openPR Logo
Press release

Quantum Cryptography Market is projected to expand at a steady CAGR over the forecast by 2031 | QuintessenceLabs, MagiQ Technologies, Quantum Xchange, Toshiba, Qubitekk

07-20-2023 04:27 PM CET | IT, New Media & Software

Press release from: Global Insight Services

Quantum Cryptography Market is projected to expand at a steady

New York, Global Quantum Cryptography Market report from Global Insight Services is the single authoritative source of intelligence on Quantum Cryptography Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Request free sample copy of this research study: https://www.globalinsightservices.com/request-sample/GIS24554

Quantum cryptography is a method of transmitting information using quantum mechanical phenomena, such as entanglement and superposition. Quantum cryptography is used to create a shared secret key between two parties, which can then be used to encrypt and decrypt messages. Quantum cryptography is considered to be unbreakable, as any attempt to measure the quantum state of the system will cause the state to collapse, revealing the measurement to the other party.

Key Trends
Quantum cryptography is an emerging technology that uses the principles of quantum mechanics to securely encode and transmit information. Unlike traditional cryptography, which relies on the mathematical properties of numbers to encode and decode data, quantum cryptography takes advantage of the quantum properties of particles to create an unbreakable code.

One of the key benefits of quantum cryptography is its absolute security. Because quantum cryptography is based on the laws of physics, it is impossible to hack or eavesdrop on a quantum cryptography-encrypted communication without being detected. This makes quantum cryptography ideal for applications where security is of the utmost importance, such as military communications, financial transactions, and confidential data transfers.

Read more about Quantum Cryptography Market here: https://www.globalinsightservices.com/reports/quantum-cryptography-market/

Key Drivers
Quantum cryptography, also known as quantum key distribution (QKD), is a secure communication technique that makes use of the principles of quantum mechanics to share a key between two parties. The key is used to encrypt and decrypt a message, and the security of the key lies in the fact that it is impossible to copy or measure without introducing errors.

The key drivers of quantum cryptography market are its absolute security, resistance to hacking, and compatibility with existing infrastructure. The main challenge for quantum cryptography is its high cost, which is currently the main barrier to its widespread adoption.

Get Customized Report as Per Your Requirement: https://www.globalinsightservices.com/request-customization/GIS24554

Market Segments
The quantum cryptography market is segmented by technology, application, end-user, and region. By technology, the market is divided into quantum key distribution (QKD), quantum random number generation (QRNG), and post-quantum cryptography. By application, the market is bifurcated into government & defense, financial services, and healthcare telecommunications. By end-user, the market is classified into enterprises, enterprises (SMEs), and government agencies. By region, the market is classified into North America, Europe, Asia-Pacific, and the rest of the world.

Key Players
The global quantum cryptography market report includes players such as ID Quantique, QuintessenceLabs, MagiQ Technologies, Quantum Xchange, Toshiba, Qubitekk, PQ Solutions, QuantumCTek, QKD Corp, and Quintel Technology Limited

Purchase your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS24554

With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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 projected to expand at a steady CAGR over the forecast by 2031 | QuintessenceLabs, MagiQ Technologies, Quantum Xchange, Toshiba, Qubitekk here

News-ID: 3139770 • Views:

More Releases from Global Insight Services

Submersible Pump Market Is Anticipated To Expand From $14.5 Billion In 2024 To $21.8 Billion By 2034
Submersible Pump Market Is Anticipated To Expand From $14.5 Billion In 2024 To $ …
Market Overview The Submersible Pump Market is anticipated to expand from $14.5 billion in 2024 to $21.8 billion by 2034, registering a steady CAGR of approximately 4.2%. Submersible pumps are designed for submerged operations in various fluids, enabling efficient water extraction, sewage treatment, and oil and gas applications. These pumps are extensively used across sectors such as agriculture, municipal infrastructure, and industrial processes, offering reliable performance in demanding environments. The market's
Special Mission Aircraft Market Is Anticipated To Expand From $17.3 Billion In 2024 To $29.9 Billion By 2034
Special Mission Aircraft Market Is Anticipated To Expand From $17.3 Billion In 2 …
Market Overview The Special Mission Aircraft Market is witnessing substantial expansion, driven by the rising need for versatile and technologically advanced aircraft tailored for unique operational roles. These aircraft are not limited to traditional transport duties but are equipped for specific missions such as intelligence gathering, surveillance, reconnaissance, search and rescue, and maritime patrol. As defense and homeland security agencies worldwide focus on enhancing situational awareness and operational efficiency, the Special
Medical Tourism Market Is Anticipated To Expand From $115.6 Billion In 2024 To $346.1 Billion By 2034
Medical Tourism Market Is Anticipated To Expand From $115.6 Billion In 2024 To $ …
Market Overview The Medical Tourism Market has emerged as a transformative force within the global healthcare ecosystem, offering patients an affordable and accessible alternative to high-cost treatments in their home countries. It represents a growing trend where individuals travel abroad to receive medical services ranging from elective cosmetic procedures to complex surgeries. The demand surge is primarily fueled by cost-effectiveness, high-quality care, shorter waiting times, and the availability of advanced treatments
Magnetic Sensor Market Is Anticipated To Expand From $5.42 Billion In 2024 To $12.48 Billion By 2034
Magnetic Sensor Market Is Anticipated To Expand From $5.42 Billion In 2024 To $1 …
Market Overview The Magnetic Sensor Market is anticipated to expand from $5.42 billion in 2024 to $12.48 billion by 2034, growing at a CAGR of approximately 8.7%. This rapid growth reflects the rising integration of magnetic sensing technologies across diverse industries such as automotive, consumer electronics, healthcare, and industrial automation. These sensors are essential for detecting magnetic fields and translating them into electrical signals, enabling applications like navigation, position sensing, current

All 5 Releases


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