Transport Layer Security (TLS) Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

The global Transport Layer Security (TLS) market is estimated to grow at a significant CAGR during the forecast period. The major factors propelling the growth of the global TLS market include the rising application of online transactions and the popularity of e-commerce websites. The e-commerce platforms such as Amazon, Flipkart, and Myntra offers web-based online transactions to the bank accounts and transaction through debit cards and credit cards use TLS to secure and encrypt the transactions, which provides the security towards the transaction between client and web server.

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TLS are cryptographic protocols that provide data security and privacy for communication through the internet. Application protocols such as hypertext transfer protocols (HTTP), file transfer protocol (FTP), simple mail transfer protocol (SMTP), and network news transfer protocol (NNTP) are being protected and secured by the TLS. The TLS is used to protect cyber-attacks and crimes by encrypting, authenticating, and integrating the data on web applications and websites. Engineering Task Force (IETF), an international standards organization proposed the TLS and the first version of the protocol for TLS was published in 1999. TLS 1.3, the latest version of TLS was published in 2018.

The key players contributing to the growth of the global TLS market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships, and agreements, include Verisign Inc., Imperva, Inc., F5 Networks, Inc., and Arbor Networks, Nexus guard Limited, Neustar, Inc., NSFOCUS, Akamai Technologies, Inc., Radware Ltd., Cloudflare, Inc., Corero Network Security Inc., and DOSarrest. For instance, in May 2021, Imperva Inc. announced to acquire the CloudVector, an advanced API security firm. CloudVector enables customers to discover, monitor, and protect all API traffic.

Global Transport Layer Security Market -segmentation

By Type

• Bandwidth Consumption
• Resource Consumption

By Application

• Mobile
• Data Center
• Government and Carrier Transport
• Others

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Transport Layer Security (TLS) Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Verisign Inc.
• Imperva, Inc.
• F5 Networks, Inc.
• Arbor Networks
• Nexus guard Limited

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