SSL Certificate Market Report 2025 (Global Edition)

Global SSL Certificate Market Report 2025 Market Size Split by Certificate Type (Domain Validated (DV) Certificates, Organization Validated (OV) Certificates, Extended Validation (EV) Certificates), b...

SSL Certificate Market Report Description

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SSL Certificate Market Insights Video

Competitive Landscape of the SSL Certificate Market

The competitive landscape of the SSL certificate market is characterized by the presence of several key players that dominate the market through a combination of extensive product portfolios, strong brand recognition, and comprehensive customer support services. Leading companies such as DigiCert, Sectigo (formerly Comodo CA), GlobalSign, and Entrust Datacard hold substantial market shares due to their ability to provide a wide range of SSL certificate solutions, including Extended Validation (EV), Organization Validation (OV), and Domain Validation (DV) certificates.

March 2023: GlobalSign announced the successful establishment of a technology partnership with essendi it. The partnership will integrate essendi xc with GlobalSign's certificate platform, Atlas.

(Source: https://www.globalsign.com/en/company/news-events/news/certificate-authority-announces-new-partnership-clm-provider)

May 2022 IdenTrust issued new Subordinate CA (SubCA), "IGC Device CA 2" to remain compliant with all Federal Public Key Infrastructure Policy Authority (FPKIPA) requirements. It will replace the current "IGC Device CA 1" SubCA.

(Source: https://www.skyquestt.com/report/certificate-authority-market/companies)

Top Companies Market Share in SSL Certificate Industry: (In no particular order of Rank)

• DigiCert Inc.
• GlobalSign
• Sectigo Limited
• GoDaddy Inc.
• Entrust Datacard
• Thawte
• GeoTrust
• Symantec
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the SSL Certificate Market

Which Region Dominates the SSL Certificate Market in 2024?

According to Cognitive Market Research, North America dominates the SSL Certificate Market due to several key factors. Firstly, the region has a high concentration of online businesses and e-commerce platforms that require SSL certificates to ensure secure transactions and protect customer data. Secondly, stringent regulatory frameworks and cybersecurity standards in North America drive the adoption of SSL certificates to comply with data protection laws. Additionally, the presence of leading SSL certificate providers and advanced IT infrastructure facilitates the widespread implementation of these security measures.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is the fastest-growing region in the SSL Certificate Market due to several key factors. Firstly, the rapid expansion of e-commerce and online services in countries like China, India, and Southeast Asian nations drives the demand for SSL certificates to secure online transactions. Secondly, increasing internet penetration and the growing number of internet users in the region necessitate enhanced online security measures. Additionally, rising awareness about cybersecurity threats and the need for data protection boost the adoption of SSL certificates.

 

The current report Scope analyzes SSL Certificate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America SSL Certificate

According to Cognitive Market Research, the global SSL Certificate market size was estimated at USD 189.6 Million,out of which North America held the major market of more than 40% of the global revenue with a market size of USD 75.84million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.4%from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the SSL Certificate market with a market size of USD 59.84 million in 2024 and is projected to grow at a CAGR of 10.2% during the forecast period. The demand is amplified by the nation's increasing awareness of online security.
• The Canada SSL Certificate market had a market share of USD 9.10 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period. Canada's stringent data protection regulations.
• The Mexico SSL Certificate market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 6.90 million in 2024.

Europe SSL Certificate

According to Cognitive Market Research, the global SSL Certificate market size was estimated at USD 189.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 56.88million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7%from 2024 to 2031.

• The United Kingdom SSL Certificate market had a market share of USD 9.56 million in 2024 and is projected to grow at a CAGR of 11.5% during the forecast period. In the UK, SSL Certificate sales witness an upswing due to the nation's stringent data protection laws such as GDPR.
• The France SSL Certificate market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 5.23 million in 2024.
• According to Cognitive Market Research, the Germany SSL Certificate market size was valued at USD 11.26 million in 2024 and is projected to grow at a CAGR of 10.9% during the forecast period. In Germany, SSL Certificate sales surged due to the increasing emphasis on cybersecurity.
• The Italy SSL Certificate market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 4.89 million in 2024.
• The Russia SSL Certificate market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 8.82 million in 2024.
• The Spain SSL Certificate market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 4.66 million in 2024
• The LuxembourgSSL Certificate market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 1.76 million in 2024.
• The PortugalSSL Certificate market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 1.19 million in 2024.
• The GreeceSSL Certificate market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 0.68 million in 2024.
• Rest of Europe'sSSL Certificate market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 8.82 million in 2024.

Asia Pacific SSL Certificate

According to Cognitive Market Research, the global SSL Certificate market size was estimated at USD 189.6Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 43.61million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2%from 2024 to 2031.

• According to Cognitive Market Research, the China SSL Certificate market size was valued at USD 19.62 million in 2024 and is projected to grow at a CAGR of 13.7% during the forecast period. SSL Certificate sales surge in China due to the expanding internet penetration and e-commerce activities.
• The Japan SSL Certificate market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 6.02 million in 2024.
• The India SSL Certificate market had a market share of USD 5.23 million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. India's expanding internet penetration and e-commerce activities.
• The South Korea SSL Certificate market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 4.36 million in 2024.
• The Australia SSL Certificate market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 2.27 million in 2024.
• The South East Asia SSL Certificate market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 3.01 million in 2024.
• The Rest of Asia Pacific SSL Certificate market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 3.10 million in 2024.

South America SSL Certificate

According to Cognitive Market Research, the global SSL Certificate market size was estimated at USD 189.6 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 9.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.6%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil SSL Certificate market size was valued at USD 4.06 million in 2024 and is projected to grow at a CAGR of 12.2% during the forecast period. SSL Certificate sales flourish in Brazil due to increasing digitalization and heightened cybersecurity concerns.
• Argentina SSL Certificate market had a market share of USD 1.59 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. Argentina's increasing digitalization.
• Colombia SSL Certificate market is projected to witness growth at a CAGR of 11.4% during the forecast period with a market size of USD 0.84 million in 2024.
• Peru SSL Certificate market is projected to witness growth at a CAGR of 11.8% during the forecast period with a market size of USD 0.78 million in 2024.
• Chile SSL Certificate market is projected to witness growth at a CAGR of 11.9% during the forecast period with a market size of USD 0.68 million in 2024.
• The Rest of Latin America SSL Certificate market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 1.53 million in 2024.

Middle East SSL Certificate

According to Cognitive Market Research, the global SSL Certificate market size was estimated at USD 189.6 Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 3.79million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9%from 2024 to 2031.

• The GCC Countries SSL Certificate market is projected to witness growth at a CAGR of 12.7% during the forecast period with a market size of USD 1.62 million in 2024. SSL Certificate sales flourish due to the increased digital adoption and a rising emphasis on cybersecurity.
• The Egypt SSL Certificate market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 0.40 million in 2024.
• The South Africa SSL Certificate market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 0.60 million in 2024. SSL Certificate sales flourish in South Africa due to the rising emphasis on cybersecurity.
• The Turkey SSL Certificate market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 0.33 million in 2024.
• The Nigeria SSL Certificate market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 0.40 million in 2024.
• The Rest of MEA SSL Certificate market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 0.45 million in 2024.

SSL Certificate Market Analysis

How are Segments Performing in the Global SSL Certificate Market?

SSL Certificate Market Certificate Type Segment Analysis

According to Cognitive Market Research, Organization Validated (OV) certificates dominate the SSL certificate market due to their balanced offering of security and validation without the extensive process required for Extended Validation (EV) certificates. OV certificates not only encrypt data but also verify the organization's legitimacy, which builds trust among users. Businesses and organizations prefer OV certificates for their comprehensive verification process, which enhances credibility and security. This trust factor makes OV certificates a popular choice for e-commerce sites and enterprises handling sensitive customer data, ensuring secure transactions and data integrity.

Domain Validated (DV) certificates are the fastest-growing category in the SSL certificate market due to their ease of issuance and cost-effectiveness. These certificates require minimal validation, often being issued within minutes, making them highly attractive for small businesses, startups, and individual website owners. The increasing awareness of the importance of website security and the push for HTTPS adoption by major browsers have further fueled the demand for DV certificates.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of SSL Certificate Industry. Request a Free Sample PDF!

SSL Certificate Market Validation Level Segment Analysis

According to Cognitive Market Research, Single Domain SSL certificates dominate the SSL certificate market due to their simplicity and cost-effectiveness for securing individual websites. These certificates are ideal for small to medium-sized businesses that only need to secure one domain, making them highly popular. The straightforward validation process and lower cost compared to Multi-Domain and Wildcard SSL certificates make them accessible to a wide range of users, from personal bloggers to small business owners.

The Multi-Domain SSL Certificates, also known as Subject Alternative Name (SAN) certificates, are the fastest-growing category in the SSL certificate market. These certificates allow businesses to secure multiple domains and subdomains under a single certificate, offering significant cost and administrative efficiencies. As enterprises expand their online presence across multiple domains, the demand for SAN certificates has surged. This growth is propelled by their versatility and convenience, allowing organizations to manage their SSL needs more effectively while ensuring robust security across all their web properties.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

SSL Certificate Subscription Duration Segment Analysis

Subscription Duration Segment Analysis

According to Cognitive Market Research, The 1-Year subscription dominates the SSL certificate market due to its flexibility and regulatory alignment. Many organizations prefer the 1-Year option because it aligns with current best practices and guidelines from major browsers and certificate authorities, which emphasize shorter certificate lifespans to enhance security. This duration also allows businesses to stay agile, quickly adapting to changes in security standards or organizational needs. The relatively lower upfront cost and the opportunity to reassess their security strategy annually make the 1-Year subscription the most popular choice among businesses of all sizes.

The More than 2-Year subscriptions are the fastest-growing category in the SSL certificate market, driven by organizations seeking long-term stability and reduced administrative overhead. Although recent industry changes have limited the maximum duration of SSL certificates to 2 years, the market still sees significant interest in the longest available options due to the convenience and cost savings of not needing frequent renewals.

• 1-Year
• 2-Year
• More than 2 year

SSL Certificate Encryption Strength Segment Analysis

Encryption Strength Segment Analysis

According to Cognitive Market Research, 256-bit SSL encryption is the dominant category in the SSL certificate market due to its superior security features and widespread industry acceptance. This encryption strength provides a high level of data protection, which is crucial for financial institutions, e-commerce platforms, and any organization handling sensitive information. The robustness of 256-bit encryption makes it the preferred choice for companies aiming to ensure the highest possible security standards for their customers. As cybersecurity threats become more sophisticated, the demand for stronger encryption has driven the dominance of 256-bit SSL encryption in the market, making it the standard for most secure communications.

The 128-bit SSL encryption is the fastest-growing category in the SSL certificate market, driven by its balance between adequate security and improved performance. While not as robust as 256-bit encryption, 128-bit encryption still provides a significant level of security suitable for many applications, especially those where processing power and speed are critical. Small and medium-sized enterprises, as well as emerging markets with limited resources, find 128-bit encryption an attractive option due to its lower computational requirements, which can enhance the speed of transactions and website load times.

• 128-bit SSL Encryption
• 256-bit SSL Encryption

SSL Certificate Organization Size Segment Analysis

Organization Size Segment Analysis

According to Cognitive Market Research, Large enterprises dominate the SSL certificate market due to their extensive need for robust cybersecurity measures and compliance with stringent regulatory requirements. These organizations handle vast amounts of sensitive data, including customer information, financial records, and proprietary business data, necessitating the implementation of high-security SSL certificates. Moreover, large enterprises often have multiple domains and subdomains, requiring comprehensive SSL solutions such as multi-domain and wildcard certificates.

The Small and medium enterprises (SMEs) are the fastest-growing category in the SSL certificate market, driven by the increasing digitization and online presence of these businesses. As SMEs expand their digital footprint through e-commerce platforms, online services, and digital marketing, the need for secure communication channels and data protection becomes paramount. Additionally, the growing awareness of cybersecurity threats and the importance of customer trust are prompting SMEs to adopt SSL certificates.

• Small and Medium Enterprises (SMEs)
• Large Enterprises

SSL Certificate End User Segment Analysis

End User Segment Analysis

According to Cognitive Market Research, The Business-to-Consumer (B2C) sector dominates the SSL certificate market due to the high volume of online transactions and the critical need for secure customer data protection. E-commerce platforms, online banking, and other consumer-facing websites rely heavily on SSL certificates to ensure secure connections and build customer trust. With consumers increasingly demanding privacy and data security, B2C businesses prioritize SSL encryption to enhance their credibility and comply with stringent data protection regulations.

The Business-to-Business (B2B) sector is the fastest-growing category in the SSL certificate market, driven by the increasing digitization of business processes and the rise of online B2B platforms. As companies move towards digital transformation, secure communication between business partners, suppliers, and customers becomes crucial. B2B transactions often involve sensitive information such as contracts, financial data, and intellectual property, necessitating robust SSL encryption for secure data exchange. The expanding use of cloud services, remote work, and global supply chains further accelerates the adoption of SSL certificates in the B2B sector, making it the fastest-growing segment in the market.

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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