Public Key Infrastructure Market Size 2021 Global Industry Key Strategies, Historical Analysis, Segmentation, Application, Technology, Trends and Opportunities Forecasts to 2030

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Global Public Key Infrastructure Market is valued 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 the technology include cost avoidance, reliability, and authentication. The complex algorithm of PKIs leverages the market, as it slow 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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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

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

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 Organization Size:
Large Enterprise
Small and Medium-Sized Enterprises
By Deployment Type:
On Premises
Cloud 

By Vertical:
Banking, Financial Services and Insurance
Government & Defense
Telecom & IT
Healthcare & Life Science
Retail & eCommerce
Manufacturing & Automotive
Education
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
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Target Audience of the Global Voice Analytics 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
Investors

Chapter 1.Executive Summary
1.1.Market Snapshot
1.2.Key Trends
1.3.Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Market, by Component, 2016-2026 (USD Billion)
1.3.2.Public Key Infrastructure Market, by Organization Size, 2016-2026 (USD Billion)
1.3.3.Public Key Infrastructure Market, by Development Type, 2016-2026 (USD Billion)
1.3.4.Public Key Infrastructure Market, by End User, 2016-2026 (USD Billion)
1.3.5.Public Key Infrastructure Market, by Region, 2016-2026 (USD Billion)
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.Industry Evolution
2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates
Chapter 3.Global Public Key Infrastructure Market Dynamics
3.1.See Saw Analysis
3.1.1.Market Drivers
3.1.2.Market Challenges
3.1.3.Market Opportunities
Chapter 4.Global Public Key Infrastructure MarketIndustry Analysis
4.1.Porter's 5 Force Model
4.1.1.Bargaining Power of Buyers
4.1.2.Bargaining Power of Suppliers
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
4.2.PEST Analysis
4.2.1.Political Scenario
4.2.2.Economic Scenario
4.2.3.Social Scenario
4.2.4.Technological Scenario

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The post Public Key Infrastructure Market Size 2021 Global Industry Key Strategies, Historical Analysis, Segmentation, Application, Technology, Trends and Opportunities Forecasts to 2030 appeared first on America News Hour.

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