Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security.
The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as "BB84". Five years later, they built the first QKD prototype system which was said to be "secure against any eavesdropper who happened to be deaf" as it made audible noises while encoding crypto key onto single photons.
From its relatively humble beginnings, QKD has gained global interest as a unique cybersecurity solution with active research groups across North America, Europe, Australia, and Asia.
This report contains market size and forecasts of Quantum Key Distribution (QKD) in Global, including the following market information:
Global Quantum Key Distribution (QKD) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Quantum Key Distribution (QKD) market was valued at US$ 1452.8 million in 2021 and is projected to reach US$ 4829 million by 2028, at a CAGR of 18.7% during the forecast period 2022-2028.
Global major players in quantum key distribution (QKD) market include ID Quantique, SeQureNet, Quintessence Labs, MagiQ Technologies, Toshiba, QuantumCTek, Qasky, etc. Top 5 companies occupied about 80% market share. North America is the largest market with about 40% market share. APAC and Europe are follower, accounting for about 50% market share altogether. Financial is the main application, which holds a share about 35%.
Publisher has surveyed the Quantum Key Distribution (QKD) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Quantum Key Distribution (QKD) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Quantum Key Distribution (QKD) Market Segment Percentages, by Type, 2021 (%)
Type I
Type II
Global Quantum Key Distribution (QKD) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Quantum Key Distribution (QKD) Market Segment Percentages, by Application, 2021 (%)
Financial
Government
Military & Defense
Others
Global Quantum Key Distribution (QKD) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Quantum Key Distribution (QKD) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Quantum Key Distribution (QKD) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Quantum Key Distribution (QKD) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ID Quantique
SeQureNet
Quintessence Labs
MagiQ Technologies
Toshiba
QuantumCTek
Qasky
Qudoor
Table of Contents
1 Introduction to Research & Analysis Reports
1.1 Quantum Key Distribution (QKD) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Quantum Key Distribution (QKD) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Quantum Key Distribution (QKD) Overall Market Size
2.1 Global Quantum Key Distribution (QKD) Market Size: 2021 VS 2028
2.2 Global Quantum Key Distribution (QKD) Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Quantum Key Distribution (QKD) Players in Global Market
3.2 Top Global Quantum Key Distribution (QKD) Companies Ranked by Revenue
3.3 Global Quantum Key Distribution (QKD) Revenue by Companies
3.4 Top 3 and Top 5 Quantum Key Distribution (QKD) Companies in Global Market, by Revenue in 2021
3.5 Global Companies Quantum Key Distribution (QKD) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Quantum Key Distribution (QKD) Players in Global Market
3.6.1 List of Global Tier 1 Quantum Key Distribution (QKD) Companies
3.6.2 List of Global Tier 2 and Tier 3 Quantum Key Distribution (QKD) Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Quantum Key Distribution (QKD) Market Size Markets, 2021 & 2028
4.1.2 Type I
4.1.3 Type II
4.2 By Type - Global Quantum Key Distribution (QKD) Revenue & Forecasts
4.2.1 By Type - Global Quantum Key Distribution (QKD) Revenue, 2017-2022
4.2.2 By Type - Global Quantum Key Distribution (QKD) Revenue, 2023-2028
4.2.3 By Type - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Quantum Key Distribution (QKD) Market Size, 2021 & 2028
5.1.2 Financial
5.1.3 Government
5.1.4 Military & Defense
5.1.5 Others
5.2 By Application - Global Quantum Key Distribution (QKD) Revenue & Forecasts
5.2.1 By Application - Global Quantum Key Distribution (QKD) Revenue, 2017-2022
5.2.2 By Application - Global Quantum Key Distribution (QKD) Revenue, 2023-2028
5.2.3 By Application - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Quantum Key Distribution (QKD) Market Size, 2021 & 2028
6.2 By Region - Global Quantum Key Distribution (QKD) Revenue & Forecasts
6.2.1 By Region - Global Quantum Key Distribution (QKD) Revenue, 2017-2022
6.2.2 By Region - Global Quantum Key Distribution (QKD) Revenue, 2023-2028
6.2.3 By Region - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Quantum Key Distribution (QKD) Revenue, 2017-2028
6.3.2 US Quantum Key Distribution (QKD) Market Size, 2017-2028
6.3.3 Canada Quantum Key Distribution (QKD) Market Size, 2017-2028
6.3.4 Mexico Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Quantum Key Distribution (QKD) Revenue, 2017-2028
6.4.2 Germany Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.3 France Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.4 U.K. Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.5 Italy Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.6 Russia Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.7 Nordic Countries Quantum Key Distribution (QKD) Market Size, 2017-2028
6.4.8 Benelux Quantum Key Distribution (QKD) Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Quantum Key Distribution (QKD) Revenue, 2017-2028
6.5.2 China Quantum Key Distribution (QKD) Market Size, 2017-2028
6.5.3 Japan Quantum Key Distribution (QKD) Market Size, 2017-2028
6.5.4 South Korea Quantum Key Distribution (QKD) Market Size, 2017-2028
6.5.5 Southeast Asia Quantum Key Distribution (QKD) Market Size, 2017-2028
6.5.6 India Quantum Key Distribution (QKD) Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Quantum Key Distribution (QKD) Revenue, 2017-2028
6.6.2 Brazil Quantum Key Distribution (QKD) Market Size, 2017-2028
6.6.3 Argentina Quantum Key Distribution (QKD) Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Quantum Key Distribution (QKD) Revenue, 2017-2028
6.7.2 Turkey Quantum Key Distribution (QKD) Market Size, 2017-2028
6.7.3 Israel Quantum Key Distribution (QKD) Market Size, 2017-2028
6.7.4 Saudi Arabia Quantum Key Distribution (QKD) Market Size, 2017-2028
6.7.5 UAE Quantum Key Distribution (QKD) Market Size, 2017-2028
7 Players Profiles
7.1 ID Quantique
7.1.1 ID Quantique Corporate Summary
7.1.2 ID Quantique Business Overview
7.1.3 ID Quantique Quantum Key Distribution (QKD) Major Product Offerings
7.1.4 ID Quantique Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.1.5 ID Quantique Key News
7.2 SeQureNet
7.2.1 SeQureNet Corporate Summary
7.2.2 SeQureNet Business Overview
7.2.3 SeQureNet Quantum Key Distribution (QKD) Major Product Offerings
7.2.4 SeQureNet Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.2.5 SeQureNet Key News
7.3 Quintessence Labs
7.3.1 Quintessence Labs Corporate Summary
7.3.2 Quintessence Labs Business Overview
7.3.3 Quintessence Labs Quantum Key Distribution (QKD) Major Product Offerings
7.3.4 Quintessence Labs Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.3.5 Quintessence Labs Key News
7.4 MagiQ Technologies
7.4.1 MagiQ Technologies Corporate Summary
7.4.2 MagiQ Technologies Business Overview
7.4.3 MagiQ Technologies Quantum Key Distribution (QKD) Major Product Offerings
7.4.4 MagiQ Technologies Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.4.5 MagiQ Technologies Key News
7.5 Toshiba
7.5.1 Toshiba Corporate Summary
7.5.2 Toshiba Business Overview
7.5.3 Toshiba Quantum Key Distribution (QKD) Major Product Offerings
7.5.4 Toshiba Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.5.5 Toshiba Key News
7.6 QuantumCTek
7.6.1 QuantumCTek Corporate Summary
7.6.2 QuantumCTek Business Overview
7.6.3 QuantumCTek Quantum Key Distribution (QKD) Major Product Offerings
7.6.4 QuantumCTek Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.6.5 QuantumCTek Key News
7.7 Qasky
7.7.1 Qasky Corporate Summary
7.7.2 Qasky Business Overview
7.7.3 Qasky Quantum Key Distribution (QKD) Major Product Offerings
7.7.4 Qasky Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.7.5 Qasky Key News
7.8 Qudoor
7.8.1 Qudoor Corporate Summary
7.8.2 Qudoor Business Overview
7.8.3 Qudoor Quantum Key Distribution (QKD) Major Product Offerings
7.8.4 Qudoor Quantum Key Distribution (QKD) Revenue in Global Market (2017-2022)
7.8.5 Qudoor Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Quantum Key Distribution (QKD) Market Opportunities & Trends in Global Market
Table 2. Quantum Key Distribution (QKD) Market Drivers in Global Market
Table 3. Quantum Key Distribution (QKD) Market Restraints in Global Market
Table 4. Key Players of Quantum Key Distribution (QKD) in Global Market
Table 5. Top Quantum Key Distribution (QKD) Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Quantum Key Distribution (QKD) Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Quantum Key Distribution (QKD) Revenue Share by Companies, 2017-2022
Table 8. Global Companies Quantum Key Distribution (QKD) Product Type
Table 9. List of Global Tier 1 Quantum Key Distribution (QKD) Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Quantum Key Distribution (QKD) Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type - Global Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Quantum Key Distribution (QKD) Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Quantum Key Distribution (QKD) Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application - Global Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Quantum Key Distribution (QKD) Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Quantum Key Distribution (QKD) Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region - Global Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Quantum Key Distribution (QKD) Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Quantum Key Distribution (QKD) Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2023-2028
Table 30. ID Quantique Corporate Summary
Table 31. ID Quantique Quantum Key Distribution (QKD) Product Offerings
Table 32. ID Quantique Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 33. SeQureNet Corporate Summary
Table 34. SeQureNet Quantum Key Distribution (QKD) Product Offerings
Table 35. SeQureNet Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 36. Quintessence Labs Corporate Summary
Table 37. Quintessence Labs Quantum Key Distribution (QKD) Product Offerings
Table 38. Quintessence Labs Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 39. MagiQ Technologies Corporate Summary
Table 40. MagiQ Technologies Quantum Key Distribution (QKD) Product Offerings
Table 41. MagiQ Technologies Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 42. Toshiba Corporate Summary
Table 43. Toshiba Quantum Key Distribution (QKD) Product Offerings
Table 44. Toshiba Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 45. QuantumCTek Corporate Summary
Table 46. QuantumCTek Quantum Key Distribution (QKD) Product Offerings
Table 47. QuantumCTek Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 48. Qasky Corporate Summary
Table 49. Qasky Quantum Key Distribution (QKD) Product Offerings
Table 50. Qasky Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
Table 51. Qudoor Corporate Summary
Table 52. Qudoor Quantum Key Distribution (QKD) Product Offerings
Table 53. Qudoor Quantum Key Distribution (QKD) Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Quantum Key Distribution (QKD) Segment by Type in 2021
Figure 2. Quantum Key Distribution (QKD) Segment by Application in 2021
Figure 3. Global Quantum Key Distribution (QKD) Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Quantum Key Distribution (QKD) Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Quantum Key Distribution (QKD) Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Quantum Key Distribution (QKD) Revenue in 2021
Figure 8. By Type - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 9. By Application - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 10. By Region - Global Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 11. By Country - North America Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 12. US Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 16. Germany Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 17. France Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 24. China Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 28. India Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 30. Brazil Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Quantum Key Distribution (QKD) Revenue Market Share, 2017-2028
Figure 33. Turkey Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Quantum Key Distribution (QKD) Revenue, (US$, Mn), 2017-2028
Figure 37. ID Quantique Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. SeQureNet Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Quintessence Labs Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. MagiQ Technologies Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Toshiba Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. QuantumCTek Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Qasky Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Qudoor Quantum Key Distribution (QKD) Revenue Year Over Year Growth (US$, Mn) & (2017-2022)