Genian Accelerates Entry into Next-Generation Quantum Security Market...Aiming to Lead $4.7 Billion Industry

Genian is accelerating the development of next-generation security technology targeting the era of quantum computing, aiming to secure future growth drivers. The company’s strategy is to advance its proprietary quantum security technology in response to the threat of quantum computing, which can neutralize existing encryption systems, and to actively target the global quantum security market.

On May 26, Genian, a cybersecurity specialist, announced that the core technology development for its ‘Quantum Security Gateway’—a key pillar of its Zero Trust 3.0 strategy—has entered the final verification phase. Through this research and development, the company plans to secure world-class proprietary technological competitiveness and establish leadership in the rapidly expanding quantum security market.

Quantum computers are regarded as having the capability to perform cryptographic decryption tasks—currently requiring supercomputers and extended periods of time—in a fraction of the time. As a result, concerns are growing that existing encryption algorithms used in finance, defense, and public administration could become obsolete in the future.

The market growth outlook is also steep. According to global IT market research firm Technavio, the global Post-Quantum Cryptography (PQC) market is expected to grow at an average annual rate of 43.4% after 2025, reaching approximately $3.42 billion (about KRW 4.7 trillion) by 2030.

The Quantum Security Gateway under development by Genian features the application of the latest PQC technology on top of its existing ZTNA solution base. In addition, a high-performance Key Management System (KMS) is embedded to securely manage the entire lifecycle of encryption keys from creation to destruction, thereby establishing a multi-layered security framework.

Notably, the gateway architecture, which internally integrates both PQC and key management technology, is recognized for requiring a high level of security expertise. Based on this, the company expects to expand its business into industries where demand for quantum security will increase, such as autonomous vehicles, artificial intelligence (AI), and cloud computing.

Furthermore, the company intends to help enterprises operating legacy systems transition smoothly to new quantum security environments, focusing on protecting customer assets from quantum computing-based hacking threats.

CEO Lee Dongbum stated, “By acquiring technology that can safely protect customer assets against quantum computing threats, we will contribute to strengthening national cybersecurity. Based on our core technological competitiveness, we will expand our global market coverage and further elevate the status of K-security.”

This technological development is significant in that Genian is securing proprietary security technology competitiveness to prepare for the era of quantum computing and taking the lead in the rapidly growing global quantum security market.

This content was produced with the assistance of AI translation services.