Global quantum cryptography market was valued at around $ 328 million in 2017 and is projected to grow at a CAGR of over 25% to surpass $ 1.2 billion by 2023. With growing IoT market, which encompasses IIoT, smart grids, smart cities, smart consumer wearables, smart appliances and smartphones, the need to secure data is also increasing, thereby paving way for quantum cryptography. Further, rising concerns for data security due to rapid surge in the number of cyber attacks over the past few years is expected to continue boosting the quantum cryptography market across the globe in the coming years.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

·

To define, segment, describe and forecast the global quantum cryptography market on the basis of component, enterprise, application, end-user, region and company.

To analyze and forecast global quantum cryptography market size, in terms of value.

To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of segmenting the global quantum cryptography market end-users into IT & Telecom, BFSI, Government & Defense and Others.

To identify the drivers and challenges for global quantum cryptography market.

To analyze and forecast the market size, in terms of value for Global Quantum Cryptography market with respect to Component, Application, End-user, Region and Company.

To strategically profile leading players in the market which are driving the innovation and technological advancements in global quantum cryptography market.





Global Quantum Cryptography market is controlled by ID Quantique SA, MagiQ Technologies Inc., Quintessence Labs Pty Ltd., Qubitekk Inc., Qutools GmbH, Crypta Labs, NuCrypt LLC, QuNu Labs, SK Telecom and Toshiba Corporation, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of country wide Quantum Cryptography solution and component providers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. TechSci Research further analyzed the product offerings or variants and regional presence of major Quantum Cryptography providers.

TechSci Research calculated the market size for the global quantum cryptography market using a bottom-up approach, where data for different components for standard application was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and these were externally validated through analyzing historical data of Quantum Cryptography market to arrive at the overall market size. Various secondary sources such as company website, annual reports, World Bank website, government websites, press releases, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

IT & Telecom sector

BFSI Sector

IoT Industry

Data center provider

FTTH solution providers

Cybersecurity companies

Associations, organizations, forums and alliances associated with Quantum Cryptography & start ups

Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Quantum Cryptography, providers, companies, customers and policy makers, about the targeted market segments in the coming years in order to strategize investments and capitalize on the growth of specific market segments.

Report Scope:

In this report, the global quantum cryptography market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

Market by Component:

Hardware

Service

Market by Enterprise:

Large Enterprises

Small Enterprises

• Market by Application:

Database Encryption

Network Layer Encryption

Application Security

Others

Market by End-User:

IT & Telecom

BFSI

Government & Military

Others

Market by Region:

North America

Europe

APAC

MEA

South America

Market by Company:

ID Quantique SA

MagiQ Technologies, Inc., APAC

Quintessence Labs Pty Ltd.

Qubitekk, Inc.

Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies providing Quantum Cryptography.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Further bifurcation in the regional market

In case of you can’t find what you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com