South Africa Public Key Infrastructure Market Size & Outlook

The public key infrastructure market in South Africa is expected to reach a projected revenue of US$ 279.7 million by 2030. A compound annual growth rate of 23.1% is expected of South Africa public key infrastructure market from 2025 to 2030.
Revenue, 2024 (US$M)
$82.1
Forecast, 2030 (US$M)
$279.7
CAGR, 2025 - 2030
23.1%
Report Coverage
South Africa

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South Africa public key infrastructure market, 2018-2030 (US$M)

South Africa public key infrastructure market, 2018-2030 (US$M)

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South Africa public key infrastructure market highlights

  • The South Africa public key infrastructure market generated a revenue of USD 82.1 million in 2024 and is expected to reach USD 279.7 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 23.1% from 2025 to 2030.
  • In terms of segment, solutions was the largest revenue generating component in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Public key infrastructure market data book summary

Market revenue in 2024USD 82.1 million
Market revenue in 2030USD 279.7 million
Growth rate23.1% (CAGR from 2025 to 2030)
Largest segmentSolutions
Fastest growing segmentServices
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware Security Modules (HSM), Solutions, Services


Other key industry trends

  • In terms of revenue, South Africa accounted for 1.3% of the global public key infrastructure market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa public key infrastructure market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 279.7 million by 2030.

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Public Key Infrastructure Market Companies

Name Profile # Employees HQ Website
Stormshield View profile 251-500 Issy-les-moulineaux, Ile-de-France, France, Europe https://www.stormshield.com
Sectigo View profile 501-1000 Scottsdale, Arizona, United States, North America https://www.sectigo.com/
Keyfactor View profile 251-500 Independence, Ohio, United States, North America https://www.keyfactor.com
Futurex View profile 101-250 Bulverde, Texas, United States, North America http://www.futurex.com
eMudhra View profile 501-1000 Houston, Texas, United States, North America http://www.emudhra.com/
AppViewX View profile 501-1000 New York, New York, United States, North America https://www.appviewx.com
GMO GlobalSign View profile 251-500 Portsmouth, New Hampshire, United States, North America http://www.globalsign.com
SSL View profile 11-50 Houston, Texas, United States, North America http://ssl.com/
DigiCert View profile 1001-5000 Lindon, Utah, United States, North America http://www.digicert.com/
Microsoft Corporation View profile - - -
Google LLC View profile - - -
Amazon Web Services, Inc. View profile - - -
HID Global View profile 1001-5000 Irvine, California, United States, North America http://www.hidglobal.com
WISeKey International Holding Ltd ADR View profile 102 General-Guisan-Strasse 6, Zug, Switzerland, CH-6300 https://www.wisekey.com
Enigma View profile 11-50 London, England, United Kingdom, Europe https://www.enigma-securities.io
Entrust Inc. View profile 101-250 Katy, Texas, United States, North America http://entrustinc.com

South Africa public key infrastructure market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to public key infrastructure market will help companies and investors design strategic landscapes.


Solutions was the largest segment with a revenue share of 67.36% in 2024. Horizon Databook has segmented the South Africa public key infrastructure market based on hardware security modules (hsm), solutions, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of public key infrastructure market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa public key infrastructure market , including forecasts for subscribers. This country databook contains high-level insights into South Africa public key infrastructure market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa public key infrastructure market size, by component, 2018-2030 (US$M)

South Africa Public Key Infrastructure Market Outlook Share, 2024 & 2030 (US$M)

South Africa public key infrastructure market size, by component, 2018-2030 (US$M)

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