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
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.
The secure sockets layer (SSL) certification market report includes information on the key products and recent developments of leading vendors, including:
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.
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
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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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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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