Frost Radar™: PKI-as-a-Service, 2024

The move to the cloud and hybrid workspaces have become the business norm, and the management of user, machine, and workload identities requires a cloud-native and cloud-first approach. In an environment of ever-more-complex hybrid and multicloud architectures, security concerns and use cases, limitations due to certificate issuance and PKI management cannot be a barrier to growth for modern organizations.

PKI-as-a-service (PKIaaS) relieves organizations of the complexities of operating an on-prem PKI in relation to hardware, software, staff, and compliance. By bringing centralized expertise and technical capabilities, PKIaaS providers ensure that enterprise PKIs are always available, secure, and compliant. Through constant monitoring, reporting, and built-in disaster recovery, PKIaaS substantially reduces security and operational risks for organizations.

PKI use cases typically come with different attributes, policies, hierarchies, integration, and configuration requirements. For organizations lacking the sufficient human resources to set up and manage PKI architectures, PKIaaS provides seamless integration of modern applications and systems without interoperability issues.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths. It complements the PKIaaS Growth Opportunities market report.

Author: Özgün Pelit