Public Key Infrastructure Market Emerging Trends and Forecast To 2027

By Ronak Bora

The Public Key Infrastructure Market is slated to register appreciable gains over the ensuing years, driven by the surging demand from enterprises for the enhancement of security capacities in response to the increasing instances of file-based attacks and malware.
The market comprises roles, software policies, and a procedure that is utilized for the creation, management, and distribution of digital certificates, and for the validation of cryptography owned by the user. The Industry deployed encryption algorithms to help companies for securing communications and ensuring the privacy of data that has been sent from one computer to another.
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Over the recent years, the rising penetration of smartphones and internet has created a trend for online shopping. The public key infrastructure market is reporting a massive upsurge in the number of financial transactions and digital payments. Therefore, retailers require encryption and authentication services for securing their network infrastructure and transactions. Owing to this, the retail segment is estimated to record exponential growth through the forecasted period.
Meanwhile, enterprises have also started opting for public key infrastructure in cloud computing. This is because these systems aid in decreasing resources, infrastructure investments, and the time of individual enterprises by eliminating the requirement for organizations to invest in the deployment of infrastructure.
the public key infrastructure industry in Europe is estimated to hold a valuation of more than USD 1.5 billion by 2027. This growth is attributed to the surging demand for encryption technologies from enterprises for the purpose of securing cloud-based attacks on digital enterprise resources. The regional expansion is also propelled by the presence of numerous PKI vendors and the surging implementation of management solutions for the detection and prevention of threats at their early stages.
PKI solutions are also in high demand from large enterprises that have a wide geographical expanse. These enterprises make heavy investments in latest technologies for increasing their overall business and require efficient solutions for the elimination of cyber risks and ensuring the security of data transfer processes. In view of the above, the large enterprises segment is slated to register a considerable share of more than 50% of the overall public key infrastructure (PKI) industry value through 2027.
The Prominent Key Players in the market include ACTALIS S.p.A., Ascertia, Assa Abloy Group (HID Global), Comodo, DigiCert, Inc., DocuSign Inc., eMudhra Limited
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Table of Content
Chapter 7.   public key infrastructure Market, By Organization Size
7.1.  Key trends, by organization size
7.2.  SMEs
7.2.1. Market estimates and forecast, 2016 - 2027
7.3.  Large Enterprises
7.3.1. Market estimates and forecast, 2016 – 2027
Chapter 8.   public key infrastructure Market, By Application
8.1.  Key trends, application
8.2.  IT & telecom
8.2.1. Market estimates and forecast, 2016 - 2027
8.3.  BFSI
8.3.1. Market estimates and forecast, 2016 - 2027
8.4.  Healthcare
8.4.1. Market estimates and forecast, 2016 - 2027
8.5.  Retail
8.5.1. Market estimates and forecast, 2016 - 2027
8.6.  Manufacturing
8.6.1. Market estimates and forecast, 2016 – 2027
8.7.  Government & defense
8.7.1. Market estimates and forecast, 2016 – 2027
8.8.  Education
8.8.1. Market estimates and forecast, 2016 – 2027
8.9.  Others
8.9.1. Market estimates and forecast, 2016 – 2027
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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