Product Code: PM5600
The true random number generator market size is expected to reach USD 14,178.56 million by 2034, according to a new study by Polaris Market Research. The report "True Random Number Generator (TRNG) Market Size, Share, Trends, Industry Analysis Report: By Type (Noise-Based TRNG, Chaos-Based TRNG, Free Running Oscillator-Based TRNG, and Quantum-Based TRNG), Application, Vertical, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
A true random number generator (TRNG) produces unpredictable numbers by using physical processes, such as electronic noise or quantum phenomena, to ensure high levels of randomness and security.
Many industries, including finance, healthcare, and government, are subject to strict regulations around data protection and security. These regulations require businesses to use robust encryption techniques to protect sensitive information such as personal records, financial transactions, and patient data. TRNGs are increasingly used to comply with these regulations, as they provide a stronger form of randomness and security compared to pseudorandom methods. Organizations are investing in TRNGs to ensure they meet compliance requirements and avoid legal and financial consequences of failing to protect sensitive data adequately, thereby driving the TRNG market growth.
Advances in hardware technology, including sensors and processors that detect physical phenomena such as electronic noise, have made it easier and more cost-effective to develop TRNGs. These advancements allow TRNGs to generate truly random numbers by measuring unpredictable physical events, which increases their efficiency and reliability. TRNGs are becoming more accessible to businesses and industries that need high-quality random numbers for secure operations as hardware technology continues to improve. The improvement in hardware also reduces the cost and complexity of implementing TRNGs, contributing to their growing adoption across various sectors and thereby driving the true random number generator market demand.
True Random Number Generator (TRNG) Market Report Highlights
- Based on application, the security and cryptography segment dominated the TRNG market share in 2024 due to the rising incidents of cyberattacks and security breaches worldwide.
- The quantum-based TRNG segment, based on type, is expected to witness significant growth during the forecast period due to its high level of randomness.
- In 2024, North America dominated the market due to the presence of advanced technology infrastructure and a strong focus on cybersecurity.
- The Asia Pacific market is expected to record the highest CAGR during the forecast period, driven by the expanding IT and telecommunications sectors, increasing digitalization, and rising awareness of cybersecurity.
- A few global key market players are Crypta Labs Limited; EYL Inc.; IBM; ID Quantique; Infineon Technologies AG; Microchip Technology Inc.; NXP Semiconductors; Quantumctek Co., LTD; Synopsys, Inc.; and Xiphera Ltd.
Polaris Market Research has segmented the market report on the basis of type, application, vertical, and region:
By Type (Revenue - USD Million, 2020-2034)
- Noise-Based TRNG
- Chaos-Based TRNG
- Free Running Oscillator-Based TRNG
- Quantum-Based TRNG
By Application (Revenue - USD Million, 2020-2034)
- Security & Cryptography
- Simulation and Modelling
- Data Processing
- Networking
- Other
By Vertical (Revenue - USD Million, 2020-2034)
- IT & Telecom
- Consumer Electronics
- BFSI
- Government and Defense
- Automotive
- Others
By Regional Outlook (Revenue - USD Million, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Device Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global True Random Number Generator (TRNG) Market Insights
- 4.1. True Random Number Generator (TRNG) Market - Market Snapshot
- 4.2. True Random Number Generator (TRNG) Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Number of IoT Devices
- 4.2.1.2. Rising Adoption of Cloud Computing
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Government Regulations
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. True Random Number Generator (TRNG) Market Trends
- 4.6. Value Chain Analysis
5. Global True Random Number Generator (TRNG) Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 5.3. Noise-Based TRNG
- 5.3.1. Global True Random Number Generator (TRNG) Market, Noise-Based TRNG, by Region, 2020-2034 (USD million)
- 5.4. Chaos Based TRNG
- 5.4.1. Global True Random Number Generator (TRNG) Market, by Chaos Based TRNG, by Region, 2020-2034 (USD million)
- 5.5. Free Running Oscillator Based TRNG
- 5.5.1. Global True Random Number Generator (TRNG) Market, by Free Running Oscillator Based TRNG, by Region, 2020-2034 (USD million)
- 5.6. Quantum Based TRNG
- 5.6.1. Global True Random Number Generator (TRNG) Market, by Quantum Based TRNG, by Region, 2020-2034 (USD million)
6. Global True Random Number Generator (TRNG) Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 6.3. Security & Cryptography
- 6.3.1. Global True Random Number Generator (TRNG) Market, by Security & Cryptography, by Region, 2020-2034 (USD million)
- 6.4. Simulation and Modelling
- 6.4.1. Global True Random Number Generator (TRNG) Market, by Simulation and Modelling, by Region, 2020-2034 (USD million)
- 6.5. Data Processing
- 6.5.1. Global True Random Number Generator (TRNG) Market, by Data Processing, by Region, 2020-2034 (USD million)
- 6.6. Networking
- 6.6.1. Global True Random Number Generator (TRNG) Market, by Networking, by Region, 2020-2034 (USD million)
- 6.7. Other
- 6.7.1. Global True Random Number Generator (TRNG) Market, by Other, by Region, 2020-2034 (USD million)
7. Global True Random Number Generator (TRNG) Market, by Vertical
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 7.3. IT & Telecom
- 7.3.1. Global True Random Number Generator (TRNG) Market, by IT & Telecom, by Region, 2020-2034 (USD million)
- 7.4. Consumer Electronics
- 7.4.1. Global True Random Number Generator (TRNG) Market, by Consumer Electronics, by Region, 2020-2034 (USD million)
- 7.5. BFSI
- 7.5.1. Global True Random Number Generator (TRNG) Market, by BFSI, by Region, 2020-2034 (USD million)
- 7.6. Government and Defense
- 7.6.1. Global True Random Number Generator (TRNG) Market, by Government and Defense, by Region, 2020-2034 (USD million)
- 7.7. Automotive
- 7.7.1. Global True Random Number Generator (TRNG) Market, by Automotive, by Region, 2020-2034 (USD million)
- 7.8. Others
- 7.8.1. Global True Random Number Generator (TRNG) Market, by Others, by Region, 2020-2034 (USD million)
8. Global True Random Number Generator (TRNG) Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. True Random Number Generator (TRNG) Market Assessment, By Geography, 2020-2034 (USD million)
- 8.3. True Random Number Generator (TRNG) Market - North America
- 8.3.1. North America: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.3.2. North America: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.3.3. North America: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.3.4. True Random Number Generator (TRNG) Market - U.S.
- 8.3.4.1. U.S.: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.3.4.2. U.S.: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.3.4.3. U.S.: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.3.5. True Random Number Generator (TRNG) Market - Canada
- 8.3.5.1. Canada: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.3.5.2. Canada: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.3.5.3. Canada: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4. True Random Number Generator (TRNG) Market - Europe
- 8.4.1. Europe: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.2. Europe: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.3. Europe: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.4. True Random Number Generator (TRNG) Market - UK
- 8.4.4.1. UK: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.4.2. UK: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.4.3. UK: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.5. True Random Number Generator (TRNG) Market - France
- 8.4.5.1. France: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.5.2. France: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.5.3. France: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.6. True Random Number Generator (TRNG) Market - Germany
- 8.4.6.1. Germany: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.6.2. Germany: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.6.3. Germany: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.7. True Random Number Generator (TRNG) Market - Italy
- 8.4.7.1. Italy: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.7.2. Italy: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.7.3. Italy: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.8. True Random Number Generator (TRNG) Market - Spain
- 8.4.8.1. Spain: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.8.2. Spain: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.8.3. Spain: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.9. True Random Number Generator (TRNG) Market - Netherlands
- 8.4.9.1. Netherlands: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.9.2. Netherlands: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.9.3. Netherlands: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.10. True Random Number Generator (TRNG) Market - Russia
- 8.4.10.1. Russia: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.10.2. Russia: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.10.3. Russia: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.4.11. True Random Number Generator (TRNG) Market - Rest of Europe
- 8.4.11.1. Rest of Europe: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.4.11.2. Rest of Europe: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.4.11.3. Rest of Europe: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5. True Random Number Generator (TRNG) Market - Asia Pacific
- 8.5.1. Asia Pacific: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.2. Asia Pacific: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.3. Asia Pacific: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.4. True Random Number Generator (TRNG) Market - China
- 8.5.4.1. China: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.4.2. China: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.4.3. China: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.5. True Random Number Generator (TRNG) Market - India
- 8.5.5.1. India: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.5.2. India: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.5.3. India: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.6. True Random Number Generator (TRNG) Market - Malaysia
- 8.5.6.1. Malaysia: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.6.2. Malaysia: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.6.3. Malaysia: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.7. True Random Number Generator (TRNG) Market - Japan
- 8.5.7.1. Japan: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.7.2. Japan: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.7.3. Japan: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.8. True Random Number Generator (TRNG) Market - Indonesia
- 8.5.8.1. Indonesia: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.8.2. Indonesia: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.8.3. Indonesia: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.9. True Random Number Generator (TRNG) Market - South Korea
- 8.5.9.1. South Korea: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.9.2. South Korea: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.9.3. South Korea: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.10. True Random Number Generator (TRNG) Market - Australia
- 8.5.10.1. Australia: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.10.2. Australia: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.10.3. Australia: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.5.11. True Random Number Generator (TRNG) Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.5.11.2. Rest of Asia Pacific: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.5.11.3. Rest of Asia Pacific: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6. True Random Number Generator (TRNG) Market - Middle East & Africa
- 8.6.1. Middle East & Africa: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.2. Middle East & Africa: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.3. Middle East & Africa: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6.4. True Random Number Generator (TRNG) Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.4.2. Saudi Arabia: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.4.3. Saudi Arabia: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6.5. True Random Number Generator (TRNG) Market - UAE
- 8.6.5.1. UAE: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.5.2. UAE: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.5.3. UAE: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6.6. True Random Number Generator (TRNG) Market - Israel
- 8.6.6.1. Israel: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.6.2. Israel: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.6.3. Israel: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6.7. True Random Number Generator (TRNG) Market - South Africa
- 8.6.7.1. South Africa: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.7.2. South Africa: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.7.3. South Africa: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.6.8. True Random Number Generator (TRNG) Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.6.8.2. Rest of Middle East & Africa: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.6.8.3. Rest of Middle East & Africa: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.7. True Random Number Generator (TRNG) Market - Latin America
- 8.7.1. Latin America: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.7.2. Latin America: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.7.3. Latin America: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.7.4. True Random Number Generator (TRNG) Market - Mexico
- 8.7.4.1. Mexico: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.7.4.2. Mexico: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.7.4.3. Mexico: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.7.5. True Random Number Generator (TRNG) Market - Brazil
- 8.7.5.1. Brazil: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.7.5.2. Brazil: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.7.5.3. Brazil: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.7.6. True Random Number Generator (TRNG) Market - Argentina
- 8.7.6.1. Argentina: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.7.6.2. Argentina: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.7.6.3. Argentina: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
- 8.7.7. True Random Number Generator (TRNG) Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: True Random Number Generator (TRNG) Market, by Type, 2020-2034 (USD million)
- 8.7.7.2. Rest of Latin America: True Random Number Generator (TRNG) Market, by Application, 2020-2034 (USD million)
- 8.7.7.3. Rest of Latin America: True Random Number Generator (TRNG) Market, by Vertical, 2020-2034 (USD million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Crypta Labs Limited
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. EYL Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. IBM
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. ID Quantique
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Infineon Technologies AG
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Microchip Technology Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Nxp Semiconductors
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Quantumctek Co., LTD
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Synopsys, Inc.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Xiphera Ltd
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development