Asia Pacific Public Key Infrastructure Market Forecast to 2030

According to the Research Team’ research, the Asia Pacific public key infrastructure market was valued at US$ 842.52 million in 2022 and is expected to reach US$ 3,311.33 million by 2030, registering a CAGR of 18.7% from 2022 to 2030. Growing logistics and e-commerce sectors and blockchain integration are among the critical factors attributed to the Asia Pacific public key infrastructure market expansion.

The growth in consumer disposable income, changes in their lifestyle, and purchasing patterns have contributed to a rise in sales of online goods and products. Consumers prefer to shop online as the shopping platforms offer a selection from an enormous range of products and save time and money compared to brick-and-mortar stores. In addition, the rise in the penetration of the internet and smartphones drives the e-commerce industry. For instance, per the India Brand Equity Foundation, the online shopper base in India was 150 million in 2021 and is expected to reach 350 million by 2026. Also, the growth in the e-commerce industry is contributing to increased transportation of goods, leading to the expansion of the logistics sector. As logistic companies transfer goods from one place to another, they consist of various consumer data, including online transaction information. In order to protect this data, logistics companies use public key infrastructure, such as regular key rotation and current cryptographic standards, raising the demand for public key infrastructure solutions in the logistics industry.

Furthermore, the nature of online transactions has changed rapidly over time with advancements in technology. The e-commerce industry has witnessed rapid growth across the globe, which has raised the need for the security of data on the e-commerce platform. Confidentiality, integrity, and non-repudiation are essential components of data security. Data encryption technology has drawn tremendous interest as an active security defense technique since it offers cost-effective and strong information security protection. Moreover, in the age of big data, it is challenging to play a security function using conventional data encryption techniques and Internet protocols, which is raising the demand for public key infrastructure solutions. Combining encryption technology with the public key technology of SSL protocol (Secure Sockets Layer Protocol) and SET protocol (Secure Electronic Transaction) can help improve communication confidentiality and transaction credibility of e-commerce platforms. This advancement improves the security defense capability of the e-commerce and logistics sectors through a higher encryption level. Thus, growing logistics and e-commerce sectors boost the growth of the public key infrastructure market.

On the contrary, lack of technically skilled professionals hampers the Asia Pacific public key infrastructure market.

Based on component, the Asia Pacific public key infrastructure market is segmented into solutions and services. The solutions segment held 77.3% share of Asia Pacific public key infrastructure market in 2022, amassing US$ 651.22 million. It is projected to garner US$ 2,522.82 million by 2030 to expand at 18.4% CAGR during 2022-2030. The services segment is further sub segmented into professional services and managed services.

Based on deployment, the Asia Pacific public key infrastructure market is segmented into on-premise and cloud. The on-premise segment held 61.0% share of Asia Pacific public key infrastructure market in 2022, amassing US$ 514.14 million. It is projected to garner US$ 1,935.00 million by 2030 to expand at 18.0% CAGR during 2022-2030.

Based on enterprise size, the Asia Pacific public key infrastructure market is segmented into SMEs and large enterprises. The large enterprises segment held 69.4% share of Asia Pacific public key infrastructure market in 2022, amassing US$ 584.73 million. It is projected to garner US$ 2,209.67 million by 2030 to expand at 18.1% CAGR during 2022-2030.

Based on end user, the Asia Pacific public key infrastructure market is segmented into BFSI, retail & e-commerce, government & defense, IT & telecom, manufacturing & automotive, and others. The BFSI segment held 31.2% share of Asia Pacific public key infrastructure market in 2022, amassing US$ 262.74 million. It is projected to garner US$ 980.24 million by 2030 to expand at 17.9% CAGR during 2022-2030.

Based on country, the Asia Pacific public key infrastructure market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 27.9% share of Asia Pacific public key infrastructure market in 2022. It was assessed at US$ 234.73 million in 2022 and is likely to hit US$ 986.11 million by 2030, exhibiting a CAGR of 19.7% during 2022-2030.

Key players operating in the Asia Pacific public key infrastructure market are Digicert Inc., eMudhra Limited, Entrust Corp, Fortinet Inc., GMO GlobalSign Ltd, Sectigo Ltd, Securemetric Berhad, and Thales SA, among others.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Public Key Infrastructure Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
4.3 Premium Insights
4.3.1 Strengths and Weakness of Public Key Infrastructure
4.3.1.1 Strength
4.3.1.2 Weakness
4.3.2 Blockchain and Public Key Infrastructure
5. Asia Pacific Public Key Infrastructure Market – Key Industry Dynamics
5.1 Asia Pacific Public Key Infrastructure Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Cybersecurity Threats Across Industries
5.2.2 Growing Logistics and E-Commerce Sectors
5.2.3 Increasing Number of Connected Devices
5.3 Market Restraints
5.3.1 Lack of Technically Skilled Professionals
5.4 Market Opportunities
5.4.1 Blockchain Integration
5.5 Future Trends
5.5.1 Increasing Use of Digital Certificates in Various Applications
5.6 Impact of Drivers and Restraints:
6. Public Key Infrastructure Market – Asia Pacific Market Analysis
6.1 Asia Pacific Public Key Infrastructure Market Revenue (US$ Million), 2022 – 2030
6.2 Asia Pacific Public Key Infrastructure Market Forecast and Analysis
7. Asia Pacific Public Key Infrastructure Market Analysis – Component
7.1 Solutions
7.1.1 Overview
7.1.2 Solutions: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Professional Services
7.2.3.1 Overview
7.2.3.2 Professional Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
7.2.4 Managed Services
7.2.4.1 Overview
7.2.4.2 Managed Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Public Key Infrastructure Market Analysis – Deployment
8.1 On-Premise
8.1.1 Overview
8.1.2 On-Premise: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
8.2 Cloud
8.2.1 Overview
8.2.2 Cloud: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Public Key Infrastructure Market Analysis – Enterprise Size
9.1 SMEs
9.1.1 Overview
9.1.2 SMEs: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
9.2 Large Enterprises
9.2.1 Overview
9.2.2 Large Enterprises: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Public Key Infrastructure Market Analysis – End User
10.1 Banking, Financial Services, & Insurance (BFSI)
10.1.1 Overview
10.1.2 BFSI: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10.2 Retail & e-Commerce
10.2.1 Overview
10.2.2 Retail & e-Commerce: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10.3 Government & Defense
10.3.1 Overview
10.3.2 Government & Defense: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10.4 IT & Telecom
10.4.1 Overview
10.4.2 IT & Telecom: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10.5 Manufacturing & Automotive
10.5.1 Overview
10.5.2 Manufacturing & Automotive: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
11. Asia Pacific Public Key Infrastructure Market – Country Analysis
11.1 Asia Pacific Public Key Infrastructure Market
11.1.1 Asia Pacific Public Key Infrastructure Market, by Key Country
11.1.1.1 Australia: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.1.1 Australia: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.1.2 Australia: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.1.3 Australia: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.1.4 Australia: Asia Pacific Public Key Infrastructure Market, by End User
11.1.1.2 China: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.2.1 China: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.2.2 China: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.2.3 China: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.2.4 China: Asia Pacific Public Key Infrastructure Market, by End User
11.1.1.3 India: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.3.1 India: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.3.2 India: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.3.3 India: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.3.4 India: Asia Pacific Public Key Infrastructure Market, by End User
11.1.1.4 Japan: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.4.1 Japan: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.4.2 Japan: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.4.3 Japan: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.4.4 Japan: Asia Pacific Public Key Infrastructure Market, by End User
11.1.1.5 South Korea: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.5.1 South Korea: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.5.2 South Korea: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.5.3 South Korea: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.5.4 South Korea: Asia Pacific Public Key Infrastructure Market, by End User
11.1.1.6 Rest of APAC: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
11.1.1.6.1 Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Component
11.1.1.6.2 Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Deployment
11.1.1.6.3 Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Enterprise Size
11.1.1.6.4 Rest of APAC: Asia Pacific Public Key Infrastructure Market, by End User
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Digicert Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 eMudhra Limited
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Entrust Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Securemetric Berhad
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Fortinet Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sectigo Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Thales SA
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 GMO GlobalSign Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

Table 1. Asia Pacific Public Key Infrastructure Market Segmentation
Table 2. Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Table 3. Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million) -Component
Table 4. Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million) – Deployment
Table 5. Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million) – Enterprise Size
Table 6. Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million) – End User
Table 7. Australia: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 8. Australia: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 9. Australia: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 10. Australia: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 11. China: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 12. China: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 13. China: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 14. China: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 15. India: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 16. India: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 17. India: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 18. India: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 19. Japan: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 20. Japan: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 21. Japan: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 22. Japan: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 23. South Korea: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 24. South Korea: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 25. South Korea: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 26. South Korea: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 27. Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 28. Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Deployment -Revenue and Forecast to 2030 (US$ Million)
Table 29. Rest of APAC: Asia Pacific Public Key Infrastructure Market, by Enterprise Size -Revenue and Forecast to 2030 (US$ Million)
Table 30. Rest of APAC: Asia Pacific Public Key Infrastructure Market, by End User -Revenue and Forecast to 2030 (US$ Million)
Table 31. List of Abbreviation

Figure 1. Asia Pacific Public Key Infrastructure Market Segmentation, By Country
Figure 2. Ecosystem: Asia Pacific Public Key Infrastructure Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Public Key Infrastructure Market Revenue (US$ Million), 2022 – 2030
Figure 5. Asia Pacific Public Key Infrastructure Market Share (%) -Component, 2022 and 2030
Figure 6. Solutions: Asia Pacific Public Key Infrastructure Market Revenue and Forecast To 2030 (US$ Million)
Figure 7. Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast To 2030 (US$ Million)
Figure 8. Professional Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast To 2030 (US$ Million)
Figure 9. Managed Services: Asia Pacific Public Key Infrastructure Market Revenue and Forecast To 2030 (US$ Million)
Figure 10. Asia Pacific Public Key Infrastructure Market Share (%) – Deployment, 2022 and 2030
Figure 11. On-Premise: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. Cloud: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Asia Pacific Public Key Infrastructure Market Share (%) – Enterprise Size, 2022 and 2030
Figure 14. SMEs: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 15. Large Enterprises: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 16. Asia Pacific Public Key Infrastructure Market Share (%) – End User, 2022 and 2030
Figure 17. BFSI: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Retail & e-Commerce: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Government & Defense: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. IT & Telecom: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Manufacturing & Automotive: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 22. Others: Asia Pacific Public Key Infrastructure Market Revenue and Forecast to 2030 (US$ Million)
Figure 23. Asia Pacific Public Key Infrastructure Market, By Key Country – Revenue (2022) (US$ Million)
Figure 24. Asia Pacific Public Key Infrastructure Market Revenue Share, by Key Country (2022 and 2030)
Figure 25. Australia: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 26. China: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 27. India: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 28. Japan: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 29. South Korea: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 30. Rest of APAC: Asia Pacific Public Key Infrastructure Market – Revenue, and Forecast to 2030 (US$ Million)