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The global Quantum Key Distribution (QKD) market size is expected to reach $ 9012 million by 2030, rising at a market growth of 34.0% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Quantum Key Distribution (QKD) market size was valued at US$ 1124 million in 2023 and is forecast to a readjusted size of USD 9012 million by 2030 with a CAGR of 34.0% during review period.

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According to our (Global Info Research) latest study, the global Quantum Key Distribution (QKD) Device market size was valued at US$ 1401 million in 2023 and is forecast to a readjusted size of USD 9045 million by 2030 with a CAGR of 34.1% during review period.

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The global Quantum Key Distribution (QKD) Device market size is expected to reach $ 9045 million by 2030, rising at a market growth of 34.1% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Quantum Key Distribution (QKD) Device market size was valued at USD 1452.9 million in 2023 and is forecast to a readjusted size of USD 1877.7 million by 2030 with a CAGR of 3.7% during review period.

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According to our (Global Info Research) latest study, the global Quantum Key Distribution (QKD) and Quantum Cryptography (QC) market size was valued at USD 1452.9 million in 2023 and is forecast to a readjusted size of USD 1877.7 million by 2030 with a CAGR of 3.7% during review period.

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Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security. The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as “BB84”. Five years later, they built the first QKD prototype system which was said to be “secure against any eavesdropper who happened to be deaf” as it made audible noises while encoding crypto key onto single photons.

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The global Quantum Key Distribution (QKD) market size is expected to reach $ 6185.3 million by 2029, rising at a market growth of 33.3% CAGR during the forecast period (2023-2029).

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Quantum Key Distribution (QKD) uses physics instead of mathematics to encode messages, which provides greater security. The genesis of QKD (Quantum Key Distribution) traces back to the late 1960s, when Stephen Wiesner first proposed the idea of encoding information on photons to securely transfer messages. In 1984, the physicist Charles Bennett and cryptographer Gilles Brassard worked together to mature this idea by introducing the first QKD protocol, known as “BB84”. Five years later, they built the first QKD prototype system which was said to be “secure against any eavesdropper who happened to be deaf” as it made audible noises while encoding crypto key onto single photons. From its relatively humble beginnings, QKD has gained global interest as a unique cybersecurity solution with active research groups across North America, Europe, Australia, and Asia.

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The global Quantum Key Distribution (QKD) and Quantum Cryptography (QC) market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

USD4480.00

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