DUBLIN--(BUSINESS WIRE)--The "Quantum Cryptography - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Quantum Cryptography estimated at US$565.7 Million in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 30.9% over the period 2020-2027.
The U.S. Market is Estimated at $170 Million, While China is Forecast to Grow at 30% CAGR
The Quantum Cryptography market in the U.S. is estimated at US$170 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$636.4 Million by the year 2027 trailing a CAGR of 30% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.8% and 26.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.7% CAGR.
Select Competitors (Total 26 Featured):
- ID Quantique SA
- MagiQ Technologies Inc.
- Nippon Telegraph and Telephone Corp.
- Nucrypt LLC
- Oki Electric Industry Company Ltd.
- QuintessenceLabs Inc.
- Raytheon BBN Technologies
- SK Telecom
- Universal Quantum Devices
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Secure Communications - Defining the Need for Cryptography
- Recent Market Activity
- Quantum Cryptography - Providing Secure Communications
- A Pictorial Illustration of Quantum Cryptography
- Using Quantum Key Distribution
- Quantum Cryptography Market to Leapfrog over the Ensuing Years
- The Advent for Quantum Computers
- Quantum Computing Makes Quantum Cryptography Imperative
- QKD R&D
- Focus on Quantum-Secure Networks
- Patent Landscape
- Future Developments
- QKD Systems and the Different Applications
- Corporate
- Healthcare
- Defense
- Infrastructure Protection
- Transport
- Finance
- Space
- Adoption in Regional Markets
- Regional Initiatives in Quantum Cryptography Field
- China to Play a Pivotal Role in the Global Quantum Cryptography Market
- China's Quantum Experiments
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Popularity of Crypto Cloud Computing System
- Researchers Striving to Overcome Limitations in Terrestrial QKD networks
- Satellite QKD Networks to Complement Terrestrial QKD Networks
- Moving Beyond Point-to-Point Communications - An Important Step to Improve Commercialization Prospects
- Quantum Access Network with Improved APDs to Enable Quantum Cryptography for Multiple Users
- Threat of Cyber Crime Buoys Demand for Quantum Cryptography Solutions in Government Agencies
- Growing Use of Cyber Security Solutions in Public Utilities
- Demand for Cyber Security in Defense Sector on the Rise
- Business Enterprises Drive Demand for QC-based Secure Communication Systems
- Financial Services - A Key End Use Market for Information Security Solutions
- Factors Affecting Implementation of Cyber Security Solutions by Enterprises Worldwide - Ranked in Order of Influence
- Securing Internet Transaction: An Opportune Application Area for Quantum Cryptography
- Quantum Cryptography to Secure Mobile Transactions
- Strong Need for QKD Systems Compatibility with Existing Telecom Networks
- New Protocol to Bring Quantum Cryptography to Mobile Telecommunications
- Quantum Cryptography Finds Application in Securing Data for Electric Grids
- Relativistic Quantum Cryptography to Ensure Secure Bit Commitment
- Refinement of Photon Detectors Essential for Widespread Adoption
- Researchers Identify Alternative Method to Sidestep Technical Flaw in Photon Detectors
- High Cost of Infrastructure and Hardware: A Cause of Concern
- Dire Need for Established Standards
- Quantum Cryptography Driven by BYOD Policy Implementation
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/6x7rn3
