Trends in Quantum Key Distribution (QKD) Market: Business Analysis 2018-2025 by CAGR, Share, Revenue and Prominent Key Players
Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security.
For the Quantum Key Distribution (QKD) market, the target clients are the government, financial companies, corporations, medium-sized business and universities. At the moment, sales of QKD systems appear to be restricted to certain high-end financial systems and classified government communications. In the previous year, Financial segment dominated the market with the share of 37.61%, followed by Government segment and Military & Defense segment, which accounted for the market of 30.90% and 27.16% respectively. Further development requires diversifying into new applications.
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In the forecast period, the global Quantum Key Distribution (QKD) market size is estimated to grow to $5858.01 million by 2025 from $1712.41 million in 2018, growing at an estimated CAGR of 19.21% between 2018 and 2025. Ambitious plans for QKD networks exist in US (Battelle), Japan (NICT) and China (QuantumCTek).
The key players from Quantum Key Distribution (QKD) market covered in this study are ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky.
Market analysis done by Product types like Rigid 1-2Sided, Standard Multilayer, HDI, IC Substrate, Flexible Circuits, Rigid Flex, Others and by Application like Financial, Government, Military & Defense, Others.
The study objectives of this report are:
To analyze global Quantum Key Distribution (QKD) status, future forecast, growth opportunity, key market and key players.
To present the Quantum Key Distribution (QKD) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Major Points from Table of Contents
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
9 Southeast Asia
11 Central & South America
12 International Players Profiles
13 Market Forecast 2018-2025
14 Analyst's Viewpoints/Conclusions
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