U.S. Public Key Infrastructure: Major Investments in EV Chargers, Ports, Recycling, Rail, and Water Systems

December 1, 2023
The United States is making significant strides in enhancing its public infrastructure, with a series of investments across various states. California is leading the way with a USD 40 million investment in EV fast chargers, supporting the state's environmental sustainability goals. The Biden-Harris administration's USD 653 million investment in ports bolsters the American supply chain, while over USD 90 million is dedicated to tribal recycling infrastructure, emphasizing environmental sustainability.

Connecticut's rail infrastructure is set to improve with a USD 2 billion investment, and New York is focusing on water systems with over USD 1.088 billion in funding. Knightscope's USD 10 million bond offering introduces advanced robotics technology into public safety infrastructure. Additionally, New York's USD 23 million investment in community planning and infrastructure will revitalize public spaces and communities.

The global public key infrastructure market is estimated at USD 5.5 billion in 2023 and is projected to reach USD 13.8 billion by 2028, growing at a CAGR of 20.2% during the forecast period.

It is propelled by the critical demand for strong digital security amid rising cyber threats and evolving data privacy regulations. PKI's encryption, authentication, and digital signature capabilities offer a trusted framework to counter these threats.

 

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Public Key Infrastructure Market

$5.5 BN
2023
$13.8 BN
2028

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Biden-Harris administration's USD 653 million investment in ports bolsters the American supply chain.

York's USD 23 million investment in community planning and infrastructure will revitalize public spaces and communities.

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