Press release
Global Quantum Cryptography Market Size, Share, Future Prospects and Forecast 2020-2026
The global quantum cryptography market is estimated to witness considerable growth during the forecast period. A significant focus on next-generation cybersecurity solution has witnessed to strengthen the cyber-infrastructure. For instance, China is spending nearly $10 billion to establish a quantum research facility in Hefei. Apart from these, the number of Chinese applications and patents filed related to quantum computers has rapidly increased since 2014. The country has already established a 1,263-mile link between Beijing and Shanghai for delivery of quantum keys. Additionally, a successful demonstration of quantum key distribution (QKD) by the Chinese Micius satellite was reported across the 4,700 miles between Beijing and Vienna.A full Report of Global Quantum Cryptography Market is Available at: https://www.omrglobal.com/industry-reports/quantum-cryptography-market
Moreover, in 2018, China has been constantly working on military modernization efforts with the acquisition of foreign technologies and expertise. China is actively engaged in obtaining foreign technology with foreign direct investment, imports, industrial, and the set up of foreign R&D centers. This may support the country to gain a substantial advantage in military quantum over the US. Further, in December 2018, the US government signed H.R. 6227 which is intended to fund the National Quantum Initiative Act. Under the law, $1.2 billion will be invested in quantum information science over the 5 years. This funding will go to the Multidisciplinary Centers for Quantum Research and Education, National Science Foundation (NSF), Department of Energy Research, National Institute of Standards and Technology (NIST), and National Quantum Information Science Research Centers.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/quantum-cryptography-market
In September 2019, the European Commission declared the introduction of OPENQKD. The initiative aims for installation of a test quantum communication infrastructure across many European countries. This will enable to increase the security of critical applications in the areas of healthcare, telecommunications, government services, and electricity supply. The main focus of the project is to develop and test a communication network infrastructure with a built-in quantum element, using QKD, an ultra-secure kind of encryption that enables data to be transferred with an extremely high level of security. The EU has already launched the Quantum Technologies Flagship in 2018, which is nearly a $1.1 billion initiative to fund leading-edge research over the next ten years. The government funding is offering an opportunity to develop quantum technologies for much safer and secure infrastructure, which in turn, is expected to drive the global quantum cryptography market.
Global Quantum Cryptography Market- Segmentation
By Component
• Solutions
• Services
By Application
• Application Security
• Network Security
• Others
By Vertical
• BFSI
• Telecom & IT
• Government and Defense
• Retail
• Healthcare
• Others
Global Quantum Cryptography Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Rest of the World
Company Profiles
• AUREA Technology
• Crypta Labs
• D-Wave Systems Inc.
• Hewlett-Packard Development Company, L.P. (HP)
• IBM Corp.
• ID Quantique SA (SK Telecom Co., Ltd.)
• Infineon Technologies AG
• Isara Corp.
• MagiQ Technologies, Inc.
• Microsoft Corp.
• Mitsubishi Electric Corp.
• NEC Corp.
• NuCrypt, LLC
• PQ Solutions Ltd.
• Quantum Xchange
• QuantumCTek Co., Ltd.
• Qubitekk, Inc.
• QuintessenceLabs Pty. Ltd.
• Qunu Labs Pvt.LTD
• qutools GmbH
• Toshiba Corp.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/quantum-cryptography-market
For More Information, Visit https://www.omrglobal.com
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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 Global Quantum Cryptography Market Size, Share, Future Prospects and Forecast 2020-2026 here
News-ID: 2148491 • Views: …
More Releases from Orion Market Research

Used Cooking Oil Market Development, Industry Trends, Demand and Growth Analysis …
The global Used Cooking Oil (UCO) Market was valued at approximately USD 6.1 billion in 2023 and is projected to reach around USD 11.8 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of about 7.5% from 2024 to 2032.
Used Cooking Oil Market Overview
The Used Cooking Oil Market is gaining traction globally, driven by rising demand for sustainable biofuels, particularly biodiesel. Governments and environmental bodies are…

Loader Buckets Market to see Huge Growth by 2028
Market experts do detailed market study about entire market from several angles to depict the most updated and key market data to form this detailed Loader Buckets Market research report and help startups to reinforce their presence. This report further aims at covering vital data and figures on major areas such Asia Pacific, North America, Middle East, Europe, Latin America and Africa. Business participants can also obtain larger gains as…
Probiotics Supplement Market Trends, Business Overview, Industry Growth and Fore …
The global probiotics supplement market is anticipated to grow at a significant CAGR of 7.2% during the forecast period (2022-2028). The rising consumer awareness for healthcare and fitness with rising disposable income, are likely to drive the market growth. Probiotics enable to maintenance of a healthy balance of gut flora and have been linked to a variety of health advantages, including weight loss, digestive health, and immunological function. The market…
Brick Pavers Market Top Leading Players with Strategies and Forecast 2028
Brick Pavers Market Size, Share & Trends Analysis is a professional and in-depth study on the current state of the global Brick Pavers market with a focus on the market. The report provides key statistics on market of Brick Pavers. It is a valuable source of guidance and direction for companies and individuals interested in Brick Pavers industry.
Key Players
Belgard
Acme Brick Company
The Belden Brick Company
Wienerberger
Pine Hall Brick
Redland Brick
By Type
General Brick Pavers
Wall…
More Releases for Quantum
Quantum Computing Services Market is Booming Worldwide| IBM Quantum, Google Quan …
HTF Market Insights just released the Global Quantum Computing Services Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Quantum Computing Services Market are:
IBM…
Quantum Computing Market: A Quantum Leap
The quantum computing market is a burgeoning field that promises to revolutionize various industries, from healthcare to finance. This post will delve into the market, exploring its size, share, opportunities, challenges, demand, and trends.
Market Size and Share
The quantum computing market is still in its nascent stages, with significant growth potential. While precise figures can vary depending on data sources and regional factors, the market is estimated to be worth billions…
Quantum Computing Software Market Is Booming So Rapidly with IBM Quantum, Google …
HTF MI recently introduced Global Quantum Computing Software Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are IBM Quantum - United States, Google Quantum AI - United States, Microsoft…
Kipu Quantum and Quantum-South Announce Strategic Partnership
Karlsruhe, Germany / Montevideo, Uruguay - June 4th 2024
Kipu Quantum GmbH, a German quantum software company focusing on developing application- and hardware-specific quantum solutions for or a wide range of industries, and Quantum-South, a quantum computing startup with solutions for logistics optimization, are pleased to announce a strategic partnership aimed at transforming industries across Latin America and other global markets. This alliance is set to leverage the unique strengths of…
Quantum Internet Alliance launches Quantum Internet Application Challenge
Quantum enthusiasts get a chance to co-create the future quantum internet
DELFT, THE NETHERLANDS-The Quantum Internet Alliance (QIA) has announced the launch of its first ever Quantum Internet Application Challenge (https://quantuminternetalliance.org/quantum-internet-application-challenge-2023/), an initiative encouraging quantum enthusiasts to take part in shaping the future of the quantum internet.
"The role of the community-from students and enthusiasts to scientists and industry leaders-in our mission of building a global quantum internet is pivotal. And the…
Quantum Computing Market Deep Dive into Industry Leaders: Analysis of Top Manufa …
Global "Quantum Computing Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of…