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