Global Key Management as a Service (KMaaS) Market is valued USD 220 million in 2016 is anticipated to grow USD 2.16 billion with the compounded annual growth of 28.89% over the forecast period 2018-2025.

New York 26 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Key Management as a Service (KMaaS) market industry is poised to raise USD 2.16 billion by 2025. The major factors speculated to augment the markets are growing choice of cloud-based contact centers, the escalating need for the automation of contact center solutions and increasing focus on improving customer experience through omnichannel solutions.

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Global Key Management as a Service (KMaaS) Market Size Study By Component (Services, and Solution), By Application (Communication Encryption, Disk Encryption, Database Encryption, File/Folder Encryption, Cloud Encryption), By Enterprise (SMEs, and Large), By End-Use, and By Regional Forecasts, 2018-2025

The industry is seeming to be fairly competitive. Some of the leading market players include KeyNexus, Inc., CipherCloud, Thales E-Security, Inc., Gemalto, Egnyte, Google LLC, Unbound Tech, IBM Corp., Sepior, Box, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Key findings of the study:

  • North America region accounted for the leading market share, more than XX % of the total market in 2016.
  • The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025

Bizwit Research & Consulting LLP has considered following segments for the study:

By Component:

  • Service
    • Professional
    • Managed
  • Solution

By Application:

  • Communication Encryption
    • Voice Encryption
    • Instant Messaging Encryption
    • Email Encryption
  • Disk Encryption
  • Database Encryption
    • Database-Level Encryption
    • Application-Level Encryption
  • File/Folder Encryption
  • Cloud Encryption

By Enterprise:

  • SMEs
  • Large Enterprises

By End-Use:

  • Healthcare & Lifesciences
  • Banking, Financial Services & Insurance (BFSI)
  • Government
  • Aerospace & Defense
  • Consumer Goods & Retail
  • Telecom & IT
  • Manufacturing
  • Energy & Utilities
  • Others

Regional Outlook:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

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