Digital Trust Market Size, Share and Trends 2025 to 2034

Digital Trust Market Size and Forecast 2025 to 2034

The global digital trust market size was calculated at USD 98.99 billion in 2024 and is predicted to reach around USD 296.64 billion by 2034, expanding at a CAGR of 11.60% from 2025 to 2034. The market is expanding with the increasing prevalence of data breaches and cyber threats; many organizations are looking for robust solutions to safeguard their crucial data to build confidence among their consumers, which is a major driving factor for the market.

Digital Trust Market Key Takeaways 

• North America dominated the global digital trust market with the largest market share of 43% in 2024.
• Asia Pacific is expected to witness the fastest growth in the market during the forecast period.
• By solution, the fraud detection and prevention segment accounted for the largest market share in 2024.
• By solution, the identity and access management segment is expected to witness the fastest growth rate in the foreseeable period. 
• By enterprise size, the large enterprises segment held the dominant share in 2024.
• By enterprise size, the small and medium enterprises segment is expected to showcase the fastest growth in the upcoming period.
• By end user, the IT and telecom segment accounted for the largest market share of 21% in 2024.
• By end user, the manufacturing segment will witness the fastest growth in the market during the foreseeable period.
• By deployment, the on-premises segment accounted for the largest share in 2024.
• By deployment, the cloud segment is anticipated to witness the fastest growth in the foreseen period.

Artificial Intelligence (AI) Impact on the Digital Trust Market 

Artificial Intelligence is pervading every leading sector, including digital trust. Digital trust has always been a milestone for online transactions in the evolving digital world. The most significant impact of AI on digital trust is in the realm of data security. AI presents powerful tools to increase security at a robust level. AI-driven systems can predetermine anomalies, detect security breaches, and respond to threats easily within less time than humans can take to detect them manually. 

Due to this, AI is deeply rooted in business operations, including the regulatory landscape, which keeps changing with new updates. Such a prompt approach to threat detection can build trust among consumers that their data is in a safe place. CCPA in California to GDPR from Europe, regulations are constantly focusing on the integration of AI and its impact on digital trust and safety as maintaining and building trust among consumers is a key component that drives the business further and expands its horizon globally.

U.S. Digital Trust Market Size and Growth 2025 to 2034

The U.S. digital trust market size was exhibited at USD 31.92 billion in 2024 and is projected to be worth around USD 97.42 billion by 2034, growing at a CAGR of 11.80% from 2025 to 2034.

North America dominated the global digital trust market in 2024. The growth of this region is due to the increasing adoption of the digital landscape for major activities of every sector, which is expected to propel this market further. With the increasing use of the internet, cyber-attacks have witnessed a sudden surge in the region.

• As per data revealed by CNB news, hospitals in the United States have witnessed an increase in ransomware hits, up to 299 times in 2023. thus, increasing data breaches fueled the demand for solutions.

Moreover, factors like advanced digital infrastructure, rise in internet penetration, and robust cyber security ecosystem in North America further expand the market. Also, the presence of a number of tech enterprises and finance institutes has helped to foster the market in North America.

Asia Pacific is expected to witness the fastest growth in the digital trust market during the forecast period. This expansion is due to rapid digitalization in leading countries, along with growing tech-savvy consumers and an expanding e-commerce market. Governments of economically growing countries like China, India, and Singapore have been heavily investing in building robust digital infrastructure and supporting digital transformation. To boost corporate infrastructure and secure consumer data in India, DigiCert introduced a new digital trust management solution in the form of ONE platform, which aids in enhancing consumer data security.

Market Overview 

The digital trust market is a highly growing sector that encompasses the establishment of digital trust and maintaining it throughout digital interactions and transactions. Trust has become a crucial factor in internet-based transactions, as many businesses are solely dependent upon digital technologies for various enterprises' work and activities. Hence, to ensure its security, privacy and reliability are paramount. The market includes a wide range of solutions, like identity verification, authentication, encryption, digital signatures, and fraud detection.

Significant advancements have been seen in the digital trust market due to a surge in technologies like blockchain, biometrics, and artificial intelligence, which further help to enhance security and authentication measures. As the digital landscape is evolving with the passing years, the market is poised to expand significantly in the foreseeable period, offering robust solutions to combat the trust and security challenges of digital systems across the globe.

Digital Trust Market Growth Factors 

• Increasing need for securely facilitating e-commerce and online transactions fueling the market.
• Increasing emphasis on data privacy and protection of personally identifiable information.
• Expansion of cloud applications across diverse fields, propelling the market growth globally.
• The increasing frequency and sophistication of data breaches and cyber-attacks have raised concerns for security, boosting the digital trust market.
• The ongoing digital transformation across leading sectors like finance, retail, and healthcare is fueling the market's growth.
• Surge in e-commerce and online platforms.

Market Scope

Market Dynamics 

Drivers

Expansion of online banking and e-commerce

The major driving factor for the digital trust market is an expansion of online banking and E-commerce, which has created a surge in secure payment systems and user authentication mechanisms. Hence, digital trust solutions have a crucial role in offering secure and seamless experiences for consumers engaging in online methods for transactions. In addition to this, stringent regulatory compliances like GDPR for data protection and privacy regulations ensure trust in digital activities, further propelling the growth of the market. There is ongoing digital transformation across every sector, such as healthcare, retail, finance, and government.

Restraint

Integration challenges due to the complex nature of solutions

The major restraining factor for the digital trust market is integration challenges for solutions due to their complex nature, along with a lack of awareness by businesses and individuals about the comprehension of digital trust solutions and their possible benefits. The increasing adoption of technologies for digital trust solutions like AI, the Internet of Things, and blockchain introduces complexities that need to be acknowledged to find efficient solutions to build trust in digital activities. Such solutions often involve the integration of these technologies into workflows and could be challenging due to limited IT resources. Investing in IT resources needs substantial financial balance.

Opportunity

IoT and biometric authentication technologies

The major opportunity that the digital trust market holds is security based on Internet of Things technology and identity authentication with the help of biometric solution technologies. As the number of connected devices grows significantly, the demand for the security and trustworthiness of these devices is accelerating. To develop specialized solutions for IoT security, such as data encryption, which creates a lucrative opportunity to expand the market. Moreover, increasing advancements in biometrics like facial recognition and fingerprint scanning present opportunities to create secure and convenient authentication.

By Solution 

The fraud detection and prevention segment accounted for the largest digital trust market share in 2024. Thus, it dominated the global digital trust market. The digital trust solution presents advanced fraud detection and prevention with higher capabilities. The growth of this segment is due to increasing digitalization and rising cases of payment fraud, insurance, and online banking fraud, which need to be resolved as a priority.

The identity and access management segment is expected to witness the fastest growth rate in the foreseeable period. The segment is witnessing higher growth due to its ability to manage and control by a centralized system, which increases its power to mitigate cyberattacks.

By Enterprise Size

In 2024, the large enterprises segment held the dominant share of the global digital trust market. Large enterprises have a good amount of share and have funds to manage their every department, including IT, for security purposes and to manage cyber security issues. Thus, the demand for trust solutions is gaining momentum due to large enterprises.

The small and medium enterprises segment is expected to showcase the fastest growth in the upcoming period. Cyber-attacks are more likely to occur within SMEs due to their limited security structures, they are on the hit list of the attackers. Hence, it becomes necessary for SMEs to secure their data from such attackers

By End User

The IT and telecom segment accounted for the largest digital trust market share in 2024. The IT and telecom segment in this market is expanding due to their early adoption of innovative technologies, increasing the threat of cyber-attacks on them, which need to be combated by installing robust security solutions. This factor is Fueling the market's growth globally.

The manufacturing segment will witness the fastest growth in the market during the foreseeable period. The manufacturing sector is witnessing a significant shift from manual working patterns into robotic and technological-based working patterns to enhance the accuracy and speed of work, which in turn creates a strong possibility of cyber-attacks in the manufacturing sector. 

By Deployment

The on-premises segment accounted for the largest share of the digital trust market in 2024. The growth of the on-premises segment is due to greater control within the enterprise, and minimum dependency on third parties is a major driving factor for the market.

Whereas the cloud segment is anticipated to witness the fastest growth in the foreseen period. The cloud segment is expanding due to its extensive applications in diverse sectors across the globe, making it the most demanding technology used by leading players.

Digital Trust Market Companies

• IBM Corporation
• Cisco Systems Inc.
• Sophos Group
• Oracle Corporation
• VMware Inc.
• Thales Group
• Fortinet Inc.
• Gemalto N.V.
• Norton LifeLock
• Splunk Inc.
• Okta Inc.
• ForgeRock Inc.
• Trellix Inc.

Recent Developments 

• In May 2023, Polar Security was acquired by IBM, a well-established technology firm that helps companies discover, continuously monitor, and secure cloud and software-as-a-service application data and solve the increasing shadow data problems.
• In May 2023, Garrigues acquired 51% of EAD trust Stakes- A Spain-based digital trust service provider to establish itself for regulations set by European unions and enhance its decision-making capabilities. 

Segments Covered in the Report 

By Solution

• Fraud Detection and Prevention
• Data Encryption and Security
• Identity and Access Management
• Digital Signatures and Certificate
• Endpoint Security
• Cloud Security
• Risk and Compliance Management
• Others (Secured Communication, Application Security, and others)

By Enterprise Size

• Large Enterprises
• Small and Medium Enterprises

By End-User

• BFSI
• Government
• Retails
• Healthcare
• IT & Telecom
• Manufacturing
• Energy & Utility
• Others (Education, Automotive, and others)

By Deployment

• On-premises
• Cloud

By Geography 

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa