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Secure sockets layer (SSL) certification market size to increase by USD 6,116.08 million: North America will account for 43% of the market's growth during the forecast period - Technavio
[January 25, 2023]

Secure sockets layer (SSL) certification market size to increase by USD 6,116.08 million: North America will account for 43% of the market's growth during the forecast period - Technavio


NEW YORK, Jan. 25, 2023 /PRNewswire/ -- The Secure Sockets Layer Certification Market by Type, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 19.4% and register an incremental growth of USD 6,116.08 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report

Regional Analysis

By region, the global secure sockets layer (SSL) certification market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. North America will account for 43% of the market's growth during the forecast period. The increasing use of IoT and cloud computing technology coupled with flourishing web-based businesses in the BFSI and e-commerce industries are driving the growth of the regional market.

Company Profiles

The secure sockets layer (SSL) certification market report includes information on the key products and recent developments of leading vendors, including:

  • Comodo Security Solutions Inc: The company offers secure sockets layer certification such as Comodo Multi-Domain Wildcard SSL. 
  • DigiCert Inc: The company offers secure sockets layer certification such as Digicert SSL Certificate. 
  • Entrust Corp: The company offers secure socket layer certifications such as Entrust TLS/SSL Certificates. 
  • GlobalSign Ltd: The company offers secure sockets layer certification such as Managed SSL Certificate. 
  • GoDaddy Inc: The company offers secure sockets layer certification such as Domain Validation (DV) SSL Certificate. 
  • Internet Security Research Group
  • Secom Co. Ltd.
  • Sectigo Ltd.
  • Singapore Telecommunications Ltd.
  • SSL.com
  • Stack Holdings GmbH
  • SwissSign AG
  • TAIWAN CA Inc.
  • Tencent Holdings Ltd.
  • Web.com Group Inc.
  • To gain access to more vendor profiles available with Technavio, buy the report!

Market Dynamics

The market is driven by factors such as the increasing awareness of end-users, the increasing number of data thefts, and the need to adhere to regulatory requirements. However, the use of self-signed certificates is hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample

Market Segmentation

  • By type, the market is segmented into domain validation (DV), organization validation (OV), and extended validation (EV). The domain validation (DV) segment accounted for the largest share of the market.
  • By geography, the market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. North America held the largest share of the market.

Related Reports:

Data Security Market by Deployment, Type and Geography - Forecast and Analysis 2023-2027: The data security market is estimated to grow at a CAGR of 14.8% between 2022 and 2027. The size of the market is forecast to increase by USD 3,866.29 million. The stringent regulations regarding data protection are notably driving the market growth, although factors such as system integration and interoperability issues may impede the market growth.

Advanced Authentication Market by Technology, Type, and Geography - Forecast and Analysis 2023-2027: The advanced authentication market is estimated to grow at a CAGR of 14.85% between 2022 and 2027. The size of the market is forecast to increase by USD 34,366.94 million. High-level security provided by hardware OTP tokens is notably driving the market growth, although factors such as the rising number of technical defects may impede the market growth.

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What are the key data covered in this secure sockets layer (SSL) certification market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the secure sockets layer (SSL) certification market between 2023 and 2027
  • Precise estimation of the size of the secure sockets layer (SSL) certification market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the secure sockets layer (SSL) certification market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of secure sockets layer (SSL) certification market vendors




Secure Sockets Layer (SSL) Certification Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 19.4%

Market growth 2023-2027

USD 6,116.08 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

19.3

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alibaba Group Holding Ltd., AlphaSSL, Aruba Spa, ASSA ABLOY AB, Asseco Poland SA, Comodo Security Solutions Inc., DigiCert Inc., Entrust Corp., GlobalSign Ltd., GoDaddy Inc., Internet Security Research Group, Secom Co. Ltd., Sectigo Ltd., Singapore Telecommunications Ltd., SSL.com, Stack Holdings GmbH, SwissSign AG, TAIWAN CA Inc., Tencent Holdings Ltd., and Web.com Group Inc.

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Browse for Technavio "Industrials" Research Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global secure sockets layer (SSL) certification market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global secure sockets layer (SSL) certification market 2017 - 2021 ($ million)
  • 4.2 Type Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
  • 4.3 end-user Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – end-user Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
  • 6.2 Comparison by Type 
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Domain validation - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Domain validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Domain validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Domain validation - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Domain validation - Year-over-year growth 2022-2027 (%)
  • 6.4 Organization validation - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Organization validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Organization validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Organization validation - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Organization validation - Year-over-year growth 2022-2027 (%)
  • 6.5 Extended validation - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Extended validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Extended validation - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Extended validation - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Extended validation - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Type 
    • Exhibit 46: Market opportunity by Type ($ million)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 49: Chart on Comparison by End-user
    • Exhibit 50: Data Table on Comparison by End-user
  • 7.3 Large enterprises - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Large enterprises - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Large enterprises - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Large enterprises - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Large enterprises - Year-over-year growth 2022-2027 (%)
  • 7.4 SMEs - Market size and forecast 2022-2027
    • Exhibit 55: Chart on SMEs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on SMEs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on SMEs - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on SMEs - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by End-user 
    • Exhibit 59: Market opportunity by End-user ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027 
    • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 UK - Market size and forecast 2022-2027
    • Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.10 China - Market size and forecast 2022-2027
    • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.11 Canada - Market size and forecast 2022-2027
    • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
  • 9.12 Germany - Market size and forecast 2022-2027
    • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 AlphaSSL 
    • Exhibit 112: AlphaSSL - Overview
    • Exhibit 113: AlphaSSL - Product / Service
    • Exhibit 114: AlphaSSL - Key offerings
  • 12.4 Aruba Spa 
    • Exhibit 115: Aruba Spa - Overview
    • Exhibit 116: Aruba Spa - Product / Service
    • Exhibit 117: Aruba Spa - Key offerings
  • 12.5 ASSA ABLOY AB 
    • Exhibit 118: ASSA ABLOY AB - Overview
    • Exhibit 119: ASSA ABLOY AB - Business segments
    • Exhibit 120: ASSA ABLOY AB - Key offerings
    • Exhibit 121: ASSA ABLOY AB - Segment focus
  • 12.6 Asseco Poland SA 
    • Exhibit 122: Asseco Poland SA - Overview
    • Exhibit 123: Asseco Poland SA - Business segments
    • Exhibit 124: Asseco Poland SA - Key offerings
    • Exhibit 125: Asseco Poland SA - Segment focus
  • 12.7 Comodo Security Solutions Inc. 
    • Exhibit 126: Comodo Security Solutions Inc. - Overview
    • Exhibit 127: Comodo Security Solutions Inc. - Product / Service
    • Exhibit 128: Comodo Security Solutions Inc. - Key offerings
  • 12.8 DigiCert Inc. 
    • Exhibit 129: DigiCert Inc. - Overview
    • Exhibit 130: DigiCert Inc. - Product / Service
    • Exhibit 131: DigiCert Inc. - Key offerings
  • 12.9 Entrust Corp. 
    • Exhibit 132: Entrust Corp. - Overview
    • Exhibit 133: Entrust Corp. - Product / Service
    • Exhibit 134: Entrust Corp. - Key news
    • Exhibit 135: Entrust Corp. - Key offerings
  • 12.10 GlobalSign Ltd. 
    • Exhibit 136: GlobalSign Ltd. - Overview
    • Exhibit 137: GlobalSign Ltd. - Product / Service
    • Exhibit 138: GlobalSign Ltd. - Key offerings
  • 12.11 GoDaddy Inc. 
    • Exhibit 139: GoDaddy Inc. - Overview
    • Exhibit 140: GoDaddy Inc. - Product / Service
    • Exhibit 141: GoDaddy Inc. - Key offerings
  • 12.12 Internet Security Research Group 
    • Exhibit 142: Internet Security Research Group - Overview
    • Exhibit 143: Internet Security Research Group - Product / Service
    • Exhibit 144: Internet Security Research Group - Key offerings
  • 12.13 Secom Co. Ltd. 
    • Exhibit 145: Secom Co. Ltd. - Overview
    • Exhibit 146: Secom Co. Ltd. - Business segments
    • Exhibit 147: Secom Co. Ltd. - Key offerings
    • Exhibit 148: Secom Co. Ltd. - Segment focus
  • 12.14 Sectigo Ltd. 
    • Exhibit 149: Sectigo Ltd. - Overview
    • Exhibit 150: Sectigo Ltd. - Product / Service
    • Exhibit 151: Sectigo Ltd. - Key offerings
  • 12.15 Singapore Telecommunications Ltd. 
    • Exhibit 152: Singapore Telecommunications Ltd. - Overview
    • Exhibit 153: Singapore Telecommunications Ltd. - Business segments
    • Exhibit 154: Singapore Telecommunications Ltd. - Key offerings
    • Exhibit 155: Singapore Telecommunications Ltd. - Segment focus
  • 12.16 TAIWAN CA Inc. 
    • Exhibit 156: TAIWAN CA Inc. - Overview
    • Exhibit 157: TAIWAN CA Inc. - Product / Service
    • Exhibit 158: TAIWAN CA Inc. - Key offerings
  • 12.17 Web.com Group Inc. 
    • Exhibit 159: Web.com Group Inc. - Overview
    • Exhibit 160: Web.com Group Inc. - Product / Service
    • Exhibit 161: Web.com Group Inc. - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 162: Inclusions checklist
    • Exhibit 163: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 164: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 165: Research methodology
    • Exhibit 166: Validation techniques employed for market sizing
    • Exhibit 167: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 168: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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