Hardware Security Modules Industry - Overview
Hardware security modules (HSMs) is a device that safeguards and manages authentication, crypto processing and provides security for sensitive data. In businesses, HSMs protects transactions, identities and applications as it helps in securing crypto graphic keys, authentication and digital signing services for a wide range of applications. Moreover, it is used to secure trade secrets, ensuring that only authorized individuals can access the HSMs to complete a cryptography key transaction. Also, multiple HSMs can be used together to provide public key management without slowing down applications. HSMs can be integrated in any application that uses digital keys to secure the sensitive data. In enterprises, HSMs protects public key infrastructures (PKIs), virtual environments and cloud architectures. In public key infrastructure (PKI) environment, HSMs is used by registration authorities (RAs) and certification authorities (CAs) for securing applications and manufacturing the next generation of PKI. Also, it is used to protect identities, applications, transactions and data in new technologies. Additionally, in banking sector, HSM is used to perform tasks such as PIN calculations or payment protocols.
According to MRFR, global Hardware Security Modules Industry is expected to show significant growth during the forecast period. Growing security concern owing to increase in data breaches and cyberattacks is one of the major factors encouraging businesses to implement HSM in their operations. Moreover, proliferation of HSMs in small and medium enterprises for data security in the cloud environment is expected to fuel the growth of hardware security modules market in the coming years. Additionally, HSM can be stored in safe place and can be transported from one place to another when needed, thus the demand for USB-based or portable HSMs is increasing, thereby boosting the growth of this market. Also, the emergence of electronic payments, digital transactions and the growing need to protect highly sensitive financial data from potential security threats is driving the growth of this market. However, high cost associated with HSM hampering the growth of the market. Many key players such as Gemalto NV, Thales e-Security, Inc., Utimaco GmbH, International Business Machines Corporation, Hewlett-Packard Enterprise Development LP among others are following the strategy of collaborating with software solution providers to provider security solutions to their customers.
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Key Players
The key players of Hardware Security Modules Industry report include Gemalto NV (Amsterdam), Thales e-Security, Inc. (U.S.), Utimaco GmbH (Germany), International Business Machines Corporation (U.S.), FutureX (U.S.), Hewlett-Packard Enterprise Development LP (U.S.) SWIFT (Belgium), Atos SE (France), Ultra-Electronics (U.K.), Yubico (U.S.) and others.
Hardware Security Modules Market Global Market - Segmentation
- Segmentation by type: LAN-based HSM/network-attached HSM, PCIe-based/embedded plugins HSM and USB-based/portable HSM
- Segmentation by deployment: cloud and on-premises
- Segmentation by application: payment processing, code and document signing, secure sockets layer (SSL) and transport layer security (TLS), authentication, database encryption, PKI or credential management and application-level encryption
- Segmentation by industry vertical: BFSI, government, technology and communications, industrial and manufacturing industry, energy and utilities, retail, healthcare and life Science and others
- Segmentation by region: North America, Europe, Asia-Pacific and rest of the world
Hardware Security Modules Market Global Market - Regional Analysis
The regional analysis of hardware security modules market is studied for North America, Europe, Asia-Pacific and rest of the world. North America is expected to dominate the hardware security modules market due to rising deployment of HSMs device for various applications in the organizations operating in this region, particularly in the US. Moreover, North America being a technically advanced region, focuses on improving their security infrastructure to protect data from malicious attacks, hence the demand for HSMs in this region is increasing significantly. Asia-Pacific is expected to be the fastest growing region during the forecast period as the countries in this region are increasingly adopting modern technologies such as cloud and IoT, thereby creating huge opportunity for data and information security.
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Table of Contents:
LIST OF TABLES
TABLE 1 GLOBAL HARDWARE SECURITY MODULE MARKET, BY TYPE
TABLE 2 GLOBAL HARDWARE SECURITY MODULE MARKET, BY APPLICATION
TABLE 3 GLOBAL HARDWARE SECURITY MODULE MARKET, BY END-USERS
TABLE 4 GLOBAL HARDWARE SECURITY MODULE MARKET, BY GEOGRAPHY
TABLE 5 NORTH AMERICA HARDWARE SECURITY MODULE MARKET, BY TYPE
TABLE 6 NORTH AMERICA HARDWARE SECURITY MODULE MARKET, BY APPLICATION
TABLE 7 NORTH AMERICA HARDWARE SECURITY MODULE MARKET, BY END-USERS
TABLE 8 NORTH AMERICA HARDWARE SECURITY MODULE MARKET, BY GEOGRAPHY
Continued…
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Hardware Security Modules Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.UpMarketResearch offers a latest published report on “Global Hardware Security Modules Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
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It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Secondary research techniques are implemented for better understanding and clarity for data analysis.The report for Hardware Security Modules market analysis & forecast 2018-2023 is segmented into Product Segment, Application Segment & Major players.Region-wise Analysis Global Hardware Security Modules Market covers: North America Europe China Japan India Southeast Asia Other regions (Central & South America, Middle East & Africa)The Major players reported in the market include:GemaltoThales E-SecurityUtimacoInternational Business MachinesFuturexHewlett Packard EnterpriseATOSYubicoUltra ElectronicsGlobal Hardware Security Modules Market: Product Segment Analysis:LAN BasedPCle BasedGlobal Hardware Security Modules Market: Application Segment Analysis:GovernmentCommunicationIndustrial Global Hardware Security Modules Market: Key Stakeholders:Hardware Security Modules ManufacturersHardware Security Modules Distributors/Traders/WholesalersHardware Security Modules Subcomponent ManufacturersIndustry AssociationDownstream Vendors In this study, the years considered to estimate the market size of Hardware Security Modules are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025 The Report covers in-depth analysis as follows:Chapter 1 Hardware Security Modules Industry Market OverviewChapter 2 Global Economic Impact on Hardware Security Modules IndustryChapter 3 Global Hardware Security Modules Industry Competition by ManufacturersChapter 4 Global Hardware Security Modules Industry Production, Revenue (Value) by Region (2013-2018)Chapter 5 Global Hardware Security Modules Industry Supply (Production), Consumption, Export, Import by Regions (2013-2018)Chapter 6 Global Hardware Security Modules Industry Production, Revenue (Value), Price Trend by TypeChapter 7 Global Hardware Security Modules Industry Analysis by ApplicationChapter 8 Global Hardware Security Modules Industry Manufacturers AnalysisChapter 9 Hardware Security Modules Industry Manufacturing Cost AnalysisChapter 10 Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 11 Marketing Strategy Analysis, Distributors/TradersChapter 12 Market Effect Factors AnalysisChapter 13 Global Hardware Security Modules Industry Forecast (2018-2023)Buy Hardware Security Modules Market analysis & forecast 2018-2023 Report along with complete TOC @ https://www.upmarketresearch.com/buy/hardware-security-modules-market“Hardware Security Modules Market Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
Global Hardware Security Module (HSM)Market – OverviewA Hardware Security Module (HSM) is a physical device that provides a secure environment for the storage of cryptographic keys and for performing operations.
The HSM is associated with software solution that is attached with inside a PC or servers and offers a tamper protection mechanism that provides a secure out-of-band management interface for key materials.
HSM offers numerous attributes for the business to focussed to make quality products and services.
The attributes include widely accepted and open secure cryptographic algorithms, strong random number generation for cryptographic functions, a standardized interface for developers, and others.
However, high deployment cost of HSM is likely to hinder the growth of the HSM market during the forecast period.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2410Key PlayersThe key players of Hardware Security Modules Industry report include Gemalto NV (Amsterdam), Thales e-Security, Inc. (U.S.), Utimaco GmbH (Germany), International Business Machines Corporation (U.S.), FutureX (U.S.), Hewlett-Packard Enterprise Development LP (U.S.) SWIFT (Belgium), Atos SE (France), Ultra-Electronics (U.K.), Yubico (U.S.) and others.SegmentationThe Hardware Security Modules Industry has been segmented on the basis of type, application, end-users and region.
By type, the market has been bifurcated into lan-based hsm/network-attached hsm, pcie-based/embedded plugins hsm and usb-based/portable hsm.Segmentation by Type: LAN-based HSM/network-attached HSM, PCIE-based/embedded plugins HSM and USB-based/portable HSM.Segmentation by Application: Payment Processing, Code and Document Signing, Secure Sockets Layer (SSL) and Transport Layer Security (TLS), authentication, database encryption, PKI or credential management, Application-Level Encryption.Segmentation by End user: Banking and Financial Services, Government, Technology and Communications, Industrial and Manufacturing Industry, Energy and Utilities, Retail and Consumer Products, Healthcare and Life Science, Entertainment & Media, Education and Transportation.Segmentation by Region: North America, Europe, Asia Pacific and Rest of the world.Market Research Future AnalysisGeographically, the Hardware Security Modules Industry is categorized as North America, Europe, Asia-Pacific and Rest of the World.
According to the new market research report "Hardware Security Modules Market with COVID-19 Impact Analysis by Deployment Type (On-premises, Cloud Based), Type (LAN Based/Network Attached, PCI Based, USB Based, Smart Cards ), Applications, Verticals and Geography - Global Forecast to 2026", The overall Hardware security modules market is expected to grow from USD 1.1 billion in 2021 to USD 1.8 billion by 2026, at a CAGR of 11.6%.
It manages cryptographic keys for critical functions such as encryption, decryption, and authentication and is deployed for different applications such as application-level encryption, decryption, payment processing, code and document signing, authentication, and database encryption.
On-premises segment to hold the largest share of the Hardware security modules market, by deployment type, in 2021 A hardware security module is a physical device that manages digital keys by providing secure storage and generation of keys required for authentication.
They have special hardware to create entropy and generate high-quality random keys.
Most hardware security modules also support elliptic curve cryptography (ECC), which provides stronger encryption despite shorter key lengths.
These modules adhere to internationally recognized standards and certifications such as FIPS 140, ANSSI Certification, eIDAS, EU Restricted, PCI-DSS, and GIE CB, among others, which relate to securing infrastructure and application.
