openPR Logo
Press release

What's driving the Quantum Cryptography Market growth? IBM, Infineon Technologies, Magiq Technologies, NuCrypt, Qubitekk, Quintessence Labs, Qutools GmbH

05-28-2020 08:16 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport.com
Quantum Cryptography Market

Quantum Cryptography Market

The quantum cryptography market is at a nascent stage with massive potential to break through the cybersecurity industry. The quantum cryptography market players are constantly engaging themselves in advancing their features intending to offer highly secured solutions to their clients. The global quantum cryptography market accounted for US$ 105.3 Mn in 2018 and is expected to grow at a CAGR of 39.2% over the forecast period 2019-2027, to account for US$ 1,996.1 Mn by 2027.

Request a sample Report of Quantum Cryptography Market at: https://www.marketstudyreport.com/request-a-sample/2245896/?utm_source=OPR.com/&utm_medium=SP

The rise in quantum computing has led to the surge in expose of confidential data across industries. Owing to this, several end users of encryption solutions are investing significant amounts in procuring advanced data security solutions and services such as quantum cryptography.

The governments of different countries across the globe as well as various private organizations are significantly investing in cybersecurity. This is majorly attributed to secure critical data from unauthorized individuals while transferring. The enhanced security solutions offered by the market players including Quantum Key Distribution (QKD), virtual encryptor, quantum cryptography communication device and Quantum Random Number Generator (QRNG) among others facilitate in strongly encrypting critical data. This factor is attracting several governments and industries to invest in such advanced technology. Thus, the rising investment towards cybersecurity solutions is a key catalyzer for quantum cryptography market.

The key companies operating in the quantum cryptography market include ID Quantique, Infineon Technologies, Magiq Technologies, IBM, NuCrypt, Anhui Qasky Quantum Technology Co. Ltd., Qubitekk, Quintessence Labs, Qutools GmbH, and Toshiba Corporation, among others. Several other players are also operating in the field, and are contributing substantial revenue generation in the market.

The spending on quantum cryptography is growing in both developed and developing regions such as North America, Europe, and the Asia Pacific. The demand for quantum cryptography is expected to grow further during the forecast period of 2019 to 2027. Rising digitization and positive economic outlook are some of the major macroeconomic factors driving the growth of the quantum cryptography market. Quantum cryptography technology is turning more into the global business, and various large players can offer quantum cryptography solutions and services worldwide. Presently on a global scale, industry verticals such as BFSI, IT & telecom, government and defense, and healthcare are the major contributors in quantum cryptography spending.

The global quantum cryptography market is segmented based on offering, application, end user, and geography. Based on the offering, the quantum cryptography market is bifurcated into solutions and services. Based on application, the quantum cryptography market is categorized into the network security, application security, database security. Based on end user, the quantum cryptography market is segmented into IT & telecommunication, BFSI, government & defense, healthcare, others. Geographically, the quantum cryptography market is categorized into four regions, including North America, Europe, Asia-Pacific, and Rest of World.

The overall global quantum cryptography market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global quantum cryptography market. It also provides an overview and forecast for the quantum cryptography market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the quantum cryptography market.

For More Details On this Report: https://www.marketstudyreport.com/reports/quantum-cryptography-market-to-2027-global-analysis-and?utm_source=OPR.com/&utm_medium=SP

Related Reports:

Global Quantum Cryptography Market Growth 2020-2025

According to this study, over the next five years the Quantum Cryptography market will register a 29.8% CAGR in terms of revenue, the global market size will reach $ 6263.1 million by 2025, from $ 2204.8 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Quantum Cryptography business.
https://www.marketstudyreport.com/reports/global-quantum-cryptography-market-growth-2020-2025?utm_source=MarketwatchX.com/&utm_medium=SP

Contact Us:
Market Study Report LLC,
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: www.marketstudyreport.com
Blog: www.marketstudyreport.com/

About Us
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.

This release was published on openPR.

Permanent link to this press release:

Copy
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 What's driving the Quantum Cryptography Market growth? IBM, Infineon Technologies, Magiq Technologies, NuCrypt, Qubitekk, Quintessence Labs, Qutools GmbH here

News-ID: 2061284 • Views: 787

More Releases from marketstudyreport.com

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases


More Releases for Quantum

Quantum-South joins IBM Quantum Network to explore quantum computing application …
Potentially faster and more effective ways of optimizing shipping logistics are being explored in Latin America The Uruguayan start-up has become the first Latin American company to join the IBM Quantum Network. They will focus on exploring quantum computing applications to optimize the air and maritime cargo industry. Quantum-South, the Uruguay-based start-up, has joined the IBM Quantum Network to apply quantum computing to the advancement of the air and maritime cargo industry,
Quantum Brilliance and Quantum-South partner to implement logistics optimization …
Quantum startups from Australia and South America collaborating to demonstrate quantum utility in air and marine cargo logistics. Canberra, Australia and Montevideo, Uruguay, April 19, 2021 -- Quantum Brilliance and Quantum-South today announced a partnership to jointly develop and market of complementary products and technology in shipping logistics optimization. The companies will be performing proof of concept implementations with air and marine cargo companies to demonstrate the potential ofquantum computing for solving
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 Market 2019: Top Key Players are Airbus Group, Ca …
Quantum Computing Technologies Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ - https://www.researchreportsworld.com/enquiry/request-sample/13796983 Global Quantum Computing Technologies market 2019 research provides a basic overview of the industry
Quantum Computing Technologies Market Defining the Future with New Trends: Airbu …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum effects to significantly augment the performance over that of existing conventional technologies. There is intensifying indication that many of these quantum technologies are ready to evolution into commercial products. This report uses an exploratory technique, such as primary and secondary research,
Quantum Computing Technologies 2018 Global Market Key Players – Airbus Group, …
WiseGuyRerports.com Presents “Global Quantum Computing Technologies Market Size, Status and Forecast 2018-2025” New Document to its Studies Database In 2017, the global Quantum Computing Technologies market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Quantum Computing Technologies status, future forecast, growth opportunity, key market and key players. The study objectives are