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Stock impact report

Certificate Authority Market To Reach USD 432.2 Million By 2032, Says DataHorizzon Research [Yahoo! Finance]

ASSA ABLOY UNSP/ADR (ASAZY) 
NASDAQ:AMEX Investor Relations: assaabloy.com/en/com/investors
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 21, 2024 (GLOBE NEWSWIRE) -- Rise in number of IoT applications to drive the industry growth. The certificate authority market is experiencing substantial growth due to the increasing adoption of cloud-based services and Internet of Things (IoT) devices. With businesses transitioning their operations to the cloud and implementing IoT solutions, the demand for secure communication and data protection has become crucial. According to the National Institute of Standards and Technology (NIST), the number of IoT devices is projected to reach 25.1 billion by 2025, up from 14.2 billion in 2021. This rapid expansion underscores the necessity of utilizing digital certificates from trusted certificate authorities to uphold the integrity and confidentiality of data exchanged between devices and servers. The certificate authority market offers substantial opportunities driven by emerging technologies and industry-specific applications. Blockchain technology ha Show less Read more
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