The global certificate authorities market is expected to be worth $ 127 million in 2021. It is expected to grow to $ 226 million, with a CAGR of 12.3% from 2021 to 2026.

0

Major factors contributing to the high growth rate of the Certificate Authorities market include an increase in the cases of HTTPS phishing attacks, an increase in the cases of malware and file-based attacks, growing concerns over loss of critical data and strict mandatory regulations and compliances. .

New York, December 09, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the “Certificate Authorities Market by Component, SSL Certification Validation Type, Organization Size, Vertical and Region – Global Forecast to in 2026 “- https: //www.reportlinker.com/p05532153/?utm_source=GNW

• By component, the services segment to register the highest growth rate during the forecast period

The certificate types sub-segment is estimated to have the largest market size, while the services segment is expected to experience high market growth. The growing number of cybercrime is forcing organizations to deploy state-of-the-art certificate management solutions.

Regulations such as GLBA, HIPAA and Personal Information Protection and Electronic Documents Act (PIPEDA) and standards (PCI DSS and SOX) require companies to comply with the terms of these standards. The trend, in turn, would prompt organizations across industries to embrace CA solutions and related services.

Additionally, the growing demand for technical expertise required to maintain and update CA solutions is expected to drive demand for managed PKI services.

By SSL certification validation type, the type of domain validation certification to record the highest growth rate during the forecast period
In the SSL certification validation type, the domain validation segment is expected to grow at the highest CAGR over the forecast period. Various types of certificates are gaining ground in the SME segment due to the increasing number of SMEs in the world and the increasing digitization.

North America dominates the organizational validation segment as companies in the region strongly adopt SaaS-based applications which is driving the growth of the market. The extended validation segment is also expected to gain ground, as it offers the highest level of security assurance.

Asia-Pacific to register highest growth rate during forecast period
Based on the regions, the Asia-Pacific Certification Authority (APAC) market is expected to grow at the highest CAGR during the forecast period. The growth of the market in Asia Pacific can be attributed to increasing cases of malware and file attacks, growing concerns about the loss of critical data, the rise of adoption trends in the IoT and cloud, and strict mandatory regulations and compliance.

The ACPA faces significant security costs, due to the region’s ever-growing threat landscape. APAC should invest more in security, given the growing threat of identity and access breaches.

Decomposition of primaries
The study contains information from various industry experts ranging from component suppliers to Tier 1 companies and OEMs. The distribution of primaries is as follows:
• By type of business: level 1 – 40%, level 2 – 35% and level 3 – 25%
• By designation: level C: 45%, level D: 30% and others: 25%
• By region: North America: 35%, Europe: 20%, Asia-Pacific: 30%, RDM: 15%
Key and innovative providers in the CA market include IdenTrust (US), DigiCert (US), Sectigo (US), GlobalSign (Belgium), Entrust (US), GoDaddy (US), Certum (Poland), Actalis ( Italy), Let’s Encrypt (US), SSL.com (US), E-Tugra (Turkey), WISeKey (Switzerland), Trustwave (US), SwissSign (Switzerland), TWCA (China), Buypass (Norway), Camerfirma ( Spain), HARICA (Greece), Certigna (France), NETLOCK (Hungary), TÜRKTRUST (Turkey), certSIGN (Romania), Disig (Slovakia), Network Solutions (United States) and OneSpan (United States).

Research coverage
The market research covers the Certification Authorities market size across segments. It aims to estimate the market size and the growth potential of this market in different segments by component (type of certificate and services), by type of SSL certification validation, by organization size, by vertical, and by region.

The study also includes an in-depth competitive analysis of key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Main advantages of purchasing the report
The report will help market leaders / new entrants with information on the closest approximations to revenue figures for the global Certificate Authorities market and its sub-segments. This report will help stakeholders understand the competitive landscape and gain more insight to better position their businesses and plan suitable go-to-market strategies.

The report will also help stakeholders to understand the market pulse and provide them with insights into the major market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p05532153/?utm_source=GNW

About Reportlinker
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001


Source link

Share.

About Author

Comments are closed.