Global Market for Quantum Cryptography

Publish Date: May 2019 | Category: Electronics & Semiconductor | Publisher: BCC Research | Status: Publish

The global quantum cryptography market should reach $1.3 billion by 2024 from $347.2 million in 2019, with a compound annual growth rate (CAGR) of 30.7% during the forecast period 2019-2024.

Report Scope:

The scope of this report is broad and covers global markets of quantum cryptography, which is used globally in various types of applications. The market is segmented by deployment protocol, algorithm type, component, application, end-user vertical, and by region. Revenue forecasts from 2019 to 2024 are presented for each deployment protocol, algorithm type, component, application, end-user vertical, and regional market.

The report also discusses the major players in each of the regional markets for quantum cryptography. It explains the major market drivers of the global market of quantum cryptography, the current trends within the industry, and the regional dynamics of the quantum cryptography market. The report concludes with a special focus on the vendor landscape. It includes detailed profiles of the major global vendors in the quantum cryptography industry.

Report Includes:

- 86 tables
- An overview of the global market for quantum cryptography
- Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Assays the role of quantum cryptography to help secure private messages and communication of confidential information across different verticals
- Information on underlying technologies driving the industry's growth along with primary factors – current trends, regulatory updates, and other macro-economic factors – that can influence the market
- Insights into initiatives taken by government and institutions around the world to build quantum computers that can break down non quantum-based cryptography
- Snapshot of technological advancements in next-generation wireless network technologies
- Detailed profiles of key companies in the global quantum cryptography market, including Crypta Labs Ltd., Hewlett-Packard, IBM, Infineon Technologies AG, Microsoft Corp., Quintessence Labs Pty Ltd., and Toshiba Corp.

Summary

Quantum cryptography uses quantum mechanical properties to complete cryptographic tasks. The Quantum Key Distribution (QKD) technology in quantum cryptography is based on Heisenberg’s uncertainty principle. Therefore, an unauthorized third party’s attempt to intercept the secret keys used for encryption will produce an irreversible change in the quantum states before they are retransmitted to the intended destination. This will cause an abnormally high error rate in the transmissions between the sender and intended recipient, alerting the recipient of the unauthorized third party’s attempt to intercept the keys. Quantum cryptography is used across industries such as government and defense,
banking and financial services, IT and telecommunications, and retail, among others.

The increasing number of cyberattacks, along with the pressing need to secure data and cybersecurity funding should drive the growth in the global market of quantum cryptography. Governments and institutions around the world are directing financial resources toward build quantum computers that can instantly break non-quantum-based cryptography. This also has created an increased interest in quantum cryptography as many companies are seeking to install quantum cryptographic systems to protect their data. The IT and telecommunication sector should be the largest contributor to the global market of quantum cryptography because enterprises in this segment continuously generate big data.
Protection from cyberattacks is vital.

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Intended Audience
Recent Developments
Scope of the Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background
Quantum Cryptography Market, by Deployment Protocol
SSL/TLS protocol
BB84 Protocol
Quantum Cryptography Market, by Algorithm Type
Symmetric Key
Asymmetric Key
Quantum Cryptography Market, by Component
Solutions
Services
Quantum Cryptography Market, by Application
Network Security
Database Encryption
Application Security
Quantum Cryptography Market, by End-User Vertical
Banking, Financial Services and Insurance
Government and Defense
Healthcare
IT and Telecommunication
Manufacturing and Retail
Others

Chapter 4 Global Market for Quantum Cryptography
Global Market for Quantum Cryptography, by Deployment Protocol
Global Market for Quantum Cryptography, by Algorithm Type
Global Market for Quantum Cryptography, by Component
Global Market for Quantum Cryptography, by Application
Global Market for Quantum Cryptography, by End-User Vertical
Global Market for Quantum Cryptography, by Region
Global Market for SSL/TLS Protocol Quantum Cryptography, by End-User Vertical
Global Market for BB84 Protocol Quantum Cryptography, by End-User Vertical
Global Market for Symmetric Key Quantum Cryptography, by End-User Vertical
Global Market for Asymmetric Key Quantum Cryptography, by End-User Vertical
Global Market for Quantum Cryptography Solutions, by End-User Vertical
Global Market for Quantum Cryptography Services, by End-User Vertical
Global Market for Quantum Cryptography Database Encryption, by End-User Vertical
Global Market for Quantum Cryptography Application Security, by End-User Vertical
Global Market for Quantum Cryptography Network Security, by End-User Vertical
North American Market for Quantum Cryptography, by End-User Vertical
European Market for Quantum Cryptography, by End-User Vertical
Asia-Pacific Market for Quantum Cryptography, by End-User Vertical
South American Market for Quantum Cryptography, by End-User Vertical
ROW Market for Quantum Cryptography, by End-User Vertical
Global Market for SSL/TLS Protocol Quantum Cryptography, by Region
Global Market for BB84 Protocol Quantum Cryptography, by Region
Global Market for Symmetric Key Quantum Cryptography, by Region
Global Market for Asymmetric Key Quantum Cryptography, by Region
Global Market for Quantum Cryptography Solutions, by Region
Global Market for Quantum Cryptography Services, by Region
Global Market for Quantum Cryptography Database in Encryption Applications, by Region
Global Market for Quantum Cryptography in Application Security, by Region
Global Market for Quantum Cryptography in Network Security Applications, by Region
Global Market for Quantum Cryptography in the Banking, Financial Services, and Insurance Sector, by Region
Global Market for Quantum Cryptography in the Government and Defense Sector, by Region
Global Market for Quantum Cryptography in the Healthcare Sector, by Region
Global Market for Quantum Cryptography in the IT and Telecommunication Sector, by Region
Global Market for Quantum Cryptography in the Manufacturing and Retail Sectors, by Region
Global Market for Quantum Cryptography in Other Sectors, by Region

Chapter 5 Global Market for Quantum Cryptography, by Region and Country
North American Market for Quantum Cryptography by Country
U.S. Market for Quantum Cryptography, by End-User Vertical
Canadian Market for Quantum Cryptography, by End-User Vertical
Mexican Market for Quantum Cryptography, by End-User Vertical
European Market for Quantum Cryptography, by Country
U.K. Market for Quantum Cryptography, by End-User Vertical
German Market for Quantum Cryptography, by End-User Vertical
Russian Market for Quantum Cryptography, by End-User Vertical
Rest of European Market for Quantum Cryptography, by End-User Vertical
Asia-Pacific Market for Quantum Cryptography, by Country
Chinese Market for Quantum Cryptography, by End-User Vertical
Indian Market for Quantum Cryptography, by End-User Vertical
Japanese Market for Quantum Cryptography, by End-User Vertical
Rest of Asia-Pacific Market for Quantum Cryptography, by End-User Vertical
South American Market for Quantum Cryptography, by Country/Region
Brazilian Market for Quantum Cryptography, by End-User Vertical
Rest of South American Market for Quantum Cryptography, by End-User Vertical
ROW Market for Quantum Cryptography, by Country/Region
Middle Eastern Market for Quantum Cryptography, by End-User Vertical
African Market for Quantum Cryptography, by End-User Vertical

Chapter 6 Market Drivers and Challenges
Market Drivers
Increasing Number of Cyberattack Incidents
Increasing Demand for Security for IoT and Cloud Technologies
Technological Advancement in Next-Generation Wireless Network Technologies
Increased Cybersecurity Funding
Challenges
Lack of Expertise
High Cost of Implementation

Chapter 7 Patent Review
Recent Patents

Chapter 8 Company Profiles
1QBIT INFORMATION TECHNOLOGIES INC.
ABB LTD.
ACCENTURE PLC
AIRBUS S.A.S.
ALIYUN COMPUTING CO., LTD.
ANHUI QASKY QUANTUM TECHNOLOGY CO., LTD.
AT&T INC.
ATOS SE
BOOZ ALLEN HAMILTON HOLDING INC.
BT GROUP PLC
CARL ZEISS AG
CRYPTA LABS LTD.
D-WAVE SYSTEMS INC.
FUJITSU LTD.
HEWLETT PACKARD ENTERPRISE CO.
HITACHI LTD.
HONEYWELL INTERNATIONAL INC.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
ID QUANTIQUES SA
IMEC
INFINEON TECHNOLOGIES AG
LOCKHEED MARTIN CORP.
MAGIQ TECHNOLOGIES INC.
MICROSOFT CORP.
NANO-META TECHNOLOGIES INC.
NEC CORP.
NIPPON TELEGRAPH AND TELEPHONE CORP.
NUCRYPT LLC
OKI ELECTRIC INDUSTRY CO., LTD.
PQ SOLUTIONS LTD.
QUANTUMCTEK CO., LTD.
QUANTUMXCHANGE INC.
QUBITEKK INC.
QUINTESSENCELABS PTY LTD.
QUTOOLS GMBH
RAYTHEON CO.
RIKEN
RIVER LANE RESEARCH
SK TELECOM CO., LTD.
TOSHIBA CORP.

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