Global Secure Sockets Layer (SSL) Certification Industry

Global Secure Sockets Layer (SSL) Certification Industry

  • April 2021 •
  • 148 pages •
  • Report ID: 5896354 •
  • Format: PDF
Abstract:
- Global Secure Sockets Layer (SSL) Certification Market to Reach $10.9 Billion by 2027
- Amid the COVID-19 crisis, the global market for Secure Sockets Layer (SSL) Certification estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$10.9 Billion by 2027, growing at a CAGR of 21% over the analysis period 2020-2027. OV SSL Certificate, one of the segments analyzed in the report, is projected to record a 22.7% CAGR and reach US$6.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the DV SSL Certificate segment is readjusted to a revised 20% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $861.2 Million, While China is Forecast to Grow at 20.4% CAGR
- The Secure Sockets Layer (SSL) Certification market in the U.S. is estimated at US$861.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 20.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19% and 17.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.
- EV SSL Certificate Segment to Record 16.2% CAGR
- In the global EV SSL Certificate segment, USA, Canada, Japan, China and Europe will drive the 16.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$340 Million in the year 2020 will reach a projected size of US$970.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027.

- Select Competitors (Total 46 Featured) -
  • Actalis S.p.A.
  • Certum
  • Comodo Security Solutions, Inc
  • DigiCert, Inc.
  • Entrust Datacard Corporation
  • GlobalSign, Inc.
  • GoDaddy, Inc.
  • IdenTrust, Inc.
  • Network Solutions LLC
  • Secure Sockets Layer (SSL) Certification
  • Symantec Corporation
  • Trustwave Holdings, Inc.
  • T-Systems International GmbH