Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.93 Billion | USD 17.26 Billion | 13.5% | 2024 |
FrequentlyAsked Questions
Enterprise Key Management (EKM) refers to the centralized system and policies used by organizations to securely generate, store, distribute, rotate, and revoke cryptographic keys across their IT infrastructure. These keys are essential for encrypting and decrypting sensitive data, ensuring secure communications, and maintaining compliance with regulatory standards.
The global enterprise key management market is expected to grow due to growing need for data security, increasing cyber threats, stringent regulatory compliance requirements, rising adoption of cloud services, and the demand for secure data encryption across industries.
According to a study, the global enterprise key management market size was worth around USD 4.93 Billion in 2024 and is expected to reach USD 17.26 Billion by 2034.
The global enterprise key management market is expected to grow at a CAGR of 13.5% during the forecast period.
North America is expected to dominate the enterprise key management market over the forecast period.
Leading players in the global enterprise key management market include Amazon Web Services Inc (US), Gemalto NV (Netherland), Hewlett Packard Enterprise (HPE) Company (US), International Business Machines (IBM) Corporation (US), Oracle Corporation (US), RSA Security LLC (US), Thales e-Security Inc (France), and Venafi (US), among others.
The report explores crucial aspects of the enterprise key management market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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