Public Key Infrastructure Market is valued at approximately USD 1.5 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2019-2026

Global Public Key Infrastructure Market is valued at approximately USD 1.5 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.1% over the forecast period 2019-2026. A public key infrastructure (PKI) are policies, roles, and procedures essential to manage, distribute, digital certificates and public-key encryption with an aim to secure the transfer of electronic information. The increasing demand for electronic communication generated from the growing range of network activities including e-commerce, internet banking, and confidential email are the prime drivers of the market. PKIs work in alignment with organizational goals to enhance operational efficiency and scalability. The expansion of the public key infrastructure market is driven by technology include cost avoidance, reliability, and authentication. The complex algorithm of PKIs leverages the market, as it slows down the encryption time for massive amounts of data. The commercialization of 5G networks and developments in the IoT technology create lucrative growth prospects for the Public Key Infrastructure market over the forecasted period of 2019-2026.

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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.

Major market player included in this report are:
Gemalto
Nexus Group
Verisign
Entrust Datacard
DigiCert
Futurex
Comodo
GlobalSign
WISeKey
SSL.Com

The regional analysis of global Public Key Infrastructure market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to early adoption of PKI solution and the presence of several key players that provide PKI are expected to drive market growth in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such arising disposable income, rising demand for electronic communication as well as dependency on digitalization, create lucrative growth prospects for the Public Key Infrastructure market across North American region.

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Posted by on Friday October 18 2019, 3:01 AM EST. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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