Public Key Infrastructure Market Key Performing Regions| Drivers And Challenges

Market Research Future (MRFR) predicts the global public key infrastructure (PKI) market size to expand at 21.12% CAGR from 2018-2023 (forecast period).The research report provides in-depth information on the public key infrastructure (PKI) industry overview, the share of revenues, developments, mergers and acquisitions, and key strategies. 

The Public Key Infrastructure is a technological advancement used in the field of digitalization to support the purpose of the user and device authentication. It consists of a collection of hardware, software policies, roles, and a process used to create, manage, and distribute digital certificates and certify that a particular cryptographic own by the user. It serves as virtual proof of identification. It is widely used in the IT and telecommunications industries, retail and e-commerce, financial services, and many other fields. 

Rising market demand for digital certificates to allow businesses to encrypt data, digitally sign certificates, and authenticate users is expected to drive industry development. Increasing digitalization in various industries has resulted in a greater need for digital authentication to protect enterprise infrastructure. The growing market demand to reduce the cost of authentication processes in various industries such as banking, healthcare, and e-commerce is driving the rapid adoption of public-key encryption solutions.

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COVID-19 Impact on the Public Key Infrastructure (PKI) Market

The COVID-19 pandemic has brought forth the glaring gaps in cybersecurity in major companies. The transition to digital transformation, as well as the need for public key infrastructure for management of public keys, can present a lucrative opportunity for solution providers. Investments in security solutions, as well as the acceleration of work-from-home connections, have increased the need for reliable certificates and keys.

Public Key Infrastructure Market Segmentation

The global public key infrastructure (PKI) industry has been segmented into solution, deployment, and end-users. 

By solution, the global public key infrastructure (PKI) market has been segmented into secure roaming, self-registration, enrolment of services, PIN authentication, inventory of digital identities.

By deployment, the global public key infrastructure (PKI) market has been segmented into on-premise, cloud-based.

By end-users, the global public key infrastructure (PKI) market has been segmented into BFSI, retail, manufacturing, education, government, human resources, health and life sciences, aerospace and defense, others.

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Public Key Infrastructure Market Regional Analysis

By region, the global public key infrastructure (PKI) market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. 

Because of the growing use of PKI for safe transactions, the market in North America is projected to account for a significant share of the target market in terms of revenue. Furthermore, early adoption of PKI services and solutions, as well as the presence of major players in the countries in the region, is a primary factor influencing growth in the North American public key infrastructure market. The APAC market is expected to witness a significant growth rate in the global market.

Public Key Infrastructure Market Key Players

  • Verisign inc. (u.s.)
  • Comodo group inc. (u.s.)
  • Globalsign (belgium)
  • Assa abloy group (sweden)
  • Ascertia (u.s.)
  • Lexmark international inc. (u.s.)
  • Docusign inc (u.s.)
  • Signix (u.s.)
  • Godaddy inc. (u.s.)
  • Entrust datacard corporation (u.s.)
  • Gemalto nv (france)
  • Nexus group (sweden)
  • Digicert inc. (us)
  • Futurex (us)
  • Lobalsign (uk)
  • Wisekey (switzerland)
  • com (us)
  • Airbus s.a.s. (netherlands)
  • Emudhra (india)
  • Actalis (italy)
  • Harica (greece)
  • Securemetric (malaysia)
  • Enigma (poland)
  • Emudhra (india)
  • International business machines corporation (us)
  • Microsoft corporation (us)
  • Securemetric (malaysia)

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Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
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