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
November 30, 2022
GMD Research
127
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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
Abstract 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 oServers oBlades oR&D Platforms oRandom Number Generators •Independent Cryptography Solutions/Software oEncryption oTransmission oPost-Quantum Cryptography oCrypto Libraries •Services oDeployment and Integration oSupport and Maintenance oConsulting & 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.)
Content Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market24 2.2 Major Growth Drivers26 2.3 Market Restraints and Challenges30 2.4 Emerging Opportunities and Market Trends33 2.5 Porter’s Fiver Forces Analysis37 3 Segmentation of Europe Market by Component41 3.1 Market Overview by Component41 3.2 Hardware with Embedded Software43 3.2.1 Servers45 3.2.2 Blades46 3.2.3 R&D Platforms47 3.2.4 Random Number Generators48 3.3 Independent Cryptography Solutions/Software49 3.3.1 Encryption51 3.3.2 Transmission52 3.3.3 Post-Quantum Cryptography53 3.3.4 Crypto Libraries54 3.4 Services55 3.4.1 Deployment and Integration56 3.4.2 Support and Maintenance57 3.4.3 Consulting & Advisory58 4 Segmentation of Europe Market by Application59 4.1 Market Overview by Application59 4.2 Network Infrastructure Security61 4.3 Application Security62 4.4 Database Encryption63 5 Segmentation of Europe Market by Algorithm Type64 5.1 Market Overview by Algorithm Type64 5.2 Symmetric Key66 5.3 Asymmetric Key67 6 Segmentation of Europe Market by Industry Vertical68 6.1 Market Overview by Industry Vertical68 6.2 Pharmaceutical and Healthcare70 6.3 BFSI71 6.4 Government and Public Services72 6.5 Aerospace and Defense73 6.6 Energy and Power74 6.7 Automotive and Transportation75 6.8 Chemical Industry76 6.9 IT and Telecom77 6.10 Manufacturing Industry78 6.11 Other Industry Verticals79 7 Segmentation of Europe Market by Organization Size80 7.1 Market Overview by Organization Size80 7.2 SMEs82 7.3 Large Enterprises83 8 European Market 2021-2031 by Country84 8.1 Overview of European Market84 8.2 Germany87 8.3 U.K.89 8.4 France91 8.5 Spain93 8.6 Italy95 8.7 Netherlands97 8.8 Rest of European Market99 9 Competitive Landscape101 9.1 Overview of Key Vendors101 9.2 New Product Launch, Partnership, Investment, and M&A104 9.3 Company Profiles105 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 AG111 International Business Machines Corp. (IBM)112 ISARA Corporation113 MagiQ Technologies Inc.114 Mitsubishi Electric Corporation115 NEC Corporation116 NuCrypt LLC117 PQ Solutions Limited118 Quantum Xchange119 QuantumCTek Co., Ltd.120 Qubitekk Inc.121 QuintessenceLabs Pty Ltd.122 QuNu Labs Pvt. Ltd123 Qutools GmbH124 Raytheon Technologies Corp.125 Toshiba Corp.126 RELATED REPORTS127
List of Tables:
Table 1. Snapshot of Europe Quantum Cryptography Market in Balanced Perspective, 2021-203117 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. Main Product Trends and Market Opportunities in Europe Quantum Cryptography Market33 Table 5. Europe Quantum Cryptography Market by Component, 2021-2031, $ mn41 Table 6. Europe Quantum Cryptography Market: Hardware with Embedded Software by Type, 2021-2031, $ mn44 Table 7. Europe Quantum Cryptography Market: Independent Cryptography Solutions/Software by Type, 2021-2031, $ mn50 Table 8. Europe Quantum Cryptography Market: Services by Type, 2021-2031, $ mn55 Table 9. Europe Quantum Cryptography Market by Application, 2021-2031, $ mn59 Table 10. Europe Quantum Cryptography Market by Algorithm Type, 2021-2031, $ mn64 Table 11. Europe Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn68 Table 12. Europe Quantum Cryptography Market by Organization Size, 2021-2031, $ mn80 Table 13. Europe Quantum Cryptography Market by Country, 2021-2031, $ mn86 Table 14. Germany Quantum Cryptography Market by Component, 2021-2031, $ mn88 Table 15. Germany Quantum Cryptography Market by Application, 2021-2031, $ mn88 Table 16. Germany Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn88 Table 17. U.K. Quantum Cryptography Market by Component, 2021-2031, $ mn90 Table 18. U.K. Quantum Cryptography Market by Application, 2021-2031, $ mn90 Table 19. U.K. Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn90 Table 20. France Quantum Cryptography Market by Component, 2021-2031, $ mn92 Table 21. France Quantum Cryptography Market by Application, 2021-2031, $ mn92 Table 22. France Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn92 Table 23. Spain Quantum Cryptography Market by Component, 2021-2031, $ mn94 Table 24. Spain Quantum Cryptography Market by Application, 2021-2031, $ mn94 Table 25. Spain Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn94 Table 26. Italy Quantum Cryptography Market by Component, 2021-2031, $ mn96 Table 27. Italy Quantum Cryptography Market by Application, 2021-2031, $ mn96 Table 28. Italy Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn96 Table 29. Netherlands Quantum Cryptography Market by Component, 2021-2031, $ mn98 Table 30. Netherlands Quantum Cryptography Market by Application, 2021-2031, $ mn98 Table 31. Netherlands Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn98 Table 32. Quantum Cryptography Market in Rest of Europe by Country, 2021-2031, $ mn100 Table 33. Anhui Qasky Quantum Technology Co., Ltd.: Company Snapshot105 Table 34. Anhui Qasky Quantum Technology Co., Ltd.: Business Segmentation106 Table 35. Anhui Qasky Quantum Technology Co., Ltd.: Product Portfolio106
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 oServers oBlades oR&D Platforms oRandom Number Generators •Independent Cryptography Solutions/Software oEncryption oTransmission oPost-Quantum Cryptography oCrypto Libraries •Services oDeployment and Integration oSupport and Maintenance oConsulting & 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.)
Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market24 2.2 Major Growth Drivers26 2.3 Market Restraints and Challenges30 2.4 Emerging Opportunities and Market Trends33 2.5 Porter’s Fiver Forces Analysis37 3 Segmentation of Europe Market by Component41 3.1 Market Overview by Component41 3.2 Hardware with Embedded Software43 3.2.1 Servers45 3.2.2 Blades46 3.2.3 R&D Platforms47 3.2.4 Random Number Generators48 3.3 Independent Cryptography Solutions/Software49 3.3.1 Encryption51 3.3.2 Transmission52 3.3.3 Post-Quantum Cryptography53 3.3.4 Crypto Libraries54 3.4 Services55 3.4.1 Deployment and Integration56 3.4.2 Support and Maintenance57 3.4.3 Consulting & Advisory58 4 Segmentation of Europe Market by Application59 4.1 Market Overview by Application59 4.2 Network Infrastructure Security61 4.3 Application Security62 4.4 Database Encryption63 5 Segmentation of Europe Market by Algorithm Type64 5.1 Market Overview by Algorithm Type64 5.2 Symmetric Key66 5.3 Asymmetric Key67 6 Segmentation of Europe Market by Industry Vertical68 6.1 Market Overview by Industry Vertical68 6.2 Pharmaceutical and Healthcare70 6.3 BFSI71 6.4 Government and Public Services72 6.5 Aerospace and Defense73 6.6 Energy and Power74 6.7 Automotive and Transportation75 6.8 Chemical Industry76 6.9 IT and Telecom77 6.10 Manufacturing Industry78 6.11 Other Industry Verticals79 7 Segmentation of Europe Market by Organization Size80 7.1 Market Overview by Organization Size80 7.2 SMEs82 7.3 Large Enterprises83 8 European Market 2021-2031 by Country84 8.1 Overview of European Market84 8.2 Germany87 8.3 U.K.89 8.4 France91 8.5 Spain93 8.6 Italy95 8.7 Netherlands97 8.8 Rest of European Market99 9 Competitive Landscape101 9.1 Overview of Key Vendors101 9.2 New Product Launch, Partnership, Investment, and M&A104 9.3 Company Profiles105 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 AG111 International Business Machines Corp. (IBM)112 ISARA Corporation113 MagiQ Technologies Inc.114 Mitsubishi Electric Corporation115 NEC Corporation116 NuCrypt LLC117 PQ Solutions Limited118 Quantum Xchange119 QuantumCTek Co., Ltd.120 Qubitekk Inc.121 QuintessenceLabs Pty Ltd.122 QuNu Labs Pvt. Ltd123 Qutools GmbH124 Raytheon Technologies Corp.125 Toshiba Corp.126 RELATED REPORTS127
List of Tables:
Table 1. Snapshot of Europe Quantum Cryptography Market in Balanced Perspective, 2021-203117 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. Main Product Trends and Market Opportunities in Europe Quantum Cryptography Market33 Table 5. Europe Quantum Cryptography Market by Component, 2021-2031, $ mn41 Table 6. Europe Quantum Cryptography Market: Hardware with Embedded Software by Type, 2021-2031, $ mn44 Table 7. Europe Quantum Cryptography Market: Independent Cryptography Solutions/Software by Type, 2021-2031, $ mn50 Table 8. Europe Quantum Cryptography Market: Services by Type, 2021-2031, $ mn55 Table 9. Europe Quantum Cryptography Market by Application, 2021-2031, $ mn59 Table 10. Europe Quantum Cryptography Market by Algorithm Type, 2021-2031, $ mn64 Table 11. Europe Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn68 Table 12. Europe Quantum Cryptography Market by Organization Size, 2021-2031, $ mn80 Table 13. Europe Quantum Cryptography Market by Country, 2021-2031, $ mn86 Table 14. Germany Quantum Cryptography Market by Component, 2021-2031, $ mn88 Table 15. Germany Quantum Cryptography Market by Application, 2021-2031, $ mn88 Table 16. Germany Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn88 Table 17. U.K. Quantum Cryptography Market by Component, 2021-2031, $ mn90 Table 18. U.K. Quantum Cryptography Market by Application, 2021-2031, $ mn90 Table 19. U.K. Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn90 Table 20. France Quantum Cryptography Market by Component, 2021-2031, $ mn92 Table 21. France Quantum Cryptography Market by Application, 2021-2031, $ mn92 Table 22. France Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn92 Table 23. Spain Quantum Cryptography Market by Component, 2021-2031, $ mn94 Table 24. Spain Quantum Cryptography Market by Application, 2021-2031, $ mn94 Table 25. Spain Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn94 Table 26. Italy Quantum Cryptography Market by Component, 2021-2031, $ mn96 Table 27. Italy Quantum Cryptography Market by Application, 2021-2031, $ mn96 Table 28. Italy Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn96 Table 29. Netherlands Quantum Cryptography Market by Component, 2021-2031, $ mn98 Table 30. Netherlands Quantum Cryptography Market by Application, 2021-2031, $ mn98 Table 31. Netherlands Quantum Cryptography Market by Industry Vertical, 2021-2031, $ mn98 Table 32. Quantum Cryptography Market in Rest of Europe by Country, 2021-2031, $ mn100 Table 33. Anhui Qasky Quantum Technology Co., Ltd.: Company Snapshot105 Table 34. Anhui Qasky Quantum Technology Co., Ltd.: Business Segmentation106 Table 35. Anhui Qasky Quantum Technology Co., Ltd.: Product Portfolio106