Public Key Infrastructure (PKI) Market 2018 Leading Key Leaders: Docusign, Comodo Group , Kofax,,GoDaddy, GMO GlobalSign, Verisign, Signix, Ascertia Company and Entrust Data Cartd

Market Highlights:

The Public Key Infrastructure (PKI) is a process that use combinations of keys for encryption and decryption information, this activity helps the user to do secure business such a transferring the money, sharing the important documents, and others over the unsecure networks. The keys that is use for exchange data is known as public key, and the key that verify data is known private key, once the codes of both keys are match transaction is successful.

The public key infrastructure ,consist of following essential member such as strong hardware, software easy to understand, and certain roles & policies that needed to be control, administrate, save, and revoke digital certificates. This certificates are prime parameter of this process, because they are the one who verify the keys exchange by individuals from there systems.

The public key infrastructure services offers perfect solution for growing incidents of cybercrimes activity because the security is major concern for many small businesses & large enterprises. Looking at this growth, ‘Market Research Future’ recently gave out the market insights till 2023. According to this MRFR analysis, the global public key infrastructure market is expected to reach USD $1.99 billion and to grow at CAGR of 22.7% during the forecast period.

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Major Key Players:

Verisign Inc. (U.S),
Docusign Inc. (U.S),
Comodo Group Inc. (U.S),
GoDaddy Group Inc. (U.S),
GMO GlobalSign Inc. (U.S),
Comodo, Signix Inc.v (U.S),
Identrust Inc. (U.S),
Gemalto N.V. (Netherlands),
Ascertia Company (U.S), Entrust Datacrad Corp. and others.

Verisign Inc., Comodo, GoDaddy Group, and Entrust Datacrad Corp. Are the dominat players accounting for more than 70 % of the market in 2016.

Drivers:
The healthcare sector is growing rapidly due to technical advancement, current scenario is that patients do not have to visit to clinics or doctor for report collection or health advice. The doctors are approaching as e-signatures technology through which all data related patient is share and it is accessible to that patient only.
As result the data is safe, and can be access only after the validation through e-signatures exchange between patients and doctor. It is predicted that PKI market will grow more with in terms of revenue with the help of e-signature technology.
The government & defense sector shared the highly classified data between the government and there agencies. Most of the time data is share from unsecure network, hence the safety of this data is top priority. So most this sector are using PKI service with strong encryption programs and digital certificate.
Even, Enterprises sector is undergoing through tough situation as they are not allowing their employees, clients and shareholder to access more classified information from anywhere and any device. This factor is creating more demand for the advanced public key infrastructure service in coming years.

Market Segments:
To generate a detailed understanding of the market the global public key infrastructure market has been segmented on the basis of services, deployment, end -users and region.
Based on services, the market has been segmented into PIN authentication, enrollment services, secure roaming, self-recovery, self-registration, others.
Based on deployment, the market has been segmented into cloud-based, on-premise, others.
Based on end-user, the market has been segmented into Healthcare and Life Sciences, Human Resources, Manufacturing, Government and Defense, BFSI, Education and Research, Others.
Based on regions, the market has been segmented into North America, Europe, APAC, and rest of the World.

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Trends:
2018: The Defense Information Systems Agency (DISA) has signed five-year contract with ‘X Technologies' located in Texas. The contract was sign with whooping amount of USD $38.3 million. The deal was made, to increase the security and technical capacity of the defense agency using public key infrastructure (PKI) service. Further it was said that, X Technologies will review system engineering documents for the DoD PKI and common service provider, as well as develop software to support the DISA.

Intended Audience
• Training and education service providers
• Data integration service providers
• Banking and Insurance service providers
• Technology standards organizations
• Digital signature vendors
• Digital signature service providers
• Product manufacturers/ developers
• Consultancy firms/advisory firms
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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This release was published on openPR.