North America quantum cryptography market is projected to grow by 26.1% annually in the forecast period and reach $1,335.2 million by 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 25 tables and 58 figures, this 121-page report “North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico
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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of North America Market by Component 42
3.1 Market Overview by Component 42
3.2 Hardware with Embedded Software 44
3.2.1 Servers 46
3.2.2 Blades 47
3.2.3 R&D Platforms 48
3.2.4 Random Number Generators 49
3.3 Independent Cryptography Solutions/Software 50
3.3.1 Encryption 52
3.3.2 Transmission 53
3.3.3 Post-Quantum Cryptography 54
3.3.4 Crypto Libraries 55
3.4 Services 56
3.4.1 Deployment and Integration 57
3.4.2 Support and Maintenance 58
3.4.3 Consulting & Advisory 59
4 Segmentation of North America Market by Application 60
4.1 Market Overview by Application 60
4.2 Network Infrastructure Security 62
4.3 Application Security 63
4.4 Database Encryption 64
5 Segmentation of North America Market by Algorithm Type 65
5.1 Market Overview by Algorithm Type 65
5.2 Symmetric Key 67
5.3 Asymmetric Key 68
6 Segmentation of North America Market by Industry Vertical 69
6.1 Market Overview by Industry Vertical 69
6.2 Pharmaceutical and Healthcare 71
6.3 BFSI 72
6.4 Government and Public Services 73
6.5 Aerospace and Defense 74
6.6 Energy and Power 75
6.7 Automotive and Transportation 76
6.8 Chemical Industry 77
6.9 IT and Telecom 78
6.10 Manufacturing Industry 79
6.11 Other Industry Verticals 80
7 Segmentation of North America Market by Organization Size 81
7.1 Market Overview by Organization Size 81
7.2 SMEs 83
7.3 Large Enterprises 84
8 North America Market 2021-2031 by Country 85
8.1 Overview of North America Market 85
8.2 U.S. 88
8.3 Canada 91
8.4 Mexico 93
9 Competitive Landscape 95
9.1 Overview of Key Vendors 95
9.2 New Product Launch, Partnership, Investment, and M&A 98
9.3 Company Profiles 99
Anhui Qasky Quantum Technology Co., Ltd. 99
Aurea Technologies Inc. 101
Crypta Labs Ltd. 102
Hewlett-Packard Development Company, L.P. (HP) 103
ID Quantique SA (SK Telecom Co., Ltd.) 104
Infineon Technologies AG 105
International Business Machines Corp. (IBM) 106
ISARA Corporation 107
MagiQ Technologies Inc. 108
Mitsubishi Electric Corporation 109
NEC Corporation 110
NuCrypt LLC 111
PQ Solutions Limited 112
Quantum Xchange 113
QuantumCTek Co., Ltd. 114
Qubitekk Inc. 115
QuintessenceLabs Pty Ltd. 116
QuNu Labs Pvt. Ltd 117
Qutools GmbH 118
Raytheon Technologies Corp. 119
Toshiba Corp. 120
RELATED REPORTS 121
List of Tables:
Table 1. Snapshot of North America Quantum Cryptography Market in Balanced Perspective, 2021-2031 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Main Product Trends and Market Opportunities in North America Quantum Cryptography Market 34
Table 5. North America Quantum Cryptography Market by Component, 2021-2031, $ mn 42
Table 6. North America Quantum Cryptography Market: Hardware with Embedded Software by Type, 2021-2031, $ mn 45
Table 7. North America Quantum Cryptography Market: Independent Cryptography Solutions/Software by Type, 2021-2031, $ mn 51
Table 8. North America Quantum Cryptography Market: Services by Type, 2021-2031, $ mn 56
Table 9. North America Quantum Cryptography Market by Application, 2021-2031, $ mn 60
Table 10. North America Quantum Cryptography Market by Algorithm Type, 2021-2031, $ mn 65
Table 11. North America Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 69
Table 12. North America Quantum Cryptography Market by Organization Size, 2021-2031, $ mn 81
Table 13. North America Quantum Cryptography Market by Country, 2021-2031, $ mn 86
Table 14. U.S. Quantum Cryptography Market by Component, 2021-2031, $ mn 90
Table 15. U.S. Quantum Cryptography Market by Application, 2021-2031, $ mn 90
Table 16. U.S. Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 90
Table 17. Canada Quantum Cryptography Market by Component, 2021-2031, $ mn 92
Table 18. Canada Quantum Cryptography Market by Application, 2021-2031, $ mn 92
Table 19. Canada Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 92
Table 20. Mexico Quantum Cryptography Market by Component, 2021-2031, $ mn 94
Table 21. Mexico Quantum Cryptography Market by Application, 2021-2031, $ mn 94
Table 22. Mexico Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn 94
Table 23. Anhui Qasky Quantum Technology Co., Ltd.: Company Snapshot 99
Table 24. Anhui Qasky Quantum Technology Co., Ltd.: Business Segmentation 100
Table 25. Anhui Qasky Quantum Technology Co., Ltd.: Product Portfolio 100
