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Key Trends Reshaping the Quantum-Resistant Network Intrusion Prevention Market: Post-Quantum Cryptography Algorithms Enable Adaptive And Long-Term Device Security Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Quantum-Resistant Network Intrusion Prevention Industry Market Size Be by 2025?
The market for quantum-resistant network intrusion prevention has been experiencing significant expansion in the past few years. The market valuation is forecasted to increase from $1.51 billion in 2024 to $2.04 billion in 2025, indicating a compound annual growth rate (CAGR) of 34.8%. The historical growth of this market can be credited to factors such as increased incidents of cyberattacks, a growing dependency on digital infrastructure, elevated risks of quantum-level cyberattacks, heightened worry about quantum computing threats, and a surge in the use of digital banking platforms.
What's the Long-Term Growth Forecast for the Quantum-Resistant Network Intrusion Prevention Market Size Through 2029?
The market size of the quantum-resistant network intrusion prevention is projected to experience significant expansion in the upcoming years. It is anticipated to reach a value of $6.67 billion in 2029 with a CAGR of 34.5%. This prospective growth during the forecasted timeline is associated with an increased use of post-quantum cryptographic algorithms, the expanding incorporation of quantum-resistant encryption techniques, an escalating demand for quantum-safe network security solutions, progressing cybersecurity laws, and the increasing availability of cloud-based solutions. A few principal trends expected to emerge during the forecast period are the growth of hybrid classical-quantum encryption models, inclusion of adaptive threat response systems, persistent innovation in cryptographic study, the invention of effective quantum algorithms, and advancements in secure communication networks.
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What Are the Key Growth Drivers Fueling the Quantum-Resistant Network Intrusion Prevention Market Expansion?
The surge in cyberattacks is propelling the expansion of the market as there's a growing demand for adaptive, long-term cybersecurity solutions.
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What Are the Key Trends Driving Quantum-Resistant Network Intrusion Prevention Market Growth?
Key players in the quantum-resistant network intrusion prevention market are emphasizing on incorporating cutting-edge solutions, such as post-quantum cryptography algorithms, for evolving long-term network security. These advanced algorithms are encryption techniques built to withstand quantum computer attacks, thereby safeguarding data and messages against quantum computing potential to breach regular cryptographic systems. For example, Kudelski IoT, a digital security and technology company from Switzerland, unveiled a quantum-resistant security IP in November 2024, aimed at safeguarding semiconductors from emerging quantum risks. This inventive solution implements post-quantum cryptography algorithms in semiconductor layouts, preparing devices to defend against current and future quantum-centered cyber threats. The IP core manages secure key transactions and data encryption for connected devices, making it a strong contender for usage in sectors such as automotive, industrial IoT, and other sectors inclined towards high-security.
How Is the Quantum-Resistant Network Intrusion Prevention Market Segmented?
The quantum-resistant network intrusion prevention market covered in this report is segmented
1) By Component: Hardware, Software, Services
2) By Deployment Mode: On-Premises, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Banking, Financial Services, And Insurance (BFSI), Government And Defense, Healthcare, Information Technology And Telecommunications, Energy And Utilities, Other Applications
Subsegments:
1) By Hardware: Quantum-Resilient Firewalls, Secure Routers And Gateways, Specialized Intrusion Prevention Appliances
2) By Software: Post-Quantum Encryption Algorithms, Network Monitoring And Analytics Tools, Artificial Intelligence-Based Threat Detection Platforms
3) By Services: Managed Security Services, Integration And Deployment, Post-Quantum Cryptography Consulting
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Which Companies Are Leading the Charge in Quantum-Resistant Network Intrusion Prevention Market Innovation?
Major companies operating in the quantum-resistant network intrusion prevention market are accenture* plc, International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Toshiba Corporation, Thales S.A., Palo Alto Networks Inc., Fortinet Inc., Kudelski IoT S.A., DigiCert Inc., ADTRAN Inc., QNu Labs Private Limited, PQShield Ltd., QuintessenceLabs Pty Ltd., MagiQ Technologies Inc., Qrypt Inc., EvolutionQ Inc., CryptoNext Security SAS, QuSecure Inc., VeriQloud SAS, and Quantum Xchange Inc.
Which Regions Are Leading the Global Quantum-Resistant Network Intrusion Prevention Market in Revenue?
North America was the largest region in the quantum-resistant network intrusion prevention market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in quantum-resistant network intrusion prevention report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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