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Quantum encryption (aka quantum key distribution, QKD) is the first encryption process that is essentially unbreakable; a very strong use case in these days of ubiquitous hacking. Also driving the market for quantum encryption is the fact that its addressable market is expanding from specialized projects sponsored by governments and giant financial institutions to large data centers, of which there are a large and growing number.
Although systems for have been deployed by governments and financial institutions for at about 15 years, CIR now sees prospects for their much wider use and we also note that a select group of venture capitalists are stepping up to the plate to fund new firms in this area. This report identifies the business opportunities that are emerging in this new market environment for QKD.
The report includes:
- Ten-year forecasts of systems shipped and the revenues that CIR expects to be generated from these forecasts. We also provide forecasts for critical optical components and modules that are used in QKD systems. These forecasts are the most granular ever presented in the QKD market and are broken out by product and technology type, application and end-user industry, geography and location of end users.
- A determination of which QKD applications markets have the highest potential. The coverage of the report includes both “traditional” markets, such as defense, and new markets, such as telecommunications.
- Strategic profiles of all the leading firms supplying QKD and related systems. In these profiles we discuss how each firm regards the current state of the QKD market and how they expect it to develop. We also examine their sources of finance and how they plan to develop their products over the next few years
- An assessment of the latest R&D into QKD and how this will impact the commercial quantum encryption market and the development of QKD products. This assessment covers both work done at leading research institutes and at corporate labs. One area that we believe will be especially important commercially is the development work that enables QKD to be extended over long reaches.
This report will be essential reading for product, marketing and strategy executive throughout the entire encryption sector, including QKD systems makers and providers of encryption software of all kinds. It will also be of considerable interest to investors in the QKD space.