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1 Frost & Sullivan Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST MarketResearch.com

2 Global Certificates Markets A Focus on Public Key Infrastructure (PKI) A Necessity to Maintain a Strong Security M9E3-33 April 2014

3 Contents Section Slide Numbers Executive Summary 4 Digital Certificates Market: A Global Overview 9 SSL Certificates Market Overview 16 A Special Focus on PKI 23 Conclusions 38 Appendix 43 The Frost & Sullivan Story 45 M9E3-33 3

4 Key Findings The global secure sockets layer (SSL) certificates market continues to expand at a compound annual growth rate (CAGR) of % from 2012 to From a regional perspective, SSL revenue is not globally expanded. North America holds % of the global revenue while the European market comes second with %. These two regions generated % of the total SSL certificates market revenue in The average sale price of an SSL certificate has continued to grow slowly, reaching in From a vertical perspective, the retail sector accounts for % of the total generated revenue, followed by the financial sector with %, and technology and telecom with % in Regarding PKI, Frost & Sullivan predicted a CAGR of % from 2012 to In 2013, PKI global revenue reached million, with a growth rate of %. PKI revenue is predominant in the government vertical with identity document projects. The government vertical represents % of the total revenue, followed by the financial vertical with %. In terms of revenue generated by usage at a global level, identity authentication represents % of the total while encrypting data accounts for %. Digital signing with % and time stamping with % are small revenue contributors. EMEA (Europe, Middle East, and Africa), with % of the total revenue generated by PKI, is the leading region, followed by North America with % and APAC with %. In Europe, many countries have already moved to electronic ID cards. Of the 23 countries that migrated, moved to public key infrastructure (PKI) to generate digital signatures. Of these countries, used PKI handled by smart cards, used mobile SIM cards, and used PKI tokens. M9E3-33 5

5 Research Objectives, Scope, and Methodology Objectives Provide a market and technology analysis of the latest trends across the global certificates market. Provide strategic recommendations to key global stakeholders of the certificates market. Ecosystem Scope Data Protection Companies Authentication Other Service Network Security Global Certificates Market Software Vendors Research Methodology Digital Certificates Smart Cards Vendors Primary Research Interviews with key stakeholders of the global certificates market. Note: This study primarily focuses on SSL and PKI digital certificates and digital certificate providers. M9E3-33 6

6 Research Objectives, Scope, and Methodology (continued) Geographic Scope Global analysis Secondary Research Frost & Sullivan research services, online databases, market participants reports, and industry study groups. M9E3-33 7

7 Key Definitions Digital Certificates An SSL certificate is an encryption technology installed on Web servers that allows transmission of sensitive data through an encrypted connection. SSL certificates ensure any transmission of data will not be compromised or captured by hackers and criminals. The SSL certificate market consists of vendors and certificate authorities (CAs) who issue SSL certificates to secure an organisation s or individual s Web site and Web server. Many of these vendors are part of the CA/Browser Forum. The forum consists of certificate authorities and browser industry leaders. This forum creates the baseline for the issuance of digital certificates. WebTrust recognises certificate authorities who address security, availability, processing integrity, confidentiality, and privacy issues. CAs who meet these principles receive a WebTrust seal on their SSL Web page, identifying them as trusted vendors. PKI is an infrastructure that has the basic applications to manage the issuing, reissuing, and revoking of digital certificates. M9E3-33 8

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