True Random Number Generator (TRNG) Market Size Worth USD 14,178.56 Million by 2034 | CAGR: 15.2%

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.

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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