According to a new market research report published by Global Insight Services ” Public Key Infrastructure (PKI) Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Public key infrastructure (PKI) is a system of digital certificates, digital signatures, and cryptographic keys that are used to authenticate and authorize individuals and entities on the Internet. PKI is used to verify that a person or entity is who they claim to be, and to ensure that the data they are sending or receiving is not tampered with.
PKI is based on the concept of asymmetric cryptography, which uses a pair of keys – a public key and a private key – to encrypt and decrypt data. The public key can be shared with anyone, and is used to encrypt data. The private key is kept secret, and is used to decrypt data.
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Key Players
- Thales
- Entrust Datacard
- DigiCert
- ManageEngine
- Microsoft
- HID Global
Key Trends and Drivers
One of the key trends in the PKI market is the move toward cloud-based PKI solutions. Cloud-based PKI solutions offer a number of advantages over traditional on-premises PKI solutions, including lower costs, easier deployment and management, and increased flexibility.
Another key trend in the PKI market is the increasing adoption of elliptic curve cryptography (ECC). ECC is a newer form of public key cryptography that offers better security than traditional RSA cryptography. As more organizations become aware of the benefits of ECC, we expect to see increased adoption of this technology in PKI systems.
Finally, another key trend in the PKI market is the increasing use of biometrics for authentication. Biometric authentication, such as fingerprint or iris scanning, is more secure than traditional password-based authentication. As more organizations seek to increase the security of their PKI systems, we expect to see more adoption of biometric authentication.
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Market Segments
By Component
- Solutions
- Services
- Hardware Module
By Deployment mode
- Cloud
- On-premises
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- IT and ITES
- BFSI
- Healthcare
- Retail
- Manufacturing
- Government and Defense
- Others
Key Players
- Thales
- Entrust Datacard
- DigiCert
- ManageEngine
- Microsoft
- HID Global
Reasons to buy Public Key Infrastructure (PKI) Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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