Hotline: +86-18022463983    020-85206863

Quantum Cryptography- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Published Date: 2025-08-28   |   Pages: 96   |   Tables: 90   |  Internet & Communication

The global market for Quantum Cryptography was estimated to be worth US$ 1514 million in 2024 and is forecast to a readjusted size of US$ 11930 million by 2031 with a CAGR of 34.8% during the forecast period 2025-2031.
This report studies the Quantum Cryptography market, Quantum cryptography uses physics instead of mathematics to encode messages, which provides greater security. Growing developments in Quantum Key Distribution, a core component of quantum cryptography, enhance the efficiency and reliability of secure key exchange. Innovations in QKD protocols make quantum cryptography more appealing for diverse industries seeking enhanced data security. A heightened recognition of the criticality of cybersecurity has resulted in regulatory endeavors aimed at reinforcing measures for safeguarding data. Initiatives within regulatory frameworks that endorse or require the integration of quantum cryptography serve as catalysts for the expansion of the market. Quantum Cryptography uses physics instead of mathematics to encode messages, which provides greater security.
Global key players of Quantum Cryptography include MagiQ Technologies, ID Quantique, Quintessence Labs, etc. The top three players hold a share over 58%. North America is the largest market, and has a share about 42%, followed by Asia-Pacific and Europe with share 32% and 22%, separately. In terms of application, Financial has a share about 37 percent.
This report aims to provide a comprehensive presentation of the global market for Quantum Cryptography, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Quantum Cryptography by region & country, by Type, and by Application.
The Quantum Cryptography market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Quantum Cryptography.
Market Segmentation
By Company
Toshiba
MagiQ Technologies
ID Quantique
Quintessence Labs
QuantumCTek
Qasky
Qudoor
Segment by Type
Solution
Service
Segment by Application
Financial
Government
Military & Defense
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Quantum Cryptography company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Quantum Cryptography in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Quantum Cryptography in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Research Methodology

The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:


Stage 1 SECONDARY RESEARCH

The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.

 

Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES

After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.

 

Stage 3 ANALYSIS OF THE GATHERED DATA

The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.

 

Stage 4 QUANTITATIVE DATA

The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.

 

Stage 5 QUALITY CONTROL

Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.

 

1 Market Overview
1.1 Quantum Cryptography Product Introduction
1.2 Global Quantum Cryptography Market Size Forecast (2020-2031)
1.3 Quantum Cryptography Market Trends & Drivers
1.3.1 Quantum Cryptography Industry Trends
1.3.2 Quantum Cryptography Market Drivers & Opportunity
1.3.3 Quantum Cryptography Market Challenges
1.3.4 Quantum Cryptography Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Quantum Cryptography Players Revenue Ranking (2024)
2.2 Global Quantum Cryptography Revenue by Company (2020-2025)
2.3 Key Companies Quantum Cryptography Manufacturing Base Distribution and Headquarters
2.4 Key Companies Quantum Cryptography Product Offered
2.5 Key Companies Time to Begin Mass Production of Quantum Cryptography
2.6 Quantum Cryptography Market Competitive Analysis
2.6.1 Quantum Cryptography Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Quantum Cryptography Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Quantum Cryptography as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Solution
3.1.2 Service
3.2 Global Quantum Cryptography Sales Value by Type
3.2.1 Global Quantum Cryptography Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Quantum Cryptography Sales Value, by Type (2020-2031)
3.2.3 Global Quantum Cryptography Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Financial
4.1.2 Government
4.1.3 Military & Defense
4.1.4 Others
4.2 Global Quantum Cryptography Sales Value by Application
4.2.1 Global Quantum Cryptography Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Quantum Cryptography Sales Value, by Application (2020-2031)
4.2.3 Global Quantum Cryptography Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Quantum Cryptography Sales Value by Region
5.1.1 Global Quantum Cryptography Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Quantum Cryptography Sales Value by Region (2020-2025)
5.1.3 Global Quantum Cryptography Sales Value by Region (2026-2031)
5.1.4 Global Quantum Cryptography Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Quantum Cryptography Sales Value, 2020-2031
5.2.2 North America Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Quantum Cryptography Sales Value, 2020-2031
5.3.2 Europe Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Quantum Cryptography Sales Value, 2020-2031
5.4.2 Asia Pacific Quantum Cryptography Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Quantum Cryptography Sales Value, 2020-2031
5.5.2 South America Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Quantum Cryptography Sales Value, 2020-2031
5.6.2 Middle East & Africa Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Quantum Cryptography Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Quantum Cryptography Sales Value, 2020-2031
6.3 United States
6.3.1 United States Quantum Cryptography Sales Value, 2020-2031
6.3.2 United States Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Quantum Cryptography Sales Value, 2020-2031
6.4.2 Europe Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Quantum Cryptography Sales Value, 2020-2031
6.5.2 China Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.5.3 China Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Quantum Cryptography Sales Value, 2020-2031
6.6.2 Japan Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Quantum Cryptography Sales Value, 2020-2031
6.7.2 South Korea Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Quantum Cryptography Sales Value, 2020-2031
6.8.2 Southeast Asia Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Quantum Cryptography Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Quantum Cryptography Sales Value, 2020-2031
6.9.2 India Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
6.9.3 India Quantum Cryptography Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Toshiba
7.1.1 Toshiba Profile
7.1.2 Toshiba Main Business
7.1.3 Toshiba Quantum Cryptography Products, Services and Solutions
7.1.4 Toshiba Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.1.5 Toshiba Recent Developments
7.2 MagiQ Technologies
7.2.1 MagiQ Technologies Profile
7.2.2 MagiQ Technologies Main Business
7.2.3 MagiQ Technologies Quantum Cryptography Products, Services and Solutions
7.2.4 MagiQ Technologies Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.2.5 MagiQ Technologies Recent Developments
7.3 ID Quantique
7.3.1 ID Quantique Profile
7.3.2 ID Quantique Main Business
7.3.3 ID Quantique Quantum Cryptography Products, Services and Solutions
7.3.4 ID Quantique Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.3.5 ID Quantique Recent Developments
7.4 Quintessence Labs
7.4.1 Quintessence Labs Profile
7.4.2 Quintessence Labs Main Business
7.4.3 Quintessence Labs Quantum Cryptography Products, Services and Solutions
7.4.4 Quintessence Labs Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.4.5 Quintessence Labs Recent Developments
7.5 QuantumCTek
7.5.1 QuantumCTek Profile
7.5.2 QuantumCTek Main Business
7.5.3 QuantumCTek Quantum Cryptography Products, Services and Solutions
7.5.4 QuantumCTek Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.5.5 QuantumCTek Recent Developments
7.6 Qasky
7.6.1 Qasky Profile
7.6.2 Qasky Main Business
7.6.3 Qasky Quantum Cryptography Products, Services and Solutions
7.6.4 Qasky Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.6.5 Qasky Recent Developments
7.7 Qudoor
7.7.1 Qudoor Profile
7.7.2 Qudoor Main Business
7.7.3 Qudoor Quantum Cryptography Products, Services and Solutions
7.7.4 Qudoor Quantum Cryptography Revenue (US$ Million) & (2020-2025)
7.7.5 Qudoor Recent Developments
8 Industry Chain Analysis
8.1 Quantum Cryptography Industrial Chain
8.2 Quantum Cryptography Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Quantum Cryptography Sales Model
8.5.2 Sales Channel
8.5.3 Quantum Cryptography Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

List of Tables
Table 1. Quantum Cryptography Market Trends
Table 2. Quantum Cryptography Market Drivers & Opportunity
Table 3. Quantum Cryptography Market Challenges
Table 4. Quantum Cryptography Market Restraints
Table 5. Global Quantum Cryptography Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Quantum Cryptography Revenue Market Share by Company (2020-2025)
Table 7. Key Companies Quantum Cryptography Manufacturing Base Distribution and Headquarters
Table 8. Key Companies Quantum Cryptography Product Type
Table 9. Key Companies Time to Begin Mass Production of Quantum Cryptography
Table 10. Global Quantum Cryptography Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Quantum Cryptography as of 2024)
Table 12. Mergers & Acquisitions, Expansion Plans
Table 13. Global Quantum Cryptography Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 14. Global Quantum Cryptography Sales Value by Type (2020-2025) & (US$ Million)
Table 15. Global Quantum Cryptography Sales Value by Type (2026-2031) & (US$ Million)
Table 16. Global Quantum Cryptography Sales Market Share in Value by Type (2020-2025)
Table 17. Global Quantum Cryptography Sales Market Share in Value by Type (2026-2031)
Table 18. Global Quantum Cryptography Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 19. Global Quantum Cryptography Sales Value by Application (2020-2025) & (US$ Million)
Table 20. Global Quantum Cryptography Sales Value by Application (2026-2031) & (US$ Million)
Table 21. Global Quantum Cryptography Sales Market Share in Value by Application (2020-2025)
Table 22. Global Quantum Cryptography Sales Market Share in Value by Application (2026-2031)
Table 23. Global Quantum Cryptography Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 24. Global Quantum Cryptography Sales Value by Region (2020-2025) & (US$ Million)
Table 25. Global Quantum Cryptography Sales Value by Region (2026-2031) & (US$ Million)
Table 26. Global Quantum Cryptography Sales Value by Region (2020-2025) & (%)
Table 27. Global Quantum Cryptography Sales Value by Region (2026-2031) & (%)
Table 28. Key Countries/Regions Quantum Cryptography Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 29. Key Countries/Regions Quantum Cryptography Sales Value, (2020-2025) & (US$ Million)
Table 30. Key Countries/Regions Quantum Cryptography Sales Value, (2026-2031) & (US$ Million)
Table 31. Toshiba Basic Information List
Table 32. Toshiba Description and Business Overview
Table 33. Toshiba Quantum Cryptography Products, Services and Solutions
Table 34. Revenue (US$ Million) in Quantum Cryptography Business of Toshiba (2020-2025)
Table 35. Toshiba Recent Developments
Table 36. MagiQ Technologies Basic Information List
Table 37. MagiQ Technologies Description and Business Overview
Table 38. MagiQ Technologies Quantum Cryptography Products, Services and Solutions
Table 39. Revenue (US$ Million) in Quantum Cryptography Business of MagiQ Technologies (2020-2025)
Table 40. MagiQ Technologies Recent Developments
Table 41. ID Quantique Basic Information List
Table 42. ID Quantique Description and Business Overview
Table 43. ID Quantique Quantum Cryptography Products, Services and Solutions
Table 44. Revenue (US$ Million) in Quantum Cryptography Business of ID Quantique (2020-2025)
Table 45. ID Quantique Recent Developments
Table 46. Quintessence Labs Basic Information List
Table 47. Quintessence Labs Description and Business Overview
Table 48. Quintessence Labs Quantum Cryptography Products, Services and Solutions
Table 49. Revenue (US$ Million) in Quantum Cryptography Business of Quintessence Labs (2020-2025)
Table 50. Quintessence Labs Recent Developments
Table 51. QuantumCTek Basic Information List
Table 52. QuantumCTek Description and Business Overview
Table 53. QuantumCTek Quantum Cryptography Products, Services and Solutions
Table 54. Revenue (US$ Million) in Quantum Cryptography Business of QuantumCTek (2020-2025)
Table 55. QuantumCTek Recent Developments
Table 56. Qasky Basic Information List
Table 57. Qasky Description and Business Overview
Table 58. Qasky Quantum Cryptography Products, Services and Solutions
Table 59. Revenue (US$ Million) in Quantum Cryptography Business of Qasky (2020-2025)
Table 60. Qasky Recent Developments
Table 61. Qudoor Basic Information List
Table 62. Qudoor Description and Business Overview
Table 63. Qudoor Quantum Cryptography Products, Services and Solutions
Table 64. Revenue (US$ Million) in Quantum Cryptography Business of Qudoor (2020-2025)
Table 65. Qudoor Recent Developments
Table 66. Key Raw Materials Lists
Table 67. Raw Materials Key Suppliers Lists
Table 68. Quantum Cryptography Downstream Customers
Table 69. Quantum Cryptography Distributors List
Table 70. Research Programs/Design for This Report
Table 71. Key Data Information from Secondary Sources
Table 72. Key Data Information from Primary Sources
Table 73. Business Unit and Senior & Team Lead Analysts


List of Figures
Figure 1. Quantum Cryptography Product Picture
Figure 2. Global Quantum Cryptography Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Quantum Cryptography Sales Value (2020-2031) & (US$ Million)
Figure 4. Quantum Cryptography Report Years Considered
Figure 5. Global Quantum Cryptography Players Revenue Ranking (2024) & (US$ Million)
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Quantum Cryptography Revenue in 2024
Figure 7. Quantum Cryptography Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 8. Solution Picture
Figure 9. Service Picture
Figure 10. Global Quantum Cryptography Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 11. Global Quantum Cryptography Sales Value Market Share by Type, 2024 & 2031
Figure 12. Product Picture of Financial
Figure 13. Product Picture of Government
Figure 14. Product Picture of Military & Defense
Figure 15. Product Picture of Others
Figure 16. Global Quantum Cryptography Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 17. Global Quantum Cryptography Sales Value Market Share by Application, 2024 & 2031
Figure 18. North America Quantum Cryptography Sales Value (2020-2031) & (US$ Million)
Figure 19. North America Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
Figure 20. Europe Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 21. Europe Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
Figure 22. Asia Pacific Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 23. Asia Pacific Quantum Cryptography Sales Value by Region (%), 2024 VS 2031
Figure 24. South America Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 25. South America Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
Figure 26. Middle East & Africa Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 27. Middle East & Africa Quantum Cryptography Sales Value by Country (%), 2024 VS 2031
Figure 28. Key Countries/Regions Quantum Cryptography Sales Value (%), (2020-2031)
Figure 29. United States Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 30. United States Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 31. United States Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 32. Europe Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 33. Europe Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 34. Europe Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 35. China Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 36. China Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 37. China Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 38. Japan Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 39. Japan Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 40. Japan Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 41. South Korea Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 42. South Korea Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 43. South Korea Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 44. Southeast Asia Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 45. Southeast Asia Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 46. Southeast Asia Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 47. India Quantum Cryptography Sales Value, (2020-2031) & (US$ Million)
Figure 48. India Quantum Cryptography Sales Value by Type (%), 2024 VS 2031
Figure 49. India Quantum Cryptography Sales Value by Application (%), 2024 VS 2031
Figure 50. Quantum Cryptography Industrial Chain
Figure 51. Quantum Cryptography Manufacturing Cost Structure
Figure 52. Channels of Distribution (Direct Sales, and Distribution)
Figure 53. Bottom-up and Top-down Approaches for This Report
Figure 54. Data Triangulation
Figure 55. Key Executives Interviewed

Our Clients