Public Key Infrastructure Market: Industry Demand, Current and Future Plans by Forecast to 2030 The public key infrastructure market is expected to grow from $16.48 billion in 2021 to $25.94 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The market is projected to reach $39.51 billion in 2026 at a CAGR of 10.1%. The market growth is driven by the increasing adoption of cloud-based PKI solutions, the growing need for security in the financial sector, and the increasing adoption of PKI in IoT applications. Key Topics Covered: * Market Overview * Market Drivers * Market Trends * Market Segmentation * Competitive Landscape * Market Forecast * Appendix **Market Overview** The public key infrastructure market is a growing market due to the increasing adoption of cloud-based PKI solutions, the growing need for security in the financial sector, and the increasing adoption of PKI in IoT applications. **Market Drivers** * Increasing adoption of cloud-based PKI solutions * Growing need for security in the financial sector * Increasing adoption of PKI in IoT applications **Market Trends** * Cloud-based PKI solutions are becoming increasingly popular due to their scalability, flexibility, and cost-effectiveness. * The financial sector is a major driver of the PKI market due to the need for strong security measures to protect sensitive data. * PKI is increasingly being used in IoT applications to secure communications and transactions. **Market Segmentation** The public key infrastructure market is segmented by deployment type, organization size, industry, and region. * By deployment type, the market is segmented into on-premises and cloud-based. * By organization size, the market is segmented into small and medium-sized enterprises (SMEs) and large enterprises. * By industry, the market is segmented into financial services, government, healthcare, manufacturing, and others. * By region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. **Competitive Landscape** The key players in the public key infrastructure market include Entrust, Symantec, IBM, DigiCert, and GlobalSign. These companies have a strong brand presence and a wide range of products and services to offer. **Market Forecast** The public key infrastructure market is expected to grow from $16.48 billion in 2021 to $25.94 billion in 2022 at a CAGR of 11.8%. The market is projected to reach $39.51 billion in 2026 at a CAGR of 10.1%. **Appendix** The appendix provides a detailed list of the companies included in the market research report.
The public key infrastructure market is expected to grow from US$ 3,268.10 million in 2022 to US$ 11,553.84 million by 2030, at a CAGR of...
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