The Global SSL certificate market size was valued at US$ 187 Mn in 2023 and is expected to reach US$ 413.5 Mn by 2030, grow at a compound annual growth rate (CAGR) of 12% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 187 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
12.00% |
2030 Value Projection: |
US$ 413.5 Mn |
Figure 1. Global SSL Certificate Market Share (%), by Region, 2022

An SSL (Secure Sockets Layer) certificate stands as a fundamental component of modern online security, serving as a digital passport that ensures the encrypted communication between a user's browser and a website's server. With the increasing prevalence of cyber threats and the growing need for data privacy, SSL certificates play a pivotal role in establishing trust and safeguarding sensitive information transmitted over the internet. This introduction encapsulates the pivotal role SSL certificates play in the digital landscape by providing an essential layer of encryption and authenticity.
Market Dynamics:
Data security concerns, regulatory compliance, and search engine rankings are anticipated to drive growth of the global SSL certificate market over the forecast period. Moreover, user trust and confidence are also expected to boost the growth of the global SSL certificate market over the forecast period. Rising e-commerce and online banking, small and medium enterprises (SMEs), healthcare and telemedicine, government, and public services are expected to create growth opportunities for the global SSL certificate market during the forecast period.
However, complex implementation processes, certificate management burdens, and cost considerations are expected to hamper growth of the SSL certificate market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the SSL certificate market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the SSL certificate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The SSL certificate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the SSL certificate market
SSL Certificate Market Detailed Segmentation:
- By Certificate Type:
- Domain Validated (DV) Certificates
- Organization Validated (OV) Certificates
- Extended Validation (EV) Certificates
- By Validation Level:
- Single Domain SSL Certificates
- Multi-Domain SSL Certificates (SAN Certificates)
- Wildcard SSL Certificates
- By Subscription Duration:
- 1-Year
- 2-Year
- More than 2 year
- By Validation Process:
- Manual Validation
- Automated Validation
- DNS Validation
- Email Validation
- By Encryption Strength:
- 128-bit SSL Encryption
- 256-bit SSL Encryption
- By Organization Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- By End User:
- Business-to-Business (B2B)
- Business-to-Consumer (B2C)
- By Industry Vertical:
- Financial Services
- Healthcare
- Government
- E-commerce
- Education
- Media and Entertainment
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profile:
- DigiCert, Inc.
- GlobalSign
- Sectigo Limited
- GoDaddy Inc.
- Entrust Datacard
- Thawte
- GeoTrust
- Symantec (now part of DigiCert)
- RapidSSL
- Network Solutions
- Let's Encrypt
- IdenTrust
- Trustwave Holdings
- Buypass AS