Global Quantum Key Distribution (QKD) Market Size, Status and Forecast 2022

This report focuses on the Quantum Key Distribution (QKD) market. Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security.
The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as “BB84”. Five years later, they built the first QKD prototype system which was said to be “secure against any eavesdropper who happened to be deaf” as it made audible noises while encoding crypto key onto single photons.
From its relatively humble beginnings, QKD has gained global interest as a unique cybersecurity solution with active research groups across North America, Europe, Australia, and Asia.
The major players in global Quantum Key Distribution (QKD) market include ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky, etc. Top 3 companies occupied about 55% market share. Americas is the largest market with about 45% market share. APAC and Europe are follower, accounting for about 55% market share altogether. Financial is the main application, which holds a share about 35%.

Market Analysis and Insights: Global Quantum Key Distribution (QKD) Market
The global Quantum Key Distribution (QKD) market size is projected to reach US$ 4604.1 million by 2027, from US$ 1106 million in 2020, at a CAGR of 21.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Quantum Key Distribution (QKD) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Quantum Key Distribution (QKD) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Quantum Key Distribution (QKD) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Quantum Key Distribution (QKD) market.

Global Quantum Key Distribution (QKD) Scope and Market Size
Quantum Key Distribution (QKD) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Quantum Key Distribution (QKD) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Type I
Type II

Segment by Application
Financial
Government
Military & Defense
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ID Quantique
SeQureNet
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor