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Hardware Encryption Devices-Global Market Insights and Sales Trends 2024
Synopsis
Hardware-based encryption devices offer the security of strong encryption with the ease of minimal configuration and platform interoperability. Hardware encryption can offer several benefits beyond those provided by software encryption. These include faster algorithm processing, tamper-proof or tamper-resistant key storage, and protection against unauthorized code.
The global Hardware Encryption Devices market size is expected to reach US$ 191820 million by 2029, growing at a CAGR of 25.9% from 2023 to 2029. The market is mainly driven by the significant applications of Hardware Encryption Devices in various end use industries. The expanding demands from the IT & Telecom, BFSI, Government & Public Utilities and Manufacturing Enterprise, are propelling Hardware Encryption Devices market. Encrypted Hard Disk Drives, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Encrypted Solid-State Drives segment is estimated at % CAGR for the next seven-year period.
United States Hardware Encryption Devices key players include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, etc. Top four companies hold a share over 50%. In terms of product, Encrypted Hard Disk Drives is the largest segment, with a share over 55%. And in terms of application, the largest channel is IT & Telecom.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hardware Encryption Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hardware Encryption Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hardware Encryption Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hardware Encryption Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hardware Encryption Devices covered in this report include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Micron Technology Inc, Intel, Kingston Technology Corp, Toshiba, Gemalto (Thales) and Certes Networks Inc., etc.
The global Hardware Encryption Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
Global Hardware Encryption Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hardware Encryption Devices market, Segment by Type:
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Global Hardware Encryption Devices market, by Application
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hardware Encryption Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hardware Encryption Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Hardware-based encryption devices offer the security of strong encryption with the ease of minimal configuration and platform interoperability. Hardware encryption can offer several benefits beyond those provided by software encryption. These include faster algorithm processing, tamper-proof or tamper-resistant key storage, and protection against unauthorized code.
The global Hardware Encryption Devices market size is expected to reach US$ 191820 million by 2029, growing at a CAGR of 25.9% from 2023 to 2029. The market is mainly driven by the significant applications of Hardware Encryption Devices in various end use industries. The expanding demands from the IT & Telecom, BFSI, Government & Public Utilities and Manufacturing Enterprise, are propelling Hardware Encryption Devices market. Encrypted Hard Disk Drives, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Encrypted Solid-State Drives segment is estimated at % CAGR for the next seven-year period.
United States Hardware Encryption Devices key players include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, etc. Top four companies hold a share over 50%. In terms of product, Encrypted Hard Disk Drives is the largest segment, with a share over 55%. And in terms of application, the largest channel is IT & Telecom.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hardware Encryption Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hardware Encryption Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hardware Encryption Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hardware Encryption Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hardware Encryption Devices covered in this report include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Micron Technology Inc, Intel, Kingston Technology Corp, Toshiba, Gemalto (Thales) and Certes Networks Inc., etc.
The global Hardware Encryption Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
Global Hardware Encryption Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hardware Encryption Devices market, Segment by Type:
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Global Hardware Encryption Devices market, by Application
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hardware Encryption Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hardware Encryption Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hardware Encryption Devices Market Overview
1.1 Hardware Encryption Devices Product Overview
1.2 Hardware Encryption Devices Market Segment by Type
1.2.1 Encrypted Hard Disk Drives
1.2.2 Encrypted Solid-State Drives
1.2.3 Hardware Security Module
1.3 Global Hardware Encryption Devices Market Size by Type
1.3.1 Global Hardware Encryption Devices Market Size Overview by Type (2018-2029)
1.3.2 Global Hardware Encryption Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hardware Encryption Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hardware Encryption Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hardware Encryption Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hardware Encryption Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hardware Encryption Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hardware Encryption Devices Sales Breakdown by Type (2018-2023)
2 Global Hardware Encryption Devices Market Competition by Company
2.1 Global Top Players by Hardware Encryption Devices Sales (2018-2023)
2.2 Global Top Players by Hardware Encryption Devices Revenue (2018-2023)
2.3 Global Top Players by Hardware Encryption Devices Price (2018-2023)
2.4 Global Top Manufacturers Hardware Encryption Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hardware Encryption Devices Market Competitive Situation and Trends
2.5.1 Hardware Encryption Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hardware Encryption Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hardware Encryption Devices as of 2022)
2.7 Date of Key Manufacturers Enter into Hardware Encryption Devices Market
2.8 Key Manufacturers Hardware Encryption Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hardware Encryption Devices Status and Outlook by Region
3.1 Global Hardware Encryption Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hardware Encryption Devices Historic Market Size by Region
3.2.1 Global Hardware Encryption Devices Sales in Volume by Region (2018-2023)
3.2.2 Global Hardware Encryption Devices Sales in Value by Region (2018-2023)
3.2.3 Global Hardware Encryption Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hardware Encryption Devices Forecasted Market Size by Region
3.3.1 Global Hardware Encryption Devices Sales in Volume by Region (2024-2029)
3.3.2 Global Hardware Encryption Devices Sales in Value by Region (2024-2029)
3.3.3 Global Hardware Encryption Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hardware Encryption Devices by Application
4.1 Hardware Encryption Devices Market Segment by Application
4.1.1 IT & Telecom
4.1.2 BFSI
4.1.3 Government & Public Utilities
4.1.4 Manufacturing Enterprise
4.1.5 Others
4.2 Global Hardware Encryption Devices Market Size by Application
4.2.1 Global Hardware Encryption Devices Market Size Overview by Application (2018-2029)
4.2.2 Global Hardware Encryption Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hardware Encryption Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hardware Encryption Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hardware Encryption Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hardware Encryption Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hardware Encryption Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hardware Encryption Devices Sales Breakdown by Application (2018-2023)
5 North America Hardware Encryption Devices by Country
5.1 North America Hardware Encryption Devices Historic Market Size by Country
5.1.1 North America Hardware Encryption Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hardware Encryption Devices Sales in Volume by Country (2018-2023)
5.1.3 North America Hardware Encryption Devices Sales in Value by Country (2018-2023)
5.2 North America Hardware Encryption Devices Forecasted Market Size by Country
5.2.1 North America Hardware Encryption Devices Sales in Volume by Country (2024-2029)
5.2.2 North America Hardware Encryption Devices Sales in Value by Country (2024-2029)
6 Europe Hardware Encryption Devices by Country
6.1 Europe Hardware Encryption Devices Historic Market Size by Country
6.1.1 Europe Hardware Encryption Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hardware Encryption Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe Hardware Encryption Devices Sales in Value by Country (2018-2023)
6.2 Europe Hardware Encryption Devices Forecasted Market Size by Country
6.2.1 Europe Hardware Encryption Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe Hardware Encryption Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific Hardware Encryption Devices by Region
7.1 Asia-Pacific Hardware Encryption Devices Historic Market Size by Region
7.1.1 Asia-Pacific Hardware Encryption Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hardware Encryption Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hardware Encryption Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hardware Encryption Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific Hardware Encryption Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hardware Encryption Devices Sales in Value by Region (2024-2029)
8 Latin America Hardware Encryption Devices by Country
8.1 Latin America Hardware Encryption Devices Historic Market Size by Country
8.1.1 Latin America Hardware Encryption Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hardware Encryption Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hardware Encryption Devices Sales in Value by Country (2018-2023)
8.2 Latin America Hardware Encryption Devices Forecasted Market Size by Country
8.2.1 Latin America Hardware Encryption Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hardware Encryption Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa Hardware Encryption Devices by Country
9.1 Middle East and Africa Hardware Encryption Devices Historic Market Size by Country
9.1.1 Middle East and Africa Hardware Encryption Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hardware Encryption Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hardware Encryption Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hardware Encryption Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa Hardware Encryption Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hardware Encryption Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Western Digital Corp
10.1.1 Western Digital Corp Company Information
10.1.2 Western Digital Corp Introduction and Business Overview
10.1.3 Western Digital Corp Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Western Digital Corp Hardware Encryption Devices Products Offered
10.1.5 Western Digital Corp Recent Development
10.2 Seagate Technology PLC
10.2.1 Seagate Technology PLC Company Information
10.2.2 Seagate Technology PLC Introduction and Business Overview
10.2.3 Seagate Technology PLC Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Seagate Technology PLC Hardware Encryption Devices Products Offered
10.2.5 Seagate Technology PLC Recent Development
10.3 Samsung Electronics
10.3.1 Samsung Electronics Company Information
10.3.2 Samsung Electronics Introduction and Business Overview
10.3.3 Samsung Electronics Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Samsung Electronics Hardware Encryption Devices Products Offered
10.3.5 Samsung Electronics Recent Development
10.4 Micron Technology Inc
10.4.1 Micron Technology Inc Company Information
10.4.2 Micron Technology Inc Introduction and Business Overview
10.4.3 Micron Technology Inc Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Micron Technology Inc Hardware Encryption Devices Products Offered
10.4.5 Micron Technology Inc Recent Development
10.5 Intel
10.5.1 Intel Company Information
10.5.2 Intel Introduction and Business Overview
10.5.3 Intel Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Intel Hardware Encryption Devices Products Offered
10.5.5 Intel Recent Development
10.6 Kingston Technology Corp
10.6.1 Kingston Technology Corp Company Information
10.6.2 Kingston Technology Corp Introduction and Business Overview
10.6.3 Kingston Technology Corp Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kingston Technology Corp Hardware Encryption Devices Products Offered
10.6.5 Kingston Technology Corp Recent Development
10.7 Toshiba
10.7.1 Toshiba Company Information
10.7.2 Toshiba Introduction and Business Overview
10.7.3 Toshiba Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Hardware Encryption Devices Products Offered
10.7.5 Toshiba Recent Development
10.8 Gemalto (Thales)
10.8.1 Gemalto (Thales) Company Information
10.8.2 Gemalto (Thales) Introduction and Business Overview
10.8.3 Gemalto (Thales) Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Gemalto (Thales) Hardware Encryption Devices Products Offered
10.8.5 Gemalto (Thales) Recent Development
10.9 Certes Networks Inc.
10.9.1 Certes Networks Inc. Company Information
10.9.2 Certes Networks Inc. Introduction and Business Overview
10.9.3 Certes Networks Inc. Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Certes Networks Inc. Hardware Encryption Devices Products Offered
10.9.5 Certes Networks Inc. Recent Development
10.10 Kanguru Solutions
10.10.1 Kanguru Solutions Company Information
10.10.2 Kanguru Solutions Introduction and Business Overview
10.10.3 Kanguru Solutions Hardware Encryption Devices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kanguru Solutions Hardware Encryption Devices Products Offered
10.10.5 Kanguru Solutions Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hardware Encryption Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hardware Encryption Devices Industrial Chain Analysis
11.4 Hardware Encryption Devices Market Dynamics
11.4.1 Hardware Encryption Devices Industry Trends
11.4.2 Hardware Encryption Devices Market Drivers
11.4.3 Hardware Encryption Devices Market Challenges
11.4.4 Hardware Encryption Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hardware Encryption Devices Distributors
12.3 Hardware Encryption Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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