The Europe Quantum-resistant Cryptography Solutions Market would witness market growth of 30.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Quantum-resistant Cryptography Solutions Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $273.6 million by 2031. The UK market is exhibiting a CAGR of 30% during (2024 - 2031). Additionally, The France market would experience a CAGR of 31.9% during (2024 - 2031).
The demand for secure, scalable cryptographic solutions has intensified as industries embrace digital transformation and the Internet of Things (IoT). IoT connects many devices across healthcare, manufacturing, and energy sectors, enabling seamless data flow and operational efficiency. However, these interconnected systems are vulnerable to cyber threats, particularly with the looming potential of quantum computing.
Additionally, traditional encryption methods may be unable to protect IoT devices from quantum-powered attacks, making quantum-resistant cryptography essential. Quantum-safe solutions are being developed to secure real-time data exchanges across IoT ecosystems, ensuring data integrity and privacy even as cyber threats grow more sophisticated.
In the United Kingdom, demand for quantum-resistant cryptography is bolstered by the government's goal of leading in quantum and AI technologies. The National Quantum Technologies Programme, a £1 billion initiative, aims to advance quantum computing, sensing, and communication technologies, focusing critically on quantum-safe cryptography. This program includes the creation of Quantum Computing Hubs at leading universities like Oxford, Cambridge, and Edinburgh, where research into quantum-resistant encryption is actively underway.
Free Valuable Insights: The Global Quantum-resistant Cryptography Solutions Market will Hit USD 4.1 Billion by 2031, at a CAGR of 31.4%
Based on Type, the market is segmented into Software, Hardware, and Services. Based on Application, the market is segmented into Network Security, Cloud Security, Database Security, and Application Security. Based on End User, the market is segmented into Healthcare, Government & Defense, BFSI, IT & Telecom, Retail & E-commerce, and Other End Users. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Toshiba Corporation
- QuintessenceLabs Pty. Ltd.
- Infineon Technologies AG
- Qrypt Inc.
- IBM Corporation
- ID Quantique SA
- QuantumCTek Co., Ltd.
- QNu Labs Pvt. Ltd.
- Agnostiq, Inc.
- NEC Corporation
Europe Quantum-resistant Cryptography Solutions Market Report Segmentation
By Type
- Software
- Hardware
- Services
By Application
- Network Security
- Cloud Security
- Database Security
- Application Security
By End User
- Healthcare
- Government & Defense
- BFSI
- IT & Telecom
- Retail & E-commerce
- Other End Users
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 2 Europe Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 3 Europe Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 4 Europe Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 5 Europe Software Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Software Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Hardware Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Hardware Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 12 Europe Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 13 Europe Network Security Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Network Security Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Cloud Security Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Cloud Security Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Database Security Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Database Security Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Application Security Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Application Security Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 22 Europe Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 23 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Government & Defense Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Government & Defense Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 33 Europe Other End Users Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Other End Users Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Quantum-resistant Cryptography Solutions Market by Country, 2020 - 2023, USD Million
TABLE 36 Europe Quantum-resistant Cryptography Solutions Market by Country, 2024 - 2031, USD Million
TABLE 37 Germany Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 38 Germany Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 39 Germany Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 40 Germany Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 41 Germany Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 42 Germany Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 43 Germany Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 44 Germany Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 45 UK Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 46 UK Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 47 UK Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 48 UK Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 49 UK Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 50 UK Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 51 UK Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 52 UK Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 53 France Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 54 France Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 55 France Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 56 France Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 57 France Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 58 France Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 59 France Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 60 France Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 61 Russia Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 62 Russia Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 63 Russia Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 64 Russia Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 65 Russia Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 66 Russia Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 67 Russia Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 68 Russia Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 69 Spain Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 70 Spain Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 71 Spain Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 72 Spain Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 73 Spain Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 74 Spain Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 75 Spain Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 76 Spain Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 77 Italy Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 78 Italy Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 79 Italy Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 80 Italy Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 81 Italy Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 82 Italy Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 83 Italy Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 84 Italy Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 85 Rest of Europe Quantum-resistant Cryptography Solutions Market, 2020 - 2023, USD Million
TABLE 86 Rest of Europe Quantum-resistant Cryptography Solutions Market, 2024 - 2031, USD Million
TABLE 87 Rest of Europe Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2023, USD Million
TABLE 88 Rest of Europe Quantum-resistant Cryptography Solutions Market by Type, 2024 - 2031, USD Million
TABLE 89 Rest of Europe Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2023, USD Million
TABLE 90 Rest of Europe Quantum-resistant Cryptography Solutions Market by Application, 2024 - 2031, USD Million
TABLE 91 Rest of Europe Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2023, USD Million
TABLE 92 Rest of Europe Quantum-resistant Cryptography Solutions Market by End User, 2024 - 2031, USD Million
TABLE 93 Key Information – Toshiba Corporation
TABLE 94 Key Information – QuintessenceLabs Pty. Ltd.
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Qrypt Inc.
TABLE 97 Key Information – IBM Corporation
TABLE 98 Key Information – ID Quantique SA
TABLE 99 Key Information – QuantumCTek Co., Ltd.
TABLE 100 Key Information – QNu Labs Pvt. Ltd.
TABLE 101 Key Information – Agnostiq, Inc.
TABLE 102 KEY INFORMATION – NEC Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Quantum-resistant Cryptography Solutions Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Quantum-resistant Cryptography Solutions Market
FIG 4 Porter’s Five Forces Analysis – Quantum-resistant Cryptography Solutions Market
FIG 5 Europe Quantum-resistant Cryptography Solutions Market share by Type, 2023
FIG 6 Europe Quantum-resistant Cryptography Solutions Market share by Type, 2031
FIG 7 Europe Quantum-resistant Cryptography Solutions Market by Type, 2020 - 2031, USD Million
FIG 8 Europe Quantum-resistant Cryptography Solutions Market share by Application, 2023
FIG 9 Europe Quantum-resistant Cryptography Solutions Market share by Application, 2031
FIG 10 Europe Quantum-resistant Cryptography Solutions Market by Application, 2020 - 2031, USD Million
FIG 11 Europe Quantum-resistant Cryptography Solutions Market share by End User, 2023
FIG 12 Europe Quantum-resistant Cryptography Solutions Market share by End User, 2031
FIG 13 Europe Quantum-resistant Cryptography Solutions Market by End User, 2020 - 2031, USD Million
FIG 14 Europe Quantum-resistant Cryptography Solutions Market share by Country, 2023
FIG 15 Europe Quantum-resistant Cryptography Solutions Market share by Country, 2031
FIG 16 Europe Quantum-resistant Cryptography Solutions Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Toshiba International Corporation
FIG 18 SWOT Analysis: Infineon Technologies AG
FIG 19 Swot Analysis: Qrypt Inc.
FIG 20 SWOT Analysis: IBM Corporation
FIG 21 SWOT Analysis: NEC Corporation