Hardware Security Modules Market

A hardware security module (HSM) is a physical computing device that safeguards and manages digital keys for strong authentication and provides crypto processing. These modules traditionally come in the form of a plug-in card or an external device that attaches directly to a computer or network server. Hardware Security Modules (HSM) are devices specifically built to create a tamper-resistant environment in which to perform cryptographic processes (e.g. encryption or digital signing) and to manage keys associated with those processes. HSMs often provide cryptographic acceleration that is measured in terms of operations. These devices are used to protect critical data processing activities associated with server based applications and can be used to strongly enforce security policies and access controls. These modules are physical devices that traditionally come in the form of a plug-in card or an external network connected appliance and are often validated against security standards such as FIPS.

Hardware Security Modules Market contains market size and forecasts of Hardware Security Modules (HSM) in Global, including the following market information:

Global Hardware Security Modules (HSM) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Hardware Security Modules (HSM) market was valued at 1120.5 million in 2021 and is projected to reach US$ 2190.3 million by 2028, at a CAGR of 10.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

General Purpose HSMs Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Hardware Security Modules (HSM) include Thales, Entrust Datacard, Utimaco, ATOS SE, Marvell Technology Group, Westone Information Industry Inc, Ultra Electronics, Synopsys, Inc and Futurex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Hardware Security Modules (HSM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hardware Security Modules (HSM) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Hardware Security Modules (HSM) Market Segment Percentages, by Type, 2021 (%)

General Purpose HSMs

Payment HSMs

HSMaaS

Global Hardware Security Modules (HSM) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Hardware Security Modules (HSM) Market Segment Percentages, by Application, 2021 (%)

Industrial and Manufacturing

BFSI

Government

Others

Global Hardware Security Modules (HSM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Hardware Security Modules (HSM) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Hardware Security Modules (HSM) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Hardware Security Modules (HSM) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Thales

Entrust Datacard

Utimaco

ATOS SE

Marvell Technology Group

Westone Information Industry Inc

Ultra Electronics

Synopsys, Inc

Futurex

Keyou

Exceet Secure Solutions GmbH

Beijing Dean information technology

Securosys

Yubico

Sansec