Overview of the Global Public Key Infrastructure Market for

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Dublin, Nov 16, 2021 (GLOBE NEWSWIRE) – The report “Global Public Key Infrastructure Market by Component, Type of Deployment, Company Size, End User, Regional Outlook, Market Analysis Report industry and forecast, 2021-2027 “has been added to ResearchAndMarkets.com offer.

The global public key infrastructure (PKI) market size is expected to reach $ 10.5 billion by 2027, with the market growing 18.4% CAGR during the forecast period.

Public key infrastructure refers to a technological framework of encryption and cybersecurity security, which helps to secure the communication between the client and the server. This technology works by using two separate cryptographic keys, viz. a private key and a public key. A public key must be accompanied by a private key, which belongs to a relying party, in order to communicate on a website.

In addition, the technology protects user data against any kind of breach or theft. Many organizations are increasingly adopting the Secure Sockets Layer (SSL) certificate, which uses a public key infrastructure for authentication and encryption. These trusted certificates are issued by certification authorities and can be used to validate entities. The hierarchy of trust when issuing digital certificates involves many entities such as intermediate CAs, root CAs, and issuing CAs.

The process of enabling the sharing or transaction of data between recipient and sender by providing protection with public and private keys, which are sanctioned by central authorities using digital certificates, is known as public key infrastructure (PKI). The growing adoption of PKI services and solutions and the growing concerns related to the loss of important data are among the key aspects that enhance the growth of the PKI market. In addition, increasing cases of malware and file attacks, growing confidence in online vendors and customers, and strict mandatory compliance and regulations are expected to fuel the growth of the PKI market. The adoption of various cutting-edge technologies such as IoT and cloud trends is increasing, creating lucrative growth opportunities for major market players.

COVID-19 impact assessment

The outbreak of the COVID-19 pandemic has impacted various segments of society. During this crisis, the internet ecosystem has played a crucial role across the globe, which continues around the world. Several sectors, including BFSI, manufacturing, healthcare and life sciences, automotive, transportation and logistics, retail, among others, are increasingly using the Internet to provide their essential services to consumers. Many companies have seen a decrease in demand for a PKI system.

During the COVID-19 pandemic, many governments and regulators have called on public and private companies to implement new telecommuting practices and meet the social distancing standard. Today, digital modes of operation and the use of email with home servers have become the latest Business Continuity Plan (BCP) for many companies. There is a strong tendency of customers to use public key infrastructure due to heavy usage of mobile devices and internet penetration globally. Such trends and a distributed computing environment have made businesses more vulnerable to data breaches and cyber attacks, further accelerating the demand for PKI solutions.

Market growth factors:

Growing Concerns Over Critical Data Loss

Several companies are increasingly adopting various technological developments such as virtualization, enterprise mobility and cloud storage to increase business productivity. These advancements have enabled businesses to operate efficiently and in real time so that business information is easily accessible on mobile gadgets from the cloud and virtual storage. However, this access to important business data on mobile devices is expected to increase the risk of data loss and theft.

Growing adoption of the IoT trend in many industry verticals

Many companies focus primarily on the effects of the latest applications such as IoT on PKI. The introduction of IoT has offered several opportunities for each vertical sector. Companies are increasingly concerned about the instant release of new products to the market, regardless of the appropriate deployment of security controls. Because of this, the security concerns and cyber risks on the security of IoT devices are increasing.

Market restriction factor:

Using self-signed certificates

Many organizations establish private certificate authorities or use self-signed certificates to validate and protect internal servers, applications, and IP addresses, which do not need public trust, but require the security that the software provides. SSL encryption. These self-signed certificates can provide encryption just like a certificate signed by a trusted authority. However, the certificate could not be revoked as a trusted certificate, and this should lead to an attack on visitor connections.

Cardinal Matrix – Public Key Infrastructure (PKI) Market Competitive Analysis

The main strategies followed by market players are product launches. Based on the analysis presented in the cardinal matrix; Google, Inc. and Microsoft Corporation are pioneers in the public key infrastructure (PKI) market. Companies such as Amazon.com, Inc., Zoho Corporation Pvt. Ltd., Entrust Corporation, Futurex LP, HID Global Corporation are some of the leading innovators in the market.

The market research report covers the analysis of the major players in the market. The major companies featured in the report are Google, Inc., Amazon.com, Inc., Microsoft Corporation, Zoho Corporation Pvt. Ltd., Entrust Corporation (Thoma Bravo, LP), Futurex LP, HID Global Corporation, Venafi, Inc. (Thoma Bravo), Keyfactor (Certified Only, Inc.) and Nexus Group.

Main topics covered:

Chapter 1. Market Scope and Methodology

Chapter 2. Market Overview
2.1 Presentation
2.1.1 Overview
2.1.1.1 Impact of COVID-19
2.1.1.2 Market composition and scenario
2.2 Key factors influencing the market
2.2.1 Market drivers
2.2.2 Market restrictions

Chapter 3. Competitor Analysis – Global
3.1 Cardinal matrix
3.2 Recent Strategic Industry-Wide Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and Mergers
3.2.4 Geographic expansions
3.3 Best winning strategies
3.3.1 Main main strategies: percentage distribution (2017-2021)
3.3.2 Key strategic action: (Product launches and product expansions: 2017, July – 2021, August) Key players

Chapter 4. Global Public Key Infrastructure (PKI) Market by Component
4.1 Global Public Key Infrastructure (PKI) Solutions Market by Region
4.2 Global Public Key Infrastructure (PKI) Hardware Security Modules (HSM) Market by Region
4.3 Global Public Key Infrastructure (PKI) Services Market by Region

Chapter 5. Global Public Key Infrastructure (PKI) Market by Deployment Type
5.1 Global On-Premises Public Key Infrastructure (PKI) Market by Region
5.2 Global Cloud Public Key Infrastructure (PKI) Market by Region

Chapter 6. Global Public Key Infrastructure (PKI) Market by Company Size
6.1 Global Large Enterprise Public Key Infrastructure (PKI) Market by Region
6.2 Global Small and Medium Business Public Key Infrastructure (PKI) Market by Region

Chapter 7. Global Public Key Infrastructure (PKI) Market by End User
7.1 Global BFSI Public Key Infrastructure (PKI) Market by Region
7.2 Global Retail Public Key Infrastructure (PKI) Market by Region
7.3 Global Government and Defense Public Key Infrastructure (PKI) Market by Region
7.4 Global Healthcare Public Key Infrastructure (PKI) Market by Region
7.5 Global Telecommunications and IT Public Key Infrastructure (PKI) Market by Region
7.6 Global Manufacturing Public Key Infrastructure (PKI) Market by Region
7.7 Global Other Public Key Infrastructure (PKI) Market by Region

Chapter 8. Global Public Key Infrastructure (PKI) Market by Region

Chapter 9. Company Profiles
9.1 Google, Inc.
9.1.1 Company overview
9.1.2 Financial analysis
9.1.3 Sector and regional analysis
9.1.4 Research and development costs
9.1.5 Strategies and recent developments:
9.1.5.1 Partnerships, collaborations and agreements:
9.1.5.2 Product launches and product extensions:
9.1.6 SWOT Analysis
9.2 Amazon.com, Inc.
9.2.1 Company overview
9.2.2 Financial analysis
9.2.3 Sectoral and regional analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product launches and product extensions:
9.3 Microsoft Corporation
9.3.1 Company overview
9.3.2 Financial analysis
9.3.3 Sectoral and regional analysis
9.3.4 Research and development costs
9.3.5 Strategies and recent developments:
9.3.5.1 Partnerships, collaborations and agreements:
9.3.5.2 Acquisitions and Mergers:
9.3.5.3 Product launches and product extensions:
9.3.6 SWOT Analysis
9.4 Zoho Corporation Pvt. Ltd.
9.4.1 Company overview
9.4.2 Strategies and recent developments:
9.4.2.1 Product launches and product extensions:
9.4.2.2 Geographic extensions:
9.5 Entrust Corporation (Thoma Bravo, LP)
9.5.1 Company overview
9.5.2 Recent strategies and developments:
9.5.2.1 Acquisitions and Mergers:
9.6 Futurex SEC
9.6.1 Company overview
9.6.2 Strategies and recent developments:
9.6.2.1 Partnerships, collaborations and agreements:
9.6.2.2 Product launches and product extensions:
9.6.2.3 Geographic extensions:
9.7 Global Company HID
9.7.1 Company overview
9.7.2 Strategies and recent developments:
9.7.2.1 Partnerships, collaborations and agreements:
9.7.2.2 Acquisitions and Mergers:
9.7.2.3 Product launches and product extensions:
9.8 Venafi, Inc. (Thoma Bravo)
9.8.1 Company overview
9.8.2 Strategies and recent developments:
9.8.2.1 Partnerships, collaborations and agreements:
9.8.2.2 Product launches and product extensions:
9.9 Keyfactor (Certified only, Inc.)
9.9.1 Company overview
9.9.2 Strategies and recent developments:
9.9.2.1 Partnerships, collaborations and agreements:
9.9.2.2 Acquisitions and Mergers:
9.9.2.3 Product launches and product extensions:
9.10. Nexus Group
9.10.1 Company overview

For more information on this report, visit https://www.researchandmarkets.com/r/3tw10g


        
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