True Random Number Generator (TRNG) Market - By Solution, By Application, and By End Use Industry – Global Forecast, 2025 – 2034

True Random Number Generator Market Size

The global true random number generator market size was valued at USD 3.3 billion in 2024 and is estimated to grow at a CAGR of 13.4% to reach USD 11.6 billion by 2034. The growth of the market is attributed to factors such as the expanding applications in quantum computing & QKD coupled with the increasing gaming and gambling tech requirements.
 

The increasing gaming and gambling tech requirements serve as a primary factor behind the growth of the market. Several online gambling platforms such as casinos, poker rooms, and slot games rely on TRNGs to ensure regulatory compliance and player trust. Also, TRNGs further reduces the risk of pattern prediction or seed sniffing that can be exploited in PRNG based systems, which is essential in these games with high value outcomes and real money. Moreover, modern gaming engines are increasingly adopting TRNGs for creating unpredictable scenarios and adjusting difficulty, which enhances user engagement in various genres such as strategy, rougelike, and horror games.
 

The expanding applications in quantum computing & QKD is another major growth driver for the growth of true random number generator market. QKD allows two parties to share a cryptographic key with unbreakable security, which is based on quantum mechanics. Also, several quantum algorithms such as Monte Carlo Simulations require random inputs, where TRNGs are used to feed systems with non-repetitive and high entropy values.
 

Several companies such as Quantique, Quintessence Labs, and Toshiba, have developed QRNGs, which is an advanced TRNGs based on the quantum phenomena, that are increasingly being integrated into QKD networks and secure communication systems globally. For instance, the expanding Indian quantum computing market is expected to attain a market value of over USD 7 billion by 2032 and will observe a growth rate of about 27%, as stated by ITA.
 

During the Trump administration, the implementation of tariffs on imported electronics, semiconductors, and related components as part of the broader trade tensions with China significantly impacted the market. These tariffs increased the cost of importing hardware-based TRNG modules and embedded security chips, particularly those sourced from Asia-Pacific manufacturers. As a result, U.S.-based companies faced heightened supply chain challenges and were compelled to explore domestic manufacturing or alternative sourcing strategies.
 

Moreover, the policy shift encouraged investment in local semiconductor innovation and secure hardware design. While software-based TRNGs remained less directly affected, the overall uncertainty in trade policy influenced procurement decisions, strategic partnerships, and long-term product planning across industries relying on cryptographic and secure computing solutions.
 

True Random Number Generator Market Trends

• Manufacturers are increasingly emphasizing towards the development of quantum random number generators (QRNGs) to generate unpredictable random numbers for high stake applications such as cryptography and secure communication, which is a significant trend observed in the market. These advanced QRNGs are witnessing rapid adoption among manufacturers due to their ability to ensure provable randomness of numbers and provides superior reliability and security.
   
• The increasing focus towards the development of compact and miniaturized TRNG solutions among manufacturers for portable devices, wearables, smart cards, and IoT systems is a significant trend observed in the market. These miniaturized TRNGs offers energy efficient and cost effective solution, which helps manufacturers to cater the growing demand for secure embedded systems.
   
• Another significant trend in the market is the integration of TRNGs into SSL and TLS protocols, which improves authentication mechanisms by generating unpredictable, statically independent, and uniformly distributed numbers. This trend prevents vulnerabilities such as replay attacks and duplicate transactions by ensuring randomness in the authentication process, which is essential for creating secure keys, nonces, and protocol parameters.
   

True Random Number Generator Market Analysis

Based on the solution, the market is bifurcated into software and hardware.
 

• The hardware solution was the largest market and was valued at USD 2.3 billion in 2024. Hardware TRNGs rely on physical processes to generate randomness and are witnessing rapid adoption in financial and defence sector, as it offers secure and tamper resistant hardware for encryption. Also, the rapid proliferation of IoT and Edge devices requires secure and encrypted communication, where TRNGs are increasingly incorporated into small devices at chip levels. Several consumer electronics devices such as smartphones, laptops, and gaming consoles are increasingly using embedded TRNGs for secure authentication and digital rights management, all of which supports the growth of this segment in the market.
   
• The software solution was the fastest growing market and is projected to grow with a CAGR of 11.6% during the forecast period. These software TRNGs are often used in web services, cloud security, and non-critical systems to cater the surging demand for web based cryptographic applications such as Browser based wallets, secure messaging app, and web authentication frameworks. Also, the rise of cloud native security solution such as SaaS and IaaS platforms rely on entropy for secure key generation, where software TRNGs are becoming essential. Additionally, this software based TRNGs offers a scalable & cost effective solution compared to hardware based TRNGs, which further fuels the adoption of software TRNGs among fintech and gaming sector.
   

Based on the application, the true random number generator market is segmented into cryptography & encryption, gambling & lotteries, scientific research & simulations, cybersecurity & authentication, and IoT & edge devices.
 

• The cryptography & encryption was the largest market and was valued at USD 1.4 billion in 2024. The increasing scale and complexity of attacks such as nation state cyberwarfare and ransomware has led to surge in demand for robust encryption algorithms, which is a major growth driver for this segment. TRNGs are widely used in public key infrastructure (PKI) for generating unique cryptographic keys for SSL/TLS certificates, digital signatures, and encrypted email communications. Additionally, the increasing adoption of end to end encryption in messaging and communications app such as WhatsApp, Signal, and Proton Mail, relies on high quality entropy sources for protection of user privacy, which further propels the demand for TRNGs.  
   
• The IoT & edge devices was the fastest growing market and is projected to grow with a CAGR of 14.3% during the forecast period. The growth in this segment is driven by the rapid proliferation of smart devices in consumer and industrial sectors, all of which rely on TRNGs for onboard secure key generation. Moreover, the shift towards edge computing is driving the adoption of TRNGs for localized security mechanisms. Furthermore, TRNGs are also used in generating unpredictable values for boot time checks and secure firmware upgrades, that prevent tampering and malware injection, which is expected to drive growth of this segment.
   

Based on the end-user industry, the true random number generator market is categorized into BFSI, defense & government, gaming & entertainment, healthcare, and IT & telecom, automotive, and others.
 

• The BFSI industry was the largest market and was valued at USD 892.7 million in 2024. The rise in identity theft, phishing, and digital fraud are pushing financial institutions to adopt TRNGs for strengthening security protocols, through generation of secure encryption keys and traction tokens. Also, the rapid adoption of blockchain & fintech platforms is fuelling the demand for TRNGs for random number generation to enable wallet keys, smart contract functions, and consensus algorithms. Moreover, the widespread usage of multi factor & biometric authentication coupled with the shift towards cloud banking infrastructure are further driving the adoption of TRNGs to ensure secure key management in cryptographic operations.
   
• The automotive industry was the fastest growing market and is projected to grow with a CAGR of 17.6% during the forecast period. The growth in the automotive industry is driven by the growing demand for connected vehicles and infrastructure, which rely on TRNGs for secure key generation and digital signature. Also, several automotive OEMs require TRNGs for generating random update tokens to ensure verified firmware updates. Additionally, the rise of software defined vehicles coupled with the integration of autonomous driving systems are further propelling the growth of TRNGs to ensure secure initialization, access control, diagnostics, and component authentication, all of which is expected to drive growth of automotive segment in the market.
   

• The U.S. dominated the true random number generator market, accounting for USD 930.5 million in the year 2024. This growth is significantly driven by rising investment towards cyber security and national defence through National Security Agency (NSA), Department of Defense (DoD), and Cybersecurity and Infrastructure Security Agency (CISA), which is propelling the adoption of true random number generator in cryptographic systems.
   
• For instance, the government of U.S. has proposed USD 13 billion budget for cybersecurity in the year 2025, representing an increase from USD 11.8 billion in the year 2024, as stated by Statista. Additionally, the nation’s dominance in cloud and fintech ecosystems are further boosting the demand for true random number generator for secure key management while complying with FIPS 140-3 standards. Moreover, the rapid deployment of smart infrastructure, wearables, and industrial IoT platforms further rely towards embedded TRNGs for endpoint security, which is expected to drive market expansion.
   
• The Germany true random number generator market accounted for USD 148.5 million in the year 2024. The growth in the nation is driven by its leadership in automotive security couple with the presence of top automotive OEMs such as Volkswagen, BMW, and Mercedes, all of which pushes the demand for TRNGs to comply with ISO and telematics systems. Additionally, the rapid adoption of industrial 4.0 initiatives rely on TRNGs to ensure secure communication between machines and sensor.
   
• The market in China is projected to reach USD 1.3 billion by the year 2034. The growth of market in the country is driven by the deployment of smart homes, cities, and industrial sensors, all of which rely on TRNGs for device authentication and secure communication. Furthermore, the rise of digital currency electronic payment (DCEP) system along with increasing investment from government towards blockchain based platforms propels the demand for TRNGs for secure key generation.
   
• The Japan true random number generator market accounted for USD 68.1 million in 2024. The surge in integration of TRNGs in high end electronics coupled with the innovation in connected mobility and automotive fuels the demand for TRNGs, which is a major growth driver in the region. Moreover, the increasing investment from government towards strengthening the defense and critical infrastructure is driving the adoption of TRNG based secure communications systems in energy, railways, and telecom, which drives the growth of market in the region.
   
• The India the true random number generator industry is anticipated to grow at a CAGR of over 15.2% during the forecast period. The rapid digital transformation in BFSI and Fintech industry gas propelled the demand for secure and scalable encryption, which is backed by TRNGs, particularly in mobile hardware and cloud fintech stacks. Moreover, the increasing startups along with rapid adoption of Web3, DeFi, and crypto trading apps requires TRNGs to ensure secure random key generation. Also, the massive mobile user base of India is driving manufacturers to implement low power TRNGs in SoCs to ensure authentication and data protection, which further support the market expansion.
   

True Random Number Generator Market Share

The market is highly competitive and fragmented with the presence of established global players as well as local players and startups. The top 5 companies in the global market are ID Quantique, Intel Corporation, Microchip Technology Inc., STMicroelectronics NV, and IBM Corporation, collectively accounting for a share of 51.8% market share. Leading companies in the market are investing in the next-generation TRNGs solution which prioritizes quantum resilience, miniaturization, energy efficiency, and regulatory compliance with standards such as FIPS 140-3 and ISO/IEC 19790.
 

The innovation in the market such as quantum based entropy sources, low-power embedded TRNGs for IoT, and secure software based APIs for cloud environments are gaining rapid popularity among manufacturers. Additionally, several key application sectors such as banking, defense, telecommunications, and automotive industry are further increasingly integrating TRNGs to ensure enhanced security in encryption, secure boot, firmware protection, and blockchain infrastructure.
 

True Random Number Generator Market Company

The true random number generator industry features several prominent players, including:

• Advanced Micro Devices
• Amazon Web Services
• ID Quantique
• IBM
• Infineon Technologies
• Intel
• Microchip Technology
• Quside Technologies
• QuintessenceLabs
• Silicon Laboratories
• STMicroelectronics
• Texas Instruments
• Toshiba Europe
• Xiphera
   

The IBM’s USP consists of integrating TRNGs deeply into their enterprise-grade hardware especially within the IBM Z mainframe systems. IBM TRNGs generate high-quality random data by obtaining it directly from hardware components to ensure strong entropy which supports secure cryptographic key generation and pseudorandom number generator seeding. The company designs its solutions to serve secure data operations in banking and government institutions together with large-scale enterprise computing.  
 

Intel maintains leadership in integrating TRNGs directly into its extensive CPU platforms which are widely used in the market. Intel implements its digital true random number generator through hardware-based solutions by utilizing processor-generated thermal and electronic noise for continuous high-entropy bit generation. The integrated solution delivers powerful cryptographically secure random numbers to various devices including consumer electronics and cloud servers which supports secure key generation and encryption and authentication across large scales.
 

True Random Number Generator Industry News

• In January 2025, ID Quantique and Elmos Semiconductor SE announced a strategic collaboration to develop the world's smallest monolithically integrated quantum random number generator (QRNG). This cutting-edge solution addresses the escalating threat of cyberattacks by producing quantum-grade randomness that remains secure against physical manipulation such as temperature fluctuation, electromagnetic interference, or voltage attacks—providing robust cryptographic protection.
   
• In May 2024, Terra Quantum introduced the TQ42 Cryptography Library, an open-source post-quantum cryptographic suite tailored for high-assurance data protection. The suite expands their quantum-as-a-service platform, supporting quantum-resistant algorithms, key lifecycle management, and secure deletion. Future enhancements will integrate Quantum Keys-as-a-Service and Entropy-as-a-Service, leveraging Terra Quantum’s proprietary single-photon QRNG technology to elevate cryptographic resilience.
   
• In June 2023, Crypta Labs partnered with BLUESHIFT, a Cambridge-based semiconductor innovator, to create a quantum-resilient cybersecurity ecosystem. This collaboration merges Crypta Labs’ QRNG with BLUESHIFT’s high-speed, non-Von Neumann architecture to build a solution designed to mitigate threats posed by future quantum computing advancements and enhance encryption integrity across digital infrastructures.
   

The true random number generator market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2034, for the following segments:

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By Solution 

• Hardware
• Software

By Application      

• Cryptography & encryption
• Gambling & lotteries
• Scientific research & simulation
• Cybersecurity & authentication
• IoT & edge devices

By End Use Industry     

• BFSI
• Defense & government
• Gaming & entertainment
• Healthcare
• IT & telecom
• Automotive
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE