PUBLISHER: Lucintel | PRODUCT CODE: 1417525
PUBLISHER: Lucintel | PRODUCT CODE: 1417525
Quantum Cryptography Trends and Forecast
The future of the global quantum cryptography market looks promising with opportunities in the IT & telecommunication, BFSI, government & defense, healthcare markets. The global quantum cryptography market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 43.1% from 2024 to 2030. The major drivers for this market are increasing cybersattacks in the digitalization era and developing advanced wireless network technologies for the next generation.
A more than 150-page report is developed to help in your business decisions.
Quantum Cryptography by Segment
The study includes a forecast for the global quantum cryptography by offering, application , end use industry, and region.
List of Quantum Cryptography Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies quantum cryptography companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the quantum cryptography companies profiled in this report include-
Quantum Cryptography Market Insights
Lucintel forecasts that network security will remain the largest segment over the forecast period growth in the BYOD trend at work, the virtualization of servers, and the utilization of cloud computing services.
North America will remain the largest region over the forecast period due to the existence of advanced economies like the US and Canada, companies spanning BFSI, retail, it & telecom, and healthcare flourish.
Features of the Global Quantum Cryptography Market
Market Size Estimates: Quantum cryptography market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Quantum cryptography market size by offering, application , end use industry, and region in terms of value ($B).
Regional Analysis: Quantum cryptography market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, application , end use industry, and regions for the quantum cryptography market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the quantum cryptography market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the quantum cryptography market size?
Answer: The global quantum cryptography market is expected to reach an estimated $5.9 billion by 2030.
Q2. What is the growth forecast for quantum cryptography market?
Answer: The global quantum cryptography market is expected to grow with a CAGR of 43.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the quantum cryptography market?
Answer: The major drivers for this market are increasing cybersattacks in the digitalization era and developing advanced wireless network technologies for the next generation.
Q4. What are the major segments for quantum cryptography market?
Answer: The future of the quantum cryptography market looks promising with opportunities in the IT & telecommunication, BFSI, government & defense, healthcare markets.
Q5. Who are the key quantum cryptography market companies?
Answer: Some of the key quantum cryptography companies are as follows.
Q6. Which quantum cryptography market segment will be the largest in future?
Answer: Lucintel forecasts that network security will remain the largest segment over the forecast period growth in the BYOD trend at work, the virtualization of servers, and the utilization of cloud computing services.
Q7. In quantum cryptography market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the existence of advanced economies like the US and canada, companies spanning BFSI, retail, IT & telecom, and healthcare flourish.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.