The global public key infrastructure (PKI) market is forecasted to grow significantly, reaching approximately USD 13.8 billion by 2028 from USD 5.5 billion in 2023. Key drivers include digital transformation and increasing reliance on secure online transactions. The services segment is poised for the highest growth rate, underlining PKI's role in ensuring secure authentication and data integrity. The healthcare vertical is expected to see the fastest growth due to rising cybersecurity concerns and regulatory compliance needs that mandate robust security measures like PKI.
The global public key infrastructure (PKI) market is valued at approximately USD 5.5 billion in 2023 and is expected to grow to USD 13.8 billion by 2028, registering a CAGR of 20.2%.
The accelerating pace of digital transformation and the growing dependence on secure online transactions are key factors driving the strong expansion of the PKI market.
PKI technology serves as a foundation for establishing trust in digital interactions, ensuring data integrity, and protecting against cyber threats.
The healthcare segment is to grow at the highest CAGR during the forecast period, driven by the increasing need for robust security due to cyberattacks.
Collection
[
|
...
]