Juniper Research’s recent study by global tech strategists projected the post-quantum cryptography market to grow from $1.2 billion in 2026 to $13 billion in 2035.
With a high CAGR of 30%, one of the factors of its rapid growth is the rapid evolution of standards and regulations designed to prepare for ‘Q-Day’ or the point at which quantum computers can compromise today’s encryption.
Another factor is the sustained R&D investment that is accelerating algorithm maturity through rigorous, real-world testing.
“Many businesses still underestimate the risk of quantum-enabled attacks; making clearer, more accessible education critical to securing internal buy-in,” Louis Atkin, research analyst at Juniper Research, said.
Maintaining security
According to the research, effective adoption of post-quantum cryptography necessitates global collaboration among organisationsorganisations, as this area relies heavily on interoperability across infrastructures. Multiple systems must work together seamlessly across borders.
“Many countries have accepted NIST’s standardised algorithms as the de facto quantum-safe option, even in nations with limited understanding of the quantum landscape. It is vital this continues and that different sectors consider how their systems interoperate when implementing quantum-safe solutions,” said Atkin.
