Quantum Key Distribution (QKD) Market growth & size, future innovations & forecast by 2028

Quantum Key Distribution (QKD) Market: Introduction: -

Research Informatic has published a new report titled “Global Quantum Key Distribution (QKD) Market, 2017 – 2028”. The global quantum key distribution market is expected to grow at a CAGR of more than 18% in terms of value over the forecast period from 2022 to 2028, owing to rising cases of cyber security crimes.

Quantum key distribution (QKD) is one of two encryption systems meant to protect important data in the quantum era. In theory, QKD leads to data transfer that is innately unbreakable. It's a method of securing the distribution of symmetric encryption keys that employs quantum mechanics. Quantum Key Distribution (QKD) encrypts messages using physics rather than mathematics, which increases security. Any effort by an eavesdropper to examine the transmitted photons will disrupt the transmission, according to the various QKD protocols.

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Key-Findings from the Study

The global quantum key distribution market is anticipated to add 2.7X value by 2028 as compared to 2022
Software segment in terms of component is expected to gain traction during the forecast period
Medical segment as end-use industry segment is poised to grow with impressive growth rate.
North America is set to dominate market in terms of value during the forecast period

Competitive Rivalry:

The Quantum Key Distribution (QKD) Market report includes a full assessment of the competitive landscape, containing information about the major key players, their strategies for success in the market, and their economic growth.

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Quantum Key Distribution (QKD) Market: Competitive Landscape

The key players have a strong foothold in the market and offer a wide range of services. The players have adopted various organic as well as inorganic growth strategies. Quantum Key Distribution (QKD) market has a strongly consolidated competitive landscape, with the top companies accounting for the majority of revenue. Some of the key players in the global quantum key distribution (QKD) market include Hewlett-Packard Development Company, IBM Corporation, Microsoft Corporation, NEC Corporation, Nucrypt LLC, Infineon Technologies AG, MagiQ Technologies, Inc., Anhui Qasky Quantum Technology Co. Ltd., AUREA Technology, Crypta Labs Ltd., ID Quantique, QuantumCTek Co Ltd., QuantumXchange, Inc. and Qubitekk, Inc

Segmentation Analysis of the market

The Quantum Key Distribution (QKD) Market is segmented based on the product, type, end-users, and application. Segmentation is considered the most vital part of the report, which helps the reader understand the market in a précised way.

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Global Quantum Key Distribution (QKD) Market: Segmentation: -

Quantum Key Distribution (QKD) Market, by Component

Hardware

Server
Others

Services

Consulting Services
Deployment and Integration Services
Support and Maintenance Services

Software

Encryption
Transmission
Post-Quantum Cryptography
Crypto Libraries

Quantum Key Distribution (QKD) Market, by Category

Prepare-and-Measure Protocols
Entanglement-Based Protocols

Some Of the Table of Content on Global Quantum Key Distribution (QKD) Market

Executive Summary

Global Market Outlook
Demand Side Trends
Supply Side Trends
Recommendation and Analysis

Market Overview

Market Taxonomy
Market Definition Scope

Market Background and Foundation Data Points

TOC Continued…

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Reasons to buy report.

The report offers a depth analysis of the Quantum Key Distribution (QKD) Market by providing the definition application, and classifications.
The SWOT analysis and strategies of each vendor in the market are provided in the report.
It offers comprehensive insights into current Quantum Key Distribution (QKD) Market industry trends, trend forecast and growth drivers.
The report provides a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain a competitive landscape.

Conclusion:

The Quantum Key Distribution (QKD) Market report provides market estimates. It delivers point-by-point subjective information and insight historical data, and verified market size opinions. The assessments presented in the report were derived through support inquiry about procedures and induction. The Quantum Key Distribution (QKD) Market report as a result, gives us a lot of research and data for every sector of the market.

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