Quantum Key Distribution (QKD) 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.
According to our (Global Info Research) latest study, the global Quantum Key Distribution (QKD) market size was valued at USD 1452.8 million in 2022 and is forecast to a readjusted size of USD 4829 million by 2029 with a CAGR of 18.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global major players in quantum key distribution (QKD) market include ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, etc. Top 5 companies occupied about 81% market share. Service providers are mainly located in Europe and North America, they occupied for a share over 53%. North America is the largest market with about 42% market share. Asia-Pacific and Europe are followers, accounting for about 32% and 22% market share, separately.
This report is a detailed and comprehensive analysis for global Quantum Key Distribution (QKD) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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This report profiles key players in the global Quantum Key Distribution (QKD) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies and Toshiba, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segment by Type
Type I
Type II
Market segment by Application
Financial
Government
Military & Defense
Others
Market segment by players, this report covers
ID Quantique
SeQureNet
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Quantum Key Distribution (QKD)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Quantum Key Distribution (QKD) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Quantum Key Distribution (QKD) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Quantum Key Distribution (QKD) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Quantum Key Distribution (QKD), with price, sales, revenue and global market share of Quantum Key Distribution (QKD) from 2018 to 2023.
Chapter 3, the Quantum Key Distribution (QKD) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Quantum Key Distribution (QKD) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Quantum Key Distribution (QKD) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Quantum Key Distribution (QKD).
Chapter 14 and 15, to describe Quantum Key Distribution (QKD) sales channel, distributors, customers, research findings and conclusion.
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