Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Hardware Encryption Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hardware Encryption Devices. This report contains market size and forecasts of Hardware Encryption Devices in global, including the following market information:
Global Hardware Encryption Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Hardware Encryption Devices Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Hardware Encryption Devices companies in 2022 (%)
The global Hardware Encryption Devices market was valued at US$ 38690 million in 2022 and is projected to reach US$ 182280 million by 2029, at a CAGR of 24.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Hardware Encryption Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hardware Encryption Devices Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hardware Encryption Devices Market Segment Percentages, by Type, 2022 (%)
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Global Hardware Encryption Devices Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hardware Encryption Devices Market Segment Percentages, by Application, 2022 (%)
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Global Hardware Encryption Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Hardware Encryption Devices Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hardware Encryption Devices revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hardware Encryption Devices revenues share in global market, 2022 (%)
Key companies Hardware Encryption Devices sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Hardware Encryption Devices sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Micron Technology Inc
Intel
Kingston Technology Corp
Toshiba
Gemalto (Thales)
Certes Networks Inc.
Kanguru Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hardware Encryption Devices, market overview.
Chapter 2: Global Hardware Encryption Devices market size in revenue and volume.
Chapter 3: Detailed analysis of Hardware Encryption Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hardware Encryption Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Hardware Encryption Devices capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
