Quantum Random Number Generator (QRNG) Market Share Poised for Expansion as Demand for Secure Communications Soars | Valuates Reports

Quantum Random Number Generator (RNG) Market
The global market for Quantum Random Number Generator (RNG) was valued at US$ 96 million in the year 2024 and is projected to reach a revised size of US$ 236 million by 2031, growing at a CAGR of 11.8 %during the forecast period.

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Market Trends for Quantum Random Number Generator (QRNG) Market:

The Quantum Random Number Generator (QRNG) Market is gaining strong momentum as organizations seek next-level security solutions in the era of digital transformation. Unlike traditional random number generators, QRNGs use quantum mechanics to produce highly unpredictable values, making them ideal for cryptographic applications, secure communications, and emerging quantum computing technologies.

Market Size and Revenue

The global market size for QRNGs is expanding at a notable pace, driven by growing investments in cybersecurity and quantum research. As quantum technology becomes more accessible, sectors like defense, finance, and telecom are fueling the revenue stream with increasing deployments of QRNG solutions.

Market Share

In terms of market share, North America currently leads due to its well-established tech infrastructure and ongoing government support for quantum advancements. Europe is also showing strong growth, while Asia-Pacific is emerging rapidly thanks to innovation hubs in countries like China, Japan, and South Korea. Among applications, cryptography remains the dominant segment, accounting for a major portion of the market share.

Market Growth

The market growth trajectory is fueled by rising awareness of data protection and the increasing threat of sophisticated cyberattacks. With traditional encryption methods becoming vulnerable, quantum-safe technologies such as QRNGs are becoming essential tools in critical infrastructure protection.

Market Analysis

From a strategic market analysis standpoint, companies are focusing on developing compact and affordable QRNG modules for integration into consumer electronics, IoT devices, and financial systems. Collaborations between academic institutions and quantum startups are further accelerating product innovation, helping shape the future of secure digital ecosystems.

Segment by Type

• PCIe Type
• USB Type
• Others

Segment by Application

• Quantum Communication
• Traditional Information Security
• Cryptography
• Betting Industry
• Other

By Company

ID Quantique, QuantumCTek Co., Ltd., Zhejiang Quantum Technologies Co.,Ltd

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