Asia Pacific quantum key distribution (QKD) market will grow by 33.2% annually with a total addressable market cap of $ 11,313.4 million over 2022-2031, driven by the rising need for data security, expanding R&D investment, updating reliable network infrastructure, and the increasing specialized projects sponsored by governments and the largest financial institutions to large data centers.
Highlighted with 33 tables and 43 figures, this 106-page report “Asia Pacific Quantum Key Distribution (QKD) Market 2021-2031 by Component (Hardware, Software, Services), Security Type (Application, Network), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific quantum key distribution (QKD) 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 key distribution (QKD) market in every aspect of the classification from perspectives of Component, Security Type, Industry Vertical, 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
o QKD Infrastructure
Fiber Optic Infrastructure
Satellite and Aircraft to Ground Infrastructure
Terrestrial Line of Site Infrastructure
Quantum Infrastructure
o Related Equipment and Components
• Software
• Services
o Professional Services
Deployment & Integration
Support & Maintenance
Training & Consulting
o Managed Services
Based on Security Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Application Security
• Network Security
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.
• Bank and Financial Industry
• General Business Communication
• Healthcare Applications
• Infrastructure & Datacenter Protection
• IT & Telecom
• Military & Defense
• Domestic Security and Intelligence Service
• Government & Civil Service
• Other Industry Verticals
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, Security Type 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:
ABB
Anhui Qasky Quantum Technology Co., Ltd.
IBM Corporation
ID Quantique
KETS quantum Security
MagiQ Technologies, Inc.
Nippon Telegraph and Telephone (NTT)
Nucrypt LLC
Oki Electric
Qasky
QuantumCTek Co., Ltd.
QuantumXchange, Inc.
Qubitekk, Inc.
Quintessence Labs
Raytheon
SeQureNet
SK Telecom
Toshiba Corporation
Universal Quantum Devices
ZTE
(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.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Asia Pacific Market by Component 39
3.1 Market Overview by Component 39
3.2 Hardware 41
3.2.1 QKD Infrastructure 42
3.2.2 Related Equipment and Components 44
3.3 Software 46
3.4 Services 47
3.4.1 Professional Services 48
3.4.2 Managed Services 49
4 Segmentation of Asia Pacific Market by Security Type 50
4.1 Market Overview by Security Type 50
4.2 Application Security 52
4.3 Network Security 53
5 Segmentation of Asia Pacific Market by Industry Vertical 54
5.1 Market Overview by Industry Vertical 54
5.2 Bank and Financial Industry 56
5.3 General Business Communication 57
5.4 Healthcare Applications 58
5.5 Infrastructure & Datacenter Protection 59
5.6 IT & Telecom 60
5.7 Military & Defense 61
5.8 Domestic Security and Intelligence Service 62
5.9 Government & Civil Service 63
5.10 Other Industry Verticals 64
6 Asia-Pacific Market 2021-2031 by Country 65
6.1 Overview of Asia-Pacific Market 65
6.2 Japan 68
6.3 China 71
6.4 Australia 73
6.5 India 75
6.6 South Korea 77
6.7 Rest of APAC Region 79
7 Competitive Landscape 81
7.1 Overview of Key Vendors 81
7.2 New Product Launch, Partnership, Investment, and M&A 84
7.3 Company Profiles 85
ABB 85
Anhui Qasky Quantum Technology Co., Ltd. 87
IBM Corporation 88
ID Quantique 89
KETS quantum Security 90
MagiQ Technologies, Inc. 91
Nippon Telegraph and Telephone (NTT) 92
Nucrypt LLC 93
Oki Electric 94
Qasky 95
QuantumCTek Co., Ltd. 96
QuantumXchange, Inc. 97
Qubitekk, Inc. 98
Quintessence Labs 99
Raytheon 100
SeQureNet 101
SK Telecom 102
Toshiba Corporation 103
Universal Quantum Devices 104
ZTE 105
RELATED REPORTS 106
List of Tables:
Table 1. Snapshot of Asia Pacific Quantum Key Distribution Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2020-2030 26
Table 4. World Mobile Data Traffic by Deployment Mode, 2020-2030, EB/year 27
Table 5. World Mobile Data Traffic by Device, 2020-2030, EB/year 27
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Quantum Key Distribution Market 31
Table 7. Asia Pacific Quantum Key Distribution Market by Component, 2021-2031, $ mn 39
Table 8. Asia Pacific Quantum Key Distribution Market: Hardware by Type, 2021-2031, $ mn 41
Table 9. Asia Pacific Quantum Key Distribution Market: QKD Infrastructure by Type, 2021-2031, $ mn 43
Table 10. Asia Pacific Quantum Key Distribution Market: Services by Type, 2021-2031, $ mn 47
Table 11. Asia Pacific Quantum Key Distribution Market: Professional Services by Type, 2021-2031, $ mn 48
Table 12. Asia Pacific Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 50
Table 13. Asia Pacific Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 54
Table 14. APAC Quantum Key Distribution Market by Country, 2021-2031, $ mn 66
Table 15. Japan Quantum Key Distribution Market by Component, 2021-2031, $ mn 70
Table 16. Japan Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 70
Table 17. Japan Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 70
Table 18. China Quantum Key Distribution Market by Component, 2021-2031, $ mn 72
Table 19. China Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 72
Table 20. China Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 72
Table 21. Australia Quantum Key Distribution Market by Component, 2021-2031, $ mn 74
Table 22. Australia Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 74
Table 23. Australia Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 74
Table 24. India Quantum Key Distribution Market by Component, 2021-2031, $ mn 76
Table 25. India Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 76
Table 26. India Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 76
Table 27. South Korea Quantum Key Distribution Market by Component, 2021-2031, $ mn 78
Table 28. South Korea Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 78
Table 29. South Korea Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 78
Table 30. Quantum Key Distribution Market in Rest of APAC by Country/Region, 2021-2031, $ mn 80
Table 31. ABB: Company Snapshot 85
Table 32. ABB: Business Segmentation 86
Table 33. ABB: Product Portfolio 86
