Europe quantum key distribution (QKD) market was valued at $ 145.9 million in 2021 and will grow by 28.5% annually over 2021-2031, 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 36 tables and 44 figures, this 107-page report “Europe 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 Europe 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 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 key distribution (QKD) market in every aspect of the classification from perspectives of Component, Security Type, Industry Vertical, 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
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 Europe 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 Europe 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:
• 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, 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 Europe 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 Europe 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 Europe 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 European Market 2021-2031 by Country 65
6.1 Overview of European Market 65
6.2 Germany 68
6.3 U.K. 70
6.4 France 72
6.5 Spain 74
6.6 Italy 76
6.7 Netherlands 78
6.8 Rest of European Market 80
7 Competitive Landscape 82
7.1 Overview of Key Vendors 82
7.2 New Product Launch, Partnership, Investment, and M&A 85
7.3 Company Profiles 86
ABB 86
Anhui Qasky Quantum Technology Co., Ltd. 88
IBM Corporation 89
ID Quantique 90
KETS quantum Security 91
MagiQ Technologies, Inc. 92
Nippon Telegraph and Telephone (NTT) 93
Nucrypt LLC 94
Oki Electric 95
Qasky 96
QuantumCTek Co., Ltd. 97
QuantumXchange, Inc. 98
Qubitekk, Inc. 99
Quintessence Labs 100
Raytheon 101
SeQureNet 102
SK Telecom 103
Toshiba Corporation 104
Universal Quantum Devices 105
ZTE 106
RELATED REPORTS 107
List of Tables:
Table 1. Snapshot of Europe 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 Europe Quantum Key Distribution Market 31
Table 7. Europe Quantum Key Distribution Market by Component, 2021-2031, $ mn 39
Table 8. Europe Quantum Key Distribution Market: Hardware by Type, 2021-2031, $ mn 41
Table 9. Europe Quantum Key Distribution Market: QKD Infrastructure by Type, 2021-2031, $ mn 43
Table 10. Europe Quantum Key Distribution Market: Services by Type, 2021-2031, $ mn 47
Table 11. Europe Quantum Key Distribution Market: Professional Services by Type, 2021-2031, $ mn 48
Table 12. Europe Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 50
Table 13. Europe Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 54
Table 14. Europe Quantum Key Distribution Market by Country, 2021-2031, $ mn 67
Table 15. Germany Quantum Key Distribution Market by Component, 2021-2031, $ mn 69
Table 16. Germany Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 69
Table 17. Germany Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 69
Table 18. U.K. Quantum Key Distribution Market by Component, 2021-2031, $ mn 71
Table 19. U.K. Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 71
Table 20. U.K. Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 71
Table 21. France Quantum Key Distribution Market by Component, 2021-2031, $ mn 73
Table 22. France Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 73
Table 23. France Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 73
Table 24. Spain Quantum Key Distribution Market by Component, 2021-2031, $ mn 75
Table 25. Spain Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 75
Table 26. Spain Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 75
Table 27. Italy Quantum Key Distribution Market by Component, 2021-2031, $ mn 77
Table 28. Italy Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 77
Table 29. Italy Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 77
Table 30. Netherlands Quantum Key Distribution Market by Component, 2021-2031, $ mn 79
Table 31. Netherlands Quantum Key Distribution Market by Security Type, 2021-2031, $ mn 79
Table 32. Netherlands Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn 79
Table 33. Quantum Key Distribution Market in Rest of Europe by Country, 2021-2031, $ mn 81
Table 34. ABB: Company Snapshot 86
Table 35. ABB: Business Segmentation 87
Table 36. ABB: Product Portfolio 87
