Global Quantum Cryptography Market Growth (Status and Outlook) 2024-2030

This report studies the Quantum Cryptography market, Quantum cryptography uses physics instead of mathematics to encode messages, which provides greater security. Growing developments in Quantum Key Distribution, a core component of quantum cryptography, enhance the efficiency and reliability of secure key exchange. Innovations in QKD protocols make quantum cryptography more appealing for diverse industries seeking enhanced data security. A heightened recognition of the criticality of cybersecurity has resulted in regulatory endeavors aimed at reinforcing measures for safeguarding data. Initiatives within regulatory frameworks that endorse or require the integration of quantum cryptography serve as catalysts for the expansion of the market. Quantum Cryptography uses physics instead of mathematics to encode messages, which provides greater security.

The global Quantum Cryptography market size is projected to grow from US$ 1481 million in 2024 to US$ 9413 million in 2030; it is expected to grow at a CAGR of 36.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Quantum Cryptography Industry Forecast” looks at past sales and reviews total world Quantum Cryptography sales in 2022, providing a comprehensive analysis by region and market sector of projected Quantum Cryptography sales for 2023 through 2029. With Quantum Cryptography sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Quantum Cryptography industry.

This Insight Report provides a comprehensive analysis of the global Quantum Cryptography landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Quantum Cryptography portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Quantum Cryptography market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Quantum Cryptography and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Quantum Cryptography.

Global key players of Quantum Cryptography include MagiQ Technologies, ID Quantique, Quintessence Labs, etc. The top three players hold a share over 58%. North America is the largest market, and has a share about 42%, followed by Asia-Pacific and Europe with share 32% and 22%, separately. In terms of application, Financial has a share about 37 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Quantum Cryptography market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Solution
    Service

Segmentation by Application:
    Financial
    Government
    Military & Defense
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Solution
    Service

Segmentation by Application:
    Financial
    Government
    Military & Defense
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Toshiba
    MagiQ Technologies
    ID Quantique
    Quintessence Labs
    QuantumCTek
    Qasky
    Qudoor

List of Tables
 Table 1. Quantum Cryptography Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ millions)
 Table 2. Quantum Cryptography Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
 Table 3. Major Players of Solution
 Table 4. Major Players of Service
 Table 5. Quantum Cryptography Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ millions)
 Table 6. Global Quantum Cryptography Market Size by Type (2019-2024) & ($ millions)
 Table 7. Global Quantum Cryptography Market Size Market Share by Type (2019-2024)
 Table 8. Quantum Cryptography Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ millions)
 Table 9. Global Quantum Cryptography Market Size by Application (2019-2024) & ($ millions)
 Table 10. Global Quantum Cryptography Market Size Market Share by Application (2019-2024)
 Table 11. Global Quantum Cryptography Revenue by Player (2019-2024) & ($ millions)
 Table 12. Global Quantum Cryptography Revenue Market Share by Player (2019-2024)
 Table 13. Quantum Cryptography Key Players Head office and Products Offered
 Table 14. Quantum Cryptography Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
 Table 15. New Products and Potential Entrants
 Table 16. Mergers & Acquisitions, Expansion
 Table 17. Global Quantum Cryptography Market Size by Region (2019-2024) & ($ millions)
 Table 18. Global Quantum Cryptography Market Size Market Share by Region (2019-2024)
 Table 19. Global Quantum Cryptography Revenue by Country/Region (2019-2024) & ($ millions)
 Table 20. Global Quantum Cryptography Revenue Market Share by Country/Region (2019-2024)
 Table 21. Americas Quantum Cryptography Market Size by Country (2019-2024) & ($ millions)
 Table 22. Americas Quantum Cryptography Market Size Market Share by Country (2019-2024)
 Table 23. Americas Quantum Cryptography Market Size by Type (2019-2024) & ($ millions)
 Table 24. Americas Quantum Cryptography Market Size Market Share by Type (2019-2024)
 Table 25. Americas Quantum Cryptography Market Size by Application (2019-2024) & ($ millions)
 Table 26. Americas Quantum Cryptography Market Size Market Share by Application (2019-2024)
 Table 27. APAC Quantum Cryptography Market Size by Region (2019-2024) & ($ millions)
 Table 28. APAC Quantum Cryptography Market Size Market Share by Region (2019-2024)
 Table 29. APAC Quantum Cryptography Market Size by Type (2019-2024) & ($ millions)
 Table 30. APAC Quantum Cryptography Market Size by Application (2019-2024) & ($ millions)
 Table 31. Europe Quantum Cryptography Market Size by Country (2019-2024) & ($ millions)
 Table 32. Europe Quantum Cryptography Market Size Market Share by Country (2019-2024)
 Table 33. Europe Quantum Cryptography Market Size by Type (2019-2024) & ($ millions)
 Table 34. Europe Quantum Cryptography Market Size by Application (2019-2024) & ($ millions)
 Table 35. Middle East & Africa Quantum Cryptography Market Size by Region (2019-2024) & ($ millions)
 Table 36. Middle East & Africa Quantum Cryptography Market Size by Type (2019-2024) & ($ millions)
 Table 37. Middle East & Africa Quantum Cryptography Market Size by Application (2019-2024) & ($ millions)
 Table 38. Key Market Drivers & Growth Opportunities of Quantum Cryptography
 Table 39. Key Market Challenges & Risks of Quantum Cryptography
 Table 40. Key Industry Trends of Quantum Cryptography
 Table 41. Global Quantum Cryptography Market Size Forecast by Region (2025-2030) & ($ millions)
 Table 42. Global Quantum Cryptography Market Size Market Share Forecast by Region (2025-2030)
 Table 43. Global Quantum Cryptography Market Size Forecast by Type (2025-2030) & ($ millions)
 Table 44. Global Quantum Cryptography Market Size Forecast by Application (2025-2030) & ($ millions)
 Table 45. Toshiba Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 46. Toshiba Quantum Cryptography Product Offered
 Table 47. Toshiba Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 48. Toshiba Main Business
 Table 49. Toshiba Latest Developments
 Table 50. MagiQ Technologies Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 51. MagiQ Technologies Quantum Cryptography Product Offered
 Table 52. MagiQ Technologies Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 53. MagiQ Technologies Main Business
 Table 54. MagiQ Technologies Latest Developments
 Table 55. ID Quantique Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 56. ID Quantique Quantum Cryptography Product Offered
 Table 57. ID Quantique Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 58. ID Quantique Main Business
 Table 59. ID Quantique Latest Developments
 Table 60. Quintessence Labs Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 61. Quintessence Labs Quantum Cryptography Product Offered
 Table 62. Quintessence Labs Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 63. Quintessence Labs Main Business
 Table 64. Quintessence Labs Latest Developments
 Table 65. QuantumCTek Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 66. QuantumCTek Quantum Cryptography Product Offered
 Table 67. QuantumCTek Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 68. QuantumCTek Main Business
 Table 69. QuantumCTek Latest Developments
 Table 70. Qasky Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 71. Qasky Quantum Cryptography Product Offered
 Table 72. Qasky Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 73. Qasky Main Business
 Table 74. Qasky Latest Developments
 Table 75. Qudoor Details, Company Type, Quantum Cryptography Area Served and Its Competitors
 Table 76. Qudoor Quantum Cryptography Product Offered
 Table 77. Qudoor Quantum Cryptography Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 78. Qudoor Main Business
 Table 79. Qudoor Latest Developments


List of Figures
 Figure 1. Quantum Cryptography Report Years Considered
 Figure 2. Research Objectives
 Figure 3. Research Methodology
 Figure 4. Research Process and Data Source
 Figure 5. Global Quantum Cryptography Market Size Growth Rate 2019-2030 ($ millions)
 Figure 6. Quantum Cryptography Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
 Figure 7. Quantum Cryptography Sales Market Share by Country/Region (2023)
 Figure 8. Quantum Cryptography Sales Market Share by Country/Region (2019, 2023 & 2030)
 Figure 9. Global Quantum Cryptography Market Size Market Share by Type in 2023
 Figure 10. Quantum Cryptography in Financial
 Figure 11. Global Quantum Cryptography Market: Financial (2019-2024) & ($ millions)
 Figure 12. Quantum Cryptography in Government
 Figure 13. Global Quantum Cryptography Market: Government (2019-2024) & ($ millions)
 Figure 14. Quantum Cryptography in Military & Defense
 Figure 15. Global Quantum Cryptography Market: Military & Defense (2019-2024) & ($ millions)
 Figure 16. Quantum Cryptography in Others
 Figure 17. Global Quantum Cryptography Market: Others (2019-2024) & ($ millions)
 Figure 18. Global Quantum Cryptography Market Size Market Share by Application in 2023
 Figure 19. Global Quantum Cryptography Revenue Market Share by Player in 2023
 Figure 20. Global Quantum Cryptography Market Size Market Share by Region (2019-2024)
 Figure 21. Americas Quantum Cryptography Market Size 2019-2024 ($ millions)
 Figure 22. APAC Quantum Cryptography Market Size 2019-2024 ($ millions)
 Figure 23. Europe Quantum Cryptography Market Size 2019-2024 ($ millions)
 Figure 24. Middle East & Africa Quantum Cryptography Market Size 2019-2024 ($ millions)
 Figure 25. Americas Quantum Cryptography Value Market Share by Country in 2023
 Figure 26. United States Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 27. Canada Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 28. Mexico Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 29. Brazil Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 30. APAC Quantum Cryptography Market Size Market Share by Region in 2023
 Figure 31. APAC Quantum Cryptography Market Size Market Share by Type (2019-2024)
 Figure 32. APAC Quantum Cryptography Market Size Market Share by Application (2019-2024)
 Figure 33. China Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 34. Japan Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 35. South Korea Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 36. Southeast Asia Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 37. India Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 38. Australia Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 39. Europe Quantum Cryptography Market Size Market Share by Country in 2023
 Figure 40. Europe Quantum Cryptography Market Size Market Share by Type (2019-2024)
 Figure 41. Europe Quantum Cryptography Market Size Market Share by Application (2019-2024)
 Figure 42. Germany Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 43. France Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 44. UK Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 45. Italy Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 46. Russia Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 47. Middle East & Africa Quantum Cryptography Market Size Market Share by Region (2019-2024)
 Figure 48. Middle East & Africa Quantum Cryptography Market Size Market Share by Type (2019-2024)
 Figure 49. Middle East & Africa Quantum Cryptography Market Size Market Share by Application (2019-2024)
 Figure 50. Egypt Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 51. South Africa Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 52. Israel Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 53. Turkey Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 54. GCC Countries Quantum Cryptography Market Size Growth 2019-2024 ($ millions)
 Figure 55. Americas Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 56. APAC Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 57. Europe Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 58. Middle East & Africa Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 59. United States Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 60. Canada Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 61. Mexico Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 62. Brazil Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 63. China Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 64. Japan Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 65. Korea Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 66. Southeast Asia Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 67. India Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 68. Australia Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 69. Germany Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 70. France Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 71. UK Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 72. Italy Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 73. Russia Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 74. Egypt Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 75. South Africa Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 76. Israel Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 77. Turkey Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 78. GCC Countries Quantum Cryptography Market Size 2025-2030 ($ millions)
 Figure 79. Global Quantum Cryptography Market Size Market Share Forecast by Type (2025-2030)
 Figure 80. Global Quantum Cryptography Market Size Market Share Forecast by Application (2025-2030)

Toshiba
MagiQ Technologies
ID Quantique
Quintessence Labs
QuantumCTek
Qasky
Qudoor

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape