Enterprise Key Management Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


Future Market Insights

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Saving the data over spreadsheets is a complex as well as inefficient when the volume of the data is large. With this increasing volume of complex and confidential data, the need for the data’s management and encryption is also increasing. The demand for the efficient management of data is important, furthermore, increasing with the introduction of new companies and growth of existing companies. The organisations globally prefer to encrypt their data instead of saving them in spreadsheets. In result to that, enterprise key management is introduced. Enterprise key management is a tool which provides specific keys for the encrypted data. Enterprise key management can be done either on premise or on a cloud. Enterprise key management maintains a cloud over which it stores the encrypted data and provides keys for accessing the data on the network or database. The keys, provided by enterprise key management system, are created and managed by hardware cryptographic modules. The enterprise key management system keeps the data secure and confidential, and accessible to the authorized organisations or users only.  

Enterprise Key Management Market: Drivers and Restraints

With the adoption of cloud based computing and increase in encryption of data the demand for the management of the same is increased, which acts as a driver for the enterprise key management market. In addition to this, increase in the number of cyber-attacks also forces the organisations to secure their data, which acts as a driving force in the enterprise key management market too.

Enterprise key management, transmission and storage is a very complex process and hence lacks knowledge and labour which acts as a restraint for the same.

Global Enterprise key managementMarket: Market Segmentation

Global APM Automation Tools Market can be divided into following segments-

Segmentation on basis of Deployment for Enterprise key managementMarket:

The major segments of Enterprise key management market on basis of deployment type include:

  • On-premise: The on-premise enterprise key management provides a uniform platform for consolidation and storage for enterprise key management. It also gives you an option to securely store keys for better flexibility

  • Cloud: The on cloud enterprise key management encrypts the data which is saved, managed and stored in the form of keys on a cloud. The keys over the cloud can be either be symmetric or asymmetric and can be decrypted according to its type.

Segmentation on basis of End-user for Enterprise key managementMarket:

The need for management of data is required in almost all the verticals increasing the demand of enterprise key management.

The major segments of Enterprise key management market on basis of end-user include:

  • Banks and financial services

  • Education

  • Business services

  • Government

  • Healthcare

  • IT

  • Media and entertainment

  • Pharmacies and retail

Regional Overview

The Enterprise key management market is sub-segmented into 7 key regions- North America, Latin America, East Europe, West Europe, Asia-Pacific excluding Japan, Japan and Middle East & Africa.

The APAC region is expected to be the fastest-growing region in the Enterprise key management market. The major reason being the increasing concern about data security across enterprises rises the demdn for enterprise key management solutions.

In the developed economies of the US and Canada, there is a high focus on enterprise key management solutions to secure critical data from hackers.

The North American is expected to have highest market share, followed by Europe in enterprise key management market.

Global Enterprise key managementMarket Technology Trends

Technological developments in enterprise key management market such as, introduction of cloud has increased and eased the management, storage, encryption and decryption of data. The enterprise key management is therefore done over the cloud providing a more secure platform for the confidential data and files.

Global Enterprise key managementCompetitive Landscape

Key Collaboration

Gemalto, a digital security provider, collaborated with Vaultive, Inc., a cloud data security provider, to enhance the encryption process and key management of the data over cloud. Together with the integration the users get a better security and management of their data.

Key Players

Some of the major Enterprise key management players are Amazon Web Services, Inc., Gemalto NV, Thales e-Security, Dyadic, IBM Corporation, Qualcomm Technologies, Townsend Security, Oracle, Winmagic, RSA Security LLC and Venafi.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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