Asia Pacific Quantum Cryptography Market Size, Share & Industry Trends Analysis Report By Vertical, By Security Type (Network Security and Application Security), By Offering, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Quantum Cryptography Market would witness market growth of 41.1% CAGR during the forecast period (2023-2030).

The principles of quantum mechanics are used in quantum cryptography, commonly called quantum encryption, to encrypt messages so that nobody outside of the intended recipient can ever read them. It takes advantage of quantum's multiple states in conjunction with its "no change theory," which means it cannot be inadvertently interrupted. It is a process that involves the utilization of photons in order to generate a cryptographic key, which is then sent to the intended receiver using the most suitable communication route.

Quantum entanglement, which asserts that two particles can be connected even when widely separated, is the foundation of quantum cryptography. As a result, it is practically impossible for anyone other than the intended recipient to access the data being transferred because any attempt to intercept it will be immediately detected.

Quantum cryptography has extensive prospective applications. It could protect financial transactions, confidential government documents, and medical records. It might also be used to safeguard data stored in the cloud. Quantum cryptography could also be applied to quantum computing, offering improved defence against malicious attacks.

The legacy approach to business has been transformed into a modern approach by digital technologies. Additionally, the region is developing into a new digital transformation hotspot due to increased investments in digitization across potential economies. With the participation of approximately 170,000 domestic businesses, the size of the nation's data sector increased substantially (by more than 14.3%), and 2.2 million Koreans received a variety of digital transformation advantages. The regional market is expected to have growth prospects due to the region's increasing digitalization and the consequent rise in data generation.

The China market dominated the Asia Pacific Quantum Cryptography Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $375.3 Million by 2030. The Japan market is estimated to witness a CAGR of 40.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 42% during (2023 - 2030).

Based on Vertical, the market is segmented into Government & Defense, Retail & eCommerce, IT & Telecom, BFSI, Healthcare & Lifesciences and Others. Based on Security Type, the market is segmented into Network Security and Application Security. Based on Offering, the market is segmented into Solution (Quantum Key Distribution, Quantum Random Number Generation and Others) and Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Quantum Cryptography Market is Projected to reach USD 5.6 Billion by 2030, at a CAGR of 40%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include IBM Corporation, Hewlett Packard Enterprise Company, Toshiba Corporation, NEC Corporation, MagiQ Technologies, Inc., Crypta Labs Limited, Qubitekk, Inc., ISARA Corporation, Nucrypt LLC, and Qrypt

Scope of the Study

Market Segments Covered in the Report:

By Vertical

• Government & Defense
• Retail & eCommerce
• IT & Telecom
• BFSI
• Healthcare & Lifesciences
• Others

By Security Type

• Network Security
• Application Security

By Offering

• Solution
• Quantum Key Distribution
• Quantum Random Number Generation
• Others

• Services

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• IBM Corporation
• Hewlett Packard Enterprise Company
• Toshiba Corporation
• NEC Corporation
• MagiQ Technologies, Inc.
• Crypta Labs Limited
• Qubitekk, Inc.
• ISARA Corporation
• Nucrypt LLC
• Qrypt

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Quantum Cryptography Market, by Vertical
1.4.2 Asia Pacific Quantum Cryptography Market, by Security Type
1.4.3 Asia Pacific Quantum Cryptography Market, by Offering
1.4.4 Asia Pacific Quantum Cryptography Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in Quantum Cryptography Market

Chapter 5. Asia Pacific Quantum Cryptography Market by Vertical
5.1 Asia Pacific Government & Defense Market by Country
5.2 Asia Pacific Retail & eCommerce Market by Country
5.3 Asia Pacific IT & Telecom Market by Country
5.4 Asia Pacific BFSI Market by Country
5.5 Asia Pacific Healthcare & Lifesciences Market by Country
5.6 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Quantum Cryptography Market by Security Type
6.1 Asia Pacific Network Security Market by Country
6.2 Asia Pacific Application Security Market by Country

Chapter 7. Asia Pacific Quantum Cryptography Market by Offering
7.1 Asia Pacific Solution Market by Country
7.2 Asia Pacific Quantum Cryptography Market by Solution Type
7.2.1 Asia Pacific Quantum Key Distribution Market by Country
7.2.2 Asia Pacific Quantum Random Number Generation Market by Country
7.2.3 Asia Pacific Others Market by Country
7.3 Asia Pacific Services Market by Country

Chapter 8. Asia Pacific Quantum Cryptography Market by Country
8.1 China Quantum Cryptography Market
8.1.1 China Quantum Cryptography Market by Vertical
8.1.2 China Quantum Cryptography Market by Security Type
8.1.3 China Quantum Cryptography Market by Offering
8.1.3.1 China Quantum Cryptography Market by Solution Type
8.2 Japan Quantum Cryptography Market
8.2.1 Japan Quantum Cryptography Market by Vertical
8.2.2 Japan Quantum Cryptography Market by Security Type
8.2.3 Japan Quantum Cryptography Market by Offering
8.2.3.1 Japan Quantum Cryptography Market by Solution Type
8.3 India Quantum Cryptography Market
8.3.1 India Quantum Cryptography Market by Vertical
8.3.2 India Quantum Cryptography Market by Security Type
8.3.3 India Quantum Cryptography Market by Offering
8.3.3.1 India Quantum Cryptography Market by Solution Type
8.4 South Korea Quantum Cryptography Market
8.4.1 South Korea Quantum Cryptography Market by Vertical
8.4.2 South Korea Quantum Cryptography Market by Security Type
8.4.3 South Korea Quantum Cryptography Market by Offering
8.4.3.1 South Korea Quantum Cryptography Market by Solution Type
8.5 Singapore Quantum Cryptography Market
8.5.1 Singapore Quantum Cryptography Market by Vertical
8.5.2 Singapore Quantum Cryptography Market by Security Type
8.5.3 Singapore Quantum Cryptography Market by Offering
8.5.3.1 Singapore Quantum Cryptography Market by Solution Type
8.6 Malaysia Quantum Cryptography Market
8.6.1 Malaysia Quantum Cryptography Market by Vertical
8.6.2 Malaysia Quantum Cryptography Market by Security Type
8.6.3 Malaysia Quantum Cryptography Market by Offering
8.6.3.1 Malaysia Quantum Cryptography Market by Solution Type
8.7 Rest of Asia Pacific Quantum Cryptography Market
8.7.1 Rest of Asia Pacific Quantum Cryptography Market by Vertical
8.7.2 Rest of Asia Pacific Quantum Cryptography Market by Security Type
8.7.3 Rest of Asia Pacific Quantum Cryptography Market by Offering
8.7.3.1 Rest of Asia Pacific Quantum Cryptography Market by Solution Type

Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Hewlett Packard Enterprise Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Toshiba Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research and Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 NEC Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 MagiQ Technologies, Inc.
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Crypta Labs Limited
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.3 SWOT Analysis
9.7 Qubitekk, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.3 SWOT Analysis
9.8 ISARA Corporation
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.3 SWOT Analysis
9.9 Nucrypt LLC
9.9.1 Company Overview
9.10. Qrypt
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.3 SWOT Analysis

TABLE 1 Asia Pacific Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Government & Defense Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Retail & eCommerce Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Retail & eCommerce Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific BFSI Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific BFSI Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Healthcare & Lifesciences Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Network Security Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Network Security Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Application Security Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Application Security Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Solution Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Solution Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Quantum Key Distribution Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Quantum Key Distribution Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Quantum Random Number Generation Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Quantum Random Number Generation Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Services Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Quantum Cryptography Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Quantum Cryptography Market by Country, 2023 - 2030, USD Million
TABLE 39 China Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 40 China Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 41 China Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 42 China Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 43 China Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 44 China Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 45 China Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 46 China Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 47 China Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 48 China Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 49 Japan Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 50 Japan Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 51 Japan Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 52 Japan Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 53 Japan Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 54 Japan Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 55 Japan Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 56 Japan Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 57 Japan Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 58 Japan Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 59 India Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 60 India Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 61 India Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 62 India Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 63 India Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 64 India Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 65 India Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 66 India Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 67 India Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 68 India Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 69 South Korea Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 70 South Korea Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 71 South Korea Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 72 South Korea Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 73 South Korea Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 74 South Korea Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 75 South Korea Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 76 South Korea Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 77 South Korea Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 78 South Korea Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 79 Singapore Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 80 Singapore Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 81 Singapore Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 82 Singapore Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 83 Singapore Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 84 Singapore Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 85 Singapore Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 86 Singapore Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 87 Singapore Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 88 Singapore Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 89 Malaysia Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 90 Malaysia Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 91 Malaysia Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 92 Malaysia Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 93 Malaysia Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 94 Malaysia Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 95 Malaysia Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 96 Malaysia Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 97 Malaysia Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 98 Malaysia Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Quantum Cryptography Market, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Quantum Cryptography Market, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Quantum Cryptography Market by Vertical, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Quantum Cryptography Market by Vertical, 2023 - 2030, USD Million
TABLE 103 Rest of Asia Pacific Quantum Cryptography Market by Security Type, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Quantum Cryptography Market by Security Type, 2023 - 2030, USD Million
TABLE 105 Rest of Asia Pacific Quantum Cryptography Market by Offering, 2019 - 2022, USD Million
TABLE 106 Rest of Asia Pacific Quantum Cryptography Market by Offering, 2023 - 2030, USD Million
TABLE 107 Rest of Asia Pacific Quantum Cryptography Market by Solution Type, 2019 - 2022, USD Million
TABLE 108 Rest of Asia Pacific Quantum Cryptography Market by Solution Type, 2023 - 2030, USD Million
TABLE 109 Key Information – IBM Corporation
TABLE 110 Key Information – Hewlett Packard Enterprise Company
TABLE 111 Key Information – Toshiba Corporation
TABLE 112 KEY INFORMATION – NEC Corporation
TABLE 113 Key Information – MagiQ Technologies, Inc.
TABLE 114 Key Information – Crypta Labs Limited
TABLE 115 Key Information – Qubitekk, Inc.
TABLE 116 Key Information – ISARA Corporation
TABLE 117 Key Information – Nucrypt Llc
TABLE 118 Key Information – Qrypt

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Quantum Cryptography Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Quantum Cryptography Market
FIG 4 Porter’s Five Forces Analysis – Quantum Cryptography Market
FIG 5 Asia Pacific Quantum Cryptography Market share by Vertical, 2022
FIG 6 Asia Pacific Quantum Cryptography Market share by Vertical, 2030
FIG 7 Asia Pacific Quantum Cryptography Market by Vertical, 2019 - 2030, USD Million
FIG 8 Asia Pacific Quantum Cryptography Market share by Security Type, 2022
FIG 9 Asia Pacific Quantum Cryptography Market share by Security Type, 2030
FIG 10 Asia Pacific Quantum Cryptography Market by Security Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Quantum Cryptography Market share by Offering, 2022
FIG 12 Asia Pacific Quantum Cryptography Market share by Offering, 2030
FIG 13 Asia Pacific Quantum Cryptography Market by Offering, 2019 - 2030, USD Million
FIG 14 Asia Pacific Quantum Cryptography Market share by Country, 2022
FIG 15 Asia Pacific Quantum Cryptography Market share by Country, 2030
FIG 16 Asia Pacific Quantum Cryptography Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: IBM Corporation
FIG 18 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 19 SWOT Analysis: Toshiba Corporation
FIG 20 Swot Analysis: NEC Corporation
FIG 21 Swot Analysis: MagiQ Technologies, Inc.
FIG 22 Swot Analysis: Crypta Labs Limited
FIG 23 Swot Analysis: Qubitekk, Inc.
FIG 24 Swot Analysis: ISARA Corporation
FIG 25 Swot Analysis: Qrypt