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Quantum Cryptography Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Catalyst Acoustics Group Cellofoam International GmbH & Co. KG Eckel Industries Inc. A
Quantum Cryptography Market
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This investment complements the significant investment in cybersecurity outlined in 2016, Defence White Paper, boosting Defence cyber capabilities by $400 million over the next decade. This leads to increasing demand for quantum cryptography, also referred to as quantum encryption, that employs quantum mechanics principles for encryption of messages in a way that it is unreadable by anyone outside of the intended recipient. A quantum computer is used to conduct these activities, which have a huge computing power for data encryption and decryption. It creates secure communication by offering security-based on physics fundamental laws rather than computing technologies or mathematical algorithms used today. However, some quantum cryptography systems are vulnerable to hacking, which in turn, is a major restricting factor for the market growth. Advances in quantum cryptography are expected to offer an opportunity for the global quantum cryptography market.
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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Quantum Cryptography Market- Segmentation
By Component
• Solutions
• Services
• By Application
• Application Security
• Network Security
• Others
By Vertical
• BFSI
• Telecom & IT
• Government and Defense
• Retail
• Healthcare
• Others
Global Quantum Cryptography Market- Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
The Report Covers
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global quantum cryptography market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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