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Quantum-safe encryption market set to grow nearly sevenfold by 2030 amid rising cyber threats and tech advances.

Market News
25 Sep 2026
PRNewsWire
View Source
Bullish
Quantum-safe encryption market set to grow nearly sevenfold by 2030 amid rising cyber threats and tech advances.

The global post-quantum cryptography market, valued at around $299 million in 2024, is projected to reach nearly $2 billion by 2030 due to increasing risks of quantum-enabled cyberattacks and regulatory mandates. Key companies like IonQ, Hewlett Packard Enterprise, and Arqit Quantum are advancing quantum computing and encryption technologies, with recent breakthroughs in error correction and secure communications. Governments in North America and Europe are pushing for migration to quantum-safe encryption standards, turning research into compliance and procurement efforts. This growth reflects the urgent need to protect sensitive data from future quantum computer threats while developing quantum computing infrastructure.

Hewlett Packard Enterprise leads with a market cap of $84.32 billion and a dividend yield of 0.9%, showing strong investor interest with 76% buy orders on Pluang as of Sep 25, 2026 19:31 WIB. IonQ, valued at $18.22 billion, has a high trading volume of over 42 million shares but sees more selling activity at 69% sell orders. Arqit Quantum, the smallest with a market cap of $392.60 million, maintains full buy-side interest on the platform. These dynamics highlight varied investor sentiment in the quantum technology sector amid growing focus on post-quantum cryptography.

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