A new market forecast suggests that post-quantum cryptography is about to shift from niche research topic to multi-billion-dollar industry. According to a report highlighted by ResearchAndMarkets, the global PQC market is expected to grow from about USD 0.42 billion in 2025 to USD 2.84 billion by 2030 – a compound annual growth rate of roughly 46.2%.
This surge is driven by a mix of regulatory pressure, cyber-insurance requirements and the so-called “harvest now, decrypt later” threat model: attackers can steal encrypted data today and wait for future quantum computers to break it. Organizations are being nudged to adopt quantum-resistant schemes to keep long-lived secrets – like health records, financial archives and critical infrastructure data – safe well into the 2030s.
On the technology side, the report notes that quantum-safe hardware and embedded systems are becoming a key segment, with vendors integrating NIST-selected algorithms such as Kyber and Dilithium directly into devices, secure elements and network equipment. Major security and semiconductor players – from NXP and Thales to IBM, PQC-native startups and specialized vendors – are all listed as part of this emerging ecosystem.
For smaller developers and toolmakers, this trend is a clear signal: the world is moving from “should we care about post-quantum?” to “how fast can we migrate without breaking everything?”. Software that helps organizations encrypt files, manage keys and update crypto policies with PQC in mind is likely to become part of that transition toolkit.
