Post Quantum Cryptography Review: Quantum-Safe Evolution, Applications and Global Market Surge
Post Quantum Cryptography Review: Quantum-Safe Evolution, Applications and Global Market Surge
V. Gujar
2025 · DOI: 10.22214/ijraset.2025.75045
International Journal for Research in Applied Science and Engineering Technology · 0 Citations
TLDR
This review article traces cryptography's evolution from ancient ciphers to NIST's 2025 standards, detailing quantum-resistant algorithms like ML-KEM and ML-DSA that counter Shor's algorithm vulnerabilities.
Abstract
In the wake of accelerating quantum computing threats, Post-Quantum Cryptography (PQC) emerges as a vital shield
for global data security, that will poised to revolutionize industries by 2030. This review article traces cryptography's evolutionfrom ancient ciphers to NIST's 2025 standards, detailing quantum-resistant algorithms like ML-KEM and ML-DSA that counterShor's algorithm vulnerabilities. Potential real-world applications in finance, healthcare, cloud computing and beyond, ithighlights PQC's role in safeguarding sensitive transactions, patient records and IoT networks amid projections of Q-Day asearly as 2029. With the PQC market surging from 0.42billionin2025topotentially29.95 billion by 2034, driven by regulatorymandates and innovation, the paper underscores India's GCCs as quantum-ready hubs unlocking trillions in value throughstrategic adoption. Also,as data Centres are projected to grow to $100B by 2027, needs immediate migration to avert catastrophicbreaches, this article equips stakeholders to strategise the quantum era's challenges and opportunities.