Unveiling the Future of Post-Quantum Cryptography (PQC) with MarketsandMarkets
Monday, 16 September 2024, 07:01
Exploring the Post-Quantum Cryptography (PQC) Landscape
According to MarketsandMarkets, the post-quantum cryptography (PQC) market is on an upward trajectory, with expectations to hit $1,887.9 million by 2029. This remarkable growth can be attributed to the urgent need for resilient cryptographic methods against quantum threats.
Key Insights
- Rising Quantum Threats: As quantum technology advances, traditional encryption methods face new vulnerabilities.
- Market Growth Across Regions: Major contributions are anticipated from Europe and North America.
- Investments in PQC: Increased R&D investment indicates a commitment to developing robust PQC solutions.
Conclusion and Future Outlook
The implications of this market trend indicate a transformative shift in cryptographic security. Stakeholders are encouraged to stay informed as developments unfold.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.