Key Management as a Service Market

Key Management as a Service Market Growth was valued at USD 705.24 million in 2021. The Key Management as a Service market industry is projected to grow from USD 942.28 million in 2022 to USD 6244.78 million by 2030, exhibiting a compound annual growth rate (CAGR) of 26.7% during the forecast period (2022 - 2030).Key Management as a Service Market Segmentation

The global key management as a service market has been segmented based on application, component, organization size, and vertical. On the basis of application, the market for key management as a service is segmented based on cloud encryption, communication encryption, database encryption, disk encryption, file encryption. Additionally, the market on the basis of components, is segmented into solution and service (professional, managed). The global market for key management as a service is also covered based on organization size segment which is further split into small and medium-sized enterprises, large enterprises. On the basis of verticals, the market for key management as a service is segmented based on aerospace and defense, government, healthcare, IT and telecommunication, manufacturing, retail, BFSI, others.

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Factors like rising needs for cloud-based key management solutions and technological advancements support the key management as a service market growth. The performance of key management as a service market has also been studied for the past and current years. Additionally, the key management as a service market report provides analysis of these segments. The key management as a service market segmental analysis provided in the report offers major details about the key management as a service market based on the data and forecasts till 2025.

Key Management as a Service Market Regional Overview

Companies in the key management as a service market are spread across the world. The key management as a service market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American key management as a service market has many companies across the United States, Canada, and Mexico. The key management as a service market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the key management as a service market can be found in the market research report. Europe has companies in the key management as a service market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the key management as a service market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Key Management as a Service Market Competitive Landscape

The key management as a service market is supported by incredibly skilled human resource and industry's growing appetite for research and development initiatives. The population growth around the world and increasing demand of key management as a service market based services and products also support the market growth. However, the key management as a service market growth can be affected due to limited adoption of services resulting from lack of awareness. The report covers all such details which will help companies in the key management as a service market to strengthen their business plan and improve their product portfolio. The key management as a service market research report also provides company profiles of major companies. The company profiles of many organizations operating in the key management as a service market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the key management as a service market. New companies and established businesses can plan their strategies based on this data provided in the key management as a service market research report.

The prominent players active in the global market of key management as a service are IBM Corporation (US), Amazon Web Services (US), Thales eSecurity (France), Oracle Corporation (US), Equinix, Inc. (US), Alibaba (China), Egnyte (US), Ciphercloud (US), Google (US), Keynexus (US), Sepior ApS (Denmark), Unbound Tech (Israel), and Box (US).

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Industry News

F5 has announced that it will purchase all distributed and outstanding stock of Volterra in a transaction worth roughly $440 million in cash and about $60 million in contingent payment and assumed payments to founders and employees.  The deal is set to close during the first quarter of year 2021 with the ratification of the agreement by the board members of both F5 and Volterra, according to regulatory requirements and other standard closing criteria. 

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

 

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