Imminent NIST Post-Quantum Cryptography Standards to Propel a US$503 PQC Million Market by 2028, Addressing the Urgent Need for Quantum-Resistant Encryption

Quantum computers capable of launching powerful attacks could become a reality as early as 2030, posing devastating national security risks. A quantum-based attack could penetrate the digital world unprecedentedly, rendering many of today's trusted cybersecurity solutions obsolete. Quantum-safe technologies are crucial for securing our digital communities and communication networks against this emerging threat.

In response, global technology intelligence firm ABI Research has just launched its Quantum-Safe Technologies research service, which focuses on enabling service providers to better address the transition to quantum-safe technologies.

“The advent of attack-capable quantum computers is on the horizon, and therefore, appropriate quantum-safe technologies are being developed, standardized, and tested to ensure they can withstand a quantum-based attack. The service focuses on current technology developments, standardization efforts, and commercialization and migration strategies for a post-quantum era,” says Michela Menting, Senior Research Director at ABI Research.

Quantum-Safe Technologies research service coverage areas include:

• Implications of quantum-safe technologies and key components of this new concept
• Competitive analysis of Hardware Security Modules (HSMs) in the general purpose and payments markets
• HSM ecosystem and market trends, including key technology providers and reference use cases
• Competitive analysis of Public Key Infrastructure (PKI) solutions
• Forecast of PKI Total Addressable Market (TAM), identifying strategic opportunities for certificate authorities
• Introduction to Post-Quantum Cryptography (PQC) , market landscape, and key ecosystem players
• Market opportunity for PQC and areas of growth in the next 6 to 12 months
• Competitive analysis of Quantum Key Distribution (QKD) providers
• QKD market landscape, enterprise use cases, and reference architecture
• The rise of cloud HSM services, benefits and challenges in deploying HSM-as-a-Service (HSMaaS), and customer use cases
• Quantum migration strategies, crypto-discovery tools, focusing on optimizing crypto-agility

“Through our new Quantum-Safe Technologies service, ABI Research helps solution providers identify post-quantum cryptographic solutions that are critical for enterprises and help technology providers augment products such as HSMs and solutions including PKI to make them quantum-safe with appropriate algorithms, Intellectual Property (IP), and relevant libraries. We also help solution providers evaluate strategies around QKD in the communications space,” Menting concludes.

For a deeper understanding of Quantum-Safe Technologies, download the whitepaper, Future-Proofing Cybersecurity with Quantum-Safe Technologies.