The globally integrated quantum optical circuits market garnered US$ 1.87 Billion in 2021 and is likely to exhibit a Y-o-Y increase of 6.5% to be valued at US$ 1.99 Billion in 2022.
Owing to the upsurge in investment in establishing a 5G network, the market is set to direct towards a positive growth trajectory. However, the design complexity regarding the fabrication of circuits might cause some hurdles in the growth of the integrated quantum optical circuits market. Future Market Insights forecasts that the market will likely expand to US$ 3.75 Billion by 2032.
“Soaring demand for high-speed internet connectivity and burgeoning demand for an enhanced alternative for conventional technology is set to put the market on blaze”
Attributes | Details |
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Market CAGR (2022 to 2032) | 6.5% |
Market (2032) | US$ 3.75 Billion |
Market Attraction | The profusion of app-based solutions in personal and professional services is anticipated to act as a critical driver for the growth of the integrated quantum optical circuits market |
As there is a huge investment in building a 5G network globally, there is a good demand for integrated quantum optical circuits in the telecommunication sector. The integrated quantum optical circuits help in the miniaturization and optical scaling of optical quantum circuits.
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Many factors are driving the market for integrated quantum optical circuits, and one of the major factors is the surge in the demand for better and faster internet connectivity. As an integrated quantum optical circuit is one of the components that helps solve the purpose, the market for integrated quantum optical circuits is increasing at a good rate.
Another driver that helps in the increase of the integrated quantum optical circuits market is that there are regions that are having a transition from traditional technologies to new technologies in the optical fiber domain. So, this transition acts as a driver for the integrated quantum optical circuits market as it would increase the market at a high rate in some regions and have a good show on the global market as well.
Some of the restraints in integrated quantum optical circuits markets have been related to the design complexity of integrated quantum optical circuits. The designs of the integrated quantum optical circuits are fairly complex to manufacture and hence attract fewer manufacturers in the integrated quantum optical circuits market, this, in turn, generates fewer opportunities in some regions and slows down the growth of the integrated quantum optical circuits market.
Another restraint for the integrated quantum optical circuits market has been the high initial cost to adopt the specific circuits in the regions. The regions like North America as per their spending could easily afford to have integrated quantum optical circuits whereas, in the regions like MEA, it would be difficult to adopt the same easily.
North America captured nearly 43% share 2021 of the integrated quantum optical circuits market, backed by the swelling adoption of PIC-based products, particularly in the data centres and WAN applications of optical fiber communication. For instance, in March 20221, R&M, the globally active developer and provider of cabling systems for high-quality network infrastructures, launched fiber-to-the-home (FTTH) products and services in North America, providing end-to-end connectivity from the central office to the premises.
Besides, in terms of value, the leading of integrated quantum optical circuits will further elevate the growth of the integrated quantum optical circuits market in the region throughout the conjecture period.
This market growth is propelled by the early adoption of new technologies, high spending on R&D, and rapid innovations in the province powered by the presence of large U.S.-based companies in the integrated quantum optical circuit industry.
A recently published report by Future Market Insights reveals that the North American market for Integrated Quantum Optical Circuits is projected to follow an expansion rate of 6.5% throughout the forecast period.
Asia-Pacific is projected to exhibit substantial growth in the integrated quantum optical circuits market owing to the occurrence of tier-1 creators. Furthermore, the upsurge in the communication industry and major development in the optical fiber communication segment are further estimated to boost the growth of the integrated quantum optical circuits market in the region in the forthcoming years.
For instance, In May 2022, A new high-performance submarine cable is being manufactured to enhance connectivity between Hong Kong, China, and Southeast Asia. China Mobile International Limited, China Unicom Global, and Converge Information and Communications Technology Solutions Inc. have all reaffirmed their partnership to construct and operate the South-East Asia Hainan - Hong Kong Express Cable System (SEA-H2X).
CMI continues to emphasize digital economy development by expanding its digital infrastructure including cable systems, PoPs, and data centers. The company has been investing in various submarine cables due to the soaring demand for data usage in the Asia-Pacific region. Rendering these factors, the APAC market for Integrated Quantum Optical Circuits is forecast to register a growth rate of nearly 6.6% during the assessment period, reveals the Future Market Insights report.
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Prominent players in the global Integrated Quantum Optical Circuits market are TE Connectivity, Intel Corporation, Emcore Corporation, Aifotec AG, Ciena Corporation, Finisar Corporation, Infinera Corporation, Oclaro Inc., Luxtera, Inc., and Nanophotonics Corporation among others. Recent key developments among players include:
Report Attribute | Details |
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Growth Rate | CAGR of 6.5% from 2022 to 2032 |
Market Value in 2022 | US$ 1.99 Billion |
Market Value in 2032 | US$ 3.75 Billion |
Base Year for Estimation | 2021 |
Historical Data available for | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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The global integrated quantum optical circuits market is estimated to grow at a CAGR of 6.5% from 2022 to 2032.
The North American market is expected to be the most lucrative market, expanding at a 6.5% CAGR from 2022 to 2032
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Material Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Material Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Material Type, 2022-2032 5.3.1. Indium Phosphide 5.3.2. Silica Glass 5.3.3. Silicon Photonics 5.3.4. Lithium Niobate 5.3.5. Gallium Arsenide 5.4. Y-o-Y Growth Trend Analysis By Material Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Material Type, 2022-2032 6. Global Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Component 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Component, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Component, 2022-2032 6.3.1. Waveguides 6.3.2. Directional Coupler 6.3.3. Active Components 6.3.4. Light Sources 6.3.5. Detectors 6.4. Y-o-Y Growth Trend Analysis By Component, 2017-2021 6.5. Absolute $ Opportunity Analysis By Component, 2022-2032 7. Global Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032 7.3.1. Optical Fiber Communication 7.3.2. Optical Sensors 7.3.3. Bio Medical 7.3.4. Quantum Computing 7.3.5. Other Applications 7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021 7.5. Absolute $ Opportunity Analysis By Application, 2022-2032 8. Global Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Material Type 9.2.3. By Component 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material Type 9.3.3. By Component 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Material Type 10.2.3. By Component 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material Type 10.3.3. By Component 10.3.4. By Application 10.4. Key Takeaways 11. Europe Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Material Type 11.2.3. By Component 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material Type 11.3.3. By Component 11.3.4. By Application 11.4. Key Takeaways 12. Asia Pacific Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Malaysia 12.2.1.5. Singapore 12.2.1.6. Australia 12.2.1.7. New Zealand 12.2.1.8. Rest of APAC 12.2.2. By Material Type 12.2.3. By Component 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material Type 12.3.3. By Component 12.3.4. By Application 12.4. Key Takeaways 13. MEA Integrated Quantum Optical Circuits Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Material Type 13.2.3. By Component 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material Type 13.3.3. By Component 13.3.4. By Application 13.4. Key Takeaways 14. Key Countries Integrated Quantum Optical Circuits Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Material Type 14.1.2.2. By Component 14.1.2.3. By Application 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Material Type 14.2.2.2. By Component 14.2.2.3. By Application 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Material Type 14.3.2.2. By Component 14.3.2.3. By Application 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Material Type 14.4.2.2. By Component 14.4.2.3. By Application 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Material Type 14.5.2.2. By Component 14.5.2.3. By Application 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Material Type 14.6.2.2. By Component 14.6.2.3. By Application 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Material Type 14.7.2.2. By Component 14.7.2.3. By Application 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Material Type 14.8.2.2. By Component 14.8.2.3. By Application 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Material Type 14.9.2.2. By Component 14.9.2.3. By Application 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Material Type 14.10.2.2. By Component 14.10.2.3. By Application 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Material Type 14.11.2.2. By Component 14.11.2.3. By Application 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Material Type 14.12.2.2. By Component 14.12.2.3. By Application 14.13. Malaysia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Material Type 14.13.2.2. By Component 14.13.2.3. By Application 14.14. Singapore 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Material Type 14.14.2.2. By Component 14.14.2.3. By Application 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Material Type 14.15.2.2. By Component 14.15.2.3. By Application 14.16. New Zealand 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Material Type 14.16.2.2. By Component 14.16.2.3. By Application 14.17. GCC Countries 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Material Type 14.17.2.2. By Component 14.17.2.3. By Application 14.18. South Africa 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Material Type 14.18.2.2. By Component 14.18.2.3. By Application 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Material Type 14.19.2.2. By Component 14.19.2.3. By Application 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Material Type 15.3.3. By Component 15.3.4. By Application 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. TE Connectivity 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Intel Corporation 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Emcore Corporation 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Aifotec AG 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Ciena Corporation 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Finisar Corporation 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. Infinera Corporation 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Oclaro Inc. 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Cisco 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Neophotonics Corporation 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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