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Digital Certificates and Public Key Infrastructure Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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In an increasingly information-centric world, it is crucial for organizations and businesses to access, share and exchange information. The exchange of information must be convenient, quick, safe and secure. Digital certificates and public key infrastructure (PKI) was developed for secure data transfer over unsecured networks. They both combine to form a single, unified product category. It has been used to confirm that the person sender information is the authenticated sender of the transaction while the person receiving information is the projected receiver. This also ensures the authenticity of transaction data. PKI needs a system that generates and manages digital certificates. The purpose of PKI is to establish and maintain a reliable networking environment. 

Digital certificates and public key infrastructure (PKI) represent one of the most valuable and secure solutions for customers across the globe for many purposes such as e-Passport, secure e-mail and network folder encryption, document-signing and strong authentication. The future of secure technology and application enablement is represented by the continued evolution of PKI. PKI is a modular, user-friendly and developed technology that enables organizations to validate users without any effort, protects crucial information at relatively low cost and provides dependable security. It provides a transparent and easy to use platform for the secure exchange of information over multiple networks. Once it has been deployed, PKI functions to validate identities, provides authenticated digital signatures, secures e-mail communication via encryption and encrypts critical information.

Improved operational efficiency at lower costs, improved security and controlled workflow and enhanced end-to-end customer experience act as the major drivers for promoting growth in the digital certificates and public key infrastructure market. It provides user organizations with many opportunities in the field of technological innovations with increased acceptance of cloud-based security solutions and secure communication. It acts as a tool to help in financial transactions, regulatory compliance and national security. Proper digital signature implementation is a major challenge in some networks. Lack of awareness and insufficient recognition among organizations about digital signature legalities is restraining the market’s growth.

The global digital certificates and public key infrastructure market has been segmented on the basis of solutions, services, deployment type, application and regionally. On the basis of solution, the market is classified into hardware and software solutions. By services the market has been divided into managed and professional services. Segmentation on the basis of deployment model includes cloud-based and on-premise models. By application the digital certification market has been divided into human resources, education and research, banking, financial services, and insurance, healthcare and life sciences, legal, real estate, manufacturing, government and defense and others. This market has been studied for five geographic regions namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. 

The cloud-based deployment mode is predicted to have the largest market share during the forecast period. This is because it provides digital signature solutions to users at a reduced operational and implementation cost. It involves quick and secure data exchange between authenticated sender and receiver in a signing-enabled cloud environment. This is in turn also reduces the use of paper. North America is forecasted to have largest market share due to the early adoption of cloud-based technology, followed by Europe, while the Asia Pacific region is expected to have fastest growth rate. The factors promoting market growth in this region will be the need for a secure and cost-effective solution for crucial data transfer with identity authentication facilities.

The major players of the global digital certificates and public key infrastructure market include Adobe Systems, Inc., Entrust Datacard Corporation, Rpost Technologies, Gemalto N.V., Esignlive By Vasco, Signix, Inc., Ascertia, Secured Signing Limited, Docusign, Kofax Limited (A Lexmark Company), and Identrust, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


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