Summary

The global post-quantum cryptography (PQC) market size is projected to grow from USD 0.42 billion in 2025 to USD 2.84 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 46.2% during the forecast period.
The adoption of PQC is increasingly driven by insurance and risk management requirements, as organizations aim to comply with evolving cyber regulations, satisfy quantum-resilient coverage standards, mitigate potential liabilities, and ensure the long-term protection of sensitive and critical data, thereby reducing exposure to future quantum-enabled cyberattacks and breaches.

https://mnmimg.marketsandmarkets.com/Images/post-quantum-cryptography-market-overview.svg

"By solution, the quantum-safe hardware segment accounts for the largest market share."
Quantum-safe hardware represents a critical advancement in the PQC solutions market, focusing on embedding quantum-resistant encryption directly into devices and systems to protect against future quantum-enabled attacks. Advancements include hardware modules and processors capable of executing NIST-approved PQC algorithms such as Kyber and Dilithium, offering faster and more reliable cryptographic operations than software-only implementations. These innovations enable secure data storage, protected communications, and authentication for enterprise systems, cloud platforms, and connected devices, ensuring information remains intact even against the computational power of quantum technologies. Key applications include safeguarding financial transactions, securing cloud and enterprise databases, and protecting sensitive client and intellectual property data in IT services. The integration of quantum-resistant capabilities at the hardware level enhances overall system security, reduces potential vulnerabilities, and supports compliance with emerging industry standards, driving wider adoption across sectors that prioritize long-term digital protection.




By vertical, the IT & ITeS segment will account for the highest growth rate during the forecast period."
Post-quantum cryptography (PQC) is becoming increasingly important for the IT & ITeS sector as organizations seek to protect critical digital assets, enterprise applications, cloud infrastructures, and client data from potential quantum-enabled cyberattacks that could compromise conventional encryption methods, such as RSA and ECC. In this sector, PQC can be applied to secure cloud services, virtual private networks (VPNs), API communications, and software-as-a-service (SaaS) platforms, ensuring end-to-end data confidentiality and integrity. It also supports quantum-resistant authentication for enterprise applications, secure database transactions, and the protection of intellectual property and client records in outsourcing and managed services environments. Surveys indicate that about 50% of IT & ITeS companies are actively developing PQC strategies, 22% are running pilot projects, and 12% are training their workforce for quantum-safe operations. A notable example is IBM, which has implemented NIST-recommended PQC algorithms, such as Kyber and Dilithium, in its Db2 database to protect enterprise workloads, demonstrating the practical integration of quantum-safe methods. Global initiatives, such as IBM’s quantum computing center in Amaravati, featuring a 156-qubit Heron processor, further underscore industry efforts to advance the research and operational deployment of quantum-resilient technologies, reinforcing the IT & ITeS sector’s commitment to long-term security and service reliability.

“By region, North America is estimated to account for the largest market size.”
In North America, post-quantum cryptography (PQC) is gaining momentum as organizations work to secure digital infrastructures against the emerging threats posed by quantum computing. Despite progress, nearly 48% of enterprises remain unprepared for quantum-related cybersecurity risks, according to ITPro. Major players, including IBM, Microsoft, Google, Amazon Web Services (AWS), and NXP Semiconductors, are advancing PQC solutions, which incorporate NIST-approved algorithms such as Kyber and Dilithium, to protect data and communications against quantum-enabled attacks. PQC adoption spans critical use cases across the financial sector, where it secures transactions and client data; healthcare, where it protects electronic medical records; government agencies safeguarding classified information; and connected devices in IoT networks. In the US, initiatives such as the National Institute of Standards and Technology (NIST) Post-Quantum Cryptography project and the Quantum Economic Development Consortium (QED-C) are driving research, testing, and standardization of quantum-resistant algorithms. Canada is also fostering PQC development through programs like the Canadian Institute for Advanced Research (CIFAR) Quantum Information Science initiative, which promotes collaboration between academia and industry. The continued development, pilot projects, and public-private collaborations highlight North America’s proactive approach to integrating quantum-safe technologies and ensuring long-term cybersecurity resilience against future quantum threats.
Breakdown of primaries
The study draws insights from a range of industry experts, including component suppliers, Tier 1 companies, and OEMs. The break-up of the primaries is as follows:
? By Company Type: Tier 1 ? 35%, Tier 2 ? 45%, and Tier 3 ? 20%
? By Designation: C-level ? 40% and Managerial and Other Levels ? 60%
? By Region: North America ? 50%, Europe ? 25%, Asia Pacific ? 20%, and Rest of the World ? 15%
The key players in the post-quantum cryptography (PQC) market include are NXP Semiconductor (Netherlands), Patero (US), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), Qnu Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), Riscure (Netherlands), Quantum Xchange (US), Arqit (UK), Quantropi (Canada), and others.
The study includes an in-depth competitive analysis of the key players in the post-quantum cryptography (PQC) market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the post-quantum cryptography (PQC) market and forecasts its size by offering (Solutions (Quantum-safe Hardware, Quantum-resistant Algorithm, Quantum-safe Cryptographic Libraries, Quantum-safe VPN, Email Services, and Messaging Systems, Quantum-safe Blockchain Solutions, Quantum-safe Authentication Solutions, Quantum-resistant Encryption Solutions), Services (Design, Implementation, and Consulting, Migration Services, Quantum Risk Assessment)), Organization Size (Large Enterprises, SMEs), Vertical (Banking, Financial Services, and Insurance (BFSI), Government & Defense, Healthcare, IT, ITeS, Telecom, Retail & E-commerce, Other Verticals (Automotive, Telecom, Energy & Utilities, Media & Entertainment, Transportation & Logistics, and Education) and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall post-quantum cryptography (PQC) market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights into better positioning their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
? Analysis of key drivers (Integration of innovative cryptographic algorithms, Hybrid PQC mechanisms, growing awareness of cybersecurity and data privacy, driving awareness toward quantum computing threat, rising demand for optimized PQC implementations to handle global encryption workloads, collaboration between academia, industry, and government on PQC adoption), restraints (High implementation costs in post-quantum cryptography market,
lack of standardized algorithms), opportunities (Early development of new products and services provides a competitive edge, government and defense contracts, migration to post-quantum cryptography, sensitive data handling for various industry verticals, PQC Integration in Blockchain Networks, advancements in high-performance computing architectures)
? Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product & service launches in the post-quantum cryptography (PQC) market
? Market Development: Comprehensive information about lucrative markets ? the report analyzes the post-quantum cryptography (PQC) market across varied regions
? Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the post-quantum cryptography (PQC) market
? Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as NXP Semiconductor (Netherlands), Patero (US), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), Qnu Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), Riscure (Netherlands), Quantum Xchange (US), Arqit (UK), and Quantropi (Canada)

ページTOPに戻る

Table of Contents

1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.2.1 INCLUSIONS AND EXCLUSIONS 31
1.3 MARKET SCOPE 32
1.3.1 MARKET SEGMENTATION 32
1.3.2 YEARS CONSIDERED 33
1.4 CURRENCY CONSIDERED 33
1.5 STAKEHOLDERS 34
1.6 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
2.1.1 SECONDARY DATA 36
2.1.2 PRIMARY DATA 36
2.1.2.1 Breakup of primaries 36
2.1.2.2 Key industry insights 37
2.2 MARKET BREAKUP AND DATA TRIANGULATION 37
2.3 MARKET SIZE ESTIMATION 38
2.3.1 TOP-DOWN APPROACH 38
2.3.2 BOTTOM-UP APPROACH 38
2.4 MARKET FORECAST 42
2.5 RESEARCH ASSUMPTIONS 43
2.6 STUDY LIMITATIONS 44
3 EXECUTIVE SUMMARY 45
4 PREMIUM INSIGHTS 49
4.1 BRIEF OVERVIEW OF POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET 49
4.2 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY OFFERING 49
4.3 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY SOLUTION 50
4.4 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY SERVICE 50
4.5 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY ORGANIZATION SIZE 51
4.6 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY VERTICAL 51
4.7 MARKET INVESTMENT SCENARIO 52
?
5 MARKET OVERVIEW AND INDUSTRY TRENDS 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
5.2.1 DRIVERS 54
5.2.1.1 Integration of innovative cryptographic algorithms 54
5.2.1.2 Hybrid PQC mechanisms 55
5.2.1.3 Growing awareness of cybersecurity and data privacy 55
5.2.1.4 Driving awareness toward quantum computing threat 55
5.2.1.5 Rising demand for optimized PQC implementations to handle global encryption workloads 56
5.2.1.6 Collaboration between academia, industry, and government
on PQC adoption 56
5.2.2 RESTRAINTS 56
5.2.2.1 High implementation costs in post-quantum cryptography market 56
5.2.2.2 Lack of standardized algorithms 57
5.2.3 OPPORTUNITIES 57
5.2.3.1 PQC integration in blockchain networks 57
5.2.3.2 Advancements in high-performance computing architecture 57
5.2.3.3 Early development of new products and services to provide competitive edge 58
5.2.3.4 Government and defense contracts 58
5.2.3.5 Migration to post-quantum cryptography 58
5.2.4 CHALLENGES 59
5.2.4.1 Significantly large key size and implications on performance 59
5.2.4.2 Implementation challenges 59
5.2.4.3 Lack of skilled workforce 59
5.2.4.4 Vulnerabilities due to advancements in quantum technology 59
5.3 IMPACT OF GENERATIVE AI ON POST-QUANTUM CRYPTOGRAPHY MARKET 60
5.3.1 TOP USE CASES AND MARKET POTENTIAL 60
5.3.1.1 Key use cases 60
5.3.2 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS 61
5.3.2.1 Quantum Computing 61
5.3.2.2 Quantum Key Distribution (QKD) 61
5.3.2.3 Hardware Security Modules (HSMs) 62
5.3.2.4 Cloud Security 62
5.3.2.5 Digital Signatures 62
5.3.2.6 Identity and Access Management (IAM) 62
5.4 CASE STUDY 62
5.4.1 POST-QUANTUM CRYPTOGRAPHY FOR DEFENSE AND GOVERNMENT APPLICATIONS 62
5.4.2 ADOPTION OF BIO-KEY’S IDENTITY-BOUND BIOMETRICS SOLUTION AS
PART OF PASSWORDLESS AUTHENTICATION STRATEGY 63
5.4.3 NAVIGATING QUANTUM LEAP: ROADMAP FOR MIGRATING TO POST-QUANTUM CRYPTOGRAPHY 64
5.4.4 WELLS FARGO, THALES, AND QUANTINUUM ? QUANTUM ENTROPY FOR STRONGER CRYPTOGRAPHIC KEYS 65
5.4.5 WORLD’S LEADING PAYMENT INFRASTRUCTURE PARTNERED WITH QNU LABS TO ACHIEVE 100% PQC COMPLIANCE 65
5.4.6 QUANTUM-RESILIENT DATA SECURITY IN HEALTHCARE: A CRITICAL IMPERATIVE 66
5.5 VALUE CHAIN ANALYSIS 67
5.5.1 TECHNOLOGY INFRASTRUCTURE PROVIDERS 67
5.5.2 POST-QUANTUM CRYPTOGRAPHY PROVIDERS 67
5.5.3 APPLICATION DEVELOPERS 68
5.5.4 SYSTEM INTEGRATORS 68
5.5.5 VERTICALS 68
5.6 ECOSYSTEM ANALYSIS 68
5.7 PORTER’S FIVE FORCES MODEL ANALYSIS 70
5.7.1 THREAT OF NEW ENTRANTS 71
5.7.2 THREAT OF SUBSTITUTES 71
5.7.3 BARGAINING POWER OF SUPPLIERS 71
5.7.4 BARGAINING POWER OF BUYERS 71
5.7.5 INTENSITY OF COMPETITIVE RIVALRY 71
5.8 PRICING MODEL ANALYSIS 72
5.8.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY SOLUTION, 2024 72
5.8.2 INDICATIVE PRICING ANALYSIS, BY OFFERING 73
5.9 TECHNOLOGY ANALYSIS 73
5.9.1 KEY TECHNOLOGIES 73
5.9.1.1 Lattice-based Cryptography 73
5.9.1.2 Code-based Cryptography 74
5.9.1.3 Hash-based Cryptography 74
5.9.1.4 Multivariate Cryptography 75
5.9.1.5 Symmetric Key Quantum Resistance 75
5.9.1.6 Isogeny-based Cryptography 75
5.9.2 COMPLEMENTARY TECHNOLOGIES 76
5.9.2.1 Quantum-resistant Hardware Accelerators 76
5.9.2.2 Cloud-based PQC 76
5.9.3 ADJACENT TECHNOLOGIES 76
5.9.3.1 Quantum Computing 76
5.9.3.2 Post-quantum Cybersecurity 76
5.10 PATENT ANALYSIS 77
5.11 TRADE ANALYSIS 79
5.12 TARIFF & REGULATORY LANDSCAPE 80
5.12.1 TARIFF RELATED TO PQC PRODUCTS 81
5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
5.12.3 KEY REGULATIONS 86
5.12.3.1 NIST PQC Standards 86
5.12.3.2 CNSA 2.0 Compliance Mandate 87
5.12.3.3 ETSI Quantum-safe Cryptography Standards 87
5.12.3.4 EU Cybersecurity Act and ENISA Guidelines 87
5.12.3.5 ISO/IEC Cryptographic Standard Update 87
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 88
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 88
5.13.2 BUYING CRITERIA 88
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 89
5.15 KEY CONFERENCES & EVENTS 90
5.16 BUSINESS MODEL ANALYSIS 90
5.16.1 ALGORITHM DEVELOPMENT AND LICENSING IN POST-QUANTUM CRYPTOGRAPHY 90
5.16.2 CONSULTING SERVICES 91
5.16.3 HARDWARE SOLUTIONS 91
5.16.4 SOFTWARE SOLUTIONS 91
5.16.5 CLOUD-BASED SERVICES MODEL 92
5.16.6 SPECIALIZED SECURITY SOLUTIONS 92
5.16.7 SUBSCRIPTION-BASED MODEL 92
5.16.8 EDUCATION AND TRAINING IN POST-QUANTUM CRYPTOGRAPHY MARKET 93
5.17 INVESTMENT AND FUNDING SCENARIO 93
5.18 IMPACT OF 2025 US TARIFF ? OVERVIEW 94
5.18.1 INTRODUCTION 94
5.18.2 KEY TARIFF RATES 95
5.18.3 PRICE IMPACT ANALYSIS 96
5.18.4 IMPACT ON COUNTRY/REGION 97
5.18.4.1 North America 97
5.18.4.1.1 United States 97
5.18.4.1.2 Canada 97
5.18.4.1.3 Mexico 98
5.18.4.2 Europe 98
5.18.4.2.1 Germany 98
5.18.4.2.2 France 99
5.18.4.2.3 United Kingdom 99
5.18.4.3 APAC 99
5.18.4.3.1 China 99
5.18.4.3.2 Japan 100
5.18.4.3.3 India 100
5.18.5 INDUSTRIES 100
6 POST-QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING 102
6.1 INTRODUCTION 103
6.1.1 OFFERING: POST-QUANTUM CRYPTOGRAPHY MARKET DRIVERS. 103
6.2 SOLUTIONS 104
6.2.1 QUANTUM-SAFE HARDWARE 105
6.2.1.1 Rising need for secure hardware-based key storage and accelerated PQC adoption across devices 105
6.2.2 QUANTUM-RESISTANT ALGORITHMS 106
6.2.2.1 Standardization efforts by NIST pushing adoption of next-gen algorithms 106
6.2.3 QUANTUM-SAFE CRYPTOGRAPHIC LIBRARIES 107
6.2.3.1 Demand for easy integration of PQC into existing enterprise and cloud applications 107
6.2.4 QUANTUM-SAFE VPN, EMAIL SERVICES, AND MESSAGING SYSTEMS 108
6.2.4.1 Growing urgency to protect critical communications from quantum-era interception risks 108
6.2.5 QUANTUM-SAFE BLOCKCHAIN SOLUTIONS 109
6.2.5.1 Increasing concerns over long-term immutability and crypto wallet security 109
6.2.6 QUANTUM-SAFE AUTHENTICATION SOLUTIONS 110
6.2.6.1 Protect digital identities with quantum-resistant authentication 110
6.2.7 QUANTUM-RESISTANT ENCRYPTION SOLUTIONS 111
6.2.7.1 Helps encrypt data and safeguard against future quantum risk 111
6.3 SERVICES 112
6.3.1 DESIGN, IMPLEMENTATION, AND CONSULTING 113
6.3.1.1 Design, implementation, and consulting driving PQC adoption as enterprises need expert integration support 113
6.3.2 MIGRATION SERVICES 114
6.3.2.1 Migration services fueling growth as organizations shift from legacy to quantum-safe standards 114
6.3.3 QUANTUM RISK ASSESSMENT 115
6.3.3.1 Quantum risk assessment accelerating adoption as businesses seek to uncover and mitigate vulnerabilities early 115
7 POST-QUANTUM CRYPTOGRAPHY MARKET, BY ORGANIZATION SIZE 116
7.1 INTRODUCTION 117
7.1.1 ORGANIZATION SIZE: POST-QUANTUM CRYPTOGRAPHY MARKET DRIVERS 117
7.2 SMALL & MEDIUM-SIZED ENTERPRISES 118
7.2.1 NEED FOR AFFORDABLE, EASY-TO-INTEGRATE QUANTUM-SAFE SOLUTIONS DUE TO LIMITED BUDGETS AND EXPERTISE, DRIVING MARKET GROWTH 118
7.3 LARGE ENTERPRISES 119
7.3.1 PROTECTION OF INTELLECTUAL PROPERTY AND SENSITIVE CUSTOMER DATA FUELING INVESTMENT IN PQC, DRIVING MARKET GROWTH 119
?
8 POST-QUANTUM CRYPTOGRAPHY MARKET, BY VERTICAL 120
8.1 INTRODUCTION 121
8.1.1 VERTICAL: POST-QUANTUM CRYPTOGRAPHY MARKET DRIVERS 121
8.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 122
8.2.1 SECURING DIGITAL BANKING, PAYMENTS, AND FINANCIAL RECORDS DRIVING GROWTH 122
8.3 GOVERNMENT & DEFENSE 123
8.3.1 INCREASING FOCUS ON NATIONAL SECURITY AND RESILIENT COMMUNICATIONS DRIVING GROWTH 123
8.4 HEALTHCARE 124
8.4.1 GROWING NEED TO PROTECT PATIENT DATA AND ELECTRONIC HEALTH RECORDS, DRIVING ADOPTION OF PQC SOLUTIONS 124
8.5 IT & ITES 125
8.5.1 EXPANDING ADOPTION OF CLOUD AND ENTERPRISE INFRASTRUCTURE SECURITY FUELING MARKET GROWTH 125
8.6 RETAIL & E-COMMERCE 126
8.6.1 RISING IMPORTANCE OF SAFEGUARDING E-COMMERCE AND DIGITAL IDENTITIES DRIVING GROWTH 126
8.7 OTHER VERTICALS 127
9 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY REGION 128
9.1 INTRODUCTION 129
9.2 NORTH AMERICA 130
9.2.1 NORTH AMERICA: MARKET DRIVERS 130
9.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK 130
9.2.3 US 133
9.2.3.1 Driving PQC adoption through federal mandates, national standards, and public-private partnerships 133
9.2.4 CANADA 135
9.2.4.1 Advancing PQC leadership with government funding, university research, and enterprise-level collaborations 135
9.3 EUROPE 137
9.3.1 EUROPE: MARKET DRIVERS 138
9.3.2 EUROPE: MACROECONOMIC OUTLOOK 138
9.3.3 UK 141
9.3.3.1 Strengthening PQC readiness through national initiatives and cybersecurity integration programs 141
9.3.4 GERMANY 143
9.3.4.1 Accelerating PQC innovation with public research investment and industrial partnerships 143
9.3.5 FRANCE 145
9.3.5.1 Expanding PQC capabilities through academic excellence and government-backed projects 145
9.3.6 REST OF EUROPE 147
?
9.4 ASIA PACIFIC 148
9.4.1 ASIA PACIFIC: MARKET DRIVERS 148
9.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK 148
9.4.3 CHINA 151
9.4.3.1 Leading PQC development through state-backed investment and enterprise deployment 151
9.4.4 JAPAN 153
9.4.4.1 Driving PQC applications with strong government support and industry engagement 153
9.4.5 INDIA 155
9.4.5.1 Scaling PQC adoption with national strategy, startups,
and academic participation 155
9.4.6 REST OF ASIA PACIFIC 157
9.5 MIDDLE EAST & AFRICA 157
9.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS 157
9.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 158
9.5.3 MIDDLE EAST 160
9.5.3.1 Driving PQC adoption through national technology strategies,
secure communication projects, and industry pilots 160
9.5.4 AFRICA 162
9.5.4.1 Building PQC foundations through national quantum initiatives, regional collaboration, and academic research 162
9.6 LATIN AMERICA 164
9.6.1 LATIN AMERICA: MARKET DRIVERS 164
9.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK 164
9.6.3 BRAZIL 166
9.6.3.1 Expanding PQC adoption with university research and fintech ecosystem initiatives 166
9.6.4 MEXICO 168
9.6.4.1 Developing PQC capabilities through academic partnerships and financial services applications 168
9.6.5 REST OF LATIN AMERICA 170
10 COMPETITIVE LANDSCAPE 171
10.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 171
10.2 REVENUE ANALYSIS 172
10.3 MARKET SHARE ANALYSIS, 2024 173
10.4 BRAND COMPARISON 175
10.5 COMPANY VALUATION AND FINANCIAL METRICS 176
10.5.1 COMPANY VALUATION, 2025 176
10.5.2 FINANCIAL METRICS USING EV/EBITDA, 2025 177
?
10.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 177
10.6.1 STARS 178
10.6.2 EMERGING LEADERS 178
10.6.3 PERVASIVE PLAYERS 178
10.6.4 PARTICIPANTS 178
10.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 180
10.6.5.1 Company footprint 180
10.6.5.2 Solution footprint 181
10.6.5.3 Vertical footprint 181
10.6.5.4 Regional footprint 182
10.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 182
10.7.1 PROGRESSIVE COMPANIES 183
10.7.2 RESPONSIVE COMPANIES 183
10.7.3 DYNAMIC COMPANIES 183
10.7.4 STARTING BLOCKS 183
10.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 185
10.7.5.1 Detailed list of key startups/SMEs 185
10.7.5.2 Competitive benchmarking of key startups/SMEs 186
10.8 COMPETITIVE SCENARIO 188
10.8.1 PRODUCT LAUNCHES/ENHANCEMENTS 188
10.8.2 DEALS 192
11 COMPANY PROFILES 197
11.1 KEY PLAYERS 197
11.1.1 NXP SEMICONDUCTORS 197
11.1.1.1 Business overview 197
11.1.1.2 Products/Solutions/Services offered 198
11.1.1.3 Recent developments 199
11.1.1.4 MnM view 201
11.1.1.4.1 Key strengths 201
11.1.1.4.2 Strategic choices 201
11.1.1.4.3 Weaknesses and competitive threats 201
11.1.2 THALES 202
11.1.2.1 Business overview 202
11.1.2.2 Products/Solutions/Services offered 203
11.1.2.3 Recent developments 206
11.1.2.4 MnM view 208
11.1.2.4.1 Key strengths 208
11.1.2.4.2 Strategic choices 208
11.1.2.4.3 Weaknesses and competitive threats 208
?
11.1.3 AWS 209
11.1.3.1 Business overview 209
11.1.3.2 Products/Solutions/Services offered 210
11.1.3.3 Recent developments 210
11.1.3.4 MnM view 212
11.1.3.4.1 Key strengths 212
11.1.3.4.2 Strategic choices 212
11.1.3.4.3 Weaknesses and competitive threats 212
11.1.4 IDEMIA 213
11.1.4.1 Business overview 213
11.1.4.2 Products/Solutions/Services offered 213
11.1.4.3 Recent developments 214
11.1.4.4 MnM view 217
11.1.4.4.1 Key strengths 217
11.1.4.4.2 Strategic choices 217
11.1.4.4.3 Weaknesses and competitive threats 217
11.1.5 PALO ALTO NETWORKS 218
11.1.5.1 Business overview 218
11.1.5.2 Products/Solutions/Services offered 219
11.1.5.3 Recent developments 220
11.1.5.4 MnM view 223
11.1.5.4.1 Key strengths 223
11.1.5.4.2 Strategic choices 223
11.1.5.4.3 Weaknesses and competitive threats 223
11.1.6 ST ENGINEERING 224
11.1.6.1 Business overview 224
11.1.6.2 Products/Solutions/Services offered 227
11.1.6.3 Recent developments 227
11.1.7 DIGICERT 228
11.1.7.1 Business overview 228
11.1.7.2 Products/Solutions/Services offered 228
11.1.7.3 Recent developments 229
11.1.8 KLOCH 230
11.1.8.1 Business overview 230
11.1.8.2 Products/Solutions/Services offered 230
11.1.9 PATERO 231
11.1.9.1 Business overview 231
11.1.9.2 Products/Solutions/Services Offered 232
11.1.9.3 Recent developments 233
?
11.1.10 POST-QUANTUM 234
11.1.10.1 Business overview 234
11.1.10.2 Products/Solutions/Services offered 234
11.1.11 PQSHIELD 235
11.1.11.1 Business overview 235
11.1.11.2 Products/Solutions/Services offered 235
11.1.11.3 Recent developments 237
11.1.12 ENTRUST 239
11.1.12.1 Business overview 239
11.1.12.2 Products/Solutions/Services offered 240
11.1.12.3 Recent developments 241
11.1.13 IBM 242
11.1.13.1 Business overview 242
11.1.13.2 Products/Solutions/Services offered 243
11.1.13.3 Recent developments 244
11.1.14 QNU LABS 246
11.1.14.1 Business overview 246
11.1.14.2 Products/Solutions/Services offered 246
11.1.14.3 Recent developments 247
11.1.15 ULTIMACO 248
11.1.15.1 Business overview 248
11.1.15.2 Products/Solutions/Services offered 248
11.1.15.3 Recent developments 249
11.1.16 QUANTUM XCHANGE 250
11.1.16.1 Business overview 250
11.1.16.2 Products/Solutions/Services offered 250
11.1.17 QUANTROPI 251
11.1.18 ARQIT 252
11.1.19 CRYPTO QUANTIQUE 253
11.1.20 CRYPTO4A 254
11.1.21 CRYPTONEXT 255
11.1.22 QRYPT 256
11.1.23 ENQUANTUM 257
11.1.24 XIPHERA 258
11.1.25 SIXSCAPE 259
11.1.26 KEYFACTOR 260
11.1.27 RESQUANT 261
11.1.28 RAMBUS 262
11.1.29 ARCHON 263
11.1.30 RISCURE 264
?
12 ADJACENT MARKETS 265
12.1 INTRODUCTION 265
12.2 LIMITATIONS 265
12.3 QUANTUM CRYPTOGRAPHY MARKET 266
12.4 QUANTUM KEY DISTRIBUTION MARKET 269
13 APPENDIX 273
13.1 DISCUSSION GUIDE 273
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 276
13.3 CUSTOMIZATION OPTIONS 278
13.4 RELATED REPORTS 278
13.5 AUTHOR DETAILS 279

ページTOPに戻る

List of Tables/Graphs

TABLE 1 USD EXCHANGE RATES, 2019?2024 34
TABLE 2 FACTOR ANALYSIS 42
TABLE 3 RESEARCH ASSUMPTIONS 43
TABLE 4 POST-QUANTUM CRYPTOGRAPHY MARKET SIZE AND GROWTH RATE,
2023?2030 (USD MILLION, Y-O-Y %) 47
TABLE 5 POST-QUANTUM CRYPTOGRAPHY MARKET ECOSYSTEM 69
TABLE 6 IMPACT OF PORTER’S FIVE FORCES ON POST-QUANTUM CRYPTOGRAPHY MARKET 70
TABLE 7 AVERAGE SELLING PRICES OF KEY PLAYERS FOR POST-QUANTUM CRYPTOGRAPHY SOLUTIONS, 2024 72
TABLE 8 INDICATIVE PRICING ANALYSIS 73
TABLE 9 TOP PATENTS IN POST-QUANTUM CRYPTOGRAPHY MARKET, 2024 78
TABLE 10 TARIFF RELATED TO PQC PRODUCTS, 2024 81
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 83
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 84
TABLE 14 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 15 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 86
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 88
TABLE 17 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 89
TABLE 18 KEY CONFERENCES & EVENTS, 2025?2026 90
TABLE 19 US ADJUSTED RECIPROCAL TARIFF RATES 95
TABLE 20 KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR POST-QUANTUM
CRYPTOGRAPHY HARDWARE 96
TABLE 21 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKET
DUE TO TARIFF 96
TABLE 22 POST-QUANTUM CRYPTOGRAPHY MARKET, BY OFFERING,
2023?2030 (USD MILLION) 104
TABLE 23 POST-QUANTUM CRYPTOGRAPHY MARKET, BY SOLUTION,
2023?2030 (USD MILLION) 105
TABLE 24 SOLUTIONS: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 105
TABLE 25 QUANTUM-SAFE HARDWARE: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 106
TABLE 26 QUANTUM-RESISTANT ALGORITHMS: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 107
TABLE 27 QUANTUM-SAFE CRYPTOGRAPHIC LIBRARIES: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 108
TABLE 28 QUANTUM-SAFE VPN, EMAIL SERVICES, AND MESSAGING SYSTEMS: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 109
TABLE 29 QUANTUM-SAFE BLOCKCHAIN SOLUTIONS: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 110
TABLE 30 QUANTUM-SAFE AUTHENTICATION SOLUTIONS: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 111
TABLE 31 QUANTUM-RESISTANT ENCRYPTION SOLUTIONS: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 112
TABLE 32 POST-QUANTUM CRYPTOGRAPHY MARKET, BY SERVICE,
2023?2030 (USD MILLION) 113
TABLE 33 SERVICES: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 113
TABLE 34 DESIGN, IMPLEMENTATION, AND CONSULTING: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION, 2023?2030 (USD MILLION) 114
TABLE 35 MIGRATION SERVICES: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 114
TABLE 36 QUANTUM RISK ASSESSMENT: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 115
TABLE 37 POST-QUANTUM CRYPTOGRAPHY MARKET, BY ORGANIZATION SIZE,
2023?2030 (USD MILLION) 118
TABLE 38 SMES: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION,
2023?2030 (USD MILLION) 118
TABLE 39 LARGE ENTERPRISES: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 119
TABLE 40 POST-QUANTUM CRYPTOGRAPHY MARKET, BY VERTICAL,
2023?2030 (USD MILLION) 122
TABLE 41 BFSI: POST-QUANTUM CRYPTOGRAPHY MARKET, BY REGION,
2023?2030 (USD MILLION) 123
TABLE 42 GOVERNMENT & DEFENSE: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 124
TABLE 43 HEALTHCARE: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 124
TABLE 44 IT & ITES: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 125
TABLE 45 RETAIL & E-COMMERCE: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 126
TABLE 46 OTHER VERTICALS: POST-QUANTUM CRYPTOGRAPHY MARKET,
BY REGION, 2023?2030 (USD MILLION) 127
TABLE 47 POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY REGION,
2023?2030 (USD MILLION) 129
TABLE 48 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 131
TABLE 49 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 132
TABLE 50 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC),
BY SERVICE, 2023?2030 (USD MILLION) 132
TABLE 51 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 132
TABLE 52 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 133
TABLE 53 NORTH AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY COUNTRY, 2023?2030 (USD MILLION) 133
TABLE 54 US: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY OFFERING,
2023?2030 (USD MILLION) 134
TABLE 55 US: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET, BY SOLUTION,
2023?2030 (USD MILLION) 134
TABLE 56 US: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 134
TABLE 57 US: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 135
TABLE 58 US: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 135
TABLE 59 CANADA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 136
TABLE 60 CANADA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 136
TABLE 61 CANADA: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 136
TABLE 62 CANADA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 137
TABLE 63 CANADA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 137
TABLE 64 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 139
TABLE 65 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 140
TABLE 66 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 140
TABLE 67 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 140
TABLE 68 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 141
TABLE 69 EUROPE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY COUNTRY, 2023?2030 (USD MILLION) 141
TABLE 70 UK: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 142
TABLE 71 UK: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 142
TABLE 72 UK: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 142
TABLE 73 UK: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 143
TABLE 74 UK: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 143
TABLE 75 GERMANY: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 144
TABLE 76 GERMANY: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 144
TABLE 77 GERMANY: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 144
TABLE 78 GERMANY: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 145
TABLE 79 GERMANY: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 145
TABLE 80 FRANCE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 146
TABLE 81 FRANCE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 146
TABLE 82 FRANCE: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 146
TABLE 83 FRANCE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 147
TABLE 84 FRANCE: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 147
TABLE 85 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 149
TABLE 86 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 149
TABLE 87 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC),
BY SERVICE, 2023?2030 (USD MILLION) 149
TABLE 88 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 150
TABLE 89 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 150
TABLE 90 ASIA PACIFIC: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY COUNTRY, 2023?2030 (USD MILLION) 150
TABLE 91 CHINA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 151
TABLE 92 CHINA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 151
TABLE 93 CHINA: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 152
TABLE 94 CHINA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 152
TABLE 95 CHINA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 152
TABLE 96 JAPAN: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 153
TABLE 97 JAPAN: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 153
TABLE 98 JAPAN: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 154
TABLE 99 JAPAN: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 154
TABLE 100 JAPAN: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 154
TABLE 101 INDIA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 155
TABLE 102 INDIA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 155
TABLE 103 INDIA: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 156
TABLE 104 INDIA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 156
TABLE 105 INDIA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 156
TABLE 106 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 158
TABLE 107 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 158
TABLE 108 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC),
BY SERVICE, 2023?2030 (USD MILLION) 159
TABLE 109 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 159
TABLE 110 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 159
TABLE 111 MIDDLE EAST & AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY REGION, 2023?2030 (USD MILLION) 159
TABLE 112 MIDDLE EAST: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 160
TABLE 113 MIDDLE EAST: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 160
TABLE 114 MIDDLE EAST: POST-QUANTUM CRYPTOGRAPHY (PQC),
BY SERVICE, 2023?2030 (USD MILLION) 161
TABLE 115 MIDDLE EAST: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 161
TABLE 116 MIDDLE EAST: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 161
TABLE 117 AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 162
TABLE 118 AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 162
TABLE 119 AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 163
TABLE 120 AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 163
TABLE 121 AFRICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 163
TABLE 122 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 164
TABLE 123 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 165
TABLE 124 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC),
BY SERVICE, 2023?2030 (USD MILLION) 165
TABLE 125 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 165
TABLE 126 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 166
TABLE 127 LATIN AMERICA: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY COUNTRY, 2023?2030 (USD MILLION) 166
TABLE 128 BRAZIL: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 167
TABLE 129 BRAZIL: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 167
TABLE 130 BRAZIL: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 167
TABLE 131 BRAZIL: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 168
TABLE 132 BRAZIL: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 168
TABLE 133 MEXICO: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY OFFERING, 2023?2030 (USD MILLION) 169
TABLE 134 MEXICO: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY SOLUTION, 2023?2030 (USD MILLION) 169
TABLE 135 MEXICO: POST-QUANTUM CRYPTOGRAPHY (PQC), BY SERVICE,
2023?2030 (USD MILLION) 169
TABLE 136 MEXICO: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY ORGANIZATION SIZE, 2023?2030 (USD MILLION) 170
TABLE 137 MEXICO: POST-QUANTUM CRYPTOGRAPHY (PQC) MARKET,
BY VERTICAL, 2023?2030 (USD MILLION) 170
TABLE 138 OVERVIEW OF STRATEGIES ADOPTED BY KEY POST-QUANTUM
CRYPTOGRAPHY VENDORS, 2021-2025 171
TABLE 139 POST-QUANTUM CRYPTOGRAPHY MARKET: DEGREE OF COMPETITION 173
TABLE 140 POST-QUANTUM CRYPTOGRAPHY MARKET: SOLUTION FOOTPRINT 181
TABLE 141 POST-QUANTUM CRYPTOGRAPHY MARKET: VERTICAL FOOTPRINT 181
TABLE 142 POST-QUANTUM CRYPTOGRAPHY MARKET: REGION FOOTPRINT 182
TABLE 143 POST-QUANTUM CRYPTOGRAPHY MARKET: KEY STARTUPS/SMES 185
TABLE 144 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPETITIVE BENCHMARKING
OF KEY STARTUPS/SMES, BY VERTICAL 186
TABLE 145 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPETITIVE BENCHMARKING
OF KEY STARTUPS/SMES, BY REGION 187
TABLE 146 POST-QUANTUM CRYPTOGRAPHY MARKET: PRODUCT LAUNCHES/ENHANCEMENTS, JANUARY 2023?SEPTEMBER 2025 188
TABLE 147 POST-QUANTUM CRYPTOGRAPHY MARKET: DEALS,
JANUARY 2023?SEPTEMBER 2025 192
TABLE 148 NXP SEMICONDUCTORS: COMPANY OVERVIEW 197
TABLE 149 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
TABLE 150 NXP SEMICONDUCTORS: PRODUCT LAUNCHES AND ENHANCEMENTS 199
TABLE 151 NXP SEMICONDUCTORS: DEALS 200
TABLE 152 THALES: COMPANY OVERVIEW 202
TABLE 153 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 154 THALES: PRODUCT LAUNCHES AND ENHANCEMENTS 206
TABLE 155 THALES: DEALS 207
TABLE 156 AWS: COMPANY OVERVIEW 209
TABLE 157 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 158 AWS: PRODUCT LAUNCHES AND ENHANCEMENTS 210
TABLE 159 AWS: DEALS 211
TABLE 160 IDEMIA: COMPANY OVERVIEW 213
TABLE 161 IDEMIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 162 IDEMIA: PRODUCT LAUNCHES AND ENHANCEMENTS 214
TABLE 163 IDEMIA: DEALS 215
TABLE 164 PALO ALTO NETWORKS: COMPANY OVERVIEW 218
TABLE 165 PALO ALTO NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 166 PALO ALTO NETWORKS: PRODUCT LAUNCHES AND ENHANCEMENTS 220
TABLE 167 PALO ALTO NETWORKS: DEALS 222
TABLE 168 ST ENGINEERING: COMPANY OVERVIEW 225
TABLE 169 ST ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 227
TABLE 170 ST ENGINEERING: DEALS, JANUARY 2023?AUGUST 2025 227
TABLE 171 DIGICERT: COMPANY OVERVIEW 228
TABLE 172 DIGICERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 173 DIGICERT: DEALS 229
TABLE 174 KLOCH: COMPANY OVERVIEW 230
TABLE 175 KLOCH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 230
TABLE 176 PATERO: COMPANY OVERVIEW 231
TABLE 177 PATERO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 232
TABLE 178 PATERO: PRODUCT LAUNCHES AND ENHANCEMENTS 233
TABLE 179 PATERO: DEALS 233
TABLE 180 POST-QUANTUM: COMPANY OVERVIEW 234
TABLE 181 POST-QUANTUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
TABLE 182 PQSHIELD: COMPANY OVERVIEW 235
TABLE 183 PQSHIELD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 235
TABLE 184 PQSHIELD: PRODUCT LAUNCHES AND ENHANCEMENTS 237
TABLE 185 PQSHIELD: DEALS 238
TABLE 186 ENTRUST: COMPANY OVERVIEW 239
TABLE 187 ENTRUST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 240
TABLE 188 ENTRUST: PRODUCT LAUNCHES AND ENHANCEMENTS 241
TABLE 189 IBM: COMPANY OVERVIEW 242
TABLE 190 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 191 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS 244
TABLE 192 IBM: DEALS 245
TABLE 193 QNU LABS: COMPANY OVERVIEW 246
TABLE 194 QNU LABS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 195 QNU LABS: PRODUCT LAUNCHES AND ENHANCEMENTS 247
TABLE 196 QNU LABS: DEALS 247
TABLE 197 ULTIMACO: COMPANY OVERVIEW 248
TABLE 198 ULTIMACO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 248
TABLE 199 ULTIMACO: PRODUCT LAUNCHES AND ENHANCEMENTS 249
TABLE 200 QUANTUM XCHANGE: COMPANY OVERVIEW 250
TABLE 201 QUANTUM XCHANGE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 250
TABLE 202 ADJACENT MARKETS AND FORECASTS 265
TABLE 203 QUANTUM COMMUNICATION MARKET, BY OFFERING, 2020?2023 (USD MILLION) 266
TABLE 204 QUANTUM COMMUNICATION MARKET, BY OFFERING, 2024?2030 (USD MILLION) 266
TABLE 205 QUANTUM COMMUNICATION MARKET, BY SOLUTION, 2020?2023 (USD MILLION) 266
TABLE 206 QUANTUM COMMUNICATION MARKET, BY SOLUTION, 2024?2030 (USD MILLION) 267
TABLE 207 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE,
2020?2023 (USD MILLION) 267
TABLE 208 QUANTUM COMMUNICATION MARKET, BY DEPLOYMENT MODE,
2024?2030 (USD MILLION) 267
TABLE 209 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE,
2020?2023 (USD MILLION) 267
TABLE 210 QUANTUM COMMUNICATION MARKET, BY ORGANIZATION SIZE,
2024?2030 (USD MILLION) 268
?
TABLE 211 QUANTUM COMMUNICATION MARKET, BY VERTICAL, 2020?2023 (USD MILLION) 268
TABLE 212 QUANTUM COMMUNICATION MARKET, BY VERTICAL, 2024?2030 (USD MILLION) 268
TABLE 213 QUANTUM KEY DISTRIBUTION MARKET, BY OFFERING, 2018?2023 (USD MILLION) 269
TABLE 214 QUANTUM KEY DISTRIBUTION MARKET, BY OFFERING, 2024?2030 (USD MILLION) 269
TABLE 215 QUANTUM KEY DISTRIBUTION MARKET, BY TYPE, 2018?2023 (USD MILLION) 269
TABLE 216 QUANTUM KEY DISTRIBUTION MARKET, BY TYPE, 2024?2030 (USD MILLION) 270
TABLE 217 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM,
2018?2023 (USD MILLION) 270
TABLE 218 QUANTUM KEY DISTRIBUTION MARKET, BY TRANSMISSION MEDIUM,
2024?2030 (USD MILLION) 270
TABLE 219 QUANTUM KEY DISTRIBUTION MARKET, BY ORGANIZATION SIZE,
2018?2023 (USD MILLION) 270
TABLE 220 QUANTUM KEY DISTRIBUTION MARKET, BY ORGANIZATION SIZE,
2024?2030 (USD MILLION) 271
TABLE 221 QUANTUM KEY DISTRIBUTION MARKET, BY APPLICATION,
2018?2023 (USD MILLION) 271
TABLE 222 QUANTUM KEY DISTRIBUTION MARKET, BY APPLICATION,
2024?2030 (USD MILLION) 271
TABLE 223 QUANTUM KEY DISTRIBUTION MARKET, BY VERTICAL, 2018?2023 (USD MILLION) 272
TABLE 224 QUANTUM KEY DISTRIBUTION MARKET, BY VERTICAL, 2024?2030 (USD MILLION) 272FIGURE 1 POST-QUANTUM CRYPTOGRAPHY MARKET: RESEARCH DESIGN 35
FIGURE 2 POST-QUANTUM CRYPTOGRAPHY MARKET: DATA TRIANGULATION 37
FIGURE 3 APPROACH 1 (SUPPLY SIDE): REVENUE FROM PLATFORMS/SERVICES OF
POST-QUANTUM CRYPTOGRAPHY VENDORS 39
FIGURE 4 APPROACH 1 - SUPPLY-SIDE ANALYSIS 39
FIGURE 5 POST-QUANTUM CRYPTOGRAPHY MARKET ESTIMATION: RESEARCH FLOW 40
FIGURE 6 APPROACH 2 - BOTTOM-UP (DEMAND SIDE): SOLUTIONS & SERVICES 41
FIGURE 7 NIST POST-QUANTUM CRYPTOGRAPHY STANDARDS 46
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2025 48
FIGURE 9 GEOPOLITICAL RISKS AND GLOBAL DATA FLOWS DRIVING PQC ADOPTION
AND INTEROPERABILITY 49
FIGURE 10 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2025 49
FIGURE 11 QUANTUM-SAFE HARDWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 50
FIGURE 12 DESIGN, IMPLEMENTATION, AND CONSULTING SEGMENT TO ACCOUNT
FOR LARGEST MARKET SHARE IN 2025 50
FIGURE 13 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE
IN 2025 51
FIGURE 14 BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT
FOR LARGEST MARKET SHARE IN 2025 51
FIGURE 15 EUROPE TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 52
FIGURE 16 POST-QUANTUM CRYPTOGRAPHY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
FIGURE 17 MARKET POTENTIAL OF GENERATIVE AI IN ENHANCING POST-QUANTUM CRYPTOGRAPHY MARKET ACROSS INDUSTRIES 60
FIGURE 18 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS 61
FIGURE 19 PQC MARKET: VALUE CHAIN ANALYSIS 67
FIGURE 20 PQC MARKET: ECOSYSTEM 68
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 22 POST QUANTUM CRYPTOGRAPHY SOLUTIONS: AVERAGE SELLING PRICE
OF SOLUTION, 2024 72
FIGURE 23 NUMBER OF PATENTS GRANTED FOR POST-QUANTUM CRYPTOGRAPHY
MARKET, 2015?2025 77
FIGURE 24 REGIONAL ANALYSIS OF PATENTS GRANTED FOR POST-QUANTUM
CRYPTOGRAPHY MARKET 78
FIGURE 25 IMPORT DATA, BY KEY COUNTRY, 2020?2024 (USD MILLION) 79
FIGURE 26 EXPORT DATA, BY KEY COUNTRY, 2020?2024 (USD MILLION) 80
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 88
FIGURE 28 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 88
FIGURE 29 POST-QUANTUM CRYPTOGRAPHY MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 89
?
FIGURE 30 GLOBAL PQC COMPANIES’ FUNDING AND NUMBER OF INVESTORS 93
FIGURE 31 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 103
FIGURE 32 QUANTUM-RESISTANT ENCRYPTION SOLUTIONS SEGMENT TO GROW
AT HIGHEST CAGR DURING FORECAST PERIOD 104
FIGURE 33 MIGRATION SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING
FORECAST PERIOD 112
FIGURE 34 SMES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 117
FIGURE 35 IT & ITES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 121
FIGURE 36 EUROPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 129
FIGURE 37 NORTH AMERICA: MARKET SNAPSHOT 131
FIGURE 38 EUROPE: MARKET SNAPSHOT 139
FIGURE 39 SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS,
2021?2024 (USD MILLION) 172
FIGURE 40 POST-QUANTUM CRYPTOGRAPHY MARKET: SHARE OF LEADING COMPANIES, 2024 173
FIGURE 41 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPARISON OF VENDORS’ BRANDS 176
FIGURE 42 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPANY VALUATION OF
KEY VENDORS (USD BILLION) 176
FIGURE 43 POST-QUANTUM CRYPTOGRAPHY MARKET: FINANCIAL METRICS OF KEY VENDORS 177
FIGURE 44 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 179
FIGURE 45 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPANY FOOTPRINT 180
FIGURE 46 POST-QUANTUM CRYPTOGRAPHY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 184
FIGURE 47 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 198
FIGURE 48 THALES: COMPANY SNAPSHOT 203
FIGURE 49 AWS: COMPANY SNAPSHOT 209
FIGURE 50 PALO ALTO NETWORKS: COMPANY SNAPSHOT 219
FIGURE 51 ST ENGINEERING: COMPANY SNAPSHOT 226
FIGURE 52 IBM: COMPANY SNAPSHOT 242