Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Quantum Cryptography: A Global Market Report

Global quantum cryptography market: $1 billion industry by 2018


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-17 13:36:03 - Quantum Cryptography: A Global Market Report - a new market research report on companiesandmarkets.com

The global Quantum Cryptography market is projected to reach $1.0 billion by 2018, driven by the need to secure the transmission of sensitive communications.

Quantum Key Distribution (QKD) technology remains largely in the first stage of commercialization, with the technology being offered primarily to governments, military, and research institutes. The penetration of quantum cryptography technology has been delayed partly due to the global economic recession and uncertainty over the pace of recovery. Commercialization efforts have also been affected by the uncertainty over the commercial viability of quantum cryptography technology. Penetration of quantum key distribution (QKD) remains constrained by its prohibitively high cost of deployment.

The QKD market is forecast to nevertheless benefit in the coming years, given the availability of

 

 

certified products, adoption of quantum computers, and technology advancements that help extend its application beyond point-to-point connections to cover global communications. Continuous and incremental technology innovation in fibre, protocols and free-space, is expected to result in the decline in the price of the equipment and related accessories in the coming years. This would additionally aid in extending the application of this emerging technology beyond the government and corporate networks, to cover networks serving households.

As stated by the new market research report on Quantum Cryptography, the market for QKD systems is typified by the presence of players such as Switzerland-based id Quantique and New York-based MagiQ Technologies. These two companies remain at the forefront of competition with their commercially available technologies. A majority of players in the market have initiated R&D in the field of quantum cryptography, and currently have numerous products in late stage development. Global Industry Analysts ©

Click for report details: www.companiesandmarkets.com/Market/Industrial/Market-Research/Qu ..

Browse all Industrial Market Research Reports www.companiesandmarkets.com/Market/Industrial/Market-Research?aC ..

Browse all Industrial Company Profile Reports www.companiesandmarkets.com/Market/Industrial/Company-Profile?aC ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com