Data security has never been more important. The world is producing data in higher volumes than ever before, whilst the sophistication of technology able to intercept and hack it is also rising at a rapid pace. Society relies on encryption to keep data secure, but mathematical cryptography methods relied on for years are now under threat.
The power of quantum physics represents both a threat to data security, as well as a solution to protect it. Overall, IDTechEx forecasts that the Quantum Communication Market will exceed US$1.2 billion by 2034, with a CAGR of 28%. But how is the industry likely to evolve in the shorter term, and what are the opportunities for technological innovation in this sector? To answer these questions, this webinar will cover:
- What is quantum communication technology and what is the state of the industry?
- What are the competing quantum random number generator technologies, how do they work and what are the opportunities and challenges?
- What is quantum key distribution, and how is it being used in quantum networks?
- How will the quantum communication market evolve both short, medium, and long term - and when are the key inflection points for commercial value creation?
More details and ten-year market forecasts can be found in IDTechEx's comprehensive report, "Quantum Communication Market 2024-2034: Technology, Trends, Players, Forecasts
". This includes individual forecast lines for quantum random number generation and quantum key distribution, as well as an overview of the key players and market trends. This report is within the wider portfolio of quantum technologies research at IDTechEx, including publications dedicated to Quantum Computing and Quantum Sensing.