Europe quantum cryptography market was valued at $ 112.6 million in 2021 and will grow by 25.8% annually over 2021-2031, driven by the growing cyber-attacks incidents due to rapid digitalization, increasing funding for cybersecurity, rising adoption of next-generation security solutions for cloud and IoT, and evolving next-generation wireless network technologies.
Highlighted with 35 tables and 62 figures, this 127-page report “Europe Quantum Cryptography Market 2021-2031 by Component, Application (Network Security, Application Security, Database Encryption), Algorithm Type (Symmetric Key, Asymmetric Key), Industry Vertical, Organization Size (SMEs, Large Enterprises), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe quantum cryptography 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 Europe 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 Europe quantum cryptography market in every aspect of the classification from perspectives of Component, Application, Algorithm Type, Industry Vertical, Organization Size, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware with Embedded Software
o Servers
o Blades
o R&D Platforms
o Random Number Generators
• Independent Cryptography Solutions/Software
o Encryption
o Transmission
o Post-Quantum Cryptography
o Crypto Libraries
• Services
o Deployment and Integration
o Support and Maintenance
o Consulting & Advisory
Based on Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Network Infrastructure Security
• Application Security
• Database Encryption
By Algorithm Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Symmetric Key
• Asymmetric Key
By Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Pharmaceutical and Healthcare
• BFSI
• Government and Public Services
• Aerospace and Defense
• Energy and Power
• Automotive and Transportation
• Chemical Industry
• IT and Telecom
• Manufacturing Industry
• Other Industry Verticals
By Organization Size, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• SMEs
• Large Enterprises
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component，Application 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:
Anhui Qasky Quantum Technology Co., Ltd.
Aurea Technologies Inc.
Crypta Labs Ltd.
Hewlett-Packard Development Company, L.P. (HP)
ID Quantique SA (SK Telecom Co., Ltd.)
Infineon Technologies AG
International Business Machines Corp. (IBM)
ISARA Corporation
MagiQ Technologies Inc.
Mitsubishi Electric Corporation
NEC Corporation
NuCrypt LLC
PQ Solutions Limited
Quantum Xchange
QuantumCTek Co., Ltd.
Qubitekk Inc.
QuintessenceLabs Pty Ltd.
QuNu Labs Pvt. Ltd
Qutools GmbH
Raytheon Technologies Corp.
Toshiba Corp.
(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 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Europe Market by Component 41
3.1 Market Overview by Component 41
3.2 Hardware with Embedded Software 43
3.2.1 Servers 45
3.2.2 Blades 46
3.2.3 R&D Platforms 47
3.2.4 Random Number Generators 48
3.3 Independent Cryptography Solutions/Software 49
3.3.1 Encryption 51
3.3.2 Transmission 52
3.3.3 Post-Quantum Cryptography 53
3.3.4 Crypto Libraries 54
3.4 Services 55
3.4.1 Deployment and Integration 56
3.4.2 Support and Maintenance 57
3.4.3 Consulting & Advisory 58
4 Segmentation of Europe Market by Application 59
4.1 Market Overview by Application 59
4.2 Network Infrastructure Security 61
4.3 Application Security 62
4.4 Database Encryption 63
5 Segmentation of Europe Market by Algorithm Type 64
5.1 Market Overview by Algorithm Type 64
5.2 Symmetric Key 66
5.3 Asymmetric Key 67
6 Segmentation of Europe Market by Industry Vertical 68
6.1 Market Overview by Industry Vertical 68
6.2 Pharmaceutical and Healthcare 70
6.3 BFSI 71
6.4 Government and Public Services 72
6.5 Aerospace and Defense 73
6.6 Energy and Power 74
6.7 Automotive and Transportation 75
6.8 Chemical Industry 76
6.9 IT and Telecom 77
6.10 Manufacturing Industry 78
6.11 Other Industry Verticals 79
7 Segmentation of Europe Market by Organization Size 80
7.1 Market Overview by Organization Size 80
7.2 SMEs 82
7.3 Large Enterprises 83
8 European Market 2021-2031 by Country 84
8.1 Overview of European Market 84
8.2 Germany 87
8.3 U.K. 89
8.4 France 91
8.5 Spain 93
8.6 Italy 95
8.7 Netherlands 97
8.8 Rest of European Market 99
9 Competitive Landscape 101
9.1 Overview of Key Vendors 101
9.2 New Product Launch, Partnership, Investment, and M&A 104
9.3 Company Profiles 105
Anhui Qasky Quantum Technology Co., Ltd. 105
Aurea Technologies Inc. 107
Crypta Labs Ltd. 108
Hewlett-Packard Development Company, L.P. (HP) 109
ID Quantique SA (SK Telecom Co., Ltd.) 110
Infineon Technologies AG 111
International Business Machines Corp. (IBM) 112
ISARA Corporation 113
MagiQ Technologies Inc. 114
Mitsubishi Electric Corporation 115
NEC Corporation 116
NuCrypt LLC 117
PQ Solutions Limited 118
Quantum Xchange 119
QuantumCTek Co., Ltd. 120
Qubitekk Inc. 121
QuintessenceLabs Pty Ltd. 122
QuNu Labs Pvt. Ltd 123
Qutools GmbH 124
Raytheon Technologies Corp. 125
Toshiba Corp. 126
RELATED REPORTS 127
List of Tables:
Table 1. Snapshot of Europe Quantum Cryptography Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Main Product Trends and Market Opportunities in Europe Quantum Cryptography Market 33
Table 5. Europe Quantum Cryptography Market by Component, 2021-2031, $ mn 41
Table 6. Europe Quantum Cryptography Market: Hardware with Embedded Software by Type, 2021-2031, $ mn 44
Table 7. Europe Quantum Cryptography Market: Independent Cryptography Solutions/Software by Type, 2021-2031, $ mn 50
Table 8. Europe Quantum Cryptography Market: Services by Type, 2021-2031, $ mn 55
Table 9. Europe Quantum Cryptography Market by Application, 2021-2031, $ mn 59
Table 10. Europe Quantum Cryptography Market by Algorithm Type, 2021-2031, $ mn 64
Table 11. Europe Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 68
Table 12. Europe Quantum Cryptography Market by Organization Size, 2021-2031, $ mn 80
Table 13. Europe Quantum Cryptography Market by Country, 2021-2031, $ mn 86
Table 14. Germany Quantum Cryptography Market by Component, 2021-2031, $ mn 88
Table 15. Germany Quantum Cryptography Market by Application, 2021-2031, $ mn 88
Table 16. Germany Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 88
Table 17. U.K. Quantum Cryptography Market by Component, 2021-2031, $ mn 90
Table 18. U.K. Quantum Cryptography Market by Application, 2021-2031, $ mn 90
Table 19. U.K. Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 90
Table 20. France Quantum Cryptography Market by Component, 2021-2031, $ mn 92
Table 21. France Quantum Cryptography Market by Application, 2021-2031, $ mn 92
Table 22. France Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 92
Table 23. Spain Quantum Cryptography Market by Component, 2021-2031, $ mn 94
Table 24. Spain Quantum Cryptography Market by Application, 2021-2031, $ mn 94
Table 25. Spain Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 94
Table 26. Italy Quantum Cryptography Market by Component, 2021-2031, $ mn 96
Table 27. Italy Quantum Cryptography Market by Application, 2021-2031, $ mn 96
Table 28. Italy Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 96
Table 29. Netherlands Quantum Cryptography Market by Component, 2021-2031, $ mn 98
Table 30. Netherlands Quantum Cryptography Market by Application, 2021-2031, $ mn 98
Table 31. Netherlands Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 98
Table 32. Quantum Cryptography Market in Rest of Europe by Country, 2021-2031, $ mn 100
Table 33. Anhui Qasky Quantum Technology Co., Ltd.: Company Snapshot 105
Table 34. Anhui Qasky Quantum Technology Co., Ltd.: Business Segmentation 106
Table 35. Anhui Qasky Quantum Technology Co., Ltd.: Product Portfolio 106
