Quantum Computing in Communication Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 6.2 Billion by 2030, growing at a CAGR of 30% from 2024 to 2030.
The quantum computing in communication market was valued at approximately $1.2 billion in 2022 and is projected to experience significant growth, with an anticipated compound annual growth rate (CAGR) of 27.5% from 2023 to 2028. This rapid expansion reflects the increasing adoption of quantum technologies across various sectors, driven by advancements in quantum cryptography and quantum key distribution. As organizations seek more secure communication channels, the demand for quantum-enabled solutions is expected to surge, pushing the market size to over $4.7 billion by the end of 2028. The acceleration in market growth underscores the technological innovations and heightened interest in quantum communication systems.
Opportunity analysis reveals substantial potential for growth, particularly in sectors such as defense, telecommunications, and finance, where secure data transmission is critical. The increasing need for secure communication infrastructure amid rising cybersecurity threats presents a fertile ground for quantum computing applications. Emerging markets, especially in Asia-Pacific and Europe, are expected to offer significant opportunities due to supportive government policies and investments in quantum technology research. The evolving landscape is likely to see an influx of new market entrants and technological breakthroughs, further driving market dynamics and opening avenues for strategic investments and partnerships.
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IBM
Rigetti Computing
Microsoft
Intel
Tencent
Alibaba Group
Anyon Systems Inc.
Origin Quantum Computing Technology
Amazon
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Quantum Computing in Communication Market
Military Defense
Government Affairs
Finance
Internet Cloud Service
Other
Based on Types the Market is categorized into Below types that held the largest Quantum Computing in Communication market share In 2023.
Quantum Key Distribution (QKD)
Quantum Teleportation
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Quantum Computing in Communication Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Quantum Computing in Communication Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Quantum Computing in Communication Market, By Type
6. Global Quantum Computing in Communication Market, By Application
7. Global Quantum Computing in Communication Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Quantum Computing in Communication Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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