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Quantum Cryptography Market Is Projected To Reach US$ 12.82 Billion By 2033

11-27-2023 08:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

The Quantum Cryptography Industry sales study offers a comprehensive analysis on diverse features including production capacities, Quantum Cryptography demand, product developments, sales revenue generation and Quantum Cryptography market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Quantum Cryptography market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

According to Fact.MR, a market research and competitive intelligence provider, the global quantum cryptography market is valued at US$ 930.17 million in 2023 and is projected to reach US$ 12.82 billion by 2033. Worldwide demand for quantum cryptography solutions is predicted to rise at a high-value CAGR of 30% from 2023 to 2033.

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The readability score of the Quantum Cryptography market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Quantum Cryptography market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Quantum Cryptography along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Quantum Cryptography market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

• 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.

Competitive Analysis :

Prominent players in the global quantum cryptography market are diligently working towards the advancement and commercialization of groundbreaking quantum cryptography technology. With a keen focus on research and development activities, these key companies are investing significant resources to earn more.

Emphasizing diverse sales and marketing strategies, market players aim to effectively promote quantum cryptography and educate the masses about its numerous benefits. By combining innovation and strategic initiatives, these companies are at the forefront of shaping the future of quantum cryptography.
July 2022 Collaboration: ID Quantique SA and CryptoNext Security SAS Join Forces for Quantum-Safe Mobile Communication Solution

• In an exciting development, Geneva-based ID Quantique SA (IDQ) and Paris-based CryptoNext Security SAS have signed a collaborative agreement to deliver a robust quantum-safe communication solution tailored for mobile phone users. This innovative solution integrates CryptoNext's Quantum-Safe Library (C-QSL) and Quantum-Safe Messaging Application Plugin (C-QS-MS) with ID Quantique's QRNG Microchip, which offers automated detection capabilities. By combining their expertise, the two companies aim to provide an effective and long-term solution that ensures secure communication in the era of quantum technology.

Key Segments of Quantum Cryptography Industry Research

• By Component :
o Solutions
o Services

• By Security :
o Network Security
o Application Security

• By End Use :
o Government & Defense
o BFSI
o Retail
o Healthcare
o Automotive

• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

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About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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