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Quantum Cryptography Market to 2027 - Global Analysis and Forecasts By Offering; Application, by End-user

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    Report

  • 158 Pages
  • September 2019
  • Region: Global
  • The Insight Partners
  • ID: 4847128
UP TO OFF until Mar 31st 2024
The global quantum cryptography market accounted for US$ 105.3 Mn in 2018 and is expected to grow at a CAGR of 39.2% over the forecast period 2019-2027, to account for US$ 1,996.1 Mn by 2027. The quantum cryptography market is at a nascent stage with massive potential to break through the cybersecurity industry. The quantum cryptography market players are constantly engaging themselves in advancing their features intending to offer highly secured solutions to their clients. The rise in quantum computing has led to the surge in expose of confidential data across industries. Owing to this, several end users of encryption solutions are investing significant amounts in procuring advanced data security solutions and services such as quantum cryptography.

The governments of different countries across the globe as well as various private organizations are significantly investing in cybersecurity. This is majorly attributed to secure critical data from unauthorized individuals while transferring. The enhanced security solutions offered by the market players including Quantum Key Distribution (QKD), virtual encryptor, quantum cryptography communication device and Quantum Random Number Generator (QRNG) among others facilitate in strongly encrypting critical data. This factor is attracting several governments and industries to invest in such advanced technology. Thus, the rising investment towards cybersecurity solutions is a key catalyzer for quantum cryptography market.

The spending on quantum cryptography is growing in both developed and developing regions such as North America, Europe, and the Asia Pacific. The demand for quantum cryptography is expected to grow further during the forecast period of 2019 to 2027. Rising digitization and positive economic outlook are some of the major macroeconomic factors driving the growth of the quantum cryptography market. Quantum cryptography technology is turning more into the global business, and various large players can offer quantum cryptography solutions and services worldwide. Presently on a global scale, industry verticals such as BFSI, IT & telecom, government and defense, and healthcare are the major contributors in quantum cryptography spending.

The global quantum cryptography market is segmented based on offering, application, end user, and geography. Based on the offering, the quantum cryptography market is bifurcated into solutions and services. Based on application, the quantum cryptography market is categorized into the network security, application security, database security. Based on end user, the quantum cryptography market is segmented into IT & telecommunication, BFSI, government & defense, healthcare, others. Geographically, the quantum cryptography market is categorized into four regions, including North America, Europe, Asia-Pacific, and Rest of World.

The key companies operating in the quantum cryptography market include ID Quantique, Infineon Technologies, Magiq Technologies, IBM, NuCrypt, Anhui Qasky Quantum Technology Co. Ltd., Qubitekk, Quintessence Labs, Qutools GmbH, and Toshiba Corporation, among others. Several other players are also operating in the field, and are contributing substantial revenue generation in the market.

The overall global quantum cryptography market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global quantum cryptography market. It also provides an overview and forecast for the quantum cryptography market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the quantum cryptography market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global quantum cryptography market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global quantum cryptography market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Quantum Cryptography Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 North America- PEST Analysis
4.3.2 Europe- PEST Analysis
4.3.3 Asia-Pacific- PEST Analysis
4.3.4 Rest of World- PEST Analysis
5. Quantum Cryptography Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Investment in Cybersecurity
5.1.2 High Inclination Towards the Adoption of Next-Generation Wireless Network Technologies
5.2 Key Market Restraints
5.2.1 Sluggish Commercialization and High Implementation Cost of Quantum Cryptography
5.3 Key Market Opportunities
5.3.1 Increasing Adoption and Investments in Encryption Technologies in Developing Countries
5.4 Future Trends
5.4.1 Growing Preferences and Adoption of IoT and Cloud Technologies, will Positively Impact the Market
5.5 Impact Analysis of Drivers and Restraints
6. Quantum Cryptography Market - Global Market Analysis
6.1 Global Quantum Cryptography Market Overview
6.2 Global Quantum Cryptography Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Quantum Cryptography Market - By Offering
7.1 Overview
7.2 Global Quantum Cryptography Market Breakdown, By Offering, 2018 & 2027
7.3 Solution
7.3.1 Overview
7.3.2 Global Solution Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Global Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. Quantum Cryptography Market Analysis - By Application
8.1 Overview
8.2 Global Quantum Cryptography Breakdown, By Application, 2018 & 2027
8.3 Network Security
8.3.1 Overview
8.3.2 Global Network Security Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Application Security
8.4.1 Overview
8.4.2 Global Application Security Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Database Security
8.5.1 Overview
8.5.2 Global Database Security Market Revenue and Forecasts to 2027 (US$ Mn)
9. Quantum Cryptography Market Analysis - By End User
9.1 Overview
9.2 Global Quantum Cryptography Market Breakdown, By End User, 2018 & 2027
9.3 BFSI
9.3.1 Overview
9.3.2 Global BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Healthcare
9.4.1 Overview
9.4.2 Global Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Government & Military
9.5.1 Overview
9.5.2 Global Government & Military Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 Global IT & Telecommunication Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Global Quantum Cryptography Market - Geographic Analysis
10.1 Overview
10.2 North America Quantum cryptography Market Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Quantum cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Quantum cryptography Market Breakdown, By Offering
10.2.4 North America Quantum cryptography Market Breakdown, By Application
10.2.5 North America Quantum cryptography Market Breakdown, By End-User
10.2.6 North America Quantum cryptography Market Breakdown, By Country
10.2.6.1 US Quantum Cryptography Market Revenue and Forecast to 2027 (Us$ Mn)
10.2.6.1.1 US Quantum Cryptography Market Breakdown, By Offering
10.2.6.1.2 US Quantum Cryptography Market Breakdown, By Application
10.2.6.1.3 US Quantum Cryptography Market Breakdown, By End-User
10.2.6.2 Canada Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.6.2.1 Canada Quantum Cryptography Market Breakdown, By Offering
10.2.6.2.2 Canada Quantum Cryptography Market Breakdown, By Application
10.2.6.2.3 Canada Quantum Cryptography Market Breakdown, By End-User
10.2.6.3 Mexico Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.6.3.1 Mexico Quantum Cryptography Market Breakdown, By Offering
10.2.6.3.2 Mexico Quantum Cryptography Market Breakdown, By Application
10.2.6.3.3 Mexico Quantum Cryptography Market Breakdown, By End-User
10.3 Europe Quantum Cryptography Market Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Quantum Cryptography Market Breakdown, By Offerings
10.3.4 Europe Quantum Cryptography Market Breakdown, By Application
10.3.5 Europe Quantum Cryptography Market Breakdown, By End-User
10.3.6 Europe Quantum Cryptography Market Breakdown, By Country
10.3.6.1 Germany Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.1.1 Germany Quantum Cryptography Market Breakdown, By Offerings
10.3.6.1.2 Germany Quantum Cryptography Market Breakdown, By Application
10.3.6.1.3 Germany Quantum Cryptography Market Breakdown, By End-User
10.3.6.2 UK Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.2.1 UK Quantum Cryptography Market Breakdown, By Offerings
10.3.6.2.2 UK Quantum Cryptography Market Breakdown, By Application
10.3.6.2.3 UK Quantum Cryptography Market Breakdown, By End-User
10.3.6.3 France Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.3.1 France Quantum Cryptography Market Breakdown, By Offerings
10.3.6.3.2 France Quantum Cryptography Market Breakdown, By Application
10.3.6.3.3 France Quantum Cryptography Market Breakdown, By End-User
10.3.6.4 Italy Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.4.1 Italy Quantum Cryptography Market Breakdown, By Offerings
10.3.6.4.2 Italy Quantum Cryptography Market Breakdown, By Application
10.3.6.4.3 Italy Quantum Cryptography Market Breakdown, By End-User
10.3.6.5 Russia Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.5.1 Russia Quantum Cryptography Market Breakdown, By Offerings
10.3.6.5.2 Russia Quantum Cryptography Market Breakdown, By Application
10.3.6.5.3 Russia Quantum Cryptography Market Breakdown, By End-User
10.3.6.6 Rest of Europe Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.6.1 Rest of Europe Quantum Cryptography Market Breakdown, By Offerings
10.3.6.6.2 Rest of Europe Quantum Cryptography Market Breakdown, By Application
10.3.6.6.3 Rest of Europe Quantum Cryptography Market Breakdown, By End-User
10.4 Asia-Pacific (APAC) Quantum Cryptography Market Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 APAC Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.3 APAC Quantum Cryptography Market Breakdown, By Offering
10.4.4 APAC Quantum Cryptography Market Breakdown, By Application
10.4.5 APAC Quantum Cryptography Market Breakdown, By End User
10.4.6 APAC Quantum Cryptography Market Breakdown, By Country
10.4.6.1 China Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.1.1 China Quantum Cryptography Market Breakdown, By Offering
10.4.6.1.2 China Quantum Cryptography Market Breakdown, By Application
10.4.6.1.3 China Quantum Cryptography Market Breakdown, By End User
10.4.6.2 Japan Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.2.1 Japan Quantum Cryptography Market Breakdown, By Offering
10.4.6.2.2 Japan Quantum Cryptography Market Breakdown, By Application
10.4.6.2.3 Japan Quantum Cryptography Market Breakdown, By End User
10.4.6.3 India Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.3.1 India Quantum Cryptography Market Breakdown, By Offering
10.4.6.3.2 India Quantum Cryptography Market Breakdown, By Application
10.4.6.3.3 India Quantum Cryptography Market Breakdown, By End User
10.4.6.4 South Korea Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.4.1 South Korea Quantum Cryptography Market Breakdown, By Offering
10.4.6.4.2 South Korea Quantum Cryptography Market Breakdown, By Application
10.4.6.4.3 South Korea Quantum Cryptography Market Breakdown, By End User
10.4.6.5 Australia Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.5.1 Australia Quantum Cryptography Market Breakdown, By Offering
10.4.6.5.2 Australia Quantum Cryptography Market Breakdown, By Application
10.4.6.5.3 Australia Quantum Cryptography Market Breakdown, By End User
10.4.6.6 Rest of APAC Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.6.1 Rest of APAC Quantum Cryptography Market Breakdown, By Offering
10.4.6.6.2 Rest of APAC Quantum Cryptography Market Breakdown, By Application
10.4.6.6.3 Rest of APAC Quantum Cryptography Market Breakdown, By End User
10.5 Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.5.3 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Offering
10.5.4 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Application
10.5.5 Rest of World (RoW) Quantum Cryptography Market Breakdown, By End User
10.5.6 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Region
10.5.6.1 Middle East & Africa (MEA) Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.5.6.1.1 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By Offering
10.5.6.1.2 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By Application
10.5.6.1.3 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By End User
10.5.6.2 South America (SAM) Market Revenue and Forecast to 2027 (US$ Mn)
10.5.6.2.1 South America (SAM) Quantum Cryptography Market Breakdown, By Offering
10.5.6.2.2 South America (SAM) Quantum Cryptography Market Breakdown, By Application
10.5.6.2.3 South America (SAM) Quantum Cryptography Market Breakdown, By End User
11. Quantum Cryptography Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ID Quantique SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MagiQ Technologies, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 NuCrypt LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Anhui Qasky Quantum Technology Co. Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Qubitekk
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 QuintessenceLabs
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 qutools GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Toshiba Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Product and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 IBM Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Infineon Technologies AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Product & Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Publisher
13.2 Glossary of Terms

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ID Quantique
  • Infineon Technologies
  • Magiq Technologies
  • IBM
  • NuCrypt
  • Anhui Qasky Quantum Technology Co. Ltd.
  • Qubitekk
  • Quintessence Labs
  • Qutools GmbH
  • Toshiba Corporation