양자 네트워킹 시장 – 2029년까지의 세계 예측

조사회사 : MarketsandMarkets (마켓츠앤마켓츠)   출판년월 : 2024년09월

Quantum Networking Market – Global Forecast to 2029

양자 네트워킹 시장 – 제품 [양자 키 배포(QKD), 양자 난수 생성기(QRNG), 양자 중계기, 양자 메모리, 광자 검출기, 소프트웨어], 최종 사용자 산업(BFSI, 정부 및 방위, IT와 통신) – 2029년까지 세계 예측
Quantum Networking Market by Offering (Quantum Key Distribution (QKD), Quantum Random Number Generator (QRNG), Quantum Repeater, Quantum Memory, Photon Detectors, Software), End User Industry (BFSI, Government & Defense, IT & Telecom) – Global Forecast to 2029

　　　　주문/문의　　　　조사회사/라이센스/납기안내

양자 네트워킹 시장은 2024년에 8억 6,180만 달러 규모가 되고, 2024년부터 2029년까지 연평균 성장률(CAGR) 44.2%로 성장해, 2029년까지 53억 8,200만 달러에 달한다고 MarketsandMarkets에서는 예측 하고 있습니다.

「양자 네트워킹 시장 – 제품(QKD), 양자 난수 발생기(QRNG), 양자 중계기, 양자 메모리, 광자 검출기, 소프트웨어), 최종 사용자 산업(BFSI, 정부 및 국방, IT 및 통신) – 2029년까지의 세계 예측 – Quantum Networking Market by Offering (Quantum Key Distribution (QKD), Quantum Random Number Generator (QRNG), Quantum Repeater, Quantum Memory, Photon Detectors, Software), End User Industry (BFSI, Government & Defense, IT & Telecom) – Global Forecast to 2029」는 양자 네트워킹 시장을 오퍼링, 최종 사용자 산업, 용도, 지역으로 분류하여 분석 및 예측을 실시하고 있습니다. 양자 네트워킹 시장과 관련된 주요 시장 촉진 요인, 저해 요인, 시장 과제, 시장 기회를 해설하고, 2029년까지의 시장 예측도 실시하고 있습니다. 또한 양자 네트워킹 생태계의 모든 기업에 대한 리더십 매핑과 분석을 수행합니다.

주요 조사 대상 세그먼트

• 오퍼링
  • 하드웨어
  • 양자 키 배송(QKD) 시스템
  • 양자 난수 생성기(QRNG)
  • 양자 메모리
  • 양자 중계기
  • 기타
  • 소프트웨어
• 최종 사용자 산업
  • 항공 우주 및 방어
  • 은행업 및 금융
  • 정부 및 방어
  • 의료 및 생명 과학
  • IT & 통신
  • 에너지 및 공익 사업
  • 제조업
  • 기타
• 용도
  • 보안 커뮤니케이션
  • 분산형 양자 컴퓨팅
  • 양자 감지 및 양자 메트로로지
  • 양자 클럭 동기화
  • 안전한 투표
  • 안전한 금융 거래
• 지역
  • 북미
    • 미국
    • 캐나다
    • 멕시코
  • 유럽
    • 영국
    • 독일
    • 프랑스
    • 기타 유럽
  • 아시아 태평양 지역
    • 한국
    • 일본
    • 중국
    • 기타 아시아 태평양 지역
  • 기타 지역(RoW)
    • 중동
      • GCC
      • 기타 중동
    • 아프리카
    • 남미

Report Overview

The quantum networking market is expected to be worth USD 861.8 million in 2024 and is estimated to reach USD 5,382.0 million by 2029, growing at a CAGR of 44.2% between 2024 and 2029.

The market growth is driven by expanding use cases in secure communication, financial transactions, and defense. Also, with an increased focus of financial institutions and defense organizations toward protection and maintenance of privacy of data, demand will grow for devices such as quantum key distribution. Added to this is quantum technologies funding and initiatives by governments and corporations that further catapult the quantum networking market.

“Quantum Key Distribution (QKD) system segment to hold the high market share during the forecast period.”

Quantum Key Distribution (QKD) system segment will hold high market share during the forecast period. The market growth is credited to growing concerns over data security and threat towards traditional data encryption methods. This has let to increase in adoption of quantum networking solutions across banking and finance, government, and defense sectors. The industry participants are focusing on implementations  of QKD systems and running quantum networking pilot projects to gain a competitive edge in the market. For instance, in March 2024, Toshiba Corporation (Japan) announced strategic partnership with SoftBank Corp. (Japan) to demonstrate QKD operations with optical wireless communication. The partnership aims to showcases that secure QKD networks can be deployed over wireless communication infrastructure. Such significant partnership activities will propel the QKD segment growth over the forecast timeframe.

“Market for Government & Defense segment is projected to hold for largest share during the forecast timeline.”

Government and defense end user industry is projected to hold larger share during the forecast timeline. Quantum networking is done for the secure communication of classified information and national security in government and defense sectors. Quantum networks ensure that the communication channels can, in effect, be made immune to eavesdropping. QKD will enable the generation of cryptographic keys, which, by the very law of Physics itself, are safe against any form of computational attack, including those coming from the future quantum computers. This opens up a way to protect sensitive information, assure military communications integrity, and protect national secrets. In addition, quantum-secured military communications are supposed to be kept confidential and authenticated against advanced cyber threats; therefore, they become exceedingly important for secret defense operations and strategic planning.

“North America is expected to hold for largest share during the forecast timeline.”

North America will occupy the largest share during the forecast period since The US is home to research institutions and innovation hubs of worldwide repute, leading from the forefront in quantum networking research. Universities like MIT, Stanford, and the University of Chicago, along with national laboratories such as Argonne and Los Alamos, are leading different cutting-edge researches in quantum communication and networking. Recently, The U.S. Department of Energy declared USD 24 million, in funding for three projects driving the research into quantum networks. The focus will be on scalable quantum network communications. The funding will go to three projects whose objectives are threefold: allowing distributed quantum computers, integrating precision quantum sensors, and giving rise to new network architectures and protocols that will realize improved quantum information flow and error mitigation.

Extensive primary interviews were conducted with key industry experts in the quantum networking market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below: The break-up of the profile of primary participants in the quantum networking market:

• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C Level – 45%, Director Level – 35%, Others-20%
• By Region: North America – 40%, Europe – 18%, Asia Pacific – 35%, ROW- 7%

The report profiles key players in the quantum networking market with their respective market ranking analysis. Prominent players profiled in this report are TOSHIBA CORPORATION (Japan), Terra Quantum (Switzerland), Quantumctek Co.,Ltd. (China), ID Quantique (Switzerland), HEQA Security (Israel), QuintessenceLabs (Australia), MagiQ Technologies (US), Crypta Labs Limited (UK), Quantum Xchange (US), Qunnect Inc. (US), among others.

Apart from this, Qubitekk, Inc. (US), Aliro Technologies, Inc. (US), QuNu Labs Private Limited. (India), Arqit Quantum Inc. (UK), Miraex (Switzerland), SpeQtral Pte Ltd (Singapore), KETS QUANTUM SECURITY LTD (UK), Aegiq Ltd. (Sheffield), QuBalt GmbH (Germany), SSH (Finland), QuSecure, Inc. (US), VeriQloud (France), Qrypt (New York), Quside Technologies. (Spain), LuxQuanta Technologies S.L. (Spain),  are among a few emerging companies in the quantum networking market.

Research Coverage: This research report categorizes the quantum networking market based on offering, end user Industry, application, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the quantum networking market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the quantum networking ecosystem.

Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall quantum networking market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (expanding cyber threats; the surge in data generation necessitating robust and scalable security solutions capable of handling large volumes of sensitive information) influencing the growth of the quantum networking market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the quantum networking market.
• Market Development: Comprehensive information about lucrative markets – the report analysis the quantum networking market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the quantum networking market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like TOSHIBA CORPORATION (Japan), Terra Quantum (Switzerland), Quantumctek Co.,Ltd. (China), ID Quantique (Switzerland), HEQA Security (Israel), among others in the quantum networking market.

Table of Contents

1            INTRODUCTION            24

1.1         STUDY OBJECTIVES      24

1.2         MARKET DEFINITION   24

1.3         STUDY SCOPE  25

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     25

1.3.2      INCLUSIONS AND EXCLUSIONS 26

1.3.3      YEARS CONSIDERED     26

1.4         CURRENCY CONSIDERED          27

1.5         LIMITATIONS   27

1.6         STAKEHOLDERS            27

2            RESEARCH METHODOLOGY     28

2.1         RESEARCH DATA           28

2.1.1      SECONDARY DATA       29

2.1.1.1   List of key secondary sources           29

2.1.1.2   Key data from secondary sources     30

2.1.2      PRIMARY DATA 30

2.1.2.1   List of primary interview participants             31

2.1.2.2   Breakdown of primaries     31

2.1.2.3   Key data from primary sources         32

2.1.2.4   Key industry insights          33

2.1.3      SECONDARY AND PRIMARY RESEARCH 34

2.2         MARKET SIZE ESTIMATION METHODOLOGY    35

2.2.1      BOTTOM-UP APPROACH           37

2.2.1.1   Approach to arrive at market size using bottom-up analysis

(demand side)     37

2.2.2      TOP-DOWN APPROACH             38

2.2.2.1   Approach to arrive at market size using top-down analysis

(supply side)        38

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    39

2.4         RESEARCH ASSUMPTIONS         40

2.5         RISK ANALYSIS 41

2.6         RESEARCH LIMITATIONS           41

3            EXECUTIVE SUMMARY 42

4            PREMIUM INSIGHTS      46

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN QUANTUM NETWORKING MARKET             46

4.2         QUANTUM NETWORKING MARKET, BY OFFERING        47

4.3         QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY     47

4.4         QUANTUM NETWORKING MARKET, BY COUNTRY         48

4.5         QUANTUM NETWORKING MARKET, BY REGION             48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     50

5.2.1      DRIVERS            50

5.2.1.1   Increasing complexity of cyber-attacks in digital era     50

5.2.1.2   Rising data generation from IoT and cloud computing devices   51

5.2.1.3   Mounting demand for secure communication channels 51

5.2.2      RESTRAINTS     53

5.2.2.1   High costs of quantum networking hardware 53

5.2.2.2   Standardization and interoperability issues    53

5.2.3      OPPORTUNITIES           54

5.2.3.1   Rising emphasis on data protection and privacy           54

5.2.3.2   Increasing allocation of funds for developing quantum technologies         55

5.2.3.3   Emergence of smart cities and industrial automation   55

5.2.4      CHALLENGES   56

5.2.4.1   Sensitivity of quantum systems to electromagnetic radiation      56

5.2.4.2   Technical compatibility issues          57

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       58

5.4         PRICING ANALYSIS        58

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING              59

5.4.2      AVERAGE SELLING PRICE TREND, BY REGION  60

5.5         VALUE CHAIN ANALYSIS            61

5.6         ECOSYSTEM ANALYSIS 63

5.7         INVESTMENT AND FUNDING SCENARIO            66

5.8         TECHNOLOGY ANALYSIS           66

5.8.1      KEY TECHNOLOGIES    66

5.8.1.1   Quantum sensing 66

5.8.1.2   Quantum computing          67

5.8.2      COMPLEMENTARY TECHNOLOGIES     68

5.8.2.1   Post-quantum cryptography            68

5.8.2.2   Integrated quantum circuits             68

5.8.3      ADJACENT TECHNOLOGIES      69

5.8.3.1   Photonics and optoelectronics         69

5.9         PATENT ANALYSIS        70

5.10       TRADE ANALYSIS          80

5.10.1    IMPORT SCENARIO (HS CODE 847180)  80

5.10.2    EXPORT SCENARIO (HS CODE 847180)  81

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     82

5.12       CASE STUDY ANALYSIS 84

5.12.1    GLOBAL TECH SOLUTIONS ADOPTS QRNG-INTEGRATED EZQUANT SECURITY KEY TO ENABLE SECURE PASSWORDLESS AUTHENTICATION              84

5.12.2    HITACHI ENERGY AND ID QUANTIQUE PARTNER TO SECURE MISSION-CRITICAL NETWORKS WITH QUANTUM ENCRYPTION             84

5.12.3    EPB, QUBITEKK, AND ALIRO UNITE TO ENABLE SECURE AND SCALABLE COMMUNICATION WITH EPB QUANTUM NETWORK             85

5.12.4    QUANTUM COMMUNICATIONS HUB DEPLOYS QKD ACROSS UKQN AND UKQNTEL NETWORKS TO ESTABLISH SECURE QUANTUM COMMUNICATION        85

5.12.5    THALES TRUSTED CYBER TECHNOLOGIES ADOPTS LUNA T-SERIES HSMS WITH ID QUANTIQUE’S QRNG CHIP TO ADDRESS CYBER THREATS              86

5.13       REGULATORY LANDSCAPE       87

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          87

5.13.2    STANDARDS     90

5.14       PORTER’S FIVE FORCES ANALYSIS         91

5.14.1    THREAT OF NEW ENTRANTS    92

5.14.2    THREAT OF SUBSTITUTES         92

5.14.3    BARGAINING POWER OF SUPPLIERS     92

5.14.4    BARGAINING POWER OF BUYERS           92

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 92

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    93

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         93

5.15.2    BUYING CRITERIA         94

5.16       IMPACT OF AI ON QUANTUM NETWORKING MARKET  95

5.16.1    INTRODUCTION            95

5.16.2    CASE STUDY: APPLICATION OF AI IN MARL-BASED APPROACH FOR DECENTRALIZED RESOURCE ALLOCATION IN QUANTUM COMPUTING NETWORKS       96

6            QUANTUM NETWORKING APPLICATIONS         97

6.1         INTRODUCTION            97

6.2         SECURE COMMUNICATION       97

6.3         DISTRIBUTED QUANTUM COMPUTING             98

6.4         QUANTUM SENSING & METROLOGY     99

6.5         QUANTUM CLOCK SYNCHRONIZATION             99

6.6         SECURE VOTING            100

6.7         SECURE FINANCIAL TRANSACTION       100

7            QUANTUM NETWORKING MARKET, BY OFFERING        102

7.1         INTRODUCTION            103

7.2         HARDWARE      104

7.2.1      QUANTUM KEY DISTRIBUTION SYSTEMS           108

7.2.1.1   Increasing need for promising technology for long-term data security to expedite segmental growth 108

7.2.2      QUANTUM RANDOM NUMBER GENERATORS   110

7.2.2.1   Rising emphasis on secure financial transactions and communications to drive market   110

7.2.3      QUANTUM MEMORY DEVICES  111

7.2.3.1   Growing focus on efficient storage and management of quantum information for computation tasks to boost segmental growth 111

7.2.4      QUANTUM REPEATERS 112

7.2.4.1   Increasing integration with telecom infrastructure to transform communications to fuel segmental growth    112

7.2.5      OTHER HARDWARE TYPES        113

7.3         SOFTWARE       114

7.3.1      GROWING CONCERN ABOUT CYBER THREATS AND DATA BREACHES TO CONTRIBUTE TO SEGMENTAL GROWTH    114

8            QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY     118

8.1         INTRODUCTION            119

8.2         BANKING & FINANCE    120

8.2.1      INCREASING FREQUENCY OF CYBER-ATTACKS TO BOOST SEGMENTAL GROWTH 120

8.3         GOVERNMENT & DEFENSE        125

8.3.1      GROWING DEMAND FOR ROBUST ENCRYPTION SOLUTIONS TO SAFEGUARD CRITICAL INFRASTRUCTURE TO FOSTER SEGMENTAL GROWTH              125

8.4         HEALTHCARE & LIFE SCIENCES 128

8.4.1      RISING EMPHASIS ON SAFEGUARDING SENSITIVE PATIENT INFORMATION TO AUGMENT SEGMENTAL GROWTH  128

8.5         IT & TELECOM 132

8.5.1      INCREASING FOCUS ON PREVENTING SIGNAL LOSS AND INTERFERENCE TO BOLSTER SEGMENTAL GROWTH    132

8.6         ENERGY & UTILITIES    135

8.6.1      RISING FOCUS ON ACCURATE WEATHER FORECASTING AND SAFE DATA EXCHANGE TO BOOST SEGMENTAL GROWTH    135

8.7         MANUFACTURING        139

8.7.1      INCREASING DATA GENERATION AND NEED FOR ADVANCED SECURITY AND COMMUNICATION SOLUTIONS TO FUEL SEGMENTAL GROWTH          139

8.8         OTHER END-USE INDUSTRIES  142

9            QUANTUM NETWORKING MARKET, BY REGION             146

9.1         INTRODUCTION            147

9.2         NORTH AMERICA          148

9.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA   148

9.2.2      US         152

9.2.2.1   Mounting investment in advanced communication technologies to foster market growth   152

9.2.3      CANADA            154

9.2.3.1   Increasing development of algorithms to enhance telecom networks to expedite market growth     154

9.2.4      MEXICO             156

9.2.4.1   Rising allocation of funds to develop advanced information technologies to drive market   156

9.3         EUROPE             158

9.3.1      MACROECONOMIC OUTLOOK FOR EUROPE     158

9.3.2      UK         162

9.3.2.1   Rising emphasis on addressing cybersecurity threats to accelerate market growth              162

9.3.3      GERMANY         164

9.3.3.1   Growing focus on enabling secure and efficient data exchange to augment market growth   164

9.3.4      FRANCE             166

9.3.4.1   Surging demand for advanced technologies for secure communication to contribute to market growth            166

9.3.5      REST OF EUROPE           168

9.4         ASIA PACIFIC    170

9.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          171

9.4.2      CHINA  175

9.4.2.1   Rising investment in emerging technologies to accelerate market growth 175

9.4.3      JAPAN  177

9.4.3.1   Increasing focus on advancing high-tech sector to spur demand 177

9.4.4      SOUTH KOREA 178

9.4.4.1   Growing focus on technological innovation to contribute to market growth              178

9.4.5      REST OF ASIA PACIFIC  180

9.5         ROW     182

9.5.1      MACROECONOMIC OUTLOOK FOR ROW           182

9.5.2      MIDDLE EAST  186

9.5.2.1   Increasing need for robust and secure communication systems to boost market growth   186

9.5.2.2   GCC countries     188

9.5.2.3   Rest of Middle East            188

9.5.3      AFRICA 189

9.5.3.1   Growing interest in enhancing technological capabilities and securing communication infrastructure to augment market growth          189

9.5.4      SOUTH AMERICA           191

9.5.4.1   Rising emphasis on technology-driven economic growth to drive market  191

10          COMPETITIVE LANDSCAPE       193

10.1       OVERVIEW        193

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     193

10.3       REVENUE ANALYSIS, 2021–2023 195

10.4       MARKET SHARE ANALYSIS, 2023             196

10.5       COMPANY VALUATION AND FINANCIAL METRICS        199

10.6       BRAND/PRODUCT COMPARISON          200

10.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   201

10.7.1    STARS  201

10.7.2    EMERGING LEADERS    201

10.7.3    PERVASIVE PLAYERS     201

10.7.4    PARTICIPANTS 201

10.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      203

10.7.5.1 Company footprint            203

10.7.5.2 Offering footprint 204

10.7.5.3 End-use industry footprint 205

10.7.5.4 Region footprint  206

10.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          206

10.8.1    PROGRESSIVE COMPANIES       206

10.8.2    RESPONSIVE COMPANIES          206

10.8.3    DYNAMIC COMPANIES 206

10.8.4    STARTING BLOCKS       207

10.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             208

10.8.5.1 Detailed list of key startups/SMEs   208

10.8.5.2 Competitive benchmarking of key startups/SMEs        209

10.9       COMPETITIVE SCENARIO          210

10.9.1    PRODUCT LAUNCHES  210

10.9.2    DEALS  211

11          COMPANY PROFILES    213

11.1       KEY PLAYERS   213

11.1.1    TOSHIBA CORPORATION           213

11.1.1.1 Business overview 213

11.1.1.2 Products/Solutions/Services offered 215

11.1.1.3 Recent developments         215

11.1.1.3.1            Product launches 215

11.1.1.3.2            Deals     216

11.1.1.3.3            Expansions          217

11.1.1.4 MnM view           218

11.1.1.4.1            Key strengths/Right to win 218

11.1.1.4.2            Strategic choices  218

11.1.1.4.3            Weaknesses/Competitive threats     218

11.1.2    ID QUANTIQUE 219

11.1.2.1 Business overview 219

11.1.2.2 Products/Solutions/Services offered 220

11.1.2.3 Recent developments         222

11.1.2.3.1            Product launches 222

11.1.2.3.2            Deals     223

11.1.2.4 MnM view           225

11.1.2.4.1            Key strengths/Right to win 225

11.1.2.4.2            Strategic choices  225

11.1.2.4.3            Weaknesses/Competitive threats     225

11.1.3    HEQA SECURITY            226

11.1.3.1 Products/Solutions/Services offered 226

11.1.3.2 Recent developments         227

11.1.3.2.1            Deals     227

11.1.3.3 MnM view           228

11.1.3.3.1            Key strengths/Right to win 228

11.1.3.3.2            Strategic choices  228

11.1.3.3.3            Weaknesses/Competitive threats     228

11.1.4    QUANTUMCTEK CO., LTD.        229

11.1.4.1 Business overview 229

11.1.4.2 Products/Solutions/Services offered 231

11.1.4.3 MnM view           232

11.1.4.3.1            Key strengths/Right to win 232

11.1.4.3.2            Strategic choices  232

11.1.4.3.3            Weaknesses/Competitive threats     232

11.1.5    QUINTESSENCELABS    233

11.1.5.1 Business overview 233

11.1.5.2 Products/Solutions/Services offered 234

11.1.5.3 Recent developments         235

11.1.5.3.1            Product launches 235

11.1.5.3.2            Deals     235

11.1.5.4 MnM view           236

11.1.5.4.1            Key strengths/Right to win 236

11.1.5.4.2            Strategic choices  236

11.1.5.4.3            Weaknesses/Competitive threats     236

11.1.6    TERRA QUANTUM         237

11.1.6.1 Business overview 237

11.1.6.2 Products/Solutions/Services offered 238

11.1.6.3 Recent developments         238

11.1.6.3.1            Product launches 238

11.1.6.3.2            Deals     239

11.1.7    MAGIQ TECHNOLOGIES            240

11.1.7.1 Business overview 240

11.1.7.2 Products/Solutions/Services offered 241

11.1.8    CRYPTA LABS LIMITED 242

11.1.8.1 Business overview 242

11.1.8.2 Products/Solutions/Services offered 242

11.1.8.3 Recent developments         243

11.1.8.3.1            Deals     243

11.1.9    QUANTUM XCHANGE   244

11.1.9.1 Business overview 244

11.1.9.2 Products/Solutions/Services offered 245

11.1.9.3 Recent developments         245

11.1.9.3.1            Product launches 245

11.1.9.3.2            Deals     246

11.1.10  QUNNECT INC. 247

11.1.10.1             Business overview 247

11.1.10.2             Products/Solutions/Services offered 248

11.1.10.3             Recent developments         249

11.1.10.3.1          Expansions          249

11.2       OTHER PLAYERS           250

11.2.1    QUBITEKK, INC.             250

11.2.2    ALIRO TECHNOLOGIES, INC.    251

11.2.3    QUNU LABS PRIVATE LIMITED 252

11.2.4    ARQIT  253

11.2.5    MIRAEX              254

11.2.6    SPEQTRAL PTE LTD      255

11.2.7    KETS QUANTUM SECURITY LTD.           256

11.2.8    AEGIQ LTD.      257

11.2.9    QUBALT GMBH 258

11.2.10  SSH       259

11.2.11  QUSECURE, INC.            260

11.2.12  VERIQLOUD     261

11.2.13  QRYPT 262

11.2.14  QUSIDE TECHNOLOGIES           263

11.2.15  LUXQUANTA TECHNOLOGIES S.L.        264

12          APPENDIX         265

12.1       INSIGHTS FROM INDUSTRY EXPERTS   265

12.2       DISCUSSION GUIDE      265

12.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             269

12.4       CUSTOMIZATION OPTIONS      271

12.5       RELATED REPORTS       271

12.6       AUTHOR DETAILS         272

LIST OF TABLES

TABLE 1             QUANTUM NETWORKING MARKET: RISK ANALYSIS      41

TABLE 2             INDICATIVE PRICING TREND OF QUANTUM NETWORKING TECHNOLOGIES OFFERED BY KEY PLAYERS, BY OFFERING (USD)          59

TABLE 3             INDICATIVE PRICING TREND OF QUANTUM NETWORKING TECHNOLOGIES,

BY OFFERING, 2020–2023 (USD) 59

TABLE 4             AVERAGE SELLING PRICE TREND OF QUANTUM KEY DISTRIBUTION SYSTEMS,

BY REGION, 2020–2023 (USD)     60

TABLE 5             AVERAGE SELLING PRICE TREND OF QUANTUM RANDOM NUMBER GENERATORS, BY REGION, 2020–2023 (USD)   61

TABLE 6             ROLE OF COMPANIES IN QUANTUM NETWORKING ECOSYSTEM     65

TABLE 7             LIST OF PATENTS, 2022–2024     70

TABLE 8             IMPORT SCENARIO FOR HS CODE 847180-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            80

TABLE 9             EXPORT SCENARIO FOR HS CODE 847180-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            81

TABLE 10           LIST OF KEY CONFERENCES AND EVENTS, 2024–2025    82

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 87

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 88

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 89

TABLE 14           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 89

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES (%) 93

TABLE 16           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              94

TABLE 17           QUANTUM NETWORKING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 104

TABLE 18           QUANTUM NETWORKING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 104

TABLE 19           HARDWARE: QUANTUM NETWORKING MARKET,

BY TYPE, 2020–2023 (USD MILLION)       105

TABLE 20           HARDWARE: QUANTUM NETWORKING MARKET,

BY TYPE, 2024–2029 (USD MILLION)       105

TABLE 21           HARDWARE: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  105

TABLE 22           HARDWARE: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  106

TABLE 23           HARDWARE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            106

TABLE 24           HARDWARE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            106

TABLE 25           HARDWARE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            106

TABLE 26           HARDWARE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            107

TABLE 27           HARDWARE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            107

TABLE 28           HARDWARE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            107

TABLE 29           HARDWARE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  108

TABLE 30           HARDWARE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  108

TABLE 31           QUANTUM KEY DISTRIBUTION SYSTEMS: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  109

TABLE 32           QUANTUM KEY DISTRIBUTION SYSTEMS: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  109

TABLE 33           QUANTUM RANDOM NUMBER GENERATORS: QUANTUM NETWORKING MARKET, BY REGION, 2020–2023 (USD MILLION) 110

TABLE 34           QUANTUM RANDOM NUMBER GENERATORS: QUANTUM NETWORKING MARKET, BY REGION, 2024–2029 (USD MILLION) 111

TABLE 35           QUANTUM MEMORY DEVICES: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  112

TABLE 36           QUANTUM MEMORY DEVICES: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  112

TABLE 37           QUANTUM REPEATERS: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  113

TABLE 38           QUANTUM REPEATERS: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  113

TABLE 39           OTHER HARDWARE TYPES: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  114

TABLE 40           OTHER HARDWARE TYPES: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  114

TABLE 41           SOFTWARE: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  115

TABLE 42           SOFTWARE: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  115

TABLE 43           SOFTWARE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            116

TABLE 44           SOFTWARE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            116

TABLE 45           SOFTWARE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            116

TABLE 46           SOFTWARE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            116

TABLE 47           SOFTWARE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            117

TABLE 48           SOFTWARE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            117

TABLE 49           SOFTWARE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  117

TABLE 50           SOFTWARE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  117

TABLE 51           QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          120

TABLE 52           QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          120

TABLE 53           BANKING & FINANCE: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  121

TABLE 54           BANKING & FINANCE: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  122

TABLE 55           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            122

TABLE 56           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            122

TABLE 57           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            123

TABLE 58           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            123

TABLE 59           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            123

TABLE 60           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            124

TABLE 61           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  124

TABLE 62           BANKING & FINANCE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  124

TABLE 63           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  125

TABLE 64           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  126

TABLE 65           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)              126

TABLE 66           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)              126

TABLE 67           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            126

TABLE 68           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            127

TABLE 69           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            127

TABLE 70           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            127

TABLE 71           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  128

TABLE 72           GOVERNMENT & DEFENSE: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  128

TABLE 73           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  129

TABLE 74           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  129

TABLE 75           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET

IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)  129

TABLE 76           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET

IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)  130

TABLE 77           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            130

TABLE 78           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            130

TABLE 79           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET

IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)          130

TABLE 80           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET

IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)          131

TABLE 81           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  131

TABLE 82           HEALTHCARE & LIFE SCIENCES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  131

TABLE 83           IT & TELECOM: QUANTUM NETWORKING MARKET, BY REGION,

2020–2023 (USD MILLION)          132

TABLE 84           IT & TELECOM: QUANTUM NETWORKING MARKET, BY REGION,

2024–2029 (USD MILLION)          133

TABLE 85           IT & TELECOM: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            133

TABLE 86           IT & TELECOM: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            133

TABLE 87          IT & TELECOM: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            133

TABLE 88          IT & TELECOM: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            134

TABLE 89           IT & TELECOM: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            134

TABLE 90           IT & TELECOM: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            134

TABLE 91           IT & TELECOM: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  134

TABLE 92           IT & TELECOM: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  135

TABLE 93           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  136

TABLE 94           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  136

TABLE 95           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            136

TABLE 96           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            136

TABLE 97           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            137

TABLE 98           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            137

TABLE 99           ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)            137

TABLE 100         ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)            138

TABLE 101         ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)  138

TABLE 102         ENERGY & UTILITIES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD MILLION)  138

TABLE 103         MANUFACTURING: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  139

TABLE 104         MANUFACTURING: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  140

TABLE 105         MANUFACTURING: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)            140

TABLE 106         MANUFACTURING: QUANTUM NETWORKING MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)            140

TABLE 107         MANUFACTURING: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)            140

TABLE 108         MANUFACTURING: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)            141

TABLE 109         MANUFACTURING: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, BY COUNTRY, 2020–2023 (USD MILLION) 141

TABLE 110         MANUFACTURING: QUANTUM NETWORKING MARKET IN ASIA PACIFIC,

BY COUNTRY, BY COUNTRY, 2024–2029 (USD MILLION) 141

TABLE 111         MANUFACTURING: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD THOUSAND)           142

TABLE 112         MANUFACTURING: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD THOUSAND)           142

TABLE 113         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET,

BY REGION, 2020–2023 (USD MILLION)  143

TABLE 114         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET,

BY REGION, 2024–2029 (USD MILLION)  143

TABLE 115         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET

IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD THOUSAND)           143

TABLE 116         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET

IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD THOUSAND)           144

TABLE 117         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD THOUSAND)       144

TABLE 118         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD THOUSAND)       144

TABLE 119         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD THOUSAND)  145

TABLE 120         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD THOUSAND)  145

TABLE 121         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2020–2023 (USD THOUSAND)           145

TABLE 122         OTHER END-USE INDUSTRIES: QUANTUM NETWORKING MARKET IN ROW,

BY REGION, 2024–2029 (USD THOUSAND)           145

TABLE 123         QUANTUM NETWORKING MARKET, BY REGION, 2020–2023 (USD MILLION) 147

TABLE 124         QUANTUM NETWORKING MARKET, BY REGION, 2024–2029 (USD MILLION) 148

TABLE 125         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            150

TABLE 126         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            150

TABLE 127         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            151

TABLE 128         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            151

TABLE 129         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        151

TABLE 130         NORTH AMERICA: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        152

TABLE 131         US: QUANTUM NETWORKING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     153

TABLE 132         US: QUANTUM NETWORKING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     153

TABLE 133         US: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          153

TABLE 134         US: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          154

TABLE 135         CANADA: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          155

TABLE 136         CANADA: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          155

TABLE 137         CANADA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          155

TABLE 138         CANADA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          156

TABLE 139         MEXICO: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          157

TABLE 140         MEXICO: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          157

TABLE 141         MEXICO: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     157

TABLE 142         MEXICO: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     158

TABLE 143         EUROPE: QUANTUM NETWORKING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          160

TABLE 144         EUROPE: QUANTUM NETWORKING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          160

TABLE 145         EUROPE: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          161

TABLE 146         EUROPE: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          161

TABLE 147         EUROPE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          161

TABLE 148         EUROPE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          162

TABLE 149         UK: QUANTUM NETWORKING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     163

TABLE 150         UK: QUANTUM NETWORKING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     163

TABLE 151         UK: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          163

TABLE 152         UK: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          164

TABLE 153         GERMANY: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          165

TABLE 154         GERMANY: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          165

TABLE 155         GERMANY: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          165

TABLE 156         GERMANY: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          166

TABLE 157         FRANCE: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          167

TABLE 158         FRANCE: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          167

TABLE 159         FRANCE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     167

TABLE 160         FRANCE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     168

TABLE 161         REST OF EUROPE: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          169

TABLE 162         REST OF EUROPE: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          169

TABLE 163         REST OF EUROPE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 169

TABLE 164         REST OF EUROPE: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 170

TABLE 165         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          173

TABLE 166         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          173

TABLE 167         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          174

TABLE 168         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          174

TABLE 169         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          174

TABLE 170         ASIA PACIFIC: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          175

TABLE 171         CHINA: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          175

TABLE 172         CHINA: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          176

TABLE 173         CHINA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          176

TABLE 174         CHINA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          176

TABLE 175         JAPAN: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          177

TABLE 176         JAPAN: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          177

TABLE 177         JAPAN: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     178

TABLE 178         JAPAN: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     178

TABLE 179         SOUTH KOREA: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          179

TABLE 180         SOUTH KOREA: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          179

TABLE 181         SOUTH KOREA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     180

TABLE 182         SOUTH KOREA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     180

TABLE 183         REST OF ASIA PACIFIC: QUANTUM NETWORKING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            181

TABLE 184         REST OF ASIA PACIFIC: QUANTUM NETWORKING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            181

TABLE 185         REST OF ASIA PACIFIC: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, BY OFFERING, 2020–2023 (USD THOUSAND)     181

TABLE 186         REST OF ASIA PACIFIC: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, BY OFFERING, 2024–2029 (USD THOUSAND)     182

TABLE 187         ROW: QUANTUM NETWORKING MARKET, BY REGION, 2020–2023 (USD MILLION)     184

TABLE 188         ROW: QUANTUM NETWORKING MARKET, BY REGION, 2024–2029 (USD MILLION)     184

TABLE 189         ROW: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          185

TABLE 190         ROW: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          185

TABLE 191         ROW: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          185

TABLE 192         ROW: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          186

TABLE 193         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          186

TABLE 194         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          187

TABLE 195         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          187

TABLE 196         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          187

TABLE 197         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     187

TABLE 198         MIDDLE EAST: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     188

TABLE 199         AFRICA: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          189

TABLE 200         AFRICA: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          190

TABLE 201         AFRICA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2020–2023 (USD THOUSAND)     190

TABLE 202         AFRICA: QUANTUM NETWORKING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD THOUSAND)     190

TABLE 203         SOUTH AMERICA: QUANTUM NETWORKING MARKET, BY OFFERING,

2020–2023 (USD MILLION)          191

TABLE 204         SOUTH AMERICA: QUANTUM NETWORKING MARKET, BY OFFERING,

2024–2029 (USD MILLION)          191

TABLE 205         SOUTH AMERICA: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, 2020–2023 (USD THOUSAND)   192

TABLE 206         SOUTH AMERICA: QUANTUM NETWORKING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD THOUSAND)   192

TABLE 207         QUANTUM NETWORKING MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2020–2024       193

TABLE 208         QUANTUM NETWORKING MARKET: DEGREE OF COMPETITION, 2023     196

TABLE 209         QUANTUM NETWORKING MARKET: OFFERING FOOTPRINT              204

TABLE 210         QUANTUM NETWORKING MARKET: END-USE INDUSTRY FOOTPRINT      205

TABLE 211         QUANTUM NETWORKING MARKET: REGION FOOTPRINT              206

TABLE 212         QUANTUM NETWORKING MARKET: DETAILED LIST OF KEY STARTUPS/SMES           208

TABLE 213         QUANTUM NETWORKING MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES           209

TABLE 214         QUANTUM NETWORKING MARKET: PRODUCT LAUNCHES,

JANUARY 2020–JUNE 2024           210

TABLE 215         QUANTUM NETWORKING MARKET: DEALS, JANUARY 2020–JUNE 2024          211

TABLE 216         TOSHIBA CORPORATION: COMPANY OVERVIEW           213

TABLE 217         TOSHIBA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          215

TABLE 218         TOSHIBA CORPORATION: PRODUCT LAUNCHES           215

TABLE 219         TOSHIBA CORPORATION: DEALS           216

TABLE 220         TOSHIBA CORPORATION: EXPANSIONS             217

TABLE 221         ID QUANTIQUE: COMPANY OVERVIEW 219

TABLE 222         ID QUANTIQUE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              220

TABLE 223         ID QUANTIQUE: PRODUCT LAUNCHES 222

TABLE 224         ID QUANTIQUE: DEALS 223

TABLE 225         HEQA SECURITY: COMPANY OVERVIEW             226

TABLE 226         HEQA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          226

TABLE 227         HEQA SECURITY: DEALS            227

TABLE 228         QUANTUMCTEK CO., LTD.: COMPANY OVERVIEW         229

TABLE 229         QUANTUMCTEK CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   231

TABLE 230         QUINTESSENCELABS: COMPANY OVERVIEW     233

TABLE 231         QUINTESSENCELABS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          234

TABLE 232         QUINTESSENCELABS: PRODUCT LAUNCHES     235

TABLE 233         QUINTESSENCELABS: DEALS    235

TABLE 234         TERRA QUANTUM: COMPANY OVERVIEW         237

TABLE 235         TERRA QUANTUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED          238

TABLE 236         TERRA QUANTUM: PRODUCT LAUNCHES         238

TABLE 237         TERRA QUANTUM: DEALS         239

TABLE 238         MAGIQ TECHNOLOGIES: COMPANY OVERVIEW             240

TABLE 239         MAGIQ TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          241

TABLE 240         CRYPTA LABS LIMITED: COMPANY OVERVIEW 242

TABLE 241         CRYPTA LABS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED          242

TABLE 242         CRYPTA LABS LIMITED: DEALS 243

TABLE 243         QUANTUM XCHANGE: COMPANY OVERVIEW   244

TABLE 244         QUANTUM XCHANGE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          245

TABLE 245         QUANTUM XCHANGE: PRODUCT LAUNCHES   245

TABLE 246         QUANTUM XCHANGE: DEALS   246

TABLE 247         QUNNECT INC.: COMPANY OVERVIEW 247

TABLE 248         QUNNECT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              248

TABLE 249         QUNNECT INC.: EXPANSIONS   249

LIST OF FIGURES

FIGURE 1           QUANTUM NETWORKING MARKET SEGMENTATION   25

FIGURE 2           QUANTUM NETWORKING MARKET: RESEARCH DESIGN              28

FIGURE 3           QUANTUM NETWORKING MARKET: RESEARCH FLOW  35

FIGURE 4           QUANTUM NETWORKING MARKET SIZE ESTIMATION METHODOLOGY           36

FIGURE 5           QUANTUM NETWORKING MARKET: BOTTOM-UP APPROACH              37

FIGURE 6           QUANTUM NETWORKING MARKET: TOP-DOWN APPROACH              38

FIGURE 7           QUANTUM NETWORKING MARKET: DATA TRIANGULATION              39

FIGURE 8           QUANTUM NETWORKING MARKET: RESEARCH ASSUMPTIONS              40

FIGURE 9           HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2029  43

FIGURE 10         GOVERNMENT & DEFENSE SEGMENT TO DOMINATE QUANTUM NETWORKING MARKET FROM 2024 TO 2029             44

FIGURE 11         NORTH AMERICA HELD LARGEST SHARE OF QUANTUM NETWORKING MARKET

IN 2023 45

FIGURE 12         RISING EMPHASIS ON SECURE COMMUNICATION TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN QUANTUM NETWORKING MARKET            46

FIGURE 13         HARDWARE SEGMENT TO EXHIBIT HIGHER CAGR FROM 2024 TO 2029              47

FIGURE 14         IT & TELECOM SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD     47

FIGURE 15         CANADA TO EXHIBIT HIGHEST CAGR IN GLOBAL QUANTUM NETWORKING MARKET DURING FORECAST PERIOD    48

FIGURE 16         NORTH AMERICA TO RECORD HIGHEST CAGR IN QUANTUM NETWORKING MARKET BETWEEN 2024 AND 2029          48

FIGURE 17         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES              50

FIGURE 18         VOLUME OF DATA GENERATED WORLDWIDE, 2020–2025 (ZETTABYTES) 51

FIGURE 19         IMPACT ANALYSIS: DRIVERS     52

FIGURE 20         IMPACT ANALYSIS: RESTRAINTS            54

FIGURE 21         IMPACT ANALYSIS: OPPORTUNITIES    56

FIGURE 22         IMPACT ANALYSIS: CHALLENGES          58

FIGURE 23         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              58

FIGURE 24         AVERAGE SELLING PRICE TREND OF QUANTUM NETWORKING TECHNOLOGIES OFFERED BY KEY PLAYERS, BY OFFERING              59

FIGURE 25         AVERAGE SELLING PRICE TREND OF QUANTUM KEY DISTRIBUTION SYSTEMS,

BY REGION, 2020–2023  60

FIGURE 26         AVERAGE SELLING PRICE TREND OF QUANTUM RANDOM NUMBER GENERATORS, BY REGION, 2020–2023 60

FIGURE 27         VALUE CHAIN ANALYSIS            61

FIGURE 28         QUANTUM NETWORKING ECOSYSTEM 64

FIGURE 29         INVESTMENT AND FUNDING SCENARIO, 2020–2023       66

FIGURE 30         INVESTMENTS IN QUANTUM TECHNOLOGY, 2015–2023              67

FIGURE 31         PATENTS APPLIED AND GRANTED, 2014–2024   79

FIGURE 32         IMPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023             80

FIGURE 33         EXPORT DATA FOR HS CODE 847180-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023             81

FIGURE 34         PORTER’S FIVE FORCES ANALYSIS         91

FIGURE 35         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES        93

FIGURE 36         KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              94

FIGURE 37         IMPACT OF AI ON QUANTUM NETWORKING INDUSTRY              95

FIGURE 38         HARDWARE SEGMENT TO HOLD LARGER MARKET SHARE IN 2029      103

FIGURE 39         GOVERNMENT & DEFENSE SEGMENT TO DOMINATE QUANTUM NETWORKING MARKET DURING FORECAST PERIOD           119

FIGURE 40         NORTH AMERICA TO RECORD HIGHEST CAGR IN QUANTUM NETWORKING MARKET FROM 2024 TO 2029      147

FIGURE 41         NORTH AMERICA: QUANTUM NETWORKING MARKET SNAPSHOT        149

FIGURE 42         CANADA TO EXHIBIT HIGHEST CAGR IN NORTH AMERICAN QUANTUM NETWORKING MARKET FROM 2024 TO 2029             150

FIGURE 43         EUROPE: QUANTUM NETWORKING MARKET SNAPSHOT              159

FIGURE 44         GERMANY TO RECORD HIGHEST CAGR IN EUROPEAN QUANTUM NETWORKING MARKET BETWEEN 2024 AND 2029   160

FIGURE 45         ASIA PACIFIC: QUANTUM NETWORKING MARKET SNAPSHOT              172

FIGURE 46         CHINA TO DOMINATE ASIA PACIFIC QUANTUM NETWORKING MARKET DURING FORECAST PERIOD   173

FIGURE 47         ROW: QUANTUM NETWORKING MARKET SNAPSHOT   183

FIGURE 48         MIDDLE EAST TO RECORD HIGHEST CAGR IN ROW QUANTUM NETWORKING MARKET FROM 2024 TO 2029      184

FIGURE 49         QUANTUM NETWORKING MARKET: REVENUE ANALYSIS OF

FIVE KEY PLAYERS, 2021–2023    195

FIGURE 50         MARKET SHARE ANALYSIS OF COMPANIES OFFERING QUANTUM NETWORKING TECHNOLOGIES, 2023           196

FIGURE 51         COMPANY VALUATION 199

FIGURE 52         FINANCIAL METRICS (EV/EBITDA)        199

FIGURE 53         BRAND/PRODUCT COMPARISON          200

FIGURE 54         QUANTUM NETWORKING MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     202

FIGURE 55         QUANTUM NETWORKING MARKET: COMPANY FOOTPRINT              203

FIGURE 56         QUANTUM NETWORKING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           207

FIGURE 57         TOSHIBA CORPORATION: COMPANY SNAPSHOT           214

FIGURE 58         QUANTUMCTEK CO., LTD.: COMPANY SNAPSHOT        230