Post-Quantum Cryptography (PQC) Market Report 2025–2035

The Post-Quantum Cryptography (PQC) Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Quantum Threat to Classical Cryptography

One of the most pressing drivers of the PQC market is the looming threat quantum computers pose to classical encryption methods such as RSA and ECC (Elliptic Curve Cryptography). With advancements in quantum computing—spearheaded by firms like IBM, Google, and IonQ—algorithms like Shor's algorithm could potentially break widely used public-key systems. As a result, organizations are recognizing the urgent need to adopt quantum-resistant cryptographic standards to secure long-term data confidentiality. Governments and enterprises alike are concerned about the “harvest now, decrypt later” tactic, where encrypted data is collected today and stored until quantum machines are powerful enough to decrypt it. This risk is accelerating demand for PQC solutions that can safeguard digital assets against future quantum threats.

Implementation Complexity and Legacy System Compatibility

One of the most significant challenges in the PQC market lies in the complexity of implementing quantum-resistant algorithms into existing IT infrastructures. Many enterprises and government agencies rely on deeply embedded cryptographic systems within legacy applications, hardware, and protocols. Replacing or updating these systems to accommodate PQC often involves significant codebase modifications, performance testing, and risk assessments. Moreover, post-quantum algorithms typically demand larger key sizes and more computational resources, which can strain systems not originally designed for such requirements. This technical hurdle is particularly acute in sectors like finance, aerospace, and healthcare, where data security is paramount but downtime or instability is unacceptable. As such, the industry faces a difficult balancing act between adopting future-proof security and maintaining operational continuity.

What would be the Impact of US Trade Tariffs on the Global Post-Quantum Cryptography (PQC) Market?

The imposition of U.S. tariffs on imported technology components and cybersecurity products has introduced a new layer of complexity to the global post-quantum cryptography (PQC) market. These tariffs, primarily aimed at reducing dependency on foreign technology and bolstering domestic production, have had a ripple effect across international supply chains. For post-quantum cryptography solution providers, particularly those relying on hardware components or cryptographic modules manufactured overseas, the tariffs have led to increased production costs and disrupted procurement processes. While these challenges may hinder the short-term scalability of post-quantum cryptography deployment, they have also catalyzed opportunities for domestic innovation and reshoring of manufacturing capabilities. Additionally, the tariffs may incentivize global vendors to establish local production or partnership models within the U.S. to maintain market access, thereby reshaping the competitive landscape. Overall, the impact of U.S. tariffs on the post-quantum cryptography market is twofold: while they pose immediate financial and operational hurdles, they also accelerate the push toward self-reliance and regional diversification in quantum-safe cybersecurity infrastructure.

What Questions Should You Ask before Buying a Market Research Report?

• How is the post-quantum cryptography (PQC) market evolving?
• What is driving and restraining the post-quantum cryptography (PQC) market?
• How will each post-quantum cryptography (PQC) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2035?
• How will the market shares for each post-quantum cryptography (PQC) submarket develop from 2025 to 2035?
• What will be the main driver for the overall market from 2025 to 2035?
• Will leading post-quantum cryptography (PQC) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2035 and which geographical region will lead the market in 2035?
• Who are the leading players and what are their prospects over the forecast period?
• What are the post-quantum cryptography (PQC) projects for these leading companies?
• How will the industry evolve during the period between 2025 and 2035? What are the implications of post-quantum cryptography (PQC) projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the post-quantum cryptography (PQC) market?
• Where is the post-quantum cryptography (PQC) market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the post-quantum cryptography (PQC) market today, and over the next 10 years:

• Our 408-page report provides 120 tables and 162 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Forecasts to 2035 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2035, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising post-quantum cryptography (PQC) prices and recent developments.

Segments Covered in the Report

By Deployment Mode

• On-Premise
• Cloud-Based

By Offering

• Software
• Services
• Hardware

By End-User

• BFSI
• Government and Defence
• Healthcare
• Other End-Users

By Application

• Data Encryption
• Network Security
• Application Security
• Identity and Access Management
• Other Applications

By Algorithm Type

• Lattice-Based Cryptography
• Multivariate Cryptography
• Hash-Based Cryptography
• Code-Based Cryptography
• Isogeny-Based Cryptography
• Other Algorithm Type

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:

North America

• U.S.
• Canada

Europe

• Germany
• UK
• France
• Italy
• Russia
• Rest of Europe

Asia Pacific

• Japan
• China
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

MEA

• GCC
• South Africa
• Rest of MEA

The report also includes profiles and for some of the leading companies in the Post-Quantum Cryptography (PQC) Market, 2025 to 2035, with a focus on this segment of these companies' operations.

Leading companies profiled in the report

• Crypta Labs
• IBM
• ISARA Corporation
• MagiQ Technologies
• NEC Corporation
• Nokia Corporation
• NXP Semiconductors
• Post-Quantum
• Quantum Xchange
• Qubitekk
• QuintessenceLabs
• Thales Group
• Veridify Security.

Overall world revenue for Post-Quantum Cryptography (PQC) Market, 2025 to 2035 in terms of value the market will surpass US$480.1 million in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Post-Quantum Cryptography (PQC) Market, 2025 to 2035 report help you?

In summary, our 400+ page report provides you with the following knowledge:

• Revenue forecasts to 2035 for Post-Quantum Cryptography (PQC) Market, 2025 to 2035, with forecasts for deployment mode, offering, end-user, application, and algorithm type, each forecast at a global and regional level – discover the industry's prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2035 for five regional and 25 key national markets – See forecasts for the Post-Quantum Cryptography (PQC) Market, 2025 to 2035 in North America, Europe, Asia Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, Russia, China, India, Japan, and Australia among other prominent economies.
• Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Post-Quantum Cryptography (PQC) Market, 2025 to 2035.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

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