Fillip from e-commerce to SSL market

LONDON: TechNavio, a research firm has announced the publication of its market research report on the Global SSL Certification Market 2014-2018.

The Global SSL Certification Market is witnessing impressive growth, with a CAGR of 20.93 per cent during the forecast period, it pointed.

Adoption of e-commerce and the related surge in online transactions is increasing the demand for SSL certification from large organizations, thus bolstering the market growth rate, as added here.

The new report from TechNavio also highlights the growing popularity of IOT (Internet of Things)—a network where physical objects are connected to each other, and can establish communication among themselves and with the end-users.

“Connecting various devices with each other and with end-users' communication devices demands a high level of security. To enhance security levels, vendors like Entrust and Comodo Group are implementing SSL certificates in connected devices, which is expected to boost market growth through 2018,” says Faisal Ghaus, Vice President of TechNavio.

Secure sockets layer (SSL) is a protocol for secure transmission of documents between a web browser and a web server. SSL certificates digitally incorporate a cryptographic key into an organization's details and are provided by the SSL certification authority.