Press release
United States Quantum Cryptography Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Crypta Labs, Qasky, Qubitekk, ISARA, Nucrypt
Quantum Cryptography Market reached US$ 0.4 Billion in 2023 and is expected to reach US$ 5.5 Billion by 2031, growing with a CAGR of 40.7% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Quantum Cryptography Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Key Players: ID Quantique, QuintessenceLabs, Toshiba, QuantumCTek, Magiq Technologies, Crypta Labs, Qasky, Qubitekk, ISARA and Nucrypt.
USA - Industry Latest News:
✅ Jun 9, 2025 - IonQ announced agreement to acquire UK's Oxford Ionics (≈$1.07B stock+cash deal). (M&A).
✅ Mar 17, 2025 - Cloudflare announced a quantum-ready, post-quantum cryptography (PQC) Zero-Trust / WARP roadmap (end-to-end PQC support rolling out mid-2025). (Product / service launch).
✅ Oct 2025 (announced/debuted Oct 2025; launch mid-Nov 2025) - SEALSQ unveiled the "Quantum Shield QS7001" hardware chip embedding NIST-standard PQC (debuted at Q+AI 2025; commercial kits scheduled Nov 2025). (Product launch). Note: debut/launch announcements occurred in late-Oct/Sept-Oct 2025 but the product's commercial availability is planned for mid-Nov 2025.
Japan - Industry Latest News:
✅ Jul 28, 2025 - Japan unveiled a domestically-built superconducting quantum computer at Osaka University (home-grown components + Japanese open toolchain). (Technology launch / national capability).
✅ Oct 29, 2025 - NQCP (Denmark / Novo Nordisk Foundation Quantum programme) signed an MoU with Japan's Q-STAR to deepen industry collaboration (industry/government cooperation to accelerate quantum commercialization). (Partnership / collaboration).
Korea (South Korea) - Industry Latest News:
✅ Feb 26, 2025 - IonQ announced plans to acquire a controlling stake in Geneva-based ID Quantique (IDQ) and enter strategic partnerships including with SK Telecom - a deal that has major implications for Korea's quantum-cryptography ecosystem. (M&A / strategic partnership).
✅ Jun 18, 2025 - Korea Telecom (KT) partnered with HEQA Security to deploy Quantum Key Distribution (QKD) / quantum-safe infrastructure in carrier networks; showcased at Quantum Korea 2025. (Partnership / QKD deployment).
✅ 2025 (Feb-Mar updates) - Samsung (System LSI / Knox) publicly pushed hardware and mobile-security moves toward PQC and quantum-ready features (Samsung announced PQC readiness work for Knox / Galaxy family / security chips). (Product / platform security announcements).
Europe - Industry Latest News:
✅ Apr 23, 2025 - Toshiba Europe reported successful transmission of quantum-encrypted messages (QKD) over a 254 km commercial telecom network in Germany a practical milestone for fibre-based quantum-secure links. (Technology demonstration / product validation).
✅ Feb 26, 2025 - (Cross-regional) IonQ's announced stake in ID Quantique directly impacts Europe (IDQ headquartered in Geneva) strategic M&A to consolidate quantum-safe networking capabilities.
Growth Forecast Projected:
The Global Quantum Cryptography Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Quantum Cryptography Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Component (Solution, Service)
By Type (Quantum Key Distribution, Quantum Random Number Generation, Others)
By Security (Application Security, Network Security)
By Organizational Size (Small & Medium Enterprise, Large Enterprise)
By End-User (IT & Telecom, BFSI, Healthcare and life science, Automotive, Retail, Government & Defense, Others)
By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa)
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Quantum Cryptography producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Quantum Cryptography revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q1: What is the current size of the Quantum Cryptography Market?
A: The Quantum Cryptography Market stood at US$ 0.4 Billion in 2023 and is set to experience remarkable growth, reaching US$ 5.5 Billion by 2031
Q2: How fast is the Quantum Cryptography Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 40.7% from 2024-2031
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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