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North America Enterprise Key Management Market Size, Share & Trends Analysis Report By Component (Solution, and Services), By Deployment (Cloud, and On-Premises), By Enterprise Size, By Application, By End Use, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 143 Pages
  • August 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004054
The North America Enterprise Key Management Market would witness market growth of 18.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Enterprise Key Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.42 billion by 2031. The Canada market is experiencing a CAGR of 21.2% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 20.2% during 2024-2031.



The growing adoption of zero-trust security architectures fundamentally reshapes how organizations approach cybersecurity. Zero trust differs from conventional security models in that it operates on the principle that no user or device, regardless of whether it is within or outside the network, should be trusted by default.

Moreover, this security model requires strict identity verification and continuous authentication for every individual and device attempting to access resources. As a result, encryption and enterprise key management have become foundational to zero trust security, ensuring that all data remains protected, both in transit and at rest, and that access is tightly controlled.

The region is home to some of the largest technology companies and financial institutions, which handle vast amounts of sensitive data. The increasing adoption of BYOD policies and IoT devices across industries in the United States is a major factor propelling the demand for enterprise key management solutions. Many American companies have embraced BYOD as a cost-effective solution to support remote and hybrid workforces. According to the United States Census Bureau, between 2019 and 2021, the percentage of U.S. jobs that were performed on-site or "in person" decreased by approximately 10 percentage points, from approximately 84 percent to 74 percent of all jobs, as per the Survey of Income and Program Participation (SIPP).

List of Key Companies Profiled

  • Thales Group S.A.
  • Google LLC
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Oracle Corporation
  • Hewlett Packard Enterprise Company
  • RSA Security LLC (Symphony Technology Group)
  • Microsoft Corporation
  • WinMagic Corp.
  • Venafi, Inc. (CyberArk Software Ltd.)

Market Report Segmentation

By Component

  • Solution
  • Services

By Deployment

  • Cloud
  • On-Premises

By Enterprise Size

  • Large Enterprises
  • SMEs

By Application

  • Cloud Encryption
  • Database Encryption
  • File & Folder Encryption
  • Communication Encryption
  • Disk Encryption

By End Use

  • BFSI
  • Retail
  • IT & Telecom
  • Healthcare
  • Government & Defense
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise Key Management Market, by Component
1.4.2 North America Enterprise Key Management Market, by Deployment
1.4.3 North America Enterprise Key Management Market, by Enterprise Size
1.4.4 North America Enterprise Key Management Market, by Application
1.4.5 North America Enterprise Key Management Market, by End Use
1.4.6 North America Enterprise Key Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jun - 2024, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Enterprise Key Management Market by Component
5.1 North America Solution Market by Country
5.2 North America Services Market by Country
Chapter 6. North America Enterprise Key Management Market by Deployment
6.1 North America Cloud Market by Country
6.2 North America On-Premises Market by Country
Chapter 7. North America Enterprise Key Management Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America SMEs Market by Country
Chapter 8. North America Enterprise Key Management Market by Application
8.1 North America Cloud Encryption Market by Country
8.2 North America Database Encryption Market by Country
8.3 North America File & Folder Encryption Market by Country
8.4 North America Communication Encryption Market by Country
8.5 North America Disk Encryption Market by Country
Chapter 9. North America Enterprise Key Management Market by End Use
9.1 North America BFSI Market by Country
9.2 North America Retail Market by Country
9.3 North America IT & Telecom Market by Country
9.4 North America Healthcare Market by Country
9.5 North America Government & Defense Market by Country
9.6 North America Others Market by Country
Chapter 10. North America Enterprise Key Management Market by Country
10.1 US Enterprise Key Management Market
10.1.1 US Enterprise Key Management Market by Component
10.1.2 US Enterprise Key Management Market by Deployment
10.1.3 US Enterprise Key Management Market by Enterprise Size
10.1.4 US Enterprise Key Management Market by Application
10.1.5 US Enterprise Key Management Market by End Use
10.2 Canada Enterprise Key Management Market
10.2.1 Canada Enterprise Key Management Market by Component
10.2.2 Canada Enterprise Key Management Market by Deployment
10.2.3 Canada Enterprise Key Management Market by Enterprise Size
10.2.4 Canada Enterprise Key Management Market by Application
10.2.5 Canada Enterprise Key Management Market by End Use
10.3 Mexico Enterprise Key Management Market
10.3.1 Mexico Enterprise Key Management Market by Component
10.3.2 Mexico Enterprise Key Management Market by Deployment
10.3.3 Mexico Enterprise Key Management Market by Enterprise Size
10.3.4 Mexico Enterprise Key Management Market by Application
10.3.5 Mexico Enterprise Key Management Market by End Use
10.4 Rest of North America Enterprise Key Management Market
10.4.1 Rest of North America Enterprise Key Management Market by Component
10.4.2 Rest of North America Enterprise Key Management Market by Deployment
10.4.3 Rest of North America Enterprise Key Management Market by Enterprise Size
10.4.4 Rest of North America Enterprise Key Management Market by Application
10.4.5 Rest of North America Enterprise Key Management Market by End Use
Chapter 11. Company Profiles
11.1 Thales Group S.A.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments
11.1.5.1 Partnerships, Collaborations, and Agreements
11.1.5.2 Product Launches and Product Expansions
11.1.5.3 Acquisition and Mergers
11.1.5.4 Geographical Expansions
11.1.6 SWOT Analysis
11.2 Google LLC (Alphabet Inc.)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments
11.2.5.1 Partnerships, Collaborations, and Agreements
11.2.6 SWOT Analysis
11.3 IBM Corporation
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional & Segmental Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments
11.3.5.1 Partnerships, Collaborations, and Agreements
11.3.5.2 Acquisition and Mergers
11.3.6 SWOT Analysis
11.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental Analysis
11.4.4 SWOT Analysis
11.5 Oracle Corporation
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 SWOT Analysis
11.6 Hewlett Packard Enterprise Company
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expense
11.6.5 Recent strategies and developments
11.6.5.1 Acquisition and Mergers
11.6.6 SWOT Analysis
11.7 RSA Security LLC (Symphony Technology Group)
11.7.1 Company Overview
11.7.2 Recent strategies and developments
11.7.2.1 Partnerships, Collaborations, and Agreements
11.7.2.2 Product Launches and Product Expansions
11.7.3 SWOT Analysis
11.8 Microsoft Corporation
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments
11.8.5.1 Acquisition and Mergers
11.8.6 SWOT Analysis
11.9 WinMagic Corp.
11.9.1 Company Overview
11.9.2 SWOT Analysis
11.10. Venafi, Inc. (CyberArk Software Ltd.)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 Recent strategies and developments
11.10.5.1 Product Launches and Product Expansions
11.10.6 SWOT Analysis

Companies Mentioned

  • Thales Group S.A.
  • Google LLC
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Oracle Corporation
  • Hewlett Packard Enterprise Company
  • RSA Security LLC (Symphony Technology Group)
  • Microsoft Corporation
  • WinMagic Corp.
  • Venafi, Inc. (CyberArk Software Ltd.)

Methodology

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