KEY FINDINGS
The global hardware encryption market is predicted to record a CAGR of 24.73%, during the forecast period of 2019 to 2028. The key factors attributed to the market growth are regulatory compliance concerning the protection of sensitive and private data, the increased risk of data breaches, the declining costs of hardware encryption devices, and the upsurge in penetration of consumer electronics.
MARKET INSIGHTS
Technical advancements have helped minimize the average expenses of hardware encryption devices, and the trend is projected to continue over the upcoming years. As the cost differences between non-hardware-encrypted devices and hardware-encrypted devices remain trivial, hardware encryption would be recognized as a default standard in Universal Serial Bus (USB) drives and hard disk drives (HDDs). Thus, owing to the negligible cost difference, non-hardware-encrypted devices are likely to lose their prominence, eventually.
Moreover, hardware-enforced security provides an affordable solution with sufficient security levels to ensure protection against fresh attacks initiated by hyper-connectivity. As a result, this has relatively transitioned most users' inclination towards such devices, compared to software encryption due to the minimal price difference. However, huge capital investments required for the installation and maintenance adversely influences market growth.
REGIONAL INSIGHTS
The global hardware encryption market growth is analyzed across the Asia Pacific, North America, Europe, and the rest of the world. The Asia Pacific is expected to be the leading market for hardware encryption solutions, primarily because of several device manufacturers' presence. The region's market growth is further driven by massive investments made by public and private sectors to ensure the security of sensitive data. The region is also set to dominate the global market by 2028.
COMPETITIVE INSIGHTS
There exists an intense rivalry within competitors owing to the presence of numerous market players. As a result, organizations pressure each other, while attempting to limit their competitor's profitability. Therefore, the industrial rivalry within the market is intense. Prominent companies in the market include, Samsung Electronics Co Ltd, NetApp, Toshiba Corporation, McAfee LLC, Symantec Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Hardware Encryption Market Forecast 2019-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Regulatory Compliances On Protection Of Sensitive & Private Data
3.2.2. Declining Cost Of Hardware Encryption Devices
3.2.3. Upsurge In Penetration Of Consumer Electronics
3.2.4. Increasing Risk Of Data Breaches
3.3. Key Restraints
3.3.1. High Initial Investment
3.3.2. Limitation & Malpractice Of Encrypted Devices In Some Countries
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
5. Market By Architecture
5.1. Asic
5.2. Fpga
6. Market By Algorithm & Standard
6.1. Rsa
6.2. Aes
6.3. Others
7. Market By Product
7.1. Hard Disk Drive (Hdd)
7.1.1. External Hard Disk Drive
7.1.2. Internal Hard Disk Drive
7.2. Solid State Drives (Ssd)
7.3. Universal Serial Bus (Usb)
7.4. Inline Network Encryptor
8. Market By End-User
8.1. Industrial
8.2. Commercial
8.3. Residential
8.4. Government
9. Market By Application
9.1. Consumer Electronics
9.2. It & Telecom
9.3. Automotive & Transportation
9.4. Aerospace And Defense
9.5. Healthcare
9.6. Government And Public Utilities
9.7. Bfsi
9.8. Others
10. Geographical Analysis
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. United Kingdom
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Russia
10.2.6. Belgium
10.2.7. Poland
10.2.8. Rest Of Europe
10.3. Asia Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Indonesia
10.3.6. Thailand
10.3.7. Vietnam
10.3.8. Australia & New Zealand
10.3.9. Rest Of Asia Pacific
10.4. Rest Of World
10.4.1. Latin America
10.4.2. Middle East & Africa
11. Company Profiles
11.1. International Business Machines Corporation
11.2. Kingston Technology Company Inc
11.3. Mcafee Llc
11.4. Micron Technology Inc
11.5. Netapp
11.6. Samsung Electronics Co Ltd
11.7. Seagate Technology Llc
11.8. Symantec Corporation
11.9. Toshiba Corporation
11.10. Western Digital Technologies Inc
11.11. Certes Networks Inc
11.12. Imation Corp
11.13. Sandisk Corporation
11.14. Maxim Integrated Products Inc
11.15. Gemalto Nv
List of Tables
Table 1: Market Snapshot - Hardware Encryption
Table 2: Global Hardware Encryption Market, By Architecture, Historical Years, 2016-2019 (In $ Billion)
Table 3: Global Hardware Encryption Market, By Architecture, Forecast Years, 2019-2028 (In $ Billion)
Table 4: Global Asic Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 5: Global Asic Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 6: Global Fpga Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 7: Global Fpga Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 8: Global Hardware Encryption Market, By Algorithm & Standard, Historical Years, 2016-2019 (In $ Billion)
Table 9: Global Hardware Encryption Market, By Algorithm & Standard, Forecast Years, 2019-2028 (In $ Billion)
Table 10: Global Rsa Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 11: Global Rsa Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 12: Global Aes Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 13: Global Aes Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 14: Global Others Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 15: Global Others Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 16: Global Hardware Encryption Market, By Product, Historical Years, 2016-2019 (In $ Billion)
Table 17: Global Hardware Encryption Market, By Product, Forecast Years, 2019-2028 (In $ Billion)
Table 18: Global Hard Disk Drive (Hdd) Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 19: Global Hard Disk Drive (Hdd) Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 20: Global Hardware Encryption Market, By Hard Disk Drive (Hdd), Historical Years, 2016-2019 (In $ Billion)
Table 21: Global Hardware Encryption Market, By Hard Disk Drive (Hdd), Forecast Years, 2019-2028 (In $ Billion)
Table 22: Global External Hard Disk Drive Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 23: Global External Hard Disk Drive Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 24: Global Internal Hard Disk Drive Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 25: Global Internal Hard Disk Drive Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 26: Global Solid State Drives (Ssd) Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 27: Global Solid State Drives (Ssd) Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 28: Global Universal Serial Bus (Usb) Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 29: Global Universal Serial Bus (Usb) Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 30: Global Inline Network Encryptor Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 31: Global Inline Network Encryptor Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 32: Global Hardware Encryption Market, By End-User, Historical Years, 2016-2019 (In $ Billion)
Table 33: Global Hardware Encryption Market, By End-User, Forecast Years, 2019-2028 (In $ Billion)
Table 34: Global Industrial Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 35: Global Industrial Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 36: Global Commercial Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 37: Global Commercial Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 38: Global Residential Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 39: Global Residential Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 40: Global Government Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 41: Global Government Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 42: Global Hardware Encryption Market, By Application, Historical Years, 2016-2019 (In $ Billion)
Table 43: Global Hardware Encryption Market, By Application, Forecast Years, 2019-2028 (In $ Billion)
Table 44: Global Consumer Electronics Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 45: Global Consumer Electronics Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 46: Global It & Telecom Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 47: Global It & Telecom Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 48: Global Automotive & Transportation Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 49: Global Automotive & Transportation Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 50: Global Aerospace And Defense Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 51: Global Aerospace And Defense Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 52: Global Healthcare Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 53: Global Healthcare Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 54: Global Government And Public Utilities Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 55: Global Government And Public Utilities Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 56: Global Bfsi Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 57: Global Bfsi Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 58: Global Others Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 59: Global Others Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
Table 60: Global Hardware Encryption Market, By Geography, Historical Years, 2016-2019 (In $ Billion)
Table 61: Global Hardware Encryption Market, By Geography, Forecast Years, 2019-2028 (In $ Billion)
Table 62: North America Hardware Encryption Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 63: North America Hardware Encryption Market, By Country, Forecast Years, 2019-2028 (In $ Billion)
Table 64: Europe Hardware Encryption Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 65: Europe Hardware Encryption Market, By Country, Forecast Years, 2019-2028 (In $ Billion)
Table 66: Asia Pacific Hardware Encryption Market, By Country, Historical Years, 2016-2019 (In $ Billion)
Table 67: Asia Pacific Hardware Encryption Market, By Country, Forecast Years, 2019-2028 (In $ Billion)
Table 68: Rest Of World Hardware Encryption Market, By Region, Historical Years, 2016-2019 (In $ Billion)
Table 69: Rest Of World Hardware Encryption Market, By Region, Forecast Years, 2019-2028 (In $ Billion)
List of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Global Hardware Encryption Market, Growth Potential, By Architecture, In 2019
Figure 7: Global Hardware Encryption Market, By Asic, 2019-2028 (In $ Billion)
Figure 8: Global Hardware Encryption Market, By Fpga, 2019-2028 (In $ Billion)
Figure 9: Global Hardware Encryption Market, Growth Potential, By Algorithm & Standard, In 2019
Figure 10: Global Hardware Encryption Market, By Rsa, 2019-2028 (In $ Billion)
Figure 11: Global Hardware Encryption Market, By Aes, 2019-2028 (In $ Billion)
Figure 12: Global Hardware Encryption Market, By Others, 2019-2028 (In $ Billion)
Figure 13: Global Hardware Encryption Market, Growth Potential, By Product, In 2019
Figure 14: Global Hardware Encryption Market, By Hard Disk Drive (Hdd), 2019-2028 (In $ Billion)
Figure 15: Global Hardware Encryption Market, By External Hard Disk Drive, 2019-2028 (In $ Billion)
Figure 16: Global Hardware Encryption Market, By Internal Hard Disk Drive, 2019-2028 (In $ Billion)
Figure 17: Global Hardware Encryption Market, By Solid State Drives (Ssd), 2019-2028 (In $ Billion)
Figure 18: Global Hardware Encryption Market, By Universal Serial Bus (Usb), 2019-2028 (In $ Billion)
Figure 19: Global Hardware Encryption Market, By Inline Network Encryptor, 2019-2028 (In $ Billion)
Figure 20: Global Hardware Encryption Market, Growth Potential, By End-User, In 2019
Figure 21: Global Hardware Encryption Market, By Industrial, 2019-2028 (In $ Billion)
Figure 22: Global Hardware Encryption Market, By Commercial, 2019-2028 (In $ Billion)
Figure 23: Global Hardware Encryption Market, By Residential, 2019-2028 (In $ Billion)
Figure 24: Global Hardware Encryption Market, By Government, 2019-2028 (In $ Billion)
Figure 25: Global Hardware Encryption Market, Growth Potential, By Application, In 2019
Figure 26: Global Hardware Encryption Market, By Consumer Electronics, 2019-2028 (In $ Billion)
Figure 27: Global Hardware Encryption Market, By It & Telecom, 2019-2028 (In $ Billion)
Figure 28: Global Hardware Encryption Market, By Automotive & Transportation, 2019-2028 (In $ Billion)
Figure 29: Global Hardware Encryption Market, By Aerospace And Defense, 2019-2028 (In $ Billion)
Figure 30: Global Hardware Encryption Market, By Healthcare, 2019-2028 (In $ Billion)
Figure 31: Global Hardware Encryption Market, By Government And Public Utilities, 2019-2028 (In $ Billion)
Figure 32: Global Hardware Encryption Market, By Bfsi, 2019-2028 (In $ Billion)
Figure 33: Global Hardware Encryption Market, By Others, 2019-2028 (In $ Billion)
Figure 34: North America Hardware Encryption Market, Regional Outlook, 2019 & 2028 (In %)
Figure 35: United States Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 36: Canada Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 37: Europe Hardware Encryption Market, Regional Outlook, 2019 & 2028 (In %)
Figure 38: United Kingdom Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 39: Germany Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 40: France Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 41: Italy Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 42: Russia Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 43: Belgium Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 44: Poland Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 45: Rest Of Europe Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 46: Asia Pacific Hardware Encryption Market, Regional Outlook, 2019 & 2028 (In %)
Figure 47: China Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 48: Japan Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 49: India Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 50: South Korea Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 51: Indonesia Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 52: Thailand Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 53: Vietnam Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 54: Australia & New Zealand Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 55: Rest Of Asia Pacific Hardware Encryption Market, 2019-2028 (In $ Billion
Figure 56: Rest Of World Hardware Encryption Market, Regional Outlook, 2019 & 2028 (In %)
Figure 57: Latin America Hardware Encryption Market, 2019-2028 (In $ Billion)
Figure 58: Middle East & Africa Hardware Encryption Market, 2019-2028 (In $ Billion)
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