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UAE/TECHNOLOGYJan. 4, 2024

Middle East Accelerates Quantum Computing and Cryptography Development

Writen by Gulf Mirror Media LLC

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The rapid evolution of quantum computing has sparked a competitive race for innovation in computing globally and notably in the Middle East, as highlighted in recent research by Frost & Sullivan. Although the United States and China currently lead in quantum computing and cryptography, the growing significance of quantum computing in the Middle East will be a focal point at Intersec 2024, scheduled from January 16 to 18 at the Dubai World Trade Centre.

Quantum computing has the potential to transform cybersecurity by enhancing secure communication through advanced encryption methods. However, it also poses challenges to existing encryption techniques, making preparations for the quantum era crucial to safeguard data against emerging risks.

Despite being in its early stages, quantum computing is anticipated to impact various fields, including scientific research, cryptography, finance, supply chains, logistics, and drug discovery.

Ahead of the Cyber Security Conference at Intersec 2024, Rajarshi Dhar, Principal Consultant, Security, at Frost & Sullivan, emphasized the revolutionary potential of quantum computing. He noted that the technology, though in its nascent stage, holds promise for solving complex problems faster and more efficiently than classical computers, playing a pivotal role in shaping the future.

Frost & Sullivan's analysis predicts a substantial surge in the quantum cryptography market over the next five years, with more than half of the revenue expected from businesses, followed by the government and defense sectors.

The imminent threat posed by the commercialization of quantum computers is driving this growth, rendering current security and cryptography measures outdated. Upgrading security systems is imperative, requiring future-proof cryptography capable of withstanding both quantum and sophisticated attacks.

While the United States leads in quantum computing and cryptography, China closely follows and is anticipated to significantly impact technological advancement in the future. The Middle East, represented by the UAE, Qatar, and Saudi Arabia, is making strides in quantum computing and cryptography development. Notable efforts include the UAE's Quantum Research Centre and the development of cryptography estimators by the Technology Innovation Institute.

Qatar and Saudi Arabia are also investing significantly in quantum computing, with Qatar allocating $10 million for the Qatar Centre for Quantum Computing, and Saudi Arabia establishing the Quantum Computing Council.

The implications of quantum computing will be thoroughly explored at the two-day Intersec 2024 Cyber Security Conference, bringing together experts, thought leaders, practitioners, and innovators to chart the course for cybersecurity excellence. The event will also host the in{:cyber} Pavilion, featuring leading cybersecurity exhibitors, workshops, and engaging activities.

Intersec 2024's 25th edition, held under the patronage of His Highness Sheikh Mansoor Bin Mohammed bin Rashid Al Maktoum, stands as a testament to 25 years of innovation in security technology. With 1,000 exhibitors from 60 nations and 45,000 trade visitors, Intersec 2024 serves as a global hub for the security, safety, and fire protection industries.