Global Public Key Accelerator Market Growth (Status and Outlook) 2025-2031

The global Public Key Accelerator market size is predicted to grow from US$ 8820 million in 2025 to US$ 16890 million in 2031; it is expected to grow at a CAGR of 11.4% from 2025 to 2031.

A Public Key Accelerator (PKA) is a specialized hardware or software component designed to accelerate public key operations in cryptographic systems. Public key cryptography involves asymmetric encryption algorithms that use a pair of keys, namely a public key and a private key, for encryption and decryption operations.

Increasing Demand for Secure Communication: The growing need for secure communication in various industries and applications drives the demand for PKAs. PKAs are crucial in enabling secure data transmission, encryption, and decryption, ensuring the confidentiality and integrity of sensitive information. The market trend is towards PKAs that provide efficient and high-performance cryptographic operations to support secure communication requirements.

Rise of Cloud Computing and Data Centers: The expansion of cloud computing and the increasing volume of data processed in data centers create a demand for PKAs. PKAs can offload computationally intensive public key operations from general-purpose processors, improving the performance and scalability of cryptographic systems. The market trend is towards PKAs that can meet the high-performance requirements of cloud computing and data center environments.

Growth in IoT Security: With the proliferation of Internet of Things (IoT) devices, the demand for PKAs that can secure IoT communications and transactions is increasing. PKAs play a crucial role in enabling secure and authenticated communication between IoT devices, protecting sensitive data, and ensuring the integrity of IoT ecosystems. The market trend is towards PKAs that are optimized for IoT security requirements and can handle resource-constrained IoT devices.

Compliance with Data Privacy Regulations: The enforcement of data privacy regulations, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), drives the demand for PKAs that can help organizations comply with these regulations. PKAs can enhance data protection by providing secure encryption and authentication mechanisms. The market trend is towards PKAs that support compliance with data privacy regulations and provide robust security measures.

Integration with Hardware Security Modules (HSMs): PKAs are often integrated with Hardware Security Modules to provide a comprehensive security solution. HSMs offer secure key management and storage capabilities, while PKAs accelerate the cryptographic operations performed by the HSMs. The market trend is towards PKAs that seamlessly integrate with HSMs, providing a combined solution for secure key management and accelerated cryptographic operations.

These trends reflect the increasing demand for PKAs driven by the need for secure communication, the rise of cloud computing and data centers, IoT security requirements, compliance with data privacy regulations, and the integration with hardware security modules.

LPI (LP Information)' newest research report, the “Public Key Accelerator Industry Forecast” looks at past sales and reviews total world Public Key Accelerator sales in 2024, providing a comprehensive analysis by region and market sector of projected Public Key Accelerator sales for 2025 through 2031. With Public Key Accelerator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Public Key Accelerator industry.

This Insight Report provides a comprehensive analysis of the global Public Key Accelerator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Public Key Accelerator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Public Key Accelerator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Public Key Accelerator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Public Key Accelerator.

This report presents a comprehensive overview, market shares, and growth opportunities of Public Key Accelerator market by product type, application, key players and key regions and countries.

Segmentation by Type:
32-bit
128-bit
Others

Segmentation by Application:
Government
Military
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Synopsys
Rambus
Silex Insight
Tiempo Secure
Secure-IC
Berten
STMicroelectronics
NVIDIA
Analog Devices
TI
NXP Semiconductors

Please note: The report will take approximately 2 business days to prepare and deliver.