MarketsandMarkets’ 360Quadrants Names PQShield Among Top Companies to Watch in Post-Quantum Cryptography

Post-quantum cryptography (PQC) is rapidly emerging as a crucial component of modern cybersecurity, particularly as quantum computing advances towards real-world applications. Experts believe that powerful quantum machines will soon be able to crack traditional encryption methods (such as RSA and ECC), leading to an urgent need for quantum resistance.

This change is drawing global attention to PQC standards, especially those developed through initiatives such as NIST’s post-quantum cryptographic algorithm selection. Organizations are increasingly concerned about long-term data security, particularly due to the ‘Harvest Now, Decrypt Later’ (HNDL) threat, where attackers steal encrypted data today, in order to decrypt it once quantum computers are sufficiently capable. Despite growing awareness, many organizations still lack visibility of  their cryptographic assets, making migration a daunting prospect.

360Quadrants, powered by MarketsandMarketsTM, evaluated several startups in their assessment of the ‘Post-Quantum Cryptography Startups and SMEs Report, 2025’. The evaluation covered over 190 companies, with the top 21 categorized and recognized as quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, demand channels, and sales strategies were analyzed to determine each company’s position in the quadrant. The main criteria for assessing product footprints are included:

• Offering (Solutions, Services)
• Organization (Large Enterprises, SMEs)
• Vertical (IT & ITES, BFSI, Retail & E-commerce, Healthcare, Government & Defense, Other Verticals)

PQShield is a leading cybersecurity company that specializes in post-quantum cryptography, providing quantum-safe cryptographic solutions for hardware, software and cloud-based platforms. Their team of expert cryptographers co-authored the PQC standards and have implemented real-world solutions to help organizations move away from vulnerable legacy cryptography.

With its ‘UltraPQ’ product suite - built for secure boot, hardware IP, embedded libraries, and PQC-first root-of-trust systems, PQShield aims for quantum resilience across the entire supply chain. Supported by substantial investments and international partnerships (including with major companies like AMD, Microchip, and leading governments), PQShield is at the forefront of quantum-security, providing practical and scalable solutions to the global supply chain.

PQShield’s strategic approach can be inferred from the following fundamental pillars:

• Deep Cryptographic Research & Standards Leadership

PQShield’s strategy is based on advanced cryptographic research, with its team of experts contributing directly to global post-quantum standards, such as the NIST PQC algorithms. World-class research ensures the company remains at the forefront of quantum-safe innovation and shapes the security protocols industries will adopt in the coming decade.

• End-to-End Quantum-Safe Product Portfolio

The company offers a comprehensive suite of quantum-resistant solutions - including hardware IP cores, quantum secure boot, embedded cryptographic libraries, and software applications. This wide approach enables organizations to implement PQC across devices, applications, and infrastructure with seamless integration.

• Future-Proof Security & Smooth Migration

PQShield focuses on a smooth transition from traditional cryptography to PQC without operational disruption. Its solutions are designed to be backward-compatible, scalable, and optimized for performance, helping enterprises secure long-term data against quantum threats, including ‘Harvest Now, Decrypt Later’.

• Strong Global Partnerships & Ecosystem Expansion

Collaborations with semiconductor manufacturers, government agencies, research bodies, and major technology vendors strengthen PQShield’s ecosystem. These partnerships help accelerate the widespread adoption of quantum-safe technologies and extend the company’s global market presence.

• Focus on High Assurance, Real-World Implementations

PQShield emphasizes robust, certified, and production-ready implementations designed for sectors such as finance, defense, telecom, and IoT. Its solutions are built to meet rigorous security standards, making them suitable for mission-critical environments where long-term data protection is essential.

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Visit https://www.360quadrants.com to access our interactive quadrants.

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