Certificate authorisation also called Attribute certificate (AC), is a digital certificate which proves the authenticity of the website issuing it. It helps in keeping the sensitive information of the users safe from cyber hackers. It also tells us that the website’s owner is legitimate and verified owner of the website. The global certificate authority market was USD 54.25 billion in 2018 and is estimated to reach USD 117.11 billion by 2025 at a CAGR of 11.62% during the forecast period
Growth by Region
Growth is driven majorly by United States and Canada. As in these nations, there are huge number of digital authority certificate providers. Also there are stringent rules and regulations regarding authenticity and security of a website.
Drivers’ vs Constraints
Growth of digital platforms in itself is the major driver for this market. Along with this growth, in software solutions is majorly pushing this market ahead as everybody is in the race to protect its IP and digital solution.
Industry updates and trends
Comodo CA announced its acquisition for CodeGaurd Inc., which is into maintenance, backup and recovery. CodeGuard will continue to work as separate entity. This acquisition will further make Comodo CA set a strong foothold in SSL market.
DigiCert acquired Symantec’s website security business in 2017 for $950 million. This will strengthen DigiCert’s website security business further by enhancing its customer service.
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