Public Key Infrastructure (PKI) Market to Reach USD 34.21 Billion by 2033, Growing at 21.05% CAGR

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The global public key infrastructure (PKI) market size was valued at USD 6.13 billion in 2024 and is estimated to grow from USD 7.42 billion in 2025 to reach USD 34.21 billion by 2033, growing at a CAGR of 21.05% during the forecast period (2025–2033).

Public Key Infrastructure (PKI) Market Overview

The global public key infrastructure (PKI) market size was valued at USD 6.13 billion in 2024 and is estimated to grow from USD 7.42 billion in 2025 to reach USD 34.21 billion by 2033, growing at a CAGR of 21.05% during the forecast period (2025–2033).

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Public Key Infrastructure (PKI) Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Public Key Infrastructure (PKI) Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Public Key Infrastructure (PKI) Market Segmentation

  1. By Component
    1. Hardware Security Modules (HSMs)
    2. Solutions
    3. Services
  2. By Deployment Mode
    1. On-Premise
    2. Cloud-Based
  3. By Organization Size
    1. Small and Medium-Sized Enterprises (SMEs)
    2. Large Enterprises
  4. By Application
    1. Web Browsing Security
    2. Email Security
    3. Secure Communication
    4. Authentication
  5. By Industry Vertical
    1. BFSI
    2. IT & Telecom
    3. Government & Defense
    4. Media and Entertainment
    5. Retail
    6. Healthcare
    7. Manufacturing
    8. Education
    9. Automotive
    10. Others

Public Key Infrastructure (PKI) Market Key Players

  1. DigiCert Inc.
  2. Entrust Corporation
  3. GlobalSign
  4. Sectigo
  5. IBM Corporation
  6. Microsoft Corporation
  7. Nexus Group
  8. Comodo CA Limited
  9. PrimeKey Solutions AB
  10. Venafi, Inc.

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Key questions answered in the Public Key Infrastructure (PKI) Market are:

  1. How big is the Public Key Infrastructure (PKI) market?
  2. What is the expected size of Public Key Infrastructure (PKI) market?
  3. How much is the global Public Key Infrastructure (PKI) market worth?
  4. What is the Public Key Infrastructure (PKI) market growth?
  5. Which segment accounted for the largest Public Key Infrastructure (PKI) market share?
  6. What are the key Public Key Infrastructure (PKI) market segments?
  7. What was the value of the Public Key Infrastructure (PKI) market in North America in 2024?
  8. Which region held the largest share of the market?
  9. What are the factors driving the Public Key Infrastructure (PKI) market?
  10. What are the leading key players in the Public Key Infrastructure (PKI) market?
  11. Who are the key players in Public Key Infrastructure (PKI) market?

About Straits Research:

Straits Research delivers in-depth market intelligence and actionable insights across multiple industries. Our reports are designed to guide decision-makers, investors, and businesses in identifying growth opportunities, navigating challenges, and developing effective strategies for sustainable success.

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