Press release
Quantum Cryptography Market to Witness Massive Growth by 2025 | IBM, ID Quantique, QuintessenceLabs
A new business intelligence report released by Advance Market Analytics with title Global Quantum Cryptography Market Insights, Forecast to 2025.This report provides a detailed overview of key factors in the Global Quantum Cryptography Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market.Major Key Players in This Report Include,
International Business Machines Corporation, ID Quantique, QuintessenceLabs, Microsoft Corporation, NuCrypt, MagiQ Technologies, Qasky, Mitsubishi Electric, Qubitekk, HP, NEC, Toshiba, Post-Quantum, Crypta Labs, ISARA, QuNu Labs, QuantumCTek
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Quantum cryptography is a technique for secret communication with ultimate security assurance of inviolability of a law of nature. It was invented by work of Stephen Wiesner and Gilles Brassard in early 1970. Modern Quantum cryptography encrypts the information at the network level in such a manner that one can never read by anyone other than the intended recipient. In the year 2004, the European Union showed interest to invest 11 Million Eur in the research and development of secure communication system based on this technology. The system is also known as SECOQC (secure communication based on Quantum Cryptography), a project that aims to develop quantum cryptography. The coordinator of SECOQC said that people and organizations in Austria, Belgium, the United Kingdom, Canada, the Czech Republic, Denmark, France, Germany, Italy, Russia, Sweden, and Switzerland would participate in the project. The quantum cryptography as a whole is expected to grow exponentially in the forecasted period owing to the rising number of cyber-attacks and increasing government initiatives for maintaining customer data security.
Market Trend:
• Technological Advancement in Next-Generation Wireless Network Technologies
Market Drivers:
• Rising Number of Cyberattack Incidents
• Growing Demand for Security for IoT and Cloud Technologies
• Increased Investment in Cybersecurity
•
Market Restraints:
• High Cost of Implementation
• Stringent Government Rules and Regulations
•
Market Challenges:
• Lack of Expertise
Global Quantum Cryptography the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Quantum Cryptography Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the market are included.
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In the last section of the report, the companies responsible for increasing the sales in the Global Quantum Cryptography Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.
Quantum Cryptography Market Segmentation: by Application (Data Base Encryption, Network Layer Encryption, Application Security, Others), Vertical (Banking, Financial Services, and Insurance (BFSI), Government and Defense, Healthcare, Automotive, Retail, Others), Security Type (Application Security, Network Security), Component (Solution, Services)
Geographically World Global Quantum Cryptography markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Quantum Cryptography markets will drive growth in the North American market over the next few years.
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Strategic Points Covered in Table of Content of Quantum Cryptography Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Quantum Cryptography market
Chapter 2: Exclusive Summary – the basic information of the Quantum Cryptography Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Digital Business Card
Chapter 4: Presenting the Quantum Cryptography Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Quantum Cryptography market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8& 9: Displaying the Appendix, Methodology and Data Source
What benefits does AMA research studies provides?
• Supporting company financial and cash flow planning
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments
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AMA Research provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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