Quantum Cryptography Market is expected to reach US$ 5.5 Billion by 2031 | Major players - ID Quantique, QuintessenceLabs, Toshiba, QuantumCTek

Market Size and Growth:

The Global Quantum Cryptography Market size 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.

The Quantum Cryptography Market refers to technologies and services that use quantum mechanics principles such as quantum key distribution (QKD) to secure data transmission. It enables ultra-secure communication by detecting interception attempts, serving sectors like finance, defense, telecom, healthcare, and government amid rising cybersecurity threats.

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Recent Key Developments of United States:

✅ November 2025: The U.S. National Quantum Initiative advanced quantum-safe standards through NIST, finalizing post-quantum cryptography algorithms for federal adoption to counter emerging threats.​

✅ October 2025: Leading U.S. firms like ID Quantique expanded QKD deployments in defense networks, enhancing secure satellite communications amid rising geopolitical tensions.​

✅ September 2025: DARPA-funded projects tested integrated quantum cryptography for 6G infrastructure, focusing on scalable key distribution in urban testbeds.​

Recent Key Developments of Japan:

✅ January 2026: 01 Quantum, partnering with Hitachi Solutions Create, released DoMobile Ver.5 a PQC-enhanced zero-trust remote access platform-for the Japanese market.

✅ November 2025: NEC Corporation launched advanced QKD solutions tailored for Japanese banks and enterprises, bolstering secure digital communications nationwide.​

✅ October 2025: NTT collaborated with universities on long-distance QKD networks, laying groundwork for a national secure communication infrastructure.​

List of the Key Players in the Quantum Cryptography Market:

ID Quantique
QuintessenceLabs
Toshiba
QuantumCTek
Magiq Technologies
Crypta Labs
Qasky
Qubitekk
ISARA
Nucrypt

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Quantum Cryptography Market:

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.

Regional Analysis:

⇥ 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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Quantum Cryptography market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Quantum Cryptography Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Quantum Cryptography market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Quantum Cryptography Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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