December 22, 2024

OIDA Report: Photonics and Quantum Technologies

Quantum technologies are expected to have major impacts in markets ranging from telecom and medicine to finance but advances in product engineering are necessary to bring the technologies to market, according to the newly released OIDA Quantum Photonics Roadmap: Every Photon Counts produced in collaboration with Corning.

The OSA Industry Development Associates (OIDA) roadmap clarifies the applications and timing for quantum technologies and specifies improvements in optics and photonics components needed to enable commercialization. It covers the three major application areas: quantum sensing and metrology, quantum communications and quantum computing.

Although the quantum technology market is still in the early stages, the optics and photonics community already supplies critical enabling components to research and development labs in the near term to ensure progress. OIDA estimates sales of optics and photonics for lab equipment used by quantum researchers at about US$100 million per year. The commercial market for quantum end-use products is expected to rise to billions of dollars by 2030.

The full report is available online: www.osa.org/OIDARoadmap