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Global Quantum Cryptography Solutions Market to Revolutionize the Technological Landscape | Technavio

September 19, 2018

LONDON--(BUSINESS WIRE)--Sep 19, 2018--Quantum cryptography uses photons to generate and transmit cryptographic keys between a sender and a receiver. This technique to send data over networks is secure even against eavesdroppers with infinite computing power.

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Market research firm Technavio has projected the global quantum cryptography solutions market 2018-2022 to grow at an impressive CAGR of close to 39%. (Graphic: Business Wire)

The ongoing US FiO+LS 2018 conference focuses on examining the progress of quantum technologies in the areas of quantum computing, quantum sensing, and quantum communication. These sessions will include a broad overview on the future prospect of this technology in specific applications.

Market research firm Technavio has projected the to grow at an impressive CAGR of close to 39%. This can be attributed to the growing interest in quantum technologies, which has led governments across the world to invest billions of dollars in research to promote quantum computing, quantum sensing for industries, and quantum communications.

Quantum cryptography relies on the quantum state of photons to exchange key data, thereby assuring data privacy. The increasing focus on IT security and data privacy will increase the adoption of quantum computing by organizations. Some of the key trends impacting the quantum cryptography solutions market are as follows:

Emergence of QKD as a service Extending the range of secure communication using twin field QKD Increasing popularity of free-space QKD

Get more information on how these trends will impact the quantum cryptography solutions market:

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005653/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SECURITY

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/19/2018 01:07 PM/DISC: 09/19/2018 01:07 PM

http://www.businesswire.com/news/home/20180919005653/en

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