Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...
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Quantum Cryptography Market Overview, Analysis, Regional Insights and Competitive Background

Quantum cryptography is a technology for ensuring the confidentiality of information sent over the internet. It's a combination of quantum physics and cryptography that permits it to execute cryptographic jobs that non-quantum communication can't.

The growing number of cyber-attacks around the world is a major driver of the quantum cryptography business. For example, report from July 2017, cybercrime surged to 84.1 percent from 68.8 percent in June 2016. The banking and finance industry is the most vulnerable to cyber-attacks. Quantum cryptography is used to protect the private information of their clients' data or money.

Quantum Cryptography Market: Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the regions that make up the worldwide quantum cryptography market. During the projected period, North America is expected to dominate the worldwide quantum cryptography market. Increased cyber-attacks in this region on web-based businesses such as healthcare, banking and financial services, retail and manufacturing have contributed to this development. According to the Internet Crime Complaint Center (IC3), cybercrime cost the world economy more than US$ 1.33 billion in 2016. With a loss of almost US$ 255 million, California was the state with the biggest documented loss. In 2016, the United States accounted for roughly 28% of all web application attacks, followed by the Netherlands and Germany.


Quantum Cryptography Market
Quantum Cryptography Market


Quantum Cryptography Market: Competitive Background

Magiq Technologies, Inc., Quintessencelabs, Nucrypt LLC, Qutools GmbH, Qasky, Crypta Labs Ltd, Qubitekk, Inc., PQ Solutions, Infineon Technologies AG, and Id Quantique are some of the major companies in the worldwide quantum cryptography industry.

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