Post-Quantum Cryptography Market Rapid Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy OKTA?
Source: Newsfilter
- Market Size Forecast: The post-quantum cryptography market reached $850 million in 2024 and is projected to exceed $10 billion by 2032, growing at a 38% CAGR, indicating a strong market response to quantum computing threats.
- Government Strategy Priority: The White House's March 2026 Cyber Strategy designates post-quantum cryptography as a federal infrastructure priority, underscoring the urgency for enterprises and public sectors to address quantum computing risks.
- Technology Platform Launch: Quantum Secure Encryption Corp. has released the QPA v2 platform, designed to help organizations identify encryption vulnerabilities exposed to quantum computing and develop remediation plans, filling a critical gap in the market for quantum security solutions.
- Customer Base Expansion: Since November 2025, QSE has expanded its operational markets from four to thirteen, demonstrating rapid growth in both commercial and public sectors, further solidifying its market position in post-quantum security.
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Analyst Views on OKTA
Wall Street analysts forecast OKTA stock price to rise
31 Analyst Rating
22 Buy
8 Hold
1 Sell
Moderate Buy
Current: 80.880
Low
75.00
Averages
114.03
High
145.00
Current: 80.880
Low
75.00
Averages
114.03
High
145.00
About OKTA
Okta, Inc. is an independent identity partner. The Company's Okta Platform and Auth0 Platform enable its customers to securely connect the right people to the right technologies and services at the right time. It offers independent and neutral cloud-based identity solutions that allow customers to integrate with nearly any application, service or cloud that they choose through its platforms. Organizations use the Company's platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service applications, on-premises servers, application programming interfaces, IT infrastructure providers, and services from a multitude of devices. Developers leverage its Okta Platform and Auth0 Platform to securely and efficiently embed identity for both human users and, increasingly, AI agents into the software they build. Auth0 for AI Agents enables developers to leverage the Auth0 Platform to secure and scale agentic applications from pilot to production.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Size Projection: The post-quantum cryptography market reached $850 million in 2024 and is projected to exceed $10 billion by 2032, reflecting a robust 38% compound annual growth rate driven by the urgency of quantum computing threats.
- Government Strategy Priority: The White House's March 2026 Cyber Strategy designates post-quantum cryptography as a federal infrastructure priority, underscoring the urgency for enterprises and public sectors to address quantum computing risks.
- Product Launch and Application: Quantum Secure Encryption Corp. has launched the QPA v2 platform, which assists organizations in identifying encryption vulnerabilities and formulating remediation plans, already operational with multiple clients, facilitating proactive responses to quantum risks.
- Market Expansion and Partnerships: Since November 2025, QSE has expanded from four to thirteen operational markets, added eleven value-added distributors, and established connections with the Canadian Association of Defence and Security Industries, enhancing pathways for public sector procurement.
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