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World Certificates Markets—A Focus on Public Key Infrastructure (PKI)

  • April 2014
  • -
  • Frost & Sullivan
  • -
  • 52 pages

Summary

Table of Contents

This research service covers the global market for Digital certificates. Detailed market trend analysis including drivers, and restraints are provided for each geographic region, i.e. North America, Latin America, EMEA and Asia Pacific. Unit shipment and revenue forecasts analysis are presented for each of these geographic segments for total SSL certificate market and PKI market which facilitate better understanding of the current and future potential of the market. From a vertical perspective, a split by revenue is also provided for the PKI market as well as a split per usage.


Key Findings

The global secure sockets layer (SSL) certificates market continues to expand at a compound annual growth rate (CAGR) of x % from 2012 to 2017.

From a regional perspective, SSL revenue is not globally expanded. North America holds x % of the
global revenue while the European market comes second with x %. These two regions generated x %
of the total SSL certificates market revenue in 2013.

The average sale price of an SSL certificate has continued to grow slowly, reaching € in 2013.

From a vertical perspective, the retail sector accounts for x % of the total generated revenue, followed by the financial sector with x %, and technology and telecom with x % in 2013.

Regarding PKI, Frost & Sullivan predicted a CAGR of x % from 2012 to 2017.

In 2013, PKI global revenue reached € million, with a growth rate of x %.

PKI revenue is predominant in the government vertical with identity document projects. The government vertical represents x % of the total revenue, followed by the financial vertical with x %.

In terms of revenue generated by usage at a global level, identity authentication represents x % of the total while encrypting data accounts for x %.

Digital signing with x % and time stamping with x % are small revenue contributors.

EMEA (Europe, Middle East, and Africa), with x % of the total revenue generated by PKI, is the leading region, followed by North America with x % and APAC with x %.

In Europe, many countries have already moved to electronic ID cards. Of the 23 countries that migrated, x moved to public key infrastructure (PKI) to generate digital signatures.

Of these countries, x used PKI handled by smart cards, x used mobile SIM cards, and x used PKI
tokens.

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