The Global Hardware Security Modules Market research study published by Emergen Research is an extensive collection of insightful information about the Hardware Security Modules Market industry. The report covers the Hardware Security Modules Market segmentation along with a detailed outline of the Hardware Security Modules Market size with regards to volume and valuation. The report provides comprehensive coverage of the Hardware Security Modules Market scenario for the current period and forecast timeline of 2022-2030.
The global Hardware Security Modules (HSMs) market size reached USD 1.22 Billion in 2021 and is expected to register a revenue CAGR of 11.8% during the forecast period. Increasing focus on data security in cloud is a key factor driving market revenue growth. Data security has been a major concern in information technology. It becomes especially crucial in cloud computing environment because data is stored in multiple locations, even across the globe. The biggest concern for users regarding cloud technology is data security and privacy protection, which creates high demand for hardware security modules.
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Cloud HSM is a Hardware Security Module (HSM) service hosted in cloud that allows users to store encryption keys and execute cryptographic operations in a cluster. Various companies are offering Cloud HMS services, for example, Amazon Web Services (AWS) Cloud HSM is a cloud-based Hardware Security Module (HSM) that allows users to quickly produce and use their own encryption keys on Amazon Web Services Cloud. Increasing concerns for data security in cloud is expected to drive revenue growth of the market during the forecast period.
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Hardware Security Modules market.
Some major companies in the market report include IBM Corporation, Thales Group, Utimaco Safeware., Atos SE, STMicroelectronics, Microchip Technology Inc., Hewlett Packard Enterprise, Gemalto NV, QLogic Corporation, and Futurex LP.
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Report Highlights:
Besides offering a vivid depiction of the global Hardware Security Modules business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2021-2028).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
The Global Hardware Security Modules Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Hardware Security Modules market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Dynamics:
The report offers insightful information about the market dynamics of the Hardware Security Modules market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Hardware Security Modules market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Hardware Security Modules market.
Emergen Research has segmented global hardware security modules market on the basis of type, deployment type, application, end-use, and region:
-
Type Outlook (Revenue, USD Million; 2019-2030)
- LAN Based
- USB Based
- PCI Based
- Smart Cards
- Others
-
Deployment Type Outlook (Revenue, USD Million; 2019-2030)
- Cloud Based
- On-Premises
-
Application Outlook (Revenue, USD Million; 2019-2030)
- Payment Processing
- Code and Document Signing
- Application-level encryption
- Database Encryption
- Authentication
- Document Signing
- PKI and Credential Management
- Others
-
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Banking, Financial Services and Insurance (BFSI)
- IT and Telecommunication
- Government
- Industrial Manufacturing
- Healthcare
- Retail and E-commerce
- Transportation
- Others
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Key reasons to buy the Global Hardware Security Modules Market report:
The latest report comprehensively studies the global Hardware Security Modules market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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