Securing Digital Transactions: Trends in the Public Key Infrastructure Market
The global public key infrastructure market size is expected to reach USD 19.20 billion by 2030, and is anticipated to expand at a CAGR of 19.9% from 2023 to 2030, according to a new report by Grand View Research, Inc.The public key infrastructure (PKI) market is driven by the increasing adoption of enterprise key management among IT and security professionals, growing adoption of smart technologies and distributed applications, and the advent of 5G. While cyber security envisages a more comprehensive approach to securing the overall digital ecosystem, data security is more focused on securing the data the digital ecosystem generates and stores by rolling out various primary protection layers. Putting a strong emphasis on encryption, access controls, data categorization, and data masking; data security ensures that the data remains secure continuously. Technologies such as Artificial Intelligence (AI) and Machine Learning (ML) are empowering data-cent...