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.
Market Analysis and Insights: Global and United States Hardware Encryption Market
This report focuses on global and United States Hardware Encryption market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Hardware Encryption market size is estimated to be worth US$ 37600 million in 2022 and is forecast to a readjusted size of US$ 149750 million by 2028 with a CAGR of 25.9% during the review period. Fully considering the economic change by this health crisis, by Type, Encrypted Hard Disk Drives accounting for % of the Hardware Encryption global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, IT & Telecom was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Hardware Encryption Scope and Market Size
Hardware Encryption market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Hardware Encryption market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Hardware Encryption market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Others
Segment by Application
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Western Digital
Samsung Electronics
Seagate Technology
Micron Technology
Kingston Technology
Toshiba
Kanguru Solutions
Winmagic
Maxim Integrated Products
Netapp
Gemalto
Thales
Market Analysis and Insights: Global and United States Hardware Encryption Market
This report focuses on global and United States Hardware Encryption market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Hardware Encryption market size is estimated to be worth US$ 37600 million in 2022 and is forecast to a readjusted size of US$ 149750 million by 2028 with a CAGR of 25.9% during the review period. Fully considering the economic change by this health crisis, by Type, Encrypted Hard Disk Drives accounting for % of the Hardware Encryption global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, IT & Telecom was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Hardware Encryption Scope and Market Size
Hardware Encryption market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Hardware Encryption market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Hardware Encryption market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Others
Segment by Application
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Western Digital
Samsung Electronics
Seagate Technology
Micron Technology
Kingston Technology
Toshiba
Kanguru Solutions
Winmagic
Maxim Integrated Products
Netapp
Gemalto
Thales
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.