Certificate Authority Market is Driven by Increasing Adoption of Cloud-Based Certificate Management Solutions | GoDaddy, Certum, GlobalSign, Actalis

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.

-There is a trend towards using Certificate Authorities for more than just SSL/TLS certificates, such as for code signing and email security.

-There is a trend towards using cloud-based Certificate Authorities, which offer flexibility and scalability.

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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.

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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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