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Global Certificates Market 

  • September 2015
  • -
  • Frost & Sullivan
  • -
  • 12 pages

Summary

Table of Contents

Global Certificates Market : The Road to Digital Signature

Summary

Identity management, strong authentication, and data protection have emerged as important security components for both public sector and enterprise organizations. The explosion of digital data and the need to control access to digital services and networks have put public key infrastructure (PKI)-based services at the heart of the security environment. PKI is not a new technology; it has been implemented in many organisations to improve control over physical and logical access. Implementation is often not straightforward, while integration with existing systems can be problematic.

As a result of high costs (installation plus total cost of ownership), widespread commercial rollout of PKI has not yet been evident. Technological evolution — in particular the rise of cloud-based services — facilitates PKI integration, and the associated cost is lower than with a standalone application as it is shared between users. Pricing strategies can be based on either a pay-per-use or subscription model and on-demand services.

With this approach, companies can focus on their core activities and subcontract security management. Globally, states and companies are trying to facilitate business evolution and modernize the way they interact with clients or citizens. From this perspective, digital signature appears as an undisputed benefit that PKI could provide. Today, digital signatures are used for specific purposes; early adopters include banking, financial services, and insurance; governments; and sales departments.

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