In the most recent publication from Report Ocean, titled “Exploring the Dynamics of the Public Key Infrastructure Market: Trends, Market Share, Size, Projected Growth, Lucrative Prospects, and Forecasts Spanning 2023-2031,” a thorough and all-encompassing scrutiny of the sector is presented. Within its pages, you will uncover not only penetrating market insights but also a detailed examination of competitive forces and geographical factors influencing the landscape. Furthermore, the document delves into the cutting-edge innovations driving the evolution of this market realm.
What is the Size of the Public Key Infrastructure Market?
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. 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.
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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.
Major market player included in this report are:
Gemalto
Nexus Group
Verisign
Entrust Datacard
DigiCert
Futurex
Comodo
GlobalSign
WISeKey
SSL.Com
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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 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
By Region:
North America
U.S.
Canada
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Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
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