Hardware Encryption Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Technology & Telecommunication / Semiconductor
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in hardware encryption market to 2024 by device type (external hard disk drives, internal hard disk drives, solid-state drives, inline network encryptors, and USB flash drives), algorithms and standards (advanced encryption standard (AES) and rivest- shamir-adleman (RSA) algorithm), architecture (field-programmable gate arrays and application-specific integrated circuits), end use industry (consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, and BFSI), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).

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The future of the hardware encryption market looks promising with opportunities in the consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, and BFSI industries.

The global hardware encryption market is expected to grow with a CAGR of 29% from 2019 to 2024. The major drivers for this market are growing concern over data security and privacy, growing requirement for regulatory compliances, expansion of digital content, and significant advantage over software encryption technology.

A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of hardware encryption market report download the report brochure.

Hardware Encryption Market by Segment Type

Hardware Encryption Market Share Analysis

The study includes the hardware encryption market size and forecast for the global hardware encryption market through 2024, segmented by device type, algorithm and standard, architectures, end use industry, and region as follows:

By Device Type [$M shipment analysis for 2013 – 2024]:

External Hard Disk Drives
Internal Hard Disk Drives
Solid-State Drives
Inline Network Encryptors
USB Flash Drives

By Algorithm and Standard [$M shipment analysis for 2013 – 2024]:

Advanced Encryption Standard (AES)
Rivest- Shamir-Adleman (RSA) Algorithm
Others
- Data Encryption Standard (DES)
- Secure Hash Algorithm (SHA)
- Elliptic Curve Cryptography (ECC)
- Digital Signature Algorithm (DSA)

By Architecture [$M shipment analysis for 2013 – 2024]:

Field-Programmable Gate Arrays (FPGA)
Application-Specific Integrated Circuits (ASIC)

By End Use Industry [$M shipment analysis for 2013 – 2024]:

Consumer Electronics
IT & Telecom
Transportation
Aerospace and Defense
Healthcare
BFSI
Others

By Region [$M shipment analysis for 2013 – 2024]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
Asia Pacific
- China
- Japan
- India
RoW

Some of the hardware encryption companies profiled in this report include Samsung Electronics, Seagate Technology, Micron Technology, Kingston Technology, Toshiba, Kanguru Solutions, Maxim Integrated Products, Netapp, Gemalto, and Thales (E-Security).

Some of the features of this report:

Market size estimates: Hardware encryption market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
Segmentation analysis: Market size by various segments such as by device type, algorithm and standard, architectures, end use industry, and region.
Regional analysis: Hardware encryption market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities:Analysis on growth opportunities in different applications and regions for hardware encryption in the hardware encryption market.
Strategic analysis:This includes M&A, new product development, and competitive landscape for hardware encryption in the hardware encryption market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global hardware encryption market by device type (external hard disk drives, internal hard disk drives, solid-state drives, inline network encryptors, and USB flash drives), algorithms and standards (advanced encryption standard (AES) and rivest- shamir-adleman (RSA) algorithm), architecture (field-programmable gate arrays (FPGA) and application-specific integrated circuits (ASIC)), end use industry (consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, and BFSI), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the hardware encryption market?
Q.5 what are the business risks and threats to the hardware encryption market?
Q.6 what are emerging trends in this hardware encryption market and the reasons behind them?
Q.7 what are some changing demands of customers in the hardware encryption market?
Q.8 what are the new developments in the hardware encryption market? Which companies are leading these developments?
Q.9 who are the major players in this hardware encryption market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this hardware encryption area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, hardware encryption market?

Offer Amount (Per user license)	Retail price (Per user license)
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Hardware Encryption Market Report: Trends, Forecast and Competitive Analysis

The future of the hardware encryption market looks promising with opportunities in the consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, and BFSI industries.

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