Market Overview:
The global key management as a service market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for cloud-based key management solutions and services, rising concerns over data security and privacy, and growing need for centralized key management across enterprises. The global key management as a service market is segmented on the basis of type into special service and management services. The special service segment is further sub-segmented into encryption, authentication, digital signing, and others. The management services segment includes consulting, integration & deployment, support & maintenance, and training & education services. On the basis of application, the global key management as a service market is divided into medical sector; government sector; aerospace sector; retail sector; energy sector; manufacturing sector; other sectors such as banking & financial institutions (BFSI), information technology (IT) infrastructure providers etc.; and region wise into North America including U.S.
Product Definition:
Key Management as a Service (KMaaS) is the process of managing keys and their usage within an organization. KMaaS can help ensure that keys are properly protected and used in a controlled manner. The importance of KMaaS depends on the organization's needs. For some organizations, key management may be a critical part of their security infrastructure. For others, it may be less important but still helpful in ensuring proper key management practices.
Special Service:
Special service is a term used to define the management of one or more special events, which are expected to take place in an organization. These events can be the wedding of a relative in the family, annual bonus for employees or any other function that requires extra attention and care. The main goal of this service is not only to provide catering but also make it an eventful and remarkable experience for the clients.
Management Services:
The Management Services and it's usage in Key Management as a Service (KMaaS) market is expected to witness significant growth over the forecast period. The primary drivers of this market are increasing demand for cloud-based security services, rising adoption of cloud computing technology by small & medium enterprises, and need for effective monitoring tools among others. Additionally, the growing trend towards outsourcing management functions to service providers is also expected to drive industry growth over the next few years.
Application Insights:
Key management as a service is majorly used in the manufacturing sector. The manufacturing industry has been witnessing significant growth over the past few years owing to an increase in industrialization and adoption of information technology (IT). As per World Bank, IT industries have grown at double-digit rates across seven countries of Asia Pacific: China, India, Japan, South Korea, Malaysia and Taiwan. This growth has led to increased demand for KMS services in these regions.
Key management as a service is also used extensively by various other industries such as healthcare & pharmaceuticals; retail; energy & power; media & entertainment; transportation & logistics etc. However, due to lack of proper regulations regarding usage of sensitive data or information stored with third party providers there are certain security concerns regarding use of these services by other industry verticals which can be addressed through government intervention or regulation.
Regional Analysis:
North America dominated the global key management as a service market in 2017. The region is expected to maintain its position during the forecast period owing to increasing outsourcing activities and stringent government regulations for data security. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due to factors such as growing IT sector, improving infrastructure, and rising demand for cloud-based solutions among enterprises. Moreover, an increase in spending on information technology (IT) services & application development by companies has also contributed toward growth of this regional market over the past few years.
Growth Factors:
- Increased demand for data security and privacy from consumers and businesses
- The need for improved scalability and efficiency in key management operations
- Growing popularity of cloud-based key management solutions
- Proliferation of connected devices and the Internet of Things (IoT)
- Rising concerns over the potential for cyberattacks
Scope Of The Report
Report Attributes
Report Details
Report Title
Key Management as a Service Market Research Report
By Type
Special Service, Management Services
By Application
Medical, Government, Aerospace, Retail, Energy, Manufacturing, Other
By Companies
CipherCloud (US), Gemalto (Netherlands), Google (US), IBM (US), Thales e-Security (France), Box (US), Egnyte (US), KeyNexus (Canada), Sepior (Denmark), Unbound Tech (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Key Management as a Service Market Report Segments:
The global Key Management as a Service market is segmented on the basis of:
Types
Special Service, Management Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Government, Aerospace, Retail, Energy, Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CipherCloud (US)
- Gemalto (Netherlands)
- Google (US)
- IBM (US)
- Thales e-Security (France)
- Box (US)
- Egnyte (US)
- KeyNexus (Canada)
- Sepior (Denmark)
- Unbound Tech (US)
Highlights of The Key Management as a Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Special Service
- Management Services
- By Application:
- Medical
- Government
- Aerospace
- Retail
- Energy
- Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Key Management as a Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A key management as a service (KMaaS) is a cloud-based platform that provides the ability to manage keys and certificates in an automated way. This can include the issuance, management, revocation, and authentication of keys. KMaaS platforms can also provide other security services such as identity and access management.
Some of the key players operating in the key management as a service market are CipherCloud (US), Gemalto (Netherlands), Google (US), IBM (US), Thales e-Security (France), Box (US), Egnyte (US), KeyNexus (Canada), Sepior (Denmark), Unbound Tech (US).
The key management as a service market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Key Management as a Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Key Management as a Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Key Management as a Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Key Management as a Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Key Management as a Service Market Size & Forecast, 2020-2028
4.5.1 Key Management as a Service Market Size and Y-o-Y Growth
4.5.2 Key Management as a Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Special Service
5.2.2 Management Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Government
6.2.3 Aerospace
6.2.4 Retail
6.2.5 Energy
6.2.6 Manufacturing
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Key Management as a Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Key Management as a Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Special Service
9.6.2 Management Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Government
9.10.3 Aerospace
9.10.4 Retail
9.10.5 Energy
9.10.6 Manufacturing
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Special Service
10.6.2 Management Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Government
10.10.3 Aerospace
10.10.4 Retail
10.10.5 Energy
10.10.6 Manufacturing
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Special Service
11.6.2 Management Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Government
11.10.3 Aerospace
11.10.4 Retail
11.10.5 Energy
11.10.6 Manufacturing
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Special Service
12.6.2 Management Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Government
12.10.3 Aerospace
12.10.4 Retail
12.10.5 Energy
12.10.6 Manufacturing
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Special Service
13.6.2 Management Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Government
13.10.3 Aerospace
13.10.4 Retail
13.10.5 Energy
13.10.6 Manufacturing
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Key Management as a Service Market: Competitive Dashboard
14.2 Global Key Management as a Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CipherCloud (US)
14.3.2 Gemalto (Netherlands)
14.3.3 Google (US)
14.3.4 IBM (US)
14.3.5 Thales e-Security (France)
14.3.6 Box (US)
14.3.7 Egnyte (US)
14.3.8 KeyNexus (Canada)
14.3.9 Sepior (Denmark)
14.3.10 Unbound Tech (US)
