PUBLISHER: QYResearch | PRODUCT CODE: 1876120
PUBLISHER: QYResearch | PRODUCT CODE: 1876120
The global market for Public Key Infrastructure (PKI) was estimated to be worth US$ 5338 million in 2024 and is forecast to a readjusted size of US$ 16280 million by 2031 with a CAGR of 17.4% during the forecast period 2025-2031.
Public Key Infrastructure (PKI) is a system of technologies, policies, and procedures used to create, manage, distribute, use, store, and revoke digital certificates and public-private key pairs. It enables secure electronic communications and transactions over untrusted networks such as the internet. PKI uses asymmetric encryption, where a public key is used to encrypt data and a private key is used to decrypt it. It ensures the confidentiality, integrity, authenticity, and non-repudiation of digital information. Common applications of PKI include securing websites (via SSL/TLS), digital signatures, email encryption, and identity verification.
North America is the largest regional market for Public Key Infrastructure (PKI), accounting for 33.64% of the global market share in 2023. This is attributed to the region's high level of technological maturity, extensive regulatory requirements, and continuous investments in cybersecurity. North America is expected to maintain its significant position in the global PKI market through 2030. Europe ranks as the second-largest regional market, driven by strict regulations, particularly the implementation of the General Data Protection Regulation (GDPR) and the Electronic Identification, Authentication and Trust Services (eIDAS) Regulation. The Asia-Pacific region-especially China, India, and Japan-is rapidly emerging as a key market for PKI. The region is expected to record the highest compound annual growth rate (CAGR) globally, primarily due to the rapid growth of e-commerce, FinTech, the Internet of Things (IoT), and cloud computing.
PKI is widely used across various industries: In the financial services and insurance sector, PKI is extensively applied to secure online transactions and electronic signatures, ensuring safe data transmission and identity verification. Government agencies use PKI to secure the transmission of sensitive information and protect e-government applications, particularly in defense and intelligence departments where confidentiality in communication is critical. In the telecommunications sector, PKI supports secure communication protocols and ensures the safe transmission of data across networks. In 2023, the financial services and insurance sector accounted for approximately 26.52% of the market share, with a projected CAGR of around 17.01% in the coming years.
This report aims to provide a comprehensive presentation of the global market for Public Key Infrastructure (PKI), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Public Key Infrastructure (PKI) by region & country, by Type, and by Application.
The Public Key Infrastructure (PKI) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Public Key Infrastructure (PKI).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Public Key Infrastructure (PKI) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Public Key Infrastructure (PKI) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Public Key Infrastructure (PKI) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.