Quantum Cryptography Market Global Industry Outlook, Opportunity Analysis and Forecast 2018-2023

The global quantum cryptography market is expected to grow from US$ 101 Million in 2018 to US$ 506 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 37.9% during the forecast period. Major growth factors for the market include the growing incidents of cyber-attacks in the era of digitalization, increasing cyber security funding, rising demand of next-generation security solutions for cloud and IoT technologies, and evolving next-generation wireless network technologies.

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The US is the most developed country in terms of technology adoption and investments. The widespread adoption of PCs and internet services for business purpose and storage of critical data across the world has increased the propensity of data breach and theft. In addition, the major growth factors that would drive the adoption of quantum cryptography include the growing need for data privacy and security and an increasing number of cyber-attacks.

The Study Objectives of this report are:

• To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
• To analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leaders
• To forecast the market size of the segments with respect to 4 main regions, namely, Americas, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA)
• To define, describe, and forecast the quantum cryptography market by component (solutions and services), security type, vertical, and region
• To profile the key players and comprehensively analyze their market rankings and core competencies1
• To analyze competitive developments, such as new partnerships, new contracts, and new product developments, in the quantum cryptography industry

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Top Key Players in the ” Quantum Cryptography Market” include are

• ID Quantique (Switzerland)
• Quintes sence Labs (Australia)
• NuCrypt (US)
• Qasky (China)
• Crypta Labs (UK)
• Qubitekk (US)
• Post-Quantum (UK)
• MagiQ Technologies (US)
• ISARA (Canada)
• QuNu Labs (India)
• QuantumCTek (China)
• Quantum Xchange (US)
• Aurea Technologies (France)
• qutools (Germany)
• Infineon (Germany)
• Mitsubishi Electric (Japan)
• IBM (US)
• HP (US)
• NEC (Japan)
• Toshiba (Japan)
• Microsoft (US)

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Reason to buy this report:

The report would help the market leaders/new entrants in the quantum cryptography market with the information on the closest approximations of the revenue numbers for the overall quantum cryptography market and sub segments. The report would also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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