Secured Socket Layer Certification Market - Opportunities and Forecast, 2016 - 2020

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Secured Socket Layer (SSL) Certification Market in the US to
grow at a CAGR of 24.33% during the period 2016-2020
Summary
Technavio Announces the Publication of its Research Report – Secured Socket Layer (SSL) Certification
Market in the US 2016-2020
Technavio recognizes the following companies as the key players in the secured socket layer (SSL)
certification market in the US: Comodo, DigiCert, Entrust Datacard, GlobalSign, GoDaddy, Symantec.
Other Prominent Vendors in the market are: Namecheap, Network Solutions, Nexcess.Net, SSL.com,
Starfield Technologies, Verizon, Volusion, and ZNetLive.
Commenting on the report, an analyst from Technavio’ s team said: “A trend which is positively
impacting the market is the increased adoption of IoT. IoT facilitates better connectivity with SSL
between devices, systems, and services and resolves critical situations such as information tampering.
The technology will be integrated with advanced features in the future, which will improve its
performance and lead to its increased adoption. For instance, devices installed in homes can be
controlled with mobile apps, such as controlling the temperature in a home using a thermostat. Certain
wearable devices such as smart watches help count calories burned, distance traveled, and the number
of stairs climbed.”
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According to the report, a key growth driver is the increasing penetration and adoption of cloud
services. As organizations are shifting from on-premises to cloud-based data storage models, the
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movement of data between servers and browsers has increased. This has led to an increase in
incidences of data theft and cyber-attacks. SSL certification helps in data encryption that prevents
unauthorized access to data. With the rate of security attacks increasing, there will be a greater need for
SSL certification in the forecast period.
Further, the report states that one challenge that could hamper market growth is the slow SSL response
time.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About
the
Secured
Socket
Layer
(SSL)
Certification
Market
in
the
US
SSL is a paradigm technology for the secure transmission of data between a client (web browser) and a
server (web server).
SSL creates an encrypted link between a web browser and a web server, which allows secure data
transmission.
It is a security protocol that uses algorithms to determine variables of the encryption for both the link
and data that is being transmitted.
It ensures the secure transmission of sensitive information such as credit or debit card numbers, login
credentials, and confidential information.
The encryption process includes the use of a public key and a private key to encrypt the data, which is
known as the SSL handshake process. The SSL handshake process securely exchanges data used by both
the client and server. The server responds to the browser with a request to begin communication by
using the master keys and parameters.
Technavio’ s analysts forecast the secured socket layer (SSL) certification market in the US to grow at a
CAGR of 24.33% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the secured socket layer (SSL)
certification market in the US for 2016-2020.
Technavio's report, Secured Socket Layer (SSL) Certification Market in the US 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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Key vendors
• Comodo
• DigiCert
• Entrust Datacard
• GlobalSign
• GoDaddy
• Symantec
Other prominent vendors
• Namecheap
• Network Solutions
• Nexcess.Net
• SSL.com
• Starfield Technologies
• Verizon
• Volusion
• ZNetLive
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Table Of Content
PART 01: Executive summary
• Key insights
PART 02: Scope of the report
• Market overview
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market description
• Evolution of SSL
• SSL handshake process
• Categories of SSL certificates
• Types of SSL certificates
• Online certificate status protocol (OCSP) stapling
• Web servers using SSL certificates
• Use of SSL certificates for websites
• SSL certificate compatible browsers and platforms
PART 06: Market development
• Evolution of SHA-2 algorithm
• New initiatives in SSL certification market
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PART 07: Market landscape
• Why is SSL required?
• Market size and forecast
PART 08: Choice of SSL
• SSL certification market in US by validation type
• DV SSL certification market in US
• OV SSL certification market in US
• EV SSL certification market in US
PART 09: Market segmentation by end-user
• SSL certification market in US by end-user
• SSL certification market in US in large enterprises
• SSL certification market in US in government organizations
• SSL certification market in US in SMEs
PART 10: Buying criteria
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According to the report, a key growth driver is the increasing penetration and adoption of cloud services. As organizations are shifting from on-premises to cloud-based data storage models, the movement of data between servers and browsers has increased.