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Enterprise Content Management (ECM) Market Analysis
Enterprise Content Management (ECM) Market size was at USD 40.62 billion in the year 2019 and expected to surpass over USD 127 billion by the year 2026 while registering over 18.1% in the forecast period. The report begins with the basic Enterprise Content Management (ECM) Software Market overview, which includes the market definition, market scope, and the target audience.
The Public Key Infrastructure is a technological advancement used in the field of digitalization to support the purpose of the user and device authentication. It consists of a collection of hardware, software policies, roles, and a process used to create, manage, and distribute digital certificates and certify that a particular cryptographic own by the user. It serves as virtual proof of identification. It is widely used in the IT and telecommunications industries, retail and e-commerce, financial services, and many other fields.
Rising market demand for digital certificates to allow businesses to encrypt data, digitally sign certificates, and authenticate users is expected to drive industry development. Increasing digitalization in various industries has resulted in a greater need for digital authentication to protect enterprise infrastructure. The growing market demand to reduce the cost of authentication processes in various industries such as banking, healthcare, and e-commerce is driving the rapid adoption of public-key encryption solutions.
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COVID-19 Impact on the Public Key Infrastructure (PKI) Market
The COVID-19 pandemic has brought forth the glaring gaps in cybersecurity in major companies. The transition to digital transformation, as well as the need for public key infrastructure for management of public keys, can present a lucrative opportunity for solution providers. Investments in security solutions, as well as the acceleration of work-from-home connections, have increased the need for reliable certificates and keys.
Enterprise Content Management (ECM) Market Segmentation
The global public key infrastructure (PKI) industry has been segmented into solution, deployment, and end-users.
By Solution
By Service
By Deployment
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By Organization Size
By Vertical
Enterprise Content Management (ECM) Market Regional Analysis
By region, the global public key infrastructure (PKI) market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
Because of the growing use of PKI for safe transactions, the market in North America is projected to account for a significant share of the target market in terms of revenue. Furthermore, early adoption of PKI services and solutions, as well as the presence of major players in the countries in the region, is a primary factor influencing growth in the North American public key infrastructure market. The APAC market is expected to witness a significant growth rate in the global market.
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Enterprise Content Management (ECM) Market Key Players
Enterprise Content Management (ECM) Market Report overview
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