A recent report published by Infinium Global Research on the public
key infrastructure market provides an in-depth analysis of segments and
sub-segments in the global as well as regional public key infrastructure
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional public key infrastructure market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global public key infrastructure market.
According to the report, the global public key infrastructure market is
projected to grow at a CAGR of 15.3% over the forecast period of 2019-2025.
A public key infrastructure (PKI) is a combination of software,
hardware, roles, policies, and procedures needed to create, distribute, manage,
use, store and revoke digital certificates and manage public-key encryption.
The purpose of public key infrastructure is to simplify the secure electronic
transfer of information for a range of network activities such as internet
banking, e-commerce, and confidential email. Public key infrastructure is
necessary for activities, where simple passwords are an insufficient
verification method and more rigorous proof is required to confirm the identity
of the parties involved in the communication and to authorize the information
being transferred. The global public key infrastructure is expected to grow
throughout the forecast period.
The growing adoption of digital signatures by enterprises is one
of the key factors for the growth of the public key infrastructure market
across the globe. The popularity of digital signatures is rising because of
their ability to improve the authenticity and integrity of digital messages
like email, documents, and code distributed through the Internet. Furthermore,
rising malware and file-based attacks, and increasing stringent regulations and
compliances also help to boost the growth of the public key infrastructure
market. However, the lack of technical skills related to digital certificates
may hamper the growth of the global market over the forecast period. Moreover,
the rising usage of digital documents, such as excel sheets, word docs, and
PDFs, creates an opportunity for the growth of the public key structure market in
the next few years.
In terms of region, North America holds the largest market share
in the public key infrastructure market. This is primarily due to the early
adoption of PKI solutions in the region. Furthermore, the presence of several
vendors that provide PKI also drives market growth in the North America region.
Also, the growing addition of IoT technologies in different certificates and
public key infrastructure has been improving the growth of the market in the
region. Europe is estimated to be the second-largest region in the public key
infrastructure market due to the growing number of certificate authorities in
this region. Moreover, Asia Pacific is expected to be the fastest-growing
region in the public key infrastructure market. Growing technology adoption,
huge opportunities across government and public sector, and the rise in the
number of startups in APAC countries, especially India helps the growth of the
The report on the global public key infrastructure market covers
segments such as solution, deployment model, and application. On the basis of
solution, the sub-markets include hardware and software. On the basis of the deployment model, the sub-markets include cloud-based, and on-premise. On the
basis of application, the sub-markets include BFSI, education and research,
real estate, healthcare, life sciences, human resources, government, legal,
defense, and manufacturing.
The report provides profiles of the companies in the market such
as Gemalto NV, GlobalSign, Entrust Datacard Corporation, DigiCert, Inc.,
Futurex, Comodo Security Solutions, Inc., Lexmark International Inc., Nexus
Group, ACTALIS S.p.A, and Verisign, Inc.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the public key
infrastructure market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.