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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:
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
SeQureNet
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
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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