Public Key Infrastructure (PKI) Market 2021 - Regional Outlook and Competitive Strategies Analysis to 2027

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Public Key Infrastructure (PKI) Market to 2027 - Analysis
By Leading Players, Key Regions And Trend Forecast
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 The global public key infrastructure (PKI) market is slated to register appreciable
gains over the ensuing years, driven by the surging demand from enterprises for the
enhancement of security capacities in response to the increasing instances of file-
based attacks and malware. Such advancements are expected to drive the demand
for public key infrastructure in cryptography through the forecasted period. On this
note, the public key infrastructure (PKI) market size is estimated to surpass USD 7
billion by 2027, cites the latest research by Global Market Insights, Inc.
 The industry growth is also attributed to an increase in product launch initiatives by
major public key infrastructure companies. For instance, in March 2019, Unisys
Corporation rolled out Unisys Managed Public Key Infrastructure (PKI), a new
service designed for the central management of the process by which enterprises
authenticate devices and users on their networks.

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 Public key infrastructure comprises roles, software policies, and a procedure that is
utilized for the creation, management, and distribution of digital certificates, and for
the validation of cryptography owned by the user. PKI deployed encryption
algorithms to help companies for securing communications and ensuring the privacy
of data that has been sent from one computer to another.
 Meanwhile, enterprises have also started opting for public key infrastructure in cloud
computing. This is because these systems aid in decreasing resources, infrastructure
investments, and the time of individual enterprises by eliminating the requirement
for organizations to invest in the deployment of infrastructure.
 Over the recent years, the rising penetration of smartphones and internet has
created a trend for online shopping. The market is reporting a massive upsurge in the
number of financial transactions and digital payments. Therefore, retailers require
encryption and authentication services for securing their network infrastructure and
transactions. Owing to this, the retail segment is estimated to record exponential
growth through the forecasted period.
 In a nutshell, increasing digital interaction and the rising dependence on digital
authentications and regulatory compliance across businesses will stimulate public key
infrastructure (PKI) market growth over the assessment period.

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4.  Key players operating in the market are: ACTALIS S.p.A., Ascertia, Assa Abloy Group
(HID Global), Comodo, DigiCert, Inc., DocuSign Inc., eMudhra Limited, Enigma Systemy
Ochrony Informacji Sp. z o.o., Entrust Corporation, Futurex, Gemalto (Thales Group),
GlobalSign Ltd., IBM Corporation, Microsoft Corporation, Nexus Secured Business
Solutions AB, Securemetric, SIGNiX, Inc., SSL, Inc., Verisign Inc., and WISEKEY
International Group
 On the other hand, the public key infrastructure industry in Europe is estimated to
hold a valuation of more than USD 1.5 billion by 2027. This growth is attributed to the
surging demand for encryption technologies from enterprises for the purpose of
securing cloud-based attacks on digital enterprise resources. The regional expansion is
also propelled by the presence of numerous PKI vendors and the surging
implementation of public key infrastructure management solutions for the detection
and prevention of threats at their early stages.
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 Regional Analysis
 Competitive Analysis

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