The study reveals that the market of Enterprise Key Management is trending in North America region. The Enterprise Key Management market is driven by the various factors such as it supports full key lifecycle management including partitioning, BYOK (Bring Your Own Key), generation, renewal, archiving and revocation of all types of standard cryptographic keys: RSA, ECC and AES keys for all purposes – encryption/decryption, digital signing and authentication. This has led to the widespread adoption of enterprise key management solutions.
The study also signifies that the Enterprise Key Management Market is expected to grow at a high rate due to increasing volumes of sensitive data and to protect business-critical data from cyber- attacks. This has led to largely favored the adoption of enterprise key management solutions and services across various industries.
The Enterprise Key Management Market is growing rapidly over 18.3% of CAGR and is expected to reach at USD 2,565 Million by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Enterprise Key Management Market -Forecast to 2023”.
Major Key Players:
• Texas Instruments Inc. (U.S)
• STMicroelectronics N.V. (Switzerland)
• NXP .Semiconductors N.V (Netherland)
• Invensense, Inc. (U.S)
• Rohm Co. Ltd. (Japan)
• Intel Corporation (U.S)
• Infineon Technologies AG (Germany)
• Memsic, Inc. (US)
• Microchip Technology Inc. (US)
• Robert Bosch GmbH (Germany)
• Analog Devices, Inc.(U.S)
• Broadcom .Limited (U.S)
• Qualcomm Technologies (U.S)
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Enterprise Key Management Market Segmentation:
The Enterprise Key Management Market has been segmented on the basis of Services types, deployment type, applications, Organization Size, end users and region. It has been observed that private companies or Telecommunications sector holds the largest market share due to the cost of protecting valuable enterprise data is increasing continuously. While the government and defense is showing a huge growth in Enterprise Key Management market.
Market Research Analysis:
On geographic basis, Enterprise Key Management market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. In North America region, the increasing data security challenges moving along with strict compliance regulations is driving the adoption of enterprise key management solutions . North America has highest market share and holds the largest market share.
Whereas, Europe region is also showing a positive curve in growth of the Enterprise Key Management market. Asia Pacific is also expected to offer potential growth opportunities in the Enterprise Key Management Market with a highest CAGR as countries in the APAC region are investing in deployment that is secured, easy to use, and comprehensive data management solutions.
The regional analysis of Enterprise Key Management Market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. Authenticating users prior to transacting business is main factor that drives the market of Enterprise Key Management in North America. The companies like Amazon Web Services is providing the most flexible and secure cloud computing environments available that drives a new generation of business productivity and collaboration for organizations.
Europe region is indicating a high growth in this market as many companies are using the encrypted data that limits the risk associated with the electronic transactions in the Enterprise Key Management. Asia-Pacific countries like China, Japan and India is also showing positive indication in the Enterprise Key Management Market. In developing countries such as China is using the method of replacing the handwritten signatures with the electronic equivalent.
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• System Security
• Key management vendors
• Encryption software Vendors
• Enterprise Key Management instrument
• Research organizations
• Analysts and strategic business planners
• Technology investors
• Security software Vendors
• System integrators
• Research/Consultancy firms
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