

The global Quantum Cryptography market size is predicted to grow from US$ 1945 million in 2025 to US$ 12360 million in 2031; it is expected to grow at a CAGR of 36.1% from 2025 to 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.
The “Quantum Cryptography Industry Forecast” looks at past sales and reviews total world Quantum Cryptography sales in 2024, providing a comprehensive analysis by region and market sector of projected Quantum Cryptography sales for 2025 through 2031. With Quantum Cryptography sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Quantum Cryptography industry.
This Insight Report provides a comprehensive analysis of the global Quantum Cryptography landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Quantum Cryptography portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Quantum Cryptography market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Quantum Cryptography and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Quantum Cryptography.
This report presents a comprehensive overview, market shares, and growth opportunities of Quantum Cryptography market by product type, application, key players and key regions and countries.
Segmentation by Type:
Solution
Service
Segmentation by Application:
Financial
Government
Military & Defense
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toshiba
MagiQ Technologies
ID Quantique
Quintessence Labs
QuantumCTek
Qasky
Qudoor
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Quantum Cryptography Market Size (2020-2031)
2.1.2 Quantum Cryptography Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Quantum Cryptography by Country/Region (2020, 2024 & 2031)
2.2 Quantum Cryptography Segment by Type
2.2.1 Solution
2.2.2 Service
2.3 Quantum Cryptography Market Size by Type
2.3.1 Quantum Cryptography Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Quantum Cryptography Market Size Market Share by Type (2020-2025)
2.4 Quantum Cryptography Segment by Application
2.4.1 Financial
2.4.2 Government
2.4.3 Military & Defense
2.4.4 Others
2.5 Quantum Cryptography Market Size by Application
2.5.1 Quantum Cryptography Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Quantum Cryptography Market Size Market Share by Application (2020-2025)
3 Quantum Cryptography Market Size by Player
3.1 Quantum Cryptography Market Size Market Share by Player
3.1.1 Global Quantum Cryptography Revenue by Player (2020-2025)
3.1.2 Global Quantum Cryptography Revenue Market Share by Player (2020-2025)
3.2 Global Quantum Cryptography Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Quantum Cryptography by Region
4.1 Quantum Cryptography Market Size by Region (2020-2025)
4.2 Global Quantum Cryptography Annual Revenue by Country/Region (2020-2025)
4.3 Americas Quantum Cryptography Market Size Growth (2020-2025)
4.4 APAC Quantum Cryptography Market Size Growth (2020-2025)
4.5 Europe Quantum Cryptography Market Size Growth (2020-2025)
4.6 Middle East & Africa Quantum Cryptography Market Size Growth (2020-2025)
5 Americas
5.1 Americas Quantum Cryptography Market Size by Country (2020-2025)
5.2 Americas Quantum Cryptography Market Size by Type (2020-2025)
5.3 Americas Quantum Cryptography Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Quantum Cryptography Market Size by Region (2020-2025)
6.2 APAC Quantum Cryptography Market Size by Type (2020-2025)
6.3 APAC Quantum Cryptography Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Quantum Cryptography Market Size by Country (2020-2025)
7.2 Europe Quantum Cryptography Market Size by Type (2020-2025)
7.3 Europe Quantum Cryptography Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Quantum Cryptography by Region (2020-2025)
8.2 Middle East & Africa Quantum Cryptography Market Size by Type (2020-2025)
8.3 Middle East & Africa Quantum Cryptography Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Quantum Cryptography Market Forecast
10.1 Global Quantum Cryptography Forecast by Region (2026-2031)
10.1.1 Global Quantum Cryptography Forecast by Region (2026-2031)
10.1.2 Americas Quantum Cryptography Forecast
10.1.3 APAC Quantum Cryptography Forecast
10.1.4 Europe Quantum Cryptography Forecast
10.1.5 Middle East & Africa Quantum Cryptography Forecast
10.2 Americas Quantum Cryptography Forecast by Country (2026-2031)
10.2.1 United States Market Quantum Cryptography Forecast
10.2.2 Canada Market Quantum Cryptography Forecast
10.2.3 Mexico Market Quantum Cryptography Forecast
10.2.4 Brazil Market Quantum Cryptography Forecast
10.3 APAC Quantum Cryptography Forecast by Region (2026-2031)
10.3.1 China Quantum Cryptography Market Forecast
10.3.2 Japan Market Quantum Cryptography Forecast
10.3.3 Korea Market Quantum Cryptography Forecast
10.3.4 Southeast Asia Market Quantum Cryptography Forecast
10.3.5 India Market Quantum Cryptography Forecast
10.3.6 Australia Market Quantum Cryptography Forecast
10.4 Europe Quantum Cryptography Forecast by Country (2026-2031)
10.4.1 Germany Market Quantum Cryptography Forecast
10.4.2 France Market Quantum Cryptography Forecast
10.4.3 UK Market Quantum Cryptography Forecast
10.4.4 Italy Market Quantum Cryptography Forecast
10.4.5 Russia Market Quantum Cryptography Forecast
10.5 Middle East & Africa Quantum Cryptography Forecast by Region (2026-2031)
10.5.1 Egypt Market Quantum Cryptography Forecast
10.5.2 South Africa Market Quantum Cryptography Forecast
10.5.3 Israel Market Quantum Cryptography Forecast
10.5.4 Turkey Market Quantum Cryptography Forecast
10.6 Global Quantum Cryptography Forecast by Type (2026-2031)
10.7 Global Quantum Cryptography Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Quantum Cryptography Forecast
11 Key Players Analysis
11.1 Toshiba
11.1.1 Toshiba Company Information
11.1.2 Toshiba Quantum Cryptography Product Offered
11.1.3 Toshiba Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Toshiba Main Business Overview
11.1.5 Toshiba Latest Developments
11.2 MagiQ Technologies
11.2.1 MagiQ Technologies Company Information
11.2.2 MagiQ Technologies Quantum Cryptography Product Offered
11.2.3 MagiQ Technologies Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 MagiQ Technologies Main Business Overview
11.2.5 MagiQ Technologies Latest Developments
11.3 ID Quantique
11.3.1 ID Quantique Company Information
11.3.2 ID Quantique Quantum Cryptography Product Offered
11.3.3 ID Quantique Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 ID Quantique Main Business Overview
11.3.5 ID Quantique Latest Developments
11.4 Quintessence Labs
11.4.1 Quintessence Labs Company Information
11.4.2 Quintessence Labs Quantum Cryptography Product Offered
11.4.3 Quintessence Labs Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Quintessence Labs Main Business Overview
11.4.5 Quintessence Labs Latest Developments
11.5 QuantumCTek
11.5.1 QuantumCTek Company Information
11.5.2 QuantumCTek Quantum Cryptography Product Offered
11.5.3 QuantumCTek Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 QuantumCTek Main Business Overview
11.5.5 QuantumCTek Latest Developments
11.6 Qasky
11.6.1 Qasky Company Information
11.6.2 Qasky Quantum Cryptography Product Offered
11.6.3 Qasky Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Qasky Main Business Overview
11.6.5 Qasky Latest Developments
11.7 Qudoor
11.7.1 Qudoor Company Information
11.7.2 Qudoor Quantum Cryptography Product Offered
11.7.3 Qudoor Quantum Cryptography Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Qudoor Main Business Overview
11.7.5 Qudoor Latest Developments
12 Research Findings and Conclusion
*If Applicable.