Home > > > > Report Detail

Quantum Cryptography Market by Offering (Solutions and Services), Security Type (Network Security and Application Security), Vertical (Government, Defense, BFSI, Healthcare, Retail, and eCommerce) and Region - Global Forecast to 2028

Publisher Name :
Date: 26-Apr-2023
No. of pages: 223
Inquire Before Buying

"Rising adoption of integrated solutions and emphasis on adopting the next-gen networking solutions are promoting the growth of Quantum Cryptography market."

The Quantum Cryptography market is expected to grow from an estimated USD 0.5 billion in 2023 to 3.0 billion USD by 2028 at a Compound Annual Growth Rate (CAGR) of 41.2% from 2023 to 2028. The market growth can be attributed to the growing instances of cyberattacks and increased adoption of cloud and IoT technology solutions. However, lack of awareness and understanding; inadequate infrastructure, lack of skilled professionals and the constantly evolving threat landscape are expected to hinder the market growth.

By solution, Quantum Random Number Generator (QRNG) segment is expected to grow at a higher CAGR during the forecast period

Quantum Random Number Generator is a highly sophisticated engineering innovation that involves the power of complex deep-tech technologies (such as semiconductors, optoelectronics, high-precision electronics, and quantum physics) working together to create the highest level of randomness possible. Quantum random number generators (QRNGs) are a special case of True Random Number Generator (TRNG) that generates randomness by measuring quantum processes, which are, non-deterministic. The advantages are multiple, including a fundamental advantage in using quantum indeterminacy, typically faster performances by leveraging photonics and most importantly, the ability to understand and verify the origin of unpredictability, which is a core assurance for the entire cybersecurity chain. QRNG technology has been used in everything from automotive, state lotteries, and HSMs, to IoT devices and smartphones.

By Vertical, Government is expected to hold the highest market share during the forecast period

Quantum cryptography is virtually unbreakable, making it an ideal tool for protecting sensitive information. This makes it particularly attractive to government and public sector organizations, which often handle highly sensitive data. The demand for managed services is rising due to the increase in large-scale networks and IoT applications in organizations. Quantum cryptography plays a major role in ensuring security during data transfer and reducing the risk of data loss. As the digital age continues to evolve, so too does the need for robust quantum cryptography measures. Quantum cryptography is one of the latest advancements in quantum field, and its potential impact on government sector is immense.

By Region, North America is expected to grow at a higher CAGR during the forecast period

Private companies in North America, such as IBM, Microsoft, and Google, are investing in quantum technology research and development, with the development of quantum computers and quantum communication networks. This investment is expected to drive the growth of the quantum cryptography market. In recent years, there have been several high-profile data breaches in North America, such as the Equifax breach in 2017, the Capital One breach in 2019, and the SolarWinds breach in 2020. While these breaches were not prevented by quantum cryptography, they highlight the need for more secure communication methods and the potential benefits of quantum cryptography in preventing similar breaches in the future.

Breakdown of Primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Quantum Cryptography market.


  • By company type: Tier 1:35%, Tier 2:45%, and Tier 3:20%

  • By designation: C-level Executives:40% and Managerial and other levels: 60%

  • By region: North America:35%, Asia Pacific: 30%, and Europe: 20%, and RoW : 15%


Major vendors in the Quantum Cryptography market are ID Quantique (Switzerland), QuintessenceLabs(Australia), Toshiba (Japan), QuantumCTek (China), Magiq Technologies (US), Crypta Labs (UK), Qasky (China), Qubitekk (US), ISARA (Canada), Nucrypt (US), Quantum Xchange (US), qutools (Germany), QNu Labs (India), Post Quantum (UK), IBM (US), HPE (US), NEC (Japan), Crypto Quantique (UK), Qrypt (US), KETS Quantum Security (UK), PQShield (UK), QuBalt (Germany), VeriQloud (France), SSH Communication Security (Finland), QuantLR (Israel), and QuSecure (US).
The study includes an in-depth competitive analysis of the key players in the Quantum Cryptography market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the Quantum Cryptography market by Offering (Solutions and Services), Security Type (Network Security and Application Security), Vertical (Government, Defense, BFSI, Healthcare, Retail, and eCommerce), and Region. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Quantum Cryptography market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Quantum Cryptography market. Competitive analysis of upcoming startups in the Quantum Cryptography market ecosystem is covered in this report.

Reasons to buy this report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall threat modeling tools market and its sub segments. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. It also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Analysis of key drivers (Increased cyber threats and attacks; Growth of eCommerce and digital payment solutions; Stringent regulations and compliance requirements; digital transformation initiatives), restraints (Lack of awareness and understanding; Inadequate infrastructure and lack of skilled professionals; Rapidly evolving threat landscape), opportunities (Cross sector collaboration, International cooperation), and challenges (Limited cybersecurity budgets, Insufficient regulatory frameworks) influencing the growth of the Quantum Cryptography market.

  • Product Development/ Innovation: Detailed insights on the upcoming technologies, research & development activities, and new product and service launches in the Quantum Cryptography Market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the Quantum Cryptography market across varied regions

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Quantum Cryptography Market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like ID Quantique (Switzerland), Quintessence Labs(Australia), Toshiba (Japan), QuantumCTek (China), Magiq Technologies (US), Crypta Labs (UK), Qasky (China), Qubitekk (US), ISARA (Canada), Nucrypt (US), Quantum Xchange (US), among others in the Quantum Cryptography Market strategies.

Quantum Cryptography Market by Offering (Solutions and Services), Security Type (Network Security and Application Security), Vertical (Government, Defense, BFSI, Healthcare, Retail, and eCommerce) and Region - Global Forecast to 2028

Table Of Contents

1 Introduction 32
1.1 Study Objectives 32
1.2 Market Definition 32
1.2.1 Inclusions And Exclusions 33
1.3 Market Scope 34
1.3.1 Market Segmentation 34
1.3.2 Regions Covered 34
1.4 Years Considered 35
1.5 Currency Considered 35
Table 1 Usd Exchange Rates, 2018–2022 35
1.6 Stakeholders 36
1.7 Summary Of Changes 36

2 Research Methodology 37
2.1 Research Data 37
Figure 1 Quantum Cryptography Market: Research Design 38
2.1.1 Secondary Data 38
2.1.2 Primary Data 39
2.1.2.1 Breakup Of Primary Profiles 39
2.1.2.2 Key Industry Insights 40
2.2 Data Triangulation 40
Figure 2 Quantum Cryptography Market: Research Flow 41
2.3 Market Size Estimation 41
2.3.1 Revenue Estimates 42
Figure 3 Market Size Estimation Methodology—Approach 1, Supply-Side Analysis: Revenue Of Solutions As Service In Quantumcryptography Market 42
Figure 4 Market Size Estimation Methodology—Approach 1, Supply-Side Analysis 43
Figure 5 Market Size Estimation Methodology—Approach 2, Bottom-Up(Supply Side): Collective Revenue From All Solutions In Quantum Cryptography Market 43
2.3.2 Demand-Side Analysis 44
Figure 6 Market Size Estimation Methodology—Approach 3, Bottom-Up (Demand Side) 44
2.4 Company Evaluation Quadrant Methodology 45
Figure 7 Company Evaluation Quadrant: Criteria Weightage 45
2.5 Startups Evaluation Quadrant Methodology 46
Figure 8 Startup Evaluation Quadrant: Criteria Weightage 46
2.6 Market Forecast 46
Table 2 Factor Analysis 46
2.7 Assumptions 47
2.8 Limitations 48

3 Executive Summary 49
Table 3 Quantum Cryptography Market And Growth Rate,2023–2028 (Usd Million, Y-O-Y %) 49
Figure 9 Global Quantum Cryptography Market Size And Y-O-Y Growth Rate 50
Figure 10 North America To Account For Largest Market Share In 2023 51

4 Premium Insights 52
4.1 Attractive Opportunities In Quantum Cryptography Market 52
Figure 11 Growing Adoption Of Iot And Cloud Trends To Drive Growth Of Quantum Cryptography Market 52
4.2 Quantum Cryptography Market, By Offering, 2023 52
Figure 12 Solutions Segment To Account For Larger Market Share During Forecast Period 52
4.3 Quantum Cryptography Market, By Security Type, 2023 53
Figure 13 Network Security Segment To Account For Larger Market Sharein 2023 53
4.4 Quantum Cryptography Market Share Of Top Three Verticals And Regions 53
Figure 14 Government And North America To Account For Largest Market Shares In 2023 53
4.5 Quantum Cryptography Market Investment Scenario,By Region 54
Figure 15 North America To Emerge As Best Market For Investment In Next Five Years 54

5 Market Overview And Industry Trends 55
5.1 Introduction 55
5.2 Market Dynamics 55
Figure 16 Quantum Cryptography Market: Drivers, Restraints, Opportunities, And Challenges 55
5.2.1 Drivers 56
5.2.1.1 Rising Cyberattacks In Digitalization Era 56
5.2.1.2 Increasing Cybersecurity Fundings 56
5.2.1.3 Rising Demand For Next-Generation Security Solutions For Cloud And Iot Technologies 56
5.2.1.4 Evolving Next-Generation Wireless Network Technologies 56
5.2.2 Restraints 57
5.2.2.1 High Implementation Cost 57
5.2.2.2 Rising Technical Complexities 57
5.2.2.3 Lack Of Expertise 57
5.2.3 Opportunities 58
5.2.3.1 Spur In Demand For Security Solutions Across Industry Verticals 58
5.2.3.2 Increasing Need For Integrated Solutions 58
5.2.4 Challenges 58
5.2.4.1 Commercialization Of Quantum Cryptography 58
5.2.4.2 Technological Implementation Challenges 58
5.3 Ecosystem Analysis 59
Figure 17 Ecosystem: Quantum Cryptography Market 59
5.4 Technology Analysis 60
5.4.1 Ai/Ml 60
5.4.2 Big Data Analytics 60
5.4.3 Iot 61
5.4.4 Cloud Computing 61
5.5 Regulatory Implications 61
5.5.1 Payment Card Industry Data Security Standard (Pci–Dss) 61
5.5.2 Health Insurance Portability And Accountability Act (Hipaa) 62
5.5.3 Federal Information Security Management Act (Fisma) 62
5.5.4 Gramm-Leach-Bliley Act (Glba) 62
5.5.5 Sarbanes-Oxley Act (Sox) 62
5.5.6 International Organization For Standardization (Iso) Standard 27001 63
5.5.7 European Union General Data Protection Regulation (Eu Gdpr) 63
5.5.8 California’s Privacy Rights Act (Cpra) 63
5.5.9 Regulatory Bodies, Government Agencies,And Other Organizations 64
Table 4 List Of Regulatory Bodies, Government Agencies, And Other Organizations 64
5.6 Patent Analysis 65
Figure 18 Patent Analysis 65
5.7 Value Chain Analysis 65
Figure 19 Value Chain Analysis 66
5.8 Porter’s Five Forces Model Analysis 67
Figure 20 Porter’s Five Force Analysis 67
Table 5 Impact Of Porter’s Five Forces On Quantum Cryptography Market 67
5.8.1 Threat From New Entrants 68
5.8.2 Threat From Substitutes 68
5.8.3 Bargaining Power Of Suppliers 68
5.8.4 Bargaining Power Of Buyers 68
5.8.5 Intensity Of Competitive Rivalry 68
5.9 Use Cases 69
5.9.1 Use Case 1: Hitachi Energy And Id Quantique To Deliver Highly Secure End-To-End Encryption For Critical Infrastructure Networks 69
5.9.2 Use Case 2: Quintessencelabs' Crypto Gateway Solution To Enable High Security And Low-Cost Cloud Storage For Financial Institutions 70
5.9.3 Use Case 3: Korean Government To Prioritize Optimizing Efficiency And Strengthening Their Security Measures 71
5.10 Pricing Analysis 72
5.11 Trends And Disruptions Impacting Customers 73
Figure 21 Trends And Disruptions Impacting Customers 73
5.12 Key Stakeholders And Buying Criteria 73
5.12.1 Key Stakeholders In Buying Process 73
Figure 22 Influence Of Stakeholders On Buying Process (%) 73
Table 6 Influence Of Stakeholders On Buying Process (%) 74
5.13 Key Conferences & Events, 2023–2024 74
Table 7 Key Conferences & Events, 2023–2024 74

6 Quantum Cryptography Market, By Offering 75
6.1 Introduction 76
Figure 23 Solutions Segment To Dominate During Forecast Period 76
Table 8 Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 76
Table 9 Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 76
6.2 Solutions 77
6.2.1 Increasing Need To Protect Critical Communications With Advanced Quantum Technologies 77
6.2.2 Solutions: Quantum Cryptography Market Drivers 77
Table 10 Solutions: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 78
Table 11 Solutions: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 78
Table 12 Quantum Cryptography Market, By Solution, 2017–2022 (Usd Million) 78
Table 13 Quantum Cryptography Market, By Solution, 2023–2028 (Usd Million) 79
6.2.3 Quantum Key Distribution 79
6.2.4 Quantum Random Number Generator (Qrng) 79
6.2.5 Other Solutions 80
6.3 Services 80
6.3.1 Services To Provide Security Expertise To Understand Quantum-Safe Needs 80
6.3.2 Services: Quantum Cryptography Market Drivers 80
Table 14 Services: Quantum Cryptography Market, By Region, 2017–2022 (Usd Million) 80
Table 15 Services: Quantum Cryptography Market, By Region, 2023–2028 (Usd Million) 81

7 Quantum Cryptography Market, By Security Type 82
7.1 Introduction 83
Figure 24 Network Security Segment To Dominate Market During Forecast Period 83
Table 16 Quantum Cryptography Market, By Security Type, 2017–2022 (Usd Million) 83
Table 17 Quantum Cryptography Market, By Security Type, 2023–2028 (Usd Million) 83
7.2 Network Security 84
7.2.1 Rise In Virtualization Of Servers And Use Of Cloud Services 84
7.2.2 Network Security: Quantum Cryptography Market Drivers 84
Table 18 Network Security: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 84
Table 19 Network Security: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 85
7.3 Application Security 85
7.3.1 Application Security To Protect Applications From High-Risk Attacks 85
7.3.2 Application Security: Quantum Cryptography Market Drivers 85
Table 20 Application Security: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 86
Table 21 Application Security: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 86

8 Quantum Cryptography Market, By Vertical 87
8.1 Introduction 88
Figure 25 Aerospace And Defense Vertical To Account For Largest Market During Forecast Period 88
Table 22 Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 88
Table 23 Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 89
8.2 Government 89
8.2.1 Need To Protect Critical Information From Hackers 89
8.2.2 Government: Quantum Cryptography Market Drivers 89
Table 24 Government: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 90
Table 25 Government: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 90
8.3 Defense 90
8.3.1 Rise In Demand To Protect Military Secrets And Classified Documents 90
8.3.2 Defense: Quantum Cryptography Market Drivers 91
Table 26 Defense: Quantum Cryptography Market, By Region, 2017–2022 (Usd Million) 91
Table 27 Defense: Quantum Cryptography Market, By Region, 2023–2028 (Usd Million) 91
8.4 Bfsi 92
8.4.1 Quantum Cryptography To Protect Sensitive And Proprietary Information Of Clients 92
8.4.2 Bfsi: Quantum Cryptography Market Drivers 92
Table 28 Bfsi: Quantum Cryptography Market, By Region, 2017–2022 (Usd Million) 92
Table 29 Bfsi: Quantum Cryptography Market, By Region, 2023–2028 (Usd Million) 93
8.5 Healthcare 93
8.5.1 Quantum Cryptography To Secure Patients’ Personal And Critical Health Information 93
8.5.2 Healthcare: Quantum Cryptography Market Drivers 93
Table 30 Healthcare: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 94
Table 31 Healthcare: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 94
8.6 Retail And Ecommerce 94
8.6.1 Growing Instances Of Cyber-Attacks And Data Theft Activities To Speed Up Adoption Rate 94
8.6.2 Retail And Ecommerce: Quantum Cryptography Market Drivers 95
Table 32 Retail And Ecommerce: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 95
Table 33 Retail And Ecommerce: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 95
8.7 Other Verticals 96
Table 34 Other Verticals: Quantum Cryptography Market, By Region,2017–2022 (Usd Million) 96
Table 35 Other Verticals: Quantum Cryptography Market, By Region,2023–2028 (Usd Million) 96

9 Quantum Cryptography Market, By Region 97
9.1 Introduction 98
Figure 26 North America To Witness Highest Growth During Forecast Period 98
Table 36 Quantum Cryptography Market, By Region, 2017–2022 (Usd Million) 98
Table 37 Quantum Cryptography Market, By Region, 2023–2028 (Usd Million) 99
9.2 North America 99
9.2.1 North America: Market Drivers 99
9.2.2 North America: Recession Impact 100
9.2.3 North America: Regulatory Landscape 101
Figure 27 North America: Quantum Cryptography Market Snapshot 102
Table 38 North America: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 103
Table 39 North America: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 103
Table 40 North America: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 103
Table 41 North America: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 103
Table 42 North America: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 104
Table 43 North America: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 104
Table 44 North America: Quantum Cryptography Market, By Country,2017–2022 (Usd Million) 104
Table 45 North America: Quantum Cryptography Market, By Country,2023–2028 (Usd Million) 105
9.2.4 Us 105
9.2.4.1 Rising Research And Development Initiatives To Strengthen Future Of Secure Communications 105
Table 46 Us: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 105
Table 47 Us: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 105
Table 48 Us: Quantum Cryptography Market, By Security Type, 2017–2022 (Usd Million) 106
Table 49 Us: Quantum Cryptography Market, By Security Type, 2023–2028 (Usd Million) 106
Table 50 Us: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 106
Table 51 Us: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 107
9.2.5 Canada 107
9.2.5.1 Growing Scope Of Communication Network Via Quantum Cryptography 107
Table 52 Canada: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 107
Table 53 Canada: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 108
Table 54 Canada: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 108
Table 55 Canada: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 108
Table 56 Canada: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 109
Table 57 Canada: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 109
9.3 Europe 110
9.3.1 Europe: Market Drivers 110
9.3.2 Europe: Recession Impact 111
9.3.3 Europe: Regulatory Landscape 111
Table 58 Europe: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 112
Table 59 Europe: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 112
Table 60 Europe: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 112
Table 61 Europe: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 112
Table 62 Europe: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 113
Table 63 Europe: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 113
Table 64 Europe: Quantum Cryptography Market, By Country, 2017–2022 (Usd Million) 113
Table 65 Europe: Quantum Cryptography Market, By Country, 2023–2028 (Usd Million) 114
9.3.4 Uk 114
9.3.4.1 Quantum Cryptography To Emerge As Promising Field 114
Table 66 Uk: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 114
Table 67 Uk: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 114
Table 68 Uk: Quantum Cryptography Market, By Security Type, 2017–2022 (Usd Million) 115
Table 69 Uk: Quantum Cryptography Market, By Security Type, 2023–2028 (Usd Million) 115
Table 70 Uk: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 115
Table 71 Uk: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 116
9.3.5 Germany 116
9.3.5.1 Increased Investments To Boost Market 116
Table 72 Germany: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 116
Table 73 Germany: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 117
Table 74 Germany: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 117
Table 75 Germany: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 117
Table 76 Germany: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 118
Table 77 Germany: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 118
9.3.6 France 119
9.3.6.1 Adoption And Innovation To Bolster Market Growth 119
Table 78 France: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 119
Table 79 France: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 119
Table 80 France: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 120
Table 81 France: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 120
Table 82 France: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 120
Table 83 France: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 121
9.3.7 Rest Of Europe 121
9.3.7.1 Growing Investments In Research And Applicability To Enhance Adoption Of Quantum Cryptography 121
Table 84 Rest Of Europe: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 121
Table 85 Rest Of Europe: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 122
Table 86 Rest Of Europe: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 122
Table 87 Rest Of Europe: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 122
Table 88 Rest Of Europe: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 123
Table 89 Rest Of Europe: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 123
9.4 Asia Pacific 124
9.4.1 Asia Pacific: Market Drivers 124
9.4.2 Asia Pacific: Recession Impact 125
9.4.3 Asia Pacific: Regulatory Landscape 125
Figure 28 Asia Pacific: Quantum Cryptography Market Snapshot 126
Table 90 Asia Pacific: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 127
Table 91 Asia Pacific: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 127
Table 92 Asia Pacific: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 127
Table 93 Asia Pacific: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 127
Table 94 Asia Pacific: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 128
Table 95 Asia Pacific: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 128
Table 96 Asia Pacific: Quantum Cryptography Market, By Country,2017–2022 (Usd Million) 129
Table 97 Asia Pacific: Quantum Cryptography Market, By Country,2023–2028 (Usd Million) 129
9.4.4 China 129
9.4.4.1 Extensive Research To Strengthen Market For Quantum Cryptography 129
Table 98 China: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 130
Table 99 China: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 130
Table 100 China: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 130
Table 101 China: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 130
Table 102 China: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 131
Table 103 China: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 131
9.4.5 Japan 131
9.4.5.1 Rising Mergers And Innovation To Strengthen Market 131
Table 104 Japan: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 132
Table 105 Japan: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 132
Table 106 Japan: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 132
Table 107 Japan: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 132
Table 108 Japan: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 133
Table 109 Japan: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 133
9.4.6 India 133
9.4.6.1 India's National Mission On Quantum Technologies To Unlock Opportunities For Quantum Cryptography 133
Table 110 India: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 134
Table 111 India: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 134
Table 112 India: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 134
Table 113 India: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 135
Table 114 India: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 135
Table 115 India: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 135
9.4.7 Rest Of Asia Pacific 136
Table 116 Rest Of Asia Pacific: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 136
Table 117 Rest Of Asia Pacific: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 137
Table 118 Rest Of Asia Pacific: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 137
Table 119 Rest Of Asia Pacific: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 137
Table 120 Rest Of Asia Pacific: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 138
Table 121 Rest Of Asia Pacific: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 138
9.5 Middle East And Africa 139
9.5.1 Middle East And Africa : Market Drivers 139
9.5.2 Middle East And Africa: Recession Impact 140
9.5.3 Middle East And Africa: Regulatory Landscape 140
Table 122 Middle East And Africa: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 140
Table 123 Middle East And Africa: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 141
Table 124 Middle East And Africa: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 141
Table 125 Middle East And Africa: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 141
Table 126 Middle East And Africa: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 142
Table 127 Middle East And Africa: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 142
Table 128 Middle East And Africa: Quantum Cryptography Market, By Country,2017–2022 (Usd Million) 142
Table 129 Middle East And Africa: Quantum Cryptography Market, By Country,2023–2028 (Usd Million) 143
9.5.4 Middle East 143
9.5.4.1 Investments To Unlock Potential Of Quantum Cryptography 143
Table 130 Middle East: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 143
Table 131 Middle East: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 144
Table 132 Middle East: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 144
Table 133 Middle East: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 144
Table 134 Middle East: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 145
Table 135 Middle East: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 145
9.5.5 Africa 145
9.5.5.1 Africa To Take Steps Toward Secure Communications 145
Table 136 Africa: Quantum Cryptography Market, By Offering, 2017–2022 (Usd Million) 146
Table 137 Africa: Quantum Cryptography Market, By Offering, 2023–2028 (Usd Million) 146
Table 138 Africa: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 146
Table 139 Africa: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 147
Table 140 Africa: Quantum Cryptography Market, By Vertical, 2017–2022 (Usd Million) 147
Table 141 Africa: Quantum Cryptography Market, By Vertical, 2023–2028 (Usd Million) 147
9.6 Latin America 148
9.6.1 Latin America: Market Drivers 148
9.6.2 Latin America: Recession Impact 149
9.6.3 Latin America: Regulatory Landscape 149
Table 142 Latin America: Quantum Cryptography Market, By Offering,2017–2022 (Usd Million) 149
Table 143 Latin America: Quantum Cryptography Market, By Offering,2023–2028 (Usd Million) 150
Table 144 Latin America: Quantum Cryptography Market, By Security Type,2017–2022 (Usd Million) 150
Table 145 Latin America: Quantum Cryptography Market, By Security Type,2023–2028 (Usd Million) 150
Table 146 Latin America: Quantum Cryptography Market, By Vertical,2017–2022 (Usd Million) 151
Table 147 Latin America: Quantum Cryptography Market, By Vertical,2023–2028 (Usd Million) 151

10 Competitive Landscape 152
10.1 Overview 152
10.2 Revenue Analysis Of Leading Players 152
Figure 29 Quantum Cryptography Market: Revenue Analysis 152
10.3 Market Share Analysis Of Top Market Players 153
Table 148 Quantum Cryptography Market: Degree Of Competition 153
10.4 Historical Revenue Analysis 153
Figure 30 Historical Five-Year Revenue Analysis Of Key Public Sector Quantum Cryptography Providers 154
10.5 Ranking Of Key Players In Quantum Cryptography Market 154
Figure 31 Key Players Ranking 154
10.6 Evaluation Quadrant Of Key Companies 155
10.6.1 Stars 155
10.6.2 Emerging Leaders 155
10.6.3 Pervasive Players 155
10.6.4 Participants 155
Figure 32 Quantum Cryptography Market: Key Company Evaluation Quadrant 2022 156
10.7 Competitive Benchmarking 157
10.7.1 Evaluation Criteria Of Key Companies 157
Table 149 Regional Footprint Of Key Companies 157
10.7.2 Evaluation Criteria Of Smes/Startup 157
Table 150 List Of Startups/Smes 157
Table 151 Regional Footprint Of Smes/Startup Companies 158
10.8 Smes/Startups Evaluation Quadrant 158
10.8.1 Progressive Companies 158
10.8.2 Responsive Companies 159
10.8.3 Dynamic Companies 159
10.8.4 Starting Blocks 159
Figure 33 Quantum Cryptography Market: Smes/Startup Evaluation Quadrant 2022 160
10.9 Competitive Scenario And Trends 161
10.9.1 Product Launches And Product Enhancements 161
Table 152 Quantum Cryptography Market: Product Launches And Product Enhancements, 2020–2023 161
10.9.2 Deals 165
Table 153 Quantum Cryptography Market: Deals, 2020–2023 165

11 Company Profiles 170
11.1 Key Players 170
(Business Overview, Products/Services/Solutions Offered, Mnm View, Key Strengths And Right To Win, Strategic Choices Made, Weaknesses And Competitive Threats, Recent Developments)*
11.1.1 Toshiba 170
Table 154 Toshiba: Business Overview 170
Figure 34 Toshiba: Company Snapshot 171
Table 155 Toshiba: Products/Solutions/Services Offered 171
Table 156 Toshiba: Product Launches 172
Table 157 Toshiba: Deals 173
11.1.2 Id Quantique 175
Table 158 Id Quantique: Business Overview 175
Table 159 Id Quantique: Products/Solutions/Services Offered 176
Table 160 Id Quantique: Product Launches 177
Table 161 Id Quantique: Deals 179
11.1.3 Quintessencelabs 182
Table 162 Quintessencelabs: Business Overview 182
Table 163 Quintessencelabs: Products/Solutions/Services Offered 182
Table 164 Quintessencelabs: Product Launches 183
11.1.4 Quantumctek 184
Table 165 Quantumctek: Business Overview 184
Table 166 Quantumctek: Products/Solutions/Services Offered 184
11.1.5 Magiq Technologies 186
Table 167 Magiq Technologies: Business Overview 186
Table 168 Magiq Technologies: Products/Solutions/Services Offered 186
11.1.6 Crypta Labs 188
Table 169 Crypta Labs: Business Overview 188
Table 170 Crypta Labs: Products/Solutions/Services Offered 188
Table 171 Crypta Labs: Deals 189
11.1.7 Qasky 190
Table 172 Qasky: Business Overview 190
Table 173 Qasky: Products/Solutions/Services Offered 190
Table 174 Qasky: Product Launches 191
11.1.8 Qubitekk 192
Table 175 Qubitekk: Business Overview 192
Table 176 Qubitekk: Products/Solutions/Services Offered 192
Table 177 Qubitekk: Product Launches 193
Table 178 Qubitekk: Deals 193
11.1.9 Isara 194
Table 179 Isara: Business Overview 194
Table 180 Isara: Products/Solutions/Services Offered 194
Table 181 Isara: Deals 195
11.1.10 Nucrypt 196
Table 182 Nucrypt: Business Overview 196
Table 183 Nucrypt: Products/Solutions/Services Offered 196
11.1.11 Quantum Xchange 197
Table 184 Quantum Xchange: Business Overview 197
Table 185 Quantum Xchange: Products/Solutions/Services Offered 197
Table 186 Quantum Xchange: Product Launches 198
Table 187 Quantum Xchange: Deals 198
*Business Overview, Products/Services/Solutions Offered, Mnm View, Key Strengths And Right To Win, Strategic Choices Made, Weaknesses And Competitive Threats, Recent Developments Might Not Be Captured In Case Of Unlisted Companies.
11.2 Other Players 200
11.2.1 Qutools 200
11.2.2 Qnu Labs 201
11.2.3 Post Quantum 202
11.2.4 Ibm 202
11.2.5 Hpe 203
11.2.6 Nec 203
11.2.7 Crypto Quantique 204
11.2.8 Qrypt 204
11.2.9 Kets Quantum Security 205
11.2.10 Pq Shield 205
11.2.11 Qubalt 206
11.2.12 Veriqloud 206
11.2.13 Ssh Communications Security 207
11.2.14 Quantlr 207
11.2.15 Qusecure 208

12 Appendix 209
12.1 Adjacent Markets 209
Table 188 Adjacent Markets And Forecasts 209
12.2 Limitations 209
12.2.1 Quantum Computing Market 209
Table 189 Quantum Computing Market, By Application, 2019–2022 (Usd Million) 210
Table 190 Quantum Computing Market, By Application, 2023–2028 (Usd Million) 210
Table 191 Optimization: Quantum Computing Market, By Region, 2019–2022 (Usd Million) 210
Table 192 Optimization: Quantum Computing Market, By Region, 2023–2028 (Usd Million) 211
Table 193 Machine Learning: Quantum Computing Market, By Region,2019–2022 (Usd Million) 211
Table 194 Machine Learning: Quantum Computing Market, By Region,2023–2028 (Usd Million) 211
Table 195 Simulation: Quantum Computing Market, By Region, 2019–2022 (Usd Million) 212
Table 196 Simulation: Quantum Computing Market, By Region, 2023–2028 (Usd Million) 212
Table 197 Others: Quantum Computing Market, By Region, 2019–2022 (Usd Million) 212
Table 198 Others: Quantum Computing Market, By Region, 2023–2028 (Usd Million) 213
12.2.2 Encryption Software Market 213
Table 199 Encryption Software Market, By Deployment Mode, 2015–2020 (Usd Million) 213
Table 200 Encryption Software Market, By Deployment Mode, 2021–2026 (Usd Million) 213
Table 201 On-Premises: Encryption Software Market, By Region,2015–2020 (Usd Million) 214
Table 202 On-Premises: Encryption Software Market, By Region,2021–2026 (Usd Million) 214
Table 203 Cloud: Encryption Software Market, By Region, 2015–2020 (Usd Million) 214
Table 204 Cloud: Encryption Software Market, By Region, 2021–2026 (Usd Million) 215
12.3 Discussion Guide 216
12.4 Knowledgestore: Marketsandmarkets’subscription Portal 220
12.5 Customization Options 222
12.6 Related Reports 222
12.7 Author Details 223

  • Global Public and Personal Safety Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
    Published: 11-Jan-2024        Price: US 5600 Onwards        Pages: 177
    The global Public and Personal Safety Industry market size was US$ 6,398.95 million in 2022 and is forecast to a readjusted size of US$ 18,265.36 million by 2029 with a CAGR of 16.88% during the forecast period 2023-2029. The global key companies of Public and Personal Safety Industry include Hexagon, Motorola Solutions Inc, NEC, Tyler Technologies Inc and Indra Sistemas, accounting for 24.50% market share in terms of revenues in 2022. The market research report offered here is a v......
  • Global Digital Watermark Technology Market Report, History and Forecast 2018-2029
    Published: 11-Jan-2024        Price: US 3350 Onwards        Pages: 118
    The global market for Digital Watermark Technology estimated was at US$ 111.3 million in the year 2022, is projected to reach a revised size of US$ 210.53 million by 2029, growing at a CAGR of 9.4% during the forecast period 2023-2029. North American market for Digital Watermark Technology was valued at $ 39.07 million in 2022 and will reach $ 68.79 million by 2029, at a CAGR of 8.2 % during the forecast period of 2023 through 2029. Asia-Pacific market for Digital Watermark Technol......
  • Global Location Based Marketing Services Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 74
    The global Location Based Marketing Services market was valued at US$ 46700 million in 2023 and is anticipated to reach US$ 144870 million by 2030, witnessing a CAGR of 17.2% during The forecast period 2024-2030. North American market for Location Based Marketing Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Location Based Marketing Services is estima......
  • Global Auto Repair and Beauty Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 72
    The global Auto Repair and Beauty market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. Automotive is a key driver of this industry. According to data from The World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in The past 10 years, at 97.3 million and 95.89 million respectively. In 2018, The global economic expansion ended, and The gl......
  • Global Viral Vector Development Service Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 77
    The global Viral Vector Development Service market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. North American market for Viral Vector Development Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Viral Vector Development Service is estimated to increase from......
  • Global Building Automation Systems (BAS) Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 85
    The global Building Automation Systems (BAS) market was valued at US$ 75680 million in 2023 and is anticipated to reach US$ 143970 million by 2030, witnessing a CAGR of 9.5% during The forecast period 2024-2030. North American market for Building Automation Systems (BAS) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Building Automation Systems (BAS) is estimat......
  • Global SLAM in Mobile Robots and Smart AR Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 92
    This report studies The SLAM Robots market, Simultaneous localization and mapping, or SLAM for short, is The process of creating a map using a robot or unmanned vehicle that navigates that environment while using The map it generates. SLAM is technique behind robot mapping or robotic cartography. The robot or vehicle plots a course in an area, but at The same time, it also has to figure out where its own self is located in The place. The process of SLAM uses a complex array of computations, algo......
  • Global Digital Educational Publishing Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 90
    The global Digital Educational Publishing market was valued at US$ 8324.5 million in 2023 and is anticipated to reach US$ 14580 million by 2030, witnessing a CAGR of 7.9% during The forecast period 2024-2030. North American market for Digital Educational Publishing is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Digital Educational Publishing is estimated to inc......
  • Global Human Source Service Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 70
    The global Human Source Service market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. North American market for Human Source Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Human Source Service is estimated to increase from $ million in 2023 to reach $ millio......
    • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs