Connect with us
European Gaming Congress 2024

Artificial Intelligence

Post-Quantum Cryptography (PQC) Market worth $1,887.9 million by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

post-quantum-cryptography-(pqc)-market-worth-$1,887.9-million-by-2029-–-exclusive-report-by-marketsandmarkets™

DELRAY BEACH, Fla., Sept. 16, 2024 /PRNewswire/ — The Post-Quantum Cryptography (PQC) Market size is estimated to grow from USD 302.5 million in 2024 to USD 1,887.9 million by 2029 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period, according to new research report by MarketsandMarkets™. The critical driver of post-quantum cryptography is the threat that quantum computers would pose against existing cryptographic solutions, like RSA (Rivest-Shamir-Adleman) and ECC (Elliptic curve cryptography), which hold highly sensitive data across sectors.

Browse in-depth TOC on “Post-Quantum Cryptography (PQC) Market”
144 – Tables47 – Figures249 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126986626
Scope of the Report
Report Metrics
Details
Market size available for years
2023–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Million/USD Billion) 
Segments Covered
By Solution, Service, Organization Size, Vertical, Region.
Geographies covered
North America, Europe, Asia Pacific, Rest of the World
Companies covered
Major vendors in the PQC market include NXP Semiconductor (Netherlands), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), QNU Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), and Riscure (Netherlands)
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=126986626
Organizations find it urgent to embrace the early adoption of PQC solutions to protect their data against quantum attacks. The governments of many other countries have also started issuing regulatory mandates, putting billions of dollars into national security and different uses of PQC.
The uptake by industry was first identified in the financial services, healthcare, and technology verticals as quantum threats become more known to the public and demand for PQC increases, supported by education provided by technology providers and cybersecurity experts. As quantum computing develops, the urgency for PQC deployment will only increase, becoming a vital constituent of future cybersecurity strategies.
Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period.
During the forecast period, the PQC market will be dominated by large enterprises that can afford advanced security technologies and the protection of enormous amounts of sensitive data. Government agencies and large corporations drive this adoption to protect critical infrastructure from quantum computing threats by deploying sophisticated cryptographic solutions with their resources and competencies. The BFSI sector, considering the huge volumes of sensitive financial data being handled, is expected to be one of the biggest adopters of PQC.
By Vertical, IT & ITeS segment will grow at the highest CAGR during the forecasted period.
The IT & ITeS sector is expected to be the fastest-growing application in the PQC market since secure data transmission and the protection of sensitive information have huge requirements. Quantum computing poses a high threat to existing encryption methods, and hence, IT companies have rapidly started adopting PQC to secure their communication channels and cloud computing environments.
Additionally, cyber threats are soaring, and protection from such threats is one of the investments that keep going with the investment in quantum resistance encryption for intellectual assets. In addition, the provision of PQC to meet the high-level security standards set by the government keeps on emerging in sectors where IT companies are taking up projects that relate to the government in one way or another.
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=126986626
By region, Europe will grow at the highest CAGR during the forecast period.
The post-quantum cryptography market is expected to be led by Europe, growing at the highest rate, owing to strong government support, increasing concerns about cybersecurity, and a robust R&D ecosystem. The European government now sees cybersecurity as a priority and is channeling funds into PQC solutions.
Besides above, the advanced level of research institutions in this region, coupled with the early rate of adoption of technology, keeps feeding innovation in quantum-resistant cryptography. Key industries, such as critical infrastructure are rushing to implement PQC to protect sensitive data as cyber threats increase. The regulatory standardization process being worked out accelerates the adoption of PQC across Europe and places the region on a high growth track in the forecast period.
Top Key Companies in Post-Quantum Cryptography Market:
NXP Semiconductor (Netherlands), Thales (France), AWS (US), IDEMIA (France), Palo Alto Networks (US), DigiCert (US), Kloch (US), Post-Quantum (UK), PQ Shield (US), Entrust (US), IBM (US), Utimaco (Germany), Crypto Quantique (US), Crypto4A (Canada), CryptoNext (France), Qnu Labs (India), Qrypt (US), Enquantum (Israel), Xiphera (Finland), Sixscape (Singapore), Keyfactor (US), ResQuant (Poland), Rambus (US), Archon (British Virgin Island), Riscure (Netherlands).
Browse Adjacent Markets: Information Security Market Research Reports & Consulting
Related Reports:
Security Testing Market – Global Forecast to 2029
Blockchain Security Market – Global Forecast to 2029
IoT Security Market – Global Forecast to 2029
Penetration Testing as a Service Market – Global Forecast to 2029
Zero Trust Security Market – Global Forecast to 2029
Get access to the latest updates on Post-Quantum Cryptography Companies and Post-Quantum Cryptography Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/post-quantum-cryptography-pqc-market-worth-1-887-9-million-by-2029—exclusive-report-by-marketsandmarkets-302248836.html

Continue Reading
Advertisement

Artificial Intelligence

NordVPN: Website categories employers don’t want you to visit

Published

on

nordvpn:-website-categories-employers-don’t-want-you-to-visit

Cybersecurity experts say that blocking certain websites lowers the risk of cyberattacks and removes distractions
LONDON, Sept. 18, 2024 /PRNewswire/ — According to data collected by a network security NordLayer, developed by the leading cybersecurity company NordVPN, a significant portion of employers (72%) block malicious and adult websites. Malicious websites can pose severe security threats by spreading malware, while adult websites are often restricted due to concerns over inappropriate content and productivity loss. Gambling sites are blocked by 43% of employers, likely due to concerns over addiction and productivity loss.

“In today’s threat landscape, where cyberattacks are becoming increasingly sophisticated, DNS filtering plays a pivotal role in safeguarding sensitive data, maintaining regulatory compliance, and preserving the integrity of organizational networks,” says Ugne Mikalajunaite, Country Manager Taiwan at NordVPN.
Employers seek to maintain a professional work environment
Besides just blocking adult websites, many managers take a step further to maintain a professional work environment. For example, 30% block dating sites, 28% do not allow access to sex education websites, and about 12% of employers even block lingerie sites.
Information or sales related to drugs websites are blocked by 37% of IT managers. Interestingly, 21% of employers block VPN websites, likely to prevent employees from circumventing network restrictions and accessing blocked content, which could pose security risks or productivity concerns.
Employer restriction priorities in different regions 
In Europe, businesses exhibit the greatest inclination to block adult content websites, with 67% of employers imposing such restrictions.
North America prioritizes mitigating security risks by having the highest percentage (70%) of employers blocking access to malware websites. Asia stands out with a distinct emphasis on curbing access to illegal or unethical content, as evidenced by 73% of employers restricting websites within this category.
Intriguingly, Asian businesses demonstrate a stricter approach towards gambling and gaming websites compared to their European and North American counterparts. While 64% of Asian employers block gambling sites, the figures stand at 37% and 38% for Europe and North America, respectively. Similarly, 36% of Asian organizations restrict access to gaming websites, contrasting with considerably lower rates of 9% in Europe and 20% in North America.
Another noteworthy regional disparity lies in the treatment of dating websites. European and North American employers exhibit relatively comparable stances, with 25% and 28% blocking this category, respectively. However, Asian businesses adopt a more restrictive policy, with 45% of employers denying access to dating sites.

View original content:https://www.prnewswire.co.uk/news-releases/nordvpn-website-categories-employers-dont-want-you-to-visit-302251846.html

Continue Reading

Artificial Intelligence

Apt.Residential Selects Yardi’s Technology to Support BTR Projects

Published

on

apt.residential-selects-yardi’s-technology-to-support-btr-projects

Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting
SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.

With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.
“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”
“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”
See how Yardi’s end-to-end technology can help drive your digitalisation strategies.
About Apt.ResidentialApt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.
Photo – https://mma.prnewswire.com/media/2508843/Yardi_AptResidential.jpgLogo – https://mma.prnewswire.com/media/737275/Yardi_Logo.jpg
 
 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/aptresidential-selects-yardis-technology-to-support-btr-projects-302252015.html

Continue Reading

Artificial Intelligence

EQT to sell Open Systems, a Swiss leader in network and cyber security solutions, to Swiss Post

Published

on

eqt-to-sell-open-systems,-a-swiss-leader-in-network-and-cyber-security-solutions,-to-swiss-post

EQT Private Equity, together with its co-shareholders, to sell Open Systems to Swiss PostUnder EQT’s ownership, Open Systems transformed from a founder-led managed security services provider to a leading integrated network and cyber security companySince EQT’s acquisition in 2017, Open Systems has almost doubled its revenues and more than tripled its EBITDA, while significantly expanding its product offering to support customers on their network transformation and cybersecurity journeySTOCKHOLM, Sept. 18, 2024 /PRNewswire/ — EQT is pleased to announce that the EQT Mid Market Europe fund (“EQT”), together with its co-shareholders, have agreed to sell Open Systems (“Company”) to Swiss Post.

Headquartered in Zurich, Switzerland, Open Systems delivers network and cyber security capabilities in a single cloud-based platform known as Secure Access Service Edge (SASE). Open Systems’ innovative SASE Experience eliminates the complexity of secure global connectivity and network management, while providing seamless global 24×7 support. The Company plays a pivotal role in supporting customers globally in their network and cyber security transformation by offering a fully integrated, single-pane-of-glass cloud and software platform and supporting services.
EQT acquired a majority stake in Open Systems in 2017. During EQT’s ownership, the Company almost doubled its sales and more than tripled its EBITDA, while making substantial investments into its technology platform and transforming from a network-focused managed security services provider to a leading SASE player with extensive cyber security capabilities. Open Systems also built a Managed Extended Detection and Response (MXDR) division, which was carved out in 2023 and now operates as a standalone company under the brand Ontinue, which will be retained by EQT. Organic growth was complemented by three strategic add-on acquisitions, including Sqooba, a Swiss provider of data science, AI, cloud, and cyber services founded by the current Open Systems CEO Daniel Neuhaus.
As part of Swiss Post, Open Systems will continue its growth journey under the leadership of Daniel Neuhaus. With the acquisition, Swiss Post strengthens its role as provider of digital communication services by increasing its competences and know-how to support digitally connected businesses in Switzerland.
Daniel Neuhaus, CEO of Open Systems: “I would like to thank EQT for their support over the years and their hands-on involvement in our development. Swiss Post’s investment is a validation of our long-term strategy to become a leading SASE software provider with the best customer experience. With Swiss Post, we have found a sustainable partner in Switzerland who shares our values and will support us in continuously delivering best-in-class technology and services to our customers while continuing to drive innovation.”
Philipp Woerner, Director within EQT Private Equity’s Advisory Team: “We have been continuously impressed by Open Systems’ track record of technological innovation in the network and cyber security space. Thanks to the dedication and commitment of the management team led by Daniel, Open Systems delivers attractive technology and services from Switzerland to its customers globally. We could not have imagined a better future home for Open Systems than Swiss Post to support continuing the strong development.”
Nicole Burth, CEO of Swiss Post Communication Services, said: “Open Systems strongly complements our existing offerings in the area of cybersecurity. The Company is an excellent cultural fit and supports our strategy to bring cybersecurity to our Swiss customers. This makes the network and communication of businesses more efficient and secures it with the unique cloud security solutions Open Systems provides.”
The completion of this transaction is pending customary regulatory approvals and is anticipated to take place in Q4 2024.
ContactEQT Press Office, [email protected]
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/eqt-to-sell-open-systems–a-swiss-leader-in-network-and-cyber-security-solutions–to-swiss-post,c4039258
The following files are available for download:
https://mb.cision.com/Main/87/4039258/3007372.pdf
PR_EQT to sell Open Systems_18.09.24
https://news.cision.com/eqt/i/os-picture-1,c3334920
OS Picture 1

View original content:https://www.prnewswire.co.uk/news-releases/eqt-to-sell-open-systems-a-swiss-leader-in-network-and-cyber-security-solutions-to-swiss-post-302252201.html

Continue Reading

Trending