Quantum Cryptography Market by Component (Hardware and Services), Application (Network Security, Database Encryption, Application Security), Organization Size, Vertical and Region - Global Forecast to 2022

Publisher Name :
Date: 09-Nov-2017
No. of pages: 115
Inquire Before Buying

“Quantum cryptography market projected to grow at a CAGR of 27.0% during the forecast period”

The global quantum cryptography market size is expected to grow from USD 285.7 million in 2017 to USD 943.7 million by 2022, at a CAGR of 27.0%. With the growing incident of cyber-attacks, increasing data security and privacy concerns, rising adoption of cloud storage and computing technologies, and evolving next generation wireless networks is expected to be the major driver for enterprises, since the solution uses quantum properties of light that prevent the interception of messages, as well as standard computational procedures, which are designed to fight quantum attacks evolving due to an increase in the practices of quantum computation. Major challenging factor such as, low customer awareness about quantum cryptography, and lack of skill and expertise are hampering the growth of the market. The quantum cryptography market is witnessing a steady growth with increasing security threats, lacks of the ability to mitigate and respond to such attacks, and due to the low customer awareness about quantum cryptography.

“The network security application segment is expected to grow with the highest GAGR in the quantum cryptography market during the forecast period”

With the increasing need of wireless communication and remote access security, quantum cryptography application provides protection on the usability and integrity of the network and data. The ongoing enhancements in the internet technology is continuously increasing and the advent of modern computers to support more and more remote computation has led to the increase in the requirement of network security for the secure transmission of data.

“North America is expected to have the largest market size, and Asia Pacific (APAC) is projected to grow at the highest rate during the forecast period”

North America is expected to hold the largest market share in the quantum cryptography market during the forecast period. With the rise in cyber-attacks due to the increasing adoption of encryption-based applications, and early adoption of BYOD, are driving the organizations in North America to adopt quantum cryptography solutions. Furthermore, the awareness for focusing on securing the applications, database, and networks is increasing in the business. These developments are boosting the adoption of quantum cryptography solutions in the North American region. Moreover, the region is highly exposed to fraud and privacy threats, money laundering, which confirms the need to adopt strong security solutions for the region.

The APAC market is expected to witness significant growth and is projected to be the fastest-growing region in the quantum cryptography market. APAC has witnessed fastest growing markets in terms of advanced and dynamic adoption of new technologies and has always been a lucrative market. Major factors such as increasing internet usage, compliance regulation, and mobile usage are driving the adoption of quantum cryptography solutions. Furthermore, with huge investment flowing in the economy, SMEs of the regions are adopting major quantum cryptography solution on their premises.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of the profiles of the primary participants is as follows:


  • By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%

  • By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%

  • By Region: North America – 57%, Europe – 14%, and APAC – 29%


The quantum cryptography market includes various major vendors such as ID Quantique (Switzerland), MagiQ Technologies (US), Nucrypt (US), Infineon Technologies (Germany), Qutools (Germany), Quintenssence Labs (Australia), Crypta Labs (UK), PQ Solutions (UK), and Qubitekk (US)

Research Coverage:

The report includes an in-depth competitive analysis of the key players in the quantum cryptography market along with their company profiles, recent developments, and key market strategies. The report segments the quantum cryptography market component (hardware and services), application, organization size, vertical, and region.

Reasons to Buy the Report:

The quantum cryptography market has been segmented on the basis of component (hardware and services), application, organization size, vertical, and region.

The report will help the market leaders/new entrants in the quantum cryptography market in the following ways:


  • The overall quantum cryptography market revenue stream has been estimated based on the revenues generated by vendors, offering quantum cryptography through deployment and integration, support and maintenance, and consulting services, offered by professional service providers, including Managed Service Providers (MSPs). The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.

  • The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

  • The report will help the stakeholders to understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

Quantum Cryptography Market by Component (Hardware and Services), Application (Network Security, Database Encryption, Application Security), Organization Size, Vertical and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Quantum Cryptography Market
4.2 Market By Application, 2017
4.3 Market By Service, 2017
4.4 Market By Organization Size, 2017
4.5 Market Shares of Top 3 Verticals and Regions, 2017
4.6 Market Investment Scenario (2017–2022)

5 Quantum Cryptography Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Incidents of Cyber-Attacks
5.2.1.2 Increasing Data Security and Privacy Concerns
5.2.1.3 Rising Adoption Rate of Cloud Storage and Computing Technologies
5.2.1.4 Evolving Next-Generation Wireless Network Technologies
5.2.2 Opportunities
5.2.2.1 Spur in the Demand for Security Solutions Across Verticals
5.2.2.2 Increasing Need for Integration Solutions
5.2.3 Challenges
5.2.3.1 Low Customer Awareness About Quantum Cryptography
5.2.3.2 Lack of Skills and Expertise
5.3 Use Cases
5.3.1 Encryption and Authentication of Endpoint Devices
5.3.2 Network Infrastructure Encryption
5.3.3 Scada Systems
5.3.4 Ultra-Secure Voting
5.3.5 Smarter Power Grids

6 Quantum Cryptography Market Analysis, By Component
6.1 Introduction
6.2 Hardware
6.3 Services

7 Quantum Cryptography Market Analysis, By Hardware
7.1 Introduction
7.2 Server
7.3 Blade
7.4 Research and Development Platform
7.5 Random Number Generator

8 Quantum Cryptography Market Analysis, By Service
8.1 Introduction
8.2 Consulting Services
8.3 Deployment and Integration Services
8.4 Support and Maintenance Services

9 Quantum Cryptography Market Analysis, By Organization Size
9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium-Sized Enterprises

10 Quantum Cryptography Market Analysis, By Application
10.1 Introduction
10.2 Network Security
10.3 Database Encryption
10.4 Application Security
10.5 Others

11 Quantum Cryptography Market Analysis, By Vertical
11.1 Introduction
11.2 IT and Telecom
11.3 Government and Defense
11.4 Consumer Goods and Retail
11.5 Healthcare and Life Sciences
11.6 Banking, Financial Services, and Insurance
11.7 Others

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America

13 Competitive Landscape
13.1 Market Ranking, By Key Player

14 Company Profiles
14.1 Id Quantique
(Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments)*
14.2 Magiq Technologies
14.3 Quintessencelabs
14.4 Nucrypt
14.5 Qutools
14.6 Qasky
14.7 Crypta Labs
14.8 Qubitekk
14.9 PQ Solutions
14.10 Infineon

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14.11 Research Companies
14.11.1 Mitsubishi
14.11.2 IBM
14.11.3 HP
14.11.4 NEC Corporation
14.11.5 Toshiba

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

List of Tables

Table 1 USD Exchange Rate, 2014–2016
Table 2 Quantum Cryptography Market, 2017–2022 (USD Million)
Table 3 Market Size By Component, 2017–2022 (USD Million)
Table 4 Hardware: Market Size, By Region, 2017–2022 (USD Million)
Table 5 Services: Market Size, By Region, 2017–2022 (USD Million)
Table 6 Quantum Cryptography Market Size, By Hardware, 2017–2022 (USD Million)
Table 7 Server: Market Size, By Region, 2017–2022 (USD Million)
Table 8 Blade: Market Size, By Region, 2017–2022 (USD Million)
Table 9 Research and Development Platform: Market Size, By Region, 2017–2022 (USD Million)
Table 10 Random Number Generator: Market Size, By Region, 2017–2022 (USD Million)
Table 11 Quantum Cryptography Market Size, By Service, 2017–2022 (USD Million)
Table 12 Consulting Services: Market Size, By Region, 2017–2022 (USD Million)
Table 13 Deployment and Integration Services: Market Size, By Region, 2017–2022 (USD Million)
Table 14 Support and Maintenance Services: Market Size, By Region, 2017–2022 (USD Million)
Table 15 Quantum Cryptography Market Size, By Organization Size, 2017–2022 (USD Million)
Table 16 Large Enterprises: Market Size, By Region, 2017–2022 (USD Million)
Table 17 Small and Medium-Sized Enterprises: Market Size, By Region, 2017–2022 (USD Million)
Table 18 Quantum Cryptography Market Size, By Application, 2017–2022 (USD Million)
Table 19 Network Security: Market Size, By Region, 2017–2022 (USD Million)
Table 20 Database Encryption: Market Size, By Region, 2017–2022 (USD Million)
Table 21 Application Security: Market Size, By Region, 2017–2022 (USD Million)
Table 22 Others: Market Size, By Region, 2017–2022 (USD Million)
Table 23 Quantum Cryptography Market Size, By Vertical, 2017–2022 (USD Million)
Table 24 IT and Telecom: Market Size, By Region, 2017–2022 (USD Million)
Table 25 Government and Defense: Market Size, By Region, 2017–2022 (USD Million)
Table 26 Consumer Goods and Retail: Market Size, By Region, 2017–2022 (USD Million)
Table 27 Healthcare and Life Sciences: Market Size, By Region, 2017–2022 (USD Million)
Table 28 Banking, Financial Services, and Insurance: Market Size, By Region, 2017–2022 (USD Million)
Table 29 Others: Market Size, By Region, 2017–2022 (USD Million)
Table 30 Quantum Cryptography Market Size, By Region, 2017–2022 (USD Million)
Table 31 North America: Market Size, By Country, 2017–2022 (USD Million)
Table 32 North America: Market Size, By Component, 2017–2022 (USD Million)
Table 33 North America: Market Size, By Hardware, 2017–2022 (USD Million)
Table 34 North America: Market Size, By Service, 2017–2022 (USD Million)
Table 35 North America: Market Size, By Organization Size, 2017–2022 (USD Million)
Table 36 North America: Market Size, By Application, 2017–2022 (USD Million)
Table 37 North America: Market Size, By Vertical, 2017–2022 (USD Million)
Table 38 Europe: Quantum Cryptography Market Size, By Country, 2017–2022 (USD Million)
Table 39 Europe: Market Size, By Component, 2017–2022 (USD Million)
Table 40 Europe: Market Size, By Hardware, 2017–2022 (USD Million)
Table 41 Europe: Market Size, By Service, 2017–2022 (USD Million)
Table 42 Europe: Market Size, By Organization Size, 2017–2022 (USD Million)
Table 43 Europe: Market Size, By Application, 2017–2022 (USD Million)
Table 44 Europe: Market Size, By Vertical, 2017–2022 (USD Million)
Table 45 Asia Pacific: Quantum Cryptography Market Size, By Component, 2017–2022 (USD Million)
Table 46 Asia Pacific: Market Size, By Hardware, 2017–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Service, 2017–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Organization Size, 2017–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Application, 2017–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Vertical, 2017–2022 (USD Million)
Table 51 Middle East and Africa: Quantum Cryptography Market Size, By Component, 2017–2022 (USD Million)
Table 52 Middle East and Africa: Market Size, By Hardware, 2017–2022 (USD Million)
Table 53 Middle East and Africa: Market Size, By Service, 2017–2022 (USD Million)
Table 54 Middle East and Africa: Market Size, By Organization Size, 2017–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Application, 2017–2022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Vertical, 2017–2022 (USD Million)
Table 57 Latin America: Quantum Cryptography Market Size, By Component, 2017–2022 (USD Million)
Table 58 Latin America: Market Size, By Hardware, 2017–2022 (USD Million)
Table 59 Latin America: Market Size, By Service, 2017–2022 (USD Million)
Table 60 Latin America: Market Size, By Organization Size, 2017–2022 (USD Million)
Table 61 Latin America: Market Size, By Application, 2017–2022 (USD Million)
Table 62 Latin America: Market Size, By Vertical, 2017–2022 (USD Million)
Table 63 Market Ranking of Top Players in the Market 2017

List of Figures

Figure 1 Quantum Cryptography Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Quantum Cryptography Market: Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Quantum Cryptography Market Size, By Region
Figure 8 Market Size, By Hardware, 2017–2022 (USD Million)
Figure 9 Top 3 Segments for the Market, 2017
Figure 10 Growing Incidents of Cyber-Attacks and Increasing Need for Data Security are Expected to Drive the Quantum Cryptography Market Growth During the Forecast Period
Figure 11 Network Security Application is Estimated to Have the Largest Market Share in the Market in 2017
Figure 12 Consulting Services Segment is Estimated to Have the Largest Market Share in the Market in 2017
Figure 13 Large Enterprises Segment is Estimated to Hold the Larger Market Share in the Market in 2017
Figure 14 IT and Telecom Vertical, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 15 Asia Pacific is Expected to Emerge as the Best Market for Investments Over the Next 5 Years
Figure 16 Quantum Cryptography Market: Drivers, Opportunities, and Challenges
Figure 17 Hardware Segment is Expected to Dominate the Quantum Cryptography Market During the Forecast Period
Figure 18 North America is Expected to Have the Largest Market Size in the Hardware Segment During the Forecast Period
Figure 19 Quantum Cryptography Server Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 20 Deployment and Integration Services Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 21 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 22 Large Enterprises Segment is Expected to Have the Larger Market Size During the Forecast Period
Figure 23 North America is Expected to Dominate the Large Enterprises Segment in the Quantum Cryptography Market During the Forecast Period
Figure 24 Network Security Application is Expected to Have the Largest Market Size During the Forecast Period
Figure 25 IT and Telecom Vertical is Estimated to Have the Largest Market Size in 2017
Figure 26 Asia Pacific is Expected to Exhibit the Highest CAGR in the Quantum Cryptography Market During the Forecast Period
Figure 27 Asia Pacific: an Attractive Destination in the Quantum Cryptography Market (2017–2022)
Figure 28 North America: Market Snapshot
Figure 29 Asia Pacific: Market Snapshot
Figure 30 Infineon: Company Snapshot
Figure 31 Mitsubishi Electric: Company Snapshot
Figure 32 IBM: Company Snapshot
Figure 33 HP: Company Snapshot
Figure 34 NEC Corporation: Company Snapshot
Figure 35 Toshiba: Company Snapshot

  • Global Parking Management Solution Market Size, Status and Forecast 2022
    Published: 20-Nov-2017        Price: US 3300 Onwards        Pages: 107
    This report studies the global Parking Management Solution market, analyzes and researches the Parking Management Solution development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like - Parkeon S.A.S. - Parking BOXX - IPS Group, Inc. - METRIC Group Ltd. - Ventek International - Worldwide Parking, Inc. - J.J.MacKay Canada Ltd. - CivicSmart, Inc.......
  • Global Convenience Store Software Market by Manufacturers, Countries, Type and Application, Forecast to 2022
    Published: 20-Nov-2017        Price: US 3480 Onwards        Pages: 117
    This report studies the Convenience Store Software market, including Convenience Store POS Software, Inventory management software, CRM system and etc. Scope of the Report: This report focuses on the Convenience Store Software in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Market Segment by Manufacturers, th......
  • Global Marine Communication Systems Sales Market Report 2017
    Published: 17-Nov-2017        Price: US 4000 Onwards        Pages: 102
    In this report, the global Marine Communication Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (Units), revenue (Million USD), market share and growth rate of Marine Communication Systems for these regions, from 2012 to 2022 (forecast), covering - United States - China - Eu......
  • Visual Analytics Market by Component (Software and Services), Business Function (IT, Sales and Marketing, Finance, Supply Chain, and HR), Deployment Model (On-Demand and On-Premise), Organization Size, Industry, and Region - Global Forecast to 2022
    Published: 17-Nov-2017        Price: US 5650 Onwards        Pages: 150
    “The increasing adoption of advanced analytics is driving the growth of the visual analytics market” MarketsandMarkets estimates the global visual analytics market to grow from USD 2.57 billion in 2017 to USD 6.51 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 20.4%. The visual analytics market is growing rapidly because of the transition from the traditional Business Intelligence (BI) techniques to advanced BI and analytics techniques, and du......
  • EMEA Website Builders Market by Manufacturers, Regions, Type and Application, Forecast to 2022
    Published: 16-Nov-2017        Price: US 4480 Onwards        Pages: 122
    Website builders are tools that typically allow the construction of websites without manual code editing. Scope of the Report: This report focuses on the Website Builders in EMEA market, covering Europe, Middle East and Africa, This report categorizes the market based on manufacturers, regions, type and application. Market Segment by Manufacturers, this report covers - Wix - Web - Yahoo - Godaddy - Weebly - Yola......
  • Telecom Order Management Market by Solution (Customer Order Management, Service Order Management, and Service Inventory Management), Service, Network Type (Wireline and Wireless), Deployment Type, and Region - Global Forecast to 2022
    Published: 16-Nov-2017        Price: US 5650 Onwards        Pages: 111
    “Rapid increase in the number of connected devices and subscribers is driving the growth of the telecom order management market.” The global telecom order management market size is expected to grow from USD 1.96 billion in 2017 to USD 3.22 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.4 % during the forecast period. The rapid increase in the number of connected devices, and consolidation of services offered by telecom service provi......
  • Global Mobile A/B Testing Market Size, Status and Forecast 2022
    Published: 15-Nov-2017        Price: US 3300 Onwards        Pages: 96
    This report studies the global Mobile A/B Testing market, analyzes and researches the Mobile A/B Testing development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like - Mixpanel - Splitforce - Leanplum - Apptimize - Taplytics - Azetone - ShepHertz Technologies - Google Market segment by Regions/Countries, this report covers - ......
  • 2017 Top 5 Library Automation Service System Players in North America, Europe, Asia-Pacific, South America, Middle East and Africa
    Published: 14-Nov-2017        Price: US 4960 Onwards        Pages: 127
    "This report will be delivered in 2-3 business days after the order is placed." The Global Library Automation Service System market size will be XX million (USD) in 2022, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) of XX% from between 2016 and 2022. This report studies the global Library Automation Service System market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses......
  • 2017-2022 Asia-Pacific Top Countries Library Automation Service System Market Report
    Published: 14-Nov-2017        Price: US 4660 Onwards        Pages: 127
    "This report will be delivered in 2-3 business days after the order is placed." In 2016, the Asia-Pacific Library Automation Service System market size was xx million USD and it will reach xx million USD in 2022, with a CAGR of xx% between 2016 and 2022. This report studies Library Automation Service System in Asia-Pacific market, especially in China, Japan, Korea, Taiwan, India, Australia, Indonesia, Thailand and Philippines, focuses on the top pla......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs