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Enterprise Key Management Market by Component, Deployment Type, Organization Size, Application, Vertical, and Region - Global Forecast to 2022

Enterprise Key Management Market: Global Forecast until 2022

  • June 2017
  • 156 pages
  • ID: 4975545
In this report:
The overall consulting market size is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##%.
The consulting segment is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2022, at a CAGR of ##.##% due to the growing requirement among enterprises to deploy effective enterprise key management solutions.

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"Growing concern for minimizing security attacks on sensitive data is driving the enterprise main management market."

The enterprise top management market size is forecasted to grow from $933.20M in 2017 to $2343.60M by 2022, at a CAGR of 20.20 percent. Institutions have important volumes of sensitive data at rest, which is stored in databases, archives, spreadsheets, data warehouses, mobile devices, and off-site backups. To protect and safeguard this sensitive data, institutions are adopting efficient enterprise main management solutions and services. Enterprise top management solutions and services facilitate the effective management of the lifecycle of keys used in the cryptography technology. Lack of awareness and the absence of skilled labor are a few of the factors restraining the increase of the enterprise main management market.

"Database encryption application is intended to have the biggest industry size during the outlook period."

The database encryption application is forecasted to contribute the biggest market share during the estimate period. Due to growing complexities in data security management, institutions are facing the increasing challenge of securely managing customer sensitive information, including personal data, business information, and intellectual property.

"Cloud deployment type is anticipated to grow at a better compound annual growth rate during the outlook period."

The cloud deployment type is anticipated to grow a better compound annual growth rate than the on-premises deployment type during the estimate period. Small and Medium-Sized Enterprises implement cloud services as cloud deployment is cost-effective and allows SMEs to focus on their core competencies, without investing much on security infrastructure. Institutions can avoid the costs associated to hardware, software, storage, and technical staff by implementing cloud-based solutions. Client data security is the biggest priority for SMEs as business-critical data is the primary target for cyber-attacks. Cloud-based platforms offer Software-as-a-Service based enterprise top management solutions and services to secure sensitive data. This is beneficial for SMEs as they usually have strict budgets for security investments.

"Asia Pacific (APAC) is forecasted to have the maximum growth rate during the outlook period."

The Asia-Pacific regions is a powerful, emerging economy due to increased investments for enhancing performance, tapping opportunities, and ensuring economic stability. The Asia-Pac regions comprises emerging economies, such as china (CN), India (IN), Japan (JP), Singapore (SG), Malaysia (MY), and Australia (AU). Big firms from mature sectors, including the US and the UK, are keen on targeting the opportunistic APAC market. Accordingly, enterprise main management vendors have good prospects to explore untapped opportunities in the Asia-Pacific regions.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The breakup of the profile of the primary participants is like:

• By Organization: Tier I - 35.0 percent, Tier II - 45.0 percent, and Tier III - 20.0 percent

• By Description: C-suite - 72.0 percent, D-level - 17.0 percent, and Others - 11.0 percent

• By Area: North America continent - 45.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 30.0 percent, and rest of the world - 5.0 percent

The enterprise main management market includes main vendors including Amazon Web Services, Incorporated, Gemalto NV, Hewlett Packard Enterprise Company, International Business Machines (NYSE:IBM), Oracle (NASDAQ:ORCL), RSA Security LLC, Thales e-Security, Incorporated, and Venafi.

Segment Research

The industry report includes a detailed competitive analysis of the top players in the enterprise main management market, together with their company descriptions, recent evolutions, and key industries strategies. The research document breaks down the enterprise main management market by component, deployment type, organization size, application, vertical, and area.

Reasons to Buy the Report

The enterprise top management market has been broken down by component, deployment type, organization size, application, vertical, and area. The study will facilitate industry top players/new sector entrants in these ways:

1. The document breaks down the enterprise main management market comprehensively and offers the best approximations of the revenue data for the global market and its sub-segments. The industry numbers are further split across several verticals and localities.

2. The analysis benefits the partners to comprehend the pulse of the sector and offers them information on the top market drivers, market restraints, opportunities, and alternatives.

3. The market research benefits the partners comprehend their challengers better and acquire additional insights to enhance their business position. There is a separate division on the competitive landscape, including competitor ecosystem, and mergers and acquisitions. Also, the MicroQuadrant table is provided, which profiles 25 actors who offer enterprise main management solutions and services. Industry internals are also provided to help partners stay ahead of their players.

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