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Post-Quantum Cryptography (PQC) Market Worth $1,887.9 Million by 2029 – Exclusive Report by MarketsandMarkets Page 1

Post-Quantum Cryptography (PQC) Market Worth ,887.9 Million by 2029 – Exclusive Report by MarketsandMarkets Page 1

DELRAY BEACH, Florida., September 16, 2024 /PRNewswire/ — The Post-Quantum Cryptography (PQC) Market The size is expected to increase from
$302.5 million in 2024 to $1,887.9 million by 2029 at a compound annual growth rate (CAGR) of 44.2% over the forecast period, according to a new research report by MarketsandMarkets. The critical driver of post-quantum cryptography is the threat that quantum computers would pose to existing cryptographic solutions, such as RSA (Rivest-Shamir-Adleman) and ECC (Elliptic curve cryptography), which hold highly sensitive data across industries.

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