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McKinsey & Company – Quantum Communication: Trends and Outlook

Summary

Quantum communication is attracting significant attention due to its potential in revolutionizing quantum security and secure networks.

The landscape of quantum communication includes three key categories: security, networks, and services, and consists of six key verticals such as quantum key distribution (QKD) and post-quantum cryptography (PQC). The quantum communication market is expected to grow from $0.9–1.0 billion in 2023 to $10.5–14.9 billion by 2035. North America is forecasted to be the region with the largest market share by 2035.

Region: Global 
Published: May 2025 
Author(s): McKinsey & Company 
Language: English 
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