Quantum Security Spending Will Exceed 5% of IT Security Budgets in 2026
Quantum security spending will exceed 5% of IT security budgets in 2026 as NIST mandates RSA/ECC deprecation by 2030 and harvest-now-decrypt-later threats make the quantum risk active today. NIST finalized three PQC standards in August 2024. The encryption market doubles to $2.04B by 2029. AWS, Microsoft, and Google already deploy hybrid PQC protection. The post-quantum cryptography market is projected to reach $17.69B by 2034.