Quantum Cryptography Market to 2027 - Global Analysis and Forecasts By Offering (Solutions and Services); Application (Network Security, Application Security, and Database Security), by End-user (IT & Telecommunication, BFSI, Government & Defense, Healthcare, and Others)
- THE3276267
- 158 Pages
- September 2019
- ICT & Media
The governments of different countries across the globe as well as various private organizations are significantly investing in cybersecurity. This is majorly attributed to secure critical data from unauthorized individuals while transferring. The enhanced security solutions offered by the market players including Quantum Key Distribution (QKD), virtual encryptor, quantum cryptography communication device and Quantum Random Number Generator (QRNG) among others facilitate in strongly encrypting critical data. This factor is attracting several governments and industries to invest in such advanced technology. Thus, the rising investment towards cybersecurity solutions is a key catalyzer for quantum cryptography market.
The spending on quantum cryptography is growing in both developed and developing regions such as North America, Europe, and the Asia Pacific. The demand for quantum cryptography is expected to grow further during the forecast period of 2019 to 2027. Rising digitization and positive economic outlook are some of the major macroeconomic factors driving the growth of the quantum cryptography market. Quantum cryptography technology is turning more into the global business, and various large players can offer quantum cryptography solutions and services worldwide. Presently on a global scale, industry verticals such as BFSI, IT & telecom, government and defense, and healthcare are the major contributors in quantum cryptography spending.
The global quantum cryptography market is segmented based on offering, application, end user, and geography. Based on the offering, the quantum cryptography market is bifurcated into solutions and services. Based on application, the quantum cryptography market is categorized into the network security, application security, database security. Based on end user, the quantum cryptography market is segmented into IT & telecommunication, BFSI, government & defense, healthcare, others. Geographically, the quantum cryptography market is categorized into four regions, including North America, Europe, Asia-Pacific, and Rest of World.
The key companies operating in the quantum cryptography market include ID Quantique, Infineon Technologies, Magiq Technologies, IBM, NuCrypt, Anhui Qasky Quantum Technology Co. Ltd., Qubitekk, Quintessence Labs, Qutools GmbH, and Toshiba Corporation, among others. Several other players are also operating in the field, and are contributing substantial revenue generation in the market.
The overall global quantum cryptography market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global quantum cryptography market. It also provides an overview and forecast for the quantum cryptography market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the quantum cryptography market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Quantum Cryptography Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 North America- PEST Analysis
4.3.2 Europe- PEST Analysis
4.3.3 Asia-Pacific- PEST Analysis
4.3.4 Rest of World- PEST Analysis
5. Quantum Cryptography Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Investment in Cybersecurity
5.1.2 High Inclination Towards the Adoption of Next-Generation Wireless Network Technologies
5.2 Key Market Restraints
5.2.1 Sluggish Commercialization and High Implementation Cost of Quantum Cryptography
5.3 Key Market Opportunities
5.3.1 Increasing Adoption and Investments in Encryption Technologies in Developing Countries
5.4 Future Trends
5.4.1 Growing Preferences and Adoption of IoT and Cloud Technologies, will Positively Impact the Market
5.5 Impact Analysis of Drivers and Restraints
6. Quantum Cryptography Market – Global Market Analysis
6.1 Global Quantum Cryptography Market Overview
6.2 Global Quantum Cryptography Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Quantum Cryptography Market – By Offering
7.1 Overview
7.2 Global Quantum Cryptography Market Breakdown, By Offering, 2018 & 2027
7.3 Solution
7.3.1 Overview
7.3.2 Global Solution Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Global Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. Quantum Cryptography Market Analysis – By Application
8.1 Overview
8.2 Global Quantum Cryptography Breakdown, By Application, 2018 & 2027
8.3 Network Security
8.3.1 Overview
8.3.2 Global Network Security Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Application Security
8.4.1 Overview
8.4.2 Global Application Security Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Database Security
8.5.1 Overview
8.5.2 Global Database Security Market Revenue and Forecasts to 2027 (US$ Mn)
9. Quantum Cryptography Market Analysis – By End User
9.1 Overview
9.2 Global Quantum Cryptography Market Breakdown, By End User, 2018 & 2027
9.3 BFSI
9.3.1 Overview
9.3.2 Global BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Healthcare
9.4.1 Overview
9.4.2 Global Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Government & Military
9.5.1 Overview
9.5.2 Global Government & Military Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 Global IT & Telecommunication Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Global Quantum Cryptography Market – Geographic Analysis
10.1 Overview
10.2 North America Quantum cryptography Market Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Quantum cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Quantum cryptography Market Breakdown, By Offering
10.2.4 North America Quantum cryptography Market Breakdown, By Application
10.2.5 North America Quantum cryptography Market Breakdown, By End-User
10.2.6 North America Quantum cryptography Market Breakdown, By Country
10.2.6.1 US Quantum Cryptography Market Revenue and Forecast to 2027 (Us$ Mn)
10.2.6.1.1 US Quantum Cryptography Market Breakdown, By Offering
10.2.6.1.2 US Quantum Cryptography Market Breakdown, By Application
10.2.6.1.3 US Quantum Cryptography Market Breakdown, By End-User
10.2.6.2 Canada Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.6.2.1 Canada Quantum Cryptography Market Breakdown, By Offering
10.2.6.2.2 Canada Quantum Cryptography Market Breakdown, By Application
10.2.6.2.3 Canada Quantum Cryptography Market Breakdown, By End-User
10.2.6.3 Mexico Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.2.6.3.1 Mexico Quantum Cryptography Market Breakdown, By Offering
10.2.6.3.2 Mexico Quantum Cryptography Market Breakdown, By Application
10.2.6.3.3 Mexico Quantum Cryptography Market Breakdown, By End-User
10.3 Europe Quantum Cryptography Market Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Quantum Cryptography Market Breakdown, By Offerings
10.3.4 Europe Quantum Cryptography Market Breakdown, By Application
10.3.5 Europe Quantum Cryptography Market Breakdown, By End-User
10.3.6 Europe Quantum Cryptography Market Breakdown, By Country
10.3.6.1 Germany Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.1.1 Germany Quantum Cryptography Market Breakdown, By Offerings
10.3.6.1.2 Germany Quantum Cryptography Market Breakdown, By Application
10.3.6.1.3 Germany Quantum Cryptography Market Breakdown, By End-User
10.3.6.2 UK Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.2.1 UK Quantum Cryptography Market Breakdown, By Offerings
10.3.6.2.2 UK Quantum Cryptography Market Breakdown, By Application
10.3.6.2.3 UK Quantum Cryptography Market Breakdown, By End-User
10.3.6.3 France Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.3.1 France Quantum Cryptography Market Breakdown, By Offerings
10.3.6.3.2 France Quantum Cryptography Market Breakdown, By Application
10.3.6.3.3 France Quantum Cryptography Market Breakdown, By End-User
10.3.6.4 Italy Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.4.1 Italy Quantum Cryptography Market Breakdown, By Offerings
10.3.6.4.2 Italy Quantum Cryptography Market Breakdown, By Application
10.3.6.4.3 Italy Quantum Cryptography Market Breakdown, By End-User
10.3.6.5 Russia Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.5.1 Russia Quantum Cryptography Market Breakdown, By Offerings
10.3.6.5.2 Russia Quantum Cryptography Market Breakdown, By Application
10.3.6.5.3 Russia Quantum Cryptography Market Breakdown, By End-User
10.3.6.6 Rest of Europe Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.3.6.6.1 Rest of Europe Quantum Cryptography Market Breakdown, By Offerings
10.3.6.6.2 Rest of Europe Quantum Cryptography Market Breakdown, By Application
10.3.6.6.3 Rest of Europe Quantum Cryptography Market Breakdown, By End-User
10.4 Asia-Pacific (APAC) Quantum Cryptography Market Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 APAC Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.3 APAC Quantum Cryptography Market Breakdown, By Offering
10.4.4 APAC Quantum Cryptography Market Breakdown, By Application
10.4.5 APAC Quantum Cryptography Market Breakdown, By End User
10.4.6 APAC Quantum Cryptography Market Breakdown, By Country
10.4.6.1 China Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.1.1 China Quantum Cryptography Market Breakdown, By Offering
10.4.6.1.2 China Quantum Cryptography Market Breakdown, By Application
10.4.6.1.3 China Quantum Cryptography Market Breakdown, By End User
10.4.6.2 Japan Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.2.1 Japan Quantum Cryptography Market Breakdown, By Offering
10.4.6.2.2 Japan Quantum Cryptography Market Breakdown, By Application
10.4.6.2.3 Japan Quantum Cryptography Market Breakdown, By End User
10.4.6.3 India Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.3.1 India Quantum Cryptography Market Breakdown, By Offering
10.4.6.3.2 India Quantum Cryptography Market Breakdown, By Application
10.4.6.3.3 India Quantum Cryptography Market Breakdown, By End User
10.4.6.4 South Korea Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.4.1 South Korea Quantum Cryptography Market Breakdown, By Offering
10.4.6.4.2 South Korea Quantum Cryptography Market Breakdown, By Application
10.4.6.4.3 South Korea Quantum Cryptography Market Breakdown, By End User
10.4.6.5 Australia Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.5.1 Australia Quantum Cryptography Market Breakdown, By Offering
10.4.6.5.2 Australia Quantum Cryptography Market Breakdown, By Application
10.4.6.5.3 Australia Quantum Cryptography Market Breakdown, By End User
10.4.6.6 Rest of APAC Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.4.6.6.1 Rest of APAC Quantum Cryptography Market Breakdown, By Offering
10.4.6.6.2 Rest of APAC Quantum Cryptography Market Breakdown, By Application
10.4.6.6.3 Rest of APAC Quantum Cryptography Market Breakdown, By End User
10.5 Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.5.3 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Offering
10.5.4 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Application
10.5.5 Rest of World (RoW) Quantum Cryptography Market Breakdown, By End User
10.5.6 Rest of World (RoW) Quantum Cryptography Market Breakdown, By Region
10.5.6.1 Middle East & Africa (MEA) Quantum Cryptography Market Revenue and Forecast to 2027 (US$ Mn)
10.5.6.1.1 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By Offering
10.5.6.1.2 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By Application
10.5.6.1.3 Middle East & Africa (MEA) Quantum Cryptography Market Breakdown, By End User
10.5.6.2 South America (SAM) Market Revenue and Forecast to 2027 (US$ Mn)
10.5.6.2.1 South America (SAM) Quantum Cryptography Market Breakdown, By Offering
10.5.6.2.2 South America (SAM) Quantum Cryptography Market Breakdown, By Application
10.5.6.2.3 South America (SAM) Quantum Cryptography Market Breakdown, By End User
11. Quantum Cryptography Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ID Quantique SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MagiQ Technologies, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 NuCrypt LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Anhui Qasky Quantum Technology Co. Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Qubitekk
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 QuintessenceLabs
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 qutools GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Toshiba Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Product and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 IBM Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Infineon Technologies AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Product & Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
Table 1. Global Quantum Cryptography Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Global Quantum Cryptography Market Revenue and Forecast to 2027, By Geography (US$ Mn)
Table 3. North America Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 4. North America Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 5. North America Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 6. North America Quantum Cryptography Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 7. US Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 8. US Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 9. US Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 10. Canada Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 11. Canada Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 12. Canada Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 13. Mexico Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 14. Mexico Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 15. Mexico Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 16. Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 17. Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 18. Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 19. Germany Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 20. Germany Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 21. Germany Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 22. UK Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 23. UK Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 24. UK Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 25. France Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 26. France Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 27. France Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 28. Italy Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 29. Italy Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 30. Italy Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 31. Russia Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 32. Russia Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 33. Russia Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 34. Rest of Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By Offerings (US$ Mn)
Table 35. Rest of Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 36. Rest of Europe Quantum Cryptography Market Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 37. APAC Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 38. APAC Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 39. APAC Quantum Cryptography Market Breakdown, By End User, 2018 & 2027 (%)
Table 40. China Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 41. China Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 42. China Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 43. Japan Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 44. Japan Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 45. Japan Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 46. India Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 47. India Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 48. India Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 49. South Korea Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 50. South Korea Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 51. South Korea Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 52. Australia Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 53. Australia Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 54. Australia Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 55. Rest of APAC Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 56. Rest of APAC Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 57. Rest of APAC Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 58. Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 59. Rest of World (RoW) Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 60. Rest of World (RoW) Quantum Cryptography Market Breakdown, By End User, 2018 & 2027 (%)
Table 61. Middle East & Africa (MEA) Quantum Cryptography Market Revenue And Forecast To 2027 – By Offering (US$ Mn)
Table 62. Middle East & Africa (MEA) Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 63. Middle East & Africa (MEA) Quantum Cryptography Market Revenue And Forecast To 2027 – By End User (US$ Mn)
Table 64. South America (SAM) Quantum Cryptography Market Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 65. South America (SAM) Quantum Cryptography Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 66. South America (SAM) Quantum Cryptography Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 67. Glossary of Term: Quantum Cryptography Market
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