What is a Quantum Cryptography: Working & Its Applications | Why Quantum Computing Requires Quantum Cryptography?
New developing markets and economic growth and increasing demand from small and medium enterprises are anticipated to boost the technology industry. The Asia Pacific developed as the fastest-growing region during the last few years in the technology industry, led by economic growth and expanded IT spending. Various industries such as BFSI, IT & telecom, government and defense, healthcare, and others are adopting software technology to enhance their business productivity and to ease their business process. Quantum cryptography technology has become significant for various industries to work in a secure environment. This technology is gaining significance important in every region owing to growing cyber-attacks.
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Currently, technology’s advanced solutions are helping technology companies across the globe to accelerate their digital transformation adoption. From the last few years, the technology industry observed high growth and a dramatic increase worldwide. Factors such as IT spending, economic growth, and technological innovations influence the technology industry significantly. The global economy is expected to stabilize and grow at a steady speed during the forecast period, mostly driven by developing economies such as China, India, and Brazil. New developing markets and enterprises are anticipated to spend in the technology market to build IT infrastructure that would help lessen costs and optimize business productivity.
Global quantum cryptography market by offering is bifurcated into solutions and services segment. The quantum cryptography developers offer robust technologies and services to their clients intended towards securing data from the quantum hacker. The offering segment in the quantum cryptography market includes solutions and services. The demand graph of quantum cryptography market is continually rising at a significant rate owing to the increase in the number of incidents involving data accessibility by unauthorized third parties.
The List of Companies
1. ID Quantique
2. Infineon Technologies
3. Magiq Technologies
4. IBM
5. NuCrypt
6. Anhui Qasky Quantum Technology Co. Ltd.
7. Qubitekk
8. Quintessence Labs
9. Qutools GmbH
10. Toshiba Corporation
Text sources: The Insight Partners