Public Key Infrastructure Market Share

North America Market Forecasts

The public key infrastructure market in the North American region is anticipated to observe a revenue growth of 33% during the studied period. As a result of the growing requirement to maintain ongoing data security compliance throughout the company and the widespread usage of the Secure Sockets Layer (SSL) certification that employs public-key security solutions for encryption and authentication. PKI is used by numerous sectors in the region such as healthcare, government, and online shopping sectors to protect data, provide secure communication, and validate digital identities. The focus on data protection in the area, the existence of significant companies, and the rising frequency of cyber threats all support the growth of the PKI industry throughout North America. In the United States, more than 2,100 cyberattacks occur every day.

APAC Market Statistics

In the Asia Pacific PKI market is estimated to grow substantially during the time period between 2023 – 2035 on the back of increasing digitalization initiatives taken by public and private sectors in this region. With the growth of online retail and electronic payment methods, the retail sector is evolving quickly, demanding robust safety protocols including PKI to safeguard sensitive client data and guarantee secure transactions.