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Quantum Key Distribution (QKD)-Global Market Insights and Sales Trends 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 size is expected to reach US$ 6553.3 million by 2029, growing at a CAGR of 34.8% from 2023 to 2029. The market is mainly driven by the significant applications of Quantum Key Distribution (QKD) in various end use industries. The expanding demands from the Financial, Government, Military & Defense and Others, are propelling Quantum Key Distribution (QKD) market. Type I, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type II segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Quantum Key Distribution (QKD), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Quantum Key Distribution (QKD) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Quantum Key Distribution (QKD) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Quantum Key Distribution (QKD) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Quantum Key Distribution (QKD) covered in this report include ID Quantique, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky and Qudoor, etc.
The global Quantum Key Distribution (QKD) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ID Quantique
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
Global Quantum Key Distribution (QKD) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Quantum Key Distribution (QKD) market, Segment by Type:
Type I
Type II
Global Quantum Key Distribution (QKD) market, by Application
Financial
Government
Military & Defense
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Quantum Key Distribution (QKD) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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 size is expected to reach US$ 6553.3 million by 2029, growing at a CAGR of 34.8% from 2023 to 2029. The market is mainly driven by the significant applications of Quantum Key Distribution (QKD) in various end use industries. The expanding demands from the Financial, Government, Military & Defense and Others, are propelling Quantum Key Distribution (QKD) market. Type I, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type II segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Quantum Key Distribution (QKD), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Quantum Key Distribution (QKD) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Quantum Key Distribution (QKD) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Quantum Key Distribution (QKD) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Quantum Key Distribution (QKD) covered in this report include ID Quantique, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky and Qudoor, etc.
The global Quantum Key Distribution (QKD) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ID Quantique
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
Global Quantum Key Distribution (QKD) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Quantum Key Distribution (QKD) market, Segment by Type:
Type I
Type II
Global Quantum Key Distribution (QKD) market, by Application
Financial
Government
Military & Defense
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Quantum Key Distribution (QKD) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Quantum Key Distribution (QKD)
1.1 Quantum Key Distribution (QKD) Market Overview
1.1.1 Quantum Key Distribution (QKD) Product Scope
1.1.2 Quantum Key Distribution (QKD) Market Status and Outlook
1.2 Global Quantum Key Distribution (QKD) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Quantum Key Distribution (QKD) Market Size by Region (2018-2029)
1.4 Global Quantum Key Distribution (QKD) Historic Market Size by Region (2018-2023)
1.5 Global Quantum Key Distribution (QKD) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Quantum Key Distribution (QKD) Market Size (2018-2029)
1.6.1 North America Quantum Key Distribution (QKD) Market Size (2018-2029)
1.6.2 Europe Quantum Key Distribution (QKD) Market Size (2018-2029)
1.6.3 Asia-Pacific Quantum Key Distribution (QKD) Market Size (2018-2029)
1.6.4 Latin America Quantum Key Distribution (QKD) Market Size (2018-2029)
1.6.5 Middle East & Africa Quantum Key Distribution (QKD) Market Size (2018-2029)
2 Quantum Key Distribution (QKD) Market by Type
2.1 Introduction
2.1.1 Type I
2.1.2 Type II
2.2 Global Quantum Key Distribution (QKD) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Quantum Key Distribution (QKD) Historic Market Size by Type (2018-2023)
2.2.2 Global Quantum Key Distribution (QKD) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Quantum Key Distribution (QKD) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Quantum Key Distribution (QKD) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Quantum Key Distribution (QKD) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Quantum Key Distribution (QKD) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Quantum Key Distribution (QKD) Revenue Breakdown by Type (2018-2029)
3 Quantum Key Distribution (QKD) Market Overview by Application
3.1 Introduction
3.1.1 Financial
3.1.2 Government
3.1.3 Military & Defense
3.1.4 Others
3.2 Global Quantum Key Distribution (QKD) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Quantum Key Distribution (QKD) Historic Market Size by Application (2018-2023)
3.2.2 Global Quantum Key Distribution (QKD) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Quantum Key Distribution (QKD) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Quantum Key Distribution (QKD) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Quantum Key Distribution (QKD) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Quantum Key Distribution (QKD) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Quantum Key Distribution (QKD) Revenue Breakdown by Application (2018-2029)
4 Quantum Key Distribution (QKD) Competition Analysis by Players
4.1 Global Quantum Key Distribution (QKD) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Quantum Key Distribution (QKD) as of 2022)
4.3 Date of Key Players Enter into Quantum Key Distribution (QKD) Market
4.4 Global Top Players Quantum Key Distribution (QKD) Headquarters and Area Served
4.5 Key Players Quantum Key Distribution (QKD) Product Solution and Service
4.6 Competitive Status
4.6.1 Quantum Key Distribution (QKD) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ID Quantique
5.1.1 ID Quantique Profile
5.1.2 ID Quantique Main Business
5.1.3 ID Quantique Quantum Key Distribution (QKD) Products, Services and Solutions
5.1.4 ID Quantique Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.1.5 ID Quantique Recent Developments
5.2 Quintessence Labs
5.2.1 Quintessence Labs Profile
5.2.2 Quintessence Labs Main Business
5.2.3 Quintessence Labs Quantum Key Distribution (QKD) Products, Services and Solutions
5.2.4 Quintessence Labs Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.2.5 Quintessence Labs Recent Developments
5.3 MagiQ Technologies
5.3.1 MagiQ Technologies Profile
5.3.2 MagiQ Technologies Main Business
5.3.3 MagiQ Technologies Quantum Key Distribution (QKD) Products, Services and Solutions
5.3.4 MagiQ Technologies Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.3.5 Toshiba Recent Developments
5.4 Toshiba
5.4.1 Toshiba Profile
5.4.2 Toshiba Main Business
5.4.3 Toshiba Quantum Key Distribution (QKD) Products, Services and Solutions
5.4.4 Toshiba Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.4.5 Toshiba Recent Developments
5.5 QuantumCTek
5.5.1 QuantumCTek Profile
5.5.2 QuantumCTek Main Business
5.5.3 QuantumCTek Quantum Key Distribution (QKD) Products, Services and Solutions
5.5.4 QuantumCTek Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.5.5 QuantumCTek Recent Developments
5.6 Qasky
5.6.1 Qasky Profile
5.6.2 Qasky Main Business
5.6.3 Qasky Quantum Key Distribution (QKD) Products, Services and Solutions
5.6.4 Qasky Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.6.5 Qasky Recent Developments
5.7 Qudoor
5.7.1 Qudoor Profile
5.7.2 Qudoor Main Business
5.7.3 Qudoor Quantum Key Distribution (QKD) Products, Services and Solutions
5.7.4 Qudoor Quantum Key Distribution (QKD) Revenue (US$ Million) & (2018-2023)
5.7.5 Qudoor Recent Developments
6 North America
6.1 North America Quantum Key Distribution (QKD) Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Quantum Key Distribution (QKD) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Quantum Key Distribution (QKD) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Quantum Key Distribution (QKD) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Quantum Key Distribution (QKD) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Quantum Key Distribution (QKD) Market Dynamics
11.1 Quantum Key Distribution (QKD) Industry Trends
11.2 Quantum Key Distribution (QKD) Market Drivers
11.3 Quantum Key Distribution (QKD) Market Challenges
11.4 Quantum Key Distribution (QKD) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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