Quantum Cryptography Market to hit USD 434 Mn by 2029: Competitive Landscape, Trends, Statistics and Segmentation

Pune 20 March 2023: The report expects Quantum Cryptography to grow from USD 106 Mn in 2021 to USD 434 Mn by 2029 at a CAGR of 19.3 percent over the forecast period. The report involves the demand and pricing analysis and Statistics and competitive landscape.

Quantum Cryptography Market Report Scope and Research Methodology

The report is a thorough analysis of the Quantum Cryptography market provided with key findings including Pricing, Investments, Expansion Plans, and Physical presence in the Quantum Cryptography market. The bottom-up approach was used to understand Quantum Cryptography market estimations and growth rates in the report. A detailed analysis is conducted on the drivers, restraints, opportunities, and challenges of the Quantum Cryptography market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Quantum Cryptography market.

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Regional analysis of the Quantum Cryptography market conducted at a local, regional and global level. For a segment-wise analysis of the Quantum Cryptography market, it is divided by Application, Vertical, Organisation Size and Component. The report includes primary and secondary collection techniques with qualitative and quantitative analysis. Primary research includes questionnaires and telephonic interviews with market leaders, market leaders, business owners, etc., while secondary techniques include financial reports, annual reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to analyze the competitive intensity of the industry in the Quantum Cryptography Market.

Quantum Cryptography Market Dynamics

The increase in the number of cyber-attacks is the major growth factor for the Quantum Cryptography Market. The Quantum Cryptography Market is driven by an increase in the demand for the next generation security solutions, an increase in cyber security funding, an increase in the demand for digitalization and growing awareness regarding cyber security among industrial users as well as verticals. During the forecast period, the Quantum Cryptography Market growth is expected to be restrained by the high installation cost and lack of expertise.

Quantum Cryptography Market Regional Insights

In 2021, North America dominated the Quantum Cryptography Market with the largest market share of 48.6 percent. The regional market growth is driven by the high adoption of advanced technologies in various sectors such as retail, IT Telecom and Healthcare and the increase in the number of cyber-attacks in the countries such as Canada and Mexico. The increasing demand for data security and privacy is also a key factor for the regional growth of the market. The United States is the major contributor the regional Quantum Cryptography Market growth.

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Quantum Cryptography Market Segmentation:

By Application

Application Security
Database Encryption
Network Security Trends

By Vertical

Government and Defense
Banking and Financial Services
Retail
Healthcare
Automotive
Others

By Organisation Size

SME's
Large Enterprises

By Component

Solutions
Services

Quantum Cryptography Market Key Players include:

ID Quantique SA
MagiQ Technologies Inc.
Nippon Telegraph and Telephone Corp.
Nucrypt LLC
Oki Electric Industry Company Ltd.
QuintessenceLabs Inc.
Raytheon BBN Technologies
SK Telecom
Universal Quantum Devices
Anhui Qasky Quantum Technologies
Qubitekk
qutools GmbH
Toshiba Corporation
International Business Machines (IBM) Corporation
Infineon Technologies AG

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Table of for Global Quantum Cryptography Market:

Global Quantum Cryptography Market: Research Methodology

Global Quantum Cryptography Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Quantum Cryptography Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Quantum Cryptography Market Segmentation

Global Market, by Application (2021-2029)
Global Market, by Vertical (2021-2029)
Global Market, by Organisation Size (2021-2029)
Global Market, by Component (2021-2029)

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Regional Global Quantum Cryptography Market(2021-2029)

Regional Market, by Application (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Organisation Size (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of the Application, Vertical, Organisation Size, Component and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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