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Enterprise Key Management Market Size Worth $3.61 Billion by 2025: Grand View Research, Inc.SAN FRANCISCO, November 13, 2017 /PRNewswire/ -- The global enterprise key management market is expected to reach USD 3.61 billion by 2025, according to a new study by Grand View Research, Inc. Increasing number of data breaches and loss of confidential data, coupled with increasingly stringent regulations and compliance standards to safeguard sensitive data from malicious users, have led to the implementation of advanced enterprise security solutions across different industries. The shift of organizations toward a digital environment for offering digital services and the need to protect increasing volumes of sensitive data are expected to drive the enterprise key management market. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Enterprise key management is an essential component of data encryption solutions and involves managing and dealing with generation, exchange, storage, use, destruction, and replacement of cryptographic keys that encrypt different data sources such as emails, databases, disk drives, big data repositories, backup tapes, and data over cloud environments. The key management solutions protect cryptographic keys throughout their lifecycle and restrain unauthorized users from accessing the keys or data. Organizations are increasingly deploying encryption solutions to protect confidential data, thus, enabling the growth of the enterprise key management market. However, issues related to lack of skilled key management workforce and standardized key management systems are expected to challenge the industry. Furthermore, the high cost and complex deployment of key management solutions are expected to hinder the market growth. Browse full research report with TOC on "Enterprise Key Management Market Analysis By Application (Disk, File/Folder, Database, Communication, Cloud Encryption), By Enterprise Size, By Vertical, By Region And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/enterprise-key-management-market Further Key Findings From the Report Suggest:>
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Grand View Research has segmented the enterprise key management market on the basis of applications, deployment, enterprise size, verticals, and regions:
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. |