Europe Quantum Communication Market Size & Outlook
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Europe quantum communication market highlights
- The Europe quantum communication market generated a revenue of USD 314.4 million in 2024.
- The market is expected to grow at a CAGR of 31.3% from 2025 to 2030.
- In terms of segment, solutions was the largest revenue generating offering in 2024.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 314.4 million |
| Market revenue in 2030 | USD 1,502.6 million |
| Growth rate | 31.3% (CAGR from 2025 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions, Services |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.5% of the global quantum communication market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,253.4 million by 2030.
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Quantum Communication Market Scope
Quantum Communication Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aliro | View profile | 11-50 | Bryn Mawr, Pennsylvania, United States, North America | http://onaliro.com |
| Arqit Limited | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.arqit.uk |
| Quantum Xchange | View profile | 11-50 | Bethesda, Maryland, United States, North America | https://quantumxc.com/ |
| Qubitekk | View profile | 11-50 | Vista, California, United States, North America | http://qubitekk.com/ |
| QuantumCTek | View profile | - | Hefei, Anhui, China, Asia | http://www.quantum-info.com |
| QuintessenceLabs | View profile | 51-100 | Canberra, Australian Capital Territory, Australia, Oceania | https://www.quintessencelabs.com/ |
| IDEMIA | View profile | 10001+ | Courbevoie, Ile-de-France, France, Europe | https://www.idemia.com/ |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| ID Quantique | View profile | 11-50 | Geneva, Geneve, Switzerland, Europe | http://idquantique.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
Europe quantum communication market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quantum communication market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 84.86% in 2024. Horizon Databook has segmented the Europe quantum communication market based on solutions, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe quantum communication industry was identified as a lucrative region in 2024. The increasing regulatory emphasis on data protection and privacy, along with a rise in the demand for cybersecurity solutions, is driving the adoption of quantum technologies.
As European organizations in sectors like finance, defense, and telecommunications recognize the importance of quantum-secure communication, the region is experiencing steady growth in the quantum communication market.
The German quantum communication market is expected to experience significant growth in the coming years, driven by the country's robust investment in quantum research and technology. As one of Europe’s leaders in innovation, Germany is at the forefront of developing secure communication systems to address growing concerns about data privacy and cybersecurity.
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Our clientele includes a mix of quantum communication market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe quantum communication market , including forecasts for subscribers. This continent databook contains high-level insights into Europe quantum communication market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe quantum communication market size, by country, 2018-2030 (US$M)
Europe Quantum Communication Market Outlook Share, 2024 & 2030 (US$M)
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