The global quantum cryptography market size is projected to grow from USD 1.6 billion in 2025 to USD 10.2 billion by 2031 at a Compound Annual Growth Rate (CAGR) of 35.7% during the forecast period.
| Scope of the Report |
| Years Considered for the Study | 2019-2031 |
| Base Year | 2024 |
| Forecast Period | 2025-2031 |
| Units Considered | Value (USD Million/ Billion) |
| Segments | By Solution, Service, Transmission Medium, Deployment Mode, Organization Size, Vertical, and Region |
| Regions covered | North America, Asia Pacific, Europe, Middle East & Africa, and Latin America |
The move toward software-defined quantum security is creating strong market momentum as enterprises and telecom operators integrate quantum-secure key management, QKD routing, and PQC controls into SDN and automated network orchestration platforms. This enables programmable quantum-security layers, dynamic key refresh, automated policy enforcement, and seamless integration of quantum-safe communication across multi-cloud, metro, and backbone networks. As networks become increasingly virtualized and distributed, the demand for software-driven, quantum-safe control planes continues to accelerate.
By organization size, the large enterprises segment accounts for the largest market share.
Large enterprises represent the largest market share in quantum cryptography because they manage vast communication networks, handle sensitive multi-regional operations, and must secure long-term data across distributed infrastructures. Industries such as global banking, cloud service providers, utilities, and aerospace rely on quantum-safe channels to protect cross-site traffic and high-value intellectual property. In 2024, a major European telecom operator completed a pilot using QKD to secure traffic between two core network sites, demonstrating how large organizations are integrating quantum-secure links into existing optical infrastructure. Large enterprises also lead adoption due to stringent internal security frameworks, dedicated cybersecurity teams, and the need to safeguard mission-critical systems from future quantum decryption threats, making them the primary drivers of real-world deployment.
By offering, the services segment is expected to account for the highest growth rate during the forecast period.
Cloud deployment is growing at the fastest rate as enterprises shift workloads to multi-cloud and hybrid environments, requiring quantum-safe protection for data-in-motion, APIs, and distributed applications. Cloud service providers are integrating PQC-ready key management, quantum-safe TLS, and QRNG-backed entropy services directly into their security stacks, allowing organizations to adopt quantum protection without deploying specialized hardware. In 2024, several global cloud vendors began testing PQC-enabled VPN gateways and quantum-secure inter-region links to support regulated industries. This momentum is driven by ease of scalability, rapid deployment, and the ability to extend quantum-safe communication across geographically dispersed environments, making cloud-based quantum security a preferred path for enterprises to modernize their infrastructure.
By region, North America is estimated to account for the largest market size.
The Asia Pacific quantum cryptography market is expanding rapidly due to strong government investment, national quantum-communication programs, and early commercial deployments. China continues to advance its large-scale QKD networks, including its multi-city quantum backbone and satellite-based quantum links, which were launched in recent years. Japan has been developing metro-level QKD testbeds with telecom operators since 2023, focusing on secure financial transactions and data-center interconnects. South Korea has integrated QKD into parts of its national telecom infrastructure and expanded pilot projects for 5G backhaul security in 2024. India also strengthened the market through its National Quantum Mission, announced in April 2023, which allocated approximately USD 726 million to accelerate QKD research, secure communication trials, and quantum network development. Across the region, strong public funding, technology partnerships, and telecom-driven deployments are accelerating real-world adoption of quantum-secure communication.
Breakdown of primaries
The study draws insights from a range of industry experts, including component suppliers, Tier 1 companies, and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 - 43%, Tier 2 - 36%, and Tier 3 - 21%
- By Designation: C-level Executives - 58%, Directors - 32%, and Other Levels - 10%
- By Region: North America - 55%, Asia Pacific - 12%, Europe - 19%, Middle East & Africa - 9%, Latin America - 5%
The key players in the quantum cryptography market include are Toshiba (Japan), Thales (France), DigiCert (US), NXP Semiconductors (Netherlands), ID Quantique (Switzerland), QuintessenceLabs (Australia), QuantumCTek (China), MagiQ Technologies (US), Crypta Labs (UK), Qasky (China), Qubitekk (US), Eviden (France), NuCrypt (US), Quantum Xchange (US), Infineon Technologies (Germany), Rambus (US), qutools (Germany), QNu Labs (India), Post-Quantum (UK), IBM (US), HPE (US), Crypto Quantique (UK), Qrypt (US), KETS Quantum Security (UK), PQShield (UK), Qubalt (Germany), VeriQloud (France), SSH Communications Security (Finland), HEQA Security (Israel), QuSecure (US), ISARA (Canada), Origin Quantum (China), Quantinuum (US), Kudelski Security (Switzerland), Fortanix (US), Q*Bird (Netherlands), and Quside (Spain).
The study includes an in-depth competitive analysis of the key players in the quantum cryptography market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the quantum cryptography market and forecasts its size by Solution (Quantum Key Distribution, Quantum Random Number Generator, Quantum-safe Cryptography, Quantum Key Management), Service (Deployment & Integration, Crypto Consulting, Support & Maintenance, PQC Integration & Migration, Training & Certification, Quantum as a Service, Security Assessment & Advisory), Transmission Medium (Fiber-optic Cable Transmission, Satellite-based Transmission), Deployment (On-premises, Cloud), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, Government and Defense, Healthcare, IT & ITeS, Automotive, Energy and Utilities, and Other Verticals), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall Quantum Cryptography market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights into better positioning their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
- Analysis of key drivers such as (Rising cyberattacks in the digitalization era, Rising investments in R&D, Rising demand for next-generation security solutions for cloud and IoT technologies, Growing demand for advanced encryption techniques in real-world applications, Growing advancements in quantum computing); Restraints (High implementation costs, Rising technical complexities, Lack of expertise); Opportunities (Spur in demand for security solutions across industry verticals, Increasing need for integrated solutions, Strategic collaborations accelerating innovation in quantum cryptography), and Challenges (Commercialization of quantum cryptography, Technological implementation challenges, Integration of quantum cryptography with existing system, Scalability issues to meet high volume data transmission).
- Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the quantum cryptography market.
- Market Development: Comprehensive information about lucrative markets - the report analyzes the quantum cryptography market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the quantum cryptography market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Toshiba (Japan), Thales (France), NEC (Japan), DigiCert (US), NXP Semiconductors (Netherlands), ID Quantique (Switzerland), QuintessenceLabs (Australia), QuantumCTek (China), MagiQ Technologies (US), Crypta Labs (UK), Qasky (China), Qubitekk (US), Kloch Eviden (France), NuCrypt (US), Quantum Xchange (US), Infineon Technologies (Germany), Rambus (US), QUTools (Germany), QNu Labs (India), Post-Quantum (UK), IBM (US), HPE (US), Crypto Quantique (UK), Qrypt (US), KETS Quantum Security (UK), PQShield (UK), Qubalt (Germany), VeriQloud (France), SSH Communications Security (Finland), HEQA Security (Israel), QuSecure (US), ISARA (Canada), Origin Quantum (China), Quantinuum (US), Kudelski Security (Switzerland), Fortanix (US), Q*Bird (Netherlands), and Quside (Spain).
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE AND SEGMENTATION
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 STAKEHOLDERS
- 1.6 SUMMARY OF CHANGES
2 EXECUTIVE SUMMARY
- 2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS
- 2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS
- 2.3 DISRUPTIVE TRENDS SHAPING MARKET
- 2.4 HIGH-GROWTH SEGMENTS AND EMERGING FRONTIERS
- 2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST
3 PREMIUM INSIGHTS
- 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN QUANTUM CRYPTOGRAPHY MARKET
- 3.2 QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING
- 3.3 QUANTUM CRYPTOGRAPHY MARKET, BY SOLUTION
- 3.4 QUANTUM CRYPTOGRAPHY MARKET, BY SERVICE
- 3.5 QUANTUM CRYPTOGRAPHY MARKET, BY TRANSMISSION MODE
- 3.6 QUANTUM CRYPTOGRAPHY MARKET, BY DEPLOYMENT MODE
- 3.7 QUANTUM CRYPTOGRAPHY MARKET, BY ORGANIZATION SIZE
- 3.8 QUANTUM CRYPTOGRAPHY MARKET, BY VERTICAL
- 3.9 QUANTUM CRYPTOGRAPHY MARKET, BY REGION
4 MARKET OVERVIEW
- 4.1 INTRODUCTION
- 4.2 MARKET DYNAMICS
- 4.2.1 DRIVERS
- 4.2.1.1 Rising number of cyberattacks
- 4.2.1.2 Increasing investments in research and development
- 4.2.1.3 Growing demand for next-generation security solutions for cloud and IoT technologies
- 4.2.1.4 Rising need for advanced encryption techniques in real-world applications
- 4.2.1.5 Advancements in quantum computing
- 4.2.2 RESTRAINTS
- 4.2.2.1 High implementation costs
- 4.2.2.2 Rising technical complexities
- 4.2.2.3 Lack of expertise among users
- 4.2.3 OPPORTUNITIES
- 4.2.3.1 Growing requirement for sophisticated security solutions across sectors
- 4.2.3.2 Increasing need for integrated solutions
- 4.2.3.3 Strategic collaborations for technological innovation
- 4.2.4 CHALLENGES
- 4.2.4.1 Slow commercialization of quantum cryptography
- 4.2.4.2 Integration with existing systems
- 4.2.4.3 Scalability issues related to high-volume data transmission
- 4.3 UNMET NEEDS AND WHITE SPACES
- 4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
- 4.4.1 BFSI
- 4.4.2 HEALTHCARE & LIFE SCIENCES
- 4.4.3 GOVERNMENT
- 4.4.4 IT & ITES
- 4.4.5 TELECOMMUNICATIONS
- 4.5 STRATEGIC MOVES BY TIER -1/2/3 PLAYERS
- 4.5.1 STRATEGIC TRENDS
- 4.5.1.1 Expansion of national and cross-border quantum-secure communication networks
- 4.5.1.2 Growing telecom, government, and industry partnerships
- 4.5.1.3 Hybrid integration of QKD and post-quantum cryptography
5 INDUSTRY TRENDS
- 5.1 PORTER'S FIVE FORCES ANALYSIS
- 5.1.1 THREAT OF NEW ENTRANTS
- 5.1.2 THREAT OF SUBSTITUTES
- 5.1.3 BARGAINING POWER OF SUPPLIERS
- 5.1.4 BARGAINING POWER OF BUYERS
- 5.1.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.2 MACROECONOMIC INDICATORS
- 5.2.1 INTRODUCTION
- 5.2.2 GDP TRENDS AND FORECAST
- 5.2.3 TRENDS IN GLOBAL ICT INDUSTRY
- 5.2.4 TRENDS IN GLOBAL CYBERSECURITY INDUSTRY
- 5.3 VALUE CHAIN ANALYSIS
- 5.3.1 TECHNOLOGY INFRASTRUCTURE PROVIDERS
- 5.3.2 QUANTUM CRYPTOGRAPHY PROVIDERS
- 5.3.3 APPLICATION DEVELOPERS
- 5.3.4 SYSTEM INTEGRATORS
- 5.3.5 END USERS
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 PRICING ANALYSIS
- 5.5.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY SOLUTION, 2025
- 5.5.2 INDICATIVE PRICING ANALYSIS OF SOFTWARE, BY VENDOR, 2025
- 5.6 TRADE ANALYSIS
- 5.7 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.8 KEY CONFERENCES AND EVENTS IN 2025- 2026
- 5.9 INVESTMENT AND FUNDING SCENARIO
- 5.9.1 RECENT INVESTMENTS, FUNDING, AND STARTUPS
- 5.9.1.1 Funding & investment landscape
- 5.9.1.2 Startups & emerging firms
- 5.9.2 R&D & TECHNOLOGICAL DEVELOPMENTS
- 5.9.2.1 Post-quantum cryptography (PQC) - From theory to deployable standards
- 5.9.2.1.1 Algorithm standardization and hardening
- 5.9.2.1.2 Implementation, migration, and "crypto-agility"
- 5.9.2.2 QKD & quantum-secure networks - From lab links to real infrastructure
- 5.9.2.2.1 Metro and backbone QKD deployments over fiber
- 5.9.2.2.2 National missions and long-distance quantum links
- 5.9.2.3 Standards, protocols, and interoperability R&D
- 5.9.2.3.1 QKD standards and device characterization
- 5.9.2.3.2 Quantum-safe cryptographic protocols and inventories
- 5.9.2.4 Technical themes and emerging challenges
- 5.9.3 PATENT LANDSCAPE AND STANDARDIZATION ACTIVITY
- 5.9.3.1 Patent landscape - Growth, geography, and technology focus
- 5.9.3.1.1 Rapid growth in quantum technology patents
- 5.9.3.1.2 Geographic concentration of quantum-cryptography IP
- 5.9.3.1.3 Corporate vs. academic ownership and thematic focus
- 5.9.3.2 Standardization activity - Making quantum cryptography deployable
- 5.9.3.2.1 ETSI - QKD and quantum-safe cryptography
- 5.9.3.2.2 NIST - PQC algorithm standards
- 5.9.3.2.3 IETF / ETSI - Protocol inventories and integration
- 5.9.3.2.4 Other SDOs - ISO/IEC, ITU-T, and joint forums
- 5.9.3.3 Strategic implications for enterprises
- 5.10 CASE STUDY ANALYSIS
- 5.10.1 CASE STUDY 1: HITACHI ENERGY AND ID QUANTIQUE DELIVER HIGHLY SECURE END-TO-END ENCRYPTION FOR CRITICAL INFRASTRUCTURE NETWORKS
- 5.10.2 CASE STUDY 2: QUINTESSENCELABS' CRYPTO GATEWAY SOLUTION ENABLES HIGH SECURITY AND LOW-COST CLOUD STORAGE FOR FINANCIAL INSTITUTION
- 5.10.3 CASE STUDY 3: SK BROADBAND AND IDQ IMPLEMENT END-TO-END QUANTUM CRYPTOGRAPHY SOLUTION FOR SOUTH KOREAN GOVERNMENT
- 5.10.4 CASE STUDY 4: QUANTUM SECURE SYSTEMS ENHANCES SECURITY OF FINANCIAL TRANSACTIONS WITH QKD SOLUTION
- 5.10.5 CASE STUDY 5: PQSHIELD'S PQPLATFORM-COPRO TECHNOLOGY INTEGRATES WITH SIFIVE'S ESSENTIAL RISC-V FOR IMPROVED QUANTUM SAFETY
- 5.11 IMPACT OF 2025 US TARIFF - QUANTUM CRYPTOGRAPHY MARKET
- 5.11.1 INTRODUCTION
- 5.11.2 KEY TARIFF RATES
- 5.11.3 PRICE IMPACT ANALYSIS
- 5.11.4 IMPACT ON COUNTRIES/REGIONS
- 5.11.4.1 North America
- 5.11.4.2 Europe
- 5.11.4.3 Asia Pacific
- 5.11.5 IMPACT ON END-USE INDUSTRIES
6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
- 6.1 KEY EMERGING TECHNOLOGIES
- 6.1.1 QUANTUM KEY DISTRIBUTION (QKD)
- 6.1.2 QUANTUM RANDOM NUMBER GENERATOR (QRNG)
- 6.1.3 QUANTUM ENTANGLEMENT
- 6.1.4 QUANTUM DIGITAL SIGNATURES (QDS)
- 6.2 COMPLEMENTARY TECHNOLOGIES
- 6.2.1 BLOCKCHAIN TECHNOLOGY
- 6.2.2 PUBLIC KEY INFRASTRUCTURE (PKI)
- 6.2.3 TRANSPORT LAYER SECURITY (TLS)
- 6.3 TECHNOLOGY/PRODUCT ROADMAP
- 6.3.1 SHORT-TERM (2025-2027) | FOUNDATION & EARLY COMMERCIALIZATION
- 6.3.2 MID-TERM (2027-2030) | EXPANSION & INTEGRATED RISK MANAGEMENT
- 6.3.3 LONG-TERM (2030-2035+) | AUTONOMOUS & INTELLIGENT EXPOSURE MANAGEMENT
- 6.4 PATENT ANALYSIS
- 6.5 FUTURE APPLICATIONS
- 6.5.1 QUANTUM-PROOF NETWORK SECURITY (ENTANGLEMENT-BASED QKD)
- 6.5.2 SATELLITE-QKD COMMUNICATION (GLOBAL QUANTUM SECURITY)
- 6.5.3 HYBRID QKD + POST-QUANTUM CRYPTOGRAPHY (PQC) SECURITY
- 6.5.4 QUANTUM-SECURE CLOUD CONNECTIVITY
- 6.5.5 AI-ENABLED QUANTUM KEY ORCHESTRATION
- 6.6 IMPACT OF AI/GEN AI ON QUANTUM CRYPTOGRAPHY MARKET
- 6.6.1 CASE STUDIES OF AI IMPLEMENTATION IN QUANTUM CRYPTOGRAPHY MARKET
- 6.6.2 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
- 6.6.3 CLIENTS' READINESS TO ADOPT GENERATIVE AI IN QUANTUM CRYPTOGRAPHY MARKET
7 TARIFF ANALYSIS AND REGULATORY LANDSCAPE
- 7.1 REGIONAL REGULATIONS AND COMPLIANCE
- 7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 7.1.2 INDUSTRY STANDARDS
- 7.2 TARIFF
- 7.2.1 TARIFF RELATED TO QUANTUM CRYPTOGRAPHY PRODUCTS
8 CONSUMER LANDSCAPE AND BUYER BEHAVIOR
- 8.1 DECISION-MAKING PROCESS
- 8.2 KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND THEIR EVALUATION CRITERIA
- 8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 8.2.2 BUYING CRITERIA
- 8.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
- 8.4 UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES
- 8.5 MARKET PROFITABILITY
- 8.5.1 REVENUE POTENTIAL
- 8.5.2 COST DYNAMICS
- 8.5.3 MARGIN OPPORTUNITIES IN KEY APPLICATIONS
9 QUANTUM CRYPTOGRAPHY MARKET, BY SOLUTION
- 9.1 INTRODUCTION
- 9.1.1 SOLUTION: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 9.2 QUANTUM KEY DISTRIBUTION (QKD)
- 9.2.1 ABILITY TO PROVIDE UNCONDITIONAL SECURITY TO DRIVE MARKET
- 9.2.2 DISCRETE VARIABLE QKD (DV-QKD)
- 9.2.3 CONTINUOUS VARIABLE QKD (CV-QKD)
- 9.3 QUANTUM RANDOM NUMBER GENERATOR (QRNG)
- 9.3.1 PROVISION OF HIGH LEVELS OF RANDOMNESS TO DRIVE DEMAND
- 9.3.2 QRNG CHIPS
- 9.3.3 QRNG USB DEVICES
- 9.3.4 PCIE CARDS
- 9.3.5 HARDWARE SECURITY MODULES (HSMS)
- 9.4 POST-QUANTUM CRYPTOGRAPHY/QUANTUM-SAFE CRYPTOGRAPHY
- 9.4.1 ABILITY TO RESIST CLASSICAL AND QUANTUM ATTACKS TO BOOST MARKET
- 9.5 QUANTUM KEY MANAGEMENT
- 9.5.1 GROWING DEMAND TO PROTECT SENSITIVE CLIENT DATA TO FUEL MARKET
10 QUANTUM CRYPTOGRAPHY MARKET, BY SERVICE
- 10.1 INTRODUCTION
- 10.1.1 SERVICE: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 10.2 DEPLOYMENT & INTEGRATION
- 10.2.1 GROWING DEMAND FOR QUANTUM-SAFE DEPLOYMENT AND INTEGRATION SERVICES TO ACCELERATE MARKET GROWTH
- 10.3 CRYPTO CONSULTING
- 10.3.1 STRATEGIC CRYPTO CONSULTING ACCELERATING TRANSITION TOWARD POST-QUANTUM SECURITY ARCHITECTURE
- 10.4 SUPPORT & MAINTENANCE
- 10.4.1 LONG-TERM SECURITY AND RELIABILITY REQUIREMENTS PROPELLING GROWTH OF CRYPTOGRAPHY SUPPORT SERVICES
- 10.5 PQC INTEGRATION & MIGRATION
- 10.5.1 RISING PRIORITY FOR POST-QUANTUM SECURITY ACCELERATING DEMAND FOR PQC INTEGRATION AND MIGRATION SERVICES
- 10.6 TRAINING & CERTIFICATION
- 10.6.1 GROWING NEED FOR QUANTUM-SKILLED WORKFORCE ACCELERATING INVESTMENT IN CRYPTOGRAPHY TRAINING AND CERTIFICATION
- 10.7 QUANTUM-AS-A-SERVICE
- 10.7.1 QUANTUM-AS-A-SERVICE DRIVING MARKET THROUGH CLOUD-BASED QUANTUM ACCESS
- 10.8 SECURITY ASSESSMENT & ADVISORY
- 10.8.1 GROWING DEMAND FOR SECURITY ASSESSMENT AND ADVISORY SERVICES TO DRIVE MARKET
11 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM
- 11.1 INTRODUCTION
- 11.1.1 TRANSMISSION MEDIUM: QUANTUM KEY DISTRIBUTION MARKET DRIVERS
- 11.2 FIBER-OPTIC CABLE TRANSMISSION
- 11.2.1 HIGH SECURITY LEVELS AND SCALABILITY TO DRIVE DEMAND
- 11.3 SATELLITE-BASED TRANSMISSION
- 11.3.1 SUITABILITY TO GLOBAL-SCALE APPLICATIONS TO FUEL MARKET
12 QUANTUM CRYPTOGRAPHY MARKET, BY DEPLOYMENT MODE
- 12.1 INTRODUCTION
- 12.1.1 DEPLOYMENT MODE: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 12.2 ON-PREMISES
- 12.2.1 NEED FOR COMPLETE OVERSIGHT OF ENCRYPTION PROCESSES TO DRIVE DEMAND
- 12.3 CLOUD
- 12.3.1 COST-EFFECTIVENESS AND SCALABILITY TO BOOST MARKET
- 12.4 SERVICE-BASED/CARRIER-MANAGED
- 12.4.1 SHIFT TOWARD SUBSCRIPTION-DRIVEN QUANTUM CRYPTOGRAPHY FOR FASTER ROLLOUT
13 QUANTUM CRYPTOGRAPHY MARKET, BY ORGANIZATION SIZE
- 13.1 INTRODUCTION
- 13.1.1 ORGANIZATION SIZE: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 13.2 SMES
- 13.2.1 INCREASING ADOPTION OF CUSTOMIZED CLOUD-BASED SOLUTIONS TO DRIVE MARKET
- 13.3 LARGE ENTERPRISES
- 13.3.1 RISING NEED TO SAFEGUARD SENSITIVE DATA TO FUEL DEMAND
14 QUANTUM CRYPTOGRAPHY MARKET, BY VERTICAL
- 14.1 INTRODUCTION
- 14.1.1 VERTICAL: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 14.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
- 14.2.1 NEED TO PROTECT SENSITIVE AND PROPRIETARY INFORMATION TO DRIVE DEMAND
- 14.3 GOVERNMENT
- 14.3.1 STRENGTHENING GOVERNMENT CYBERSECURITY THROUGH QUANTUM-SECURE COMMUNICATION NETWORKS
- 14.4 DEFENSE & INTELLIGENCE
- 14.4.1 RISING FOCUS ON QUANTUM-RESISTANT NETWORKS TRANSFORMING DEFENSE COMMUNICATION SECURITY
- 14.5 HEALTHCARE
- 14.5.1 PREPARING HEALTH SYSTEMS FOR POST-QUANTUM ERA THROUGH QUANTUM-SAFE CRYPTOGRAPHY
- 14.6 TELECOMMUNICATIONS
- 14.6.1 5G/6G EVOLUTION DRIVING ADOPTION OF QUANTUM-SAFE CRYPTOGRAPHY IN TELECOM
- 14.7 DATA CENTERS
- 14.7.1 HIGH-CAPACITY OPTICAL NETWORKS BOOSTING QUANTUM CRYPTOGRAPHY INTEGRATION IN DATA CENTERS
- 14.8 AEROSPACE & TRANSPORTATION
- 14.8.1 INCREASING SATELLITE TRIALS AND SECURE TRANSPORT NETWORKS ACCELERATING QUANTUM CRYPTOGRAPHY ADOPTION
- 14.9 RESEARCH & ACADEMIA
- 14.9.1 UNIVERSITY-LED TESTBEDS PUSH QUANTUM CRYPTOGRAPHY TOWARD COMMERCIALIZATION
- 14.10 ENERGY & UTILITIES
- 14.10.1 IOT-DRIVEN MODERNIZATION OF UTILITY NETWORKS STRENGTHENING DEMAND FOR QUANTUM-RESILIENT SECURITY
- 14.11 OTHER VERTICALS
15 QUANTUM CRYPTOGRAPHY MARKET, BY REGION
- 15.1 INTRODUCTION
- 15.2 NORTH AMERICA
- 15.2.1 NORTH AMERICA: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 15.2.2 US
- 15.2.2.1 Rising research and development initiatives to drive market
- 15.2.3 CANADA
- 15.2.3.1 Government and private sector investments to boost market
- 15.3 EUROPE
- 15.3.1 EUROPE: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 15.3.2 UK
- 15.3.2.1 Increasing research in quantum technology to boost market
- 15.3.3 GERMANY
- 15.3.3.1 Rising government investments to fuel market
- 15.3.4 FRANCE
- 15.3.4.1 Rising investments and innovation to bolster market
- 15.3.5 ITALY
- 15.3.5.1 Strong technological base to drive innovation in market
- 15.3.6 REST OF EUROPE
- 15.4 ASIA PACIFIC
- 15.4.1 ASIA PACIFIC: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 15.4.2 CHINA
- 15.4.2.1 Extensive research activities to strengthen market
- 15.4.3 JAPAN
- 15.4.3.1 Strategic collaborations to propel market
- 15.4.4 INDIA
- 15.4.4.1 Significant government investments to bolster market
- 15.4.5 REST OF ASIA PACIFIC
- 15.5 MIDDLE EAST & AFRICA
- 15.5.1 MIDDLE EAST & AFRICA: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 15.5.2 GCC COUNTRIES
- 15.5.2.1 KSA
- 15.5.2.1.1 Collaborative efforts and investments to fuel market
- 15.5.2.2 UAE
- 15.5.2.2.1 Rising cybersecurity concerns to drive demand
- 15.5.2.3 Rest of GCC countries
- 15.5.3 SOUTH AFRICA
- 15.5.3.1 Growing government initiatives and research activities to bolster market
- 15.5.4 REST OF MIDDLE EAST & AFRICA
- 15.6 LATIN AMERICA
- 15.6.1 LATIN AMERICA: QUANTUM CRYPTOGRAPHY MARKET DRIVERS
- 15.6.2 BRAZIL
- 15.6.2.1 Increasing focus on safeguarding sensitive data to drive demand
- 15.6.3 MEXICO
- 15.6.3.1 Digital transformation in industries to fuel market
- 15.6.4 REST OF LATIN AMERICA
16 COMPETITIVE LANDSCAPE
- 16.1 KEY PLAYER COMPETITIVE STRATEGIES/RIGHT TO WIN, 2023-2025
- 16.2 REVENUE ANALYSIS, 2019-2024
- 16.3 MARKET SHARE ANALYSIS, 2024
- 16.4 BRAND COMPARISON
- 16.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 16.5.1 STARS
- 16.5.2 EMERGING LEADERS
- 16.5.3 PERVASIVE PLAYERS
- 16.5.4 PARTICIPANTS
- 16.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 16.5.5.1 Company footprint
- 16.5.5.2 Regional footprint
- 16.5.5.3 Solution footprint
- 16.5.5.4 Service footprint
- 16.5.5.5 Vertical footprint
- 16.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 16.6.1 PROGRESSIVE COMPANIES
- 16.6.2 RESPONSIVE COMPANIES
- 16.6.3 DYNAMIC COMPANIES
- 16.6.4 STARTING BLOCKS
- 16.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 16.6.5.1 Detailed list of key startups/SMEs
- 16.6.5.2 Competitive benchmarking of key startups/SMEs
- 16.7 COMPANY VALUATION AND FINANCIAL METRICS
- 16.7.1 COMPANY VALUATION, 2025
- 16.7.2 FINANCIAL METRICS USING EV/EBITDA, 2025
- 16.8 COMPETITIVE SCENARIO
- 16.8.1 PRODUCT LAUNCHES/ENHANCEMENTS
- 16.8.2 DEALS
17 COMPANY PROFILES
- 17.1 KEY PLAYERS
- 17.1.1 TOSHIBA
- 17.1.1.1 Business overview
- 17.1.1.2 Products/Solutions/Services offered
- 17.1.1.3 Recent developments
- 17.1.1.3.1 Product launches and enhancements
- 17.1.1.3.2 Deals
- 17.1.1.4 MnM view
- 17.1.1.4.1 Key strengths
- 17.1.1.4.2 Strategic choices
- 17.1.1.4.3 Weaknesses and competitive threats
- 17.1.2 NXP SEMICONDUCTORS
- 17.1.2.1 Business overview
- 17.1.2.2 Products/Solutions/Services offered
- 17.1.2.3 Recent developments
- 17.1.2.3.1 Product launches and enhancements
- 17.1.2.3.2 Deals
- 17.1.2.4 MnM view
- 17.1.2.4.1 Key strengths
- 17.1.2.4.2 Strategic choices
- 17.1.2.4.3 Weaknesses and competitive threats
- 17.1.3 THALES
- 17.1.3.1 Business overview
- 17.1.3.2 Products/Solutions/Services offered
- 17.1.3.3 Recent developments
- 17.1.3.3.1 Product launches and enhancements
- 17.1.3.3.2 Deals
- 17.1.3.4 MnM view
- 17.1.3.4.1 Key strengths
- 17.1.3.4.2 Strategic choices
- 17.1.3.4.3 Weaknesses and competitive threats
- 17.1.4 IDEMIA
- 17.1.4.1 Business overview
- 17.1.4.2 Products/Solutions/Services offered
- 17.1.4.3 Recent developments
- 17.1.4.3.1 Product launches and enhancements
- 17.1.4.3.2 Deals
- 17.1.4.4 MnM view
- 17.1.4.4.1 Key strengths
- 17.1.4.4.2 Strategic choices
- 17.1.4.4.3 Weaknesses and competitive threats
- 17.1.5 DIGICERT
- 17.1.5.1 Business overview
- 17.1.5.2 Products/Solutions/Services offered
- 17.1.5.3 Recent developments
- 17.1.6 QUINTESSENCELABS
- 17.1.6.1 Business overview
- 17.1.6.2 Products/Solutions/Services offered
- 17.1.6.3 Recent developments
- 17.1.7 QUANTUMCTEK
- 17.1.7.1 Business overview
- 17.1.7.2 Products/Solutions/Services offered
- 17.1.8 ISARA
- 17.1.8.1 Business overview
- 17.1.8.2 Products/Solutions/Services offered
- 17.1.8.3 Recent developments
- 17.1.9 IBM
- 17.1.9.1 Business overview
- 17.1.9.2 Products/Solutions/Services offered
- 17.1.9.3 Recent developments
- 17.1.9.3.1 Product launches and enhancements
- 17.1.9.3.2 Deals
- 17.1.10 ID QUANTIQUE
- 17.1.10.1 Business overview
- 17.1.10.2 Products/Solutions/Services offered
- 17.1.10.3 Recent developments
- 17.1.10.3.1 Product launches and enhancements
- 17.1.10.3.2 Deals
- 17.1.11 MAGIQ TECHNOLOGIES
- 17.1.11.1 Business overview
- 17.1.11.2 Products/Solutions/Services offered
- 17.1.12 CRYPTA LABS
- 17.1.12.1 Business overview
- 17.1.12.2 Products/Solutions/Services offered
- 17.1.12.3 Recent developments
- 17.1.13 QASKY
- 17.1.13.1 Business overview
- 17.1.13.2 Products/Solutions/Services offered
- 17.1.14 QUBITEKK
- 17.1.14.1 Business overview
- 17.1.14.2 Products/Solutions/Services offered
- 17.1.14.3 Recent developments
- 17.1.14.3.1 Product launches and enhancements
- 17.1.14.3.2 Deals
- 17.1.15 NUCRYPT
- 17.1.15.1 Business overview
- 17.1.15.2 Products/Solutions/Services offered
- 17.1.16 QUANTUM XCHANGE
- 17.1.16.1 Business overview
- 17.1.16.2 Products/Solutions/Services offered
- 17.1.16.3 Recent developments
- 17.1.16.3.1 Product launches and enhancements
- 17.1.16.3.2 Deals
- 17.1.17 EVIDEN
- 17.1.17.1 Business overview
- 17.1.17.2 Products/Solutions/Services offered
- 17.1.17.3 Recent developments
- 17.1.17.3.1 Product launches and enhancements
- 17.1.17.3.2 Deals
- 17.1.18 RAMBUS
- 17.1.18.1 Business overview
- 17.1.18.2 Products/Solutions/Services offered
- 17.1.18.3 Recent developments
- 17.1.18.3.1 Product launches and enhancements
- 17.1.19 INFINEON
- 17.1.19.1 Business overview
- 17.1.19.2 Products/Solutions/Services offered
- 17.1.19.3 Recent developments
- 17.2 OTHER KEY PLAYERS
- 17.2.1 QUTOOLS
- 17.2.2 QNU LABS
- 17.2.3 POST QUANTUM
- 17.2.4 HPE
- 17.2.5 CRYPTO QUANTIQUE
- 17.2.6 QRYPT
- 17.2.7 KETS QUANTUM SECURITY
- 17.2.8 PQSHIELD
- 17.2.9 QUBALT
- 17.2.10 VERIQLOUD
- 17.2.11 SSH COMMUNICATIONS SECURITY
- 17.2.12 HEQA SECURITY (FORMERLY QUANTLR)
- 17.2.13 QUSECURE
- 17.2.14 ORIGIN QUANTUM
- 17.2.15 QUANTINUUM
- 17.2.16 KUDELSKI SECURITY
- 17.2.17 FORTANIX
- 17.2.18 Q**BIRD
- 17.2.19 QUSIDE
18 RESEARCH METHODOLOGY
- 18.1 RESEARCH DATA
- 18.1.1 SECONDARY DATA
- 18.1.2 PRIMARY DATA
- 18.1.2.1 Breakup of primary profiles
- 18.1.2.2 Key industry insights
- 18.2 MARKET SIZE ESTIMATION
- 18.2.1 TOP-DOWN APPROACH
- 18.2.2 BOTTOM-UP APPROACH
- 18.3 MARKET FORECAST
- 18.4 RESEARCH ASSUMPTIONS
- 18.5 RESEARCH LIMITATIONS
19 ADJACENT MARKETS
- 19.1 INTRODUCTION
- 19.2 LIMITATIONS
- 19.3 QUANTUM COMPUTING MARKET
- 19.4 POST-QUANTUM CRYPTOGRAPHY MARKET
- 19.5 ENCRYPTION SOFTWARE MARKET
20 APPENDIX
- 20.1 DISCUSSION GUIDE
- 20.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 20.3 CUSTOMIZATION OPTIONS
- 20.4 RELATED REPORTS
- 20.5 AUTHOR DETAILS