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Enterprise Key Management Market Report by Component, Deployment Mode, Enterprise Size, Application, End Use Industry, and Region 2024-2032

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    Report

  • 145 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5820827
Description Jump to:
The global enterprise key management market size reached US$ 2.1 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 7.0 Billion by 2032, exhibiting a growth rate (CAGR) of 14.3% during 2023-2032.

Enterprise key management assists in the management of all the cryptographic keys used by an enterprise, including the creation, access, maintenance, decryption, and destruction of these keys. It can help protect the trade secrets and other sensitive information of an organization. It has automation and scalability capabilities, which aid in reducing the number of skilled human resources required to manage keys. As a result, enterprise key management finds extensive applications in businesses across various industry verticals, such as healthcare, retail, and banking, financial services and insurance (BFSI).

Enterprise Key Management Market Trends:

There is currently a significant rise in the number of data breaches in businesses across the globe. In line with this, governments of numerous countries are developing national cybersecurity defense strategies to combat risks encountered by their citizens, businesses, and critical infrastructure. This represents one of the key factors stimulating the growth of the market. Moreover, organizations face several challenges while controlling and managing their encryption keys. For instance, they need to secure the keys from malicious insiders and attackers, manage a considerable number of encryption keys used in infrastructure, and support multiple heterogeneous environments consisting of applications, databases, and standards. Consequently, organizations are increasingly adopting enterprise key management solutions, which help improve the overall efficiency of their security procedures. Besides this, the cost of deploying enterprise key management solutions is less than the cost of a data breach. This, in turn, is catalyzing the demand for enterprise key management solutions worldwide. Other factors, including the thriving information technology (IT) sector and the rapid expansion of small and medium-sized enterprises (SMEs), are projected to drive the market in the forecast period.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global enterprise key management market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment mode, enterprise size, application and end use industry.

Breakup by Component:

Solutions
Services

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Enterprise Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by Application:

Disk Encryption
File and Folder Encryption
Database Encryption
Communication Encryption
Cloud Encryption

Breakup by End Use Industry:

BFSI
Healthcare
Retail
IT and Telecom
Government and Defense
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Box Inc., Broadcom Inc., Dell Technologies Inc., Google LLC, Hewlett Packard Enterprise Company, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Thales Group, Townsend Security, Unbound Security and WinMagic Inc.

Key Questions Answered in This Report

1. What was the size of the global enterprise key management market in 2023?
2. What is the expected growth rate of the global enterprise key management market during 2024-2032?
3. What are the key factors driving the global enterprise key management market?
4. What has been the impact of COVID-19 on the global enterprise key management market?
5. What is the breakup of the global enterprise key management market based on the component?
6. What is the breakup of the global enterprise key management market based on the deployment mode?
7. What is the breakup of the global enterprise key management market based on enterprise size?
8. What is the breakup of the global enterprise key management market based on the application?
9. What is the breakup of the global enterprise key management market based on the end use industry?
10. What are the key regions in the global enterprise key management market?
11. Who are the key players/companies in the global enterprise key management market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Enterprise Key Management Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Disk Encryption
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 File and Folder Encryption
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Database Encryption
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Communication Encryption
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Cloud Encryption
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by End Use Industry
10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Healthcare
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Retail
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 IT and Telecom
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Government and Defense
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 SWOT Analysis
16.3.2 Box Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.3 Broadcom Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Dell Technologies Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Google LLC
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 SWOT Analysis
16.3.6 Hewlett Packard Enterprise Company
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 International Business Machines Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Microsoft Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Oracle Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Thales Group
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Townsend Security
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Unbound Security
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 WinMagic Inc.
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Enterprise Key Management Market: Major Drivers and Challenges
Figure 2: Global: Enterprise Key Management Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Enterprise Key Management Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Enterprise Key Management Market: Breakup by Component (in %), 2023
Figure 5: Global: Enterprise Key Management Market: Breakup by Deployment Mode (in %), 2023
Figure 6: Global: Enterprise Key Management Market: Breakup by Enterprise Size (in %), 2023
Figure 7: Global: Enterprise Key Management Market: Breakup by Application (in %), 2023
Figure 8: Global: Enterprise Key Management Market: Breakup by End Use Industry (in %), 2023
Figure 9: Global: Enterprise Key Management Market: Breakup by Region (in %), 2023
Figure 10: Global: Enterprise Key Management (Solutions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Enterprise Key Management (Solutions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Enterprise Key Management (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Enterprise Key Management (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Enterprise Key Management (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Enterprise Key Management (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Enterprise Key Management (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Enterprise Key Management (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Enterprise Key Management (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Enterprise Key Management (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Enterprise Key Management (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Enterprise Key Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Enterprise Key Management (Disk Encryption) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Enterprise Key Management (Disk Encryption) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Enterprise Key Management (File and Folder Encryption) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Enterprise Key Management (File and Folder Encryption) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Enterprise Key Management (Database Encryption) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Enterprise Key Management (Database Encryption) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Enterprise Key Management (Communication Encryption) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Enterprise Key Management (Communication Encryption) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Enterprise Key Management (Cloud Encryption) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Enterprise Key Management (Cloud Encryption) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Enterprise Key Management (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Enterprise Key Management (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Enterprise Key Management (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Enterprise Key Management (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Enterprise Key Management (Retail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Enterprise Key Management (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Enterprise Key Management (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Enterprise Key Management (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Enterprise Key Management (Government and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Enterprise Key Management (Government and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Enterprise Key Management (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Enterprise Key Management (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: North America: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: United States: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: United States: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Canada: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Canada: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia-Pacific: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia-Pacific: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: South Korea: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: South Korea: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Australia: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Australia: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Indonesia: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Indonesia: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Europe: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Europe: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Germany: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Germany: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: France: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: France: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: United Kingdom: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: United Kingdom: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Italy: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Italy: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Spain: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Spain: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Russia: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Russia: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Latin America: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Latin America: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Brazil: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Brazil: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Mexico: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Mexico: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Middle East and Africa: Enterprise Key Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Middle East and Africa: Enterprise Key Management Market: Breakup by Country (in %), 2023
Figure 92: Middle East and Africa: Enterprise Key Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Global: Enterprise Key Management Industry: SWOT Analysis
Figure 94: Global: Enterprise Key Management Industry: Value Chain Analysis
Figure 95: Global: Enterprise Key Management Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Enterprise Key Management Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Enterprise Key Management Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 3: Global: Enterprise Key Management Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
Table 4: Global: Enterprise Key Management Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
Table 5: Global: Enterprise Key Management Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Enterprise Key Management Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 7: Global: Enterprise Key Management Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Enterprise Key Management Market: Competitive Structure
Table 9: Global: Enterprise Key Management Market: Key Players

Companies Mentioned

  • Amazon Web Services Inc. (Amazon.com Inc.)
  • Box Inc.
  • Broadcom Inc.
  • Dell Technologies Inc.
  • Google LLC
  • Hewlett Packard Enterprise Company
  • International Business Machines Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Thales Group
  • Townsend Security
  • Unbound Security
  • WinMagic Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 2.1 Billion
Forecasted Market Value ( USD ) by 2032 $ 7 Billion
Compound Annual Growth Rate14.3%
Regions CoveredGlobal
No. of Companies Mentioned13

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