Global Public Key Infrastructure Market Size & Outlook

The global public key infrastructure market size was estimated at USD 6,367.7 million in 2024 and is projected to reach USD 19,646.3 million by 2030, growing at a CAGR of 21.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$6,367.7
Forecast, 2030 (US$M)
$19,646.3
CAGR, 2025 - 2030
21.1%
Report Coverage
Worldwide

Global public key infrastructure market, 2018-2030 (US$M)

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Global public key infrastructure market highlights

  • The global public key infrastructure market generated a revenue of USD 6,367.7 million in 2024 and is expected to reach USD 19,646.3 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 21.1% by 2030.
  • In terms of segment, solutions accounted for a revenue of USD 4,027.2 million in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 6,367.7 million
Market revenue in 2030USD 19,646.3 million
Growth rate21.1% (CAGR from 2025 to 2030)
Largest segmentSolutions
Fastest growing segmentServices
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware Security Modules (HSM), Solutions, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 32.0% of the global public key infrastructure market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 710.9 million by 2030.

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Public Key Infrastructure Market Companies

Name Profile # Employees HQ Website
Stormshield View profile 251-500 Issy-les-moulineaux, Ile-de-France, France, Europe https://www.stormshield.com
Sectigo View profile 501-1000 Scottsdale, Arizona, United States, North America https://www.sectigo.com/
Keyfactor View profile 251-500 Independence, Ohio, United States, North America https://www.keyfactor.com
Futurex View profile 101-250 Bulverde, Texas, United States, North America http://www.futurex.com
eMudhra View profile 501-1000 Houston, Texas, United States, North America http://www.emudhra.com/
AppViewX View profile 501-1000 New York, New York, United States, North America https://www.appviewx.com
GMO GlobalSign View profile 251-500 Portsmouth, New Hampshire, United States, North America http://www.globalsign.com
SSL View profile 11-50 Houston, Texas, United States, North America http://ssl.com/
DigiCert View profile 1001-5000 Lindon, Utah, United States, North America http://www.digicert.com/
Microsoft Corporation View profile - - -
Google LLC View profile - - -
Amazon Web Services, Inc. View profile - - -
HID Global View profile 1001-5000 Irvine, California, United States, North America http://www.hidglobal.com
WISeKey International Holding Ltd ADR View profile 102 General-Guisan-Strasse 6, Zug, Switzerland, CH-6300 https://www.wisekey.com
Enigma View profile 11-50 London, England, United Kingdom, Europe https://www.enigma-securities.io
Entrust Inc. View profile 101-250 Katy, Texas, United States, North America http://entrustinc.com

Global public key infrastructure market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to public key infrastructure market will help companies and investors design strategic landscapes.


Solutions was the largest segment with a revenue share of 63.24% in 2024. Horizon Databook has segmented the Global public key infrastructure market based on hardware security modules (hsm), solutions, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Public Key Infrastructure Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware Security Modules (HSM)
    • Solutions
    • Services
  • Global Public Key Infrastructure Deployment Outlook (Revenue, USD Million, 2018-2030)
    • On-premises
    • Cloud
  • Global Public Key Infrastructure Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small & Medium Enterprises (SMEs)
    • Large Enterprises
  • Global Public Key Infrastructure Application Outlook (Revenue, USD Million, 2018-2030)
    • Web Browsing Security
    • Email Security
    • Secure Communication
    • Authentication
  • Global Public Key Infrastructure Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT & Telecom
    • Government & Defense
    • Media and Entertainment
    • Retail
    • Healthcare
    • Manufacturing
    • Education
    • Automotive
    • Others

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Target buyers of Global public key infrastructure market databook

  • Our clientele includes a mix of public key infrastructure market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global public key infrastructure market , including forecasts for subscribers. This global databook contains high-level insights into Global public key infrastructure market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global public key infrastructure market size, by regions, 2018-2030 (US$M)

Top 10 countries: Public key infrastructure market size, 2024 (US$M)

Global public key infrastructure market share, by component, 2024 & 2030 (%, US$M)

Public key infrastructure market: Opportunity assessment by country

Global public key infrastructure market, by region, 2024 (US$M)

Global public key infrastructure market size, by regions, 2018-2030 (US$M)

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