Global Secure Sockets Layer (SSL) Certification Market value is projected to reach US$ 15.77 Bn at the end of the forecast period and it is expected to grow at the CAGR of 20.7%.
An SSL certificate is a digital certificate that authenticates a website and allows for an encrypted connection. These certificates inform the client that the web service host demonstrated domain ownership to the certificate authority at the time the certificate was issued. The SSL protocol’s primary purpose is to ensure privacy and dependability between two communicating apps. It works with various forms of security such as WPA keys and firewalls and may be configured on both wired and wireless networks.
SSL certification is a protocol that is used to protect data delivered over the internet. It works by encrypting data while it is transmitted from one computer to another, resulting in a secure connection that hackers find difficult to intercept. Certificate Authority (CA) offer SSL certificates, which are used to authenticate websites and ensure that users can trust the site they are viewing. The certificate also guarantees that the website is secure and that any data entered into it is not intercepted.
Market Overview
As the internet has become more prevalent in our daily lives, so has the demand for cyber security. As more people connect to the internet, more crooks flock to it. Cyber security/Internet security refers to the protection of website domains or servers against various types of illegal attacks. Cyber security is extremely useful in every industry in today’s society, including the military, government, IT and telecommunications, and so on. Everything is now connected to the internet, from simple shopping to defence secrets, creating a significant need for cyber security, which is why SSL is extensively used over the Internet for secure communication.
Throughout the forecast period, the global SSL certificate market is expected to develop at a CAGR of 20.7%. The growing use of IoT and cloud computing can be attributed to an increase in demand for SSL, which enables secure M2M communication and transaction. The increased usage of internet banking, e-commerce, and financial trading is predicted to open up new avenues for SSL certification in order to reduce cyber-attacks, transfer encrypted data, and secure communication over the internet. Because OV SSL and DV SSL Certificates are appropriate for SMEs with limited budgets, demand for OV SSL and DV SSL is likely to increase during the projection period.
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Global Secure Sockets Layer (SSL) Certification Market: Major Players
T-Systems
IdenTrust
TWCA
Secom Trust
GoDaddy
Comodo
Certum
StartCom
DigiCert
GlobalSign
Network Solutions
ACTALIS
Entrust Datacard
Let’s Encrypt
Symantec
Trustwave
Global Secure Sockets Layer (SSL) Certification Market: Types
OV SSL certificate
DV SSL certificate
EV SSL certificate
Global Secure Sockets Layer (SSL) Certification Market: Applications
SMEs
Large enterprises
Government agencies
Global Secure Sockets Layer (SSL) Certification Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Secure Sockets Layer (SSL) Certification market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America
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