Table of Content

1 INTRODUCTION 37
1.1 STUDY OBJECTIVES 37
1.2 MARKET DEFINITION 37
1.2.1 INCLUSIONS AND EXCLUSIONS 38
1.3 MARKET SCOPE 38
1.3.1 MARKET SEGMENTATION 39
1.3.2 YEARS CONSIDERED 40
1.4 CURRENCY CONSIDERED 40
1.5 STAKEHOLDERS 41
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
2.1.1 SECONDARY DATA 43
2.1.1.1 List of key secondary sources 44
2.1.2 PRIMARY DATA 44
2.1.2.1 Breakup of primaries 45
2.1.2.2 Key industry insights 45
2.2 DATA TRIANGULATION 46
2.3 MARKET SIZE ESTIMATION 46
2.3.1 TOP-DOWN APPROACH 47
2.3.2 BOTTOM-UP APPROACH 48
2.4 MARKET FORECAST 49
2.5 RESEARCH ASSUMPTIONS 50
2.6 STUDY LIMITATIONS 51
3 EXECUTIVE SUMMARY 52
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES FOR QUANTUM COMMUNICATION MARKET PLAYERS 55
4.2 QUANTUM COMMUNICATION MARKET, BY OFFERING 55
4.3 QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 56
4.4 QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 56
4.5 QUANTUM COMMUNICATION MARKET, BY NETWORK ENVIRONMENT 57
4.6 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 57
4.7 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 58
4.8 QUANTUM COMMUNICATION MARKET, BY VERTICAL 58
4.9 MARKET INVESTMENT SCENARIO 59
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5 MARKET OVERVIEW AND INDUSTRY TRENDS 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
5.2.1 DRIVERS 61
5.2.1.1 Increase in cyber threats boosting demand for robust quantum communication solutions 61
5.2.1.2 Increasing investment in quantum technology 62
5.2.1.3 Rise in adoption of quantum-safe/post-quantum cryptography (PQC) 62
5.2.1.4 Advancements in quantum sensing 63
5.2.2 RESTRAINTS 64
5.2.2.1 High implementation cost 64
5.2.2.2 Technological complexity 64
5.2.3 OPPORTUNITIES 65
5.2.3.1 Integration with emerging technologies 65
5.2.3.2 Emphasis on data protection and privacy 65
5.2.4 CHALLENGES 66
5.2.4.1 Regulatory and standardization challenges 66
5.2.4.2 Integration complexity 66
5.3 CASE STUDY ANALYSIS 67
5.3.1 HITACHI ENERGY AND ID QUANTIQUE TEAMED UP TO SECURE MISSION-CRITICAL NETWORKS USING QUANTUM ENCRYPTION 67
5.3.2 EPB, QUBITEKK, AND ALIRO JOINED FORCES TO ENABLE SECURE AND SCALABLE COMMUNICATION THROUGH EPB QUANTUM NETWORK 67
5.3.3 QUANTUM COMMUNICATIONS HUB IMPLEMENTED QKD ACROSS THE UKQN AND UKQNTEL NETWORKS TO CREATE SECURE QUANTUM COMMUNICATION 68
5.4 VALUE CHAIN ANALYSIS 69
5.4.1 TECHNOLOGY INFRASTRUCTURE PROVIDERS 69
5.4.2 QUANTUM COMMUNICATION SOLUTION AND SERVICE PROVIDERS 69
5.4.3 SYSTEM INTEGRATORS 70
5.4.4 DISTRIBUTION/RESELLERS/VALUE-ADDED RESELLERS 70
5.4.5 END USERS 70
5.5 QUANTUM COMMUNICATION ECOSYSTEM 70
5.6 IMPACT OF GENERATIVE AI ON QUANTUM COMMUNICATION MARKET 73
5.6.1 GENERATIVE AI 73
5.6.2 TOP USE CASES AND MARKET POTENTIAL IN
QUANTUM COMMUNICATION MARKET 73
5.6.2.1 Key use cases 74
5.6.3 IMPACT OF GENERATIVE AI ON INTERCONNECTED AND
ADJACENT ECOSYSTEMS 75
5.6.3.1 Quantum Cryptography 75
5.6.3.2 Quantum Networking 76
5.6.3.3 Quantum Photonics 76
5.6.3.4 Quantum Sensing 76
5.6.3.5 Quantum Computing 76
5.7 PORTER’S FIVE FORCES ANALYSIS 77
5.7.1 THREAT OF NEW ENTRANTS 78
5.7.2 THREAT OF SUBSTITUTES 78
5.7.3 BARGAINING POWER OF SUPPLIERS 78
5.7.4 BARGAINING POWER OF BUYERS 79
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 79
5.8 PRICING ANALYSIS 79
5.8.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING 80
5.8.2 INDICATIVE PRICING MODELS OF KEY VENDORS, BY HARDWARE 81
5.9 TECHNOLOGY ANALYSIS 81
5.9.1 KEY TECHNOLOGIES 82
5.9.1.1 Quantum Key Distribution (QKD) 82
5.9.1.2 Quantum Entanglement 82
5.9.1.3 Quantum Teleportation 82
5.9.2 COMPLEMENTARY TECHNOLOGIES 83
5.9.2.1 Post-quantum Cryptography (PQC) 83
5.9.2.2 Blockchain technology 83
5.9.2.3 Quantum Sensing 84
5.9.3 ADJACENT TECHNOLOGIES 84
5.9.3.1 AI/ML 84
5.9.3.2 Photonics and optics 85
5.10 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 85
5.11 PATENT ANALYSIS 86
5.12 TRADE ANALYSIS 89
5.13 TARIFF AND REGULATORY LANDSCAPE 91
5.13.1 TARIFF RELATED TO QUANTUM COMMUNICATION 91
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
5.13.3 KEY REGULATIONS 96
5.13.3.1 Payment Card Industry Data Security Standard (PCI–DSS) 96
5.13.3.2 Health Insurance Portability and Accountability Act (HIPAA) 96
5.13.3.3 Federal Information Security Management Act (FISMA) 96
5.13.3.4 Gramm-Leach-Bliley Act (GLBA) 96
5.13.3.5 Sarbanes-Oxley Act (SOX) 97
5.13.3.6 International Organization for Standardization (ISO) Standard 27001 97
5.13.3.7 European Union General Data Protection Regulation (EU GDPR) 97
5.13.3.8 California’s Privacy Rights Act (CPRA) 97
5.14 KEY STAKEHOLDERS & BUYING CRITERIA 98
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 98
5.14.2 BUYING CRITERIA 99
5.15 KEY CONFERENCES & EVENTS IN 2024–2025 100
5.16 INVESTMENT LANDSCAPE 101
5.16.1 QUANTUM COMMUNICATION APPLICATION COVERAGE 102
5.16.1.1 Secure Communications 102
5.16.1.2 Cryptographic Key Distribution 102
5.16.1.3 Data Centre Connectivity 102
5.16.1.4 Satellite Communication 102
5.16.1.5 Network Security 103
5.16.1.6 Blockchain Security 103
5.16.1.7 IoT Security 103
5.16.1.8 Digital Rights Management (DRM) and Intellectual Property (IP) 103
5.16.1.9 Financial Transaction Security 103
5.16.1.10 Secure Cloud Storage 104
5.16.1.11 Quantum Network Deployment 104
5.16.1.12 Critical Infrastructure Protection 104
5.16.1.13 Other Applications 104
6 QUANTUM COMMUNICATION MARKET, BY OFFERING 106
6.1 INTRODUCTION 107
6.1.1 OFFERING: QUANTUM COMMUNICATION MARKET DRIVERS 107
6.2 SOLUTIONS 108
6.2.1 QUANTUM COMMUNICATION COMPONENTS 110
6.2.1.1 Photon sources to be key quantum communication components in terms of growth prospects 110
6.2.1.2 Quantum memory 112
6.2.1.3 Photon sources 113
6.2.1.4 Quantum detectors 113
6.2.1.5 Quantum modulators & transceivers 114
6.2.1.6 Quantum repeaters 115
6.2.2 QUANTUM KEY DISTRIBUTION (QKD) SOLUTIONS 116
6.2.2.1 Leveraging quantum mechanics for unbreakable encryption keys 116
6.2.3 QUANTUM RANDOM NUMBER GENERATOR (QRNG) 117
6.2.3.1 Enhancing cryptographic security with QRNG hardware and software solutions 117
6.2.3.2 Hardware-based QRNG 119
6.2.3.3 Software-based QRNG 119
6.2.4 QUANTUM-SAFE CRYPTOGRAPHIC SOLUTIONS 120
6.2.4.1 Need for organizations to protect sensitive data and maintain integrity of secure communications in quantum-prevalent future 120
6.3 SERVICES 121
6.3.1 PROFESSIONAL SERVICES 123
6.3.1.1 Training & consulting services to help streamline quantum communication implementation 123
6.3.1.2 Training & Consulting 125
6.3.1.3 Deployment & Integration 126
6.3.1.4 Support & Maintenance 127
6.3.2 MANAGED SERVICES 128
6.3.2.1 Enhancing operational excellence with scalability and flexibility 128
7 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM 130
7.1 INTRODUCTION 131
7.1.1 TRANSMISSION MEDIUM: QUANTUM KEY DISTRIBUTION MARKET DRIVERS 132
7.2 FIBER-BASED QKD 132
7.2.1 LEVERAGING ESTABLISHED INFRASTRUCTURE TO SECURELY TRANSMIT QUANTUM INFORMATION OVER CONSIDERABLE DISTANCES 132
7.3 FREE-SPACE/SATELLITE-BASED QKD 133
7.3.1 EXPANDING QUANTUM SECURITY ON GLOBAL-SCALE WITH SATELLITE-BASED QKD 133
8 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 135
8.1 INTRODUCTION 136
8.1.1 DEPLOYMENT MODE: QUANTUM COMMUNICATION MARKET DRIVERS 137
8.2 ON-PREMISES 137
8.2.1 PARTICULARLY FAVORED BY SECTORS WHERE STRINGENT SECURITY AND COMPLIANCE DEMAND ENHANCED DATA PROTECTION 137
8.3 CLOUD 138
8.3.1 DEMAND FROM WIDE RANGE OF INDUSTRIES THAT REQUIRE SECURE COMMUNICATION BUT PREFER INFRASTRUCTURE THAT IS NOT IN-HOUSE 138
9 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 140
9.1 INTRODUCTION 141
9.1.1 ORGANIZATION SIZE: QUANTUM COMMUNICATION MARKET DRIVERS 142
9.2 SMES 142
9.2.1 QAAS AND OTHER CLOUD OFFERINGS ALLOW SMES TO ACCESS ADVANCED QUANTUM TECHNOLOGIES WITHOUT SPECIALIZED EXPERTISE 142
9.3 LARGE ENTERPRISES 143
9.3.1 RISING ADOPTION OF QUANTUM COMMUNICATION SOLUTIONS BY LARGE ENTERPRISES FOR ENHANCED SECURITY 143
10 QUANTUM COMMUNICATION MARKET, BY VERTICAL 145
10.1 INTRODUCTION 146
10.1.1 VERTICAL: QUANTUM COMMUNICATION MARKET DRIVERS 147
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 148
10.2.1 NEED FOR TO PROTECT SENSITIVE AND PROPRIETARY INFORMATION OF CLIENTS 148
10.3 GOVERNMENT & DEFENSE 149
10.3.1 NEED TO PROTECT CRITICAL GOVERNMENT AND CITIZEN-RELATED DATA 149
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10.4 HEALTHCARE 151
10.4.1 STRICT PRIVACY REGULATIONS TO SECURE PATIENTS’ PERSONAL AND CRITICAL HEALTH INFORMATION 151
10.5 AEROSPACE 152
10.5.1 INVESTMENT BY AEROSPACE COMPANIES AND SPACE AGENCIES TO PROTECT CRITICAL ASSETS FROM POTENTIAL QUANTUM-BASED CYBERATTACKS 152
10.6 IT & TELECOMMUNICATIONS 153
10.6.1 STRENGTHENING IT & TELECOMMUNICATIONS SECURITY THROUGH QUANTUM COMMUNICATION ADOPTION 153
10.7 ENERGY & UTILITIES 154
10.7.1 RISE IN CYBER THREATS TARGETING POWER GRIDS AND UTILITY SYSTEMS AND NEED TO OPTIMIZE ENERGY DISTRIBUTION 154
10.8 ACADEMIA & RESEARCH 155
10.8.1 NEED TO PROTECT SENSITIVE RESEARCH DATA AND INTELLECTUAL PROPERTY 155
10.9 OTHER VERTICALS 156
11 QUANTUM COMMUNICATION MARKET, BY REGION 158
11.1 INTRODUCTION 159
11.2 NORTH AMERICA 160
11.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK 161
11.2.2 NORTH AMERICA: QUANTUM COMMUNICATION MARKET DRIVERS 161
11.2.3 US 169
11.2.3.1 Policy support by US government and investments by leading companies 169
11.2.4 CANADA 174
11.2.4.1 Government support through policies such as National Quantum Strategy and investments 174
11.3 EUROPE 179
11.3.1 EUROPE: MACROECONOMIC OUTLOOK 179
11.3.2 EUROPE: QUANTUM COMMUNICATION MARKET DRIVERS 180
11.3.3 UK 187
11.3.3.1 Government funding for QKD projects through National Quantum Technologies Programme 187
11.3.4 GERMANY 192
11.3.4.1 Germany’s key role in EroQCI initiative and projects commercializing quantum communication 192
11.3.5 FRANCE 197
11.3.5.1 Active role in EuroQCI and establishment of National Quantum Strategy 197
11.3.6 ITALY 202
11.3.6.1 Notable initiatives such as Quantum Internet Initiative and Quantum Flagship keep Italy competitive in European landscape 202
11.3.7 REST OF EUROPE 207
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11.4 ASIA PACIFIC 212
11.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK 212
11.4.2 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET DRIVERS 212
11.4.3 CHINA 219
11.4.3.1 Launch of quantum satellite and collaborations to build secure long-distant quantum networks 219
11.4.4 JAPAN 224
11.4.4.1 Strategic investments in quantum communication by government and leading players 224
11.4.5 INDIA 229
11.4.5.1 Government focus on National Mission on Quantum Technologies and Applications 229
11.4.6 SINGAPORE 234
11.4.6.1 Initiatives such as Quantum Engineering Program and collaborations with international partners in Europe and US 234
11.4.7 REST OF ASIA PACIFIC 239
11.5 MIDDLE EAST & AFRICA 244
11.5.1 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 244
11.5.2 MIDDLE EAST & AFRICA: QUANTUM COMMUNICATION MARKET DRIVERS 244
11.5.3 GCC COUNTRIES 251
11.5.3.1 UAE 251
11.5.3.1.1 Investments from leading companies to drive deployment of QKD systems 251
11.5.3.2 KSA 252
11.5.3.2.1 National security research by KACST, infrastructure improvement under STC, and Vision 2030 252
11.5.3.3 Rest of GCC 252
11.5.4 SOUTH AFRICA 252
11.5.4.1 Government initiatives including National Integrated Cyber Security Strategy, National Cybersecurity Hub, and Quantum Computing and Quantum Cryptography Research Group 252
11.5.5 REST OF THE MIDDLE EAST & AFRICA 253
11.6 LATIN AMERICA 253
11.6.1 LATIN AMERICA: MACROECONOMIC OUTLOOK 253
11.6.2 LATIN AMERICA: QUANTUM COMMUNICATION MARKET DRIVERS 254
11.6.3 BRAZIL 260
11.6.3.1 Government investment and robust academic and industrial collaboration over quantum technologies 260
11.6.4 MEXICO 260
11.6.4.1 Fostering quantum communication growth through innovation and collaborative research 260
11.6.5 REST OF LATIN AMERICA 260
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12 COMPETITIVE LANDSCAPE 261
12.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 261
12.2 REVENUE ANALYSIS 262
12.3 MARKET SHARE ANALYSIS 264
12.4 BRAND COMPARISON 267
12.4.1 TOSHIBA 267
12.4.2 THALES 267
12.4.3 IDEMIA 268
12.4.4 ID QUANTIQUE 268
12.4.5 QUINTESSENCELABS 268
12.5 COMPANY VALUATION AND FINANCIAL METRICS 268
12.5.1 COMPANY VALUATION 268
12.5.2 FINANCIAL METRICS USING EV/EBITDA 269
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 269
12.6.1 STARS 270
12.6.2 EMERGING LEADERS 270
12.6.3 PERVASIVE PLAYERS 270
12.6.4 PARTICIPANTS 270
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 272
12.6.5.1 Company footprint 272
12.6.5.2 Solution footprint 273
12.6.5.3 Vertical footprint 275
12.6.5.4 Region footprint 276
12.7 COMPANY EVALUATION MATRIX: STARTUPS, 2023 277
12.7.1 PROGRESSIVE COMPANIES 277
12.7.2 RESPONSIVE COMPANIES 277
12.7.3 DYNAMIC COMPANIES 277
12.7.4 STARTING BLOCKS 277
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 279
12.7.5.1 Detailed list of key startups/SMEs 279
12.7.5.2 Competitive benchmarking of key startups/SMEs 280
12.8 COMPETITIVE SCENARIO 282
12.8.1 PRODUCT LAUNCHES 282
12.8.2 DEALS 285
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13 COMPANY PROFILES 288
13.1 KEY PLAYERS 288
13.1.1 TOSHIBA 288
13.1.1.1 Business overview 288
13.1.1.2 Products/Solutions/Services offered 289
13.1.1.3 Recent developments 290
13.1.1.3.1 Product launches 290
13.1.1.3.2 Deals 291
13.1.1.4 MnM view 293
13.1.1.4.1 Key strengths 293
13.1.1.4.2 Strategic choices 293
13.1.1.4.3 Weaknesses and competitive threats 293
13.1.2 THALES 294
13.1.2.1 Business overview 294
13.1.2.2 Products/Solutions/Services offered 295
13.1.2.3 Recent developments 296
13.1.2.3.1 Product launches 296
13.1.2.3.2 Deals 298
13.1.2.4 MnM view 298
13.1.2.4.1 Key strengths 298
13.1.2.4.2 Strategic choices 299
13.1.2.4.3 Weaknesses and competitive threats 299
13.1.3 IDEMIA 300
13.1.3.1 Business overview 300
13.1.3.2 Products/Solutions/Services offered 300
13.1.3.3 Recent developments 301
13.1.3.3.1 Product launches 301
13.1.3.3.2 Deals 302
13.1.3.4 MnM view 303
13.1.3.4.1 Key strengths 303
13.1.3.4.2 Strategic choices 303
13.1.3.4.3 Weaknesses and competitive threats 303
13.1.4 ID QUANTIQUE 304
13.1.4.1 Business overview 304
13.1.4.2 Products/Solutions/Services offered 304
13.1.4.3 Recent developments 308
13.1.4.3.1 Product launches 308
13.1.4.3.2 Deals 309
13.1.4.4 MnM view 311
13.1.4.4.1 Key strengths 311
13.1.4.4.2 Strategic choices 311
13.1.4.4.3 Weaknesses and competitive threats 312
13.1.5 QUINTESSENCELABS 313
13.1.5.1 Business overview 313
13.1.5.2 Products/Solutions/Services offered 313
13.1.5.3 Recent developments 314
13.1.5.3.1 Deals 314
13.1.5.4 MnM view 315
13.1.5.4.1 Key strengths 315
13.1.5.4.2 Strategic choices 315
13.1.5.4.3 Weaknesses and competitive threats 315
13.1.6 QUANTUMCTEK 316
13.1.6.1 Business overview 316
13.1.6.2 Products/Solutions/Services offered 316
13.1.7 MAGIQ TECHNOLOGIES 321
13.1.7.1 Business overview 321
13.1.7.2 Products/Solutions/Services offered 321
13.1.8 CRYPTA LABS 323
13.1.8.1 Business overview 323
13.1.8.2 Products/Solutions/Services offered 323
13.1.8.3 Recent developments 324
13.1.8.3.1 Deals 324
13.1.9 QUANTUM XCHANGE 325
13.1.9.1 Business overview 325
13.1.9.2 Products/Solutions/Services offered 325
13.1.9.3 Recent developments 326
13.1.9.3.1 Product launches 326
13.1.9.3.2 Deals 327
13.1.10 QUBITEKK 329
13.1.10.1 Business overview 329
13.1.10.2 Products/Solutions/Services offered 329
13.1.10.3 Recent developments 330
13.1.10.3.1 Product launches 330
13.1.10.3.2 Deals 331
13.2 OTHER KEY PLAYERS 332
13.2.1 QEYNET 332
13.2.2 QULABS 333
13.2.3 QUANTROPI 334
13.2.4 QIKE QUANTUM 335
13.2.5 QTI S.R.L. 336
13.2.6 NODEQ 337
13.2.7 THINKQUANTUM 338
13.2.8 ARQIT 339
13.2.9 ALIRO QUANTUM 340
13.2.10 NUCRYPT 341
13.2.11 QUANTUM OPUS 342
13.2.12 KI3 PHOTONICS 343
13.2.13 MIRAEX 344
13.2.14 S-FIFTEEN INSTRUMENTS 345
13.2.15 HEQA SECURITY (FORMERLY QUANTLR) 346
13.2.16 QPHOX 347
13.2.17 QUNNECT 348
13.2.18 SPEQTRAL 349
13.2.19 LUXQUANTA 350
14 ADJACENT MARKETS 351
14.1 INTRODUCTION TO ADJACENT MARKETS 351
14.1.1 LIMITATIONS 351
14.2 QUANTUM CRYPTOGRAPHY MARKET 351
14.3 QUANTUM NETWORKING MARKET 356
15 APPENDIX 359
15.1 DISCUSSION GUIDE 359
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 363
15.3 CUSTOMIZATION OPTIONS 365
15.4 RELATED REPORTS 365
15.5 AUTHOR DETAILS 366



List of Figures

FIGURE 1 QUANTUM COMMUNICATION MARKET SEGMENTATION 39
FIGURE 2 STUDY YEARS CONSIDERED 40
FIGURE 3 QUANTUM COMMUNICATION MARKET: RESEARCH DESIGN 43
FIGURE 4 BREAKUP OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION 45
FIGURE 5 KEY INDUSTRY INSIGHTS 45
FIGURE 6 QUANTUM COMMUNICATION MARKET: DATA TRIANGULATION 46
FIGURE 7 QUANTUM COMMUNICATION MARKET ESTIMATION: RESEARCH FLOW 47
FIGURE 8 APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOLUTIONS/SERVICES OF
QUANTUM COMMUNICATION VENDORS 48
FIGURE 9 APPROACH 2: BOTTOM UP (DEMAND SIDE): SOLUTIONS/SERVICES 49
FIGURE 10 STUDY LIMITATIONS 51
FIGURE 11 GLOBAL QUANTUM COMMUNICATION MARKET SIZE AND Y-O-Y
GROWTH RATE, 2023–2030 53
FIGURE 12 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024 54
FIGURE 13 INCREASE IN VOLUME OF DATA BREACHES AND CYBERATTACKS ACROSS VARIOUS SECTORS TO BOOST QUANTUM COMMUNICATION MARKET GROWTH 55
FIGURE 14 QUANTUM COMMUNICATION SOLUTIONS TO ACCOUNT FOR SIGNIFICANTLY LARGER MARKET DURING FORECAST PERIOD 55
FIGURE 15 QUANTUM KEY DISTRIBUTION (QKD) SOLUTIONS TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 56
FIGURE 16 PROFESSIONAL SERVICES TO BE PREFERRED DURING FORECAST PERIOD 56
FIGURE 17 FIBER-BASED QKD SEGMENT TO ACCOUNT FOR DOMINANT MARKET DURING FORECAST PERIOD 57
FIGURE 18 ON-PREMISE DEPLOYMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 57
FIGURE 19 ADOPTION BY LARGE ENTERPRISES TO BE PREFERRED DURING
FORECAST PERIOD 58
FIGURE 20 BFSI VERTICAL TO BE LARGEST MARKET DURING FORECAST PERIOD 58
FIGURE 21 EUROPE TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 59
FIGURE 22 QUANTUM COMMUNICATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
FIGURE 23 VALUE CHAIN ANALYSIS 69
FIGURE 24 QUANTUM COMMUNICATION MARKET: ECOSYSTEM 71
FIGURE 25 POTENTIAL OF GENERATIVE AI IN ENHANCING QUANTUM COMMUNICATION ACROSS INDUSTRIES 74
FIGURE 26 IMPACT OF GENERATIVE AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS 75
FIGURE 27 QUANTUM COMMUNICATION MARKET: PORTER’S FIVE FORCES ANALYSIS 77
FIGURE 28 AVERAGE SELLING PRICE TREND OF QUANTUM COMMUNICATIONS SOLUTIONS OFFERED BY KEY PLAYERS, 2023 (USD) 80
FIGURE 29 QUANTUM COMMUNICATION MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 85
FIGURE 30 LIST OF MAJOR PATENTS FOR QUANTUM COMMUNICATION 86
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED FOR QUANTUM
COMMUNICATION MARKET 87
FIGURE 32 IMPORT DATA FOR HS CODE 9013, BY KEY COUNTRY, 2019–2023 (USD MILLION) 89
FIGURE 33 EXPORT DATA FOR HS CODE 9013, BY KEY COUNTRY, 2019–2023 (USD MILLION) 90
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS ACROSS
TOP THREE VERTICALS 98
FIGURE 35 KEY BUYING CRITERIA ACROSS TOP THREE VERTICALS 99
FIGURE 36 LEADING GLOBAL QUANTUM COMMUNICATION NUMBER OF INVESTORS AND FUNDING ROUNDS OF COMPANIES (USD MILLION) 101
FIGURE 37 QUANTUM COMMUNICATION SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 107
FIGURE 38 QUANTUM-SAFE CRYPTOGRAPHIC SOLUTIONS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 108
FIGURE 39 PHOTON SOURCES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 110
FIGURE 40 SOFTWARE-BASED QRNG SOLUTIONS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 117
FIGURE 41 PROFESSIONAL SERVICES TO LEAD MARKET DURING FORECAST PERIOD 122
FIGURE 42 DEPLOYMENT & INTEGRATION SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 124
FIGURE 43 FIBER-BASED QKD SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 131
FIGURE 44 ON-PREMISES DEPLOYMENT TO LEAD MARKET DURING FORECAST PERIOD 136
FIGURE 45 LARGE ENTERPRISES TO DOMINATE MARKET DURING FORECAST PERIOD 141
FIGURE 46 BFSI SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 146
FIGURE 47 EUROPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 159
FIGURE 48 NORTH AMERICA: MARKET SNAPSHOT 162
FIGURE 49 EUROPE: MARKET SNAPSHOT 180
FIGURE 50 SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2019–2023 (USD MILLION) 263
FIGURE 51 SHARE OF LEADING COMPANIES IN QUANTUM COMMUNICATION MARKET, 2023 264
FIGURE 52 QUANTUM COMMUNICATION MARKET: COMPARISON OF VENDORS’ BRANDS 267
FIGURE 53 QUANTUM COMMUNICATION MARKET: COMPANY VALUATION OF KEY VENDORS (USD BILLION), 2024 268
FIGURE 54 QUANTUM COMMUNICATION MARKET: FINANCIAL METRICS OF
KEY VENDORS, 2024 269
FIGURE 55 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 271
FIGURE 56 QUANTUM COMMUNICATION MARKET: COMPANY FOOTPRINT, 2023 272
FIGURE 57 COMPANY EVALUATION MATRIX: STARTUPS, 2023 278
FIGURE 58 TOSHIBA: COMPANY SNAPSHOT 289
FIGURE 59 THALES: COMPANY SNAPSHOT 295

List of Tables

TABLE 1 INCLUSIONS AND EXCLUSIONS 38
TABLE 2 USD EXCHANGE RATES, 2020–2023 41
TABLE 3 LIST OF KEY SECONDARY SOURCES 44
TABLE 4 FACTOR ANALYSIS 50
TABLE 5 RESEARCH ASSUMPTIONS 50
TABLE 6 QUANTUM COMMUNICATION MARKET SIZE AND GROWTH RATE 2023–2030 (USD MILLION, Y-O-Y PERCENTAGE) 53
TABLE 7 QUANTUM COMMUNICATION MARKET: ECOSYSTEM 72
TABLE 8 PORTER’S FIVE FORCES IMPACT ON THE QUANTUM COMMUNICATION MARKET 77
TABLE 9 PRICING RANGE OF QUANTUM COMMUNICATIONS SOLUTIONS OFFERED BY KEY PLAYERS, 2023 (USD) 80
TABLE 10 PRICING MODELS OF ID QUANTIQUE 81
TABLE 11 PRICING MODELS OF S-FIFTEEN INSTRUMENTS 81
TABLE 12 LIST OF MAJOR PATENTS 87
TABLE 13 IMPORT DATA FOR HS CODE 9013, BY COUNTRY, 2019–2023 (USD MILLION) 89
TABLE 14 EXPORT DATA FOR HS CODE 9013, BY COUNTRY, 2019–2023 (USD MILLION) 90
TABLE 15 AVERAGE TARIFF RELATED TO QUANTUM COMMUNICATION SOLUTIONS, 2023 91
TABLE 16 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 92
TABLE 17 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 93
TABLE 18 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 94
TABLE 19 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 20 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS ACROSS TOP THREE VERTICALS 98
TABLE 21 KEY BUYING CRITERIA ACROSS TOP THREE VERTICALS 99
TABLE 22 QUANTUM COMMUNICATION MARKET: DETAILED LIST OF
CONFERENCES & EVENTS 100
TABLE 23 QUANTUM COMMUNICATION MARKET, BY OFFERING, 2020–2023 (USD MILLION) 108
TABLE 24 QUANTUM COMMUNICATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 108
TABLE 25 QUANTUM COMMUNICATION MARKET, BY SOLUTION, 2020–2023 (USD MILLION) 109
TABLE 26 QUANTUM COMMUNICATION MARKET, BY SOLUTION, 2024–2030 (USD MILLION) 109
TABLE 27 QUANTUM COMMUNICATION SOLUTIONS MARKET, BY REGION 2020–2023 (USD MILLION) 109
TABLE 28 QUANTUM COMMUNICATION SOLUTIONS MARKET, BY REGION 2024–2030 (USD MILLION) 110
TABLE 29 QUANTUM COMMUNICATION COMPONENT MARKET, BY TYPE 2020–2023 (USD MILLION) 111
TABLE 30 QUANTUM COMMUNICATION COMPONENT MARKET, BY TYPE 2024–2030 (USD MILLION) 111
TABLE 31 QUANTUM COMMUNICATION COMPONENT MARKET, BY REGION 2020–2023 (USD MILLION) 111
TABLE 32 QUANTUM COMMUNICATION COMPONENT MARKET, BY REGION 2024–2030 (USD MILLION) 112
TABLE 33 QUANTUM MEMORY MARKET, BY REGION, 2020–2023 (USD MILLION) 112
TABLE 34 QUANTUM MEMORY MARKET, BY REGION, 2024–2030 (USD MILLION) 112
TABLE 35 PHOTON SOURCES MARKET, BY REGION, 2020–2023 (USD MILLION) 113
TABLE 36 PHOTON SOURCES MARKET, BY REGION, 2024–2030 (USD MILLION) 113
TABLE 37 QUANTUM DETECTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 38 QUANTUM DETECTORS MARKET, BY REGION, 2024–2030 (USD MILLION) 114
TABLE 39 QUANTUM MODULATORS & TRANSCEIVERS MARKET, BY REGION 2020–2023 (USD MILLION) 114
TABLE 40 QUANTUM MODULATORS & TRANSCEIVERS MARKET, BY REGION 2024–2030 (USD MILLION) 115
TABLE 41 QUANTUM REPEATERS MARKET, BY REGION, 2020–2023 (USD MILLION) 115
TABLE 42 QUANTUM REPEATERS MARKET, BY REGION, 2024–2030 (USD MILLION) 115
TABLE 43 QUANTUM KEY DISTRIBUTION (QKD) SOLUTIONS MARKET, BY REGION 2020–2023 (USD MILLION) 116
TABLE 44 QUANTUM KEY DISTRIBUTION (QKD) SOLUTIONS MARKET, BY REGION 2024–2030 (USD MILLION) 116
TABLE 45 QUANTUM RANDOM NUMBER GENERATORS MARKET, BY TYPE 2020–2023 (USD MILLION) 117
TABLE 46 QUANTUM RANDOM NUMBER GENERATORS MARKET, BY TYPE 2024–2030 (USD MILLION) 118
TABLE 47 QUANTUM RANDOM NUMBER GENERATORS MARKET, BY REGION 2020–2023 (USD MILLION) 118
TABLE 48 QUANTUM RANDOM NUMBER GENERATORS MARKET, BY REGION 2024–2030 (USD MILLION) 118
TABLE 49 HARDWARE-BASED QUANTUM RANDOM NUMBER GENERATORS MARKET BY REGION, 2020–2023 (USD MILLION) 119
TABLE 50 HARDWARE-BASED QUANTUM RANDOM NUMBER GENERATORS MARKET BY REGION, 2024–2030 (USD MILLION) 119
TABLE 51 SOFTWARE-BASED QUANTUM RANDOM NUMBER GENERATORS MARKET BY REGION, 2020–2023 (USD MILLION) 120
TABLE 52 SOFTWARE-BASED QUANTUM RANDOM NUMBER GENERATORS MARKET BY REGION, 2024–2030 (USD MILLION) 120
TABLE 53 QUANTUM-SAFE CRYPTOGRAPHIC SOLUTIONS MARKET, BY REGION 2020–2023 (USD MILLION) 121
TABLE 54 QUANTUM-SAFE CRYPTOGRAPHIC SOLUTIONS MARKET, BY REGION 2024–2030 (USD MILLION) 121
TABLE 55 QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 122
TABLE 56 QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 122
TABLE 57 QUANTUM COMMUNICATION SERVICES MARKET, BY REGION 2020–2023 (USD MILLION) 123
TABLE 58 QUANTUM COMMUNICATION SERVICES MARKET, BY REGION 2024–2030 (USD MILLION) 123
TABLE 59 QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 124
TABLE 60 QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET 2024–2030 (USD MILLION) 124
TABLE 61 QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY REGION, 2020–2023 (USD MILLION) 125
TABLE 62 QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION) 125
TABLE 63 QUANTUM COMMUNICATION TRAINING & CONSULTING SERVICES MARKET BY REGION, 2020–2023 (USD MILLION) 126
TABLE 64 QUANTUM COMMUNICATION TRAINING & CONSULTING SERVICES MARKET BY REGION, 2024–2030 (USD MILLION) 126
TABLE 65 QUANTUM COMMUNICATION DEPLOYMENT & INTEGRATION SERVICES MARKET, BY REGION, 2020–2023 (USD MILLION) 127
TABLE 66 QUANTUM COMMUNICATION DEPLOYMENT & INTEGRATION SERVICES MARKET, BY REGION, 2024–2030 (USD MILLION) 127
TABLE 67 QUANTUM COMMUNICATION SUPPORT & MAINTENANCE SERVICES MARKET BY REGION, 2020–2023 (USD MILLION) 128
TABLE 68 QUANTUM COMMUNICATION SUPPORT & MAINTENANCE SERVICES MARKET BY REGION, 2024–2030 (USD MILLION) 128
TABLE 69 QUANTUM COMMUNICATION MANAGED SERVICES MARKET, BY REGION 2020–2023 (USD MILLION) 129
TABLE 70 QUANTUM COMMUNICATION MANAGED SERVICES MARKET, BY REGION 2024–2030 (USD MILLION) 129
TABLE 71 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM 2020–2023 (USD MILLION) 131
TABLE 72 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM 2024–2030 (USD MILLION) 131
TABLE 73 FIBER-BASED QUANTUM KEY DISTRIBUTION MARKET, BY REGION 2020–2023 (USD MILLION) 133
TABLE 74 FIBER-BASED QUANTUM KEY DISTRIBUTION MARKET, BY REGION 2024–2030 (USD MILLION) 133
TABLE 75 FREE-SPACE/SATELLITE-BASED MARKET, BY REGION, 2020–2023 (USD MILLION) 134
TABLE 76 FREE-SPACE/SATELLITE-BASED MARKET, BY REGION, 2024–2030 (USD MILLION) 134
TABLE 77 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 136
TABLE 78 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 136
TABLE 79 ON-PREMISE QUANTUM COMMUNICATION MARKET, BY REGION 2020–2023 (USD MILLION) 137
TABLE 80 ON-PREMISE QUANTUM COMMUNICATION MARKET, BY REGION 2024–2030 (USD MILLION) 138
TABLE 81 CLOUD QUANTUM COMMUNICATION MARKET, BY REGION 2020–2023 (USD MILLION) 139
TABLE 82 CLOUD QUANTUM COMMUNICATION MARKET, BY REGION 2024–2030 (USD MILLION) 139
TABLE 83 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 141
TABLE 84 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 141
TABLE 85 QUANTUM COMMUNICATION MARKET FOR SMES, BY REGION 2020–2023 (USD MILLION) 142
TABLE 86 QUANTUM COMMUNICATION MARKET FOR SMES, BY REGION 2024–2030 (USD MILLION) 143
TABLE 87 QUANTUM COMMUNICATION MARKET FOR LARGE ENTERPRISES, BY REGION, 2020–2023 (USD MILLION) 143
TABLE 88 QUANTUM COMMUNICATION MARKET FOR LARGE ENTERPRISES, BY REGION, 2024–2030 (USD MILLION) 144
TABLE 89 QUANTUM COMMUNICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 146
TABLE 90 QUANTUM COMMUNICATION MARKET, BY VERTICAL, 2024–2030 (USD MILLION) 147
TABLE 91 QUANTUM COMMUNICATION MARKET IN BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI), BY REGION, 2020–2023 (USD MILLION) 148
TABLE 92 QUANTUM COMMUNICATION MARKET IN BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI), BY REGION, 2024–2030 (USD MILLION) 149
TABLE 93 QUANTUM COMMUNICATION MARKET IN GOVERNMENT & DEFENSE, BY REGION, 2020–2023 (USD MILLION) 150
TABLE 94 QUANTUM COMMUNICATION MARKET IN GOVERNMENT & DEFENSE, BY REGION, 2024–2030 (USD MILLION) 150
TABLE 95 QUANTUM COMMUNICATION MARKET IN HEALTHCARE, BY REGION 2020–2023 (USD MILLION) 151
TABLE 96 QUANTUM COMMUNICATION MARKET IN HEALTHCARE, BY REGION 2024–2030 (USD MILLION) 151
TABLE 97 QUANTUM COMMUNICATION MARKET IN AEROSPACE, BY REGION 2020–2023 (USD MILLION) 152
TABLE 98 QUANTUM COMMUNICATION MARKET IN AEROSPACE, BY REGION 2024–2030 (USD MILLION) 152
TABLE 99 QUANTUM COMMUNICATION MARKET IN IT & TELECOMMUNICATIONS, BY REGION, 2020–2023 (USD MILLION) 153
TABLE 100 QUANTUM COMMUNICATION MARKET IN IT & TELECOMMUNICATIONS, BY REGION, 2024–2030 (USD MILLION) 153
TABLE 101 QUANTUM COMMUNICATION MARKET IN ENERGY & UTILITIES, BY REGION 2020–2023 (USD MILLION) 154
TABLE 102 QUANTUM COMMUNICATION MARKET IN ENERGY & UTILITIES, BY REGION 2024–2030 (USD MILLION) 154
TABLE 103 QUANTUM COMMUNICATION MARKET IN ACADEMIA & RESEARCH, BY REGION, 2020–2023 (USD MILLION) 155
TABLE 104 QUANTUM COMMUNICATION MARKET IN ACADEMIA & RESEARCH, BY REGION, 2024–2030 (USD MILLION) 156
TABLE 105 QUANTUM COMMUNICATION MARKET IN OTHER VERTICALS, BY REGION 2020–2023 (USD MILLION) 156
TABLE 106 QUANTUM COMMUNICATION MARKET IN OTHER VERTICALS, BY REGION 2024–2030 (USD MILLION) 157
TABLE 107 QUANTUM COMMUNICATION MARKET, BY REGION, 2020–2023 (USD MILLION) 160
TABLE 108 QUANTUM COMMUNICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 160
TABLE 109 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 162
TABLE 110 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 163
TABLE 111 NORTH AMERICA: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE, 2020–2023 (USD MILLION) 163
TABLE 112 NORTH AMERICA: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE, 2024–2030 (USD MILLION) 163
TABLE 113 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2020–2023 (USD MILLION) 164
TABLE 114 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2024–2030 (USD MILLION) 164
TABLE 115 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2020–2023 (USD MILLION) 164
TABLE 116 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2024–2030 (USD MILLION) 165
TABLE 117 NORTH AMERICA: QUANTUM COMMUNICATION SERVICES MARKET BY TYPE, 2020–2023 (USD MILLION) 165
TABLE 118 NORTH AMERICA: QUANTUM COMMUNICATION SERVICES MARKET BY TYPE, 2024–2030 (USD MILLION) 165
TABLE 119 NORTH AMERICA: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 165
TABLE 120 NORTH AMERICA: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 166
TABLE 121 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 166
TABLE 122 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 166
TABLE 123 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION) 166
TABLE 124 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION) 167
TABLE 125 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION) 167
TABLE 126 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION) 167
TABLE 127 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 168
TABLE 128 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 168
TABLE 129 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY COUNTRY 2020–2023 (USD MILLION) 168
TABLE 130 NORTH AMERICA: QUANTUM COMMUNICATION MARKET, BY COUNTRY 2024–2030 (USD MILLION) 169
TABLE 131 US: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 169
TABLE 132 US: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 169
TABLE 133 US: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 170
TABLE 134 US: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 170
TABLE 135 US: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 170
TABLE 136 US: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 171
TABLE 137 US: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 171
TABLE 138 US: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 171
TABLE 139 US: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 171
TABLE 140 US: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE 2024–2030 (USD MILLION) 172
TABLE 141 US: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 172
TABLE 142 US: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 172
TABLE 143 US: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 172
TABLE 144 US: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 173
TABLE 145 US: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 173
TABLE 146 US: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 173
TABLE 147 CANADA: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 174
TABLE 148 CANADA: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 174
TABLE 149 CANADA: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 175
TABLE 150 CANADA: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 175
TABLE 151 CANADA: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 175
TABLE 152 CANADA: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 176
TABLE 153 CANADA: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2020–2023 (USD MILLION) 176
TABLE 154 CANADA: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2024–2030 (USD MILLION) 176
TABLE 155 CANADA: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 176
TABLE 156 CANADA: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 177
TABLE 157 CANADA: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 177
TABLE 158 CANADA: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 177
TABLE 159 CANADA: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 177
TABLE 160 CANADA: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 178
TABLE 161 CANADA: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 178
TABLE 162 CANADA: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 178
TABLE 163 EUROPE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 181
TABLE 164 EUROPE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 181
TABLE 165 EUROPE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 181
TABLE 166 EUROPE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 182
TABLE 167 EUROPE: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2020–2023 (USD MILLION) 182
TABLE 168 EUROPE: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2024–2030 (USD MILLION) 182
TABLE 169 EUROPE: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2020–2023 (USD MILLION) 183
TABLE 170 EUROPE: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2024–2030 (USD MILLION) 183
TABLE 171 EUROPE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 183
TABLE 172 EUROPE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 183
TABLE 173 EUROPE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2020–2023 (USD MILLION) 184
TABLE 174 EUROPE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2024–2030 (USD MILLION) 184
TABLE 175 EUROPE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 184
TABLE 176 EUROPE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 184
TABLE 177 EUROPE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 185
TABLE 178 EUROPE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 185
TABLE 179 EUROPE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 185
TABLE 180 EUROPE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 185
TABLE 181 EUROPE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 186
TABLE 182 EUROPE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 186
TABLE 183 EUROPE: QUANTUM COMMUNICATION MARKET, BY COUNTRY 2020–2023 (USD MILLION) 187
TABLE 184 EUROPE: QUANTUM COMMUNICATION MARKET, BY COUNTRY 2024–2030 (USD MILLION) 187
TABLE 185 UK: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 188
TABLE 186 UK: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 188
TABLE 187 UK: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 188
TABLE 188 UK: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 188
TABLE 189 UK: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 189
TABLE 190 UK: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 189
TABLE 191 UK: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 189
TABLE 192 UK: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 189
TABLE 193 UK: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE 2020–2023 (USD MILLION) 190
TABLE 194 UK: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE 2024–2030 (USD MILLION) 190
TABLE 195 UK: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 190
TABLE 196 UK: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 190
TABLE 197 UK: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 191
TABLE 198 UK: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 191
TABLE 199 UK: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 191
TABLE 200 UK: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 192
TABLE 201 GERMANY: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 192
TABLE 202 GERMANY: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 193
TABLE 203 GERMANY: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 193
TABLE 204 GERMANY: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 193
TABLE 205 GERMANY: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 194
TABLE 206 GERMANY: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 194
TABLE 207 GERMANY: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2020–2023 (USD MILLION) 194
TABLE 208 GERMANY: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2024–2030 (USD MILLION) 194
TABLE 209 GERMANY: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 195
TABLE 210 GERMANY: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 195
TABLE 211 GERMANY: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 195
TABLE 212 GERMANY: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 195
TABLE 213 GERMANY: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 196
TABLE 214 GERMANY: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 196
TABLE 215 GERMANY: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 196
TABLE 216 GERMANY: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 197
TABLE 217 FRANCE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 197
TABLE 218 FRANCE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 198
TABLE 219 FRANCE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 198
TABLE 220 FRANCE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 198
TABLE 221 FRANCE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 199
TABLE 222 FRANCE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 199
TABLE 223 FRANCE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2020–2023 (USD MILLION) 199
TABLE 224 FRANCE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET BY TYPE, 2024–2030 (USD MILLION) 199
TABLE 225 FRANCE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 200
TABLE 226 FRANCE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 200
TABLE 227 FRANCE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 200
TABLE 228 FRANCE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 200
TABLE 229 FRANCE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 201
TABLE 230 FRANCE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 201
TABLE 231 FRANCE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 201
TABLE 232 FRANCE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 202
TABLE 233 ITALY: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 202
TABLE 234 ITALY: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 203
TABLE 235 ITALY: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 203
TABLE 236 ITALY: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 203
TABLE 237 ITALY: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 203
TABLE 238 ITALY: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 204
TABLE 239 ITALY: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 204
TABLE 240 ITALY: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 204
TABLE 241 ITALY: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 204
TABLE 242 ITALY: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 205
TABLE 243 ITALY: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2020–2023 (USD MILLION) 205
TABLE 244 ITALY: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE 2024–2030 (USD MILLION) 205
TABLE 245 ITALY: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2020–2023 (USD MILLION) 205
TABLE 246 ITALY: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE 2024–2030 (USD MILLION) 206
TABLE 247 ITALY: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 206
TABLE 248 ITALY: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 206
TABLE 249 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 207
TABLE 250 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 207
TABLE 251 REST OF EUROPE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE, 2020–2023 (USD MILLION) 208
TABLE 252 REST OF EUROPE: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE, 2024–2030 (USD MILLION) 208
TABLE 253 REST OF EUROPE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 208
TABLE 254 REST OF EUROPE: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 209
TABLE 255 REST OF EUROPE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2020–2023 (USD MILLION) 209
TABLE 256 REST OF EUROPE: QUANTUM COMMUNICATION PROFESSIONAL SERVICES MARKET, BY TYPE, 2024–2030 (USD MILLION) 209
TABLE 257 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2020–2023 (USD MILLION) 209
TABLE 258 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY QKD TRANSMISSION TYPE, 2024–2030 (USD MILLION) 210
TABLE 259 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION) 210
TABLE 260 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION) 210
TABLE 261 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION) 210
TABLE 262 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION) 211
TABLE 263 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2020–2023 (USD MILLION) 211
TABLE 264 REST OF EUROPE: QUANTUM COMMUNICATION MARKET, BY VERTICAL 2024–2030 (USD MILLION) 211
TABLE 265 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY OFFERING 2020–2023 (USD MILLION) 213
TABLE 266 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY OFFERING 2024–2030 (USD MILLION) 213
TABLE 267 ASIA PACIFIC: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2020–2023 (USD MILLION) 213
TABLE 268 ASIA PACIFIC: QUANTUM COMMUNICATION SOLUTIONS MARKET, BY TYPE 2024–2030 (USD MILLION) 214
TABLE 269 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2020–2023 (USD MILLION) 214
TABLE 270 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY QUANTUM COMMUNICATION COMPONENT, 2024–2030 (USD MILLION) 214
TABLE 271 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2020–2023 (USD MILLION) 215
TABLE 272 ASIA PACIFIC: QUANTUM COMMUNICATION MARKET, BY QUANTUM RANDOM NUMBER GENERATOR, 2024–2030 (USD MILLION) 215
TABLE 273 ASIA PACIFIC: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2020–2023 (USD MILLION) 215
TABLE 274 ASIA PACIFIC: QUANTUM COMMUNICATION SERVICES MARKET, BY TYPE 2024–2030 (USD MILLION) 215
TABLE 275 ASIA PACIFIC: QUANTUM COMMUNICATION PROFESSIONAL SERVICE