Product Code: MCP-1812
Quantum Cryptography market worldwide is projected to grow by US$2.6 Trillion, driven by a compounded growth of 32.7%. Quantum Cryptography, one of the segments analyzed and sized in this study, displays the potential to grow at over 32.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.1 Trillion by the year 2025, Quantum Cryptography will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 36.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$80.2 Billion to the region's size and clout in the next 5 to 6 years. Over US$122.6 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Quantum Cryptography will reach a market size of US$192.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 31.4% over the next couple of years and add approximately US$438.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- ID Quantique SA
- MagiQ Technologies Inc.
- Nippon Telegraph and Telephone Corp.
- Nucrypt LLC
- Oki Electric Industry Company Ltd.
- QuintessenceLabs Inc.
- Raytheon BBN Technologies
- SK Telecom
- Universal Quantum Devices
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Secure Communications - Defining the Need for Cryptography
- Recent Market Activity
- Quantum Cryptography - Providing Secure Communications
- A Pictorial Illustration of Quantum Cryptography
- Using Quantum Key Distribution
- Quantum Cryptography Market to Leapfrog over the Ensuing Years
- The Advent for Quantum Computers
- Quantum Computing Makes Quantum Cryptography Imperative
- QKD R&D
- Focus on Quantum-Secure Networks
- Patent Landscape
- Future Developments
- QKD Systems and the Different Applications
- Corporate
- Healthcare
- Defense
- Infrastructure Protection
- Transport
- Finance
- Space
- Adoption in Regional Markets
- Regional Initiatives in Quantum Cryptography Field
- China to Play a Pivotal Role in the Global Quantum Cryptography Market
- China's Quantum Experiments
- Global Competitor Market Shares
- Quantum Cryptography Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
- ID Quantique SA
- MagiQ Technologies, Inc.
- Nippon Telegraph and Telephone Corp.
- Nucrypt LLC
- Oki Electric Industry Company Ltd.
- QuintessenceLabs, Inc.
- Raytheon BBN Technologies
- SK TELECOM CO., LTD.
- Toshiba Corp.
- Universal Quantum Devices
3. MARKET TRENDS & DRIVERS
- Growing Popularity of Crypto Cloud Computing System
- Researchers Striving to Overcome Limitations in Terrestrial QKD networks
- Satellite QKD Networks to Complement Terrestrial QKD Networks
- Moving Beyond Point-to-Point Communications - An Important Step to Improve Commercialization Prospects
- Quantum Access Network with Improved APDs to Enable Quantum Cryptography for Multiple Users
- Threat of Cyber Crime Buoys Demand for Quantum Cryptography Solutions in Government Agencies
- Growing Use of Cyber Security Solutions in Public Utilities
- Demand for Cyber Security in Defense Sector on the Rise
- Business Enterprises Drive Demand for QC-based Secure Communication Systems
- Financial Services - A Key End Use Market for Information Security Solutions
- Factors Affecting Implementation of Cyber Security Solutions by Enterprises Worldwide - Ranked in Order of Influence
- Securing Internet Transaction: An Opportune Application Area for Quantum Cryptography
- Quantum Cryptography to Secure Mobile Transactions
- Strong Need for QKD Systems Compatibility with Existing Telecom Networks
- New Protocol to Bring Quantum Cryptography to Mobile Telecommunications
- Quantum Cryptography Finds Application in Securing Data for Electric Grids
- Relativistic Quantum Cryptography to Ensure Secure Bit Commitment
- Refinement of Photon Detectors Essential for Widespread Adoption
- Researchers Identify Alternative Method to Sidestep Technical Flaw in Photon Detectors
- High Cost of Infrastructure and Hardware: A Cause of Concern
- Dire Need for Established Standards
- Quantum Cryptography Driven by BYOD Policy Implementation
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Quantum Cryptography Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 2: Quantum Cryptography Market Share Shift across Key Geographies Worldwide: 2019 VS 2025
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- TABLE 3: United States Quantum Cryptography Market Estimates and Projections in US$ Million: 2018 to 2025
- CANADA
- TABLE 4: Canadian Quantum Cryptography Market Estimates and Forecasts in US$ Million: 2018 to 2025
- JAPAN
- TABLE 5: Japanese Market for Quantum Cryptography: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025
- CHINA
- TABLE 6: Chinese Quantum Cryptography Market Growth Prospects in US$ Million for the Period 2018-2025
- EUROPE
- Market Facts & Figures
- TABLE 7: European Quantum Cryptography Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 8: European Quantum Cryptography Market Share Shift by Region/Country: 2019 VS 2025
- FRANCE
- TABLE 9: Quantum Cryptography Market in France: Estimates and Projections in US$ Million for the Period 2018-2025
- GERMANY
- TABLE 10: Quantum Cryptography Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025
- ITALY
- TABLE 11: Italian Quantum Cryptography Market Growth Prospects in US$ Million for the Period 2018-2025
- UNITED KINGDOM
- TABLE 12: United Kingdom Market for Quantum Cryptography: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025
- REST OF EUROPE
- TABLE 13: Rest of Europe Quantum Cryptography Market Estimates and Forecasts in US$ Million: 2018-2025
- ASIA-PACIFIC
- TABLE 14: Quantum Cryptography Market in Asia-Pacific: Estimates and Projections in US$ Million for the Period 2018-2025
- REST OF WORLD
- TABLE 15: Rest of World Quantum Cryptography Market Estimates and Forecasts in US$ Million: 2018 to 2025
IV. COMPETITION
- Total Companies Profiled: 26
