TRANSPORT LAYER SECURITY MARKET ANALYSIS

Regional Analysis

Regional Analysis of Transport Layer Security Market

On the basis of the region, transport layer security market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Among regions, North America is expected to account for the largest market share over the forecast period, owing to the presence of key players in the region such as Verisign Inc., Imperva, Inc., and F5 Networks, Inc.

Moreover, Asia Pacific region is expected to be the fastest growing region in the transport layer security market over the forecast period. India is expected to be the largest revenue contributor in transport layer security market over the forecast period. In India, online transaction is gaining popularity, owing to digital India initiative. All the vendors who process the debit card and credit card transactions need to use transport layer security and have to be PCI compliant to process the transactions. This is expected to drive demand for transport layer security in the Asia Pacific region over the forecast period.