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Global Quantum Cryptography Solutions Market 2021-2025: Analysis, Drivers, Restraints, Opportunities, and Threats – Technavio


NEW YORK, May 6, 2021 /PRNewswire/ —

The quantum cryptography solutions market is expected to grow by USD 243.23 million, progressing at a CAGR of almost 24% during the forecast period. 

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The un-hackability of photons by laws of QM is one of the major factors propelling the market growth. However, factors such as high R&D and implementation costs will hamper the market growth.

More details: https://www.technavio.com/report/quantum-cryptography-solutions-market-industry-analysis

Quantum Cryptography Solutions Market: End-user Landscape

The adoption of quantum cryptography solutions in the defense segment is majorly driven by the need for a highly secure military weapon, surveillance, and communication systems to bolster the security interests in countries. Quantum cryptography will be able to provide distinct military and international diplomacy advantages in the post-quantum era. Military superpowers such as the US and China are increasingly funding and investments in developing quantum-safe technologies such as quantum cryptography. These factors are expected to further drive the global quantum cryptography solutions market in this segment. 

Quantum Cryptography Solutions Market: Geographic Landscape

41% of the market’s growth will originate from North America during the forecast period. The US is the key market for the quantum cryptography solutions market in North America. Market growth in this region will be slower than the growth of the market in APAC. North America is an early adopter of advanced technologies such as cognitive computing and machine learning which is primarily driving the quantum cryptography solutions market in the region. Moreover, the early adoption of such technologies has resulted in the comprehensive, advanced technology ecosystem in the region and extensive digitization across private as well as public sectors.

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Companies Covered:

  • Honeywell International Inc.
  • Infineon Technologies AG
  • International Business Machines Corp.
  • MagiQ Technologies Inc.
  • Quantum Xchange
  • Qubitekk Inc.
  • QuintessenceLabs Pvt. Ltd. 
  • Raytheon Technologies Corp.
  • SK Telecom Co. Ltd.
  • Toshiba Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Defense – Market size and forecast 2020-2025
  • Government and public sector – Market size and forecast 2020-2025
  • BFSI – Market size and forecast 2020-2025
  • Telecom – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Honeywell International Inc.
  • Infineon Technologies AG
  • International Business Machines Corp.
  • MagiQ Technologies Inc.
  • Quantum Xchange
  • Qubitekk Inc.
  • QuintessenceLabs Pvt. Ltd. 
  • Raytheon Technologies Corp.
  • SK Telecom Co. Ltd.
  • Toshiba Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: https://www.technavio.com/report/quantum-cryptography-solutions-market-industry-analysis

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