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In our ever-connected data-driven era, Organizations have large volumes of sensitive data at rest, which is stored in databases, archives, spreadsheets, data warehouses, mobile devices, and off-site backups. To protect and safeguard this sensitive data, organizations are adopting efficient enterprise key management solutions and services.
For those who are unfamiliar, Enterprise key management solutions and services facilitate the effective management of the lifecycle of keys used in the cryptography technology.
According to Research and Markets, the enterprise key management market size is expected to grow from USD 933.2 million in 2017 to USD 2,343.6 million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.2%.