Global Hardware Security Modules Market - Overview
The Hardware Security Modules Market is anticipated to grow by
US$1115 million by 2022 rapidly growing at a CAGR of 13% during the forecast
period 2016 to 2022. The global hardware security modules market is driven by
rising incidents of data breaches and cyber-attacks as well as several mandates
for manufacturers. These factors have helped shape the hardware security
modules market and are expected to boost the growth. Companies in the hardware
security modules market could also face challenges such as high initial cost
and lack of skilled human resource. The details covered in the hardware security
modules market report cover all the aspects of the industry. hardware security
modules market analysts have also shared growth projections in the report and
have suggested hardware security modules market players to plan growth
strategies accordingly.
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Market Segmentation
The global hardware security modules market has been
segmented based on type, application, and end-users.
On the basis of application, the market for hardware
security modules is segmented based on code and document signing, payment
processing, and authentication.
Additionally, the market on the basis of type, is
segmented into USB-Based, PCIe-Based, and LAN-Based HSM.
The global market for hardware security modules is
also covered based on the end-users segment which is further split into energy
and utilities, government, and healthcare.
Factors like strong internal and external privacy
mandates regulations and highly advanced technological systems support the
hardware security modules market growth. The performance of the hardware
security modules market has also been studied for the past and current years.
Additionally, the hardware security modules market report provides analysis of
these segments. The hardware security modules market segmental analysis
provided in the report offers major details about the hardware security modules
market performance and future.
Regional Overview
Companies in the hardware security modules market
are spread across the world. The hardware security modules market report
provides major information about regional markets of North America, Europe,
Asia-Pacific (APAC), and the rest of the world. The North American hardware
security modules market has many companies across the United States, Canada,
and Mexico. Europe has companies in the hardware security modules market across
Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of
the hardware security modules market across India, China, and Japan in the
Asia-Pacific region is also presented in the report. The hardware security
modules market of the Middle East, Africa, and other regions has also been
studied by analysts. The regional analysis of the hardware security modules
market can be found in the market research report.
Competitive Landscape
The hardware security modules market is supported by
data security regulations and effective management of cryptographic keys. The
population growth around the world and increasing demand of hardware security
modules market based services and products also support the market growth.
However, the hardware security modules market growth can be affected due to
lack of technical infrastructure to support data privacy and lack of awareness
among businesses in developing countries. The report covers all such details
which will help companies in the hardware security modules market to strengthen
their business plan and improve their product portfolio. The hardware security
modules market research report also provides company profiles of major
companies. The company profile of organizations operating in the hardware
security modules market discusses strategies, growth plans, size, revenue, and
mergers and acquisition details of top companies in the hardware security
modules market. New entrants and established players can plan their strategies
based on this data provided in the hardware security modules market research
report.
Industry News
Swissbit and Hyperstone, a specialist provider of
flash memory controllers, are set to jointly develop innovative specialized
embedded IoT products and protection solutions. Swissbit Holding AG (Swissbit),
a leading specialist provider of data storage and integrated IoT devices for
industrial applications, has announced the acquisition by CML Microsystems Plc
of Hyperstone GmbH, a leading provider of flash memory controllers.
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