Quantum Cryptography Market
PUBLISHED: 2020 ID: SMRC19711
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Quantum Cryptography Market

Quantum Cryptography - Global Market Outlook (2019-2027)

4.3 (81 reviews)
4.3 (81 reviews)
Published: 2020 ID: SMRC19711

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Quantum Cryptography Market is accounted for $137.16 million in 2019 and is expected to reach $1,586.42 million by 2027 growing at a CAGR of 35.8% during the forecast period. Some of the key factors propelling the market growth include growing incidents of cyber-attacks in the era of digitalization, increasing cybersecurity funding, rising demand of next-generation security solutions for cloud and IoT technologies, and evolving next-generation wireless network technologies. However, high implementation cost and lack of expertise are identified as key factors hindering the market growth.

Quantum cryptography is a science of exploiting the quantum and using current physics knowledge in order to implement a cryptography system that is able to prevent any types of attacks on data. It is used to securely send data over network, wherein if quantum cryptography is applied to a particular data that needs to be being transferred, then only sender and receiver of data are able to access that data with the help of special key. Quantum cryptography is different as compared to traditional cryptography method, as quantum cryptography is more dependent on physics, instead of mathematics.

By security type, the network security application is anticipated to grow at the significant rate in the quantum cryptography market. The recent advances in technology have a widespread effect on the network infrastructure worldwide. This development has given a boom to the e-commerce sector, as there are a growing number of customers adopting digital shopping solutions and generating a vast amount of network traffic. Moreover, the growing trend of remote access security and wireless communication has resulted in growth in the adoption of quantum cryptography, aiming toward protecting the integrity of networks.

On the basis of geography, North America region is expected to have considerable market growth during the forecast period, due to the rising demand for IT and cloud services, advancements in communication networks, and a rise in the number of cyber threats. To meet the rising demand for wireless network carriers, the U.S. officials have invested over the last two decades in their wireless capital expenditure to build the mobile networks. Furthermore, an increasing requirement for encryption-based applications and an enhanced adoption of connected devices including IoT and BYOD are driving the industries in North America to implement quantum cryptography solutions.

Some of the key players in quantum cryptography market include NEC, Toshiba, Microsoft, Quantum Xchange, Aurea Technology, Qutools, Mitsubishi Electric, IBM, HP, Qubitekk, ISARA Corporation, Post-Quantum, Qunu Labs, Infineon, Quantumctek, Magiq Technologies, Nucrypt, ID Quantique, Quintessencelabs, and Crypta Labs.

Components Covered:
• Services
• Hardware
• Software
• Quantum Cryptography Appliances

Security Types Covered:
• Application Security
• Network Security
• Database Encryption
• Cloud Encryption

End Users Covered:
• Commercial
• Healthcare and Life Sciences
• Government and Defense
• Automotive
• Retail & E-Commerce
• Manufacturing
• Medical
• Commercial
• Residential
• Industrial
• Aerospace
• Other End Users

Organization Sizes Covered:
• Large Enterprises
• Small and Medium Enterprises
• Governing and Regulatory Bodies

Algorithm Types Covered:
• Asymmetric key
• Symmetric key

Deployment Protocols Covered:
• BB84 protocol
• TSL/SSL protocol

Applications Covered:
• Optimization
• Sampling
• Simulation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 End User Analysis    
 3.7 Application Analysis   
 3.8 Emerging Markets    
 3.9 Impact of Covid-19    
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Quantum Cryptography Market, By Component 
 5.1 Introduction    
 5.2 Services     
  5.2.1 Deployment and Integration  
  5.2.2 Support and Maintenance  
  5.2.3 Consulting and Advisory  
 5.3 Hardware    
  5.3.1 Blade    
  5.3.2 Server    
  5.3.3 Random Number Generator  
  5.3.4 R&D Platform   
 5.4 Software     
  5.4.1 Transmission   
  5.4.2 Crypto Libraries   
  5.4.3 Encryption   
  5.4.4 Post-Quantum Cryptography  
  5.4.5 SDKs/APIs   
  5.4.6 Key & Policy Management Software 
 5.5 Quantum Cryptography Appliances  
  5.5.1 Quantum Random Number Generator (QRNG) Appliance
  5.5.2 Quantum Key Generation Appliance 
  5.5.3 Quantum Key Distribution (QKD) Appliance
       
6 Global Quantum Cryptography Market, By Security Type 
 6.1 Introduction    
 6.2 Application Security   
 6.3 Network Security    
 6.4 Database Encryption   
 6.5 Cloud Encryption    
       
7 Global Quantum Cryptography Market, By End User 
 7.1 Introduction    
 7.2 Commercial    
 7.3 Healthcare and Life Sciences   
 7.4 Government and Defense   
 7.5 Automotive    
 7.6 Retail & E-Commerce   
 7.7 Manufacturing    
 7.8 Medical     
 7.9 Commercial    
 7.10 Residential    
 7.11 Industrial     
 7.12 Aerospace    
 7.13 Other End Users    
  7.13.1 Logistics    
  7.13.2 IT and Telecom   
  7.13.3 Education   
  7.13.4 Energy and Utilities   
       
8 Global Quantum Cryptography Market, By Organization Size 
 
8.1 Introduction    
 8.2 Large Enterprises    
 8.3 Small and Medium Enterprises  
 8.4 Governing and Regulatory Bodies  
       
9 Global Quantum Cryptography Market, By Algorithm Type 
 9.1 Introduction    
 9.2 Asymmetric key    
 9.3 Symmetric key    
       
10 Global Quantum Cryptography Market, By Deployment Protocol 
 10.1 Introduction    
 10.2 BB84 protocol    
 10.3 TSL/SSL protocol    
       
11 Global Quantum Cryptography Market, By Application 
 11.1 Introduction    
 11.2 Optimization    
 11.3 Sampling     
 11.4 Simulation    
       
12 Global Quantum Cryptography Market, By Geography 
 
12.1 Introduction    
 12.2 North America    
  12.2.1 US    
  12.2.2 Canada    
  12.2.3 Mexico    
 12.3 Europe     
  12.3.1 Germany    
  12.3.2 UK    
  12.3.3 Italy    
  12.3.4 France    
  12.3.5 Spain    
  12.3.6 Rest of Europe   
 12.4 Asia Pacific    
  12.4.1 Japan    
  12.4.2 China    
  12.4.3 India    
  12.4.4 Australia    
  12.4.5 New Zealand   
  12.4.6 South Korea   
  12.4.7 Rest of Asia Pacific   
 12.5 South America    
  12.5.1 Argentina   
  12.5.2 Brazil    
  12.5.3 Chile    
  12.5.4 Rest of South America  
 12.6 Middle East & Africa   
  12.6.1 Saudi Arabia   
  12.6.2 UAE    
  12.6.3 Qatar    
  12.6.4 South Africa   
  12.6.5 Rest of Middle East & Africa  
       
13 Key Developments     
 
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
 13.2 Acquisitions & Mergers   
 13.3 New Product Launch   
 13.4 Expansions    
 13.5 Other Key Strategies   
       
14 Company Profiling     
 14.1 NEC     
 14.2 Toshiba     
 14.3 Microsoft     
 14.4 Quantum Xchange    
 14.5 Aurea Technology    
 14.6 Qutools     
 14.7 Mitsubishi Electric    
 14.8 IBM     
 14.9 HP     
 14.10 Qubitekk     
 14.11 ISARA Corporation    
 14.12 Post-Quantum    
 14.13 Qunu Labs    
 14.14 Infineon     
 14.15 Quantumctek    
 14.16 Magiq Technologies    
 14.17 Nucrypt     
 14.18 ID Quantique    
 14.19 Quintessencelabs    
 14.20 Crypta Labs     


List of Tables      
1 Global Quantum Cryptography Market Outlook, By Region (2018-2027) ($MN)
2 Global Quantum Cryptography Market Outlook, By Component (2018-2027) ($MN)
3 Global Quantum Cryptography Market Outlook, By Services (2018-2027) ($MN)
4 Global Quantum Cryptography Market Outlook, By Deployment and Integration (2018-2027) ($MN)
5 Global Quantum Cryptography Market Outlook, By Support and Maintenance (2018-2027) ($MN)
6 Global Quantum Cryptography Market Outlook, By Consulting and Advisory (2018-2027) ($MN)
7 Global Quantum Cryptography Market Outlook, By Hardware (2018-2027) ($MN)
8 Global Quantum Cryptography Market Outlook, By Blade (2018-2027) ($MN)
9 Global Quantum Cryptography Market Outlook, By Server (2018-2027) ($MN)
10 Global Quantum Cryptography Market Outlook, By Random Number Generator (2018-2027) ($MN)
11 Global Quantum Cryptography Market Outlook, By R&D Platform (2018-2027) ($MN)
12 Global Quantum Cryptography Market Outlook, By Software (2018-2027) ($MN)
13 Global Quantum Cryptography Market Outlook, By Transmission (2018-2027) ($MN)
14 Global Quantum Cryptography Market Outlook, By Crypto Libraries (2018-2027) ($MN)
15 Global Quantum Cryptography Market Outlook, By Encryption (2018-2027) ($MN)
16 Global Quantum Cryptography Market Outlook, By Post-Quantum Cryptography (2018-2027) ($MN)
17 Global Quantum Cryptography Market Outlook, By SDKs/APIs (2018-2027) ($MN)
18 Global Quantum Cryptography Market Outlook, By Key & Policy Management Software (2018-2027) ($MN)
19 Global Quantum Cryptography Market Outlook, By Quantum Cryptography Appliances (2018-2027) ($MN)
20 Global Quantum Cryptography Market Outlook, By Quantum Random Number Generator (QRNG) Appliance (2018-2027) ($MN)
21 Global Quantum Cryptography Market Outlook, By Quantum Key Generation Appliance (2018-2027) ($MN)
22 Global Quantum Cryptography Market Outlook, By Quantum Key Distribution (QKD) Appliance (2018-2027) ($MN)
23 Global Quantum Cryptography Market Outlook, By Security Type (2018-2027) ($MN)
24 Global Quantum Cryptography Market Outlook, By Application Security (2018-2027) ($MN)
25 Global Quantum Cryptography Market Outlook, By Network Security (2018-2027) ($MN)
26 Global Quantum Cryptography Market Outlook, By Database Encryption (2018-2027) ($MN)
27 Global Quantum Cryptography Market Outlook, By Cloud Encryption (2018-2027) ($MN)
28 Global Quantum Cryptography Market Outlook, By End User (2018-2027) ($MN)
29 Global Quantum Cryptography Market Outlook, By Banking, Financial Services, and Insurance (2018-2027) ($MN)
30 Global Quantum Cryptography Market Outlook, By Healthcare and Life Sciences (2018-2027) ($MN)
31 Global Quantum Cryptography Market Outlook, By Government and Defense (2018-2027) ($MN)
32 Global Quantum Cryptography Market Outlook, By Automotive (2018-2027) ($MN)
33 Global Quantum Cryptography Market Outlook, By Retail & E-Commerce (2018-2027) ($MN)
34 Global Quantum Cryptography Market Outlook, By Manufacturing (2018-2027) ($MN)
35 Global Quantum Cryptography Market Outlook, By Medical (2018-2027) ($MN)
36 Global Quantum Cryptography Market Outlook, By Commercial (2018-2027) ($MN)
37 Global Quantum Cryptography Market Outlook, By Residential (2018-2027) ($MN)
38 Global Quantum Cryptography Market Outlook, By Industrial (2018-2027) ($MN)
39 Global Quantum Cryptography Market Outlook, By Aerospace (2018-2027) ($MN)
40 Global Quantum Cryptography Market Outlook, By Other End Users (2018-2027) ($MN)
41 Global Quantum Cryptography Market Outlook, By Logistics (2018-2027) ($MN)
42 Global Quantum Cryptography Market Outlook, By IT and Telecom (2018-2027) ($MN)
43 Global Quantum Cryptography Market Outlook, By Education (2018-2027) ($MN)
44 Global Quantum Cryptography Market Outlook, By Energy and Utilities (2018-2027) ($MN)
45 Global Quantum Cryptography Market Outlook, By Organization Size (2018-2027) ($MN)
46 Global Quantum Cryptography Market Outlook, By Large Enterprises (2018-2027) ($MN)
47 Global Quantum Cryptography Market Outlook, By Small and Medium Enterprises (2018-2027) ($MN)
48 Global Quantum Cryptography Market Outlook, By Governing and Regulatory Bodies (2018-2027) ($MN)
49 Global Quantum Cryptography Market Outlook, By Algorithm Type (2018-2027) ($MN)
50 Global Quantum Cryptography Market Outlook, By Asymmetric key (2018-2027) ($MN)
51 Global Quantum Cryptography Market Outlook, By Symmetric key (2018-2027) ($MN)
52 Global Quantum Cryptography Market Outlook, By Deployment Protocol  (2018-2027) ($MN)
53 Global Quantum Cryptography Market Outlook, By BB84 protocol (2018-2027) ($MN)
54 Global Quantum Cryptography Market Outlook, By TSL/SSL protocol (2018-2027) ($MN)
55 Global Quantum Cryptography Market Outlook, By Application (2018-2027) ($MN)
56 Global Quantum Cryptography Market Outlook, By Optimization (2018-2027) ($MN)
57 Global Quantum Cryptography Market Outlook, By Sampling (2018-2027) ($MN)
58 Global Quantum Cryptography Market Outlook, By Simulation (2018-2027) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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