Quantum Cryptography Market – Revolutionary Opportunities 2025 | ID Quantique, IBM
Everyday millions across the world buy something online ranging from dresses, electronic gadgets and furniture to even perishable food items. They purchase those products with their credit or debit cards, whose details are typically stored in the online platform after the very first purchase. The information remains protected there from hackers. This is because of various data security solutions protecting such sensitive information. Quantum cryptography is one of them. It differs from the typical cryptography methods by depending on physics instead of mathematics.
Request Sample Copy of the Report @
Its demand has flourished in the recent past owing to the ubiquity of smartphones and other smart devices and the heavy dependence on the internet for most of our purchases and bank transactions. The rising trend of bring your own device (BYOD) in organizations has also majorly boosted their uptake. Since BYOD allows employees to access confidential corporate data anywhere, anytime on their personal devices, it is imperative to protect those from cyber-attacks and hacking. Public utilities and defense sectors too are driving demand big time for the solutions.
Myriad new technologies have proved a boon for the market for quantum cryptography. One of them is the use of biometrics, in which facial and fingerprint recognitions are being leveraged. Currently, North America is the most promising market where numerous organizations thrive on the back of latest technologies, including the exploding ecommerce sector. Asia Pacific and Europe are other key regions which are expected to present healthy opportunities. The banking, financial services, and insurance (BFSI) industry is at the forefront of driving the market in all the continents. This is because of the additional importance attached to the security of the highly sensitive customer data such as bank account number and credit card and debit card details.
Request TOC of the Report @
Global Quantum Cryptography Market: Overview
With growing popularity of the Internet, which has turned into a necessity in the past decade, and the ubiquity of smartphones, the need for secure communications, data safety, and protection against cyber-attacks has escalated exponentially. Quantum cryptography is a dependable solution for growing data security issues, but unlike typical cryptology methods, quantum cryptology depends on physics rather than mathematics, and the market for the same is expected to expand at a strong CAGR during the forecast period of 2017 to 2025.
Based on end-user, the global cryptography market can be segmented into governing and regulatory bodies, small and medium enterprises (SMEs), and large enterprises. Geographically, the report studies the opportunities available in cryptography market in several important regions including Asia Pacific, North America, Europe, and the Middle East and Africa. The report has been prepared to act as a credible business document for the stakeholders of this market, and estimates the future scenario until 2025.
Global Quantum Cryptography Market: Key Trends
The growing demand of bring your own device (BYOD) across several organizations is the primary driver of the global quantum cryptography market. With BYOD policies, employees can access organizational data and applications on their personal electronic devices such as tablets, smartphones, laptops, and desktops, which in turn provides flexibility to work from any location, at any time. BYOD goes a long way in improving productivity and reducing operational costs. Growing use of cyber security solutions in public utilities, escalating need for cyber security in the defense sector, incoming demand from business enterprises, and the need for secure internet transaction are some of the other factors augmenting the demand in the global quantum cryptography market.
Read Comprehensive Overview of Report @
Currently, government bodies are the most profitable end user segment in the global quantum cryptography market, gaining from factors such as the availability of online utility bill payments, adoption of e-government initiatives, and growing number of corporate accounts that these agencies need to manage. This segment is expected to remain most prominent throughout the forecast period.
Global Quantum Cryptography Market: Market Potential
Incrementing use of biometrics for network security is opening new revenue avenues for the vendors operating in the quantum cryptography market. Facial and fingerprint recognition are now frequently used for security purposes at various organizations such as financial services, banking, and insurance (BFSI) and healthcare. By integrating biometric technology with software types, data transmitted via emails can be secured. For instance, Ceelox, a key biometric services company, already provides software application that offer information encrypting and decrypting in emails.
Global Quantum Cryptography Market: Regional Outlook
In the recent past, North America is the most lucrative region for the players in quantum cryptography market, which is a reflection of prevalence of insider frauds in several organizations, popularity of ecommerce and online payments, adoption of new technology, and rising number of cyber-attacks. North America is expected to remain the most prominent region throughout the forecast period, although Asia Pacific and Europe are also anticipated to present healthy opportunities in the near future.
Global Quantum Cryptography Market: Competitive Landscape
The fragmented nature of quantum cryptography market is a result of a large number of participants, both multinational and local. As the demand for quantum cryptography solutions diversifies across other sectors, technological innovation and solution extension is expected to determine the leader of the market in the near future.
HP Development Company, ID Quantique, IBM, and Nokia are some of the key players in the global quantum cryptography market, while other notable players are Google, Intel, QuintessenceLabs, Alibaba Group, Infineon Technologies, BT, KPN, MagiQ Technologies, Lockheed Martin, McAfee, Microsoft, NEC Corporation, Mitsubishi Electric, NTT Communications, Raytheon, Toshiba, and SK Telecom.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Quantum Cryptography Market – Revolutionary Opportunities 2025 | ID Quantique, IBM here
News-ID: 1381674 • Views: 91
More Releases from TMR Research
Factory Automation Platform as a Service Market Scope and Opportunities Analysis …
Global Factory Automation Platform as a Service Market: Snapshot Platform as a service is the term given to the collection of services and solutions that make use of cloud computing services in order to create a platform for clients and users to manage, run, and develop relevant applications while forgoing the extremely complicated task of creating and maintaining the required infrastructure. Platforms as a service, or PaaS, are commonly segregated into
HVAC Market Segmentation Detailed Study with Forecast to 2025 | Ingersoll Rand, …
Global HVAC Market: Snapshot HVAC is short for heating, ventilation, and air conditioning, and players in the global HVAC market are concerned with the development, innovation, manufacturing, and distribution of these systems and equipment. HVAC in computing is the control of the environment that an enterprise or a data center is operating in. It involves changing the ambient temperature, humidity, and other factors to better suit the optimal performance of
People Counting System Market Latest Trends and Future Growth Study by 2025 : Ke …
Global People Counting System Market: Snapshot People counting systems are devices that are used to count the number of people traversing a certain entrance or passage. In retail stores, they are usually deployed to calculate conversion rate and marketing effectiveness and are used in staff planning. In crowded places such as shopping malls and concerts, other than their conventional job of calculating footfall, they are used for crowd management and monitoring
Sensors Market Share and Growth Factors Impact Analysis 2017 - 2025 | Siemens AG …
Global Sensors Market: Snapshot The global sensors market is prophesied to record a healthy CAGR during the forecast period 2017–2025 on account of the growing application of intelligent management and monitoring in the smart systems industry. Distributed sensor networks are heavily engaged for transmitting control instructions and valuable measurement information after interconnecting the devices in networked embedded systems. In today’s era of smart technologies, vendors could take advantage of key
More Releases for Quantum
Defining the Future of Quantum Computing Technologies Market with New Trends | A …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. This report throws light on different attributes. It helps to present the research on global products of different types along with their applications. For technical analysis of Quantum Computing technologies market, the report analyzes the leading suppliers based on the technology platforms. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum
Quantum Computing Technologies Global Market 2018: Key Players – Airbus Group, …
Quantum Computing Technologies Market 2018 Wiseguyreports.Com adds “Quantum Computing Technologies Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Report Details: This report provides in depth study of “Quantum Computing Technologies Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Quantum Computing Technologies Market report also provides an in-depth survey of key players in the market which is based
Quantum Composers Adds New Pulse Delay Generator
(Bozeman, MT – January 25, 2018) Quantum Composers, a leading manufacturer of lasers and systems, launched a new addition to their digital delay pulse generator line of photonics instruments. The new 9420 is a robust and flexible laboratory pulse generator that is designed for a wide range of applications. The new 9420 delay generator features fast timing resolution at 10 ns and a low jitter of less than 400ps.
Quantum Computing : Increasing investments for the commercialization of quantum …
Quantum computing will mark the beginning of a new era in human scientific endeavors Quantum computing harnesses the incredible laws of quantum mechanics to process information. Perhaps the commercialization of quantum computing can be dramatic and have far-reaching consequences as that of the invention of the wheel, agriculture and that of the internet. In traditional computing, bits are used to store or encode information as either a zero or one. On
Global Quantum Dots Market 2017 - Quantum Materials Corp, QDVision
The report entitled Global Quantum Dots Market 2017 presents key insights into the global Quantum Dots market along with the latest up-to-date industry details and forthcoming Quantum Dots industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Quantum Dots Market 2017" is to study comprehensive details of the market
Graphene: Progress, not quantum leaps
The interactions between graphene and its environment have a significant influence on the use of this promising material by the semiconductor industry. Thanks to the comprehensive findings of an international research project, these interactions are now better understood and can be controlled as a result. Graphene is an atom-thin layer of carbon. Thanks to its unique structural and electronic characteristics, the material has enormous potential and has been the focus of