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The global certificate authority market size is projected to grow from USD 167 million in 2023 to USD 282 million by 2028 at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. Stringent regulatory standards and data privacy compliances are propelling the expansion of the certificate authority market.

Government regulations and the imperative for compliance have also played a significant role in driving the adoption of certificate authority solutions and services as businesses strive to meet security requirements and protect sensitive data. Additionally, the proliferation of cloud-based and virtualization technologies increases the demand for certificate authority. Together, these factors form a powerful force behind the growth and advancement of the certificate authority market.

Major Certificate Authority Companies Include

• Sectigo (US)
• GlobalSign (Belgium)
• IdenTrust (US)
• Entrust (US)
• Certum (Poland)
• Actalis (Italy)
• Lets Encrypt (US)

To know about the assumptions considered for the study download the pdf brochure

What is certificate authority?

A certificate authority is a trusted entity that issues digital certificates that are verifiable small data files that contain identity credentials to help websites, people, and devices represent their authentic online identity. Certificate authorities are a critical part of the Internet's Public Key Infrastructure (PKI), and they play a major role in Internet operations by issuing Secure Sockets Layer (SSL) certificates. Web browsers use these certificates to authenticate content sent from web servers.

Competitive overview:

The certificate authority market is led by some of the globally established players, such as Sectigo (US), DigiCert (US), GlobalSign (Belgium), GoDaddy (US), IdenTrust (US), Certum (Poland). Partnerships, agreements, collaborations, acquisitions, and product developments are some of the various growth strategies by these players to increase their market presence.

Sectigo (US)

Sectigo is a cybersecurity provider of digital identity solutions, including TLS/SSL certificates, DevOps, IoT, enterprise-grade PKI management, and multi-layered web security solutions. Many of the largest companies in the world rely on Sectigo as a leading supplier of automated Certificate Lifecycle Management (CLM) and digital certificates. To protect every computer and human identity throughout the company, its cloud-based universal CLM platform issues and maintains the lifecycles of digital certificates issued by Sectigo and other Certificate Authorities (CAs).

700,000 businesses around the world use Sectigo digital solutions. Sectigo provides automated public and private PKI solutions to secure web servers, user access, connected devices, and applications for enterprises of all sizes. Sectigo has issued more than 100,000 digital certificates. More than 36% of Fortune 1000 companies rely on Sectigo solutions. The company has a global reach in nearly 200 countries.

GlobalSign (Belgium)

GlobalSign is an identity services company offering cloud-based PKI solutions for enterprises to conduct secured content delivery. Small businesses, large enterprises, cloud-based service providers, and IoT innovators worldwide use GlobalSign’s identity and security solutions to conduct secure communications, manage millions of verified digital identities and automate authentication and encryption. Its managed SSL/TSL services offer tools, services and SSL products to secure internal and public servers, respond to threats, and control SSL costs. It includes SSL/TLS, digital signatures, secure email, code signing, and authentications. The company also offers Atlas, a high-availability, high-throughput Certificate Authority (CA), enabling automation and streamlining digital certificate usage by enterprises and organizations.

IdenTrust (US)

IdenTrust offers the most trusted & secure digital certificates used for digital signing, secure access & email encryption across a variety of industries. IdenTrust, part of HID Global, is a leading digital certificate provider that establishes the basis for trusted identity solutions. As a certificate authority, IdenTrust provides validation for digital certificates, including TLS/SSL certificates, email security via S/MIME certificates, digital signature certificates, code signing certificates, and x.509 certificates for protecting network and IoT devices. The company specializes in interoperable identity services, managed identity services, managed PKI services, and business SSL certificates. An encrypted connection is created using IdenTrust TLS/SSL certificates between a user's machine or browser and a server or website.  Online transactions may be carried out with total trust thanks to this connection's protection of sensitive data from interception by unauthorized parties while it is in transit. Moreover, IdenTrust also issues An IdenTrust Secure Email (S/MIME) certificate used to confirm email addresses and sign and encrypt email communications.

Entrust (US)

Entrust is a US-based company that provides identity and data security solutions. Founded in 1994 and headquartered in Shakopee, Minnesota, Entrust offers a range of products and services, including digital certificates, multi-factor authentication, encryption, and secure communications. Entrust focuses on ensuring the security of digital identities and transactions for businesses, governments, and financial institutions globally. The company has a strong reputation in the cybersecurity industry for its comprehensive security solutions.

Certum (Poland)

Certum, based in Poland, is a leading certification authority (CA) that offers a variety of digital security services. Established in 1998, Certum provides digital certificates, electronic signatures, SSL/TLS certificates, and timestamping services. It is part of the Asseco Group, one of the largest IT companies in Europe. Certum's products are used to ensure secure communications and transactions for businesses and individuals, helping to authenticate identities and protect data integrity across various online platforms.

Actalis (Italy)

Actalis is an Italian company that specializes in digital security services. Headquartered in Arezzo, Italy, Actalis offers digital certificates, electronic signatures, SSL/TLS certificates, and PKI (Public Key Infrastructure) solutions. As part of the Aruba Group, Actalis serves a wide range of clients, including businesses, government agencies, and individuals, providing essential tools for secure digital communications and transactions. The company is known for its expertise in digital identity management and data protection.

Let's Encrypt (US)

Let's Encrypt is a US-based non-profit certificate authority that provides free SSL/TLS certificates to enable secure HTTPS connections for websites. Launched in 2015 and operated by the Internet Security Research Group (ISRG), Let's Encrypt aims to make encrypted connections the standard across the internet. By offering automated, open, and free certificate issuance, Let's Encrypt has significantly contributed to the widespread adoption of HTTPS, enhancing security and privacy for users and website operators alike. The organization is known for its commitment to improving internet security accessibility

According to MnM’s approach to evaluating the market, most businesses use organic and inorganic growth tactics to hold onto their market share. In 2020–2022, transactions rose by 50–60%. Alliances, acquisitions, collaborations, and partnerships together are covered in these agreements. Organizations are anticipated to embrace organic growth strategies starting in 2022 to provide end consumers with certificate authority solutions, which would assist businesses in boosting market revenue.

Related Reports:

Certificate Authority Market by Offering (Certificate Types, Services), SSL Certificate Validation Type ( Domain Validation, Organization Validation, Extended Validation), Organization Size, Vertical, and Region - Global Forecast to 2028

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