The global market for Quantum Cryptography was estimated to be worth US$ 3695.1 million in 2023 and is forecast to a readjusted size of US$ 16360 million by 2030 with a CAGR of 23.4% during the forecast period 2024-2030

Quantum Cryptography - Market

This report studies the Quantum Cryptography market, Quantum cryptography uses physics instead of mathematics to encode messages, which provides greater security.

The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as “BB84”. Five years later, they built the first QKD prototype system which was said to be “secure against any eavesdropper who happened to be deaf” as it made audible noises while encoding crypto key onto single photons.

From its relatively humble beginnings, QKD has gained global interest as a unique cybersecurity solution with active research groups across North America, Europe, Australia, and Asia.

The major players in global quantum cryptography include ID Quantique, Sequrenet, Quintessence Labs, Magiq Technologies, Toshiba, QuantumCTek and Qasky, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Quantum Cryptography, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Quantum Cryptography by region & country, by Type, and by Application.

The Quantum Cryptography market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Quantum Cryptography.

Market Segmentation

Scope of Quantum Cryptography - Market Report

Report Metric	Details
Report Name	Quantum Cryptography - Market
Forecasted market size in 2030	US$ 16360 million
CAGR	23.4%
Forecasted years	2024 - 2030
Segment by Type:	Table Pros Table Cons
Segment by Application	Financial Government Military & Defense Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Quantum Cryptography manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Quantum Cryptography in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Quantum Cryptography in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

FAQ for this report

What is the Quantum Cryptography - Market size in 2030?

Ans: The Quantum Cryptography - Market size in 2030 will be US$ 16360 million.

Who are the main players in the Quantum Cryptography - Market report?

Ans: The main players in the Quantum Cryptography - Market are ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky

What are the Application segmentation covered in the Quantum Cryptography - Market report?

Ans: The Applications covered in the Quantum Cryptography - Market report are Financial, Government, Military & Defense, Others

What are the Type segmentation covered in the Quantum Cryptography - Market report?

Ans: The Types covered in the Quantum Cryptography - Market report are Table Pros, Table Cons

1 Market Overview

1.1 Quantum Cryptography Product Introduction

1.2 Global Quantum Cryptography Market Size Forecast

1.3 Quantum Cryptography Market Trends & Drivers

1.3.1 Quantum Cryptography Industry Trends

1.3.2 Quantum Cryptography Market Drivers & Opportunity

1.3.3 Quantum Cryptography Market Challenges

1.3.4 Quantum Cryptography Market Restraints

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Competitive Analysis by Company

2.1 Global Quantum Cryptography Players Revenue Ranking (2023)

2.2 Global Quantum Cryptography Revenue by Company (2019-2024)

2.3 Key Companies Quantum Cryptography Manufacturing Base Distribution and Headquarters

2.4 Key Companies Quantum Cryptography Product Offered

2.5 Key Companies Time to Begin Mass Production of Quantum Cryptography

2.6 Quantum Cryptography Market Competitive Analysis

2.6.1 Quantum Cryptography Market Concentration Rate (2019-2024)

2.6.2 Global 5 and 10 Largest Companies by Quantum Cryptography Revenue in 2023

2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Quantum Cryptography as of 2023)

2.7 Mergers & Acquisitions, Expansion

3 Segmentation by Type

3.1 Introduction by Type

3.1.1 Table Pros

3.1.2 Table Cons

3.2 Global Quantum Cryptography Sales Value by Type

3.2.1 Global Quantum Cryptography Sales Value by Type (2019 VS 2023 VS 2030)

3.2.2 Global Quantum Cryptography Sales Value, by Type (2019-2030)

3.2.3 Global Quantum Cryptography Sales Value, by Type (%) (2019-2030)

4 Segmentation by Application

4.1 Introduction by Application

4.1.1 Financial

4.1.2 Government

4.1.3 Military & Defense

4.1.4 Others

4.2 Global Quantum Cryptography Sales Value by Application

4.2.1 Global Quantum Cryptography Sales Value by Application (2019 VS 2023 VS 2030)

4.2.2 Global Quantum Cryptography Sales Value, by Application (2019-2030)

4.2.3 Global Quantum Cryptography Sales Value, by Application (%) (2019-2030)

5 Segmentation by Region

5.1 Global Quantum Cryptography Sales Value by Region

5.1.1 Global Quantum Cryptography Sales Value by Region: 2019 VS 2023 VS 2030

5.1.2 Global Quantum Cryptography Sales Value by Region (2019-2024)

5.1.3 Global Quantum Cryptography Sales Value by Region (2025-2030)

5.1.4 Global Quantum Cryptography Sales Value by Region (%), (2019-2030)

5.2 North America

5.2.1 North America Quantum Cryptography Sales Value, 2019-2030

5.2.2 North America Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

5.3 Europe

5.3.1 Europe Quantum Cryptography Sales Value, 2019-2030

5.3.2 Europe Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

5.4 Asia Pacific

5.4.1 Asia Pacific Quantum Cryptography Sales Value, 2019-2030

5.4.2 Asia Pacific Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

5.5 South America

5.5.1 South America Quantum Cryptography Sales Value, 2019-2030

5.5.2 South America Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

5.6 Middle East & Africa

5.6.1 Middle East & Africa Quantum Cryptography Sales Value, 2019-2030

5.6.2 Middle East & Africa Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

6 Segmentation by Key Countries/Regions

6.1 Key Countries/Regions Quantum Cryptography Sales Value Growth Trends, 2019 VS 2023 VS 2030

6.2 Key Countries/Regions Quantum Cryptography Sales Value

6.3 United States

6.3.1 United States Quantum Cryptography Sales Value, 2019-2030

6.3.2 United States Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.3.3 United States Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.4 Europe

6.4.1 Europe Quantum Cryptography Sales Value, 2019-2030

6.4.2 Europe Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.4.3 Europe Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.5 China

6.5.1 China Quantum Cryptography Sales Value, 2019-2030

6.5.2 China Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.5.3 China Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.6 Japan

6.6.1 Japan Quantum Cryptography Sales Value, 2019-2030

6.6.2 Japan Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.6.3 Japan Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.7 South Korea

6.7.1 South Korea Quantum Cryptography Sales Value, 2019-2030

6.7.2 South Korea Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.7.3 South Korea Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.8 Southeast Asia

6.8.1 Southeast Asia Quantum Cryptography Sales Value, 2019-2030

6.8.2 Southeast Asia Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.8.3 Southeast Asia Quantum Cryptography Sales Value by Application, 2023 VS 2030

6.9 India

6.9.1 India Quantum Cryptography Sales Value, 2019-2030

6.9.2 India Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

6.9.3 India Quantum Cryptography Sales Value by Application, 2023 VS 2030

7 Company Profiles

7.1 ID Quantique

7.1.1 ID Quantique Profile

7.1.2 ID Quantique Main Business

7.1.3 ID Quantique Quantum Cryptography Products, Services and Solutions

7.1.4 ID Quantique Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.1.5 ID Quantique Recent Developments

7.2 SeQureNet

7.2.1 SeQureNet Profile

7.2.2 SeQureNet Main Business

7.2.3 SeQureNet Quantum Cryptography Products, Services and Solutions

7.2.4 SeQureNet Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.2.5 SeQureNet Recent Developments

7.3 Quintessence Labs

7.3.1 Quintessence Labs Profile

7.3.2 Quintessence Labs Main Business

7.3.3 Quintessence Labs Quantum Cryptography Products, Services and Solutions

7.3.4 Quintessence Labs Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.3.5 MagiQ Technologies Recent Developments

7.4 MagiQ Technologies

7.4.1 MagiQ Technologies Profile

7.4.2 MagiQ Technologies Main Business

7.4.3 MagiQ Technologies Quantum Cryptography Products, Services and Solutions

7.4.4 MagiQ Technologies Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.4.5 MagiQ Technologies Recent Developments

7.5 Toshiba

7.5.1 Toshiba Profile

7.5.2 Toshiba Main Business

7.5.3 Toshiba Quantum Cryptography Products, Services and Solutions

7.5.4 Toshiba Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.5.5 Toshiba Recent Developments

7.6 QuantumCTek

7.6.1 QuantumCTek Profile

7.6.2 QuantumCTek Main Business

7.6.3 QuantumCTek Quantum Cryptography Products, Services and Solutions

7.6.4 QuantumCTek Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.6.5 QuantumCTek Recent Developments

7.7 Qasky

7.7.1 Qasky Profile

7.7.2 Qasky Main Business

7.7.3 Qasky Quantum Cryptography Products, Services and Solutions

7.7.4 Qasky Quantum Cryptography Revenue (US$ Million) & (2019-2024)

7.7.5 Qasky Recent Developments

8 Industry Chain Analysis

8.1 Quantum Cryptography Industrial Chain

8.2 Quantum Cryptography Upstream Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.2.3 Manufacturing Cost Structure

8.3 Midstream Analysis

8.4 Downstream Analysis (Customers Analysis)

8.5 Sales Model and Sales Channels

8.5.1 Quantum Cryptography Sales Model

8.5.2 Sales Channel

8.5.3 Quantum Cryptography Distributors

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

FEATURED COMPANIES

List of Tables

Table 1. Quantum Cryptography Market Trends

Table 2. Quantum Cryptography Market Drivers & Opportunity

Table 3. Quantum Cryptography Market Challenges

Table 4. Quantum Cryptography Market Restraints

Table 5. Global Quantum Cryptography Revenue by Company (2019-2024) & (US$ Million)

Table 6. Global Quantum Cryptography Revenue Market Share by Company (2019-2024)

Table 7. Key Companies Quantum Cryptography Manufacturing Base Distribution and Headquarters

Table 8. Key Companies Quantum Cryptography Product Type

Table 9. Key Companies Time to Begin Mass Production of Quantum Cryptography

Table 10. Global Quantum Cryptography Companies Market Concentration Ratio (CR5 and HHI)

Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Quantum Cryptography as of 2023)

Table 12. Mergers & Acquisitions, Expansion Plans

Table 13. Global Quantum Cryptography Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)

Table 14. Global Quantum Cryptography Sales Value by Type (2019-2024) & (US$ Million)

Table 15. Global Quantum Cryptography Sales Value by Type (2025-2030) & (US$ Million)

Table 16. Global Quantum Cryptography Sales Market Share in Value by Type (2019-2024) & (%)

Table 17. Global Quantum Cryptography Sales Market Share in Value by Type (2025-2030) & (%)

Table 18. Global Quantum Cryptography Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)

Table 19. Global Quantum Cryptography Sales Value by Application (2019-2024) & (US$ Million)

Table 20. Global Quantum Cryptography Sales Value by Application (2025-2030) & (US$ Million)

Table 21. Global Quantum Cryptography Sales Market Share in Value by Application (2019-2024) & (%)

Table 22. Global Quantum Cryptography Sales Market Share in Value by Application (2025-2030) & (%)

Table 23. Global Quantum Cryptography Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)

Table 24. Global Quantum Cryptography Sales Value by Region (2019-2024) & (US$ Million)

Table 25. Global Quantum Cryptography Sales Value by Region (2025-2030) & (US$ Million)

Table 26. Global Quantum Cryptography Sales Value by Region (2019-2024) & (%)

Table 27. Global Quantum Cryptography Sales Value by Region (2025-2030) & (%)

Table 28. Key Countries/Regions Quantum Cryptography Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030

Table 29. Key Countries/Regions Quantum Cryptography Sales Value, (2019-2024) & (US$ Million)

Table 30. Key Countries/Regions Quantum Cryptography Sales Value, (2025-2030) & (US$ Million)

Table 31. ID Quantique Basic Information List

Table 32. ID Quantique Description and Business Overview

Table 33. ID Quantique Quantum Cryptography Products, Services and Solutions

Table 34. Revenue (US$ Million) in Quantum Cryptography Business of ID Quantique (2019-2024)

Table 35. ID Quantique Recent Developments

Table 36. SeQureNet Basic Information List

Table 37. SeQureNet Description and Business Overview

Table 38. SeQureNet Quantum Cryptography Products, Services and Solutions

Table 39. Revenue (US$ Million) in Quantum Cryptography Business of SeQureNet (2019-2024)

Table 40. SeQureNet Recent Developments

Table 41. Quintessence Labs Basic Information List

Table 42. Quintessence Labs Description and Business Overview

Table 43. Quintessence Labs Quantum Cryptography Products, Services and Solutions

Table 44. Revenue (US$ Million) in Quantum Cryptography Business of Quintessence Labs (2019-2024)

Table 45. Quintessence Labs Recent Developments

Table 46. MagiQ Technologies Basic Information List

Table 47. MagiQ Technologies Description and Business Overview

Table 48. MagiQ Technologies Quantum Cryptography Products, Services and Solutions

Table 49. Revenue (US$ Million) in Quantum Cryptography Business of MagiQ Technologies (2019-2024)

Table 50. MagiQ Technologies Recent Developments

Table 51. Toshiba Basic Information List

Table 52. Toshiba Description and Business Overview

Table 53. Toshiba Quantum Cryptography Products, Services and Solutions

Table 54. Revenue (US$ Million) in Quantum Cryptography Business of Toshiba (2019-2024)

Table 55. Toshiba Recent Developments

Table 56. QuantumCTek Basic Information List

Table 57. QuantumCTek Description and Business Overview

Table 58. QuantumCTek Quantum Cryptography Products, Services and Solutions

Table 59. Revenue (US$ Million) in Quantum Cryptography Business of QuantumCTek (2019-2024)

Table 60. QuantumCTek Recent Developments

Table 61. Qasky Basic Information List

Table 62. Qasky Description and Business Overview

Table 63. Qasky Quantum Cryptography Products, Services and Solutions

Table 64. Revenue (US$ Million) in Quantum Cryptography Business of Qasky (2019-2024)

Table 65. Qasky Recent Developments

Table 66. Key Raw Materials Lists

Table 67. Raw Materials Key Suppliers Lists

Table 68. Quantum Cryptography Downstream Customers

Table 69. Quantum Cryptography Distributors List

Table 70. Research Programs/Design for This Report

Table 71. Key Data Information from Secondary Sources

Table 72. Key Data Information from Primary Sources

Table 73. Business Unit and Senior & Team Lead Analysts

List of Figures

Figure 1. Quantum Cryptography Product Picture

Figure 2. Global Quantum Cryptography Sales Value, 2019 VS 2023 VS 2030 (US$ Million)

Figure 3. Global Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 4. Quantum Cryptography Report Years Considered

Figure 5. Global Quantum Cryptography Players Revenue Ranking (2023) & (US$ Million)

Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Quantum Cryptography Revenue in 2023

Figure 7. Quantum Cryptography Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023

Figure 8. Table Pros Picture

Figure 9. Table Cons Picture

Figure 10. Global Quantum Cryptography Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)

Figure 11. Global Quantum Cryptography Sales Value Market Share by Type, 2023 & 2030

Figure 12. Product Picture of Financial

Figure 13. Product Picture of Government

Figure 14. Product Picture of Military & Defense

Figure 15. Product Picture of Others

Figure 16. Global Quantum Cryptography Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)

Figure 17. Global Quantum Cryptography Sales Value Market Share by Application, 2023 & 2030

Figure 18. North America Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 19. North America Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

Figure 20. Europe Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 21. Europe Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

Figure 22. Asia Pacific Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 23. Asia Pacific Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

Figure 24. South America Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 25. South America Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

Figure 26. Middle East & Africa Quantum Cryptography Sales Value (2019-2030) & (US$ Million)

Figure 27. Middle East & Africa Quantum Cryptography Sales Value by Country (%), 2023 VS 2030

Figure 28. Key Countries/Regions Quantum Cryptography Sales Value (%), (2019-2030)

Figure 29. United States Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 30. United States Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 31. United States Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 32. Europe Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 33. Europe Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 34. Europe Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 35. China Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 36. China Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 37. China Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 38. Japan Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 39. Japan Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 40. Japan Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 41. South Korea Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 42. South Korea Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 43. South Korea Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 44. Southeast Asia Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 45. Southeast Asia Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 46. Southeast Asia Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 47. India Quantum Cryptography Sales Value, (2019-2030) & (US$ Million)

Figure 48. India Quantum Cryptography Sales Value by Type (%), 2023 VS 2030

Figure 49. India Quantum Cryptography Sales Value by Application (%), 2023 VS 2030

Figure 50. Quantum Cryptography Industrial Chain

Figure 51. Quantum Cryptography Manufacturing Cost Structure

Figure 52. Channels of Distribution (Direct Sales, and Distribution)

Figure 53. Bottom-up and Top-down Approaches for This Report

Figure 54. Data Triangulation

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