Quantum Cryptography Market - Forecasts From 2018 to 2023
The quantum cryptography market was valued at US$185.737 million in 2017 and is expected to grow at a CAGR of 28.44% over the forecast period to reach a total market size of US$834.066 million by 2023. Rising incidence of cyber-attacks and their increasing severity has been increasing concerns among enterprises regarding data security and privacy. As enterprises across industries continue to migrate towards cloud, the losses resulting from cyber-attacks have been increasing, thus increasing the need among enterprises to adopt stronger encryption techniques. This is increasing the adoption of quantum cryptography, thus boosting the growth of the market. However, since this technology is new, there is still low awareness among many enterprises regarding it. This is one of the factors hindering the growth of the market. Yet, the market is expected to witness a solid growth as companies continue to increase their IT budgets and apportion a good share of it towards security.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the quantum cryptography value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the quantum cryptography market.
Major industry players profiled as part of the report are ID Quantique, MagiQ Technologies, Inc., QuintessenceLabs, NuCrypt, Anhui Qasky Science and Technology Limited Liability Company, Crypta Labs Ltd, Qubitekk, PQ Solutions Limited and Infineon Technologies.
Segmentation
The quantum cryptography market is segmented by component, enterprise size, application, end-user industry and geography.
By Component
Hardware
Software
Services
By Enterprise Size
Small
Medium
Large
By Application
Network Security
Database Encryption
Application Security
Others
By End-User Industry
Communication and Technology
Government
Military and Defence
Retail
Healthcare
BFSI
Others
By Geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the quantum cryptography value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the quantum cryptography market.
Major industry players profiled as part of the report are ID Quantique, MagiQ Technologies, Inc., QuintessenceLabs, NuCrypt, Anhui Qasky Science and Technology Limited Liability Company, Crypta Labs Ltd, Qubitekk, PQ Solutions Limited and Infineon Technologies.
Segmentation
The quantum cryptography market is segmented by component, enterprise size, application, end-user industry and geography.
By Component
Hardware
Software
Services
By Enterprise Size
Small
Medium
Large
By Application
Network Security
Database Encryption
Application Security
Others
By End-User Industry
Communication and Technology
Government
Military and Defence
Retail
Healthcare
BFSI
Others
By Geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
1. INTRODUCTION
2. RESEARCH METHODOLOGY
2.1. Research Process And Design
2.2. Research Assumptions
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. QUANTUM CRYPTOGRAPHY MARKET BY COMPONENT
5.1. Hardware
5.2. Software
5.3. Services
6. QUANTUM CRYPTOGRAPHY MARKET BY ENTERPRISE SIZE
6.1. Small
6.2. Medium
6.3. Large
7. QUANTUM CRYPTOGRAPHY MARKET BY APPLICATION
7.1. Network Security
7.2. Database Encryption
7.3. Application Security
7.4. Others
8. QUANTUM CRYPTOGRAPHY MARKET BY END-USER INDUSTRY
8.1. Communication and Technology
8.2. Government
8.3. Military and Defence
8.4. Retail
8.5. Healthcare
8.6. BFSI
8.7. Others
9. QUANTUM CRYPTOGRAPHY MARKET BY GEOGRAPHY
9.1. North America
9.2. South America
9.3. Europe
9.4. Middle East and Africa
9.5. Asia Pacific
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. ID Quantique
11.2. MagiQ Technologies, Inc.
11.3. QuintessenceLabs
11.4. NuCrypt
11.5. Anhui Qasky Science and Technology Limited Liability Company
11.6. Crypta Labs Ltd
11.7. Qubitekk
11.8. PQ Solutions Limited
11.9. Infineon Technologies
List of Figures
List of Tables
Disclaimer
2. RESEARCH METHODOLOGY
2.1. Research Process And Design
2.2. Research Assumptions
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. QUANTUM CRYPTOGRAPHY MARKET BY COMPONENT
5.1. Hardware
5.2. Software
5.3. Services
6. QUANTUM CRYPTOGRAPHY MARKET BY ENTERPRISE SIZE
6.1. Small
6.2. Medium
6.3. Large
7. QUANTUM CRYPTOGRAPHY MARKET BY APPLICATION
7.1. Network Security
7.2. Database Encryption
7.3. Application Security
7.4. Others
8. QUANTUM CRYPTOGRAPHY MARKET BY END-USER INDUSTRY
8.1. Communication and Technology
8.2. Government
8.3. Military and Defence
8.4. Retail
8.5. Healthcare
8.6. BFSI
8.7. Others
9. QUANTUM CRYPTOGRAPHY MARKET BY GEOGRAPHY
9.1. North America
9.2. South America
9.3. Europe
9.4. Middle East and Africa
9.5. Asia Pacific
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. ID Quantique
11.2. MagiQ Technologies, Inc.
11.3. QuintessenceLabs
11.4. NuCrypt
11.5. Anhui Qasky Science and Technology Limited Liability Company
11.6. Crypta Labs Ltd
11.7. Qubitekk
11.8. PQ Solutions Limited
11.9. Infineon Technologies
List of Figures
List of Tables
Disclaimer
