Hardware-based encryption devices offer the security of strong encryption with the ease of minimal configuration and platform interoperability. Hardware encryption can offer several benefits beyond those provided by software encryption. These include faster algorithm processing, tamper-proof or tamper-resistant key storage, and protection against unauthorized code.
Western Digital Corp dominated the market, with accounted for 19.858% of the Hardware Encryption Devices Revenue market share in 2016. Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Thales, Micron Technology Inc are the key players in USA Hardware Encryption Devices market.
The Middle Atlantic is the largest consumption region of Hardware Encryption Devices, with a consumption market share nearly 24.30% in 2016. The second place is The South; with the consumption market share over 20.99% in 2016.
Hardware Encryption Devices used in industry including IT & Telecom, BFSI, Government & Public Utilities, Manufacturing Enterprise and others. Report data showed that 26.28% of the Hardware Encryption Devices market demand in IT & Telecom.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
The Hardware Encryption Devices market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hardware Encryption Devices.
This report presents the worldwide Hardware Encryption Devices market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Western Digital Corp
Seagate Technology PLC
Micron Technology Inc
Kingston Technology Corp
Certes Networks Inc.
Hardware Encryption Devices Breakdown Data by Type
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Hardware Encryption Devices Breakdown Data by Application
IT & Telecom
Government & Public Utilities
Hardware Encryption Devices Production by Region
Hardware Encryption Devices Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hardware Encryption Devices status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Hardware Encryption Devices manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hardware Encryption Devices :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hardware Encryption Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.