Quantum Cryptography Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The market size of quantum cryptography is estimated at 2021 to $8900 million, and by 2028 it is projected to reach $19.1 billion at a CAGR of 19%.Quantum cryptography is precisely defined as a technique that uses photons to generate a cryptographic key and then transmits it to a receiver using an appropriate communication channel. Quantum Cryptography was discovered at Columbia University in the 1970s. The encryption key plays the most important role in encryption. Used to encrypt/decrypt data. Quantum cryptography allows users to communicate using more secure methods than existing technologies.

 

Company Profile

• ID Quantique SA
• MagiQ Technologies, Inc.
• NuCrypt LLC
• Anhui Qasky Quantum Technology Co. Ltd.
• Qubitekk
• QuintessenceLabs
• qutools GmbH

 

Market Segmentation

By security type:

• Network security
• Application security

By vertical:

• Government and defense
• BFSI
• Retail
• Healthcare
• Automotive

By services:

• Consulting and advisory
• Deployment and integration

 

Scope of the Report

The research study analyzes the Quantum Cryptography Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Quantum Cryptography Market Report

 

1. What was the Quantum Cryptography Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Quantum Cryptography Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Quantum Cryptography Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.