Press Release / Technology / Public Key Infrastructure Market to Witness an Outstanding Growth During 2018 to 2023

Public Key Infrastructure Market to Witness an Outstanding Growth During 2018 to 2023

Market Highlights:

Public Key Infrastructure involves use of multiple inspection and other cameras along with the illuminators, processors and sensors. in this system, the cameras are mounted at different places and provides and 3-D snapshot to the system for the assessment. This type of system is majorly used in the automotive industry where the object is hard to access by the 2D or 1D machine visions systems and requires high level of the accuracy. Robots in the manufacturing process also take help of Public Key Infrastructure while performing the tasks to ensure the quality of the object. One of the major application of Public Key Infrastructure system is inspection. Public Key Infrastructure system which perform crucial part in assuring the quality of the product. Use of Public Key Infrastructure for inspection also helps to detect any contaminants, size flaws, design flaws or functional flaws among others in the manufacturing industry. Inspection also helps to inspect the completeness of the product such as packaging of the medicines in pharmaceutical industry or checking of safety seals and caps on bottles in foods and beverages industry.

According to a recent study report published by the Market Research Future, The global market of Public Key Infrastructure is booming and expected to gain prominence over the forecast period. The global Public Key Infrastructure market is prognosticated to acquire worth of USD ~ 1.99 Billion by the end of 2023 with at a whooping double digit CAGR over ~ 22.7% during forecast period 2017-2023.

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Major Key Players:

Verisign Inc. (U.S),

Docusign Inc. (U.S),

Comodo Group Inc. (U.S),

GoDaddy Group Inc. (U.S),

GMO GlobalSign Inc. (U.S),

Comodo, Signix Inc.v (U.S),

Identrust Inc. (U.S),

Gemalto N.V. (Netherlands),

Ascertia Company (U.S), Entrust Datacrad Corp. and others.

Verisign Inc., Comodo, GoDaddy Group, and Entrust Datacrad Corp. Are the dominat players accounting for more than 70 % of the market in 2016.

Global Public Key Infrastructure Market – growing information security concerns coupled with explosive adoption of electronic communications expected to propel the market to a high CAGR

Regional Analysis:

The regional analysis of Public Key Infrastructure market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in Public Key Infrastructure market due to the deployment of the market, that has been divided into cloud-based and on-premises. In cloud-based deployment model, documents can be signed digitally with the help of cloud hosted signing services which is widely used in North America region.The Public Key Infrastructure market in Europe region is expected to witness rapid growth. Whereas, Asia-Pacific countries like China, Japan and South Korea is an emerging market for Public Key Infrastructure market. This market has huge potential for growth of Public Key Infrastructure specifically the country like China due to the growth rapid industrialization, and increasing focus on security threats in this region.

Market Segments:

To generate a detailed understanding of the market the global public key infrastructure market has been segmented on the basis of services, deployment, end -users and region.

Based on services, the market has been segmented into PIN authentication, enrollment services, secure roaming, self-recovery, self-registration, others.

Based on deployment, the market has been segmented into cloud-based, on-premise, others.

Based on end-user, the market has been segmented into Healthcare and Life Sciences, Human Resources, Manufacturing, Government and Defense, BFSI, Education and Research, Others.

Based on regions, the market has been segmented into North America, Europe, APAC, and rest of the World.

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Intended Audience

Training and education service providers
Data integration service providers
Banking and Insurance service providers
Technology standards organizations
Digital signature vendors
Digital signature service providers
Product manufacturers/ developers
Consultancy firms/advisory firms
Technology investors
Research institutes,
System Integrators
Research/Consultancy firms