Global Public Key Infrastructure Market
According to a new market research report “Global Public Key Infrastructure Market Size study, by Organization Size (Large Enterprise, Small and Medium-Sized Enterprises), Deployment Type (On Premises, Cloud), Vertical (Banking, Financial Services and Insurance, Government & Defense, Telecom & IT, Healthcare & Life Science, Retail & eCommerce, Manufacturing & Automotive, Education, Others) and Regional Forecasts 2019-2026″, published by PlanetMarketReports.com, the Global Public Key Infrastructure Market is valued approximately USD 1.5 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2019-2026.
PKI is a security technology framework of encryption and cybersecurity that helps secure the communication between the server and the client. The technology works using 2 different cryptographic keys, namely, a public key and a private key. To communicate over the website, the public key has to be supplemented with a private key that is held by a trusted party. It protects the user’s information from theft or tampering. To achieve secure communication, organizations are adopting the Secure Sockets Layer (SSL) certificate that uses public key infrastructure for encryption and authentication. The certificates issued by certificate authorities are trusted and can be used to authenticate entities. The trust hierarchy in issuing digital certificate includes various entities, such as root certificate authority, intermediate certificate authorities, and issuing certificate authorities.
A public key infrastructure PKI are policies, roles, and procedures essential to manage, distribute, digital certificates and public-key encryption with an aim to secure the transfer of electronic information. The increasing demand for electronic communication generated from the growing range of network activities including e-commerce, internet banking and confidential email are the prime drivers of the market. PKIs work in alignment with organizational goals to enhance operational efficiency and scalability. The expansion of the public key infrastructure market is driven by the technology include cost avoidance, reliability, and authentication. The complex algorithm of PKIs leverages the market, as it slow down the encryption time for massive amounts of data. The commercialization of 5G networks and developments in the IoT technology create lucrative growth prospects for the Public Key Infrastructure market over the forecasted period of 2019-2026.
The regional analysis of global Public Key Infrastructure market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to early adoption of PKI solution and the presence of several key players that provide PKI are expected to drive market growth in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such arising disposable income, rising demand for electronic communication as well as dependency on digitalization, create lucrative growth prospects for the Public Key Infrastructure market across North American region.
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Major market player included in this report are:
Gemalto
Nexus Group
Verisign
Entrust Datacard
DigiCert
Futurex
Comodo
GlobalSign
WISeKey
SSL.Com
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Organization Size:
Large Enterprise
Small and Medium-Sized Enterprises
By Solution
Self-recovery
PIN authentication,
Self-registration,
Enrollment services,
Secure roaming,
others.
By Deployment Type:
On Premises
Cloud
By Vertical:
Banking, Financial Services and Insurance
Government & Defense
Telecom & IT
Healthcare & Life Science
Retail & eCommerce
Manufacturing & Automotive
Education
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Public Key Infrastructure Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
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