Connect with us

Hi, what are you looking for?

Public Key Infrastructure Market Challenges, Size, Growth, Key Vendors, Drivers and Trends by Forecast to 2027 | COVID-19 Effects

Market Highlights

The global public key infrastructure market will grow at a healthy 21.74% CAGR in the forecast period (2020-2030), states the latest Market Research Future (MRFR) report.


Growing Demand for Digital Certificates to Boost Market Growth

The growing need for digital certificates to allow enterprises to encrypt data, authenticate users using the certificates, and digitally sign the certificates will boost market growth over the forecast period.


Rise in Security Platform to offer Robust Opportunities

Demand for security protocols for protecting privacy, information assets, value exchanging, and information assets are escalating. Public key infrastructure, put simply, is a technology driven solution that delivers an increased level of confidence for exchanging information over the internet with the use of public cryptographic key pairs. This is a system of technologies, policies, and processes that enable to encrypt data. The public key infrastructure solutions support security mechanisms like authentication, confidentiality, and integrity. This is a crucial component of an overall security strategy which works with other security mechanisms, risk management efforts, and business practices. Thus such benefits of PKI technology is boosting market growth.


Lack of Awareness to act as Market Restraint

The lack of awareness regarding PKI solutions across enterprises may act as a market restraint over the forecast period.


Introduction of Private Certificate Authorities to act as Market Challenge

The introduction of private certificate authorities may act as market challenge over the forecast period.

COVID-19 Analysis

The COVID-19 outbreak has brought forth the glaring gaps in cybersecurity in key companies. In fact the digital transformation and the requirement for public key infrastructure for managing public keys can offer a lucrative opportunity for solution providers. Investments in security solutions and the acceleration of work from home connections have triggered the demand for reliable certificates and keys.

Get a Free Sample @


The public key infrastructure market has been bifurcated based on services, deployment, and end user.

By services, the global public key infrastructure market is segmented into self-registration, self-recovery, secure roaming, enrolment services, PIN authentication, and others.

By deployment, the cloud segment will lead the market over the forecast period for the increasing adoption of cloud-based services across various SMEs and large enterprises.

By end user, the BFSI segment will dominate the market over the forecast period for the increasing sophistication level of data breaches and cyber frauds in the banking sector.

Regional Analysis

APAC to Have Lions Share in Public Key Infrastructure Market

The APAC region will possess the lions share in the market over the forecast period. The rich presence of manufacturing companies in South Korea, Taiwan, Japan, India, and China, the region being a prominent leader in semiconductor and largest exporter around the world, the security requirements in large web infrastructures, evolving cyberattack landscape owing to large organizations’ ever-expanding network points, growing number of smartphones, increasing adoption of technology, augmented use of online banking and e-commerce, organizations accepting PKI solutions to ensure security of sensitive data, government initiatives for the digitalization, banking systems automation, online traffic, and growing number of industries are adding to the global public key infrastructure market growth in the region.

Key Players

Eminent players profiled in the global public key infrastructure market report include Docusign Inc.(U.S), Comodo Group Inc.(U.S), Kofax Ltd. (U.S), GoDaddy Inc.(U.S), GMO GlobalSign Inc. (U.S), Verisign Inc.(U.S), Gemalto N.V.( Netherlands), Signix Inc.(U.S), Ascertia Company (U.S), Secured Signing Limited (Australia)Entrust Data Cartd Corporation (U.S) and Identrust Inc.(U.S) among others.

Browse Complete Report @

Public Key Infrastructure Market By Solution (PIN Authentication, Enrollment Services, Inventory of Digital Identities, Secure Roaming, Self-Recovery, Self-Registration), Deployment (Cloud-Based, On-Premise), End-User (Aerospace and Defense, Health and Life Sciences, Human Resources, Manufacturing, Government, BFSI, Education, Retail, and Others) -Global Forecast to 2030

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]


You may also like:


We are deeply saddened to inform our readers of the passing of Karen Graham, who was a highly valued Editor-at-Large at Digital Journal.

Tech & Science

The researchers are seeking to develop a device that can assess the environmental risk of COVID-19 transmission in real time.

Tech & Science

The measures initially target heavy email blasters, these requirements will eventually envelop personal accounts too.


The IATA says 'on average a person would have to travel by air every day for 103,239 years to experience a fatal accident' -...