Looming Quantum Threat as PQC Market Expands

As quantum computing advances, the post-quantum cryptography (PQC) market is poised for rapid expansion. According to a recent Juniper Research study, the global PQC market is projected to grow from $... Read original →

The looming practicality of quantum computing is forcing a wholesale overhaul of cryptographic infrastructure. Technically, NIST-standardized algorithms like ML-KEM and CRYSTALS-Dilithium will reshape the entire stack—from secure elements (e.g., NXP’s EdgeLock) to cloud services—accelerating integration with RISC-V security extensions and hardware roots of trust. On compliance, regulations like EU NIS2 and U.S. SEC mandates now require PQC readiness disclosures; delay risks not just data breaches but supply chain exclusion—e.g., automotive or medtech firms barred from markets due to non-compliant encryption. In market dynamics, IDMs like Infineon and STMicroelectronics are embedding PQC IP cores, while firms in Taiwan, China and mainland China leverage hybrid cryptography to dominate IoT entry points. Over the next 18 months, the true long-tail impact will be on data lifecycle policies: organizations must shorten retention windows and redesign backups, as 'harvest now, decrypt later' renders static encryption obsolete.