Report overview
Hardware encryption is used to encrypt the electronics hardware circuit and stay outside of the encryption of electronic communication products, through internal procedures communications data to determine whether they should continue to execute a program.
This report aims to provide a comprehensive presentation of the global market for Hardware Encryption, 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. This report contains market size and forecasts of Hardware Encryption in global, including the following market information:
Global Hardware Encryption Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Hardware Encryption market was valued at US$ 29810 million in 2023 and is projected to reach US$ 140470 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.
The growth of this market can be attributed to the huge demand for the processor based on ASIC design for the manufacturing of hardware-encrypted hard disk drives and USB drives, owing to their high speed and small form factor.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hardware Encryption companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hardware Encryption Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Hardware Encryption Market Segment Percentages, by Type, 2023 (%)
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Others
Global Hardware Encryption Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Hardware Encryption Market Segment Percentages, by Application, 2023 (%)
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Global Hardware Encryption Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Hardware Encryption Market Segment Percentages, By Region and Country, 2023 (%)
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 revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Hardware Encryption revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Western Digital
Samsung Electronics
Seagate Technology
Micron Technology
Kingston Technology
Toshiba
Kanguru Solutions
Winmagic
Maxim Integrated Products
Netapp
Gemalto
Thales
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hardware Encryption, market overview.
Chapter 2: Global Hardware Encryption market size in revenue.
Chapter 3: Detailed analysis of Hardware Encryption company competitive landscape, revenue and 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 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: The main points and conclusions of the report.
