Hardware Security Modules Market Projected to Witness a Double-Digit CAGR During 2021 – 2030
- chhaya chavan
- May 25, 2023
- 3 min read
The global Hardware Security Modules (HSMs) market size reached USD 1.22 Billion in 2021 and is expected to register a revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on data security in cloud is a key factor driving market revenue growth.
The report contains extensive analysis of the market in light of the ongoing COVID-19 impact. The pandemic has affected the economic landscape of the world dynamically. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic. The report also discusses the present and future impact of the COVID-19 outbreak.
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The leading market contenders listed in the report are:
IBM Corporation, Thales Group, Utimaco Safeware., Atos SE, STMicroelectronics, Microchip Technology Inc., Hewlett Packard Enterprise, Gemalto NV, QLogic Corporation, and Futurex LP.
Key reasons to buy the Global Hardware Security Modules Market report:
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
The latest report comprehensively studies the global Hardware Security Modules market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
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Market Segmentations of the Hardware Security Modules Market
Type Outlook (Revenue, USD Million; 2019-2030)
LAN Based
USB Based
PCI Based
Smart Cards
Others
Deployment Type Outlook (Revenue, USD Million; 2019-2030)
Cloud Based
On-Premises
Application Outlook (Revenue, USD Million; 2019-2030)
Payment Processing
Code and Document Signing
Application-level encryption
Database Encryption
Authentication
Document Signing
PKI and Credential Management
Others
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Regional Outlook of the Hardware Security Modules Market
The global Hardware Security Modules market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hardware Security Modules market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Hardware Security Modules Market report:
The latest report comprehensively studies the global Hardware Security Modules market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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