Data protection remains integral in our wide digital world. Amid serious cyber threats, a strong cybersecurity plan needs to be formulated, and at the epicenter of it lies a silent guardian: authentication. The global public key infrastructure (PKI) market is anticipated to grow from USD 1.3 billion in 2018 to USD 5.5 billion in 2023 and to surge at a CAGR of 20.2% during the forecast period of 2018-2023, thus reaching USD 13.8 billion by 2028.
This has been possible because of the increasing awareness amidst enterprises, small and large, across industries on the paramount need for the protection of sensitive data, securing digital identities, and ensuring the integrity of digital transactions. This piece explores how digital certificates and Public Key Infrastructure (PKI) play a pivotal role in strengthening cybersecurity defenses.