Reference

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Supporting source

Post-quantum cryptography readiness investment

~USD 18-25M cumulative (2023-2025)

As of2023-2025 cumulative·Sources4·Supporting

Cumulative Thailand investment in post-quantum cryptography (PQC) readiness across banking, government, and critical-infrastructure operators is estimated at approximately USD 18-25 million over 2023-2025 per NCSA, NIST PQC migration tracking, and vendor disclosures (IBM, Thales, Entrust, Utimaco). Spend covers crypto-agility audits, hardware security module (HSM) refresh planning for ML-KEM and ML-DSA algorithms (NIST FIPS 203/204), and pilot deployments at first-mover banks. The 2024 NIST PQC standardisation set a global migration clock; Bank of Thailand's 2025 IT-resilience guidance includes early-stage PQC readiness expectations on covered SET-listed banks. Full enterprise migration in Thailand is expected to extend through 2030-2032.

Figure in context

Cumulative Thailand investment in post-quantum cryptography (PQC) readiness across banking, government, and critical-infrastructure operators is estimated at approximately USD 18-25 million over 2023-2025 per NCSA, NIST PQC migration tracking, and vendor disclosures (IBM, Thales, Entrust, Utimaco). Spend covers crypto-agility audits, hardware security module (HSM) refresh planning for ML-KEM and ML-DSA algorithms (NIST FIPS 203/204), and pilot deployments at first-mover banks. The 2024 NIST PQC standardisation set a global migration clock; Bank of Thailand's 2025 IT-resilience guidance includes early-stage PQC readiness expectations on covered SET-listed banks. Full enterprise migration in Thailand is expected to extend through 2030-2032.

Cumulative Thailand investment in post-quantum cryptography (PQC) readiness across banking, government, and critical-infrastructure operators is estimated at approximately USD 18-25 million over 2023-2025 per NCSA, NIST PQC migration tracking, and vendor disclosures (IBM, Thales, Entrust, Utimaco). Spend covers crypto-agility audits, hardware security module (HSM) refresh planning for ML-KEM and ML-DSA algorithms (NIST FIPS 203/204), and pilot deployments at first-mover banks. The 2024 NIST PQC standardisation set a global migration clock; Bank of Thailand's 2025 IT-resilience guidance includes early-stage PQC readiness expectations on covered SET-listed banks. Full enterprise migration in Thailand is expected to extend through 2030-2032.

Time scope

2023-2025 cumulative

Source basis

Supporting source

Interpretation notes

What this tells you

Cumulative Thailand investment in post-quantum cryptography (PQC) readiness across banking, government, and critical-infrastructure operators is estimated at approximately USD 18-25 million over 2023-2025 per NCSA, NIST PQC migration tracking, and vendor disclosures (IBM, Thales, Entrust, Utimaco). Spend covers crypto-agility audits, hardware security module (HSM) refresh planning for ML-KEM and ML-DSA algorithms (NIST FIPS 203/204), and pilot deployments at first-mover banks. The 2024 NIST PQC standardisation set a global migration clock; Bank of Thailand's 2025 IT-resilience guidance includes early-stage PQC readiness expectations on covered SET-listed banks. Full enterprise migration in Thailand is expected to extend through 2030-2032.

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Post-quantum cryptography readiness investment · Insight