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.
Quantum Key Distribution Device Market contains market size and forecasts of Quantum Key Distribution (QKD) Device in global, including the following market information:
- Global Quantum Key Distribution (QKD) Device Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Quantum Key Distribution (QKD) Device Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Quantum Key Distribution (QKD) Device companies in 2021 (%)
The global Quantum Key Distribution (QKD) Device market was valued at 1469.6 million in 2021 and is projected to reach US$ 5316.6 million by 2028, at a CAGR of 20.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
First-generation QKD Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Quantum Key Distribution (QKD) Device include ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky and Qudoor, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Quantum Key Distribution (QKD) Device manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Quantum Key Distribution (QKD) Device Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Quantum Key Distribution (QKD) Device Market Segment Percentages, by Type, 2021 (%)
- First-generation QKD
- Second-generation QKD
Global Quantum Key Distribution (QKD) Device Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Quantum Key Distribution (QKD) Device Market Segment Percentages, by Application, 2021 (%)
- Financial
- Government
- Military & Defense
- Others
Global Quantum Key Distribution (QKD) Device Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Quantum Key Distribution (QKD) Device Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Quantum Key Distribution (QKD) Device revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Quantum Key Distribution (QKD) Device revenues share in global market, 2021 (%)
- Key companies Quantum Key Distribution (QKD) Device sales in global market, 2017-2022 (Estimated), (Unit)
- Key companies Quantum Key Distribution (QKD) Device sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ID Quantique
- SeQureNet
- Quintessence Labs
- MagiQ Technologies
- Toshiba
- QuantumCTek
- Qasky
- Qudoor
Industry Market Size
