The Global Quantum Cryptography Market was valued at USD 89.75 Million in 2018 and is expected to witness a growth of 35.78% from 2019-2025 and reach USD 1,035.33 Million by 2025.
Quantum Cryptography Market: Growth Factor
It will take an hour to protect your company’s data from cyberattacks and will eventually lead the quantum crypto market. Cyber threats and cybercrime are also fueling market growth. Privacy concerns to protect sensitive data from hackers, evolving technologies, cloud storage acceptance, and other wireless networks further pave the way for the quantum encryption market. However, the market growth is limited by a lack of awareness and expertise in the quantum crypto market. Quantum computing theory and quantum advances are challenging the quantum crypto market. Quantum encryption has ample opportunities in the financial sector, pharmaceutical industry and IT sector. Because these sectors are constantly involved in creating big data that needs to be protected from cyber threats.
A full report of Quantum Cryptography Market is available at: https://www.orionmarketreports.com/quantum-cryptography-market/24132/
Quantum Cryptography Market Segmentation
By component:
• Solutions
• Services
By services:
• Consulting and advisory
• Deployment and integration
• Support and maintenance
By security type:
• Network security
• Application security
• By vertical:
• Government and defense
• BFSI
• Retail
• Healthcare
• Automotive
• Others (telecom, energy and utilities, logistics, and education)
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Quantum Cryptography Market Report
• What was the Quantum Cryptography Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Quantum Cryptography Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Quantum Cryptography Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
