The Post-Quantum Cryptography (PQC) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Post-Quantum Cryptography (PQC) market has seen considerable growth recently. It increased from $0.46 billion in 2024 to $0.68 billion in 2025, with a compound annual growth rate (CAGR) of 30.8%.
The Post-Quantum Cryptography (PQC) market is projected to reach $1.72 billion in size by 2029, growing at a compound annual growth rate (CAGR) of 30.4%.
Download Your Free Sample of the 2025 Post-Quantum Cryptography (PQC) Market Report and Uncover Key Trends Now!The key drivers in the post-quantum cryptography (pqc) market are:
• Rising number of cyberattacks
• Growing quantum research
• Increasing awareness about data privacy
• Growing demand for secure IoT devices
The post-quantum cryptography (PQC) market covered in this report is segmented –
1) By Category: Solution, Service
2) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
3) By Security Application: Network Security, Application Security
4) By End User: Banking, Financial Services And Insurance (BFSI), Government And Defense, Healthcare, Information Technology And Information Technology Enabled Services, Retail And E-Commerce
The key trends in the post-quantum cryptography (pqc) market are:
• New cryptographic algorithmic innovation is an emerging trend.
• Advances in quantum technology are shaping the future of the PQC market.
• Innovation and resilience for future cybersecurity is a noteworthy trend.
• There is a rising trend of product innovation and advancements in quantum computing.
Major players in the post-quantum cryptography (pqc) market are:
• International Business Machines Corporation
• Toshiba Corporation
• Thales Group
• Infineon Technologies AG
• NXP Semiconductors
• Amazon Web Services
• Palo Alto Networks Inc.
• IDEMIA Group
• Entrust Corporation
• Rambus Inc.
• DigiCert Inc.
• ID Quantique SA
• PQShield Ltd.
• Qrypt Inc.
• Qnu Labs Pvt. Ltd.
• Crypto4A Technologies Inc.
• Cryptonext Security
• Xiphera Oy
• Crypto Quantique Ltd.
• Post-Quantum Ltd.
North America was the largest region in the post-quantum cryptography market in 2024