Product Code: GVR-2-68038-220-4
Enterprise Key Management Market Growth & Trends:
The global enterprise key management market was valued at USD 9.82 billion in 2030 and is projected to grow at a CAGR of 19.8% from 2024 to 2030. Increasing number of data breaches and loss of confidential data, coupled with increasingly stringent regulations and compliance standards to safeguard sensitive data from malicious users, have led to the implementation of advanced enterprise security solutions across different industries. The shift of organizations toward a digital environment for offering digital services and the need to protect increasing volumes of sensitive data are expected to drive the market.
Enterprise key management is an essential component of data encryption solutions and involves managing and dealing with generation, exchange, storage, use, destruction, and replacement of cryptographic keys that encrypt different data sources such as emails, databases, disk drives, big data repositories, backup tapes, and data over cloud environments. The key management solutions protect cryptographic keys throughout their lifecycle and restrain unauthorized users from accessing the keys or data.
Organizations are increasingly deploying encryption solutions to protect confidential data, thus, enabling the growth of the enterprise key management market. However, issues related to a lack of skilled key management workforce and standardized key management systems are expected to challenge the industry. Furthermore, the high cost and complex deployment of key management solutions are expected to hinder the market growth.
Enterprise Key Management Market Report Highlights:
- North America is expected to be the largest market during the forecast period, owing to technological proliferation and accelerated adoption of digital services
- Asia Pacific emerged as the fastest-growing market with a CAGR of 22.0% over the forecast period.
- Disk encryption segment accounted for 37.07% of the overall market share in 2016, however, cloud encryption segment will have the highest growth rate
- The BFSI segment accounted for 31.9% in 2016. Increased online and mobile transactions, along with data security regulatory mandates will drive the market growth
- Increasing investments in cloud-based encryption solutions and the need to protect increasing data volume will drive the growth of the enterprise key management market
- The key participants include EMC Corporation, Gemalto N.V., Hewlett-Packard Enterprise, IBM, Thales e-security, Microsoft Azure, Inc., and CA Technologies
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Enterprise Key Management Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Enterprise key management Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Enterprise Key Management Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Enterprise Key Management Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Solutions
- 4.3.1. Solutions Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Enterprise Key Management Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Enterprise Key Management Market: Deployment Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Cloud
- 5.3.1. Cloud Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. On-Premise
- 5.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Enterprise Key Management Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Enterprise Key Management Market: Application Analysis, 2023 & 2030 (USD Million)
- 6.3. Disk Encryption
- 6.3.1. Disk Encryption Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. File and Folder Encryption
- 6.4.1. File and Folder Encryption Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Database Encryption
- 6.5.1. Database Encryption Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Communication Encryption
- 6.6.1. Communication Encryption Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Cloud Encryption
- 6.7.1. Cloud Encryption Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Enterprise Key Management Market: Enterprise Size Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Enterprise Key Management Market: Enterprise Size Analysis, 2023 & 2030 (USD Million)
- 7.3. SMEs (Small Medium Enterprises)
- 7.3.1. SMEs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Enterprise Key Management Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Enterprise Key Management Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 8.3. Healthcare
- 8.3.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. BFSI
- 8.4.1. BFSI Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Government
- 8.5.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Telecom & IT
- 8.6.1. Telecom & IT Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Manufacturing
- 8.7.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.8. Retail
- 8.8.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.9. Aerospace and Defense
- 8.9.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.10. Others
- 8.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Enterprise Key Management Market: Regional Estimates & Trend Analysis
- 9.1. Enterprise Key Management Market Share, By Region, 2023 & 2030 (USD Million)
- 9.2. North America
- 9.2.1. North America Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. U.K.
- 9.3.2.1. U.K. Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.3. Argentina
- 9.5.3.1. Argentina Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. Saudi Arabia
- 9.6.2.1. Saudi Arabia Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.3. UAE
- 9.6.3.1. UAE Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Enterprise Key Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis by Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles
- 10.4.1. Venafi, Inc
- 10.4.1.1. Participant's Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Recent Developments/ Strategic Initiatives
- 10.4.2. Thales
- 10.4.2.1. Participant's Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Recent Developments/ Strategic Initiatives
- 10.4.3. Google
- 10.4.3.1. Participant's Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Recent Developments/ Strategic Initiatives
- 10.4.4. IBM
- 10.4.4.1. Participant's Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Recent Developments/ Strategic Initiatives
- 10.4.5. Amazon Web Services, Inc.
- 10.4.5.1. Participant's Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Recent Developments/ Strategic Initiatives
- 10.4.6. Oracle
- 10.4.6.1. Participant's Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Recent Developments/ Strategic Initiatives
- 10.4.7. Hewlett Packard Enterprise Development LP
- 10.4.7.1. Participant's Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Recent Developments/ Strategic Initiatives
- 10.4.8. Quantum Corporation
- 10.4.8.1. Participant's Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Recent Developments/ Strategic Initiatives
- 10.4.9. WinMagic
- 10.4.9.1. Participant's Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Recent Developments/ Strategic Initiatives
- 10.4.10. Microsoft
- 10.4.10.1. Participant's Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Recent Developments/ Strategic Initiatives