According to Cognitive Market Research, the global SSL Certificate market size is USD 189.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 75.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 56.88 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 43.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 9.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.6% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 3.79 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
The Financial Services industry dominates the SSL certificate market due to its critical need for high-security measures to protect sensitive financial data.
