Is Now The Time To Get Your Quantum IP In A Coherent State?

It is very hard to predict, especially the future. The adage, sometimes attributed to Niels Bohr, is always worth bearing in mind when forecasting the uptake of new technologies. A recent report from Oxford Economics however does an admirable job in mitigating the uncertainties to provide a breakdown of its view of the future significance of the quantum computing industry to the UK economy.

The analysis in the report divides the growth of the quantum computing industry into 3 phases:

1. Scoping and R&D;
2. Quantum technology reaches maturity and becomes commercially viable; and
3. Industry's full-adoption of quantum computing

Phase 1 has been forecast drawing an analogy with the growth trajectory of the artificial intelligence market in the US "to reflect the growth of a rapidly evolving field which has made large technological breakthroughs". The forecast of phase 2 is similarly tied to the growth of mainframe computing systems between 1960 and 1971 owing to