The global DC and PKI market size is slated to gain swift growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to surpass a valuation of USD 8,027.9 million in 2023. It is anticipated to achieve a valuation of USD 56,902.1 million by 2033. The market is anticipated to thrive at an astronomical CAGR of 21.6% from 2023 to 2033.
With the high need for providing device authentication to end users, the importance of PKI has increased immensely in the business world providing a great impetus for the growth of the PKI market on the global level. The current technological world is evolving constantly along with creating a huge demand for digital authentication frameworks.
Public key infrastructure, PKI is the platform that issues digital certificates or DC to enterprises operating or communicating with their users over the internet. By implementing PKI for digital signature enterprises take a step further in authenticating the information for protecting any sensitive and confidential data. The use of PKI for security has increased the trust of users creating a huge demand for such services in the global market.
| Attributes | Details |
|---|---|
| DC and PKI Market Share (2022) | USD 6,689.9 million |
| DC and PKI Market Share (2023) | USD 8,027.9 million |
| DC and PKI Market Share (2033) | USD 56,902.1 million |
| DC and PKI Market Share (2023 to 2033) | 21.6% |
The global DC and PKI industry size developed at a CAGR of 19.5% from 2018 to 2022. In 2018, the global market size stood at USD 3,275.1 million. In the following years, the market witnessed significant growth, accounting for USD 6,689.9 million in 2022.
Organizations need reliable and scalable data center infrastructure due to the growth of digital data and the rising demand for cloud computing. Massive volumes of data need to be stored, processed, and managed, and data centers provide the foundation for doing this. Further, they also offer the processing power and storage space required to satisfy the rising demands of enterprises.
The advent of virtualization and cloud computing technologies has had a big influence on the DC industry. To provide Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS) solutions, cloud service providers and businesses rely on data centers. The growth of the market is being fueled by the rising demand for cloud services and the requirement for a dependable and effective data center infrastructure.
Public key encryption solutions have become an essential part of every online business as cyber-attacks have become a regular incidence in recent years. Prevention of such incidents and protection of sensitive data have provided the necessary impetus for the growth of the market.
The rise in the number of e-commerce sites over online platforms has created a competitive retail market in the present world. Furthermore, digital verification technologies have emerged as a relief in such situations for the protection of online assets and the interests of customers. Many e-commerce websites have also adopted online messaging services to establish a direct channel with consumers increasing the vulnerability of fraudulent transactions and forged practices.
As per the market analysis report, the public key infrastructure market is estimated to experience huge growth in the coming years owing to the growing volume of the online retail market.
Growth in digital literacy and the number of internet users in developing countries is expected to play an indirect role in the growth of the global market from 2023 to 2033. Further, the introduction of other digital technologies such as the Internet of Things or IoT and industrial Internet of Things or IoT is expected to create a huge demand for PKI in IoT that can further augment the global public key infrastructure market.
Limited awareness and knowledge about the PKI for digital signature technology among the public as well as business entities are predicted to hamper the growth of the global market for some years ahead.
Other economic downturns leading to lower traffic of customers on the online portals of the e-commerce website can also have a significant negative impact on the PKI for digital signature service providers.
The establishment of private certification authorities or the use of self-signed certificates by many organizations is a prominent challenge faced by dedicated PKI document-signing service providers in the market. Small and medium enterprises mostly prefer to obtain certificate encryption through such private entities due to a lack of sufficient funds or other reasons.
The inability of SMEs to obtain digital certification services from global players is anticipated to restrain the growth of the global market during the forecast period.
What are the Different Segments of the Market Based on the Solution
As the provision of digital certificates is prominently based on online channels so the software solution is the dominating segment in the process and implementation of PKI document signing. Furthermore, with the advent of Cloud systems, the use of hardware security modules has dropped significantly in the recent past.
With the further development of cloud PKI solutions, the software segment is expected to witness huge demand that can drive the market segment at a CAGR of 22.3% as per the report. Nonetheless, the demand for the hardware segment by solutions is likely to remain high during the forecast period. In 2022, the hardware segment captured a 59.3% share of the global market.
Implementation of software solutions on local servers for using PKI as a service is the first stage of development in the market that is still used by many business operators. However, due to the advantages associated with cloud-based systems and affordable data prices, many companies are upgrading their systems to cloud PKI solutions for better results.
During the forecasted years, it is estimated that the cloud segment can dominate the private key infrastructure market by completely replacing the on-premises segment.
The on-premise segment is predicted to gain dominance during the forecast period. In 2022, the on-premise deployment segment garnered a 54.4% share of the global market.
Among the different verticals based on the various applications of the PKI for security services, Banking, Financial Services and Insurance (BFSI) are the prominent users. As per the data records obtained by the FMI, this segment was estimated to be contributing nearly USD 1.47 billion to the global private key infrastructure market.
Digitization of the existing financial infrastructure in every country is propelling the growth of this segment which is expected to witness a CAGR of 24.8% over the forecast timeframe. Other prominent verticals having a high application of PKI for digital signatures are the government & defense sector and the manufacturing sector.
Given the sensitivity of the data, government and defense, sectors contribute a prominent portion of the global DC and PKI market size. But the manufacturing sector contributes a high volume of traffic on websites and portals also making it an essential segment of the global market.
Based on the broad geographical division of the global digital certificate and private key infrastructure market, North America dominates the market. Moreover, this region is poised to continue the leading position in the global market during the forecast period due to the factors such as:
As per the market analysis report of FMI, the market in the United States alone is estimated to value at around USD 17.9 billion by the year 2033. In 2022, The United States captured an 18.1% share of the global market.
The region of Asia Pacific is also turning out to be a prominent attraction for the market players providing PKI user certificates in recent times. Booming IT industries and high government spending on strengthening the digital infrastructure in emerging economies is the prominent reason for the high growth rate in the use of PKI as a service in this region. In 2022, China, India, and Japan captured 20.8%, 25.2%, and 5.4% shares in the global market.
| Countries | CAGR Share in Global Market (2022) |
|---|---|
| The United States | 18.1% |
| The United Kingdom | 23.8% |
| China | 20.8% |
| Japan | 5.4% |
| India | 25.2% |
How Strong Is the Competition in the Global Market?
Over the years. Several players have emerged in different regions making the global public key infrastructure market highly competitive these days. The top players such as Microsoft PKI infrastructure or even the Sectigo private PKI have built a trusted name over the years in this domain.
Collaboration and long-term agreements with software development companies is the prominent strategy adopted by most of the players in the global market.
Recent Developments Observed by FMI:
| Attributes | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; The Middle East & Africa (MEA) |
| Key Countries Covered | The United States, Canada, Germany, The United Kingdom, Nordic, Russia, BENELUX, Poland, France, Spain, Italy, Czech Republic, Hungary, Rest of EMEAI, Brazil, Peru, Argentina, Mexico, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, ASIAN, Thailand, Malaysia, Indonesia, Australia, New Zealand, Others |
| Key Segments Covered | Solution, Deployment Model, Application, Region |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Europe Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 15: Europe Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: South Asia Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 19: South Asia Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 20: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: East Asia Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 23: East Asia Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 24: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Oceania Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 27: Oceania Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 28: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: MEA Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Deployment Model, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Solution, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 17: Global Market Attractiveness by Solution, 2023 to 2033
Figure 18: Global Market Attractiveness by Deployment Model, 2023 to 2033
Figure 19: Global Market Attractiveness by Application, 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Solution, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 37: North America Market Attractiveness by Solution, 2023 to 2033
Figure 38: North America Market Attractiveness by Deployment Model, 2023 to 2033
Figure 39: North America Market Attractiveness by Application, 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Solution, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 57: Latin America Market Attractiveness by Solution, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Deployment Model, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Europe Market Value (US$ Million) by Solution, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 63: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Europe Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 69: Europe Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 71: Europe Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 72: Europe Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 73: Europe Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 75: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 76: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 77: Europe Market Attractiveness by Solution, 2023 to 2033
Figure 78: Europe Market Attractiveness by Deployment Model, 2023 to 2033
Figure 79: Europe Market Attractiveness by Application, 2023 to 2033
Figure 80: Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: South Asia Market Value (US$ Million) by Solution, 2023 to 2033
Figure 82: South Asia Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 83: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: South Asia Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 89: South Asia Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 91: South Asia Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 92: South Asia Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 94: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 95: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 96: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 97: South Asia Market Attractiveness by Solution, 2023 to 2033
Figure 98: South Asia Market Attractiveness by Deployment Model, 2023 to 2033
Figure 99: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 101: East Asia Market Value (US$ Million) by Solution, 2023 to 2033
Figure 102: East Asia Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 103: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: East Asia Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 109: East Asia Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 112: East Asia Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 114: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 117: East Asia Market Attractiveness by Solution, 2023 to 2033
Figure 118: East Asia Market Attractiveness by Deployment Model, 2023 to 2033
Figure 119: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 121: Oceania Market Value (US$ Million) by Solution, 2023 to 2033
Figure 122: Oceania Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 123: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: Oceania Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 129: Oceania Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 131: Oceania Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 132: Oceania Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 134: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 135: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 136: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 137: Oceania Market Attractiveness by Solution, 2023 to 2033
Figure 138: Oceania Market Attractiveness by Deployment Model, 2023 to 2033
Figure 139: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 141: MEA Market Value (US$ Million) by Solution, 2023 to 2033
Figure 142: MEA Market Value (US$ Million) by Deployment Model, 2023 to 2033
Figure 143: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: MEA Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 149: MEA Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 150: MEA Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) Analysis by Deployment Model, 2018 to 2033
Figure 152: MEA Market Value Share (%) and BPS Analysis by Deployment Model, 2023 to 2033
Figure 153: MEA Market Y-o-Y Growth (%) Projections by Deployment Model, 2023 to 2033
Figure 154: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 155: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 157: MEA Market Attractiveness by Solution, 2023 to 2033
Figure 158: MEA Market Attractiveness by Deployment Model, 2023 to 2033
Figure 159: MEA Market Attractiveness by Application, 2023 to 2033
Figure 160: MEA Market Attractiveness by Country, 2023 to 2033
The rise in e-commerce sites over online platforms drives market growth.
Limited awareness and knowledge about the PKI for digital signature technology.
The market is expected to expand at a CAGR of 21.6% through 2033.
The on-premises segment is predicted to gain dominance during the forecast period.
GMO GlobalSign Inc.,GoDaddy Group, and Version Inc. are key players in the market.
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DC and PKI Market
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