Quantum Cryptography Market - Trends, Growth, with COVID19 Impact, Forecast By 2028

Quantum Cryptography Market Size, Research Development, Share and Forecast to 2028

With Covid19 Impact |

What is the Forecast Market Value for Quantum Cryptography Market?

 Quantum cryptography market is expected to reach USD 2587.70 million by 2028 witnessing market growth at a rate of 38.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on quantum cryptography market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.

 

  • Global Quantum Cryptography Market Definition

To build a cryptosystem, quantum cryptography relies more on contemporary knowledge of physics. In order to accomplish cryptographic tasks, quantum cryptography can be described as the manipulation of quantum mechanical properties. The main advantage of quantum cryptography lies in the claim that it makes it impossible to infer several cryptographic tasks that are verified or hypothesised using only non-quantum communication modes

  • Let’s Check Quantum Cryptography Market Scope and Size

Quantum cryptography market is segmented on the basis of component, algorithm type, enterprise size, encryption type, deployment protocol, application and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Quantum cryptography market on the basis of component has been segmented as hardware, software, and services. Hardware has been further segmented into server, blade, R&D platform, and random number generator. Software has been further segmented into encryption, transmission, post-quantum cryptography, and crypto libraries. Services have been further segmented into consulting services, integration and deployment services, and support and maintenance services.  
  • Based on algorithm type, the quantum cryptography market has been segmented into symmetric key, and asymmetric key.
  • On the basis of enterprise size, the quantum cryptography market has been segmented into small and medium enterprise (SMEs), and large enterprise.
  • Based on encryption type, the quantum cryptography market has been segmented into network encryption, database encryption, application security, and cloud encryption.
  • On the basis of deployment protocol, the quantum cryptography market has been segmented into TSL/SSL protocol, and BB84 protocol.
  • On the basis of application, the quantum cryptography market has been segmented into simulation, optimization, and sampling.  
  • Quantum cryptography has also been segmented on the basis of vertical into government, healthcare, automotive, manufacturing, banking, financial services and insurance (BFSI), IT and telecom, defence, education, and others. Others have been further segmented into energy and utilities, and logistics.  

 

  • On the basis of enterprise size, the quantum cryptography market has been segmented into small and medium enterprise (SMEs), and large enterprise.
  • Based on encryption type, the quantum cryptography market has been segmented into network encryption, database encryption, application security, and cloud encryption.
  • On the basis of deployment protocol, the quantum cryptography market has been segmented into TSL/SSL protocol, and BB84 protocol.

 

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Which Countries Data is Covered in the Quantum Cryptography Market?

U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

                     Report metric

                            Details

Forecast Period

2022 to 2028

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

 

  •  Market Analysis and Insights - Global  Quantum Cryptography Market
  • To build a cryptosystem, quantum cryptography relies more on contemporary knowledge of physics. In order to accomplish cryptographic tasks, quantum cryptography can be described as the manipulation of quantum mechanical properties. The main advantage of quantum cryptography lies in the claim that it makes it impossible to infer several cryptographic tasks that are verified or hypothesised using only non-quantum communication modes.
  • Increasing demand for next-generation security solutions for cloud and internet of things technologies, surging levels of investment for the growth of the cybersecurity market, rising number of cyberattack in the era of digitalization, evolution of next generation wireless network technologies, growing software firms globally, especially in developing countries are some of the major as well as vital factors which will likely to augment the growth of the quantum cryptography market in the projected timeframe of 2021-2028. On the other hand, rising need for integration solutions along with increasing demand for security solutions across industry verticals which will further contribute by generating massive opportunities that will lead to the growth of the quantum cryptography market in the above mentioned projected timeframe. 
  • Increasing cost of implementation along with lack of expertise which will likely to act as market restraints factor for the growth of the quantum cryptography in the above mentioned projected timeframe. Commercialization of cryptography along with technical as well as implementation issues which will become the biggest and foremost challenge for the growth of the market.
  • This quantum cryptography market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on quantum cryptography market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

  What are the Main Data Pointers Covered in Quantum Cryptography Market Report?

The Details analysis include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weakness, product launch, product width and breadth, application dominance.

What are the Major Companies Operating in the Quantum Cryptography Market?

  • Quantique; QuintessenceLabs.; Crypta Labs; Anhui Qasky Quantum Technology Co. Ltd.; QUBITEKK; ISARA Corporation; PQ Solutions Limited.; QuantumCTek Co., Ltd.; MagiQ Technologies; NuCrypt; Quantum Xchange.; Aurea Technology; qutools GmbH; Qunu Labs Pvt.LTD; Infineon Technologies AG; Mitsubishi Electric Corporation; IBM Corporation; Hewlett-Packard Development Company, L.P.; NEC Corporation; TOSHIBA CORPORATION; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

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 MAJOR TOC OF THE REPORT

  • Chapter One: Introduction
  • Chapter Two: Quantum Cryptography Market Segmentation
  • Chapter Three: Quantum Cryptography Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Global Quantum Cryptography Market by Product & Procedure type

Get TOC Details: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-quantum-cryptography-market

 

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Quantum Cryptography Market

Analysis of market effect factors and their impact on the forecast and outlook of the global  Quantum Cryptography Market Market

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global  Quantum Cryptography Market Market

The exhaustive analysis of various trends of the Global Quantum Cryptography Market to help identify market developments

Access Full Report Link: @ https://www.databridgemarketresearch.com/reports/global-quantum-cryptography-market

 

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