Tech World Herald - Certificate Authority Market To Incur With CAGR Of 10.2% By 2026

Certificate Authority Market To Incur With CAGR Of 10.2% By 2026

Newsdesk 10/7 11:41

Certificate authority is a trusted third party that issues digital certificates, contains data files used to cryptographically link entity with a public key. Certificate authorities are a critical part of the internet?s public key infrastructure as they issue SSL certificates that web browsers use to authenticate content sent from web servers.

The market revenue for 2019 is expected to be valued US$ 0.07 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period. The global certificate authority market is estimated to be valued at US$ 0.07 Bn in 2019, and is expected to register a CAGR of over 10.2%.

Increasing demand for certificate authority to securely identify and access online activities is expected to drive growth of the global market over the forecast period. Certification authority need to meet standards set either by the AICPA/CICA or by ETSI in order to accepted by browser supplier. The AICPA/CICA standard is called ?WebTrust for CAs? and the ETSI standard is called ?ETSI TS 101456 Policy requirements for certification authorities issuing qualified certificates?.

Global Certificate Authority Market: Market Forecast

The comprehensive research report comprises a complete forecast of the global certificate authority market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global certificate authority market is expected to register a CAGR of 10.2% during the forecast period.

Global Certificate Authority Market: Segmental Snapshot

The market report has been segmented on the basis of component, validation type, organization, industry vertical, and region/country: The component segment includes SSL certificates, secure email certificates, code signing certificates, and authentication certificates, and services support services, implementation and integration services, and managed PKI services. The validation type segment includes extended validation, organization validation, and domain validation. The organization size segment includes large enterprises and small and medium-sized enterprises (SMEs). The industry verticals segment includes banking, financial services, and insurance, retail, government and defense, healthcare, it and telecom, travel and hospitality, education, and others.

By component: The certificate type segment accounted for highest revenue share contribution in 2018, as compared to other product type segment. The services segment is projected to register a highest CAGR of over 10% between 2019 and 2027

By validation type: The organizational validation segment accounted for highest revenue share contribution in 2018, as compared to other application segments. The extended validation segment is projected to register a highest CAGR of over 10.1% between 2019 and 2027

By organization size: The small and medium size entrepreneurs segment accounted for highest revenue share contribution in 2018, as compared to other application segments. The small and medium size enterprise is projected to register a highest CAGR of over 10% between 2019 and 2027

By industry vertical: The banking, financial services, and insurance segment accounted for highest revenue share contribution in 2018, as compared to other application segments, and is expected to register a CAGR of over 9.8% between 2019 and 2027

By Region: The market in North America accounted for highest revenue share in the global certificate authority market in 2018. The healthcare segment is projected to register a highest CAGR of over 10.4% between 2019 and 2027.

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Global Certificate Authority Market: Competitive Analysis

The research report on the global certificate authority market includes profiles of some of the major companies such as IdenTrust, Inc., Comodo CA Limited, DigiCert, Inc., GoDaddy Inc., GMO GlobalSign Ltd., Asseco Poland SA, ACTALIS S.p.A., Entrust Datacard Corporation, Singapore Telecommunications Limited, SSL Corp, Network Solutions, LLC, SwissSign Group AG, WISeKey International Holding AG


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