Global Quantum Key Distribution (QKD) Market 2021-2031 by Component (Hardware, Software, Services), Security Type (Application, Network), Industry Vertical, and Region: Trend Forecast and Growth Opportunity

Abstract
Global quantum key distribution (QKD) market will reach $8,964.7 million by 2031, growing by 30.5% 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 80 tables and 82 figures, this 167-page report “Global Quantum Key Distribution (QKD) Market 2021-2031 by Component (Hardware, Software, Services), Security Type (Application, Network), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global quantum key distribution (QKD) market in every aspect of the classification from perspectives of Component, Security Type, Industry Vertical, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
•Hardware
oQKD Infrastructure
Fiber Optic Infrastructure
Satellite and Aircraft to Ground Infrastructure
Terrestrial Line of Site Infrastructure
Quantum Infrastructure
oRelated Equipment and Components
•Software
•Services
oProfessional Services
Deployment & Integration
Support & Maintenance
Training & Consulting
oManaged Services

Based on Security Type, the global 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 global 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 regions together with the listed national/local markets are fully investigated:
•North America (U.S., Canada, and Mexico)
•Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
•APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
•South America (Brazil, Chile, Argentina, Rest of South America)
•MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market 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.)

Content
Table of Contents

1 Introduction9
1.1 Industry Definition and Research Scope9
1.1.1 Industry Definition9
1.1.2 Research Scope10
1.2 Research Methodology13
1.2.1 Overview of Market Research Methodology13
1.2.2 Market Assumption14
1.2.3 Secondary Data14
1.2.4 Primary Data14
1.2.5 Data Filtration and Model Design15
1.2.6 Market Size/Share Estimation16
1.2.7 Research Limitations17
1.3 Executive Summary18
2 Market Overview and Dynamics20
2.1 Market Size and Forecast20
2.1.1 Impact of COVID-19 on World Economy21
2.1.2 Impact of COVID-19 on the Market23
2.2 Major Growth Drivers25
2.3 Market Restraints and Challenges30
2.4 Emerging Opportunities and Market Trends33
2.5 Porter’s Fiver Forces Analysis37
3 Segmentation of Global Market by Component41
3.1 Market Overview by Component41
3.2 Hardware43
3.2.1 QKD Infrastructure44
3.2.2 Related Equipment and Components46
3.3 Software48
3.4 Services49
3.4.1 Professional Services50
3.4.2 Managed Services51
4 Segmentation of Global Market by Security Type52
4.1 Market Overview by Security Type52
4.2 Application Security54
4.3 Network Security55
5 Segmentation of Global Market by Industry Vertical56
5.1 Market Overview by Industry Vertical56
5.2 Bank and Financial Industry58
5.3 General Business Communication59
5.4 Healthcare Applications60
5.5 Infrastructure & Datacenter Protection61
5.6 IT & Telecom62
5.7 Military & Defense63
5.8 Domestic Security and Intelligence Service64
5.9 Government & Civil Service65
5.10 Other Industry Verticals66
6 Segmentation of Global Market by Region67
6.1 Geographic Market Overview 2021-203167
6.2 North America Market 2021-2031 by Country71
6.2.1 Overview of North America Market71
6.2.2 U.S.75
6.2.3 Canada78
6.2.4 Mexico80
6.3 European Market 2021-2031 by Country82
6.3.1 Overview of European Market82
6.3.2 Germany86
6.3.3 U.K.88
6.3.4 France90
6.3.5 Spain92
6.3.6 Italy94
6.3.7 Netherlands96
6.3.8 Rest of European Market98
6.4 Asia-Pacific Market 2021-2031 by Country100
6.4.1 Overview of Asia-Pacific Market100
6.4.2 Japan104
6.4.3 China107
6.4.4 Australia109
6.4.5 India111
6.4.6 South Korea113
6.4.7 Rest of APAC Region115
6.5 South America Market 2021-2031 by Country117
6.5.1 Argentina120
6.5.2 Brazil122
6.5.3 Chile124
6.5.4 Rest of South America Market126
6.6 MEA Market 2021-2031 by Country127
6.6.1 UAE130
6.6.2 Saudi Arabia132
6.6.3 South Africa134
6.6.4 Other National Markets136
7 Competitive Landscape137
7.1 Overview of Key Vendors137
7.2 New Product Launch, Partnership, Investment, and M&A140
7.3 Company Profiles141
ABB141
Anhui Qasky Quantum Technology Co., Ltd.143
IBM Corporation144
ID Quantique145
KETS quantum Security146
MagiQ Technologies, Inc.147
Nippon Telegraph and Telephone (NTT)148
Nucrypt LLC149
Oki Electric150
Qasky151
QuantumCTek Co., Ltd.152
QuantumXchange, Inc.153
Qubitekk, Inc.154
Quintessence Labs155
Raytheon156
SeQureNet157
SK Telecom158
Toshiba Corporation159
Universal Quantum Devices160
ZTE161
RELATED REPORTS162

List of Tables:

Table 1. Snapshot of Global Quantum Key Distribution Market in Balanced Perspective, 2021-203119
Table 2. World Economic Outlook, 2021-203122
Table 3. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2020-203028
Table 4. World Mobile Data Traffic by Deployment Mode, 2020-2030, EB/year29
Table 5. World Mobile Data Traffic by Device, 2020-2030, EB/year29
Table 6. Main Product Trends and Market Opportunities in Global Quantum Key Distribution Market33
Table 7. Global Quantum Key Distribution Market by Component, 2021-2031, $ mn41
Table 8. Global Quantum Key Distribution Market: Hardware by Type, 2021-2031, $ mn43
Table 9. Global Quantum Key Distribution Market: QKD Infrastructure by Type, 2021-2031, $ mn45
Table 10. Global Quantum Key Distribution Market: Services by Type, 2021-2031, $ mn49
Table 11. Global Quantum Key Distribution Market: Professional Services by Type, 2021-2031, $ mn50
Table 12. Global Quantum Key Distribution Market by Security Type, 2021-2031, $ mn52
Table 13. Global Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn56
Table 14. Global Quantum Key Distribution Market by Region, 2021-2031, $ mn68
Table 15. Leading National Quantum Key Distribution Market, 2021 and 2031, $ mn70
Table 16. North America Quantum Key Distribution Market by Country, 2021-2031, $ mn73
Table 17. U.S. Quantum Key Distribution Market by Component, 2021-2031, $ mn77
Table 18. U.S. Quantum Key Distribution Market by Security Type, 2021-2031, $ mn77
Table 19. U.S. Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn77
Table 20. Canada Quantum Key Distribution Market by Component, 2021-2031, $ mn79
Table 21. Canada Quantum Key Distribution Market by Security Type, 2021-2031, $ mn79
Table 22. Canada Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn79
Table 23. Mexico Quantum Key Distribution Market by Component, 2021-2031, $ mn81
Table 24. Mexico Quantum Key Distribution Market by Security Type, 2021-2031, $ mn81
Table 25. Mexico Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn81
Table 26. Europe Quantum Key Distribution Market by Country, 2021-2031, $ mn85
Table 27. Germany Quantum Key Distribution Market by Component, 2021-2031, $ mn87
Table 28. Germany Quantum Key Distribution Market by Security Type, 2021-2031, $ mn87
Table 29. Germany Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn87
Table 30. U.K. Quantum Key Distribution Market by Component, 2021-2031, $ mn89
Table 31. U.K. Quantum Key Distribution Market by Security Type, 2021-2031, $ mn89
Table 32. U.K. Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn89
Table 33. France Quantum Key Distribution Market by Component, 2021-2031, $ mn91
Table 34. France Quantum Key Distribution Market by Security Type, 2021-2031, $ mn91
Table 35. France Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn91
Table 36. Spain Quantum Key Distribution Market by Component, 2021-2031, $ mn93
Table 37. Spain Quantum Key Distribution Market by Security Type, 2021-2031, $ mn93
Table 38. Spain Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn93
Table 39. Italy Quantum Key Distribution Market by Component, 2021-2031, $ mn95
Table 40. Italy Quantum Key Distribution Market by Security Type, 2021-2031, $ mn95
Table 41. Italy Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn95
Table 42. Netherlands Quantum Key Distribution Market by Component, 2021-2031, $ mn97
Table 43. Netherlands Quantum Key Distribution Market by Security Type, 2021-2031, $ mn97
Table 44. Netherlands Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn97
Table 45. Quantum Key Distribution Market in Rest of Europe by Country, 2021-2031, $ mn99
Table 46. APAC Quantum Key Distribution Market by Country, 2021-2031, $ mn102
Table 47. Japan Quantum Key Distribution Market by Component, 2021-2031, $ mn106
Table 48. Japan Quantum Key Distribution Market by Security Type, 2021-2031, $ mn106
Table 49. Japan Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn106
Table 50. China Quantum Key Distribution Market by Component, 2021-2031, $ mn108
Table 51. China Quantum Key Distribution Market by Security Type, 2021-2031, $ mn108
Table 52. China Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn108
Table 53. Australia Quantum Key Distribution Market by Component, 2021-2031, $ mn110
Table 54. Australia Quantum Key Distribution Market by Security Type, 2021-2031, $ mn110
Table 55. Australia Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn110
Table 56. India Quantum Key Distribution Market by Component, 2021-2031, $ mn112
Table 57. India Quantum Key Distribution Market by Security Type, 2021-2031, $ mn112
Table 58. India Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn112
Table 59. South Korea Quantum Key Distribution Market by Component, 2021-2031, $ mn114
Table 60. South Korea Quantum Key Distribution Market by Security Type, 2021-2031, $ mn114
Table 61. South Korea Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn114
Table 62. Quantum Key Distribution Market in Rest of APAC by Country/Region, 2021-2031, $ mn116
Table 63. South America Quantum Key Distribution Market by Country, 2021-2031, $ mn119
Table 64. Argentina Quantum Key Distribution Market by Component, 2021-2031, $ mn121
Table 65. Argentina Quantum Key Distribution Market by Security Type, 2021-2031, $ mn121
Table 66. Argentina Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn121
Table 67. Brazil Quantum Key Distribution Market by Component, 2021-2031, $ mn123
Table 68. Brazil Quantum Key Distribution Market by Security Type, 2021-2031, $ mn123
Table 69. Brazil Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn123
Table 70. Chile Quantum Key Distribution Market by Component, 2021-2031, $ mn125
Table 71. Chile Quantum Key Distribution Market by Security Type, 2021-2031, $ mn125
Table 72. Chile Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn125
Table 73. MEA Quantum Key Distribution Market by Country, 2021-2031, $ mn129
Table 74. UAE Quantum Key Distribution Market by Component, 2021-2031, $ mn131
Table 75. UAE Quantum Key Distribution Market by Security Type, 2021-2031, $ mn131
Table 76. UAE Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn131
Table 77. Saudi Arabia Quantum Key Distribution Market by Component, 2021-2031, $ mn133
Table 78. Saudi Arabia Quantum Key Distribution Market by Security Type, 2021-2031, $ mn133
Table 79. Saudi Arabia Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn133
Table 80. South Africa Quantum Key Distribution Market by Component, 2021-2031, $ mn135
Table 81. South Africa Quantum Key Distribution Market by Security Type, 2021-2031, $ mn135
Table 82. South Africa Quantum Key Distribution Market by Industry Vertical, 2021-2031, $ mn135
Table 83. ABB: Company Snapshot141
Table 84. ABB: Business Segmentation142
Table 85. ABB: Product Portfolio142