The main objective of the report is to define, describe, and forecast the quantum cryptography market size on the basis of component (hardware and services), application, organization size, vertical, and region. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
Pune, India -- (SBWIRE) -- 04/16/2018 -- The quantum cryptography provides advanced cryptographic systems that cannot be easily compromised. It allows two parties to share secret keys that are known only to them. The keys are used to encrypt and decrypt messages that the parties intend to share among each other. The major advantage of the quantum cryptographic system is that it allows the communicating users to detect any presence of third party this allows complete secrecy for the message being transferred in the system.
Global Quantum Cryptography Market size Estimated to Grow at a Compound Annual Growth Rate (CAGR) of +27% During Forecast Period
Banking and finance is the major sector prone to cyber-attack. Quantum Cryptography is used for protecting private information of data or cash related to their customers. This confidential data is highly susceptible to cyber-threats.
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Top Companies Profiled in this Report includes, ID Quantique (Switzerland), MagiQ Technologies (US), Nucrypt (US), Infineon Technologies (Germany), Qutools (Germany), QuintenssenceLabs (Australia), Crypta Labs (UK), PQ Solutions (UK), Qubitekk (US)
Quantum Cryptography Services market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
With growing IoT market, which encompasses IIoT, smart grids, smart cities, smart consumer wearables, smart appliances and smartphones, the need to secure data is also increasing, thereby paving way for quantum cryptography. Further, rising concerns for data security due to rapid surge in the number of cyber attacks over the past few years is expected to continue boosting the quantum cryptography market across the globe in the coming years.
The Quantum Cryptography market has been segmented on the basis of service, application, vertical, component and end user. The vertical segment is classified into banking and financial services, consumer goods and retail, government and defense, IT and telecom, healthcare and life sciences. The IT and telecom is expected to hold major share in the segment which is supported by increasing cyber-attacks and need for safety and security.
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Various factors are responsible behind the market's growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Quantum Cryptography Services market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market's trajectory between forecast periods.
The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global Quantum Cryptography Services market, and answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.
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Table of Contents
Global Quantum Cryptography Services Market Research Report
Chapter 1 Quantum Cryptography Services Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Quantum Cryptography Services Market Forecast