DUBLIN–(BUSINESS WIRE)–The “Post-Quantum Cryptography 2023: Market Opportunities After NIST” report has been added to ResearchAndMarkets.com’s offering.
The day when commonly used encryption schemes will be breakable by quantum computers is drawing closer. It may be just three-to-five years away if some of the vendor roadmaps are to be believed. NIST’s pronouncements on standards in 2022 provide stability to the PQC market.
In addition to NIST activity, this report analyzes the activities of several other standards organizations and industry groups whose work will be a crucial role in the implementation and roll-out of PQC.
Based on the current PQC business environment this report provides ten-year forecasts of PQC software, hardware (chips and HSMs) and services. These forecasts are broken out by key applications sectors such as financial services, cryptocurrencies, automotive, healthcare, 5G/6G, IoT, tape drives, and disaster recovery, as well as police, military and intelligence applications. It also examines the motivation for companies and other organizations to adopt PQC. The forecasts are supplied to purchasers of the report in a separate Excel sheet.
Key Market Highlights
- By 2032 the largest expenditures for PQC products and services will come from PQC services ($2.7 billion), and Web browsers (just over $1 billion) with disaster recovery applications lagging just behind Web browsers. While, one-day PQC algorithms will one day replace the current generation of encryption algorithms, it will be many years before a full transition to PQC occurs.
- The types of PQC products available now are limited – typically libraries, firmware updates, hardware modules, and a few services providing simple quantum-safe security. With NIST growing close to finalizing PQC standards, PQC products on the market will become more diverse and niche-specific, driving the need for specialized advice and services from cybersecurity firms. For example, several PQC firms are already beginning to develop products for the Internet-of-Things (IoT) which is an area where there is weak cybersecurity at present.
- Another area that is interesting for novel PQC products is factories. While manufacturing industries are not often the target of cyberattacks, this is changing. Some designs and plans (such as for next-generation aircraft, automobiles, etc.) have very long shelf lives. Driven further by Industry 4.0 considerations at the end of the decade, machine tools will see a significant embedding of PQC capabilities.
Report Scope:
The report takes into account the impact of COVID and current economic conditions on the addressable market for PQC products. Its forecasting model embeds a new and more sophisticated view of PQC shipments than previous reports.
The products considered in this report comprise crypto libraries, specialized PQC software and firmware, PQC-enabled browsers, PQC chips, as well PQC-enabled HSMs and tape drive. The report provides coverage of PQC-related services such as PQC clouds, PQC VPNs and PQC-as-a service.
The report also includes granular ten-year forecasts of critical end-user groups for tape drives, disaster recovery facilities, Web browsers, 5G/6G, IoT, financial services, healthcare, the military, police and intelligence communities, machine tools and the cybersecurity industry.
The report also includes profiles of approximately 30 key players:
- Amazon Web Services (AWS)
- Cisco Systems
- Cloudfare
- 01 Communique
- Cryptosense
- Crypto4A Technologies
- CryptoNext Security
- Crypto Quantique
- Envieta Systems
- evolutionQ
- IBM Research
- Infineon
- InfoSec Global
- ISARA
- KETS
- Microsoft
- Post-Quantum
- PQSecure
- PQShield
- Qualcomm
- Qasky
- Quantropi
- Quantum Blockchain
- Rambus
- Thales
- Utimaco (Germany)
- Quantum Dice
- Samsung SDS
- Sandbox AQ
- Starkware
- VMware
Key Topics Covered:
Report Introduction and Summary
E.1 When will the quantum apocalypse arrive?
E.1.1 The Z Date and Y2Q
E.1.2 Hack now, decrypt later
E.2 Post-quantum cryptography after the 2022 NIST pronouncements
E.3 The future of PQC markets and supply chains
Chapter One: PQC: Emerging Standards and Regulation
1.1 PQC role in the future of quantum cybersecurity
1.2 NIST’s 2022 announcements and their implications
1.2.1 Key agreements and digital signatures
1.2.2 CRYSTALS-KYBER
1.2.3 CRYSTALs-Dilthium
1.2.4 Falcon
1.2.5 SPHINCS
1.2.6 Fourth round: BIKE, Classic McEliece, HQC and SIKE
1.3 Roadmap for future work to be done by NIST
1.4 Other standards efforts
1.4.1 Institute of Electrical and Electronics Engineers (IEEE)
1.4.2 ANSI Accredited Standards Committee X9
1.5 Policy and regulatory considerations in the US
1.5.1 2022 US National Security Memorandum on “Vulnerable Cryptographic Systems”
1.5.2 Quantum Computing Cybersecurity Preparedness Act
1.5.3 PQC and the Biden National Cybersecurity Strategy for US
1.5.4 PQC and the National Security Agency
1.5.5 U.S. Department of Homeland Security (DHS)
1.6 International Activity
1.6.1 International Telecommunications Union (ITU)
1.6.2 Internet Engineering Task Force (IETF)
1.6.3 Cloud Security Alliance
1.6.4 European Telecommunications Standards Institute (ETSI)
1.6.5 Open Quantum Safe
Chapter Two: PQC: Products and Services
2.1 PQC software
2.2 PQC chips
2.3 PQC and hardware security modules (HSMs)
2.4 Service offerings: PQC as a service
Chapter Three: Markets for PQC Products and Services
3.1 Notes on market forecast methodology
3.2 Financial services
3.2.1 Financial records management
3.2.2 Credit cards and PQC
3.2.3 Cryptocurrencies and Blockchain
3.3 Automotive
3.4 Healthcare: Healthcare records
3.5 Telecom: 5G/6G, IoT and PQC
3.6 IT Applications
3.6.1 Magnetic tape drives
3.6.2 Remote disaster recovery
3.7 Military, police and intelligence applications
3.8 Manufacturing Industries
Chapter Four: Post-Quantum Encryption Companies – Products, Strategy, and Competitive Analysis
For more information about this report visit https://www.researchandmarkets.com/r/bp9xvd
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
