DBMR - ICT

Global Enterprise key Management Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • May 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Enterprise key Management Market By Component (Solutions, Services{ Professional Services, Consulting, System Integration, Deployment and Support}, Managed Services), Deployment Type(Cloud, On-Premises) Organization Size(Large Enterprises, Small and Medium-Sized Enterprises), Application(Disk Encryption, File and Folder Encryption, Database Encryption, Communication Encryption, Cloud Encryption), End-User(Banking, Financial Services, and Insurance (BFSI), Healthcare, Government, IT and Telecom, Retail, Aerospace and Defense, Energy and Utilities, Manufacturing, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Enterprise key Management Market 

Global Enterprise key Management Market is expected to rise from its initial estimated value of USD 1.61 billion in 2018 to an estimated value of USD 7.4 billion by 2026, registering a CAGR of 21.00% in the forecast period of 2019-2026. This rise in market value can be increasing levels of adoption of maximized operational efficiency and security.

Market Definition: Global Enterprise key Management Market 

Enterprise key management refers to professional key management system which provides encryption keys to different operating system in order to avoid unauthorized access. It is basically designed to address problems using cryptographic keys for data. It is widely applicable in IT and telecom, retail, aerospace and defence, energy and utilities, manufacturing, and others. Decreased overall ownership cost for security act as the major driver in the growth of enterprise key management market. On the other hand lack of awareness may hamper the market.

Market Drivers:

  • There is decrease in overall ownership cost for security that is expected to drive the market growth.
  • There is high demand for operational efficiency and security which is expected to drive the market growth.
  • There is high demand for enterprise key management due loss of high profile data and compliance issues is also going to drive the market growth.

Market Restraints:

  • There is lack of awareness and skilled workforce in enterprise key management. This is also expected to act as a restraint to the market growth.

Segmentation: Global Enterprise key Management Market 

By Component

  • Solutions
  • Services

    • Professional Services

      • Consulting
      • System Integration
      • Deployment and Support

    • Managed Services

By Deployment Type

  • Cloud
  • On-Premises

By Organization Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

By Application

  • Disk Encryption
  • File and Folder Encryption
  • Database Encryption
  • Communication Encryption
  • Cloud Encryption

By End-User

  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare
  • Government
  • IT and Telecom
  • Retail
  • Aerospace and Defense
  • Energy and Utilities
  • Manufacturing
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2019 Accenture Acquired Zielpuls. Zielpuls is a technology consultancy. Focus of this is to Enhance Software Development for enterprise Sysyterm in Automobile, hardware Engineering.
  • In April 2019, Thales E-Security, Inc. Acquired Gemalto. With this acquisition thales will be a world-class leader with an unrivalled portfolio of digital identity and security solutions based on technologies such as biometry, data protection, and, more broadly, cybersecurity.

Competitive Analysis

Global enterprise key management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of enterprise key management market for Global, Europe, North America, Asia-Pacific and South America and Middle East and Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the enterprise key management market are Amazon Web Services, Inc. (US), Gemalto NV (Netherland), Hewlett Packard Enterprise Development LP (US), International Business Machines (IBM) Corporation (US), Oracle (US), RSA Security LLC (US), Thales eSecurity (France), Venafi (US), Broadcom.(US), Dyadic Security Ltd. (Israel),  Google Inc (US), Quantum Corporation (US), Dell Inc.. (US), Townsend Security (US), WinMagic (US), Sun Microsystems, Inc. (U.S), Virtucript, LLC (U.S) and others.

Research Methodology: Global Enterprise key Management Market 

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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