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True Random Number Generator (TRNG) Market Size is valued at USD 3.5 Bn in 2024 and is predicted to reach USD 14.7 Bn by the year 2034 at a 15.6% CAGR during the forecast period for 2025-2034.
A True Random Number Generator (TRNG) is a device or system that generates random numbers from a physical process, such as radioactive decay, thermal noise, or atmospheric noise, rather than a deterministic algorithm. Unlike pseudo-random number generators (PRNGs), TRNGs rely on inherently unpredictable natural phenomena, ensuring high entropy and true randomness. They are critical in applications like cryptography, secure communications, and simulations where unbiased, unpredictable numbers are essential.
The market for genuine random number generators is being propelled by the increasing demand for strong security solutions in sectors such as defence, banking, and cybersecurity. The need for trustworthy encryption is growing as businesses move to networked settings, and TRNGs are crucial for safe data transfer. TRNG use is pushed by the growing importance of quantum-safe encryption, which is further highlighted by the development of quantum computing.
In addition, TRNGs are used by the finance industry to avoid fraud and by the healthcare industry to encrypt electronic health records. The market expansion and broad use of genuine random number generators are fueled by these considerations taken together.
Competitive Landscape
Some Major Key Players In The True Random Number Generator (TRNG) Market:
- Intel Corporation
- Apple Inc.
- Qualcomm Technologies, Inc.
- Infineon Technologies AG
- Microchip Technology Incorporated
- ID Quantique SA
- QuantumCTek Co., Ltd.
- QuintessenceLabs Pty Ltd
- Terra Quantum AG
- Crypta Labs Limited
- NXP Semiconductors N.V.
- STMicroelectronics N.V.
- Quantinuum Ltd.
- QNu Labs Private Limited
- International Business Machines Corporation (IBM)
- EYL, Inc.
- Quside Technologies S.L.
- Qrypt, Inc.
- KETS Quantum Security Ltd.
- Light Rider, Inc.
- S-Fifteen Instruments Pte. Ltd.
- ThinkQuantum S.r.l.
- Quanfluence Pte. Ltd. (assumed based on name; please verify)
- Alea Quantum Technologies GmbH
- Quantum eMotion Corp.
- Tectrolabs, LLC
- ComScire - The Computing Security Research Institute, Inc.
- Quantum Dice Ltd.
- Synergy Quantum India Private Limited
- Quantum Computing Inc.
- Renesas Electronics Corporation
- SeqURE Quantum Inc.
- Other Market Players
Market Segmentation:
The True Random Number Generator (TRNG) market is segmented based on type, application, vertical, and end-user. Based on type, the market is segmented into noise-based TRNG, chaos-based TRNG, free-running oscillator-based TRNG, and quantum-based TRNG. The segment application, includes security & cryptography, simulation & modelling, data processing, networking, and others. By vertical, the market is segmented into IT & telecom, consumer electronics, BFSI, government & defence, automotive, healthcare, retail & e-commerce, and others.
Based On The Type, The Free-Running Oscillator-Based TRNG Segment Is Accounted As A Major Contributor To The True Random Number Generator (TRNG) Market
The free-running oscillator-based TRNG category is expected to hold a major global market share in 2021 because of its scalability, affordability, and ease of integration. They create genuine randomization in semiconductor devices by using electrical noise, including flicker or thermal noise. Their suitable choice stems from their ease of integration into FPGAs, ASICS, and SoCs—all of which are common in cryptographic usage and safe key generation. Because FRO-based TRNGs are efficient and have low power consumption, leading semiconductor companies like ARM, Intel, and AMD favour them for use in server-class computing, consumer electronics, and loT devices.
Security & Cryptography Segment To Witness Growth At A Rapid Rate
The true random number generator market is dominated by security and cryptography applications because of the increasing demand for robust cybersecurity solutions in an increasingly digital and linked world. TRNGs are crucial for cryptographic applications because they offer a source of genuine randomness for generating cryptographic keys, nonces, and initialization vectors—all of which are necessary for protecting encryption techniques, authentication methods, and communication protocols.
In The Region, The North American True Random Number Generator (TRNG) Market Holds A Significant Revenue Share
The North American True Random Number Generator (TRNG) market is expected to register the highest market share in revenue in the near future, fueled by rising demand in the telecom, financial services, and aerospace industries. Strong cybersecurity laws and a well-established semiconductor sector assist the area by promoting the use of hardware-based security measures. Partnerships between public and commercial tech companies have hastened the development of cutting-edge TRNG technology.
In addition, Asia Pacific is projected to grow rapidly in the global True Random Number Generator (TRNG) market driven by large expenditures in electronics manufacturing, cybersecurity, and digital infrastructure. In China, Japan, India, and South Korea, the fast urbanization and smart city initiatives are driving the demand for secure communication hardware. Additionally, quantum research initiatives in the public and business sectors are promoting the creation of small and affordable TRNG technology.
Recent Development:
- January 2025: ID Quantique collaborated with Elmos Semiconductor SE to build the world's smallest monolithically integrated quantum random number generator (QRNG). This partnership tackles the increasing risks to cybersecurity by developing a strong, quantum-based solution that produces high-quality randomness for secure cryptography, defending against a range of cyberattacks caused by variations in temperature, voltage, light, pressure, or electromagnetic fields.
True Random Number Generator (TRNG) Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2024 |
USD 3.5 Bn |
|
Revenue Forecast In 2034 |
USD 14.7 Bn |
|
Growth Rate CAGR |
CAGR of 15.6% from 2025 to 2034 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
|
Historic Year |
2021 to 2024 |
|
Forecast Year |
2025-2034 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, Application, Vertical, And End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Qualcomm Technologies, Inc., STMicroelectronics, ID Quantique, QuantumCTek Co., Ltd., Apple Inc., Intel Corporation, QuintessenceLabs, Terra Quantum, Crypta Labs Limited, Quantinuum, Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors, QuNu Labs Private Limited, and IBM. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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