Cryptography Market Forecast 2025-2030: Blockchain, Iot, And Zero-Trust Drive Adoption

(MENAFN- GlobeNewsWire - Nasdaq) Opportunities in the cryptography market include aligning advanced encryption and key management with rising digital security needs, regulatory compliance, and operational resilience. Rapid adoption is driven by quantum computing, AI, and sectoral demands in banking, healthcare, and government, alongside growing blockchain use.

Dublin, Sept. 12, 2025 (GLOBE NEWSWIRE) -- The "Cryptography Market - Global Forecast to 2030" report has been added to ResearchAndMarkets's offering.

The Cryptography Market grew from USD 11.40 billion in 2024 to USD 13.16 billion in 2025. It is expected to continue growing at a CAGR of 15.78%, reaching USD 27.48 billion by 2030.

This growth reflects heightened investment in encryption technologies and key management systems as businesses respond to evolving cyber risks and global data protection mandates. The market's upward trajectory is shaped by new regulatory requirements, digital transformation initiatives, and the proliferation of connected devices.

Scope & Segmentation

This report provides an in-depth analysis of the cryptography market, focusing on key segments, technologies in play, and regional adoption patterns.

• Offering: Hardware, services, and software designed for secure encryption and data management across enterprise environments.
• Type: Asymmetric key cryptography, hash functions, and symmetric key cryptography deployed for secure communication, digital identification, and data protection.
• Application: Blockchain and distributed ledger platforms, digital transaction security, non-repudiation systems, secure voting, communication protocols, and IoT device protection.
• End-user: Banking, financial services and insurance, defense and aerospace, energy, government, healthcare, IT and telecom, manufacturing, media, retail, and transportation sectors.
• Enterprise Size: Large enterprises and small to medium-sized enterprises integrating tailored or modular cryptographic solutions.
• Region: Americas (notably United States, Canada, and Brazil), Europe, Middle East and Africa (including the United Kingdom, Germany, and Gulf states), and Asia-Pacific (with growth in China, Japan, India, and Southeast Asian countries).
• Profiles Analyzed: Major vendors span a mix of established firms and emerging specialists including Accenture PLC, Amazon Web Services, Cisco, Google, IBM, Microsoft, Palo Alto Networks, Thales Group, and Toshiba Corporation, among others.

Key Takeaways for Senior Decision-Makers

• Quantum computing and artificial intelligence are notably accelerating shifts in cryptographic standards, prompting organizations to reassess long-term security strategies.
• Integration of cryptography with zero-trust architectures and cloud-native infrastructures is driving operational change and simplifying compliance with industry mandates.
• Rapid adoption in banking, healthcare, and government indicates these sectors are prioritizing digital identity, compliance, and data integrity.
• Expansion of blockchain and distributed ledger implementations is influencing cryptography demand, particularly for secure and transparent transaction ecosystems.
• Large enterprises continue to lead comprehensive deployments, while small and mid-sized organizations are increasingly utilizing modular and managed cryptography services.

Tariff Impact: Responding to New Market Pressures

United States tariffs enacted in 2025 have increased procurement costs for encryption-related hardware and software. This has led companies to explore domestic sourcing, consolidate procurement, and rethink supply chains to balance costs while maintaining high standards for data security and compliance. As a result, interest in subscription-based cryptography services and cloud-native software has increased, fostering market resilience despite short-term price pressures.

Cryptography Market: Why This Report Matters

• Enables informed decision-making on future-proofing organizational security with actionable insights on cryptography investments and trends.
• Supports strategic planning by illuminating disruptive technologies, regulatory pressures, and nuanced market segmentation across industries and regions.
• Equips teams to benchmark vendor capabilities, assess competitive positioning, and align internal roadmaps with emerging global market standards.

The cryptography market is being redefined by innovation and evolving threat landscapes. Industry leaders who act on structured, future-focused strategies will ensure organizational resilience, foster secure digital transformation, and maintain competitive relevance as cryptography standards shift worldwide.

Key Attributes:

Report Attribute	Details
No. of Pages	187
Forecast Period	2025 - 2030
Estimated Market Value (USD) in 2025	$13.16 Billion
Forecasted Market Value (USD) by 2030	$27.48 Billion
Compound Annual Growth Rate	15.7%
Regions Covered	Global

Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Market Sizing & Forecasting
5. Market Dynamics

6. Market Insights
6.1. Porter's Five Forces Analysis
6.2. PESTLE Analysis
7. Cumulative Impact of United States Tariffs 2025

8. Cryptography Market, by Offering
8.1. Introduction
8.2. Hardware
8.3. Services
8.4. Software
9. Cryptography Market, by Type
9.1. Introduction
9.2. Asymmetric Key Cryptography
9.2.1. Diffie-Hellman and Key Exchange Algorithm (KEA)
9.2.2. Digital Signature Algorithm (DSA)
9.2.3. Elliptic Curve Cryptography (ECC)
9.2.4. Rivest Shamir Adleman (RSA)
9.3. Hash Function
9.3.1. MD Family
9.3.2. SHA Family
9.4. Symmetric Key Cryptography
9.4.1. Advanced Encryption Standard (AES)
9.4.2. Data Encryption Standard (DES)
9.4.3. International Data Encryption Algorithm (IDEA)
9.4.4. Triple Data Encryption Standard (Triple DES)
10. Cryptography Market, by Application
10.1. Introduction
10.2. Blockchain & Distributed Ledger Technologies
10.3. Digital Payment & Transaction Security
10.4. Digital Signature & Non-Repudiation Systems
10.5. E-Governance & Secure Voting Systems
10.6. Secure Communication Protocols
10.7. Secure IoT & Embedded-Device Security
11. Cryptography Market, by End-user
11.1. Introduction
11.2. Banking, Financial Services, Insurance (BFSI)
11.3. Defense & Aerospace
11.4. Energy & Utilities
11.5. Government & Public Sector
11.6. Healthcare
11.7. IT & Telecom
11.8. Manufacturing
11.9. Media & Entertainment
11.10. Retail & E-commerce
11.11. Transportation & Logistics
12. Cryptography Market, by Enterprise Size
12.1. Introduction
12.2. Large Enterprises
12.3. Small & Medium Enterprises (SMEs)
13. Americas Cryptography Market
14. Europe, Middle East & Africa Cryptography Market
15. Asia-Pacific Cryptography Market
16. Competitive Landscape
16.1. Market Share Analysis, 2024
16.2. FPNV Positioning Matrix, 2024
16.3. Competitive Analysis

• Accenture
• Amazon Web Services, Inc.
• AO Kaspersky Lab
• BlackBerry Limited
• Broadcom Inc.
• Cisco Systems, Inc.
• Cloudflare, Inc.
• CryptoNext, inc.
• Duality Technologies Inc.
• Fortinet, Inc.
• Google LLC by Alphabet, Inc.
• Hewlett-Packard Development Company, L.P.
• Intel Corporation
• International Business Machines Corporation
• ISARA Corporation
• Kets Quantum Security Ltd
• MagiQ Technologies, Inc.
• McAfee
• Microsoft Corporation
• NEC Corporation
• Palo Alto Networks, Inc.
• PQShield Ltd
• Qualcomm Technologies, Inc.
• QuBalt GmbH
• QuintessenceLabs Pty Ltd
• Rohde & Schwarz GmbH & Co. KG
• SK Telecom Co., Ltd.
• Thales Group
• Toshiba Corporation
• Trend Micro Incorporated
• VeriQloud

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• Cryptography Market

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