Quantum Cryptography Market: A Reliable Way to Protect the Sensitive Data and Information | ID Quantique, QuintessenceLabs, NuCrypt,MagiQ Technologies, ISARA Corporation, Quantum XC

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.Major Market Competitors/Players: Global Quantum Cryptography Market Few of the major competitors currently working in quantum cryptography market are ID Quantique, QuintessenceLabs, NuCrypt, Anhui Qasky Quantum Technology Co. Ltd, PQ Solutions Limited, MagiQ Technologies, ISARA Corporation, Quantum XC., Aurea Technologies Inc, IBM Corporation, Infineon Technologies AG and Mitsubishi Electric Corporation.

This report studies Global Quantum Cryptography Market in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2025.This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.

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Conducts Overall Global Quantum Cryptography Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of Global Quantum Cryptography Market By Component (Solutions, Services), Service (Consulting and Advisory, Deployment and Integration, Support and Maintenance), Security Type (Network Security, Application Security), Vertical (Government and Defense, Banking, Financial Services, and Insurance, Retail, Healthcare, Automotive, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026.

Global Quantum Cryptography Market research report utilizes a SWOT analysis as well as Porter's Five Forces analysis to reveal the strengths, weaknesses, opportunities, and threats. This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments. The report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The report also studies the various inhibitors as well as motivators of the Global Quantum Cryptography Market in both quantitative and qualitative manners in order to provide accurate information to the readers.

Conducts Overall Global Quantum Cryptography Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of Global Quantum Cryptography Market By Component (Solutions, Services), Service (Consulting and Advisory, Deployment and Integration, Support and Maintenance), Security Type (Network Security, Application Security), Vertical (Government and Defense, Banking, Financial Services, and Insurance, Retail, Healthcare, Automotive, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026.

Market Definition: Global Quantum Cryptography Market

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.

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

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

Quantum Cryptography or quantum encryption pertain quantum mechanics principles to encrypt messages in such a way that no one outside the intended recipient will ever read them. This is way more different than the traditional cryptographic systems as they are more dependent on physics rather than mathematics. The benefit of quantum cryptography lies in the reality that by using only classical communication, it enables the completion of multiple cryptographic assignments that are proven or conjectured to be impossible. Quantum cryptography enables two parties to transmit the secret key to encrypt and decrypt the signal between sender and receiver. Quantum cryptography enables to detect the existence of any third party in the communication between the two communicating sides. Quantum cryptography is virtually unhackable and is easy to use as well.

Some of the factors responsible for the growth of this market are as follow:
o Increasing demand for security solutions of IoT & cloud technologies: Today, manufacturer of IoT devices are creating number of smart products which are connected to the internet so they can make the daily lives of the consumers easy and better. But, IT Security Professionals consider it ineffective and too dangerous because of IoT Devices ' privacy problems and information safety problems. To protect their data and other sensitive information security and risk professionals are using security solutions. This security solution has the ability to secure the IoT devices, authenticate the IoT devices, uses IoT data encryption to protect data and information, develop IoT apps and others
o Increasing need for reducing cyber-attacks in this growing era of digital crime: With the growing use of digital technologies such as the big data, cloud, mobile, artificial intelligence and IoT in company and society and the growing integration of everything, their is higher safety, enforcement and information privacy difficulties . This change to a tech-centered culture implies that individuals are at a much greater cyber-attack danger. Cyber-attacks can affect the overall position of the company and can also harm their reputation in the market. Many of these smaller companies lack the budget and abilities needed to correctly protect their online or point-of-sale environments. It is important to protect data efficiently so the information and data should be kept securely within the organization

The global quantum cryptography market is segmented on the basis of component which is further sub segmented as solutions and services; service is further divided as consulting and advisory, deployment and integration, support and maintenance; security type is divided as network security and application security and vertical is divided into government and defense, banking, financial services, and insurance, retail, healthcare, automotive and others

Some of the acquisitions and launches in the market are as follows:
o In February 2018, SK Telecom announced the acquisition of ID Quantique so the company can provide security in the hyper- connected 5G era. The company is also planning to develop their quantum cryptography satellite technology by 2022. This acquisition will also help the SK Telecom expand their business and strengthen their position in the market
o 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

"According to Data Bridge Market Research, Global Quantum Cryptography Market is set to witness a healthy CAGR of 38.06% in the forecast period of 2019- 2026"

This reports includes the following deliverable
o Macro Indicator Analysis
o Bleaching Agents Market Overview
o Market Dynamics
o Drivers, Restraints, Opportunities and Challenges
o Market sizing and growth analysis
o Global Bleaching Agents Market forecasting to 2025
o Market Competitive Landscape
o Product Launches and Pipeline Analysis
o Value Chain Analysis
o Market Mergers, Acquisitions and Agreements
o Company Profiles

This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the Global Quantum Cryptography Market. It provides the market forecast to 2025, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.

Table Of Contents: Global Quantum Cryptography Market

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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Competitive Analysis: Global Quantum Cryptography Market

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 reason to Purchase the report
1. To describe and forecast the Global Quantum Cryptography Market, in terms of value, by process, product type, and industry.
2. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
3. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
4. To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global Quantum Cryptography Market growth
5. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
6. To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market

Customization of the Report
o The report includes the complete segmentation displayed above across all above mentioned countries
o All products covered in the Global Quantum Cryptography Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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