Public Key Infrastructure (PKI) Market Study by Key Trends, Regional Outlook and Segments Analysis to 2027

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Public Key Infrastructure (PKI) Market to 2027 -
Analysis By Leading Players, Key Regions And
Trend Forecast

• The global public key infrastructure (PKI) market
  is slated to register appreciable gains over the
  ensuing years, driven by the surging demand from
  enterprises for the enhancement of security
  capacities in response to the increasing
  instances of file-based attacks and malware. Such
  advancements are expected to drive the demand for
  public key infrastructure in cryptography through
  the forecasted period. On this note, the public
  key infrastructure (PKI) market size is estimated
  to surpass USD 7 billion by 2027, cites the
  latest research by Global Market Insights, Inc.
• The industry growth is also attributed to an
  increase in product launch initiatives by major
  public key infrastructure companies. For
  instance, in March 2019, Unisys Corporation
  rolled out Unisys Managed Public Key
  Infrastructure (PKI), a new service designed for
  the central management of the process by which
  enterprises authenticate devices and users on
  their networks.

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• Public key infrastructure comprises roles,
  software policies, and a procedure that is
  utilized for the creation, management, and
  distribution of digital certificates, and for the
  validation of cryptography owned by the user. PKI
  deployed encryption algorithms to help companies
  for securing communications and ensuring the
  privacy of data that has been sent from one
  computer to another.

• Over the recent years, the rising penetration of
  smartphones and internet has created a trend for
  online shopping. The market is reporting a
  massive upsurge in the number of financial
  transactions and digital payments. Therefore,
  retailers require encryption and authentication
  services for securing their network
  infrastructure and transactions. Owing to this,
  the retail segment is estimated to record
  exponential growth through the forecasted period.

• Meanwhile, enterprises have also started opting
  for public key infrastructure in cloud computing.
  This is because these systems aid in decreasing
  resources, infrastructure investments, and the
  time of individual enterprises by eliminating the
  requirement for organizations to invest in the
  deployment of infrastructure.

• In a nutshell, increasing digital interaction and
  the rising dependence on digital authentications
  and regulatory compliance across businesses will
  stimulate public key infrastructure (PKI) market
  growth over the assessment period.

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• Regional Analysis

• On the other hand, the public key infrastructure
  industry in Europe is estimated to hold a
  valuation of more than USD 1.5 billion by 2027.
  This growth is attributed to the surging demand
  for encryption technologies from enterprises for
  the purpose of securing cloud-based attacks on
  digital enterprise resources. The regional
  expansion is also propelled by the presence of
  numerous PKI vendors and the surging
  implementation of public key infrastructure
  management solutions for the detection and
  prevention of threats at their early stages.

• Competitive Analysis

• Key players operating in the market are ACTALIS
  S.p.A., Ascertia, Assa Abloy Group (HID Global),
  Comodo, DigiCert, Inc., DocuSign Inc., eMudhra
  Limited, Enigma Systemy Ochrony Informacji Sp. z
  o.o., Entrust Corporation, Futurex, Gemalto
  (Thales Group), GlobalSign Ltd., IBM Corporation,
  Microsoft Corporation, Nexus Secured Business
  Solutions AB, Securemetric, SIGNiX, Inc., SSL,
  Inc., Verisign Inc., and WISEKEY International
  Group

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