Digital Certificates and Public Key Infrastructure Market
Digital Certificates and Public Key Infrastructure Market is likely to witness substantial rise, expanding at an exponential CAGR of 23.60
Digital Certificates and Public Key Infrastructure Market is likely to witness substantial rise, expanding at an exponential CAGR of 23.60
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Digital</strong> <strong>Certificates</strong> <strong>and</strong> <strong>Public</strong> <strong>Key</strong> <strong>Infrastructure</strong> <strong>Market</strong> is likely to witness substantial rise,<br />
exp<strong>and</strong>ing at an exponential CAGR of 23.60% between 2017 <strong>and</strong> 2025. The opportunity in this<br />
market is projected to rise from US$1.95 bn in 2016 to US$12.90 bn by the end of 2025<br />
<strong>Digital</strong> <strong>Certificates</strong> <strong>and</strong> <strong>Public</strong> <strong>Key</strong> <strong>Infrastructure</strong> <strong>Market</strong> : Present<br />
Scenario <strong>and</strong> the Growth Prospects with Forecast 2025<br />
The global market for digital certificates <strong>and</strong> public key infrastructure is highly consolidated in<br />
nature, finds a research report by Transparency <strong>Market</strong> Research (TMR). With the recent<br />
acquisitions of small companies by giants ones, the market is likely to undergo more<br />
consolidation over the next few years.<br />
In 2016, more than 76% of the overall market was held by the top four players in this market,<br />
namely, Verisign Inc., Comodo, GoDaddy Group, <strong>and</strong> Entrust Datacrad Corp. These companies<br />
are expected to upgrade service quality <strong>and</strong> diversify their value added services on a regular<br />
basis, which is anticipated to further increase the competition within the market in the years to<br />
come, states the research report.<br />
Get Full Report Details @<br />
https://www.transparencymarketresearch.com/digital-certificates-public-keyinfrastructure-market.html<br />
According to TMR, the opportunity in the global digital certificates <strong>and</strong> public key infrastructure<br />
market was US$1.95 bn in 2016. Thanks to the innovations in the technology <strong>and</strong> the widening<br />
application base, the market is likely to exp<strong>and</strong> at a remarkable CAGR of 23.60% during the<br />
period from 2017 to 2025 <strong>and</strong> attain a value of US$12.90 bn by the end of the period of the<br />
forecast. Among the type of solutions provided in this market, software solutions have been more<br />
popular <strong>and</strong> are anticipated to remain leading throughout the forecast period, reports the study.<br />
In this research report, the BFSI, real state, education <strong>and</strong> research, healthcare <strong>and</strong> life sciences,<br />
human resources, legal, manufacturing, <strong>and</strong> the government <strong>and</strong> defense sectors have been<br />
considered as the key application areas of digital certificates <strong>and</strong> public key infrastructure across<br />
the world. As per the study, the dem<strong>and</strong> for digital certificates has been stronger in the BFSI<br />
sector compared to other application areas. The scenario is anticipated to remain the same in the<br />
years to come, thanks to the growing awareness among consumers about these solutions,<br />
resulting in their increased adoption for safe <strong>and</strong> reliable transactions across the world.<br />
Get Table of Content Of Report @<br />
https://www.transparencymarketresearch.com/report-toc/20477
The report also analyzes this market on the basis of its presence across various regions, i.e.,<br />
North America, Asia Pacific, Europe, the Middle East <strong>and</strong> Africa, <strong>and</strong> South America. With a<br />
revenue of US$678.8 mn, North America led the overall market in 2016. The regional market is<br />
expected to remain dominant throughout the forecast period, thanks to the presence of the key<br />
market players, such as Comodo <strong>and</strong> Verisign, <strong>and</strong> giant browser makers, such as Google <strong>and</strong><br />
Apple, in this region.<br />
“Since digital certificates <strong>and</strong> public key infrastructure solutions help collect signatures without<br />
signing or printing a physical document, thereby decreasing the cycle time lapsed in signature<br />
gathering <strong>and</strong>, consequently, making the enterprises more agile, their dem<strong>and</strong> has been increased<br />
substantially,” says the author of this study. These solutions also help enterprises in reducing the<br />
cost for storing signatures on paper, leading to a decreased operational cost.<br />
The increasing knowledge about these benefits among consumers is reflecting positively on the<br />
market’s growth. The future of this market also looks thriving. However, it may face challenges<br />
from the lack of awareness <strong>and</strong> technical incompetency over the next few years, states the<br />
research report.<br />
Request Sample Report @<br />
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20477<br />
The global digital certificates <strong>and</strong> public key infrastructure market is segmented as below:<br />
By Solution<br />
•Hardware<br />
•Software<br />
By Deployment Model<br />
•Cloud-Based<br />
•On-Premise<br />
By Application<br />
•BFSI<br />
•Real State
•Education <strong>and</strong> Research<br />
•Healthcare <strong>and</strong> Life Sciences<br />
•Human Resources<br />
•Legal<br />
•Manufacturing<br />
•Government <strong>and</strong> Defense<br />
•Others<br />
By Geography<br />
•North America<br />
•Europe<br />
•Asia Pacific (APAC)<br />
•Middle East <strong>and</strong> Africa (MEA)<br />
•South America<br />
About Us<br />
Transparency <strong>Market</strong> Research (TMR) is a market intelligence company, providing global<br />
business information reports <strong>and</strong> services. Our exclusive blend of quantitative forecasting <strong>and</strong><br />
trends analysis provides forward-looking insight for thous<strong>and</strong>s of decision makers. We have an<br />
experienced team of Analysts, Researchers, <strong>and</strong> Consultants, who us e proprietary data sources<br />
<strong>and</strong> various tools <strong>and</strong> techniques to gather, <strong>and</strong> analyze information. Our business offerings<br />
represent the latest <strong>and</strong> the most reliable information indispensable for businesses to sustain a<br />
competitive edge.<br />
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals,<br />
chemical, energy, food & beverages, semiconductors, med-devices, consumer goods <strong>and</strong><br />
technology. These reports provide in-depth analysis <strong>and</strong> deep segmentation to possible micro<br />
levels. With wider scope <strong>and</strong> stratified research methodology, our syndicated reports thrive to<br />
provide clients to serve their overall research requirement.<br />
Contact
Transparency <strong>Market</strong> Research<br />
90 State Street, Suite 700<br />
Albany, NY 12207<br />
Tel: +1-518-618-1030<br />
USA – Canada Toll Free: 866-552-3453<br />
Email: sales@transparencymarketresearch.com<br />
Website: http://www.transparencymarketresearch.com
Change language