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. 

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.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Type

o By Application

• Regions covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- Verisign Inc., Imperva, Inc., F5 Networks, Inc., Arbor Networks, Nexus guard Limited, among others. 
  

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Transport Layer Security Market -segmentation

By Type

• Bandwidth Consumption
• Resource Consumption

By Application

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

Global Transport Layer Security Market -segmentation by region