Enterprise Key Management Market Top Key Players: Amazon Web Services, Inc., IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise

Zion Market Research has published a new report titled “Enterprise Key Management Market by Deployment (Cloud and On-Premises), by Component (Solutions and Services (Professional and Managed)), by Application (Cloud Encryption, Communication Encryption, File/Folder Encryption, Disk Encryption, and Database Encryption), and by End-User (Information Technology (IT) and Telecom, Banking, Financial Services, and Insurance (BFSI), Healthcare, Manufacturing, Government, Retail, Energy and Utilities, Aerospace and Defense, and Others): Global industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024’’. According to the report, the global enterprise key management market was valued at around USD 928 million in 2017 and is expected to reach approximately USD 3,485 million by 2024, growing at a CAGR of slightly above 20.80% between 2018 and 2024.

Request Free Sample Report Keyword @ https://goo.gl/sWh1QB

The growing number of cyber security threats, such as data breaches and malware, has forced enterprises to adopt numerous encryption technologies. An enterprise key management basically creates, circulates, stores, and deletes encrypted data keys. It also integrates a centralized management tool for securing encrypted data keys of an organization.

Currently, the rate of cybercrimes, such as malware and data breaches, is on the rise globally. In 2016, more than 6.83 million malware specimens were encountered. Gemalto reported that nearly 900 data breaches happened in the second quarter of 2017. More than 1.9 billion data breach records were registered by June 2017. Encrypting sensitive data is the primary concern of every organization for which they are substantially opting enterprise key management solutions. Many organizations are unaware of enterprise key management solutions and still rely on basic encryption key management solutions. The flourishing IoT industry has elevated the use of cloud-based data storage. The huge demand for encrypting massive cloud-based data is anticipated to create enormous opportunities in the forecast period for the enterprise key management market globally. As per reports, the IoT market accounted nearly USD 157 billion in 2016 and is anticipated to generate USD 457 billion by 2020.

The enterprise key management market is divided based on deployment, component, application, and end-user. The deployment segment includes cloud and on-premises. The on-premises segment holds significant market share, as it is highly preferred by large-scale enterprises due to its flexibility and security for accessing encrypted data keys. The component segment is bifurcated into solutions and services. The recurrent need to ensure correct implementation and incorporation of enterprise key management solutions is anticipated to fuel the services segment in the upcoming years. By application, this market includes cloud encryption, communication encryption, file/folder encryption, disk encryption, and database encryption. Cloud encryption is anticipated to grow significantly over the forecast time period, due to the emerging cloud-based data storage solutions.

Download Free PDF Research Report Brochure @ https://goo.gl/h7tDfD

The end-user segment includes information technology (IT) and telecom, banking, financial services, and insurance (BFSI), healthcare, manufacturing, government, retail, energy and utilities, aerospace and defense, and others (transportation, education, and tourism). BFSI is expected to hold the largest market share, due to its prominent use in securing e-commerce and online transactions and for other digitized financial purposes.

By region, the enterprise key management market includes North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The presence of globally renowned market vendors is likely to make North America dominate the enterprise key management market globally over the estimated timeline.

Some globally renowned players of the enterprise key management market are Gemalto NV, Amazon Web Services, Inc., International Business Machines Corporation, Oracle Corporation, Hewlett Packard Enterprise, Venafi, RSA Security LLC, and Thales e-Security, Inc., among others.

The report segments the global enterprise key management market into:

Enterprise Key Management Market: Deployment Analysis

Cloud
On-Premises

Enterprise Key Management Market: Component Analysis

Solutions
Services
Professional Services
Managed Services

Enterprise Key Management Market: Application Analysis

Cloud Encryption
Communication Encryption
File/Folder Encryption
Disk Encryption
Database Encryption

Enterprise Key Management Market: End-User Analysis

Information Technology (IT) and Telecom
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Government
Retail
Energy and Utilities
Aerospace and Defense
Others

Browse the full "Enterprise Key Management Market" Report at https://goo.gl/1vuDJf

Enterprise Key Management Market: Regional Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

This release was published on openPR.