Certificate Authority Market is expected to reach US$ XX Mn. by 2027 at a CAGR of 11% during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
A certification authority (CA) or certificate authority is an entity that issues digital certificates. A digital certificate certifies the ownership of a public key.
The increase in awareness among internet users about secure web access, the growing need to build trust among the expanding online customer base, and adhering to stringent compliances and regulations are some of the driving factors expected to drive the growth of the certificate authority market during the forecast period. Running a private certificate authority or using self-signed certificates are some of the restraining factors would affect the certificate authority market during the forecast period.
Among certificate type, the SSL Certificates segment is expected to hold the largest certificate authority market size during the forecast period, as this segment helps the client to authenticate the website. This segment provides various features such as integrity, encryption, non-repudiation, and authentication. Moreover, these features collaboratively establish non-repudiation for data transferred over web browsers, which prevents parties from cyber risks. These features are responsible for the deployment of SSL certificates.
Based on the service segment, Managed Public Key Infrastructure (PKI) services segment is expected to hold the larger certificate authority market share during the forecast period. The PKI technology offers organizations the way to control many digital certificates for authentication, SSL, usages of digital signatures, and document signing. A managed PKI service provides access to digital certificates without the need to establish, buy, protect, and operate an in-house certificate authority. It helps to secure communications for network and user access and cloud-based applications without increasing IT burden.
Among Industry Verticals, the Banking, Financial Services and Insurance (BFSI) industry vertical is expected to have the large market size during the forecast period, as organizations focus on security and privacy online transactions and their sensitive information.
Geographically, North America held the XX% share of the certificate authority market share in 2018. North America is advanced in terms of infrastructure and technology adoption. Furthermore, large numbers of digital certificate vendors are present in this region. The market in Asia Pacific is expected to expand at a high CAGR of XX% during the forecast period.
The objective of the report is to present a comprehensive analysis of Global Certificate Authority Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Certificate Authority Market dynamics, structure by analyzing the market segments and project the Global Certificate Authority Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Certificate Authority Market make the report investor’s guide.
Scope of the Certificate Authority Market
Certificate Authority Market, By Certificate Types
SSL Certificates
Secure Email Certificates
Code Signing Certificates
Authentication Certificates
Certificate Authority Market, By Services
Support Services
Implementation and Integration Services
Managed PKI Services
Certificate Authority Market, By SSL Certificate Validation Type
Extended Validation
Organization Validation
Domain Validation
Certificate Authority Market, By Organization Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Certificate Authority Market, by Industry Vertical
Banking, Financial Services, and Insurance (BFSI)
Retail
Government and Defense
Healthcare
IT and Telecom
Travel and Hospitality
Education
Others (Transportation and Logistics, Media and Entertainment, and Manufacturing)
Certificate Authority Market, by Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America