Hardware Security Modules Market

The global Hardware Security Modules (HSM) market was valued at 1076.28 Million USD in 2021 and will grow with a CAGR of 11.48% from 2021 to 2027, based on newly published report.

The prime objective of Hardware Security Modules Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Hardware Security Modules Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. In terms of product classification, Hardware Security Modules (HSM) can be divided into three categories: LAN based, Pcle based and USB based. In 2019, Pcle based HSM accounts for about half of the total market share. According to the product region, North America is the largest sales region of Hardware Security Modules (HSM) in 2019, followed by Europe.

By Market Verdors:

• Thales
• Gemalto
• Utimaco
• Entrust Datacard
• ATOS SE
• Cavium
• Ultra Electronics
• Synopsys, Inc
• Exceet Secure Solutions GmbH
• Futurex
• Yubico

By Types:

• LAN Based
• PCle Based
• USB Based

By Applications:

• BFSI
• Government
• General Enterprise
• Manufacturing

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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