Quantum Key Distribution Market Growth 2018-2023


(LegalLaw247.com, December 12, 2018 ) Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security.

For the Quantum Key Distribution (QKD) market, the target clients are the government, financial companies, corporations, medium-sized business and universities. At the moment, sales of QKD systems appear to be restricted to certain high-end financial systems and classified government communications. In the previous year, Financial segment dominated the market with the share of 37.61%, followed by Government segment and Military & Defense segment, which accounted for the market of 30.90% and 27.16% respectively. Further development requires diversifying into new applications.

In the forecast period, the global Quantum Key Distribution (QKD) market size is estimated to grow to $4868.13 million by 2023 from $1712.41 million in 2018, growing at an estimated CAGR of 23.24% between 2018 and 2023. Ambitious plans for QKD networks exist in US (Battelle), Japan (NICT) and China (QuantumCTek).

According to this study, over the next five years the Quantum Key Distribution (QKD) market will register a 24.7% CAGR in terms of revenue, the global market size will reach US$ 4870 million by 2023, from US$ 1300 million in 2017. In particular, this report presents the global revenue market share of key companies in Quantum Key Distribution (QKD) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Quantum Key Distribution (QKD) market by product type, application, key companies and key regions.

This study considers the Quantum Key Distribution (QKD) value generated from the sales of the following segments:

Segmentation by product type:

Rigid 1-2Sided

Standard Multilayer

IC Substrate

Flexible Circuits

Rigid Flex


Segmentation by application:



Military & Defense

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

ID Quantique


Quintessence Labs

MagiQ Technologies




In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

The study objectives of this report are:
To study and forecast the market size of Quantum Key Distribution (PSIM) in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Content

2018-2023 Global Quantum Key Distribution (QKD) Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global Quantum Key Distribution (QKD) by Players

4 Quantum Key Distribution (QKD) by Regions

5 Americas


7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Quantum Key Distribution (QKD) Market Forecast

11 Key Players Analysis

11.1 ID Quantique

11.1.1 Company Details

11.1.2 Quantum Key Distribution (QKD) Product Offered

11.1.3 ID Quantique Quantum Key Distribution (QKD) Revenue, Gross Margin and Market Share (2016-2018)

11.1.4 Main Business Overview

11.1.5 ID Quantique News

11.2 SeQureNet

11.2.1 Company Details

11.2.2 Quantum Key Distribution (QKD) Product Offered

11.2.3 SeQureNet Quantum Key Distribution (QKD) Revenue, Gross Margin and Market Share (2016-2018)

11.2.4 Main Business Overview

11.2.5 SeQureNet News

11.3 Quintessence Labs

11.3.1 Company Details

11.3.2 Quantum Key Distribution (QKD) Product Offered

11.3.3 Quintessence Labs Quantum Key Distribution (QKD) Revenue, Gross Margin and Market Share (2016-2018)

11.3.4 Main Business Overview

11.3.5 Quintessence Labs News

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Rajat Sahni

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