ENTERPRISE KEY MANAGEMENT MARKET
The global market of key management as a service is ready to be valued at USD 2,296.32 Million by 2025 from USD 363.54 million in 2018. The growth rate is calculated to be 31.22% CAGR for the market during the forecast period 2019–2025. Market Research Future presents the study on the global management as a service market and focuses on the crucial aspects such as driving factors, market players investing, regional shares and segmental analysis to understand better dynamics of the market for future.
Key Drivers & Challenges
Key management as a service; in general, encompasses facilities that consent to easy management of cryptographic keys for the safety of sensitive data, and credentials of enterprises across cloud as well as on-premise infrastructure. It also assists the enterprises to fortify its key control and information security to enhance IT efficiency through a secure encryption key security, multi-cloud support, and user access to key management. These factors have been showcased as prominent factors that are driving the market’s growth now.
At the same time, the emerging adoption of cloud-based platforms, mounting mandatory regulations in enterprises to meet compliances, and surging focus of organizations to augment their IT efficiency are the factors impacting the growth of key management as a service market constructively. On the other hand, the key management as a service offers centralized key management that ensures access to cloud providers with a single browser. By this, the market seeks several opportunities from the increasing demand for cloud-based key management solutions, which allows businesses to protect sensitive information. These factors have made the market more prominent, and now it is expected that it would gain more valuation during the forecast period.
On the flip side, the factor of lack of awareness on key management as a service might limit the adoption of key management solutions and services in the coming years. Besides, the market also faces challenges due to lack of technical expertise across organizations globally.
Market Segmentation
The worldwide key management, as a service market, as per the study, is segmented by component, application, organization size, and vertical.
In terms of component: Solution and services are the segments. Wherein, the segment of services, is additionally categorized into managed and professional services.
In terms of application: Disk encryption, files encryption, database encryption, communication encryption, and cloud encryption are the segments.
In terms of organization size: The small and medium-sized enterprises and large enterprises are the segments.
In terms of vertical: BFSI, healthcare, IT and telecommunication, government, retail, manufacturing, and aerospace and defense, among other segments.
Regional Framework
Market Research Future (MRFR) study has covered in its regional analysis of key management as a service market the key regions such as the US, Canada, and Mexico in North America.
Among these, the North America region is currently leading the global key management as a service market as it is an early adopter of technology. With this, the region also occupies the presence of a majority of key providers of key management as a service. The US also accounts for the largest market share due to highly skilled expertise and research and development capabilities that are aiming at developing solutions and services for enhanced information security. These factors have propelled the market growth of key management as a service in this region.
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The Global Enterprise Key Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.DriversLoss of high profile data and compliance issuesReduction in overall ownership price for securityRestraintsLack of awareness coupled with skilled workforceThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on component, deployment type, organization size, application and vertical.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Component – Managed ServicesBy Deployment Type - CloudBy Organization Size - Small And Medium-Sized Enterprises (SMEs)By Application - Disk EncryptionBy Vertical - Banking, Financial Services, And Insurance (BFSI)By Geography – North AmericaBrowse the complete Global Enterprise Key Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/19999-enterprise-key-management-market-reportThe report also covers the complete competitive landscape of the global Enterprise Key Management market with company profiles of key players such as:Amazon Web Services, Inc.CA Technologies, Inc.Dyadic SecurityGemalto NVGoogle Inc.Hewlett Packard EnterpriseIBM CorporationOracle CorporationQuantum CorporationDell EMCThales E-Security, Inc.Townsend SecurityVenafiWinmagic, Inc.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Component:SolutionsServicesProfessional ServicesManaged ServicesBy Deployment Type:On-PremisesCloudBy Organization Size:Small And Medium-Sized Enterprises (SMEs)Large EnterprisesBy Applications:Disk EncryptionFile/Folder EncryptionDatabase EncryptionCommunication EncryptionCloud EncryptionBy Vertical:Banking, Financial Services, And Insurance (BFSI)HealthcareGovernmentInformation Technology (IT) And TelecomRetailAerospace And DefenseEnergy And UtilitiesManufacturingOthers (Transportation, Education, And Tourism)By Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Enterprise Key Management Market @ https://www.decisiondatabases.com/contact/download-sample-19999The Global Enterprise Key Management Market has been exhibited in detail in the following chapters -Chapter 1 Enterprise Key Management Market PrefaceChapter 2 Executive SummaryChapter 3 Enterprise Key Management Industry AnalysisChapter 4 Enterprise Key Management Market Value Chain AnalysisChapter 5 Enterprise Key Management Market Analysis By ComponentChapter 6 Enterprise Key Management Market Analysis By Deployment TypeChapter 7 Enterprise Key Management Market Analysis By Organization SizeChapter 8 Enterprise Key Management Market Analysis By ApplicationsChapter 9 Enterprise Key Management Market Analysis By VerticalChapter 10 Enterprise Key Management Market Analysis By GeographyChapter 11 Competitive Landscape Of Enterprise Key Management CompaniesChapter 12 Company Profiles Of Enterprise Key Management IndustryPurchase the complete Global Enterprise Key Management Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-19999Other Reports by DecisionDatabases.com:Global Enterprise Asset Management (EAM) Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Enterprise Video Content Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Enterprise Content Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
