Global Hardware Encryption Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

DUBLIN--()--The "Hardware Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global hardware encryption market is currently experiencing robust growth. Encryption refers to the process of utilizing an algorithm to convert information or data into codes to prevent any unauthorized access. It protects sensitive data by transforming it into an unreadable ciphertext which can be decrypted using an encryption key. These types of encryption utilize a dedicated processor, which aids in the tasks of authentication and encryption. This processor is physically located on the encrypted drive which often generates the encryption key that can be unlocked using the user's password. Since it protects the data against threats, such as cold boot, malicious code and brute force attacks, it is widely being adopted across diverse industry verticals, including banking, corporate, IT & Telecom, healthcare, etc.

Escalating adoption rates of portable storage devices which are used to transfer information between computers and create backup are one of the major factors contributing to the market growth. Hardware encryption devices offer efficient confidentiality of personal data from unauthorized access, which has positively influenced their sales globally. Furthermore, the rising cases of cyber-attacks have led private organizations as well as governments to make a shift toward hardware encryption as these systems are more resilient and deliver faster performance when compared with software encryptions.

Moreover, the increasing sales of consumer electronics have led smartphone manufacturers to include fingerprint scanners in their devices. This protects the privacy of the users as well as makes the process of encryption and decryption faster. Looking forward, the publisher expects the market to exhibit a CAGR of around 28% during 2020-2025.

Companies Mentioned

  • Gemalto NV
  • IBM Corp.
  • Imation Corp.
  • Maxim Integrated Products
  • Micron Technology
  • Netapp
  • Samsung Electronics
  • SanDisk Corporation
  • Seagate Technology
  • Thales
  • Toshiba Corp.
  • Western Digital Corp.
  • Western Digital Technologies
  • Winmagic

Key Questions Answered in This Report:

  • How has the global hardware encryption market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global hardware encryption industry?
  • What is the breakup of the market based on the algorithm and standard?
  • What is the breakup of the market based on the architecture?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global hardware encryption market and who are the key players?
  • What is the degree of competition in the market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Hardware Encryption Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Forecast

6 Market Breakup by Algorithm and Standard

6.1 Advanced Encryption Standard (AES)

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Rivest-Shamir-Adleman (RSA)

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Others

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Architecture

7.1 Field-Programmable Gate Arrays (FPGA)

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Application-Specific Integrated Circuits (ASIC)

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by Product

8.1 External Hard Disk Drives

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Internal Hard Disk Drives

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 lnline Network Encryptors

8.3.1 Market Trends

8.3.2 Market Forecast

8.4 USB Flash Drives

8.4.1 Market Trends

8.4.2 Market Forecast

8.5 Others

8.5.1 Market Trends

8.5.2 Market Forecast

9 Market Breakup by Application

9.1 Consumer Electronics

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 IT & Telecom

9.2.1 Market Trends

9.2.2 Market Forecast

9.3 Transportation

9.3.1 Market Trends

9.3.2 Market Forecast

9.4 Aerospace and Defense

9.4.1 Market Trends

9.4.2 Market Forecast

9.5 Healthcare

9.5.1 Market Trends

9.5.2 Market Forecast

9.6 BFSI

9.6.1 Market Trends

9.6.2 Market Forecast

9.7 Others

9.7.1 Market Trends

9.7.2 Market Forecast

10 Market Breakup by Region

10.1 Asia Pacific

10.2 North America

10.3 Europe

10.4 Latin America

10.5 Middle East and Africa

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Competition

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/m9po56

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press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900