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High Adoption of E-commerce Driving the Secured Socket Layer Certification Market in the US Through 2020, Says TechnavioAccording to the latest market study released by Technavio, the secured socket layer (SSL) certification market in the US is expected to grow at a CAGR of more than 24% during the forecast period. This research report titled 'Secured Socket Layer Certification Market in the US 2016-2020' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes an up to date analysis and forecasts for various market segments and all geographical regions. SSL is a paradigm technology for the secure transmission of data between a client (web browser) and a server (web server). An SSL certificate digitally incorporates a cryptographic key into an organization's details. SSL certificates are validated and provided by the certification authority (CA (News - Alert)), which are later installed on the web server. SSL ensures the security of information while making online transactions and the transmission of confidential data. Request sample report: http://goo.gl/MM3VfR The report categorizes the SSL certification market in the US into three major end-user segments. They are:
SSL certification market in US in large enterprises The SSL certification market in the US in large enterprises will grow at a CAGR of more than 25% during the forecast period. One of the major reasons for the growth of the SSL certification market in the US is the increased use of the internet for many purposes such as Outlook Web Access and cloud-based computing platforms in large enterprises. According to Amrita Choudhury, a lead analyst at Technavio for b>IT security research, "The demand for SSL certification has increased because of the growing need to maintain privacy and retain credibility of the organization." Large enterprises require a high level of security and are not cost-conscious. So they use organization validation (OV) SSL and extended validation (EV) SSL certificates. The large enterprises that use SSL certificates include the major e-commerce enterprises and enterprises in the banking, financial services, and insurance (BFSI) sector. SSL certification market in US in government organizations The SSL certification market in the US in government organizations will grow at a CAGR of close to 24% during the forecast period. Online security is a major concern for government organizations in the US. In 2015, the US declared a policy to require secure connections across all federal websites and web services. Many organizations such as the United Nations, NASA, the FBI, and the US House of Representatives in the US are adopting online security solutions. The US government has made it mandatory for all publicly accessible federal websites to have a secure connection. Hypertext transfer protocol secure (HTTPS) is the strongest privacy and integrity protection currently available for public connections. SSL certification market in US in SMEs The SSL certification market in the US in SMEs will grow at a CAGR of close to 24% during the forecast period. SMEs are cost-conscious, therefore, they are increasingly adopting self-signed SSL certificates because they are free. "However, the adoption of domain validation (DV) SSL or OV SSL certificates by SMEs is increasing because of the rise in number of cyberattacks. Also, SMEs are constantly under the surveillance of authorities, which monitor and ensure compliance with standards and rules, says Amrita. The top vendors highlighted by Technavio's research analysts in this report are: Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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