Secured Socket Layer 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%.
The majority of web servers employ Security Socket Layer (SSL), a widely used security protocol, to enable a secure machine-to-machine (M2M) connection for communication and transactions across an unsecure network, like the internet. In essence, SSL is utilised whenever a web browser must establish a secure connection with a web server over an unsafe network. Technically speaking, SSL is a transparent protocol that needs communication from end users to establish a secure session. The SSL protocol makes use of digital certificates to provide a secure communications channel between two entities. A trusted Certificate Authority (CA) will issue an SSL certificate, a tiny data file that digitally links a cryptographic key to an organization’s business information.
A mechanism called Secure Sockets Layer (SSL) certification is used to safeguard data sent over the internet. It functions by encrypting data as it is transferred between computers, establishing a secure connection that is challenging for hackers to access. SSL certificates, which are used to authenticate websites and ensure that users can trust the site they are viewing, are given by Certificate Authorities (CA). The certificate also guarantees the website’s security and the privacy of any data submitted there.
Drivers & Restraints
A number of factors, including an increase in online shopping, payment transactions, and regulatory requirements, are fueling the expansion of the SSL certification industry. For instance, in order to validate the protection of sensitive data, businesses are required to follow the PCI DSS (Payment Card Industry Data Security Standard). Businesses that accept credit card payments must adhere to the PCI DSS standard. These businesses’ web browsers are also supported by the SSL certificates used in them. As a result, they are better able to comply with PCI standards and accept credit cards on their website.
The market for SSL certification is expected to develop as a result of the growing use of cloud computing and the Internet of Things (IoT).
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Global Secured Socket Layer Certification Market: Major Players
• Symantec
• Let’s Encrypt
• IdenTrust
• Network Solutions
• Certum
• DigiCert
• Trustwavek
• ACTALIS
• Comodo
• GlobalSign
• StartCom
• Entrust Datacard
• Secom Trust
• TWCA
• GoDaddy
Global Secured Socket Layer Certification Market: By Types
• DV SSL Certificate
• EV SSL Certificate
• OV SSL Certificate
Global Secured Socket Layer Certification Market: By Applications
• SMEs
• Large Enterprises
• Government Agencies
Global Secured Socket Layer 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 Secured Socket Layer 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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