Asia Pacific quantum cryptography market will grow by 30.3% annually with a total addressable market cap of $ 4,222.3 million over 2022-2031, driven by the growing cyber-attacks incidents due to rapid digitalization, increasing funding for cybersecurity, rising adoption of next-generation security solutions for cloud and IoT, and evolving next-generation wireless network technologies.
Highlighted with 32 tables and 61 figures, this 128-page report “Asia Pacific Quantum Cryptography Market 2021-2031 by Component, Application (Network Security, Application Security, Database Encryption), Algorithm Type (Symmetric Key, Asymmetric Key), Industry Vertical, Organization Size (SMEs, Large Enterprises), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific quantum cryptography market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces


The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific quantum cryptography market in every aspect of the classification from perspectives of Component, Application, Algorithm Type, Industry Vertical, Organization Size, and Country.

Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Hardware with Embedded Software


o Servers
o Blades
o R&D Platforms
o Random Number Generators

  • Independent Cryptography Solutions/Software


o Encryption
o Transmission
o Post-Quantum Cryptography
o Crypto Libraries

  • Services


o Deployment and Integration
o Support and Maintenance
o Consulting & Advisory

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Network Infrastructure Security
  • Application Security
  • Database Encryption



By Algorithm Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Symmetric Key
  • Asymmetric Key



By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Pharmaceutical and Healthcare
  • BFSI
  • Government and Public Services
  • Aerospace and Defense
  • Energy and Power
  • Automotive and Transportation
  • Chemical Industry
  • IT and Telecom
  • Manufacturing Industry
  • Other Industry Verticals



By Organization Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • SMEs
  • Large Enterprises



Geographically, the following national/local markets are fully investigated:

  • Japan
  • China
  • South Korea
  • Australia
  • India
  • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)


For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component?Application and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Anhui Qasky Quantum Technology Co., Ltd.
Aurea Technologies Inc.
Crypta Labs Ltd.
Hewlett-Packard Development Company, L.P. (HP)
ID Quantique SA (SK Telecom Co., Ltd.)
Infineon Technologies AG
International Business Machines Corp. (IBM)
ISARA Corporation
MagiQ Technologies Inc.
Mitsubishi Electric Corporation
NEC Corporation
NuCrypt LLC
PQ Solutions Limited
Quantum Xchange
QuantumCTek Co., Ltd.
Qubitekk Inc.
QuintessenceLabs Pty Ltd.
QuNu Labs Pvt. Ltd
Qutools GmbH
Raytheon Technologies Corp.
Toshiba Corp.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)