조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2023년09월
Public Key Infrastructure (PKI) Market – Global Forecast to 2028
공개 키 기반구조 (PKI) 시장 : 컴포넌트(HSM, 솔루션, & 서비스), 배포 모드(온프레미스 및 클라우드), 조직 규모, 업종별(BFSI, 헬스케어, IT, 통신), 용도, 지역별 – 2028년까지의 세계 예측
Public Key Infrastructure (PKI) Market by Component (HSM, Solutions, and Services), Deployment Mode (On-premises and Cloud), Organization Size, Vertical (BFSI, Healthcare, IT and Telecom), Application Region – Global Forecast to 2028
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Report Overview
The global public key infrastructure market is estimated to be worth USD 5.5 billion in 2023 and is projected to reach USD 13.8 billion by 2028, at a CAGR of 20.2% during the forecast period. The escalating volume and complexity of cyberattacks have made robust security a paramount concern for organizations, prompting increased demand for PKI’s encryption, authentication, and digital signature capabilities. Regulatory compliance requirements, such as GDPR and HIPAA, mandate secure data handling and encryption, compelling organizations to adopt PKI solutions. The rise of digital transformation initiatives, remote work, and the Internet of Things further fuel the need for PKI to safeguard digital interactions, protect sensitive data, and establish trust in online transactions.
“By offering, the services segment to register the highest growth rate during the forecast period”
As organizations increasingly prioritize robust security and trust solutions, they encounter the intricate complexities associated with PKI implementation and management. These complexities include cryptographic key management, digital certificate issuance, secure communication, and staying ahead of evolving cybersecurity threats. PKI service providers offer indispensable expertise and support, making the deployment of PKI smoother and more secure. Their role extends to customizing PKI solutions to align with the unique infrastructure of each organization, seamlessly integrating PKI into existing systems, and providing managed PKI services that streamline the management of digital certificates and keys. Moreover, these service providers help organizations navigate the ever-evolving threat landscape and maintain compliance with stringent regulatory standards. In an era where cybersecurity is paramount, the services segment serves as a trusted partner for organizations seeking to bolster their security posture and maximize the benefits of PKI while ensuring operational efficiency.
“By deployment mode, the cloud segment to register the highest growth rate during the forecast period”
The anticipated highest growth rate in the cloud deployment segment of the PKI market during the forecast period reflects a notable shift towards cloud-based solutions in the realm of cybersecurity and digital trust. This trend aligns with the broader industry movement toward cloud adoption, driven by several key factors. Cloud-based PKI solutions offer organizations increased scalability, flexibility, and accessibility, allowing them to adapt quickly to evolving digital landscapes. The cloud deployment mode empowers organizations to harness PKI’s encryption, authentication, and digital signature capabilities without the need for extensive on-premises infrastructure, making it particularly attractive for businesses seeking cost-effective and agile security solutions. The growing reliance on remote work models and the need for secure, remote access to digital resources further underscore the value of cloud-based PKI. As organizations navigate the dynamic digital environment, cloud-based PKI emerges as a dynamic driver of trust and security, underpinning its remarkable growth within the market.
“Asia Pacific to register the highest growth rate during the forecast period”
During the forecast period, the Asia Pacific region’s projected highest growth rate in the PKI market reflects a compelling shift towards bolstering digital security and trust across diverse industries. Several influential factors fuel this trend. The region is experiencing a rapid surge in digitalization, with businesses, governments, and individuals embracing digital technologies at an unprecedented pace. As digital footprints expand, the demand for robust cybersecurity solutions like PKI intensifies to secure online transactions, safeguard critical data, and ensure trustworthy digital interactions. The Asia Pacific region’s burgeoning population of internet users and the thriving e-commerce ecosystem are pivotal drivers. The increasing reliance on online platforms for commerce, communication, and financial transactions underscores the need for PKI’s security measures, which are fundamental to protecting sensitive information, facilitating secure payments, and establishing trust in digital identities.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The breakdown of the primaries is as follows:
• By Company Type: Tier 1 – 20%, Tier 2 – 57%, and Tier 3 – 33%
• By Designation: C-level – 40%, Managers and Others – 60%
• By Region: North America – 35%, Europe – 20%, Asia Pacific – 45%.
The major players in the public key infrastructure market are Thales (France), Entrust Datacard (US), DigiCert (US), ManageEngine (US), Microsoft (US), HID Global (US), Google (US), AWS (US), AppViewX (US), Venafi (US), Nexus (Sweden), Sectigo (US), Futurex (US), GlobalSign (US), WISeKey (Switzerland), Cygnacom Solutions (US), Keyfactor (US), SECARDEO GmbH (Germany), Blue Ridge Networks (US), Softlock (Egypt), SSL.com (US), LAWtrust (South Africa), SecureMetric (Malaysia), Stormshield (France), and Enigma Information Security Systems (US).
The study includes an in-depth competitive analysis of these key players in the public key infrastructure market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The market study covers the PKI market size across segments. It aims at estimating the market size and the growth potential of this market across different segments by offering, by deployment mode, by organization size, by application, by vertical, and by region. The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall public key infrastructure market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• As businesses recognize the pivotal role of public key infrastructure, there is a mounting demand for comprehensive public key infrastructure solutions. These encompass a range of tools enabling organizations to achieve authentic and secure connectivity. While challenges like the need for alignment and technology integration are acknowledged, the report underscores the dynamic landscape of public key infrastructure-centric technologies and evolving market trends, the report also offers valuable insights into the future trajectory of the public key infrastructure market.
• Product Development/Innovation: Detailed insights on coming technologies, R&D activities, and product & solution launches in the public key infrastructure market
• Market Development: Comprehensive information about lucrative markets – the report analyses the public key infrastructure market across varied regions.
• Market Diversification: Exhaustive information about new products & solutions being developed, untapped geographies, recent developments, and investments in the public key infrastructure market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Thales (France), Entrust Datacard (US), DigiCert (US), ManageEngine (US), Microsoft (US), HID Global (US), Google (US), AWS (US), AppViewX (US), Venafi (US), Nexus (Sweden), Sectigo (US), Futurex (US), GlobalSign (US), WISeKey (Switzerland), Cygnacom Solutions (US), Keyfactor (US), SECARDEO GmbH (Germany), Blue Ridge Networks (US), Softlock (Egypt), SSL.com (US), LAWtrust (South Africa), SecureMetric (Malaysia), Stormshield (France), and Enigma Information Security Systems (US).
Table of Contents
1 INTRODUCTION 45
1.1 STUDY OBJECTIVES 45
1.2 MARKET DEFINITION 45
1.2.1 INCLUSIONS & EXCLUSIONS 46
1.3 STUDY SCOPE 47
1.3.1 MARKET SEGMENTATION 47
1.3.2 REGIONS COVERED 47
1.4 YEARS CONSIDERED 48
1.5 CURRENCY CONSIDERED 48
TABLE 1 USD EXCHANGE RATES, 2020–2022 48
1.6 STAKEHOLDERS 49
1.7 SUMMARY OF CHANGES 49
2 RESEARCH METHODOLOGY 50
2.1 RESEARCH DATA 50
FIGURE 1 RESEARCH DESIGN 51
2.1.1 SECONDARY DATA 51
2.1.1.1 Key data from secondary sources 52
2.1.2 PRIMARY DATA 52
2.1.2.1 Breakup of primary profiles 53
2.1.2.2 Key industry insights 53
2.2 DATA TRIANGULATION 54
FIGURE 2 DATA TRIANGULATION 54
2.3 MARKET SIZE ESTIMATION 54
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY, APPROACH 1 (SUPPLY SIDE): REVENUE OF HARDWARE SECURITY MODULES, SOLUTIONS, AND SERVICES IN PUBLIC KEY INFRASTRUCTURE MARKET 55
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1, SUPPLY-SIDE ANALYSIS 55
FIGURE 5 MARKET ESTIMATION APPROACH: SUPPLY-SIDE ANALYSIS (COMPANY REVENUE ESTIMATION [ILLUSTRATION OF REVENUE ESTIMATION FOR THALES]) 56
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2, BOTTOM-UP (DEMAND SIDE), BY VERTICAL 57
2.4 MARKET FORECAST 58
TABLE 2 FACTOR ANALYSIS 58
2.5 RESEARCH ASSUMPTIONS 59
2.6 LIMITATIONS AND RISK ASSESSMENT 60
2.7 RECESSION IMPACT ANALYSIS 60
FIGURE 7 RECESSION IMPACT ANALYSIS 61
3 EXECUTIVE SUMMARY 62
FIGURE 8 PUBLIC KEY INFRASTRUCTURE MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 63
FIGURE 9 PUBLIC KEY INFRASTRUCTURE MARKET: MAJOR SUBSEGMENTS, 2023–2028 63
FIGURE 10 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2023 64
4 PREMIUM INSIGHTS 65
4.1 OPPORTUNITIES FOR PLAYERS IN PUBLIC KEY INFRASTRUCTURE MARKET 65
FIGURE 11 RISING CASES OF MALWARE AND FILE-BASED ATTACKS AND STRINGENT REGULATORY NORMS TO DRIVE MARKET 65
4.2 PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023 65
FIGURE 12 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 65
4.3 PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023 VS. 2028 66
FIGURE 13 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 66
4.4 PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023 VS. 2028 66
FIGURE 14 ON-PREMISES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 66
4.5 PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023 VS. 2028 67
FIGURE 15 LARGE ENTERPRISES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 67
4.6 PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023 VS. 2028 67
FIGURE 16 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2028 67
4.7 MARKET INVESTMENT SCENARIO 68
FIGURE 17 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT 68
5 MARKET OVERVIEW AND INDUSTRY TRENDS 69
5.1 INTRODUCTION 69
5.2 MARKET DYNAMICS 69
FIGURE 18 PKI MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 69
5.2.1 DRIVERS 70
5.2.1.1 Stringent regulatory standards and data privacy compliances 70
5.2.1.2 Rising concerns pertaining to loss of critical data 70
5.2.1.3 Increase in penetration of online channels 71
5.2.1.4 Rise in malware and file-based attacks 71
5.2.2 RESTRAINTS 71
5.2.2.1 Technical complexities involved 71
5.2.2.2 Running private certificate authorities or using self-signed certificates 72
5.2.3 OPPORTUNITIES 72
5.2.3.1 Exponential increase in adoption of IoT across industry verticals 72
5.2.3.2 Proliferation of cloud-based and virtualization technologies 72
5.2.4 CHALLENGES 73
5.2.4.1 Lack of awareness among organizations about importance of PKI certificates 73
5.2.4.2 Limited expertise and resources for deployment of PKI 73
FIGURE 19 TOP CHALLENGES IN PKI DEPLOYMENT AND MANAGEMENT, 2018 73
5.2.4.3 Entrenched traditional business practices 73
5.3 INDUSTRY TRENDS 74
5.3.1 PKI MARKET EVOLUTION 74
5.3.2 ECOSYSTEM ANALYSIS 74
FIGURE 20 KEY COMPANIES’ ECOSYSTEM ANALYSIS 74
TABLE 3 ROLE OF PLAYERS IN MARKET ECOSYSTEM 74
5.3.3 TECHNOLOGY ROADMAP 76
5.3.3.1 Short-term roadmap (2023–2025) 76
5.3.3.2 Mid-term roadmap (2026–2028) 76
5.3.3.3 Long-term roadmap (2029–2030) 76
5.3.4 CASE STUDY ANALYSIS 76
5.3.4.1 Finance in Motion collaborated with GlobalSign to supplement Keytalk’s existing certificate and management services 77
5.3.4.2 University of Colorado chose Sectigo to manage its digital certificates 77
5.3.4.3 Emudhra helped Mauritius government implement National Public Key Infrastructure 78
5.3.5 VALUE CHAIN ANALYSIS 78
FIGURE 21 VALUE CHAIN ANALYSIS 78
5.3.6 REGULATORY LANDSCAPE 79
5.3.6.1 Regulatory bodies, government agencies, and other organizations 79
5.3.6.2 General Data Protection Regulation 79
5.3.6.3 Personal Information Protection and Electronic Documents Act (PIPEDA) 79
5.3.6.4 Cloud Security Alliance Security Trust Assurance and Risk (STAR) 79
5.3.6.5 SOC 2 79
5.3.6.6 Digital Millennium Copyright Act (DMCA) 79
5.3.6.7 Anti-Cybersquatting Consumer Protection Act (ACPA) 80
5.3.6.7.1 US 80
5.3.7 PATENT ANALYSIS 80
TABLE 4 TOP 20 PATENT OWNERS (US) IN LAST 10 YEARS 81
FIGURE 22 NUMBER OF PATENTS GRANTED, 2013–2022 81
FIGURE 23 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS 82
5.3.8 KEY CONFERENCES & EVENTS, 2023–2024 82
TABLE 5 KEY CONFERENCES & EVENTS, 2023–2024 82
5.3.9 AVERAGE SELLING PRICE ANALYSIS 83
TABLE 6 AVERAGE SELLING PRICE TRENDS 83
5.3.10 PORTER’S FIVE FORCES ANALYSIS 83
TABLE 7 IMPACT OF PORTER’S FORCES ON PKI MARKET 83
FIGURE 24 PORTER’S FIVE FORCES MODEL 84
5.3.10.1 Threat of new entrants 84
5.3.10.2 Threat of substitutes 84
5.3.10.3 Bargaining power of buyers 85
5.3.10.4 Bargaining power of suppliers 85
5.3.10.5 Intensity of competitive rivalry 85
5.3.11 KEY STAKEHOLDERS & BUYING CRITERIA 85
5.3.11.1 Key Stakeholders in buying criteria 85
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 85
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 86
5.3.11.2 Buying criteria 86
FIGURE 26 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 86
TABLE 9 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 86
5.3.12 TECHNOLOGY ANALYSIS 87
5.3.12.1 Public key infrastructure and Internet of things 87
5.3.12.2 Public key infrastructure and cloud 87
5.3.12.3 Public key infrastructure and blockchain 87
5.3.13 CURRENT AND EMERGING BUSINESS MODELS 87
5.3.13.1 Managed PKI 87
5.3.13.2 Federated PKI 87
5.3.13.3 Cloud-based PKI 87
5.3.13.4 On-premises PKI 88
5.3.14 BEST PRACTICES IN PKI MARKET 88
5.3.14.1 Security by design 88
5.3.14.2 Secure key management 88
5.3.14.3 Certificate lifecycle management 88
5.3.14.4 Monitoring and incident response 88
5.3.14.5 Redundancy and disaster recovery 89
5.3.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 89
FIGURE 27 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 89
5.3.15.1 Quantum computing threats 89
5.3.15.2 Blockchain and decentralization 89
5.3.15.3 IoT and device identity 89
5.3.15.4 Cloud-based PKI 90
5.3.15.5 Regulatory compliance 90
5.3.15.6 Zero-trust architecture 90
5.3.15.7 Remote work and secure access 90
5.3.15.8 AI and automation 90
5.3.15.9 Open-source PKI solutions 90
5.3.16 HS CODES 90
TABLE 10 EXPORT SCENARIO FOR HS CODE: 847330, BY COUNTRY, 2020–2022 91
TABLE 11 IMPORT SCENARIO FOR HS CODE: 847330, BY COUNTRY, 2020–2022 95
6 PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING 99
6.1 INTRODUCTION 100
FIGURE 28 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 100
TABLE 12 PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 100
TABLE 13 PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 101
6.2 HARDWARE SECURITY MODULES 101
6.2.1 INCREASING DEMAND FOR SECURE HARDWARE-BACKED SOLUTIONS TO DRIVE GROWTH OF HARDWARE SECURITY MODELS 101
TABLE 14 HARDWARE SECURITY MODULES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 101
TABLE 15 HARDWARE SECURITY MODULES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 102
6.2.2 HARDWARE SECURITY MODULES: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 102
6.3 SOLUTIONS 102
6.3.1 GROWING NEED FOR COMPREHENSIVE SECURITY SOLUTIONS IN EVOLVING DIGITAL LANDSCAPE TO DRIVE SOLUTIONS SEGMENT 102
TABLE 16 SOLUTIONS: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 103
TABLE 17 SOLUTIONS: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 103
6.3.2 SOLUTIONS: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 103
6.4 SERVICES 104
6.4.1 INCREASING COMPLEXITY OF PKI IMPLEMENTATION AND NEED FOR EXPERT GUIDANCE AND SUPPORT TO DRIVE SERVICES SEGMENT 104
6.4.2 SERVICES: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 104
TABLE 18 PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 104
TABLE 19 PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 104
6.4.3 PROFESSIONAL SERVICES 104
TABLE 20 PROFESSIONAL SERVICES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 105
TABLE 21 PROFESSIONAL SERVICES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 105
6.4.4 MANAGED SERVICES 105
TABLE 22 MANAGED SERVICES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 105
TABLE 23 MANAGED SERVICES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 106
7 PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE 107
7.1 INTRODUCTION 108
FIGURE 29 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 108
TABLE 24 PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 108
TABLE 25 PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 109
7.2 ON-PREMISES 109
7.2.1 DEMAND FOR DATA CONTROL, COMPLIANCE, AND SECURITY IN INDUSTRIES TO DRIVE GROWTH OF ON-PREMISES SEGMENT 109
7.2.2 ON-PREMISES: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 109
TABLE 26 ON-PREMISES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 110
TABLE 27 ON-PREMISES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 110
7.3 CLOUD 110
7.3.1 NEED FOR SCALABILITY, COST-EFFICIENCY, AND FLEXIBILITY IN MODERN IT INFRASTRUCTURE TO DRIVE GROWTH OF CLOUD SEGMENT 110
7.3.2 CLOUD: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 111
TABLE 28 CLOUD: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 111
TABLE 29 CLOUD: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 111
8 PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE 112
8.1 INTRODUCTION 113
FIGURE 30 LARGE ENTERPRISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 113
TABLE 30 PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 113
TABLE 31 PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 113
8.2 LARGE ENTERPRISES 114
8.2.1 GROWING COMPLEXITY OF CYBERSECURITY THREATS AND REGULATORY COMPLIANCE REQUIREMENTS TO DRIVE LARGE ENTERPRISES TO ADOPT ROBUST PKI SOLUTIONS 114
8.2.2 LARGE ENTERPRISES: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 114
TABLE 32 LARGE ENTERPRISES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 114
TABLE 33 LARGE ENTERPRISES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 115
8.3 SMALL AND MEDIUM-SIZED ENTERPRISES 115
8.3.1 INCREASING IMPORTANCE OF DIGITAL SECURITY AND NEED FOR COST-EFFECTIVE SOLUTIONS TO DRIVE SMES TO EMBRACE PKI 115
8.3.2 SMALL AND MEDIUM-SIZED ENTERPRISES: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 115
TABLE 34 SMES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 116
TABLE 35 SMES: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 116
9 PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION 117
9.1 INTRODUCTION 118
FIGURE 31 AUTHENTICATION SEGMENT TO HOLD A LARGER MARKET SIZE DURING THE FORECAST PERIOD 118
TABLE 36 PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 118
TABLE 37 PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 119
9.2 WEB BROWSING SECURITY 119
9.2.1 ESCALATING FREQUENCY OF WEB-BASED THREATS AND IMPERATIVE OF SAFEGUARDING ONLINE INTERACTIONS TO DRIVE GROWTH 119
9.2.2 WEB BROWSING SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 119
TABLE 38 WEB BROWSING SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 119
TABLE 39 WEB BROWSING SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9.3 EMAIL SECURITY 120
9.3.1 RISING VOLUME OF EMAIL-BASED CYBER THREATS AND CRITICAL NEED FOR SECURING CONFIDENTIAL COMMUNICATIONS TO DRIVE SEGMENT 120
9.3.2 EMAIL SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 120
TABLE 40 EMAIL SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 120
TABLE 41 EMAIL SECURITY: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 121
9.4 SECURE COMMUNICATION 121
9.4.1 GROWING DEMAND FOR SECURE AND PRIVATE COMMUNICATION CHANNELS IN BUSINESS AND PERSONAL CONTEXTS TO DRIVE SEGMENT 121
9.4.2 SECURE COMMUNICATION: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 121
TABLE 42 SECURE COMMUNICATION: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 122
TABLE 43 SECURE COMMUNICATION: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 122
9.5 AUTHENTICATION 122
9.5.1 INCREASING EMPHASIS ON ROBUST USER AND DEVICE AUTHENTICATION, PARTICULARLY IN REMOTE AND DIGITAL ENVIRONMENTS, TO DRIVE SEGMENT 122
9.5.2 AUTHENTICATION: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 123
TABLE 44 AUTHENTICATION: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 123
TABLE 45 AUTHENTICATION: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 123
10 PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL 124
10.1 INTRODUCTION 125
FIGURE 32 BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 125
TABLE 46 PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 125
TABLE 47 PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 126
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 126
10.2.1 NEED FOR STRINGENT DATA PROTECTION, REGULATORY COMPLIANCE, AND SECURE FINANCIAL TRANSACTIONS TO DRIVE SEGMENT 126
10.2.2 BANKING, FINANCIAL SERVICES, AND INSURANCE: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 127
TABLE 48 BFSI: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 127
TABLE 49 BFSI: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 127
10.3 GOVERNMENT AND DEFENSE 128
10.3.1 IMPERATIVE OF NATIONAL SECURITY, DATA PROTECTION, AND SECURE GOVERNMENT OPERATIONS TO DRIVE SEGMENT 128
10.3.2 GOVERNMENT AND DEFENSE: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 128
TABLE 50 GOVERNMENT AND DEFENSE: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 128
TABLE 51 GOVERNMENT AND DEFENSE: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 129
10.4 HEALTHCARE 129
10.4.1 CRITICAL NEED FOR SAFEGUARDING PATIENT DATA, COMPLYING WITH HEALTHCARE REGULATIONS, AND ENSURING SECURE TELEHEALTH SERVICES TO DRIVE SEGMENT 129
10.4.2 HEALTHCARE: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 130
TABLE 52 HEALTHCARE: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 130
TABLE 53 HEALTHCARE: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 130
10.5 IT AND TELECOM 130
10.5.1 GROWING DEMAND FOR SECURE AND EFFICIENT DATA COMMUNICATION, NETWORK INTEGRITY, AND DIGITAL SERVICES TO DRIVE SEGMENT 130
10.5.2 IT AND TELECOM: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 131
TABLE 54 IT AND TELECOM: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 131
TABLE 55 IT AND TELECOM: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 131
10.6 RETAIL 132
10.6.1 INCREASING RELIANCE ON ECOMMERCE, SECURE PAYMENT PROCESSING, AND CUSTOMER DATA PROTECTION TO DRIVE RETAIL VERTICAL 132
10.6.2 RETAIL: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 132
TABLE 56 RETAIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 132
TABLE 57 RETAIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 133
10.7 MANUFACTURING 133
10.7.1 NEED FOR SECURING INTELLECTUAL PROPERTY, SUPPLY CHAIN INTEGRITY, AND OPERATIONAL DATA TO DRIVE MANUFACTURING VERTICAL 133
10.7.2 MANUFACTURING: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 133
TABLE 58 MANUFACTURING: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 134
TABLE 59 MANUFACTURING: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 134
10.8 OTHER VERTICALS 134
10.8.1 OTHER VERTICALS: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 135
TABLE 60 OTHER VERTICALS: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 135
TABLE 61 OTHER VERTICALS: PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 135
11 PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION 136
11.1 INTRODUCTION 137
TABLE 62 PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2017–2022 (USD MILLION) 137
TABLE 63 PUBLIC KEY INFRASTRUCTURE MARKET, BY REGION, 2023–2028 (USD MILLION) 137
11.2 NORTH AMERICA 138
11.2.1 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 138
11.2.2 NORTH AMERICA: RECESSION IMPACT 139
11.2.3 NORTH AMERICA: REGULATORY LANDSCAPE 139
TABLE 64 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET REGULATIONS/ASSOCIATIONS 139
TABLE 65 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET COMPLIANCE AND DESCRIPTION 140
FIGURE 33 NORTH AMERICA: MARKET SNAPSHOT 141
TABLE 66 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 141
TABLE 67 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 142
TABLE 68 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 142
TABLE 69 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 142
TABLE 70 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 142
TABLE 71 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 143
TABLE 72 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 143
TABLE 73 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 143
TABLE 74 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 143
TABLE 75 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 144
TABLE 76 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 144
TABLE 77 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 144
TABLE 78 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 145
TABLE 79 NORTH AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 145
11.2.4 US 145
TABLE 80 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 145
TABLE 81 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 146
TABLE 82 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 146
TABLE 83 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 146
TABLE 84 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 146
TABLE 85 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 147
TABLE 86 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 147
TABLE 87 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 147
TABLE 88 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 147
TABLE 89 US: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 148
11.2.5 CANADA 148
TABLE 90 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 148
TABLE 91 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 149
TABLE 92 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 149
TABLE 93 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 149
TABLE 94 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 149
TABLE 95 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 150
TABLE 96 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 150
TABLE 97 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 150
TABLE 98 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 150
TABLE 99 CANADA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 151
11.3 EUROPE 151
11.3.1 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 152
11.3.2 EUROPE: RECESSION IMPACT 152
11.3.3 EUROPE: REGULATORY LANDSCAPE 152
TABLE 100 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET ASSOCIATIONS/REGULATIONS 153
TABLE 101 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET COMPLIANCE 153
TABLE 102 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 154
TABLE 103 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 154
TABLE 104 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 155
TABLE 105 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 155
TABLE 106 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 155
TABLE 107 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 155
TABLE 108 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 156
TABLE 109 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 156
TABLE 110 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 156
TABLE 111 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 156
TABLE 112 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 157
TABLE 113 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 157
TABLE 114 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 157
TABLE 115 EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 158
11.3.4 UK 158
TABLE 116 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 158
TABLE 117 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 159
TABLE 118 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 159
TABLE 119 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 159
TABLE 120 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 159
TABLE 121 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 160
TABLE 122 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 160
TABLE 123 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 160
TABLE 124 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 160
TABLE 125 UK: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 161
11.3.5 GERMANY 161
TABLE 126 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 161
TABLE 127 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 162
TABLE 128 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 162
TABLE 129 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 162
TABLE 130 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 162
TABLE 131 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 163
TABLE 132 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 163
TABLE 133 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 163
TABLE 134 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 163
TABLE 135 GERMANY: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 164
11.3.6 FRANCE 164
TABLE 136 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 164
TABLE 137 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 165
TABLE 138 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 165
TABLE 139 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 165
TABLE 140 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 165
TABLE 141 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 166
TABLE 142 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 166
TABLE 143 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 166
TABLE 144 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 166
TABLE 145 FRANCE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 167
11.3.7 REST OF EUROPE 167
TABLE 146 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 168
TABLE 147 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 168
TABLE 148 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 168
TABLE 149 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 168
TABLE 150 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 169
TABLE 151 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 169
TABLE 152 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 169
TABLE 153 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 169
TABLE 154 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 170
TABLE 155 REST OF EUROPE: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 170
11.4 ASIA PACIFIC 170
11.4.1 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 171
11.4.2 ASIA PACIFIC: RECESSION IMPACT 171
11.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE 172
TABLE 156 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET ASSOCIATIONS/REGULATIONS 172
TABLE 157 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET COMPLIANCE 172
FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT 174
TABLE 158 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 174
TABLE 159 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 175
TABLE 160 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 175
TABLE 161 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 175
TABLE 162 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 175
TABLE 163 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 176
TABLE 164 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 176
TABLE 165 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 176
TABLE 166 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 176
TABLE 167 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 177
TABLE 168 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 177
TABLE 169 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 177
TABLE 170 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 178
TABLE 171 ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 178
11.4.4 INDIA 178
TABLE 172 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 179
TABLE 173 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 179
TABLE 174 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 179
TABLE 175 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 179
TABLE 176 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 180
TABLE 177 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 180
TABLE 178 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 180
TABLE 179 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 180
TABLE 180 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 181
TABLE 181 INDIA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 181
11.4.5 CHINA 181
TABLE 182 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 182
TABLE 183 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 182
TABLE 184 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 182
TABLE 185 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 182
TABLE 186 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 183
TABLE 187 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 183
TABLE 188 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 183
TABLE 189 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 183
TABLE 190 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 184
TABLE 191 CHINA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 184
11.4.6 JAPAN 184
TABLE 192 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 185
TABLE 193 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 185
TABLE 194 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 185
TABLE 195 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 186
TABLE 196 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 186
TABLE 197 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 186
TABLE 198 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 186
TABLE 199 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 187
TABLE 200 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 187
TABLE 201 JAPAN: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 187
11.4.7 REST OF ASIA PACIFIC 188
TABLE 202 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 188
TABLE 203 EST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 189
TABLE 204 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 189
TABLE 205 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 189
TABLE 206 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 189
TABLE 207 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 190
TABLE 208 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 190
TABLE 209 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 190
TABLE 210 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 190
TABLE 211 REST OF ASIA PACIFIC: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 191
11.5 MIDDLE EAST & AFRICA 191
11.5.1 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 192
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 192
11.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE 192
TABLE 212 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET REGULATIONS/ ASSOCIATIONS 192
TABLE 213 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET COMPLIANCE AND DESCRIPTION 193
TABLE 214 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 193
TABLE 215 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 194
TABLE 216 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 194
TABLE 217 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 194
TABLE 218 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 194
TABLE 219 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 195
TABLE 220 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 195
TABLE 221 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 195
TABLE 222 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 195
TABLE 223 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 196
TABLE 224 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 196
TABLE 225 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 196
TABLE 226 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 197
TABLE 227 MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 197
11.5.4 UNITED ARAB EMIRATES 197
TABLE 228 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 198
TABLE 229 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 198
TABLE 230 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 198
TABLE 231 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 199
TABLE 232 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 199
TABLE 233 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 199
TABLE 234 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 199
TABLE 235 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 200
TABLE 236 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 200
TABLE 237 UNITED ARAB EMIRATES: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 200
11.5.5 SOUTH AFRICA 201
TABLE 238 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 201
TABLE 239 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 201
TABLE 240 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 201
TABLE 241 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 202
TABLE 242 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 202
TABLE 243 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 202
TABLE 244 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 202
TABLE 245 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 203
TABLE 246 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 203
TABLE 247 SOUTH AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 203
11.5.6 REST OF MIDDLE EAST & AFRICA 204
TABLE 248 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 204
TABLE 249 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 204
TABLE 250 REST OF MIDDLE EAST AND AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 205
TABLE 251 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 205
TABLE 252 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 205
TABLE 253 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 205
TABLE 254 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 206
TABLE 255 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 206
TABLE 256 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 206
TABLE 257 REST OF MIDDLE EAST & AFRICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 207
11.6 LATIN AMERICA 207
11.6.1 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET DRIVERS 208
11.6.2 LATIN AMERICA: RECESSION IMPACT 208
11.6.3 LATIN AMERICA: REGULATORY LANDSCAPE 208
TABLE 258 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET REGULATIONS/ASSOCIATIONS 209
TABLE 259 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET COMPLIANCE AND DESCRIPTION 209
TABLE 260 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 210
TABLE 261 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 210
TABLE 262 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 210
TABLE 263 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 210
TABLE 264 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 211
TABLE 265 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 211
TABLE 266 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 211
TABLE 267 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 211
TABLE 268 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2017–2022 (USD MILLION) 212
TABLE 269 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 212
TABLE 270 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 212
TABLE 271 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 213
TABLE 272 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 213
TABLE 273 LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 213
11.6.4 BRAZIL 214
TABLE 274 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 214
TABLE 275 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 214
TABLE 276 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 215
TABLE 277 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 215
TABLE 278 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 215
TABLE 279 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 215
TABLE 280 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 216
TABLE 281 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 216
TABLE 282 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 216
TABLE 283 BRAZIL: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 217
11.6.5 MEXICO 217
TABLE 284 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 218
TABLE 285 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 218
TABLE 286 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 218
TABLE 287 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 218
TABLE 288 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 219
TABLE 289 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 219
TABLE 290 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 219
TABLE 291 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 219
TABLE 292 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 220
TABLE 293 MEXICO: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 220
11.6.6 REST OF LATIN AMERICA 220
TABLE 294 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2017–2022 (USD MILLION) 221
TABLE 295 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 221
TABLE 296 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2017–2022 (USD MILLION) 221
TABLE 297 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 221
TABLE 298 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 222
TABLE 299 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 222
TABLE 300 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION) 222
TABLE 301 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 222
TABLE 302 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 223
TABLE 303 REST OF LATIN AMERICA: PUBLIC KEY INFRASTRUCTURE MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 223
12 COMPETITIVE LANDSCAPE 224
12.1 OVERVIEW 224
12.2 COMPANY EVALUATION MATRIX 224
12.2.1 DEFINITIONS AND METHODOLOGY 224
TABLE 304 EVALUATION CRITERIA 224
12.2.2 STARS 225
12.2.3 EMERGING LEADERS 225
12.2.4 PERVASIVE PLAYERS 225
12.2.5 PARTICIPANTS 225
FIGURE 35 PUBLIC KEY INFRASTRUCTURE MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2023 226
12.2.6 PRODUCT FOOTPRINT 227
FIGURE 36 PRODUCT FOOTPRINT OF KEY COMPANIES 227
TABLE 305 KEY COMPANY FOOTPRINT, BY OFFERING 227
TABLE 306 KEY COMPANY FOOTPRINT, BY DEPLOYMENT MODE 228
TABLE 307 KEY COMPANY FOOTPRINT, BY VERTICAL 229
TABLE 308 KEY COMPANY FOOTPRINT, BY REGION 229
12.3 STARTUP EVALUATION MATRIX 230
12.3.1 DEFINITIONS AND METHODOLOGY 230
12.3.2 PROGRESSIVE COMPANIES 230
12.3.3 RESPONSIVE COMPANIES 230
12.3.4 DYNAMIC COMPANIES 231
12.3.5 STARTING BLOCKS 231
FIGURE 37 PUBLIC KEY INFRASTRUCTURE MARKET (GLOBAL): STARTUP EVALUATION MATRIX, 2023 231
12.3.6 COMPETITIVE BENCHMARKING 232
FIGURE 38 PRODUCT FOOTPRINT OF STARTUPS 232
TABLE 309 STARTUP FOOTPRINT, BY OFFERING 232
TABLE 310 STARTUP FOOTPRINT, BY DEPLOYMENT MODE 232
TABLE 311 STARTUP FOOTPRINT, BY VERTICAL 233
TABLE 312 STARTUP FOOTPRINT, BY REGION 233
12.4 REVENUE ANALYSIS 233
FIGURE 39 REVENUE ANALYSIS OF KEY PUBLIC KEY INFRASTRUCTURE VENDORS 234
12.5 MARKET SHARE ANALYSIS 234
FIGURE 40 PUBLIC KEY INFRASTRUCTURE MARKET (GLOBAL): MARKET SHARE, 2023 234
TABLE 313 DEGREE OF COMPETITION 235
12.6 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN 235
TABLE 314 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN PKI MARKET 235
12.7 KEY MARKET DEVELOPMENTS 236
12.7.1 PRODUCT LAUNCHES 236
TABLE 315 PUBLIC KEY INFRASTRUCTURE MARKET: PRODUCT LAUNCHES, MARCH 2019–SEPTEMBER 2023 236
12.7.2 DEALS 239
TABLE 316 PUBLIC KEY INFRASTRUCTURE MARKET: DEALS, JANUARY 2020–AUGUST 2023 239
12.8 MARKET RANKING 243
FIGURE 41 MARKET RANKING IN 2022 243
13 COMPANY PROFILES 244
(Business overview, Solutions and services offered, Recent Developments, MNM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *
13.1 INTRODUCTION 244
13.2 KEY PLAYERS 244
13.2.1 THALES 244
TABLE 317 THALES: BUSINESS OVERVIEW 244
FIGURE 42 THALES: COMPANY SNAPSHOT 245
TABLE 318 THALES: SOLUTIONS OFFERED 245
TABLE 319 THALES: SERVICES OFFERED 246
TABLE 320 THALES: PRODUCT LAUNCHES 246
TABLE 321 THALES: DEALS 246
13.2.2 ENTRUST DATACARD 249
TABLE 322 ENTRUST DATACARD: BUSINESS OVERVIEW 249
TABLE 323 ENTRUST DATACARD: SOLUTIONS OFFERED 249
TABLE 324 ENTRUST DATACARD: PRODUCT LAUNCHES AND ENHANCEMENTS 250
TABLE 325 ENTRUST DATACARD: DEALS 251
13.2.3 DIGICERT 253
TABLE 326 DIGICERT: BUSINESS OVERVIEW 253
TABLE 327 DIGICERT: SOLUTIONS OFFERED 253
TABLE 328 DIGICERT: SERVICES OFFERED 253
TABLE 329 DIGICERT: PRODUCT LAUNCHES AND ENHANCEMENTS 254
TABLE 330 DIGICERT: DEALS 254
13.2.4 MANAGEENGINE 256
TABLE 331 MANAGEENGINE: BUSINESS OVERVIEW 256
TABLE 332 MANAGEENGINE: SOLUTIONS OFFERED 256
TABLE 333 MANAGEENGINE: PRODUCT LAUNCHES AND ENHANCEMENTS 257
TABLE 334 MANAGEENGINE: DEALS 257
13.2.5 MICROSOFT 259
TABLE 335 MICROSOFT: BUSINESS OVERVIEW 259
FIGURE 43 MICROSOFT: COMPANY SNAPSHOT 260
TABLE 336 MICROSOFT: SOLUTIONS OFFERED 260
TABLE 337 MICROSOFT: PRODUCT LAUNCHES 261
TABLE 338 MICROSOFT: DEALS 261
13.2.6 HID GLOBAL 263
TABLE 339 HID GLOBAL: BUSINESS OVERVIEW 263
TABLE 340 HID GLOBAL: SOLUTIONS OFFERED 263
TABLE 341 HID GLOBAL: SERVICES OFFERED 264
TABLE 342 HID GLOBAL: PRODUCT LAUNCHES 264
TABLE 343 HID GLOBAL: DEALS 265
13.2.7 GOOGLE 266
TABLE 344 GOOGLE: BUSINESS OVERVIEW 266
FIGURE 44 GOOGLE: COMPANY SNAPSHOT 267
TABLE 345 GOOGLE: SOLUTIONS OFFERED 267
TABLE 346 GOOGLE: PRODUCT LAUNCHES 268
TABLE 347 GOOGLE: DEALS 268
13.2.8 AMAZON WEB SERVICES 269
TABLE 348 AMAZON WEB SERVICES: BUSINESS OVERVIEW 269
FIGURE 45 AMAZON WEB SERVICES: COMPANY SNAPSHOT 269
TABLE 349 AMAZON WEB SERVICES: SOLUTIONS OFFERED 270
13.3 OTHER PLAYERS 271
13.3.1 APPVIEWX 271
TABLE 350 APPVIEWX: BUSINESS OVERVIEW 271
TABLE 351 APPVIEWX: SOLUTIONS OFFERED 271
TABLE 352 APPVIEWX: DEALS 272
TABLE 353 APPVIEWX: OTHERS 272
13.3.2 VENAFI 273
TABLE 354 VENAFI: BUSINESS OVERVIEW 273
TABLE 355 VENAFI: SOLUTIONS OFFERED 273
TABLE 356 VENAFI: SERVICES OFFERED 273
TABLE 357 VENAFI: PRODUCT LAUNCHES 274
TABLE 358 VENAFI: DEALS 274
13.3.3 NEXUS 275
TABLE 359 NEXUS: BUSINESS OVERVIEW 275
TABLE 360 NEXUS: SOLUTIONS OFFERED 275
TABLE 361 NEXUS: DEALS 276
13.3.4 SECTIGO 277
13.3.5 FUTUREX 277
13.3.6 GLOBALSIGN 278
13.3.7 WISEKEY 278
13.3.8 CYGNACOM SOLUTIONS 279
13.3.9 KEYFACTOR 279
13.3.10 SSL.COM 280
13.3.11 STORMSHIELD 280
13.3.12 LAWTRUST 281
13.3.13 SOFTLOCK 281
13.3.14 SECARDEO GMBH 282
13.3.15 BLUE RIDGE NETWORKS 282
13.3.16 SECUREMETRIC 283
13.3.17 ENIGMA INFORMATION SECURITY SYSTEMS 283
*Details on Business overview, Solutions and services offered, Recent Developments, MNM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 ADJACENT MARKETS 284
14.1 INTRODUCTION TO ADJACENT MARKETS 284
TABLE 362 ADJACENT MARKETS AND FORECASTS 284
14.1.1 LIMITATIONS 284
14.2 DIGITAL SIGNATURE MARKET 284
TABLE 363 DIGITAL SIGNATURE MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 284
TABLE 364 DIGITAL SIGNATURE MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 285
TABLE 365 DIGITAL SIGNATURE MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 285
TABLE 366 DIGITAL SIGNATURE MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 285
14.3 CERTIFICATE AUTHORITY MARKET 286
TABLE 367 CERTIFICATE AUTHORITY MARKET, BY OFFERING, 2017–2022 (USD MILLION) 286
TABLE 368 CERTIFICATE AUTHORITY MARKET, BY OFFERING, 2023–2028 (USD MILLION) 286
TABLE 369 CERTIFICATE AUTHORITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 287
TABLE 370 CERTIFICATE AUTHORITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 287
15 APPENDIX 288
15.1 DISCUSSION GUIDE 288
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 292
15.3 CUSTOMIZATION OPTIONS 294
15.4 RELATED REPORTS 294
15.5 AUTHOR DETAILS 295
