The certificate authority market revenues were estimated at US$ 130 Million in 2021 and are anticipated to grow at a CAGR of 11.9% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 450 Million.
Secure Sockets Layer encryption should be used on medical websites and apps as it boosts the accessibility, affordability, transparency, and cybercrime exposure of healthcare services. Following the installation of Secure Sockets Layer Certificates, all data used in the app or website is encrypted, and only the intended recipient can decrypt it.
A medical website’s owner must verify that it is Hypertext Transfer Protocol secure. Choosing the correct Secure Sockets Layer certificate should also be a top priority for a medical website’s Secure Sockets Layer website security. An EV Secure Sockets Layer certificate is recommended as it provides the highest degree of validation and encryption required for medical websites.
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Since hospitals and clinics keep huge amounts of private and sensitive data, healthcare websites must use digital certificates. The healthcare industry has increased its digitalization ambitions, which will aid in the future market expansion possibilities of certifying authority.
The healthcare industry is rapidly leveraging cutting-edge technology to provide patients with a personalized, user-friendly experience. The healthcare sector vertical’s expansion strategy of partnerships, mergers, and acquisitions has made it more difficult to protect user passwords and other sensitive information.
With the use of digital certificates, medical workers can protect patient health information on mobile devices such as laptops and smartphones. Furthermore, the rise in cyberattacks on personally identifiable information is raising worry among healthcare organizations.
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