforming the Quantum Photonics Market?
The quantum photonics market's growth is anticipated to be fueled by an increasing number of applications in medical imaging and diagnostics. Medical imaging and diagnostics encompass methods and techniques employed to obtain images of the human body for diagnosis and treatment objectives. The rising demand for early disease identification and precise treatment planning amplifies the role of medical imaging and diagnostics. Quantum photonics has improved medical imaging and diagnostics by enabling high-resolution imaging, enhancing biomarker detection sensitivity, and encouraging advanced imaging modalities development, thereby augmenting diagnostic accuracy and patient outcomes. As an example, the National Health Service (NHS), a government department in the UK, performed 44 million imaging tests in the year leading up to March 2022, reflecting a substantial increase from the 34.9 million tests conducted in the preceding year, equating to a 26% boost. As such, the uptick in applications in medical imaging and diagnostics is spurring the expansion of the quantum photonics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16169&type=smp

What Long-Term Trends Will Define the Future of the Quantum Photonics Market?
Top businesses in the quantum photonics market are innovating and producing quantum computing marvels to radically enhance computation potential. The term "Quantum Computing Marvels" is related to the extraordinary progress and impressive abilities that quantum computing brings along. For instance, Xanadu, a Canadian quantum computing firm, in June 2022, introduced Borealis to the public through cloud access which is an innovative marvel in the field of quantum computing. Borealis, possessing 216 squeezed-state qubits, marks its identity as the world's first photonic quantum computer that offers full programmability of all its components, showcasing the benefits of quantum computation.

Which Segments in the Quantum Photonics Market Offer the Most Profit Potential?
The quantum photonics market covered in this report is segmented -

1) By Component: Systems, Services
2) By Application: Quantum Communication, Quantum Sensing And Metrology, Quantum Computing
3) By End-Use: Space Research, Government And Defense, Telecommunication, Healthcare And Pharmaceutical, Transportation And Logistics, Environment

Subsegments:
1) By Systems: Quantum Light Sources (Single-Photon Sources, Entangled Photon Sources), Quantum Photodetectors, Quantum Communication Systems (Quantum Key Distribution Systems), Quantum Imaging Systems, Quantum Sensors (For Metrology, Navigation), Integrated Quantum Photonics Systems, Photonic Quantum Processors
2) By Services: Quantum Photonics Consulting Services, Quantum Photonics System Integration, Quantum Research And Development Services, Quantum Network Design And Optimization Services, Testing And Calibration Services For Quantum Photonics

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16169&type=smp

Which Firms Dominate the Quantum Photonics Market by Market Share and Revenue in 2025?
Major companies operating in the quantum photonics market are Nippon Telegraph and Telephone Corporation, International Business Machines Corp., Toshiba Corporation, NEC Corporation, Thorlabs Inc., PsiQuantum Corp., ColdQuanta Inc., Xanadu, Aosense Inc., ID Quantique, ORCA Computing Limited, M Squared Lasers Limited, Q-CTRL, Nu Quantum, QuintessenceLabs Pty Ltd., Quandela, MagiQ Technologies Inc., Menlo Systems, Qubitekk Inc., QuiX Quantum Holding BV, Quside Technologies, TundraSystems Global LTD., Crypta Labs Limited, Quantum Xchange Inc., Qnami, Quantopticon Ltd.

Which Regions Offer the Highest Growth Potential in the Quantum Photonics Market?
North America was the largest region in the quantum photonics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quantum photonics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16169

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.