Global Quantum Cryptography Solutions Market 2021-2025

Global Quantum Cryptography Solutions Market 2021-2025

  • April 2021 •
  • 120 pages •
  • Report ID: 5483120 •
  • Format: PDF
Global Quantum Cryptography Solutions Market 2021-2025
The analyst has been monitoring the quantum cryptography solutions market and it is poised to grow by $ 243.23 million during 2021-2025, progressing at a CAGR of almost 24% during the forecast period. Our report on the quantum cryptography solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the un-hackability of photons assured by laws of QM, possible obsolescence of traditional encryption, and the growing significance of cybersecurity. In addition, the un-hackability of photons assured by the laws of QM is anticipated to boost the growth of the market as well.
The quantum cryptography solutions market analysis includes the end-user segment and geographic landscape.

The quantum cryptography solutions market is segmented as below:
By End-user
• Defense
• Government and public sector
• BFSI
• Telecom
• Others

By Geography
• North America
• Europe
• APAC
• MEA
• South America

This study identifies the emergence of QKD as a service as one of the prime reasons driving the quantum cryptography solutions market growth during the next few years. Also, extending the range of secure communication using twin-field QKD and the increasing popularity of free-space QKD will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on quantum cryptography solutions market covers the following areas:
• Quantum cryptography solutions market sizing
• Quantum cryptography solutions market forecast
• Quantum cryptography solutions market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading quantum cryptography solutions market vendors that include Honeywell International Inc., Infineon Technologies AG, International Business Machines Corp., MagiQ Technologies Inc., Quantum Xchange, Qubitekk Inc., QuintessenceLabs Pvt. Ltd., Raytheon Technologies Corp., SK Telecom Co. Ltd., and Toshiba Corp. Also, the quantum cryptography solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.