The Europe Certificate Authority Market would witness market growth of 11.0% CAGR during the forecast period (2023-2030).
There is a growing requirement for website identity authentication and secure data translation between the website and its clients. Due to the rapidly expanding adoption of Internet of Things technology, which gives access to millions of applications for desktops, laptops, and mobile devices, code-signing certificates from publicly trusted certification authorities fill a crucial need for the authentication of software distributed over the Internet.
With the help of code signing certificates, users can add digital signatures to executable files, enabling software developers to integrate biographical data and ensure the consistency of their code with their products. End customers can download 32-bit or 64-bit executable files (.exe,.ocx,.dll,.cab, and more) that have been digitally signed with confidence that the code has not been altered or corrupted.
The rising usage of certificate authority services for cloud-based services to provide data and network security is another ongoing trend in the market. In the upcoming years, it is anticipated that this trend will acquire momentum, boosting the expansion of the market.
According to the International Trade Administration, cyber enterprises and technology are well-appreciated in the U.K. Although difficult to measure, cybercrime has been estimated to cost the U.K. $30 billion annually. Every month, the U.K. is the target of some 60 “high-level” cyberattacks, many of which pose a threat to national security, according to the National Cyber Security Centre (NCSC). Additionally, the complexity of firms’ I.T. footprints is growing, raising the demand for sophisticated and specialized cyber solutions. As a result, the need for security solution rises in the region supporting the growth of the market as they help to secure the sensitive data of the consumers.
The Germany market dominated the Europe Certificate Authority Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $22,573.6 Thousands by 2030. The UK market is exhibiting a CAGR of 10% during (2023 - 2030). Additionally, The France market would experience a CAGR of 11.8% during (2023 - 2030).
Based on Vertical, the market is segmented into BFSI, Retail & eCommerce, IT & Telecom, Government & Defense, Healthcare & Lifesciences, Travel & Hospitality, Education, and Others. Based on Organization Size, the market is segmented into Small & Medium Enterprises, and Large Enterprises. Based on Offering, the market is segmented into Certificate Types (SSL Certificate, Secure Email Certificate, Code Signing Certificate, and Authentication Certificates), and Services. Based on SSL Certificate Validation Type, the market is segmented into Domain Validation, Organization Validation, and Extended Validation. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Certificate Authority Market is Projected to reach USD 344.9 Million by 2030, at a CAGR of 11.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sectigo Limited (GI Partners L.P.), DigiCert, Inc. (Clearlake Capital Group, L.P.), GMO GlobalSign Pte. Ltd (GMO Internet Group, Inc.), GoDaddy Inc., IdenTrust, Inc. (HID Global Corporation), Entrust Corporation, Certum (Asseco Data Systems S.A.), Actalis S.p.a (Aruba S.p.a.), WISeKey International Holding Ltd and Newfold Digital, Inc.
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