Certificate Authority Market Likely To Experience Substantial Growth In The Forecast Period 2021-2031 | Sectigo, GoDaddy, Certum, GlobalSign, Actalis, Trustwave, SwissSign

New York, According to a new market research report published by Global Insight Services “Certificate Authority Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A certificate authority (CA) is an entity that issues digital certificates. A digital certificate is used to verify that a public key belongs to an individual, organization, server, or other entity. A CA uses a variety of techniques to ensure that the public key in a digital certificate is valid and has not been tampered with.

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Key Trends

Some of the key trends in Certificate Authority technology include the following:

  • The use of Certificate Authorities is growing rapidly as more organizations adopt them for their digital security needs.
  • There is an increasing trend towards using multi-factor authentication for Certificate Authorities, which adds an extra layer of security.
Key Drivers

The report also cites the increasing adoption of cloud-based certificate management solutions as a key driver of market growth.

The increasing use of Internet of Things (IoT) devices is another key driver of market growth. IoT devices are often used to collect and exchange sensitive data, making them a target for cyber criminals.

The increasing number of data breaches is a key challenge faced by the certificate authority market. Data breaches can occur when digital certificates are not properly managed.

Market Segments

The certificate authority market is segmented by certificate types, services, end-use, and region. By certificate types, the market is classified into SSL certificates, secure email certificates, code signing certificates, authentication certificates. On the basis of services, it is bifurcated into support services, implementation and integration services, and managed PKI services. Based on end-use, it is divided into BFSI, healthcare, travel, education, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global certificate authority market includes players such as Sectigo, GoDaddy, Certum, GlobalSign, Actalis, Trustwave, SwissSign, Certigna, Buypass, OneSpan, and others.

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Reasons to buy Certificate Authority Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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