Bizizz Market Research has recently published a research report, “Key Public Infrastructure Market By Product (Solutions and Services), Deployment (On Premises and Cloud); and by End-user (Telecom, IT, BFSI and Life-sciences) and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Key Public Infrastructure Market is anticipated to reach at market value of US$ 4 Bn by 2027, witnessing a CAGR of 15% during the forecast period. The increased demand for secure communication between server and the client is driving the demand for key public infrastructure across the globe.
The rising concerns regarding cyber security due to rise in file-based attacks is anticipated to fuel the demand for key public infrastructure during the forecast period.
The Key Public Infrastructure market is anticipated to register a CAGR of over 15 % during the forecast period.
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By Product, Solution segment held Prominent Share in Global Key Public Infrastructure Market in 2018
Key Public infrastructure solutions is necessary for securing the communication between client and the server by means of data encryption. Thus, organizations are adopting whole solutions of key public infrastructure to safeguard the sensitive data. Therefore, the solution segment contributed to a key share in Global market in 2018.
By End-User, BFSI To Dominate the Global Public Infrastructure Market During The Forecast Period
The data security is a big concern in the IT infrastructure in BFSI sector owing to the sensitive data handling in this sector. The data theft or malware can cause server damage to the BFSI sectors. The increased online transactions due penetration of internet and computerization of banking sector have augmented the secured infrastructure. This, in turn is driving the demand for Public infrastructure market in BFSI sector.
North America dominated the Key Public Infrastructure Market in 2018
The higher adoption of key public infrastructure by key companies owing ease of service due to presence of key vendors in the North America region have augmented the demand for key public infrastructure. The increased concern regarding data security is driving the demand for key public infrastructure in North America region.
The increasing e-banking and other functions in BFSI sector of countries such as China, India due to higher penetration of internet and governmental focus for digitalization are anticipated to fuel the demand for key public infrastructure during the forecast period. Thus, Asia Pacific key public infrastructure market is anticipated to expand at significant pace during the forecast period.
Global key public infrastructure market was consolidated as the key players contributed to prominent share in global market in 2018.
Key players operating in the Global Key Public Infrastructure Market are: Gemalto N.V, Emudhra, Securemetric, IBM corporation, Futurex, Airbus SAS, SSL.com, Nexus Group, ACTAVIS, Verisign, Globalsign and Microsoft corporation.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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