Certificate Authority Market Size and Share

Certificate Authority Market (2025 - 2030)
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Certificate Authority Market Analysis by Mordor Intelligence

The Certificate Authority Market size is estimated at USD 208.68 million in 2025, and is expected to reach USD 359.40 million by 2030, at a CAGR of 11.49% during the forecast period (2025-2030).

Adoption accelerated as organizations shifted from perimeter-based defenses to identity-centric models that rely on cryptographic validation for every digital interaction. Shorter certificate lifecycles, early moves toward post-quantum cryptography, and rapid zero-trust rollouts increased renewal volumes and elevated automation to a board-level priority. Browser vendors acting as de facto regulators, notably through Google Chrome’s stricter root-program enforcement, reshaped supplier selection around compliance history rather than price. At the same time, cloud-managed PKI services demonstrated that outsourced expertise can deliver speed and consistency impossible to match with manual processes. Asia-Pacific’s e-commerce boom, combined with government PKI mandates, placed the region on a markedly steeper growth curve than mature North American and European markets..

Key Report Takeaways

  • By component, Certificate Types held 68.5% of certificate authority market share in 2024, while Services are projected to expand at a 21.0% CAGR to 2030. 
  • By organization size, Large Enterprises accounted for 64.4% of the certificate authority market size in 2024; Small and Medium Enterprises are set to grow at an 18.5% CAGR through 2030. 
  • By end-user vertical, IT and Telecom led with 28.3% revenue share in 2024, whereas Healthcare and Life Sciences are forecast to advance at a 19.8% CAGR to 2030. 
  • By certificate validation level, Domain Validation dominated with 74.2% share in 2024; Extended Validation is moving at a 14.2% CAGR through 2030. 
  • By deployment model, On-premise PKI represented 57.4% of the certificate authority market size in 2024, yet Cloud/Managed PKI is on track for a 21.3% CAGR to 2030. 
  • By geography, North America retained 35.6% share in 2024, while Asia-Pacific is the fastest-growing region at 16.9% CAGR to 2030.

Segment Analysis

By Component: Services Drive Automation Revolution

Certificate Types retained 68.5% of 2024 revenue, anchored by SSL/TLS demand that browsers enforce for every public web endpoint[3]W3Techs, “Distribution of SSL Certificate Authorities among Apache Sites,” w3techs.com. However, Services generated the momentum, expanding at 21.0% CAGR as customers realized that operational excellence matters more than purchasing individual files. With Apple’s 47-day validity on the horizon, manual renewal processes became untenable, pushing enterprises toward managed PKI subscriptions that bundle discovery, policy enforcement, and machine-first issuance engines. 

Services providers showed they could shrink mean-time-to-renewal from days to minutes while supplying audit trails for regulators. Automation also enabled bulk revocation and immediate re-issuance during key-compromise events. As a result, analysts projected Services to surpass Certificate Types by value before 2030, marking a structural shift in the certificate authority market. This evolution underscores why the certificate authority industry now competes on platform robustness rather than on certificate unit price.

Certificate Authority Market: Market Share by Component
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By Organization Size: SME Automation Accelerates

Large Enterprises generated 64.4% of total spending in 2024, reflecting complex multi-cloud estates that require layered trust models. Their budgets continued to climb as zero-trust initiatives expanded, reinforcing the certificate authority market size in absolute terms. Yet the SME segment exhibited the steeper trajectory at an 18.5% CAGR. Cloud-native PKI offerings delivered enterprise-grade functionality via subscription, removing the need for hardware security modules or public-key specialists. 

SaaS invoicing and pre-integrated ACME connectors allowed start-ups to deploy trusted certificates within minutes of domain registration. In Indonesia, for example, QRIS digital payment frameworks used standardized PKI rails to bring micro-merchants online securely. These use cases validated the idea that affordable, automated PKI can unlock digital commerce in regions where cybersecurity expertise and budgets remain limited.

By End-User Vertical: Healthcare Compliance Drives Growth

IT and Telecom suppliers held 28.3% share in 2024 because hyperscalers, CDN providers, and telcos act as primary issuers or rely on massive fleets of certificates for multi-tenant services, making this segment one of the most influential in the Certificate Authority Market. Healthcare and Life Sciences rose fastest at 19.8% CAGR, propelled by electronic health-record interoperability mandates and the need to secure connected medical devices. Microsoft’s Entra ID integration showcased how certificate-based authentication could streamline clinician log-ins without weakening HIPAA controls. 

Pharmaceutical firms similarly adopted code-signing certificates to guarantee the integrity of data flowing between research labs and cloud analytics. With ransomware targeting hospitals, boards approved PKI upgrades as an essential patient-safety measure rather than an IT convenience. Consequently, vendors with vertical compliance modules—covering audit, incident reporting, and device validation—captured premium pricing.

By Certificate Validation Level: EV Gains Despite Automation Trends

Domain Validation commanded 74.2% share in 2024, benefiting from instant issuance compatible with ACME workflows and free offerings from Let’s Encrypt. Extended Validation certificates nevertheless grew 14.2% CAGR as banks, payment gateways, and high-value brands required visible browser indicators to deter phishing. EV providers invested in streamlined online KYC checks to shorten issuance from days to hours, aligning with the industry’s wider automation mandate. 

Some enterprises experimented with mixing tiers—deploying cost-free DV for microservices yet reserving EV for flagship portals—to balance trust signalling and budget control. Organization Validation remained stable, positioned as a mid-assurance tier where EV’s incremental brand value did not justify extra effort. Over time, however, the line between OV and EV may blur if regulators demand stronger identity proof across all public-facing sites.

Certificate Authority Market: Market Share by Certificate Validation Level
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By Deployment Model: Cloud Migration Accelerates

On-premises PKI installations still registered 57.4% of 2024 spending, upheld by data-sovereignty clauses and long-standing hardware amortization cycles in sectors such as defense and banking. The certificate authority market share edge, however, tilted steadily toward Cloud/Managed PKI, advancing at 21.3% CAGR. HashiCorp and DigiCert demonstrated that SaaS delivery could integrate with HSM-backed key stores and meet FIPS 140-2 controls, reassuring auditors while reducing capex. 

Hybrid topologies became common: roots held on premises, issuing CAs and validation services operated in cloud regions. This configuration balanced latency, compliance, and disaster-recovery objectives. As certificate lifetimes shrink, the elasticity of cloud OCSP responders and automated failover gained strategic weight, suggesting cloud models will eclipse physical deployments before the end of the decade.

Geography Analysis

North America retained 35.6% of global revenue in 2024 on the back of mature cybersecurity budgets, aggressive zero-trust roadmaps, and early migration to 3072-bit RSA keys. Federal directives such as the White House Executive Order 14028 prompted agencies to adopt continuous certificate monitoring, reinforcing the certificate authority market size for compliance tooling. The region’s growth now hinges on automating lifecycle tasks and pilot projects for post-quantum algorithms, evidenced by DigiCert’s Dilithium test-certificates released in April 2025. 

Asia-Pacific posted the swiftest CAGR at 16.9%, sparked by cashless-payment expansion, data-localization statutes, and government PKI rollouts in India, Vietnam, and Indonesia. The Reserve Bank of India’s guidelines for digital-payment trust anchors spurred local banks to modernize certificate workflows. Domestic cloud providers partnered with global CAs to embed turnkey issuance into e-commerce platforms, allowing millions of SMEs to comply without in-house expertise. China’s push for indigenous algorithms also encouraged regional vendors to expand compatibility matrices, broadening supplier variety. 

Europe maintained steady momentum under GDPR’s privacy regime, where data processors must document encryption and key-management practices. The eIDAS revision additionally drives demand for qualified website authentication certificates, creating a premium niche within the broader certificate authority market. Meanwhile, Middle East and Africa markets showed rising adoption tied to smart-city and open-banking projects, though uneven infrastructure sometimes slowed large-scale automated issuance. South America’s trajectory remained moderate but positive; governments there increasingly required TLS on public-sector portals, while fintech sandboxes in Brazil leveraged ACME-compatible issuers to launch new services rapidly.

Certificate Authority Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market fragmentation persisted, yet vendor influence clustered around root-store inclusion, automation depth, and compliance track record. Let’s Encrypt, backed by Internet Security Research Group, issued free DV certificates that represented 73.2% of TLS certificates on Apache-hosted sites in mid-2024. Its zero-cost model demolished price as a differentiator, forcing commercial providers to package value-add services rather than attempting unit-price competition. 

In May 2025, CyberArk finalized its USD 1.54 billion acquisition of Venafi, integrating machine-identity management into a broader privileged-access portfolio. The move signaled a strategic convergence where certificate lifecycle automation, secrets management, and access control merge into unified platforms. DigiCert broadened reach by enabling Let’s Encrypt connectivity inside Trust Lifecycle Manager, giving enterprises a single pane to orchestrate both free DV and paid high-assurance certificates. 

Innovation now concentrates on post-quantum readiness, hyper-scale issuance engines, and industry-specific compliance modules. Sectigo accelerated EV issuance by automating corporate-registry lookups, while GlobalSign built private-CA tooling for Kubernetes clusters to capture DevOps workloads. New entrants face formidable hurdles obtaining root inclusion, so most innovation arrives via partnerships or white-label arrangements under existing trusted roots.

Certificate Authority Industry Leaders

  1. DigiCert Inc.​

  2. Sectigo Limited

  3. GoDaddy Inc.

  4. Asseco Data Systems SA (Asseco Poland SA)

  5. GlobalSign

  6. *Disclaimer: Major Players sorted in no particular order
Certificate Authority Market
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Recent Industry Developments

  • July 2025: DigiCert integrated Let’s Encrypt connectivity within Trust Lifecycle Manager, enabling mixed certificate portfolios under centralized governance.
  • June 2025: The CA/Browser Forum finalized a 47-day maximum validity mandate for public TLS certificates, effective Mar 15 2029.
  • May 2025: CyberArk completed the USD 1.54 billion purchase of Venafi, forming an end-to-end human and machine identity platform.
  • April 2025: DigiCert launched post-quantum certificate issuance using NIST-selected Dilithium signatures.

Table of Contents for Certificate Authority Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing awareness of secure web access
    • 4.2.2 Stringent regulations and compliance mandates
    • 4.2.3 Surge in e-commerce and online transactions
    • 4.2.4 Expansion of cloud-based PKI services
    • 4.2.5 DevSecOps-led certificate automation
    • 4.2.6 Machine-identity demand in zero-trust networks
  • 4.3 Market Restraints
    • 4.3.1 Low security-certificate awareness in emerging SMBs
    • 4.3.2 Prevalence of self-signed certificates
    • 4.3.3 Certificate lifecycle complexity at hyperscale
    • 4.3.4 Regulatory uncertainty on post-quantum standards
  • 4.4 Evaluation of Critical Regulatory Framework
  • 4.5 Value Chain Analysis
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry
  • 4.8 Impact Assessment of Key Stakeholders
  • 4.9 Key Use Cases and Case Studies
  • 4.10 Impact on Macroeconomic Factors of the Market
  • 4.11 Investment Analysis

5. MARKET SEGMENTATION

  • 5.1 By Component
    • 5.1.1 Certificate Types
    • 5.1.1.1 SSL/TLS Certificates
    • 5.1.1.2 Code-Signing Certificates
    • 5.1.1.3 Secure Email Certificates
    • 5.1.1.4 Authentication/Client Certificates
    • 5.1.2 Services
  • 5.2 By Organization Size
    • 5.2.1 Large Enterprises
    • 5.2.2 Small and Medium Enterprises (SMEs)
  • 5.3 By End-user Vertical
    • 5.3.1 BFSI
    • 5.3.2 IT and Telecom
    • 5.3.3 Retail and E-commerce
    • 5.3.4 Healthcare and Life Sciences
    • 5.3.5 Government and Public Sector
  • 5.4 By Certificate Validation Level
    • 5.4.1 Domain Validation (DV)
    • 5.4.2 Organization Validation (OV)
    • 5.4.3 Extended Validation (EV)
  • 5.5 By Deployment Model
    • 5.5.1 On-premise PKI
    • 5.5.2 Cloud/Managed PKI
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Russia
    • 5.6.3.6 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 South Korea
    • 5.6.4.4 India
    • 5.6.4.5 ASEAN
    • 5.6.4.6 Rest of Asia-Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Middle East
    • 5.6.5.1.1 Saudi Arabia
    • 5.6.5.1.2 United Arab Emirates
    • 5.6.5.1.3 Turkey
    • 5.6.5.1.4 Rest of Middle East
    • 5.6.5.2 Africa
    • 5.6.5.2.1 South Africa
    • 5.6.5.2.2 Nigeria
    • 5.6.5.2.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 DigiCert Inc.
    • 6.4.2 Sectigo Ltd.
    • 6.4.3 GoDaddy Group (Starfield Tech.)
    • 6.4.4 GlobalSign (KGZ)
    • 6.4.5 Entrust Corp.
    • 6.4.6 IdenTrust Services LLC
    • 6.4.7 Let’s Encrypt / ISRG
    • 6.4.8 Actalis S.p.A
    • 6.4.9 SSL.com LLC
    • 6.4.10 Trustwave SecureTrust
    • 6.4.11 Network Solutions LLC
    • 6.4.12 WISeKey Intl. Holdings Ltd.
    • 6.4.13 SwissSign AG
    • 6.4.14 OneSpan Inc.
    • 6.4.15 Camerfirma SA
    • 6.4.16 Buypass AS
    • 6.4.17 QuoVadis Trustlink (Bermuda) Ltd.
    • 6.4.18 Certum (Asseco Data Systems SA)
    • 6.4.19 Amazon Trust Services
    • 6.4.20 Google Trust Services LLC
    • 6.4.21 Microsoft Azure TLS
    • 6.4.22 Oracle Cloud CA
    • 6.4.23 Cloudflare Inc.
    • 6.4.24 DigiSigner LLC
    • 6.4.25 HARICA (Hellenic Academic CA)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global Certificate Authority Market Report Scope

The global certificate authority market is defined based on the revenues generated from the certificate types and services offered by various companies that are being used in various end-user verticals across the world. The analysis is based on the market insights captured through secondary research and the primaries.

The certificate authority market is segmented by component (certificate types (SSL certificates, code signing certificates, secure email certificates, and authentication certificates) and services), organization size (large enterprises, small and medium-sized enterprises), end-user vertical (BFSI, retail, healthcare, IT and telecom, other end-user verticals), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Component
Certificate Types SSL/TLS Certificates
Code-Signing Certificates
Secure Email Certificates
Authentication/Client Certificates
Services
By Organization Size
Large Enterprises
Small and Medium Enterprises (SMEs)
By End-user Vertical
BFSI
IT and Telecom
Retail and E-commerce
Healthcare and Life Sciences
Government and Public Sector
By Certificate Validation Level
Domain Validation (DV)
Organization Validation (OV)
Extended Validation (EV)
By Deployment Model
On-premise PKI
Cloud/Managed PKI
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
ASEAN
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
By Component Certificate Types SSL/TLS Certificates
Code-Signing Certificates
Secure Email Certificates
Authentication/Client Certificates
Services
By Organization Size Large Enterprises
Small and Medium Enterprises (SMEs)
By End-user Vertical BFSI
IT and Telecom
Retail and E-commerce
Healthcare and Life Sciences
Government and Public Sector
By Certificate Validation Level Domain Validation (DV)
Organization Validation (OV)
Extended Validation (EV)
By Deployment Model On-premise PKI
Cloud/Managed PKI
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
ASEAN
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
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Key Questions Answered in the Report

Why is the certificate authority market shifting toward 47-day certificate validity?

Browser vendors and the CA/Browser Forum reduced TLS lifetimes to curb key-compromise risk and force regular revalidation, pushing organizations to adopt full automation for renewals.

How fast is the certificate authority market expected to grow by 2030?

The market is projected to expand from USD 208.68 million in 2025 to USD 359.40 million by 2030, registering an 11.49% CAGR.

Which region is the fastest growing for certificate authority services?

Asia-Pacific leads with a 16.9% CAGR thanks to government digital-identity programs and surging e-commerce adoption.

What drives demand for managed PKI services over traditional certificate purchasing?

Shorter certificate lifecycles, zero-trust adoption, and DevSecOps pipelines require continuous issuance and renewal that manual processes cannot handle cost-effectively.

How are enterprises preparing for post-quantum cryptography?

Organizations test dual-stack certificates and pilot Dilithium-based signatures, although final NIST specifications and device-compatibility plans remain in flux.

Are Extended Validation certificates still relevant in an automated world?

Yes, sectors such as banking and high-value e-commerce continue to buy EV certificates for visible trust indicators, maintaining a 14.2% CAGR despite automation trends.

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