Global Quantum Communication Market Size Study, by Solution (Quantum Detectors, Quantum Key Distribution, Quantum Random Number Generator, Quantum Safe Cryptography), QKD Transmission Type (Fiber Based, Free Space/Satellite Based), Deployment Mode, Vertical, and Regional Forecasts 2022-2032

January 2025 | 285 pages | ID: G6F89F6DCC73EN
Bizwit Research & Consulting LLP

Abstracts

The global Quantum Communication Market, valued at approximately USD 0.53 billion in 2023, is projected to expand at a staggering compound annual growth rate (CAGR) of 39.60% from 2024 to 2032. Quantum communication represents a paradigm shift in secure data transfer, leveraging the principles of quantum mechanics to provide unparalleled security and efficiency. This transformative technology, encompassing solutions like Quantum Key Distribution (QKD) and Quantum Random Number Generators (QRNG), is revolutionizing sectors such as banking, defense, and healthcare by ensuring data privacy in an increasingly interconnected digital world.

One of the pivotal drivers of this burgeoning market is the growing emphasis on cybersecurity. Quantum-safe cryptography has emerged as a game-changing solution to counter vulnerabilities posed by quantum computing advancements. Furthermore, the rise of satellite-based QKD systems has expanded the potential of secure communication beyond terrestrial limits, fostering innovations in both commercial and government sectors. As organizations pivot toward quantum-enabled infrastructure, the integration of fiber-based and satellite-based QKD solutions is accelerating, reflecting the market's commitment to seamless scalability and versatility.

The rapid proliferation of connected devices, coupled with escalating data breaches, has bolstered the demand for quantum communication solutions across diverse verticals. Investments in research and development are surging, with governments and private entities worldwide recognizing the strategic importance of quantum technology in achieving superior data security. Nevertheless, the market faces hurdles such as high initial costs, complex implementation processes, and limited expertise, which could impede its growth trajectory during the forecast period.

Regionally, North America dominates the Quantum Communication Market, buoyed by robust investments in quantum research, a thriving technology ecosystem, and government-backed initiatives aimed at fostering innovation. Europe closely follows, driven by stringent data privacy regulations and cross-border collaborative projects. Meanwhile, the Asia Pacific region is expected to witness the fastest growth rate, propelled by significant government funding, increasing industrial digitization, and the region's growing prominence as a hub for technological advancements in quantum science.

Major market players included in this report are:

• Toshiba Corporation
• ID Quantique
• QuantumCTek Co., Ltd.
• MagiQ Technologies, Inc.
• QuintessenceLabs
• Aliro Quantum
• Qubitekk, Inc.
• Crypta Labs Ltd.
• Post-Quantum
• Nokia Corporation
• ISARA Corporation
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Quantum Xchange
• Microsoft Corporation

The detailed segments and sub-segment of the market are explained below:

By Solution:

• Quantum Detectors
• Quantum Key Distribution (QKD)
• Quantum Random Number Generator (QRNG)
• Quantum Safe Cryptography

By QKD Transmission Type:

• Fiber Based
• Free Space/Satellite Based

By Deployment Mode:

• On-Premise
• Cloud-Based

By Vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Defense and Government
• Healthcare
• Telecom and IT
• Others

By Region:

North America:

• U.S.
• Canada

Europe:

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:

• Historical year: 2022
• Base year: 2023
• Forecast period: 2024 to 2032

Key Takeaways:

• Market Estimates & Forecasts for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level data.
• Competitive landscape featuring major market players and their strategies.
• Insights into demand-side and supply-side market dynamics.
• Strategic recommendations to capitalize on emerging market opportunities.

Contents

Table of Content

CHAPTER 1. GLOBAL QUANTUM COMMUNICATION MARKET EXECUTIVE SUMMARY

1.1. Global Quantum Communication Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Solution
  1.3.2. By QKD Transmission Type
  1.3.3. By Deployment Mode
  1.3.4. By Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL QUANTUM COMMUNICATION MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL QUANTUM COMMUNICATION MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Emphasis on Cybersecurity
  3.1.2. Increasing Data Breaches and Connected Devices
  3.1.3. Government Investments in Quantum Technology
3.2. Market Challenges
  3.2.1. High Implementation Costs
  3.2.2. Limited Expertise and Complex Integration
3.3. Market Opportunities
  3.3.1. Expanding Satellite-Based Communication Systems
  3.3.2. Rapid Technological Advancements in Quantum Computing
  3.3.3. Strategic Collaborations for R&D

CHAPTER 4. GLOBAL QUANTUM COMMUNICATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL QUANTUM COMMUNICATION MARKET SIZE & FORECASTS BY SOLUTION 2022-2032

5.1. Segment Dashboard
5.2. Global Quantum Communication Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Quantum Detectors
  5.2.2. Quantum Key Distribution (QKD)
  5.2.3. Quantum Random Number Generator (QRNG)
  5.2.4. Quantum Safe Cryptography

CHAPTER 6. GLOBAL QUANTUM COMMUNICATION MARKET SIZE & FORECASTS BY QKD TRANSMISSION TYPE 2022-2032

6.1. Segment Dashboard
6.2. Global Quantum Communication Market: QKD Transmission Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Fiber Based
  6.2.2. Free Space/Satellite Based

CHAPTER 7. GLOBAL QUANTUM COMMUNICATION MARKET SIZE & FORECASTS BY DEPLOYMENT MODE 2022-2032

7.1. Segment Dashboard
7.2. Global Quantum Communication Market: Deployment Mode Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. On-Premise
  7.2.2. Cloud-Based

CHAPTER 8. GLOBAL QUANTUM COMMUNICATION MARKET SIZE & FORECASTS BY VERTICAL 2022-2032

8.1. Segment Dashboard
8.2. Global Quantum Communication Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Banking, Financial Services, and Insurance (BFSI)
  8.2.2. Defense and Government
  8.2.3. Healthcare
  8.2.4. Telecom and IT
  8.2.5. Others

CHAPTER 9. GLOBAL QUANTUM COMMUNICATION MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America Quantum Communication Market
  9.1.1. U.S. Quantum Communication Market
    9.1.1.1. Solution Breakdown Size & Forecasts, 2022-2032
    9.1.1.2. QKD Transmission Type Breakdown Size & Forecasts, 2022-2032
  9.1.2. Canada Quantum Communication Market
9.2. Europe Quantum Communication Market
  9.2.1. UK Quantum Communication Market
  9.2.2. Germany Quantum Communication Market
  9.2.3. France Quantum Communication Market
  9.2.4. Spain Quantum Communication Market
  9.2.5. Italy Quantum Communication Market
  9.2.6. Rest of Europe Quantum Communication Market
9.3. Asia Pacific Quantum Communication Market
  9.3.1. China Quantum Communication Market
  9.3.2. India Quantum Communication Market
  9.3.3. Japan Quantum Communication Market
  9.3.4. Australia Quantum Communication Market
  9.3.5. South Korea Quantum Communication Market
  9.3.6. Rest of Asia Pacific Quantum Communication Market
9.4. Latin America Quantum Communication Market
  9.4.1. Brazil Quantum Communication Market
  9.4.2. Mexico Quantum Communication Market
  9.4.3. Rest of Latin America Quantum Communication Market
9.5. Middle East & Africa Quantum Communication Market
  9.5.1. Saudi Arabia Quantum Communication Market
  9.5.2. South Africa Quantum Communication Market
  9.5.3. Rest of Middle East & Africa Quantum Communication Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Toshiba Corporation
  10.1.2. ID Quantique
  10.1.3. QuantumCTek Co., Ltd.
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Toshiba Corporation
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. MagiQ Technologies, Inc.
  10.3.3. QuintessenceLabs
  10.3.4. Aliro Quantum
  10.3.5. Qubitekk, Inc.
  10.3.6. Crypta Labs Ltd.
  10.3.7. Post-Quantum
  10.3.8. Nokia Corporation
  10.3.9. ISARA Corporation
  10.3.10. Huawei Technologies Co., Ltd.
  10.3.11. IBM Corporation
  10.3.12. Quantum Xchange
  10.3.13. Microsoft Corporation

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
________________________________________

List Of Tables

LIST OF TABLES

TABLE 1. Global Quantum Communication Market, Report Scope
TABLE 2. Global Quantum Communication Market Estimates & Forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Quantum Communication Market Estimates & Forecasts by Solution 2022-2032 (USD Billion)
TABLE 4. Global Quantum Communication Market Estimates & Forecasts by QKD Transmission Type 2022-2032 (USD Billion)
TABLE 5. Global Quantum Communication Market Estimates & Forecasts by Deployment Mode 2022-2032 (USD Billion)
TABLE 6. Global Quantum Communication Market Estimates & Forecasts by Vertical 2022-2032 (USD Billion)
TABLE 7. U.S. Quantum Communication Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 8. Germany Quantum Communication Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 9. China Quantum Communication Market Estimates & Forecasts, 2022-2032 (USD Billion)

List Of Figures

LIST OF FIGURES

FIG 1. Global Quantum Communication Market, Research Methodology
FIG 2. Global Quantum Communication Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Quantum Communication Market, Key Trends 2023
FIG 5. Global Quantum Communication Market, Growth Prospects 2022-2032
FIG 6. Global Quantum Communication Market, Porter’s 5 Force Model
FIG 7. Global Quantum Communication Market, PESTEL Analysis
FIG 8. Global Quantum Communication Market, Value Chain Analysis
FIG 9. Global Quantum Communication Market by Region, 2022 & 2032 (USD Billion)
FIG 10. North America Quantum Communication Market, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific Quantum Communication Market, 2022 & 2032 (USD Billion)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.