Public Key Infrastructure Market Analysis, Trends, Growth, Research And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Public Key Infrastructure Global Market Report 2023 identifies the increase in the number of cyber frauds as the major driver for the public key infrastructure market's growth in the forecast period. Cyber frauds refer to intentional tampering with another person's online-stored personal and financial information. A public key infrastructure functions as a cybersecurity technological infrastructure that combines an HSM (hardware security module) for key storage and protection, a Root CA or Certification Authority for the issue of digital certificates, and public key cryptographic keys to encrypt data and save from cyber fraud.

The global public key infrastructure market is expected to grow from $3.15 billion in 2022 to $3.83 billion in 2023 at a compound annual growth rate (CAGR) of 21.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global public key infrastructure market is expected to grow to $8.03 billion in 2027 at a CAGR of 20.4%.

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Major competitors in the public key infrastructure market are Thales Group, Verisign Inc., Comodo Security Solutions Inc., DigiCert Inc., Airbus SE, International Business Machines Corporation, Microsoft Corporation, HID Global, Amazon Web Services Inc., Google LLC, Enigma Technologies Inc., Lexmark International Inc.

A key trend in the public key infrastructure market includes technological advancement. Major players in the public key infrastructure market are focused on technological advancement to sustain their marketplace. For an instance, in August 2021, Keyfactor, a US-based company offering public key infrastructure (PKI) as-a-service launched Certificate Lifecycle Automation as-a-Service (CLAaaS) Platform. The CLAaaS platform is integrated with a new cloud-native solution to handle certificate administration in intricate hybrid and multi-cloud systems with stringent regulatory and policy requirements. Keyfactor CLA as a service facilitates turnkey deployment, on-premises PKI, full automation, low friction, hybrid, and scalable PKI.

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The public key infrastructure market is segmented -
• By Component: Hardware Module, Solution, Services

• By Deployment Mode: Cloud, On-Premise

• By Organization Size: Large Enterprises, Small And Medium Enterprise (SME)

• By Vertical: BFSI, Government and Defense, IT and Telecom, Retail, Healthcare, Manufacturing, Other Verticals

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.North America was the largest region in the public key infrastructure market.

The Business Research Company's "Global Public Key Infrastructure Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Public Key Infrastructure Market Include:
1. Executive Summary
2. Public Key Infrastructure Market Characteristics
3. Public Key Infrastructure Market Trends And Strategies
4. Public Key Infrastructure Market - Macro Economic Scenario
..........
26. Africa Public Key Infrastructure Market
27. Public Key Infrastructure Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Public Key Infrastructure Market
29. Public Key Infrastructure Market Future Outlook and Potential Analysis
30. Appendix

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