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Quantum Cryptography Market Report Anticipating $1353.70 Million Growth by 2026 | A Report By ID Quantique, QuintessenceLabs, NuCrypt, Anhui Qasky Quantum Technology, PQ Solutions Limited and others

05-21-2019 03:49 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Quantum Cryptography Market Report Anticipating $1353.70

Global Quantum Cryptography Market is driven by rise in funding of cyber security, which is projecting a rise in estimated value from USD 102.56 million in 2018 to an estimated value of USD 1353.70 million by 2026, registering a CAGR of 38.06% in the forecast period of 2019-2026.
Quantum cryptography can be defined as applicability of physics in cyber security models. Quantum cryptography allows sharing the secret key within two parties to encrypt & decrypt the message between sender & receiver. Quantum cryptography helps in detecting the presence of any third person within the communication between the two concerned parties who are communicating.
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Key Competitors in Quantum Cryptography Market:
1. ID Quantique
2. Quintessence Labs
3. NuCrypt
4. Anhui Qasky Quantum Technology
5. PQ Solutions Limited
6. MagiQ Technologies
7. ISARA Corporation
8. Quantum XC
9. IBM Corporation
10. Mitsubishi Electric Corporation and more

Key Developments in the Market:
• In October 2018, ID Quantique & InfoSec Global collaborated together for providing virtual private network (vpn) which is quantum safe. this particular technology has been developed by combining the quantum random number generator technology of id quantique & cryptographic agility of infosec global
• In September 2018, high-speed quantum cryptographic communications have been successfully applied at Ohoku University by tohoku medical megabank organization & Toshiba Corporation. It is world’s first cryptographic communications with over 10 mbps speed.

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Market Drivers:
• Increasing demand for security solutions of IoT & cloud technologies as these are being used by every data company
• Increasing need for reducing cyber-attacks in this growing era of digital crime

Table Of Content: Global Quantum Cryptography Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Quantum Cryptography Market Landscape
Part 04: Global Quantum Cryptography Market Sizing
Part 05: Global Quantum Cryptography Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

…And More GET DETAILED TOC AT https://databridgemarketresearch.com/toc/?dbmr=global-quantum-cryptography-market

Market Restraints:
• The cost of implementation of this system is very high
• Shortage of technical expertise within the area of quantum cryptography & its technologies

Segmentation: Global Quantum Cryptography Market
Component
• Solutions
• Services

By Service
• Consulting and Advisory
• Deployment and Integration
• Support and Maintenance

By Security Type
• Network Security
• Application Security

By Vertical
• Government and Defence
• Banking, Financial Services, and Insurance
• Retail
• Healthcare
• Automotive
• Others

By Geography
• North America
• South America
• Europe
• Asia Pacific

Competitive Analysis:
Global quantum cryptography market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of quantum cryptography market for global, Europe, North America, Asia Pacific and South America.
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry. Speak to Author https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-quantum-cryptography-market

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate

Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

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