TechNavio today launched its report, Global Secure Sockets Layer Certificate Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Security team said: ”Nowadays, vendors in the Global Secure Sockets Layer (SSL) Certificate market have started offering additional security features such as malware scanning, accessibility evaluation, and security-auditing modules in their SSL certificates as a result of the increasing competition in the market. Since there is a high demand for consolidated solutions, vendors that provide add-on security modules are experiencing strong growth. Thus, as the demand for add-on security features is increasing, vendors in the Global SSL Certificate market have started providing features such as malware scanning and security auditing in their SSL certificates.”
According to the report, one of the major drivers in the Global SSL Certificate market is the increase in online transactions. An increasing number of people are adopting online transactions because of benefits such as easy fund management and easy, low-cost fund transfers. However, regulatory bodies are tightening the regulations regarding online transactions to prevent identity and data theft incidents. Thus, companies in the Banking and PCI sectors are increasingly adopting stronger SSL certificates to ensure secure online transactions and also to gain customer confidence in trading on their websites.
Further, the report reveals that the price erosion is one of the major challenges faced by the market.
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. For further information on this report, please visit https://www.technavio.com/content/global-secure-sockets-layer-certificate…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Security market research, please visit https://www.technavio.com/security
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