Quantum Cryptography Market Scope And Analysis

  • Report Code : TIPTE100001148
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Quantum Cryptography Market Analysis 2021 to 2031

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Quantum Cryptography Market Report Scope

Report Attribute Details
Market size in 2023 US$ 130.10 Million
Market Size by 2031 US$ 533.81 Million
Global CAGR (2023 - 2031) 19.30%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Offering
  • Solutions
  • Services
By Application
  • Network Security
  • Application Security
  • Database Security
By End User
  • IT & Telecommunication
  • BFSI
  • Government & Defense
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ID Quantique
  • Infineon Technologies
  • Magiq Technologies
  • IBM
  • NuCrypt
  • Anhui Qasky Quantum Technology Co Ltd
  • Qubitekk
  • Quintessence Labs
  • Qutools GmbH
  • Toshiba Corporation
  • Quantum Cryptography Market News and Recent Developments

    The quantum cryptography market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • The Linux Foundation is excited to announce the launch of the Post-Quantum Cryptography Alliance (PQCA), an open and collaborative initiative to drive the advancement and adoption of post-quantum cryptography. The PQCA brings together industry leaders, researchers, and developers to address cryptographic security challenges posed by quantum computing through the production of high-assurance software implementations of standardized algorithms while supporting the continued development and standardization of new post-quantum algorithms.

    (Source: The Linux Foundation, Press Release, 2024)

    • The company announced the most significant cryptographic security upgrade in iMessage history with the introduction of PQ3. This groundbreaking post-quantum cryptographic protocol advances the state of the art of end-to-end secure messaging. With compromise-resilient encryption and extensive defenses against even highly sophisticated quantum attacks, PQ3 is the first messaging protocol to reach Level 3 security — providing protocol protections that surpass those in all other widely deployed messaging apps. PQ3 has the strongest security properties of any at-scale messaging protocol in the world.

    (Source: Apple Inc., Company Website, 2024)

    Quantum Cryptography Market Report Coverage and Deliverables

    The “Quantum Cryptography Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Quantum cryptography market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Quantum cryptography market trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Quantum cryptography market analysis covering key market trends, major players, regulations, and recent market developments
    • Quantum cryptography Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles