Photonic Quantum Computers are quickly emerging as a viable quantum computing platform driven by the belief that they can (1) compute at room temperatures and (2) can be built at low cost using off-the-shelf optical networking components intended for the telecom industry. Our primary goal in this report is to analyze and quantify the commercial potential of quantum computers using photonics for their main fabric and to forecast their sales. We show how by 2030, worldwide revenues from photonic quantum computers will have reached US$1.1 billion shipped but this number will grow to more than US$6.8 billion by 2035. On the supply side, new firms will be entering the photonic computer market. On the demand side, the demand for quantum computers as a whole will increase dramatically, and this high growth will impact photonic QCs.
There are already around 20 vendors commercializing full stack photonic quantum at the present time, with PsiQuantum having attracted the largest funding to date and Xanadu attracting considerable attention too. This report analyzes the product/market strategies of all the manufacturers of full-stack photonic computers including Beijing Bose Quantum, Technology, Mitre Corporation, NTT, ORCA, Photonic, Quickly Quantum, PsiQuantum, Q.Ant, QC82, Quandela, Quanfluence, Quantum Computing, Inc., Quantum Source Labs, QuiXQuantum, Rotonium, Tundra Systems, Turing and Xanadu Quantum Technologies.
In this report, we also profile the relevant component, PIC, and software suppliers to the budding photonic quantum systems sector as well as including ten-year forecasts of photonic computer markets. Three types of machines break out the forecasts: “Utility-Class,” “HPC/enterprise” machines and “Other” forecasts are provided in both volume and value terms. We also include a Chapter on applications for photonic quantum computers, noting where photonic machines are especially favored.
Table of Contents
Companies Mentioned
- Beijing Bose Quantum Technology
- Centre for Quantum Computation and Communication Technology (CQC2T) - Australia
- Griffith University - Australia
- Harvard University - USA
- Iceberg Quantum (Australia)
- ID Quantique
- Institute for Photonic Quantum Systems (PhoQC) - Germany
- Israeli Quantum Computing Center (IQCC) - Israel
- Menlo Systems
- MITRE Corporation
- M-Labs
- Nanjing University - China
- Nanofiber Quantum Technologies
- National Quantum Computing Center (NQCC) - UK
- National Quantum Laboratory (NQL) - Russia
- Nexus Photonics
- Nicslab
- Niels Bohr Institute - Denmark
- NTT
- ORCA Computing
- Photonic (Canada)
- Poznan Supercomputing and Networking Center - Poland
- PsiQuantum
- Q.Ant
- qBraid (United States)
- QC Design (Germany)
- QC82
- QMware (Switzerland)
- Quandela
- Quanfluence
- Quantum Computing, Inc.
- Quantum Source Labs
- Queensland University of Technology - Australia
- QuiX Quantum
- RIKEN - Japan
- Rotonium
- Russian Quantum Center - Russia
- Sandia National Laboratory - USA
- Simon Fraser University - Canada
- Sparrow Quantum
- Spooky Manufacturing
- Toptica Photonics
- Toshiba
- TundraSystems Global LTD
- TuringQ
- University of Arizona - USA
- University of Bristol - UK
- University of New Mexico - USA
- University of Queensland - Australia
- University of Science & Technology of China (USTC)
- University of Southern Queensland
- University of the Sunshine Coast
- University of Virginia - USA
- University of Washington - USA
- University of Waterloo - Canada
- Vescent
- Xanadu Quantum Technologies