Quantum Key Distribution Market Growing at 32.4% CAGR From 2025 to 2034 to Exceed US$ 7,917.89 Million

Ireland Launches Mobile Quantum Engagement Trailer To Secure Future Networks

Ireland’s €10 million IrelandQCI project, a key component of the EU-wide EuroQCI initiative, has launched a mobile engagement trailer to educate the public and stakeholders about quantum key distribution (QKD) technology—developed along a Dublin-Cork fibre network by a consortium led by the Walton Institute at SETU and supported by ESB Telecoms—aiming to secure critical infrastructure against future cyber threats posed by advances in quantum com…

Quantum Key Distribution Market Growing at 32.4% CAGR From 2025 to 2034 to Exceed US$ 7,917.89 Million

The global quantum key distribution market size and share is currently valued at USD 478.34 million in 2024 and is anticipated to generate an estimated revenue of USD 7,917.89 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust CAGR of 32.4% over the forecasted timeframe 2025-2034. What is Exactly Quantum Key Distribution? Quantum key distribution is a safe intera…