[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Quantum Cryptography Market Size, Share & Trends Analysis Report By Type (Hardware, Software, Services), By End-use, By Application, By Region, And Segment Forecasts, 2024 - 2030

May 2024 | 120 pages | ID: Q9E1544DDA2CEN
Grand View Research, Inc.

US$ 5,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 4 Business Days

Quantum Cryptography Market Growth & Trends

The global quantum cryptography market size is anticipated to reach USD 4,623.2 million by 2030 and is projected to grow at a CAGR of 38.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The COVID-19 pandemic significantly influenced market growth by amplifying cybersecurity concerns amidst the rapid shift to remote work and digital communication channels. This shift exposed organizations to heightened cybersecurity risks as remote access points and virtual collaboration tools became prime targets for malicious actors. The need for secure data transmission became more critical as sensitive information traversed networks outside the traditional confines of office environments. As organizations sought to fortify their defenses and safeguard their digital assets in this evolving threat landscape, the adoption of quantum cryptography emerged as a strategic imperative in ensuring the integrity and confidentiality of sensitive data exchanged over remote channels.

Quantum cryptography is finding applications in securing critical infrastructure such as power grids, transportation systems, and telecommunications networks. The need to safeguard these vital systems from cyber threats and ensure uninterrupted operation is driving the adoption of quantum cryptographic solutions among infrastructure operators and government agencies.

Retail and e-commerce companies are subject to various regulatory frameworks governing data security and privacy, such as the General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS). Compliance with these regulations requires implementing robust encryption measures to protect sensitive customer information. Quantum cryptography offers a level of security that meets regulatory standards, enabling businesses to demonstrate compliance and avoid costly penalties for data breaches.

Quantum Cryptography Market Report Highlights
  • Based on type, the software segment led the market with the largest revenue share of 43.8% in 2023. This can be attributed to the proliferation of smart devices. The services segment is expected to witness at the fastest CAGR during the forecast period, led by emergence of software-as-a-service (SaaS) businesses
  • Based on end-use, the healthcare segment is expected to witness at the fastest CAGR over the forecast period. This can be attributed to the rising focus on protection of patient confidentiality
  • In December 2023, QNu Labs, a Bengaluru-based quantum technology developer, received a fund of USD 6.5 million. The capital infusion drives the company's growth initiatives, focusing on enhancing its quantum technology solutions. The funds were allocated towards advancing research and development, expanding the customer base in Europe and the U.S., and establishing partnerships for satellite-based Quantum Key Distribution technology
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Segment Definitions
  1.2.1. Type
  1.2.2. End-use
  1.2.3. Application
  1.2.4. Regional scope
  1.2.5. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
  1.4.1. Information procurement
  1.4.2. Information or data analysis
  1.4.3. Market Formulation & data visualization
  1.4.4. Data Validation & publishing
1.5. Research Scope and Assumptions
  1.5.1. List of data sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
  2.2.1. Type outlook
  2.2.2. End-use outlook
  2.2.3. Application outlook
2.3. Competitive Insights

CHAPTER 3. QUANTUM CRYPTOGRAPHY MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent market outlook
  3.1.2. Related/ancillary market outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
  3.3.1. Market driver analysis
  3.3.2. Market restraint analysis
  3.3.3. Market opportunity analysis
3.4. Quantum Cryptography Market Analysis Tools
  3.4.1. Industry Analysis - Porter’s
    3.4.1.1. Supplier power
    3.4.1.2. Buyer power
    3.4.1.3. Substitution threat
    3.4.1.4. Threat of new entrant
    3.4.1.5. Competitive rivalry
  3.4.2. PESTEL Analysis
    3.4.2.1. Political landscape
    3.4.2.2. Economic landscape
    3.4.2.3. Social landscape
    3.4.2.4. Technological landscape
    3.4.2.5. Environmental landscape
    3.4.2.6. Legal landscape

CHAPTER 4. QUANTUM CRYPTOGRAPHY MARKET: TYPE ESTIMATES & TREND ANALYSIS

4.1. Segment Dashboard
4.2. Quantum Cryptography Market: Type Movement Analysis, 2023 & 2030 (USD Million)
  4.2.1. Hardware
    4.2.1.1. Hardware market estimates and forecasts 2018 to 2030 (USD Million)
  4.2.2. Software
    4.2.2.1. Software market estimates and forecasts 2018 to 2030 (USD Million)
  4.2.3. Services
    4.2.3.1. Services market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 5. QUANTUM CRYPTOGRAPHY MARKET: END-USE ESTIMATES & TREND ANALYSIS

5.1. Segment Dashboard
5.2. Quantum Cryptography Market: End-use Movement Analysis, 2023 & 2030 (USD Million)
  5.2.1. Cloud
    5.2.1.1. Cloud market estimates and forecasts 2018 to 2030 (USD Million)
  5.2.2. On-premise
    5.2.2.1. On-premise market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 6. QUANTUM CRYPTOGRAPHY MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

6.1. Segment Dashboard
6.2. Quantum Cryptography Market: Application Movement Analysis, 2023 & 2030 (USD Million)
  6.2.1. BFSI
    6.2.1.1. BFSI market estimates and forecasts 2018 to 2030 (USD Million)
  6.2.2. IT & telecommunication
    6.2.2.1. IT & telecommunication market estimates and forecasts 2018 to 2030 (USD Million)
  6.2.3. Government & defense
    6.2.3.1. Government & defense market estimates and forecasts 2018 to 2030 (USD Million)
  6.2.4. Healthcare
    6.2.4.1. Healthcare market estimates and forecasts 2018 to 2030 (USD Million)
  6.2.5. Retail & e-commerce
    6.2.5.1. Retail & e-commerce market estimates and forecasts 2018 to 2030 (USD Million)
  6.2.6. Others (Smart Infrastructure, Energy & Utilities, etc.)
    6.2.6.1. Others (Smart Infrastructure, Energy & Utilities, etc.) market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 7. QUANTUM CRYPTOGRAPHY MARKET: ACCESS TYPE ESTIMATES & TREND ANALYSIS

7.1. Segment Dashboard
7.2. Global Quantum Cryptography Market by Access Type Outlook
7.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
  7.3.1. Cloud security
    7.3.1.1. Cloud security market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.2. Database security
    7.3.2.1. Database security market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.3. Network security
    7.3.3.1. Network security market estimates and forecasts 2018 to 2030 (USD Million)
  7.3.4. Application security
    7.3.4.1. Application security market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 8. QUANTUM CRYPTOGRAPHY MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

8.1. Quantum Cryptography Market Share, By Region, 2023 & 2030 (USD Million)
8.2. North America
  8.2.1. North America quantum cryptography market estimates and forecasts, 2018 - 2030 (USD Billion)
  8.2.2. U.S.
    8.2.2.1. U.S. quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.2.3. Canada
    8.2.3.1. Canada quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
8.3. Europe
  8.3.1. Europe quantum cryptography market estimates and forecasts, 2018 - 2030 (USD Billion)
  8.3.2. UK
    8.3.2.1. UK quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.3.3. Germany
    8.3.3.1. Germany quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.3.4. France
    8.3.4.1. France quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.3.5. Italy
    8.3.5.1. Italy quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
8.4. Asia Pacific
  8.4.1. Asia Pacific quantum cryptography market estimates and forecasts, 2018 - 2030 (USD Billion)
  8.4.2. Japan
    8.4.2.1. Japan quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.4.3. China
    8.4.3.1. China quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.4.4. India
    8.4.4.1. India quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.4.5. Australia
    8.4.5.1. Australia quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.4.6. South Korea
    8.4.6.1. South Korea quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
8.5. Latin America
  8.5.1. Latin America quantum cryptography market estimates and forecasts, 2018 - 2030 (USD Billion)
  8.5.2. Brazil
    8.5.2.1. Brazil quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.5.3. Mexico
    8.5.3.1. Mexico quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.5.4. Argentina
    8.5.4.1. Argentina quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
8.6. MEA
  8.6.1. MEA quantum cryptography market estimates and forecasts, 2018 - 2030 (USD Billion)
  8.6.2. South Africa
    8.6.2.1. South Africa quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.6.3. Saudi Arabia
    8.6.3.1. Saudi Arabia quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)
  8.6.4. UAE
    8.6.4.1. UAE quantum cryptography market estimates and forecasts 2018 to 2030 (USD Million)

CHAPTER 9. COMPETITIVE LANDSCAPE

9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Company Categorization
9.3. Company Market Positioning
9.4. Company Heat Map Analysis
9.5. Strategy Mapping
  9.5.1. Expansion
  9.5.2. Mergers & acquisition
  9.5.3. Partnerships & collaborations
  9.5.4. New product launches
  9.5.5. Research and development
9.6. Company Profiles
  9.6.1. Datadog, Inc.
    9.6.1.1. Company overview
    9.6.1.2. Financial performance
    9.6.1.3. Product benchmarking
    9.6.1.4. Strategic initiatives
  9.6.2. Crypta Labs
    9.6.2.1. Company overview
    9.6.2.2. Financial performance
    9.6.2.3. Product benchmarking
    9.6.2.4. Strategic initiatives
  9.6.3. IBM
    9.6.3.1. Company overview
    9.6.3.2. Financial performance
    9.6.3.3. Product benchmarking
    9.6.3.4. Strategic initiatives
  9.6.4. ID Quantique
    9.6.4.1. Company overview
    9.6.4.2. Financial performance
    9.6.4.3. Product benchmarking
    9.6.4.4. Strategic initiatives
  9.6.5. Infineon Technologies AG
    9.6.5.1. Company overview
    9.6.5.2. Financial performance
    9.6.5.3. Product benchmarking
    9.6.5.4. Strategic initiatives
  9.6.6. MagiQ Technologies, Inc.
    9.6.6.1. Company overview
    9.6.6.2. Financial performance
    9.6.6.3. Product benchmarking
    9.6.6.4. Strategic initiatives
  9.6.7. NEC Corporation
    9.6.7.1. Company overview
    9.6.7.2. Financial performance
    9.6.7.3. Product benchmarking
    9.6.7.4. Strategic initiatives
  9.6.8. QNu Labs
    9.6.8.1. Company overview
    9.6.8.2. Financial performance
    9.6.8.3. Product benchmarking
    9.6.8.4. Strategic initiatives
  9.6.9. QuantumCTek Co., Ltd.
    9.6.9.1. Company overview
    9.6.9.2. Financial performance
    9.6.9.3. Product benchmarking
    9.6.9.4. Strategic initiatives
  9.6.10. QuintessenceLabs Pty. Ltd.
    9.6.10.1. Company overview
    9.6.10.2. Financial performance
    9.6.10.3. Product benchmarking
    9.6.10.4. Strategic initiatives
  9.6.11. Toshiba Corporation
    9.6.11.1. Company overview
    9.6.11.2. Financial performance
    9.6.11.3. Product benchmarking
    9.6.11.4. Strategic initiatives
  9.6.12. Agnostiq, Inc.
    9.6.12.1. Company overview
    9.6.12.2. Financial performance
    9.6.12.3. Product benchmarking
    9.6.12.4. Strategic initiatives
  9.6.13. Qrypt
    9.6.13.1. Company overview
    9.6.13.2. Financial performance
    9.6.13.3. Product benchmarking
    9.6.13.4. Strategic initiatives
LIST OF TABLES


Table 1 List of abbreviations
Table 2 North America quantum cryptography market, by region, 2018 - 2030 (USD Million)
Table 3 North America quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 4 North America quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 5 North America quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 6 U.S. quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 7 U.S. quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 8 U.S. quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 9 Canada quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 10 Canada quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 11 Canada quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 12 Europe quantum cryptography market, by region, 2018 - 2030 (USD Million)
Table 13 Europe quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 14 Europe quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 15 Europe quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 16 Germany quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 17 Germany quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 18 Germany quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 19 UK quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 20 UK quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 21 UK quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 22 France quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 23 France quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 24 France quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 25 Italy quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 26 Italy quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 27 Italy quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 28 Asia Pacific quantum cryptography market, by region, 2018 - 2030 (USD Million)
Table 29 Asia Pacific quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 30 Asia Pacific quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 31 Asia Pacific quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 32 China quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 33 China quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 34 China quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 35 Japan quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 36 Japan quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 37 Japan quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 38 India quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 39 India quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 40 India quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 41 South Korea quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 42 South Korea quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 43 South Korea quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 44 Australia quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 45 Australia quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 46 Australia quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 47 Latin America quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 48 Latin America quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 49 Latin America quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 50 Brazil quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 51 Brazil quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 52 Brazil quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 53 Mexico quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 54 Mexico quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 55 Mexico quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 56 Argentina quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 57 Argentina quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 58 Argentina quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 59 MEA quantum cryptography market, by region, 2018 - 2030 (USD Million)
Table 60 MEA quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 61 MEA quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 62 MEA quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 63 South Africa quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 64 South Africa quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 65 South Africa quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 66 Saudi Arabia quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 67 Saudi Arabia quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 68 Saudi Arabia quantum cryptography market, by application, 2018 - 2030 (USD Million)
Table 69 UAE quantum cryptography market, by type, 2018 - 2030 (USD Million)
Table 70 UAE quantum cryptography market, by end-use, 2018 - 2030 (USD Million)
Table 71 UAE quantum cryptography market, by application, 2018 - 2030 (USD Million)
LIST OF FIGURES


Fig. 1 Market research process
Fig. 2 Quantum cryptography market segmentation
Fig. 3 Quantum cryptography landscape
Fig. 4 Information procurement
Fig. 5 Data analysis models
Fig. 6 Market formulation and validation
Fig. 7 Data validating & publishing
Fig. 8 Market snapshot
Fig. 9 Segment snapshot (1/2)
Fig. 10 Segment snapshot (2/2)
Fig. 11 Competitive landscape snapshot
Fig. 12 Quantum cryptography market: Industry value chain analysis
Fig. 13 Quantum cryptography market: Market dynamics
Fig. 14 Quantum cryptography market: PORTER's analysis
Fig. 15 Quantum cryptography market: PESTEL analysis
Fig. 16 Quantum cryptography market: Type movement analysis
Fig. 17 Quantum cryptography market: Type outlook and key takeaways
Fig. 18 Hardware market estimates and forecast, 2018 - 2030
Fig. 19 Software market estimates and forecast, 2018 - 2030
Fig. 20 Services market estimates and forecast, 2018 - 2030
Fig. 21 Quantum cryptography market: End-use movement Analysis
Fig. 22 Quantum cryptography market: End-use outlook and key takeaways
Fig. 23 BFSI market estimates and forecast, 2018 - 2030
Fig. 24 IT & telecommunication market estimates and forecast, 2018 - 2030
Fig. 25 Government & defense market estimates and forecast, 2018 - 2030
Fig. 26 Healthcare market estimates and forecast, 2018 - 2030
Fig. 27 Retail & e-commerce market estimates and forecast, 2018 - 2030
Fig. 28 Others (Smart Infrastructure, Energy & Utilities, etc.) market estimates and forecast, 2018 - 2030
Fig. 29 Quantum cryptography market: Application movement analysis
Fig. 30 Quantum cryptography market: Application outlook and key takeaways
Fig. 31 Cloud security market estimates and forecasts, 2018 - 2030
Fig. 32 Database security market estimates and forecasts, 2018 - 2030
Fig. 33 Network security market estimates and forecasts, 2018 - 2030
Fig. 34 Application security market estimates and forecasts, 2018 - 2030
Fig. 35 Global quantum cryptography market: Regional movement analysis
Fig. 36 Global quantum cryptography market: Regional outlook and key takeaways
Fig. 37 North America quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 38 U.S quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 39 Canada quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 40 Europe quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 41 UK quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 42 Germany quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 43 France quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 44 Italy quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 45 Asia Pacific quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 46 China quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 47 Japan quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 48 India quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 49 South Korea quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 50 Australia quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 51 Latin America quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 52 Brazil quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 53 Mexico quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 54 Argentina quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 55 Middle East and Africa quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 56 South Africa quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 57 Saudi Arabia quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 58 UAE quantum cryptography market estimates and forecasts, 2018 - 2030
Fig. 59 Key Company Categorization
Fig. 60 Company Market Positioning
Fig. 61 Strategic Framework


More Publications