Enterprise Key Management Market- Global Industry Analysis and Forecast (2023-2029)

Enterprise Key Management Market was valued US$ 2.27 Bn in 2022 and is expected to reach US$ 8.39 Bn by 2029, at a CAGR of 20.50 % during a forecast period. The report study has analyzed revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers and market disrupters in the report and same is reflected in our analysis. An enterprise key management solution has offer a single comprehensive approach, which can interoperate with the entire enterprise environment. It also needs to support the data center applications and remote sites like retail point of sale (POS) and branch offices.Enterprise Key Management MarketTo know about the Research Methodology :- Request Free Sample Report

Enterprise Key Management Market, Dynamics:

Currently, an increase in security threats and regulatory mandates have forced enterprises to adopt a wide range of encryption technologies, which require an enterprise key management strategy are expected to drive the global enterprise key management market growth. Strong and secure key management practices with programmed policy enforcement are required to manage, protect, and serve encryption keys. The enterprise secure key manager delivers a centralized key management hardware based solution for unifying and automating encryption key controls of the organization by creating, protecting, serving, and auditing access. Enterprise key management solutions are gaining popularity by organizations. The Enterprise key management services are playing a vital to enable the proper implementation and integration of enterprise key management solutions. Enterprise key management service providers are empowering organizations to take ownership of enterprise encryption keys by delivering exclusive control that can maintain the usage keys. On the other hand, lack of awareness about enterprise key management among enterprises is expected to limit the growth in the global enterprise key management market.

Enterprise Key Management Market, Segment Analysis:

Cloud-based encryption solutions are expected to grow at a xx% rate of CAGR during the forecast period. Organizations are adopting cloud-based storage solutions to store business data and also offer various cost benefits and operational efficiencies. Encryption technologies have potential uses across the industry verticals as they deliver enhanced data protection against malicious users. Technology firms and service providers are delivering a wide range of solutions, which can offer superior operational efficiencies for organizations and comply with data security mandates. Banking, Financial Services, and Insurance (BFSI) is expected to grow at a xx% rate of CAGR during the forecast period because of the stringent regulatory and compliance mandates pertaining to safeguarding sensitive data. The BFSI vertical is expected to account more than 31.9% of the enterprise key management market. An increase in online transactions, e-commerce, and digitalization of financial and welfare services are some of the prominent key drivers are increasing the adoption of enterprise key management solutions across the BFSI vertical.

Regional Insights:

The North American region has a broader adoption of encryption solutions across all verticals. The region is known as a hotspot for innovation with the presence of major technology key players and innovative new start-ups developing disruptive technologies. The existence of better technology infrastructure, organizations is early adopters in the digital era that are introduced a variety of potential risks like loss of personal information, and system malfunctions, which is extensively exploited by malicious users. Additionally, technological proliferation, increased penetration of digital services and the increasing cyber attacks are expected to increase the adoption of encryption solutions in North America. Enterprise Key Management Market, Competitive Analysis: Some of the prominent key players are focusing on undertaking inorganic growth strategies, involving mergers and acquisitions with the start-ups and established small and medium firms, to increase their product portfolios. Many technology players are also investing high amount in innovation labs and centers of excellence and collaborating with various research institutes to develop new innovative solutions and differentiated products that are expected to drive the market growth. The objective of the report is to present a comprehensive analysis of the Global Enterprise Key Management Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Enterprise Key Management Market dynamics, structure by analyzing the market segments and projects the Global Enterprise Key Management Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Enterprise Key Management Market make the report investor’s guide.

Enterprise Key Management Market Scope: Inquire before buying

Enterprise Key Management Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.27 Bn.
Forecast Period 2023 to 2029 CAGR: 20.5% Market Size in 2029: US $ 8.39 Bn.
Segments Covered: by Component Solutions Services Professional services Managed services
by Deployment Type On-premises Cloud
by Application Disk Encryption File/Folder Encryption Database Encryption Communication Encryption Cloud Encryption
by Vertical Healthcare Government Information Technology (IT) and telecom Retail Aerospace and defense Energy and utilities Manufacturing
by Organization Size SMEs Large Enterprises

Enterprise Key Management Market, By Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Players are:

1.IBM Corporation 2.Oracle Corporation 3.Quantum Corporation 4.RSA Information Security, 5.Subsidiary of Dell EMC. 6.Thales E-Security, Inc. 7.Townsend Security 8.Venafi 9.Winmagic, Inc. 10.Amazon Web Services, Inc. 11.CA Technologies, Inc. 12.Dyadic Security 13.Gemalto NV 14.Google Inc. 15.Hewlett Packard Enterprise 16.Microsoft 17.CipherCloud 18.Egnyte, Inc. 19.StorMagic 20.SEPIOR 21.Unbound 22.Broadcom. 23.Microsystems, Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Enterprise Key Management Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Enterprise Key Management Market? Ans: The Global Enterprise Key Management Market is growing at a CAGR of 20.5% during forecasting period 2023-2029. 3. What is scope of the Global Enterprise Key Management market report? Ans: Global Enterprise Key Management Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Enterprise Key Management market? Ans: The important key players in the Global Enterprise Key Management Market are – IBM Corporation, Oracle Corporation, Quantum Corporation, RSA Information Security,, Subsidiary of Dell EMC., Thales E-Security, Inc., Townsend Security, Venafi, Winmagic, Inc., Amazon Web Services, Inc., CA Technologies, Inc., Dyadic Security, Gemalto NV, Google Inc., Hewlett Packard Enterprise, Microsoft, and CipherCloud 5. What is the study period of this market? Ans: The Global Enterprise Key Management Market is studied from 2022 to 2029.
1. Global Enterprise Key Management Market: Research Methodology 2. Global Enterprise Key Management Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Enterprise Key Management Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Enterprise Key Management Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Enterprise Key Management Market Segmentation 4.1 Global Enterprise Key Management Market, by Component (2022-2029) • Solutions • Services  Professional services  Managed services 4.2 Global Enterprise Key Management Market, by Deployment Type (2022-2029) • On-premises • Cloud 4.3 Global Enterprise Key Management Market, by Application (2022-2029) • Disk Encryption • File/Folder Encryption • Database Encryption • Communication Encryption • Cloud Encryption 4.4 Global Enterprise Key Management Market, by vertical (2022-2029) • Healthcare • Government • Information Technology (IT) and telecom • Retail • Aerospace and defense • Energy and utilities • Manufacturing 4.5 Global Enterprise Key Management Market, by Organization Size (2022-2029) • SMEs • Large Enterprises 5. North America Enterprise Key Management Market(2022-2029) 5.1 North America Enterprise Key Management Market, by Component (2022-2029) • Solutions • Services  Professional services  Managed service 5.2 North America Enterprise Key Management Market, by Deployment Type (2022-2029) • On-premises • Cloud 5.3 North America Enterprise Key Management Market, by Application (2022-2029) • Disk Encryption • File/Folder Encryption • Database Encryption • Communication Encryption • Cloud Encryption 5.4 North America Enterprise Key Management Market, by vertical (2022-2029) • Healthcare • Government • Information Technology (IT) and telecom • Retail • Aerospace and defense • Energy and utilities • Manufacturing 5.5 North America Enterprise Key Management Market, by Organization Size (2022-2029) • SMEs • Large Enterprises 5.6 North America Enterprise Key Management Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Enterprise Key Management Market (2022-2029) 6.1. European Enterprise Key Management Market, by Component (2022-2029) 6.2. European Enterprise Key Management Market, by Deployment Type (2022-2029) 6.3. European Enterprise Key Management Market, by Application (2022-2029) 6.4. European Enterprise Key Management Market, by vertical (2022-2029) 6.5. European Enterprise Key Management Market, by Organization Size (2022-2029) 6.6. European Enterprise Key Management Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Enterprise Key Management Market (2022-2029) 7.1. Asia Pacific Enterprise Key Management Market, by Component (2022-2029) 7.2. Asia Pacific Enterprise Key Management Market, by Deployment Type (2022-2029) 7.3. Asia Pacific Enterprise Key Management Market, by Application (2022-2029) 7.4. Asia Pacific Enterprise Key Management Market, by vertical (2022-2029) 7.5. Asia Pacific Enterprise Key Management Market, by Organization Size (2022-2029) 7.6. Asia Pacific Enterprise Key Management Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Enterprise Key Management Market (2022-2029) 8.1 Middle East and Africa Enterprise Key Management Market, by Component (2022-2029) 8.2. Middle East and Africa Enterprise Key Management Market, by Deployment Type (2022-2029) 8.3. Middle East and Africa Enterprise Key Management Market, by Application (2022-2029) 8.4. Middle East and Africa Enterprise Key Management Market, by vertical (2022-2029) 8.5. Middle East and Africa Enterprise Key Management Market, by Organization Size (2022-2029) 8.6. Middle East and Africa Enterprise Key Management Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Enterprise Key Management Market (2022-2029) 9.1. South America Enterprise Key Management Market, by Component (2022-2029) 9.2. South America Enterprise Key Management Market, by Deployment Type (2022-2029) 9.3. South America Enterprise Key Management Market, by Application (2022-2029) 9.4. South America Enterprise Key Management Market, by vertical (2022-2029) 9.5. South America Enterprise Key Management Market, by Organization Size (2022-2029) 9.6. South America Enterprise Key Management Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 IBM Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Oracle Corporation 10.3 Quantum Corporation 10.4 RSA Information Security, 10.5 Subsidiary of Dell EMC. 10.6 Thales E-Security, Inc. 10.7 Townsend Security 10.8 Venafi 10.9 Winmagic, Inc. 10.10 Amazon Web Services, Inc. 10.11 CA Technologies, Inc. 10.12 Dyadic Security 10.13 Gemalto NV 10.14 Google Inc. 10.15 Hewlett Packard Enterprise 10.16 Microsoft 10.17 CipherCloud 10.18 Egnyte, Inc. 10.19 StorMagic 10.20 SEPIOR 10.21 Unbound 10.22 Broadcom. 10.23 Microsystems, Inc.
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