UK Quantum Technology Industry
Discover the UK’s Quantum Technology industry, where pioneering companies are harnessing the principles of quantum mechanics to develop cutting-edge technologies. Gain real-time insights into this transformative sector and download our free snapshot report today.
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What is Quantum Technology?
Quantum Technology refers to the exploitation of quantum mechanics principles to develop advanced technologies.
Companies in this sector focus on generating, detecting, and controlling quantum effects to create innovative products and solutions. Unlike the broader Quantum Economy, this RTIC focuses specifically on businesses developing and commercialising products that directly use quantum technology.
Key areas include Quantum Communication, Quantum Computing, Quantum Materials, and Quantum Sensing. Created in collaboration with the Department for Science, Innovation and Technology (DSIT), Go Science, and Innovate UK Business Connect, this RTIC showcases the forefront of quantum advancements and commercial opportunities.
Quantum Technology sector summary
Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.
Here are the key facts about the Quantum Technology sector. The sector has a turnover of £29.7bn currently, has received £2.7bn of investment and the sector is growing at 32.6% per year.
Quantum Technology verticals
Our industry data goes deep. See the top verticals and specialisms making waves in the UK Quantum Technology industry today.
Our Quantum Technology RTIC is made up of 4 individual verticals. The top verticals in this sector include Quantum Computing, and Quantum Sensing. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.
- Sector Code Description Records
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RTIC0087 Quantum Technology 100 companies
Technologies that exploit the principles of quantum mechanics based on the ability to generate, detect and/or control quantum effects. This RTIC was created in collaboration with DSIT, Go Science and Innovate UK KTN. The scope of this RTIC is more focused than the Quantum Economy RTIC, as it concentrates on companies who sell or are developing products which directly exploit quantum phenomena.
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Quantum Technology: Quantum Communication25 companies
Companies developing technologies that use quantum effects to transmit, encrypt or decrypt classical information or the communication of quantum information.
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Quantum Technology: Quantum Computing42 companies
Companies developing hardware and software to process information and perform computations based on the use of quantum bits (qubits).
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Quantum Technology: Quantum Materials17 companies
Companies developing materials whose properties are primarily defined and governed by quantum mechanical effects at macroscopic scales.
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Quantum Technology: Quantum Sensing29 companies
Companies developing technologies that use the principles of quantum mechanics to sense and measure physical attributes with high sensitivity and resolution.
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Quantum Technology industry growth
Based on a growth rate of 32.6%, we expect that this sector could be worth £28.4bn by 2026. Below you can see our forecast of the growth of the sector.
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