Hampshire, UK – 28th January 2025: A new study from Juniper Research, the foremost experts in IoT markets, has found that telecoms market stakeholders will invest a cumulative spend exceeding $6 billion on developing and implementing quantum key distribution (QKD) between 2025 and 2030.
QKD is a communication method that leverages quantum mechanics to create encryption keys that are unable to be intercepted by fraudulent players; increasing the security of network transmissions.
This substantial investment will be driven by the acceleration of quantum computing and its potential use by fraudsters. With traditional network encryption methods vulnerable to quantum computing, this investment is vital to protect the security of telecoms networks, notably for enterprise users.
Find out more about the new report: Global Quantum Key Distribution Market 2025-2030, or download a free sample.
Quantum Hardware is Largest Cost for Operators
The report found that the scalability of QKD solutions is the most prominent concern for network operators as they deploy nationwide quantum-secure networks. QKD hardware, such as quantum random number generators that create encryption keys, is expected to be the largest QKD cost, as operators must implement quantum-capable hardware over their extensive networks.
The research also anticipated that, as these networks grow, operators must implement tools that enable the real-time management of quantum cryptography. It identified AI-driven network management platforms, which provide optimised traffic routing and resource allocation, and quantum network simulators as two key value-added offerings.
Research author Michelle Joynson stated, “As network operators increasingly monetise their networks through enterprise services, it is imperative that they provide protection against quantum threats in the future. By investing in QKD now, operators position their networks best to capitalise on the growth of enterprise network users.”
About the Research
The research suite offers a comprehensive assessment of the quantum key distribution market, including insightful market analysis and in-depth forecasts for 60+ countries. The dataset contains over 31,000 market statistics within a six-year period. It includes a ‘Future Leaders Index’ and business model analysis to examine the current and future market opportunities.
Juniper Research has, for two decades, provided market intelligence and advisory services to the global telecommunications sector, and is retained by many of the world’s leading network operators and communications platforms.
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