Quantum Communication Market Report 2024-2034

Quantum Communication Market Report 2024-2034



The Quantum Communication Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Integration with Existing Communication Infrastructures

The integration of quantum communication technologies with existing communication infrastructures is a key driver for the global quantum communication market. One of the challenges of adopting new technologies is ensuring compatibility with current systems. Quantum communication technologies are being developed to work alongside classical communication networks, enabling a seamless transition and integration.

For example, hybrid systems that combine quantum key distribution (QKD) with traditional encryption methods can provide enhanced security without requiring a complete overhaul of existing communication infrastructures. Companies like ID Quantique and Quantum Xchange are developing solutions that can be integrated into current network infrastructures, making it easier for organisations to adopt quantum communication technologies. This compatibility reduces the barriers to adoption and allows for gradual implementation, facilitating market growth. As more organisations recognise the benefits of integrating quantum communication with their existing systems, the demand for these technologies is expected to rise, driving market expansion.

Building and Deploying Quantum Communication Infrastructure Requires Substantial Investment in both Capital and Expertise

One of the significant restraining factors in the quantum communication market is the substantial investment required for building and deploying the necessary infrastructure. Establishing a quantum communication network involves considerable capital expenditure, including the development of specialized hardware, such as quantum repeaters and quantum key distribution systems, and the integration of these components into existing communication networks. Additionally, the deployment of quantum communication technologies demands significant expertise in quantum mechanics, photonics, and advanced cryptographic protocols, which are not widely available.

What Questions Should You Ask before Buying a Market Research Report?
  • How is the quantum communication market evolving?
  • What is driving and restraining the quantum communication market?
  • How will each quantum communication submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each quantum communication submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading quantum communication markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the quantum communication projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of quantum communication projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the quantum communication market?
  • Where is the quantum communication market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the quantum communication market today, and over the next 10 years:
  • Our 396-page report provides 128 tables and 184 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the quantum communication market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects
  • In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising quantum communication prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Type
  • Free-Space QC
  • Fibre-Based QC
Market Segment by Component
  • Hardware
  • Software
  • Services
Market Segment by Application
  • Quantum Secure Messaging
  • Quantum Internet
  • Quantum Computing Networks
  • Other Applications
Market Segment by Product Type
  • Quantum Repeaters and Transceivers
  • Quantum Sensors
  • Quantum Cryptography Software
  • Quantum Network Management Software
  • Other Product Type
Market Segment by End-Users
  • IT and Cybersecurity
  • Banking and Finance
  • Government and Defence
  • Aerospace and Aviation
  • Telecommunications
  • Other End-Users
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America
  • U.S.
  • Canada
Europe
  • Germany
  • Spain
  • United Kingdom
  • France
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Quantum Communication Market, 2024 to 2034, with a focus on this segment of these companies’ operations.

Leading companies profiled in the report
  • Crypta Labs
  • ID Quantique
  • International Business Machines Corporation
  • M2 Optics Inc.
  • MagiQ Technologies, Inc.
  • NEC Corporation
  • Post-Quantum
  • PQ Solutions Limited
  • Quantum Xchange
  • Qubitekk
  • QuintessenceLabs
  • QuNu Labs
  • Qutools GmbH
  • Raytheon BBN
  • Toshiba Corporation
Overall world revenue for Quantum Communication Market, 2024 to 2034 in terms of value the market will surpass US$971.0 million in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Quantum Communication Market, 2024 to 2034 report help you?

In summary, our 390+ page report provides you with the following knowledge:
  • Revenue forecasts to 2034 for Quantum Communication Market, 2024 to 2034 Market, with forecasts for product type, component, application, end-users, and type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Quantum Communication Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Quantum Communication Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Quantum Communication Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.

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1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Quantum Communication Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who Is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Visiongain Reports
1.10 About Visiongain
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Rising Cyberattacks in Digitalization Era Driving the Market Growth
3.2.1.2 Secure Communication Techniques Driving the Market Growth
3.2.1.3 Growing Adoption of Cloud Computing, IoT, and Connected Devices
3.2.2 Market Restraining Factors
3.2.2.1 Building and Deploying Quantum Communication Infrastructure Requires Substantial Investment in both Capital and Expertise
3.2.2.2 Performance Limitations of Quantum Communication Hinder the Market Growth
3.2.2.3 Regulatory and Policy Issues Hinder the Market Growth
3.2.3 Market Opportunities
3.2.3.1 Increasing Investments from Venture Capitalists Opportunities for the Market Growth
3.2.3.2 Expanding Applications of Quantum Communication Opportunities Market Growth
3.2.3.3 Collaboration and Partnership Between Market Players
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining Power of Suppliers (High)
3.3.2 Bargaining Power of Buyers (Medium to High)
3.3.3 Competitive Rivalry (High)
3.3.4 Threat from Substitutes (Low)
3.3.5 Threat of New Entrants (Medium)
3.4 COVID-19 Impact Analysis
3.4.1 “V-Shaped Recovery”
3.4.2 “U-Shaped Recovery”
3.4.3 “W-Shaped Recovery”
3.4.4 “L-Shaped Recovery”
3.5 PEST Analysis
4 Quantum Communication Market Analysis by Type
4.1 Key Findings
4.2 Type Segment: Market Attractiveness Index
4.3 Quantum Communication Market Size Estimation and Forecast by Type
4.4 Free-Space QC
4.4.1 Market Size by Region, 2024-2034 (US$ Million)
4.4.2 Market Share by Region, 2024 & 2034 (%)
4.5 Fibre-Based QC
4.5.1 Market Size by Region, 2024-2034 (US$ Million)
4.5.2 Market Share by Region, 2024 & 2034 (%)
5 Quantum Communication Market Analysis by Component
5.1 Key Findings
5.2 Component Segment: Market Attractiveness Index
5.3 Quantum Communication Market Size Estimation and Forecast by Component
5.4 Hardware
5.4.1 Market Size by Region, 2024-2034 (US$ Million)
5.4.2 Market Share by Region, 2024 & 2034 (%)
5.5 Software
5.5.1 Market Size by Region, 2024-2034 (US$ Million)
5.5.2 Market Share by Region, 2024 & 2034 (%)
5.6 Services
5.6.1 Market Size by Region, 2024-2034 (US$ Million)
5.6.2 Market Share by Region, 2024 & 2034 (%)
6 Quantum Communication Market Analysis by Application
6.1 Key Findings
6.2 Application Segment: Market Attractiveness Index
6.3 Quantum Communication Market Size Estimation and Forecast by Application
6.4 Quantum Secure Messaging
6.4.1 Market Size by Region, 2024-2034 (US$ Million)
6.4.2 Market Share by Region, 2024 & 2034 (%)
6.5 Quantum Internet
6.5.1 Market Size by Region, 2024-2034 (US$ Million)
6.5.2 Market Share by Region, 2024 & 2034 (%)
6.6 Quantum Computing Networks
6.6.1 Market Size by Region, 2024-2034 (US$ Million)
6.6.2 Market Share by Region, 2024 & 2034 (%)
6.7 Other Applications
6.7.1 Market Size by Region, 2024-2034 (US$ Million)
6.7.2 Market Share by Region, 2024 & 2034 (%)
7 Quantum Communication Market Analysis by Product Type
7.1 Key Findings
7.2 Product Type Segment: Market Attractiveness Index
7.3 Quantum Communication Market Size Estimation and Forecast by Product Type
7.4 Quantum Repeaters and Transceivers
7.4.1 Market Size by Region, 2024-2034 (US$ Million)
7.4.2 Market Share by Region, 2024 & 2034 (%)
7.5 Quantum Sensors
7.5.1 Market Size by Region, 2024-2034 (US$ Million)
7.5.2 Market Share by Region, 2024 & 2034 (%)
7.6 Quantum Cryptography Software
7.6.1 Market Size by Region, 2024-2034 (US$ Million)
7.6.2 Market Share by Region, 2024 & 2034 (%)
7.7 Quantum Network Management Software
7.7.1 Market Size by Region, 2024-2034 (US$ Million)
7.7.2 Market Share by Region, 2024 & 2034 (%)
7.8 Other Product Type
7.8.1 Market Size by Region, 2024-2034 (US$ Million)
7.8.2 Market Share by Region, 2024 & 2034 (%)
8 Quantum Communication Market Analysis by End-Users
8.1 Key Findings
8.2 End-Users Segment: Market Attractiveness Index
8.3 Quantum Communication Market Size Estimation and Forecast by End-Users
8.4 IT and Cybersecurity
8.4.1 Market Size by Region, 2024-2034 (US$ Million)
8.4.2 Market Share by Region, 2024 & 2034 (%)
8.5 Banking and Finance
8.5.1 Market Size by Region, 2024-2034 (US$ Million)
8.5.2 Market Share by Region, 2024 & 2034 (%)
8.6 Government and Defence
8.6.1 Market Size by Region, 2024-2034 (US$ Million)
8.6.2 Market Share by Region, 2024 & 2034 (%)
8.7 Aerospace and Aviation
8.7.1 Market Size by Region, 2024-2034 (US$ Million)
8.7.2 Market Share by Region, 2024 & 2034 (%)
8.8 Telecommunications
8.8.1 Market Size by Region, 2024-2034 (US$ Million)
8.8.2 Market Share by Region, 2024 & 2034 (%)
8.9 Other End-Users
8.9.1 Market Size by Region, 2024-2034 (US$ Million)
8.9.2 Market Share by Region, 2024 & 2034 (%)
9 Quantum Communication Market Analysis by Region
9.1 Key Findings
9.2 Regional Market Size Estimation and Forecast
10 North America Quantum Communication Market Analysis
10.1 Key Findings
10.2 North America Quantum Communication Market Attractiveness Index
10.3 North America Quantum Communication Market by Country, 2024, 2029 & 2034 (US$ Million)
10.4 North America Quantum Communication Market Size Estimation and Forecast
10.5 North America Quantum Communication Market Size Estimation and Forecast by Country
10.6 North America Quantum Communication Market Size Estimation and Forecast by Type
10.7 North America Quantum Communication Market Size Estimation and Forecast by Component
10.8 North America Quantum Communication Market Size Estimation and Forecast by Application
10.9 North America Quantum Communication Market Size Estimation and Forecast by Product Type
10.10 North America Quantum Communication Market Size Estimation and Forecast by End-Users
10.11 U.S. Quantum Communication Market Analysis
10.12 Canada Quantum Communication Market Analysis
11 Europe Quantum Communication Market Analysis
11.1 Key Findings
11.2 Europe Quantum Communication Market Attractiveness Index
11.3 Europe Quantum Communication Market by Country, 2024, 2029 & 2034 (US$ Million)
11.4 Europe Quantum Communication Market Size Estimation and Forecast
11.5 Europe Quantum Communication Market Size Estimation and Forecast by Country
11.6 Europe Quantum Communication Market Size Estimation and Forecast by Type
11.7 Europe Quantum Communication Market Size Estimation and Forecast by Component
11.8 Europe Quantum Communication Market Size Estimation and Forecast by Application
11.9 Europe Quantum Communication Market Size Estimation and Forecast by Product Type
11.10 Europe Quantum Communication Market Size Estimation and Forecast by End-Users
11.11 Germany Quantum Communication Market Analysis
11.12 UK Quantum Communication Market Analysis
11.13 France Quantum Communication Market Analysis
11.14 Italy Quantum Communication Market Analysis
11.15 Spain Quantum Communication Market Analysis
11.16 Rest of Europe Quantum Communication Market Analysis
12 Asia-Pacific Quantum Communication Market Analysis
12.1 Key Findings
12.2 Asia-Pacific Quantum Communication Market Attractiveness Index
12.3 Asia-Pacific Quantum Communication Market by Country, 2024, 2029 & 2034 (US$ Million)
12.4 Asia-Pacific Quantum Communication Market Size Estimation and Forecast
12.5 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by Country
12.6 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by Type
12.7 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by Component
12.8 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by Application
12.9 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by Product Type
12.10 Asia-Pacific Quantum Communication Market Size Estimation and Forecast by End-Users
12.11 China Quantum Communication Market Analysis
12.12 India Quantum Communication Market Analysis
12.13 Japan Quantum Communication Market Analysis
12.14 South Korea Quantum Communication Market Analysis
12.15 Australia Quantum Communication Market Analysis
12.16 Rest of Asia-Pacific Quantum Communication Market Analysis
13 Middle East and Africa Quantum Communication Market Analysis
13.1 Key Findings
13.2 Middle East and Africa Quantum Communication Market Attractiveness Index
13.3 Middle East and Africa Quantum Communication Market by Country, 2024, 2029 & 2034 (US$ Million)
13.4 Middle East and Africa Quantum Communication Market Size Estimation and Forecast
13.5 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by Country
13.6 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by Type
13.7 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by Component
13.8 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by Application
13.9 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by Product Type
13.10 Middle East and Africa Quantum Communication Market Size Estimation and Forecast by End-Users
13.11 GCC Quantum Communication Market Analysis
13.12 South Africa Quantum Communication Market Analysis
13.13 Rest of Middle East & Africa Quantum Communication Market Analysis
14 Latin America Quantum Communication Market Analysis
14.1 Key Findings
14.2 Latin America Quantum Communication Market Attractiveness Index
14.3 Latin America Quantum Communication Market by Country, 2024, 2029 & 2034 (US$ Million)
14.4 Latin America Quantum Communication Market Size Estimation and Forecast
14.5 Latin America Quantum Communication Market Size Estimation and Forecast by Country
14.6 Latin America Quantum Communication Market Size Estimation and Forecast by Type
14.7 Latin America Quantum Communication Market Size Estimation and Forecast by Component
14.8 Latin America Quantum Communication Market Size Estimation and Forecast by Application
14.9 Latin America Quantum Communication Market Size Estimation and Forecast by Product Type
14.10 Latin America Quantum Communication Market Size Estimation and Forecast by End-Users
14.11 Brazil Quantum Communication Market Analysis
14.12 Mexico Quantum Communication Market Analysis
14.13 Rest of Latin America Quantum Communication Market Analysis
15 Company Profiles
15.1 Competitive Landscape, 2023
15.2 Strategic Outlook
15.3 ID Quantique
15.3.1 Company Snapshot
15.3.2 Company Overview
15.3.3 Product Benchmarking
15.3.4 Strategic Outlook
15.4 Toshiba Corporation
15.4.1 Company Snapshot
15.4.2 Company Overview
15.4.3 Financial Analysis
15.4.3.1 Net Revenue, 2019-2023
15.4.3.2 R&D, 2019-2023
15.4.3.3 Regional Revenue Share, 2023 (%)
15.4.3.4 Business Segment Revenue Share, 2023 (%)
15.4.4 Product Benchmarking
15.4.5 Strategic Outlook
15.5 International Business Machines Corporation
15.5.1 Company Snapshot
15.5.2 Company Overview
15.5.3 Financial Analysis
15.5.3.1 Net Revenue, 2019-2023
15.5.3.2 R&D, 2019-2023
15.5.3.3 Regional Revenue Share, 2023 (%)
15.5.3.4 Business Segment Revenue Share, 2023 (%)
15.5.4 Product Benchmarking
15.5.5 Strategic Outlook
15.6 QuintessenceLabs
15.6.1 Company Snapshot
15.6.2 Company Overview
15.6.3 Product Benchmarking
15.6.4 Strategic Outlook
15.7 NEC Corporation
15.7.1 Company Snapshot
15.7.2 Company Overview
15.7.3 Financial Analysis
15.7.3.1 Net Revenue, 2019-2023
15.7.3.2 R&D, 2019-2023
15.7.3.3 Business Segment Revenue Share, 2023 (%)
15.7.4 Product Benchmarking
15.7.5 Strategic Outlook
15.8 MagiQ Technologies, Inc
15.8.1 Company Snapshot
15.8.2 Company Overview
15.8.3 Product Benchmarking
15.9 Quantum Xchange
15.9.1 Company Snapshot
15.9.2 Company Overview
15.9.3 Product Benchmarking
15.9.4 Strategic Outlook
15.10 Qubitekk
15.10.1 Company Snapshot
15.10.2 Company Overview
15.10.3 Product Benchmarking
15.10.4 Strategic Outlook
15.11 Crypta Labs
15.11.1 Company Snapshot
15.11.2 Company Overview
15.11.3 Product Benchmarking
15.11.4 Strategic Outlook
15.12 Post-Quantum
15.12.1 Company Snapshot
15.12.2 Company Overview
15.12.3 Product Benchmarking
15.13 QuNu Labs
15.13.1 Company Snapshot
15.13.2 Company Overview
15.13.3 Product Benchmarking
15.13.4 Strategic Outlook
15.14 Qutools GmbH
15.14.1 Company Snapshot
15.14.2 Company Overview
15.14.3 Product Benchmarking
15.15 PQ Solutions Limited
15.15.1 Company Snapshot
15.15.2 Company Overview
15.15.3 Product Benchmarking
15.15.4 Strategic Outlook
15.16 M2 Optics Inc.
15.16.1 Company Snapshot
15.16.2 Company Overview
15.16.3 Product Benchmarking
15.17 Raytheon BBN
15.17.1 Company Snapshot
15.17.2 Company Overview
15.17.3 Financial Analysis
15.17.3.1 Net Revenue, 2019-2023
15.17.3.2 R&D, 2019-2023
15.17.3.3 Regional Revenue Share, 2023 (%)
15.17.3.4 Business Segment Revenue Share, 2023 (%)
15.17.4 Product Benchmarking
15.17.5 Strategic Outlook
16 Conclusion and Recommendations
16.1 Concluding Remarks from Visiongain
16.2 Recommendations for Market Players

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