Hardware Encryption Devices Market

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.

Hardware Encryption Devices Market contains market size and forecasts of Hardware Encryption Devices in global, including the following market information:

Global Hardware Encryption Devices Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Hardware Encryption Devices Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Hardware Encryption Devices companies in 2021 (%)

The global Hardware Encryption Devices market was valued at 38690 million in 2021 and is projected to reach US$ 182280 million by 2028, at a CAGR of 24.8% during the forecast period.

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

Encrypted Hard Disk Drives Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Hardware Encryption Devices include Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Micron Technology Inc, Intel, Kingston Technology Corp, Toshiba, Gemalto (Thales) and Certes Networks Inc. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Hardware Encryption Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hardware Encryption Devices Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Hardware Encryption Devices Market Segment Percentages, by Type, 2021 (%)

Encrypted Hard Disk Drives

Encrypted Solid-State Drives

Hardware Security Module

Global Hardware Encryption Devices Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Hardware Encryption Devices Market Segment Percentages, by Application, 2021 (%)

IT & Telecom

BFSI

Government & Public Utilities

Manufacturing Enterprise

Others

Global Hardware Encryption Devices Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Hardware Encryption Devices 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 Encryption Devices revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Hardware Encryption Devices revenues share in global market, 2021 (%)

Key companies Hardware Encryption Devices sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Hardware Encryption Devices sales share in global market, 2021 (%)

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

Western Digital Corp

Seagate Technology PLC

Samsung Electronics

Micron Technology Inc

Intel

Kingston Technology Corp

Toshiba

Gemalto (Thales)

Certes Networks Inc.

Kanguru Solutions