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Global Quantum Key Distribution (QKD) Market Research Report 2024
Synopsis
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. 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 global Quantum Key Distribution (QKD) market was valued at US$ 803.7 million in 2023 and is anticipated to reach US$ 6553.3 million by 2030, witnessing a CAGR of 34.8% during the forecast period 2024-2030.
Global key players of quantum key distribution (QKD) include MagiQ Technologies, ID Quantique, Quintessence Labs, QuantumCTek, Qasky, etc. The top five players hold a share about 70%. North America is the largest market, has a share about 42%, followed by Asia-Pacific and Europe, with share 32% and 22%, separately.
This report aims to provide a comprehensive presentation of the global market for Quantum Key Distribution (QKD), 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 Key Distribution (QKD).
Report Scope
The Quantum Key Distribution (QKD) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Quantum Key Distribution (QKD) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Quantum Key Distribution (QKD) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ID Quantique
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
Segment by Type
Type I
Type II
Segment by Application
Financial
Government
Military & Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Quantum Key Distribution (QKD) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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. 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 global Quantum Key Distribution (QKD) market was valued at US$ 803.7 million in 2023 and is anticipated to reach US$ 6553.3 million by 2030, witnessing a CAGR of 34.8% during the forecast period 2024-2030.
Global key players of quantum key distribution (QKD) include MagiQ Technologies, ID Quantique, Quintessence Labs, QuantumCTek, Qasky, etc. The top five players hold a share about 70%. North America is the largest market, has a share about 42%, followed by Asia-Pacific and Europe, with share 32% and 22%, separately.
This report aims to provide a comprehensive presentation of the global market for Quantum Key Distribution (QKD), 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 Key Distribution (QKD).
Report Scope
The Quantum Key Distribution (QKD) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Quantum Key Distribution (QKD) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Quantum Key Distribution (QKD) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ID Quantique
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
Segment by Type
Type I
Type II
Segment by Application
Financial
Government
Military & Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Quantum Key Distribution (QKD) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Quantum Key Distribution (QKD) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Type I
1.2.3 Type II
1.3 Market by Application
1.3.1 Global Quantum Key Distribution (QKD) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Financial
1.3.3 Government
1.3.4 Military & Defense
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Quantum Key Distribution (QKD) Market Perspective (2019-2030)
2.2 Quantum Key Distribution (QKD) Growth Trends by Region
2.2.1 Global Quantum Key Distribution (QKD) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Quantum Key Distribution (QKD) Historic Market Size by Region (2019-2024)
2.2.3 Quantum Key Distribution (QKD) Forecasted Market Size by Region (2025-2030)
2.3 Quantum Key Distribution (QKD) Market Dynamics
2.3.1 Quantum Key Distribution (QKD) Industry Trends
2.3.2 Quantum Key Distribution (QKD) Market Drivers
2.3.3 Quantum Key Distribution (QKD) Market Challenges
2.3.4 Quantum Key Distribution (QKD) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Quantum Key Distribution (QKD) Players by Revenue
3.1.1 Global Top Quantum Key Distribution (QKD) Players by Revenue (2019-2024)
3.1.2 Global Quantum Key Distribution (QKD) Revenue Market Share by Players (2019-2024)
3.2 Global Quantum Key Distribution (QKD) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Quantum Key Distribution (QKD) Revenue
3.4 Global Quantum Key Distribution (QKD) Market Concentration Ratio
3.4.1 Global Quantum Key Distribution (QKD) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Quantum Key Distribution (QKD) Revenue in 2023
3.5 Quantum Key Distribution (QKD) Key Players Head office and Area Served
3.6 Key Players Quantum Key Distribution (QKD) Product Solution and Service
3.7 Date of Enter into Quantum Key Distribution (QKD) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Quantum Key Distribution (QKD) Breakdown Data by Type
4.1 Global Quantum Key Distribution (QKD) Historic Market Size by Type (2019-2024)
4.2 Global Quantum Key Distribution (QKD) Forecasted Market Size by Type (2025-2030)
5 Quantum Key Distribution (QKD) Breakdown Data by Application
5.1 Global Quantum Key Distribution (QKD) Historic Market Size by Application (2019-2024)
5.2 Global Quantum Key Distribution (QKD) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Quantum Key Distribution (QKD) Market Size (2019-2030)
6.2 North America Quantum Key Distribution (QKD) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Quantum Key Distribution (QKD) Market Size by Country (2019-2024)
6.4 North America Quantum Key Distribution (QKD) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Quantum Key Distribution (QKD) Market Size (2019-2030)
7.2 Europe Quantum Key Distribution (QKD) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Quantum Key Distribution (QKD) Market Size by Country (2019-2024)
7.4 Europe Quantum Key Distribution (QKD) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Quantum Key Distribution (QKD) Market Size (2019-2030)
8.2 Asia-Pacific Quantum Key Distribution (QKD) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Quantum Key Distribution (QKD) Market Size by Region (2019-2024)
8.4 Asia-Pacific Quantum Key Distribution (QKD) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Quantum Key Distribution (QKD) Market Size (2019-2030)
9.2 Latin America Quantum Key Distribution (QKD) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Quantum Key Distribution (QKD) Market Size by Country (2019-2024)
9.4 Latin America Quantum Key Distribution (QKD) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Quantum Key Distribution (QKD) Market Size (2019-2030)
10.2 Middle East & Africa Quantum Key Distribution (QKD) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Quantum Key Distribution (QKD) Market Size by Country (2019-2024)
10.4 Middle East & Africa Quantum Key Distribution (QKD) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ID Quantique
11.1.1 ID Quantique Company Detail
11.1.2 ID Quantique Business Overview
11.1.3 ID Quantique Quantum Key Distribution (QKD) Introduction
11.1.4 ID Quantique Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.1.5 ID Quantique Recent Development
11.2 Quintessence Labs
11.2.1 Quintessence Labs Company Detail
11.2.2 Quintessence Labs Business Overview
11.2.3 Quintessence Labs Quantum Key Distribution (QKD) Introduction
11.2.4 Quintessence Labs Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.2.5 Quintessence Labs Recent Development
11.3 MagiQ Technologies
11.3.1 MagiQ Technologies Company Detail
11.3.2 MagiQ Technologies Business Overview
11.3.3 MagiQ Technologies Quantum Key Distribution (QKD) Introduction
11.3.4 MagiQ Technologies Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.3.5 MagiQ Technologies Recent Development
11.4 Toshiba
11.4.1 Toshiba Company Detail
11.4.2 Toshiba Business Overview
11.4.3 Toshiba Quantum Key Distribution (QKD) Introduction
11.4.4 Toshiba Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.4.5 Toshiba Recent Development
11.5 QuantumCTek
11.5.1 QuantumCTek Company Detail
11.5.2 QuantumCTek Business Overview
11.5.3 QuantumCTek Quantum Key Distribution (QKD) Introduction
11.5.4 QuantumCTek Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.5.5 QuantumCTek Recent Development
11.6 Qasky
11.6.1 Qasky Company Detail
11.6.2 Qasky Business Overview
11.6.3 Qasky Quantum Key Distribution (QKD) Introduction
11.6.4 Qasky Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.6.5 Qasky Recent Development
11.7 Qudoor
11.7.1 Qudoor Company Detail
11.7.2 Qudoor Business Overview
11.7.3 Qudoor Quantum Key Distribution (QKD) Introduction
11.7.4 Qudoor Revenue in Quantum Key Distribution (QKD) Business (2019-2024)
11.7.5 Qudoor Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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