Press release
Quantum Cryptography Market is anticipated to exhibit a high CAGR of 26% between 2019- 2029
The global Quantum Cryptography Market is meant to grow on a graceful note in the next 10 years. With edge computing, AI-enabled applications like computer vision NLP (Natural Language Processing) are being used broadly across various industries. They generally need dedicated components and processing speeds to perform complex mathematical computations. This would call for an irrevocable production of AI chips in the forecast period.The global quantum cryptography market is anticipated to exhibit a high CAGR of 26% during the forecast period (2019- 2029).
Request for Free Sample Report of "Quantum Cryptography" Market@ https://www.persistencemarketresearch.com/samples/31246
While using a traditional method of encryption, data is transferred in an encoded form over a public network along with a key to enable the receiver to decode the data. This poses a high risk of losing information about the key, which can result in data loss. Users have started to adopt quantum cryptography to overcome this problem, which uses the quantum key distribution (QKD) method that transfers a special key using light/photons instead of a public channel. Quantum cryptography provides high security and ensures confidentiality of data over a conventional method.
On back of increasing applications across different industry verticals, such as banking and financial services, IT and telecom, and government and defense,
Key Players:
The report has profiled some of the Important players prevalent in the global like - ID Quantique, Qubitekk, Quantum XC, QuintessenceLabs, PQ Solutions Limited, Toshiba Corporation, Infineon Technologies AG, Thales (Gemalto), MagiQ Technologies, Crypta Labs Ltd., Anhui Qasky Quantum Technology Co. Ltd., ISARA Corporation, QuantumCTek Co., Ltd., QuNu Labs Pvt. Ltd. and more.
Request For Customization@ https://www.persistencemarketresearch.com/request-customization/31246
Key Takeaways of Quantum Cryptography Market Study
Technology companies are partnering with various universities, with an objective to accelerate their research on quantum cryptography.
The quantum cryptography software segment is anticipated to grow at a significant rate, due to the increasing usage of quantum technology for encryption in present times.
Rising adoption of quantum computers is boosting the demand for quantum cryptography solutions, as quantum computers can easily decode public key encryption.
North America dominates the global quantum cryptography market, owing to the presence of key players and vast number of quantum technology users in the region.
"Military applications across various fields such as artificial intelligence, big data analytics, advanced robotics, and complex systems simulation have been identified as lucrative for players offering quantum cryptography solutions and services. Implications of quantum cryptography solutions have strategic importance in the economic field, international affairs, and national security of a country," says a PMR analyst.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/31246
Strategic Alliances to Upgrade Product Offerings Propelling Quantum Cryptography Market Growth
In this fast-growing market, it is difficult for quantum cryptography solution providers to specialize in everything, making alliances or partnerships essential for growth in the market. Companies must focus on novel and innovative solutions in order to defend their current position in the quantum cryptography market.
For instance, in July 2019, Utimaco GmbH, a leading software and hardware security modules provider, partnered with ISARA to utilize PQC (Post Quantum Cryptography) software provided by ISARA Corporation. This partnership will enable its users to have encrypted and secured communication that cannot be decrypted by other computers.
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/quantum-cryptography-market.asp
Find More Valuable Insights on Quantum Cryptography Market
Persistence Market Research puts forward an unbiased analysis of the global quantum cryptography market, providing historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. To understand the opportunities in quantum cryptography, the market is segmented on the basis of component (quantum cryptography appliances, quantum cryptography software, and services), application (network encryption, database encryption, application security, and cloud encryption), industry (BFSI, healthcare & life science, government & defense, IT & telecom, energy & utilities, retail & e-Commerce, and others), across seven major regions.
Related Reports:
Sic Diodes Market - https://www.persistencemarketresearch.com/market-research/sic-diodes-market.asp
NB- IoT Chipset Market - https://www.persistencemarketresearch.com/market-research/nb-iot-chipse-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. c
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
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 Quantum Cryptography Market is anticipated to exhibit a high CAGR of 26% between 2019- 2029 here
News-ID: 2714720 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
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…