`Bharat Book Bureau Provides the Trending Market Research Report on “Global Quantum Cryptography Market - By Component (Solutions and Services); By Services (Consulting & Advisory, Deployment & Integration and Support & Maintenance); By Security Type (Network Security, Application Security and Database Security); By Organization Size (Large Enterprises and Small & Medium Enterprises); By End-users (BFSI, IT & Telecommunication, Government & Defense, Healthcare and Others); and Region - Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030” under Media & Technology Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.


Market Overview
Global quantum cryptography market is anticipated to exceed USD 1,082 million by 2030 from USD 95 million in 2019 at a CAGR of 31.36% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of increasing cyber-attack cases in the period of digitalization.

With the rise in need for digitalization, there is a growth in the need for quantum cryptography. Organizations are aware of the fact that data retrieval is very expensive these days, and with a rise in the cyber-attacks, organizations are purchasing quantum cryptography solutions to safeguard their information.



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Global Quantum Cryptography Market: Segments

The Services segment to grow with the fastest CAGR of xx% during 2020-2030

Global quantum cryptography market is segmented by Component into Solutions and Services. Among these, the services segment is estimated to hold the largest market share of xx% in 2019. The quantum cryptography designers provide vigorous technologies and services to their customers proposed towards securing data from the quantum hacker. The demand graph of quantum cryptography market is consistently increasing at a substantial pace owing to the rise in the number of cases concerning data availability by unofficial third parties.

Global Quantum Cryptography Market: Drivers and Restraints

Driver: Rising Cyber-attacks Cases in the Period of Digitalization

Digitalization provides several prospects to enhance systems and processes across organization verticals. The rising number of linked devices is acting as a leading factor in complications in cyber risk management and also uninvited cyber cases round the globe.

Restraint: High Adoption Cost

Even though the adoption of quantum cryptography solutions raises the security of communication, these solutions are costly and time-consuming to adopt, and this leads to a fall in the implementation of quantum cryptography solutions. Their adoption cost rises with increasing distance; therefore, organizations have to pay huge fines for adopting and keeping these solutions and services, and this turns out to be a load for them. Thus, high installation charges behave like restraints for the development of the quantum cryptography market.

Global Quantum Cryptography Market: Regions

North America to surge at the highest CAGR of xx% during 2020-2030

Region-wise, the market for quantum cryptography across the globe is segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. Among these, North America is witnessed to constitute xx% of the total market share in the year 2019. As North American regions have faced cyber-attacks and cyber threats, safety is the foremost requirement of the organizations in the region. Implementation of innovative technologies and services have also guided them to enter the market. Furthermore, small and medium enterprises are also advancing in the North American region. Due to the occurrence of scam in the sectors like BFSI, e-commerce, and healthcare in the USA region the quantum cryptography market has grown on a large-scale.

Global Quantum Cryptography Market: Key Players
• Toshiba
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
• PQ Solutions
• NEC Corporation
• Infineon
• Magic Technologies
• Qubitekk
• Qutools GmbH
• Quintessence Labs
• Crypta Labs
• Nucrypt Llc

The market report on global quantum cryptography also contains the following in-depth analysis:
• Quantum Cryptography Market Segments:
- By Component
- Solutions
- Services
- By Services
- Consulting & Advisory
- Deployment & Integration
- Support & Maintenance
- By Security Type
- Network Security
- Application Security
- Database Security
- By Organization Size
- Large Enterprises
- Small & Medium Enterprises
- By End-users
- BFSI
- IT & Telecommunications
- Government & Defense
- Healthcare
- Others
- By Region
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
• Quantum Cryptography Market Dynamics
• Quantum Cryptography Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints


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