Global Public Key Infrastructure
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Public Key Infrastructure Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 26.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Deployment |
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Market Split by Application |
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Market Split by Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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According to the Cognitive Market Research Report, the Public Key Infrastructure Market size in 2023 was XX Million and is projected to have a compounded annual growth rate of XX% from 2024 to 2031.
Public key infrastructure (PKI) refers to the hardware, software, rules, processes, and procedures needed to produce, manage, distribute, utilize, store, and revoke digital certificates and public keys. PKIs serve as the foundation for the widespread adoption of technologies like digital signatures and encryption. PKIs provide the ingredients required for a safe and trustworthy business environment for e-commerce and the expanding Internet of Things (IoT). Increased demand for robust digital security, rising cyber threats, and increased web and online activity during the COVID-19 pandemic are all factors contributing to the market's growth. Additionally, to enhance corporate operations, businesses are quickly adopting several technological advancements, including cloud storage, workplace mobility, and virtualization. Large volumes of cloud-based enterprise data are readily available on mobile devices, enabling businesses to function and manage operations more effectively and efficiently in real-time. These factors create the demand for public key infrastructure during the forecast period. Hardware Security Modules ensure the scalability of the entire security architecture, which prevents Public Key Infrastructure from being compromised and permits key creation at every stage of the PKI lifecycle.
The growing need for data security and privacy requirements and the increasing incidence of cyber crimes propel the market growth of the public key infrastructure. This market is segmented by component, deployment model, and application. The Hardware Security Modules (HSM) segment held a dominant market share by component segment. The on-premises segment held a dominant position in the global PKI deployment market. On-premises security solutions, which include active directories, encryption key management, access control rules, and authentication, are widely used across several industry verticals as part of their security strategy to prevent data loss and privacy issues.
Unauthorized access, manipulation, or interception in light of the widespread use of digital transactions, communications, and data storage drives the PKI market growth. Digital certificates, encryption, and authentication techniques are used by PKI to enable the safe transfer of data across networks, offering a strong foundation for guaranteeing data security and privacy. PKI solutions are becoming more and more popular among organizations in a variety of industries, such as finance, healthcare, government, and e-commerce, to create secure channels of communication, authenticate individuals and devices, and safeguard data integrity. The acceptance of PKI is anticipated to increase further, spurring market expansion and innovation in cybersecurity solutions, as cyber threats persist and data protection laws tighten.
For instance, PKI technology is utilized by the esteemed Mayo Clinic, a US-based medical institution, to protect its electronic health records (EHRs) and enable safe communication between patients, healthcare providers, and other relevant parties. The Mayo Clinic guarantees the confidentiality of sensitive patient information by employing PKI-based solutions that prevent unauthorized access or tampering. The Mayo Clinic can improve data security and privacy in compliance with healthcare regulations like the Health Insurance Portability and Accountability Act (HIPAA) by using PKI to authenticate users accessing EHRs, encrypt data transmissions, and establish secure communication channels. By implementing PKI, the Mayo Clinic shows that it is dedicated to using cutting-edge cybersecurity techniques to protect patient data and uphold the highest standards of healthcare data security.
As a result, the acceptance of PKI for Data security and privacy requirements are propelling the market growth.
The main factor propelling the market expansion of Public Key Infrastructure (PKI) is the increasing incidence of cybercrimes. Cybercriminals have increased their efforts to take advantage of weaknesses and carry out fraudulent activities, including data breaches, identity theft, and financial fraud, as a result of the growing digitization of transactions, communications, and the storing of sensitive data. PKI is becoming increasingly popular among businesses in a variety of industries as a strong cybersecurity solution to bolster digital infrastructure and guard against illegal access, data manipulation, and interception. By offering a secure framework for creating trusted identities, encrypting data transfers, and authenticating people, things, and apps, PKI reduces the possibility of cybercrime and improves security posture all around. The demand for PKI solutions is anticipated to soar, propelling market growth and innovation in cybersecurity technologies as cyber threats continue to evolve and regulatory requirements for data protection become more stringent.
For instance, The European Central Bank is a prominent instance of an entity utilizing Public Key Infrastructure (PKI) to counteract counterfeiting for the European System of Central Banks. PKI technology is used by the European Central Bank (ECB) to secure its financial transactions, communications, and information systems. The ECB is in charge of monetary policy and guarantees the stability of the euro. The European Central Bank (ECB) protects its vital infrastructure from cyberattacks and secures the confidentiality and integrity of sensitive financial data by deploying PKI-based authentication methods and digital signatures. To reduce the risk of cyber fraud and maintain confidence in the European financial system, PKI helps the ECB to create a trusted environment for carrying out secure transactions with financial institutions, central banks, and other stakeholders. The ECB shows its dedication to using cutting-edge cybersecurity techniques to thwart cybercrime and safeguard the integrity of financial transactions in the digital era by implementing PKI.
Hence, PKI decreases the likelihood of cybercrime while also improving overall security posture by providing a secure framework for generating trusted identities, encrypting data transfers, and authenticating people, things, and apps.
The technological environment of PKIs is fraught with complications. PKIs rely heavily on public key certificates, which are complex and difficult to understand data structures. Their intricacy presents significant challenges to large-scale PKI deployment, which contradicts the goal of building national or global digital IDs. Furthermore, administering certificates, including key pair creation and certificate revocation, is a difficult and error-prone operation. PKIs rely on globally unique Distinguished Names (DNs), which are typically difficult to establish and manage, leading in death-by-complexity in their use. Alternative models, such as SPKI and SDSI, have struggled to attain general popularity. Furthermore, cross-certification, the reciprocal recognition of Certificate Authorities (CAs), has issues due to differences in certification methods and a lack of incentives.
Moreover, establishing and maintaining a PKI requires significant investments in secure buildings, technology, and staff. Calculating the Return on Investment (ROI) for PKIs is difficult since they supply infrastructure rather than billable services. Given the high expenses and restricted income streams, developing a viable business case for Certification Service Providers (CSPs) that sell certificates is a daunting undertaking.
Hence, the economic and technical factors hamper the growth of the public key infrastructure market.
The Public Key Infrastructure (PKI) sector has seen significant disruptions and opportunities as a result of the COVID-19 pandemic. There has been a significant increase in demand for secure remote access solutions due to the widespread shift to remote work and virtual collaboration. PKI is therefore required to authenticate users and encrypt data transmissions. However, this change has also increased cybersecurity risks for organizations, which has resulted in a rise in malware infections, phishing scams, and data breaches. By offering secure authentication and encryption to safeguard sensitive data in remote work settings, PKI solutions have emerged as crucial instruments for reducing these risks. PKI technology is receiving new attention as a result of the pandemic's emphasis on the value of digital identity and authentication in enabling safe online interactions.
Organizations are now better equipped to implement scalable and adaptable security solutions to meet changing cybersecurity challenges thanks to the increased adoption of cloud-based PKI solutions. All things considered, the COVID-19 pandemic has highlighted the vital role that Public Key Infrastructure (PKI) plays in protecting digital transactions, granting remote access, and upholding trust in a world that is becoming more and more digital.
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Prominent industry participants are making significant R&D investments to broaden their product offerings, thereby contributing to the further expansion of the public key infrastructure (PKI) market. To expand their reach, market players are also engaging in several strategic initiatives. Notable developments in the industry include the introduction of new products, contracts, mergers and acquisitions, increased investment, and cooperation with other institutions. For the public key infrastructure (PKI) sector to grow and thrive in an increasingly cutthroat and dynamic market, it must provide novel products.
One of the primary business strategies used by manufacturers in the public key infrastructure (PKI) sector to benefit customers and expand the market sector is local manufacturing to reduce operating costs.
Top Companies Market Share in Public Key Infrastructure Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America, led by the United States, dominated the world in 2023. The increasing number of SMEs, the development of significant IT hubs, and the aggressive government investments to fortify the cyber security infrastructure are all factors contributing to the region's growth. Furthermore, both individuals' and companies' intellectual property is now more susceptible to theft and infringement due to the rapid digitization and rise in internet usage. Owing to security risks, companies need to implement data-protection strategies, like encryption software, which enables them to safeguard sensitive information, including intellectual property.
The Public Key Infrastructure (PKI) market in North America is characterized by robust growth driven by increasing cybersecurity concerns and regulatory compliance requirements across various industries. With North America being a global hub for technology innovation and financial services, the adoption of PKI solutions is particularly prevalent in sectors such as finance, healthcare, government, and e-commerce. The region boasts a mature PKI ecosystem comprising a diverse range of vendors, service providers, and end-users, contributing to the market's resilience and innovation.
One prominent example of a company leveraging PKI technology in North America is Entrust. Entrust is a leading provider of trusted identities, secure authentication, and digital security solutions. The company offers a comprehensive suite of PKI solutions tailored to the needs of organizations seeking to enhance cybersecurity and protect sensitive information. Entrust's PKI solutions enable secure authentication, digital signing, and encryption, helping organizations establish trust in online transactions, secure remote access, and comply with regulatory requirements such as the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS). With its extensive experience and expertise in PKI technology, Entrust exemplifies the pivotal role of companies in North America in driving innovation and adoption in the PKI market. (Source: https://www.entrust.com/products/pki)
The current report Scope analyzes Public Key Infrastructure Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Public Key Infrastructure Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Public Key Infrastructure Industry growth. Public Key Infrastructure market has been segmented with the help of its Type, Deployment Application, and others. Public Key Infrastructure market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In 2023, the Hardware Security Modules (HSM) segment held a dominant market share of more than XX%. HSM ensures the scalability of the entire security architecture, prevents PKI from being compromised, and permits key creation at every stage of the PKI lifecycle. Due to the ongoing danger of cyberattacks, the increasing number of devices used for digital transactions must be secured to safeguard sensitive data. Furthermore, by creating, maintaining, and safeguarding the keys needed to encrypt and decrypt sensitive, important data, hardware devices further secure all operations. Throughout the projection period, these factors would continue to propel the segment market.
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In 2023, the on-premises segment held a dominant position in the global PKI market. On-premises security solutions, which include active directories, encryption key management, access control rules, and authentication, are widely used across several industry verticals as part of their security strategy to prevent data loss and privacy issues. To ensure data security, policy administration, and compliance standards are followed, these call for the implementation of hardware security modules across the distributed computing system of the company.
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By revenue share in 2023, the email security segment led the way. Several companies exclusively use the email server platforms provided by Google and Microsoft's default security controls. Secure Email Gateways (SEGs), email sandboxing, email encryption, and email DLP solutions are a few of these. They offer strategies for keeping private information safe from prying eyes. In addition, proactive content blocking based on pre-established criteria is possible with an enterprise email security system in place. Large images, for example, may not be received by them, which would adversely affect email server traffic.
The global market's largest revenue share is predicted to belong to the BFSI segment in 2023. Increased online transactions, a rise in the use of cloud-based deployment solutions, and the digitization of welfare and financial services are all contributing factors to the segment's rising growth. Due to the fact that the banking industry houses a significant amount of data, including payment card details, personal information, and Social Security Numbers (SSNs), security controls are implemented by the sector to safeguard this data. Additionally, maintaining data integrity across its lifecycle is a requirement for financial institutions. A few security measures, like data masking and encryption software, can be enforced to keep it up to date.
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The Global Public Key Infrastructure Market is witnessing significant growth in the near future.
In 2023, the Hardware Security Modules segment accounted for noticeable share of global Public Key Infrastructure Market and is projected to experience significant growth in the near future.
The On Premise segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Docusign Inc.(U.S), Kofax Ltd. (U.S) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Hardware Security Modules, Solutions, Services |
Deployment | On Premise, Cloud |
Application | Web Browsing Security, Email Security, Secure Communication, Authentication |
Industry | BFSI, IT & Telecom, Government & Defense, Media and Entertainment, Retail, Healthcare, Manufacturing, Education, Automotive, Others |
List of Competitors | Docusign Inc.(U.S), Comodo Group Inc.(U.S), Kofax Ltd. (U.S), GoDaddy Inc.(U.S), GMO GlobalSign Inc. (U.S), Verisign Inc.(U.S), Gemalto N.V.( Netherlands), Signix Inc.(U.S), Ascertia Company (U.S), Secured Signing Limited (Australia), Entrust Data Cartd Corporation (U.S), Identrust Inc.(U.S), Others |
This chapter will help you gain GLOBAL Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review Global Public Key Infrastructure Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review North America Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review Europe Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review Asia Pacific Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review South America Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review Middle East Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Public Key Infrastructure. Further deep in this chapter, you will be able to review Middle East Public Key Infrastructure Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Public Key Infrastructure. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Deployment Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
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Chapter 13 Market Split by Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Public Key Infrastructure market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hardware Security Modules have a significant impact on Public Key Infrastructure market? |
What are the key factors affecting the Hardware Security Modules and Solutions of Public Key Infrastructure Market? |
What is the CAGR/Growth Rate of On Premise during the forecast period? |
By type, which segment accounted for largest share of the global Public Key Infrastructure Market? |
Which region is expected to dominate the global Public Key Infrastructure Market within the forecast period? |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Service Level Customization |
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