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CAGR +21.12% , Public Key Infrastructure Market to Develop New Growth Story: Latest Innovation by Key Players - DocuSign Inc., SIGNiX, Gemalto NV, VeriSign Inc., Comodo Group Inc.
Global Public Key Infrastructure Market research report presents a comprehensive overview, market shares, and growth opportunities of Public Key Infrastructure market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global Public Key Infrastructure market along with, market trends, drivers, and restraints of the Public Key Infrastructure market. This report includes a detailed competitive scenario and product portfolio of key vendors DocuSign Inc., SIGNiX, Gemalto NV, VeriSign Inc., Comodo Group Inc., Lexmark International Inc., GoDaddy Inc., GlobalSign, Ascertia, Entrust Datacard Corporation, and Assa Abloy Group.The global public key infrastructure market is expected to reach approximately USD 1,987.1 million by 2023, growing at a CAGR of 21.12% between 2018 and 2023.
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Report: A Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments
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A public key infrastructure (PKI) is a comprehensive system, consisting of a set of rules, policies, and methods to provide public key encryption. It also supports the distribution and identification of public encryption keys, due to which, both the users and devices can securely exchange data over networks such as the Internet or any other verified network. PKI is also responsible for the management of public key encryption. The tremendous growth of the Internet over the past decade has been fueled by the prospects of e-commerce and e-business. Moreover, information security has become a critical part of electronic transactions, where the presence of a supporting PKI has emerged as the most viable option. The public key infrastructure market comprises several segments based on the type of solution, deployment model, and end users. The public key infrastructure is widely adopted in various regions including North America, Europe, and Asia-Pacific.
The need for improved operational efficiency and growing concerns of information security are the major factors enhancing the growth of the public key infrastructure market. However, public key encryption is extremely secure and works efficiently, but it is based on a complicated algorithm. While working with huge volumes of encrypted data on a regular basis, the system's processing speed can slow down due to computational overhead.
The global public key infrastructure market is expected to grow at a 21.12% CAGR during the forecast period 2018-2023. In 2016, the market was led by North America with 37.38% share, followed by Asia-Pacific and Europe with 31.39% and 25.79% market shares respectively. Advancements in technology and growing IT and semiconductor industries are some of the factors propelling the growth of this market. Moreover, the rapid development of security solutions to curb the increasing frequency of cyber-attacks around the world is expected to contribute to the growth of the public key infrastructure market.
The global public key infrastructure market has been segmented based on solution, deployment, end-user, and region.
On the basis of solution, the market has been segmented into PIN authentication, enrolment services, secure roaming, inventory of digital identities, and self-registration. On the basis of deployment, the market has been segmented into cloud-based and on-premise. On the basis of end user, the market has been segmented into aerospace and defense, health and life sciences, human resources, manufacturing, government, BFSI, education, retail, and others. By region, the market has been segmented into North America, Asia-Pacific, Europe, and the rest of the world.
Based on deployment, the cloud-based segment accounted for the larger share with a market value of USD 335.4 million in 2016, which is projected to grow at the CAGR of 21.91% during the forecast period. Based on end user, the government segment accounted for the largest market share with a market value of USD 91.7 billion in 2016 and is projected to grow at the CAGR of 23.36%.
Key Findings
> The global public key infrastructure market is expected to reach USD 1,987.1 billion by 2023.
> Based on deployment, the cloud-based segment accounted for the largest market share with a market value of USD 335.4 million in 2016, which is projected to grow at the CAGR of 21.91% during the forecast period.
> Based on end-user, the government segment accounted for the largest market share with a market value of USD 91.7 billion in 2016 and is projected to grow at the CAGR of 23.36%.
> Geographically, North America is projected to hold the largest market share in the global public key infrastructure market followed by Asia-Pacific, Europe, and the rest of the world
Regional and Country Analysis of Public key infrastructure Market Estimation and Forecast
The global public key infrastructure market was led by North America and occupied 37.38% of the total market share in 2016. Asia-Pacific and Europe held the second and third position in the global public key infrastructure market globally by occupying 31.39% and 25.79% of the total market share respectively in 2016. Furthermore, Asia-Pacific is the fastest growing market at 23.38% CAGR. However, the market in the rest of the world is growing at a relatively slow rate and occupied only 5.44% market share in 2016.
Target 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
Essential Features & key highlights of the report:
Key players:
DocuSign Inc., SIGNiX, Gemalto NV, VeriSign Inc., Comodo Group Inc., Lexmark International Inc., GoDaddy Inc., GlobalSign, Ascertia, Entrust Datacard Corporation, and Assa Abloy Group.
Market Segmentation:
By Solution (PIN Authentication, Enrollment Services, Inventory of Digital Identities, Secure Roaming, Self-Recovery, Self-Registration), Deployment (Cloud-Based, On-Premise),
By End-User (Aerospace and Defense, Health and Life Sciences, Human Resources, Manufacturing, Government, BFSI, Education, Retail, and Others)
Geographical Breakdown:
Market Segment by Countries, covering
North America (United States, Canada, Mexico) Market Revenue and/or Volume
Europe (Germany, UK, France, Russia, Italy) Market Revenue and/or Volume
Asia Pacific (China, Japan, Korea, India, Southeast Asia) Market Revenue and/or Volume
Middle-East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa) Market Revenue and/or Volume
South America (Brazil, Argentina, Colombia) Market Revenue and/or Volume
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Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017 | Base year – 2018 | Forecast period** – 2019 to 2025 [** unless otherwise stated]
The report provides a basic overview of the Public Key Infrastructure industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and capital expenditures.
Further, it focuses on global major leading industry players with information such as company profiles, product picture, and specifications, sales, market share and contact information. What’s more, the Public Key Infrastructure industry development trends and marketing channels are analyzed.
The study is organized with the help of primary and secondary data collection including valuable information from key vendors and participants in the industry. It includes historical data from 2012 to 2017 and projected forecasts till 2025 which makes the research study a valuable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry related data in readily accessible documents with easy to analyze visuals, graphs and tables. The report answers future development trend of Public Key Infrastructure based on of stating current situation of the industry in 2019 to assist manufacturers and investment organization to better analyze the development course of Public Key Infrastructure Market.
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The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information the key players in the Global Public Key Infrastructure Market
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Public Key Infrastructure Market
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Public Key Infrastructure Market
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Public Key Infrastructure Market
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Public Key Infrastructure Market
The report covers the following chapters
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Public Key Infrastructure market, Applications, Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Public Key Infrastructure Market Analysis, segmentation sizing & growth;
Chapter 6 and 7, to show the Public Key Infrastructure Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[North America, Europe, China & Japan ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influences, framework accumulated through Industry opinion leaders and decision makers;
Chapter 11 and 12, Customer behavior, Marketing Channels of Public Key Infrastructure and demand map.
Chapter 13 and 14, highlights on vendor landscape (classification and Players Rank, up/Down in Positioning)
Chapter 15, deals won by Global Public Key Infrastructure Industry Players, sales channel, distributors, Research Recommendation, appendix and data sources.
……..and view more in complete table of Contents
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