Global Quantum Cryptography Market Size Study & Forecast, by Type, by Security Type, by Industry, and Regional Analysis, 2023-2030

Description

List of Tables

Global Quantum Cryptography Market is valued at approximately USD 111.6 million in 2022 and is anticipated to grow with a healthy growth rate of more than 19.8% over the forecast period 2023-2030. Quantum cryptography is a field of study and technology that leverages the principles of quantum mechanics to provide secure communication between two parties. It aims to ensure the confidentiality and integrity of information exchanged over a communication channel. The market growth is driven by key factors including increasing government funding for cybersecurity, surging demand for next-generation security solutions for cloud and IoT technologies and evolving next-generation wireless network technologies.

Additionally, the rising concerns about cyberattacks in the digitalization era are further contributing to market expansion around the world. Quantum cryptography has the potential to give higher security assurances than conventional cryptographic techniques, making it a suitable choice for companies and governments to improve data security. According to the report of Israel21c in 2021, cyber-attacks have increased to around 225% in the past three years from 2018 to 2021. In 2021, nearly 85% of cyber-attacks were carried out remotely, and 40% of attacks targeted back-end servers. Additionally, in 2021, about 54.1% of attacks took place by Black Hat hackers which is up from 49% in 2020. It includes 38% data/privacy breaches, 27% car theft /break-ins, and 20% control system attacks. Thus, these aforementioned factors are fueling the growth of the Quantum Cryptography Market during the estimated period. Moreover, the spur in demand for security solutions across industry verticals, as well as the increasing need for integrated solutions present various lucrative opportunities over the forecast years. However, the unavailability of skilled professionals and the high implementation cost are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Quantum Cryptography Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing cybersecurity funding, high demand for next-generation security resolutions for cloud and IoT technologies, the evolution of wireless network technologies, and multiple partnerships and collaborations to promote and develop apprenticeship programs. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. rising incidents of cyber-attacks with acceleration in digitalization, supportive government regulations for data security, growing trend of the Internet of Things (IoT), as well as emerging Quantum Key Distribution (QKD) solutions are significantly propelling the market demand across the region.

Major market players included in this report are:

QuintessenceLabs. (Australia)
Quside Technologies (Spain)
MagiQ Technologies (U.S.)
Toshiba Digital Solutions Corporation (Japan)
QNu Labs Private Limited. (India)
KETS QUANTUM SECURITY LTD. (U.K.)
LuxQuanta Technologies S.L. (Spain)
Quantum Xchange. (U.S.)
ID Quantique (Switzerland)
Qrypt (U.S.)

Recent Developments in the Market:

In May 2023, Amazon Web Services launched two quantum computing skill-development programs in India. The company is working with educational institutions and learning platforms to integrate Amazon Braket, a fully managed quantum computing service, into the courses.
In May 2021, QNu Labs announced the introduction of a QRNG chip and QKD system with a range beyond 100 km. With this launch, the company is focusing on expanding its market presence in India.

Global Quantum Cryptography Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Security Type, Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Quantum Key Distribution
Quantum Random Number Generation
Others

By Security Type:

Application Security
Network Security

By Industry:

BFSI
Cloud & Datacentre
Government
Energy & Utilities
Healthcare
Automotive
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Quantum Cryptography Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Quantum Cryptography Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Quantum Cryptography Market, by Security Type, 2020-2030 (USD Million)
- 1.2.4. Quantum Cryptography Market, by Industry, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Quantum Cryptography Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Quantum Cryptography Market Dynamics

3.1. Quantum Cryptography Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surging demand for next-generation security solutions for cloud and IoT technologies
  - 3.1.1.2. Rising concerns about cyberattacks in the digitalization
- 3.1.2. Market Challenges
  - 3.1.2.1. Unavailability of skilled professionals
  - 3.1.2.2. High implementation cost
- 3.1.3. Market Opportunities
  - 3.1.3.1. Spur in demand for security solutions across industry verticals
  - 3.1.3.2. Increasing need for integrated solutions

Chapter 4. Global Quantum Cryptography Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Quantum Cryptography Market, by Type

5.1. Market Snapshot
5.2. Global Quantum Cryptography Market by Type, Performance - Potential Analysis
5.3. Global Quantum Cryptography Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Quantum Cryptography Market, Sub Segment Analysis
- 5.4.1. Quantum Key Distribution
- 5.4.2. Quantum Random Number Generation
- 5.4.3. Others

Chapter 6. Global Quantum Cryptography Market, by Security Type

6.1. Market Snapshot
6.2. Global Quantum Cryptography Market by Security Type, Performance - Potential Analysis
6.3. Global Quantum Cryptography Market Estimates & Forecasts by Security Type 2020-2030 (USD Million)
6.4. Quantum Cryptography Market, Sub Segment Analysis
- 6.4.1. Application Security
- 6.4.2. Network Security

Chapter 7. Global Quantum Cryptography Market, by Industry

7.1. Market Snapshot
7.2. Global Quantum Cryptography Market by Industry, Performance - Potential Analysis
7.3. Global Quantum Cryptography Market Estimates & Forecasts by Industry 2020-2030 (USD Million)
7.4. Quantum Cryptography Market, Sub Segment Analysis
- 7.4.1. BFSI
- 7.4.2. Cloud & Datacentre
- 7.4.3. Government
- 7.4.4. Energy & Utilities
- 7.4.5. Healthcare
- 7.4.6. Automotive
- 7.4.7. Others

Chapter 8. Global Quantum Cryptography Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Quantum Cryptography Market, Regional Market Snapshot
8.4. North America Quantum Cryptography Market
- 8.4.1. U.S. Quantum Cryptography Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Security Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Quantum Cryptography Market
8.5. Europe Quantum Cryptography Market Snapshot
- 8.5.1. U.K. Quantum Cryptography Market
- 8.5.2. Germany Quantum Cryptography Market
- 8.5.3. France Quantum Cryptography Market
- 8.5.4. Spain Quantum Cryptography Market
- 8.5.5. Italy Quantum Cryptography Market
- 8.5.6. Rest of Europe Quantum Cryptography Market
8.6. Asia-Pacific Quantum Cryptography Market Snapshot
- 8.6.1. China Quantum Cryptography Market
- 8.6.2. India Quantum Cryptography Market
- 8.6.3. Japan Quantum Cryptography Market
- 8.6.4. Australia Quantum Cryptography Market
- 8.6.5. South Korea Quantum Cryptography Market
- 8.6.6. Rest of Asia Pacific Quantum Cryptography Market
8.7. Latin America Quantum Cryptography Market Snapshot
- 8.7.1. Brazil Quantum Cryptography Market
- 8.7.2. Mexico Quantum Cryptography Market
8.8. Middle East & Africa Quantum Cryptography Market
- 8.8.1. Saudi Arabia Quantum Cryptography Market
- 8.8.2. South Africa Quantum Cryptography Market
- 8.8.3. Rest of Middle East & Africa Quantum Cryptography Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. QuintessenceLabs. (Australia)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Quside Technologies (Spain)
- 9.3.3. MagiQ Technologies (U.S.)
- 9.3.4. Toshiba Digital Solutions Corporation (Japan)
- 9.3.5. QNu Labs Private Limited. (India)
- 9.3.6. KETS QUANTUM SECURITY LTD. (U.K.)
- 9.3.7. LuxQuanta Technologies S.L. (Spain)
- 9.3.8. Quantum Xchange. (U.S.)
- 9.3.9. ID Quantique (Switzerland)
- 9.3.10. Qrypt (U.S.)

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Quantum Cryptography Market, report scope
TABLE 2. Global Quantum Cryptography Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Quantum Cryptography Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4. Global Quantum Cryptography Market estimates & forecasts by Security Type 2020-2030 (USD Million)
TABLE 5. Global Quantum Cryptography Market estimates & forecasts by Industry 2020-2030 (USD Million)
TABLE 6. Global Quantum Cryptography Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Quantum Cryptography Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Quantum Cryptography Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Quantum Cryptography Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Quantum Cryptography Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Quantum Cryptography Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Quantum Cryptography Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Quantum Cryptography Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Quantum Cryptography Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Quantum Cryptography Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Quantum Cryptography Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Quantum Cryptography Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Quantum Cryptography Market
TABLE 71. List of primary sources, used in the study of global Quantum Cryptography Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Quantum Cryptography Market, research methodology
FIG 2. Global Quantum Cryptography Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Quantum Cryptography Market, key trends 2022
FIG 5. Global Quantum Cryptography Market, growth prospects 2023-2030
FIG 6. Global Quantum Cryptography Market, porters 5 force model
FIG 7. Global Quantum Cryptography Market, pest analysis
FIG 8. Global Quantum Cryptography Market, value chain analysis
FIG 9. Global Quantum Cryptography Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Quantum Cryptography Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Quantum Cryptography Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Quantum Cryptography Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Quantum Cryptography Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Quantum Cryptography Market, regional snapshot 2020 & 2030
FIG 15. North America Quantum Cryptography Market 2020 & 2030 (USD Million)
FIG 16. Europe Quantum Cryptography Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Quantum Cryptography Market 2020 & 2030 (USD Million)
FIG 18. Latin America Quantum Cryptography Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Quantum Cryptography Market 2020 & 2030 (USD Million)