Global Quantum Cryptography Market Insights and Forecast to 2028

This report studies the Quantum Cryptography market, Quantum cryptography uses physics instead of mathematics to encode messages, which provides greater security.
The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as “BB84”. Five years later, they built the first QKD prototype system which was said to be “secure against any eavesdropper who happened to be deaf” as it made audible noises while encoding crypto key onto single photons.
From its relatively humble beginnings, QKD has gained global interest as a unique cybersecurity solution with active research groups across North America, Europe, Australia, and Asia.
Market Analysis and Insights: Global Quantum Cryptography Market
The global Quantum Cryptography market size is projected to reach US$ 16360 million by 2028, from US$ 3695.1 million in 2021, at a CAGR of 23.4% during 2022-2028.
The major players in global quantum cryptography include ID Quantique, Sequrenet, Quintessence Labs, Magiq Technologies, Toshiba, QuantumCTek and Qasky, etc.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Quantum Cryptography market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Quantum Cryptography market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Quantum Cryptography market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Quantum Cryptography market.
Global Quantum Cryptography Scope and Market Size
Quantum Cryptography market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Quantum Cryptography market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Table Pros
Table Cons
Segment by Application
Financial
Government
Military & Defense
Others
By Company
ID Quantique
SeQureNet
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

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