Quantum technology offers many untapped opportunities that businesses are just beginning to realize. Consider the case of quantum sensors, which is forecast to reach $7.1 billion by 2044, according to IDTechEx.
Quantum sensors can be used to measure time, magnetic field and current, gravity, angular motion, single-photons, and more. This could prove useful in applications such as electric and autonomous vehicles, brain scanners, quantum computers, underground mapping equipment, satellite, and consumer electronics, just to name a few.
Here is how this can help in various vertical markets:
- Timing and inertial navigation.
- Remote current sensing.
- Quantum computing read-out.
Looking to the future, we are going to see the rise of quantum sensors for a number of vertical applications and markets. Automotive is one to certainly keep an eye on, as this market continues to mature.