Quantum Communication Market Set to Reach $5.54 Billion by 2030
The global quantum communication market is anticipated to expand from USD 0.74 billion in 2024 to USD 5.54 billion by 2030, reflecting a CAGR of 39.6% over the forecast period. Quantum communication technology is mainly driven by - the greater need for data protection. Organizations and governments seek out more secure means of communication, such as Quantum Key Distribution (QKD) and quantum-proof ones, as cyber threats have become more sophisticated and the risk of quantum hacking traditional encryption is looming. The technology is evolving, offering a level of protection that is beyond what can be by offering a level of protection that is beyond what can be provided offered by standard methods such as RSA and AES, leading to the growth of the quantum communication market. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=143942501 Based on the offering, the solution segment accounts for the highest market size during the forecast...