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Global Public Key Infrastructure Market to reach USD 4 Billion by 2027.

Global Public Key Infrastructure Market by Component (Solution and Services (Professional and Managed), Deployment Type (On-Premise, Cloud),by Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), by Industry Vertical (BFSI, Telecom and IT, Retail and e-commerce, Healthcare and Life Sciences, Manufacturing and Automotive, Education, Government and Defense, Others), and Regional Forecasts 2021-2027

Product Code: ICTICTI-45353817
Publish Date: 5-07-2021
Page: 200

Global Public Key Infrastructure Market is valued approximately at USD 1.5 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2021-2027. Public Key Infrastructure is a set of roles, hardware, software, procedures and policies needed to create, manage, distribute, use, store and revoke digital certificates and manage public-key encryption. PKI facilitates the secure electronic transfer of information for a range of network activities. With increasing use of internet for many purposes such as business is increasing the risk of malware and file-based attacks which is driving the market growth for the PKI market. The increasing use of policy of Bring Your Own Device among enterprise for instance 67% of employees use personal devices at work and 59% of organizations adopt BYOD which increases the amount of data dealt in with and increased concerns of cyber security is also fueling the growth of the market. But the lack of awareness regarding the PKI solutions across the enterprises is restraining the market growth. Also, the introduction of private certificate authorities is also expected to hinder the growth of market. Introduction of Cloud based services in global organizations will give immense opportunities to the global PKI market. Furthermore, the growth of IoT across various industry verticals has also provided plethora of opportunities to the PKI market.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Public Key Infrastructure market. North America held a major market share of more than 35% in 2020 and is likely to dominate the market in the forecasted period due to the growing digitalization which has enabled enterprises which will expand the accessibility of their resources. Also, Europe is expected to grow significantly in the forecasted period because of the presence of several vendors and the growing implementation of PKI solutions.
Major market player included in this report are
Nexus Group
Entrust Datacard

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By component:
Professional Services
Managed Services
By deployment type:
By organization size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By industry vertical:
Telecom and IT
Retail and e-commerce
Healthcare and Life Sciences
Manufacturing and Automotive
Government and Defense

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Public Key Infrastructure Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Public Key Infrastructure Market , by Region, 2019-2027 (USD Billion)
1.2.2. Public Key Infrastructure Market , by Component, 2019-2027 (USD Billion)
1.2.3. Public Key Infrastructure Market , by Deployment Type , 2019-2027 (USD Billion)
1.2.4. Public Key Infrastructure Market , by Organization Size, 2019-2027 (USD Billion)
1.2.5. Public Key Infrastructure Market , by Industry Vertical, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Public Key Infrastructure Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Public Key Infrastructure Market Dynamics
3.1. Public Key Infrastructure Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing use of internet in businesses Increasing policy of Bring Your Own Device
3.1.2. Market Restraint Lack of awareness Introduction of private certificate authorities
3.1.3. Market Opportunities Cloud based services Growth of IoT
Chapter 4. Global Public Key Infrastructure Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Public Key Infrastructure Market, by Component
5.1. Market Snapshot
5.2. Global Public Key Infrastructure Market by Component, Performance – Potential Analysis
5.3. Global Public Key Infrastructure Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
5.4. Public Key Infrastructure Market , Sub Segment Analysis
5.4.1. Solution
5.4.2. Services
5.4.3. Professional Services
5.4.4. Managed Services
Chapter 6. Global Public Key Infrastructure Market , by Deployment Type
a. Market Snapshot
6.1. Global Public Key Infrastructure Market by Deployment Type, Performance – Potential Analysis
6.2. Global Public Key Infrastructure Market Estimates & Forecasts by Deployment Type 2018-2027 (USD Billion)
6.3. Public Key Infrastructure Market , Sub Segment Analysis
6.3.1. On-premises
6.3.2. Cloud
Chapter 7. Global Public Key Infrastructure Market , by Organization Size
b. Market Snapshot
7.1. Global Public Key Infrastructure Market by Organization Size, Performance – Potential Analysis
7.2. Global Public Key Infrastructure Market Estimates & Forecasts by Organization Size 2018-2027 (USD Billion)
7.3. Public Key Infrastructure Market , Sub Segment Analysis
7.3.1. Small and Medium-sized Enterprises (SMEs)
7.3.2. Large Enterprises
Chapter 8. Global Public Key Infrastructure Market, by Industry Vertical
c. Market Snapshot
8.1. Global Public Key Infrastructure Market by Industry Vertical, Performance – Potential Analysis
8.2. Global Public Key Infrastructure Market Estimates & Forecasts by Industry Vertical 2018-2027 (USD Billion)
8.3. Public Key Infrastructure Market , Sub Segment Analysis
8.3.1. BSFI
8.3.2. Telecom and IT
8.3.3. Retail and E-commerce
8.3.4. Healthcare and Life Sciences
8.3.5. Manufacturing and Automotive
8.3.6. Education
8.3.7. Government and Defense
8.3.8. Others
Chapter 9. Global Public Key Infrastructure Market, Regional Analysis
9.1. Public Key Infrastructure Market , Regional Market Snapshot
9.2. North America Public Key Infrastructure Market
9.2.1. U.S. Public Key Infrastructure Market Component breakdown estimates & forecasts, 2018-2027 Deployment Type breakdown estimates & forecasts, 2018-2027 Organization Size breakdown estimates & forecasts, 2018-2027 Industry Vertical breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Public Key Infrastructure Market
9.3. Europe Public Key Infrastructure Market Snapshot
9.3.1. U.K. Public Key Infrastructure Market
9.3.2. Germany Public Key Infrastructure Market
9.3.3. France Public Key Infrastructure Market
9.3.4. Spain Public Key Infrastructure Market
9.3.5. Italy Public Key Infrastructure Market
9.3.6. Rest of Europe Public Key Infrastructure Market
9.4. Asia-Pacific Public Key Infrastructure Market Snapshot
9.4.1. China Public Key Infrastructure Market
9.4.2. India Public Key Infrastructure Market
9.4.3. Japan Public Key Infrastructure Market
9.4.4. Australia Public Key Infrastructure Market
9.4.5. South Korea Public Key Infrastructure Market
9.4.6. Rest of Asia Pacific Public Key Infrastructure Market
9.5. Latin America Public Key Infrastructure Market Snapshot
9.5.1. Brazil Public Key Infrastructure Market
9.5.2. Mexico Public Key Infrastructure Market
9.6. Rest of The World Public Key Infrastructure Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Gemalto Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Nexus Group
10.2.3. Verisign
10.2.4. Entrust Datacard
10.2.5. DigiCert
10.2.6. Futurex
10.2.7. Comodo
10.2.8. GlobalSign
10.2.9. WISeKey
10.2.10. SSL.com
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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