Press release
Enterprise Key Management Market 2017-2023 Top Key Players: Amazon Web Services, RSA Security LLC, Thales e-Security, Sun Microsystems, Virtucript, and Oracle Corporation
Market Highlights:The study reveals that the market of Enterprise Key Management is trending in North America region. The Enterprise Key Management market is driven by the various factors such as it supports full key lifecycle management including partitioning, BYOK (Bring Your Own Key), generation, renewal, archiving and revocation of all types of standard cryptographic keys: RSA, ECC and AES keys for all purposes – encryption/decryption, digital signing and authentication. This has led to the widespread adoption of enterprise key management solutions.
The study also signifies that the Enterprise Key Management market is expected to grow at a high rate due to increasing volumes of sensitive data and to protect business-critical data from cyber- attacks. This has led to largely favored the adoption of enterprise key management solutions and services across various industries
The Enterprise Key Management market is growing rapidly over ~18.3% of CAGR and is expected to reach at USD ~$2,565 Million by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Enterprise Key Management Market Research Report -Forecast to 2023”.
The Encryption key management is administering the full lifecycle of cryptographic keys.
The lifecycle includes generating, using, storing, archiving, and deleting of keys. Managed services segment is expected to grow at a higher CAGR as the increasing need of managing high-profile data and segregating it according to the rules and policy of the industries is very much essential in a secure way, which therefore have enhanced the demand for enterprise security. According to the report, 43% of cyber security breaches were caused by internal activities or an organization.
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Market Research Analysis:
On geographic basis, Enterprise Key Management market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. In North America region, the increasing data security challenges moving along with strict compliance regulations is driving the adoption of enterprise key management solutions .
North America has highest market share and holds the largest market share. Whereas, Europe region is also showing a positive curve in growth of the Enterprise Key Management market. Asia Pacific is also expected to offer potential growth opportunities in the Enterprise Key Management Market with a highest CAGR as countries in the APAC region are investing in deployment that is secured, easy to use, and comprehensive data management solutions.
The global Enterprise Key Management market has been segmented on the basis of Services types, deployment type, applications, Organization Size, end users and region.
Major Key Player:
Texas Instruments Inc. (U.S), STMicroelectronics N.V. (Switzerland), NXP .Semiconductors N.V (Netherland), Invensense, Inc. (U.S), Rohm Co. Ltd. (Japan), Intel Corporation (U.S), Infineon Technologies AG (Germany), Memsic, Inc. (US), Microchip Technology Inc. (US), Robert Bosch GmbH (Germany), Analog Devices, Inc.(U.S), Broadcom .Limited (U.S), and Qualcomm Technologies (U.S) among others.
Enterprise Key Management Market Segmentation:
The Enterprise Key Management Market has been segmented on the basis of Services types, deployment type, applications, Organization Size, end users and region. It has been observed that private companies or
Telecommunications sector holds the largest market share due to the cost of protecting valuable enterprise data is increasing continuously. While the government and defense is showing a huge growth in Enterprise Key Management market.
Enterprise Key Management Market by Services Type:
• Professional services
• Managed services
• Others
Enterprise Key Management Market by deployment Type:
• On-premises
• Cloud
• Others
Enterprise Key Management Market by Application:
• Communication Encryption
• Cloud Encryption
• File/Folder Encryption
• Disk Encryption
• Database Encryption
• Others
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Enterprise Key Management Market by Organization Size:
• Small and Medium-Sized Enterprises (SMEs)
• Large enterprises
Enterprise Key Management Market by End Users:
• Aerospace
• Healthcare
• Educations
• Automotive
• Transportation
• Tourism
• Industries
• Government & Defense
• Telecommunications
• Others
Enterprise Key Management Market by Region:
• North America
• Europe
• United Kingdom
• Asia Pacific (APAC)
• Rest of the World (ROW)
Intended Audience
• System Security
• Key management vendors
• Encryption software Vendors
• Enterprise Key Management instrument
• Research organizations
• Analysts and strategic business planners
• Technology investors
• Security software Vendors
• System integrators
• Research/Consultancy firms
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