According to Market Study Report, Quantum Cryptography Market provides a comprehensive analysis of the Quantum Cryptography Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Quantum Cryptography Market. An exclusive data offered in this report is collected by research and industry experts team.
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The Global Quantum Cryptography Market is expected to grow from US$ 101 Million in 2018 to US$ 506 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 37.9% during the forecast period. This report spread across 115 Pages, Profiling 21 Companies and Supported with 44 Tables and 35 Figures is now available in this market Research.
Top Companies profiled in the Quantum Cryptography Market:
ID Quantique (Switzerland)
Quintes sence Labs (Australia)
Crypta Labs (UK)
MagiQ Technologies (US)
QuNu Labs (India)
Quantum Xchange (US)
Aurea Technologies (France)
Mitsubishi Electric (Japan)
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The Continuous increase of data transmitted electronically has led to an increased need for and reliance on cryptography. Quantum cryptography solutions enables people to experience the same level of trust and confidence in the digital world as in the physical world. These solutions further enable millions of people to interact electronically via e-mail, eCommerce, ATMs, cell phones, etc. The quantum cryptographic solutions such as Quantum Key Distribution (QKD) platforms, QKD servers, virtual encryptors, QKD distributors, key and policy managers, SDK to integrate cryptography, quantum cryptography communication device, quantum security gateway, Quantum Random Number Generator (QRNG), hacker box, quantum secure communication network products, and repeaters, used to secure advanced cyber-attacks are in huge demand across the globe.
The US is the most developed country in terms of technology adoption and investments. The widespread adoption of PCs and internet services for business purpose and storage of critical data across the world has increased the propensity of data breach and theft. In addition, the major growth factors that would drive the adoption of quantum cryptography include the growing need for data privacy and security and an increasing number of cyber-attacks.
Competitive Landscape of Quantum Cryptography Market:
2 Microquadrant Overview
2.3 Dynamic Companies
2.4 Starting Blocks
2.5 Market Ranking
3 Competitive Scenario
3.1 New Product Launches and Product Enhancements
3.2 Partnerships, Collaborations, and Agreements