Public Key Infrastructure Market Analysis

Deployment Mode (On-premises, Cloud)

The cloud segment in the public key infrastructure market is predicted to witness the largest revenue share of 41% by the end of 2035. The increased use of cloud-based public key infrastructure (PKI), which improves data security and makes it possible for safe information sharing through digital identities, can be blamed for this category rise. The cloud-based strategy has several benefits since it frees businesses from the time, money, and resource demands of building internal infrastructure. As a result, both big businesses and SMEs have adopted cloud-based public key infrastructure solutions with enthusiasm, boosting this market's rapid expansion. 

End User (BFSI, Healthcare, IT, and Telecom)

The BFSI segment is set to hold 40% share of the global public key infrastructure market in the forecast period. The BFSI segment is a sector based on strict standards and the sector demands secured communication and data protection. Public key infrastructure is widely used in the BFSI sector for various purposes such as authentication of users, secured online transactions, and security of sensitive data such as consumer data, transaction, and financial data. Moreover, the increasing number of cyberattacks in the banking and finance sector is further predicted to accelerate the market growth of public key infrastructure in this segment. Public key infrastructure offers a secure way of transmitting data via the internet in order to protect the data from getting exposed to cyber fraud such as hacking, identity theft, and phishing.

Our in-depth analysis of the global market includes the following segments: