Global Quantum Key Distribution (QKD) Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

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 research report studies the Quantum Key Distribution (QKD) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Quantum Key Distribution (QKD) market size is projected to reach US$ 5066.8 million by 2027, from US$ 1106 million in 2020, at a CAGR of 23.5% during 2021-2027.

Global Quantum Key Distribution (QKD) Scope and Segment
The global 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 region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Rigid 1-2Sided
Standard Multilayer
HDI
IC Substrate
Flexible Circuits
Rigid Flex
Others

Segment by Application
Financial
Government
Military & Defense
Others

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

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