Global Hardware Encryption Market Size study, By Architecture Type (Field Programmable Gate Arrays (FPGAs), Application-Specific Integrated Circuit (ASIC)), By Product Type (External HDD, Internal HDD, Solid-state Drive, Inline Network Encryptor, USB Flash Drive), By Application (Consumer electronics, IT & Telecom, Healthcare, Aerospace and Defense, Transportation, Others), and Regional Forecasts 2022-2028
- BIZ4957024
- 200 Pages
- May 2022
- ICT & Media
Hardware encryption is the technique that is adopted for encoding data into a form that is accessible to only authorized users. This technology can encrypt hardware data through high-end mathematical procedures and offers high security. The rising compliance with data privacy security regulations and standards, growing incidences of cyber-attacks, development of digital content coupled with increasing apprehension over data security and confidentiality are the primary factors that are fostering the market demand across the globe. For instance, according to Packetlabs, in 2021, Cybercrime is estimated to cost around USD 6 trillion around the world and the amount is anticipated to rise and climb to USD 10.5 trillion by 2025. Thereby, the growing occurrence of cybercrimes is expected to fuels the demand for hardware encryption, which, in turn, accelerates the market growth in the approaching years. However, heavy capital investments by stakeholders and a lack of awareness toward hardware encryption technology impede the growth of the market over the forecast period of 2022-2028. Also, the rising acceptance of cloud computing and substantial development of IoT in various industries is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Hardware Encryption Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising expenditure on technological developments, the growing need for protecting data and maintaining its privacy. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing incidences of data breach issues, development in IT & Telecom infrastructure, as well as growth of the countries like South Korea, India, Japan, and China would create lucrative growth prospects for the Hardware Encryption Market across the Asia-Pacific region.
Major market players included in this report are:
Western Digital Corp.
Samsung Electronics Co. Ltd.
Micron Technology Inc.
NetApp, Inc.
Kingston Technology Corp.
Seagate Technology PLC
Kanguru Solutions
Intel Corporation
WinMagic Inc.
Maxim Integrated Products, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Architecture Type
Field Programmable Gate Arrays (FPGAs)
Application-Specific Integrated Circuit (ASIC)
By Product Type
External HDD
Internal HDD
Solid-state Drive
Inline Network Encryptor
USB Flash Drive
By Application
Consumer electronics
IT & Telecom
Healthcare
Aerospace and Defense
Transportation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Hardware Encryption Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Hardware Encryption Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Hardware Encryption Market, by Architecture Type, 2020-2028 (USD Million)
1.2.3. Global Hardware Encryption Market, by Product Type, 2020-2028 (USD Million)
1.2.4. Global Hardware Encryption Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hardware Encryption Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hardware Encryption Market Dynamics
3.1. Hardware Encryption Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Compliance with data privacy security regulations and standards
3.1.1.2. Development of digital content
3.1.2. Market Challenges
3.1.2.1. Heavy capital investments by stakeholders
3.1.2.2. Lack of awareness toward hardware encryption technology
3.1.3. Market Opportunities
3.1.3.1. Rising acceptance of cloud computing
3.1.3.2. Substantial development and growth of IoT in various industries
Chapter 4. Global Hardware Encryption Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Hardware Encryption Market, by Architecture Type
6.1. Market Snapshot
6.2. Global Hardware Encryption Market by Architecture Type, Performance - Potential Analysis
6.3. Global Hardware Encryption Market Estimates & Forecasts by Architecture Type 2018-2028 (USD Million)
6.4. Hardware Encryption Market, Sub Segment Analysis
6.4.1. Field Programmable Gate Arrays (FPGAs)
6.4.2. Application-Specific Integrated Circuit (ASIC)
Chapter 7. Global Hardware Encryption Market, by Product Type
7.1. Market Snapshot
7.2. Global Hardware Encryption Market by Product Type, Performance - Potential Analysis
7.3. Global Hardware Encryption Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
7.4. Hardware Encryption Market, Sub Segment Analysis
7.4.1. External HDD
7.4.2. Internal HDD
7.4.3. Solid-state Drive
7.4.4. Inline Network Encryptor
7.4.5. USB Flash Drive
Chapter 8. Global Hardware Encryption Market, by Application
8.1. Market Snapshot
8.2. Global Hardware Encryption Market by Application, Performance - Potential Analysis
8.3. Global Hardware Encryption Market Estimates & Forecasts by Application 2018-2028 (USD Million)
8.4. Hardware Encryption Market, Sub Segment Analysis
8.4.1. Consumer electronics
8.4.2. IT & Telecom
8.4.3. Healthcare
8.4.4. Aerospace and Defense
8.4.5. Transportation
8.4.6. Others
Chapter 9. Global Hardware Encryption Market, Regional Analysis
9.1. Hardware Encryption Market, Regional Market Snapshot
9.2. North America Hardware Encryption Market
9.2.1. U.S. Hardware Encryption Market
9.2.1.1. Architecture Type estimates & forecasts, 2018-2028
9.2.1.2. Product Type estimates & forecasts, 2018-2028
9.2.1.3. Application estimates & forecasts, 2018-2028
9.2.2. Canada Hardware Encryption Market
9.3. Europe Hardware Encryption Market Snapshot
9.3.1. U.K. Hardware Encryption Market
9.3.2. Germany Hardware Encryption Market
9.3.3. France Hardware Encryption Market
9.3.4. Spain Hardware Encryption Market
9.3.5. Italy Hardware Encryption Market
9.3.6. Rest of Europe Hardware Encryption Market
9.4. Asia-Pacific Hardware Encryption Market Snapshot
9.4.1. China Hardware Encryption Market
9.4.2. India Hardware Encryption Market
9.4.3. Japan Hardware Encryption Market
9.4.4. Australia Hardware Encryption Market
9.4.5. South Korea Hardware Encryption Market
9.4.6. Rest of Asia Pacific Hardware Encryption Market
9.5. Latin America Hardware Encryption Market Snapshot
9.5.1. Brazil Hardware Encryption Market
9.5.2. Mexico Hardware Encryption Market
9.6. Rest of The World Hardware Encryption Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Western Digital Corp.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Samsung Electronics Co. Ltd.
10.2.3. Micron Technology Inc.
10.2.4. NetApp, Inc.
10.2.5. Kingston Technology Corp.
10.2.6. Seagate Technology PLC
10.2.7. Kanguru Solutions
10.2.8. Intel Corporation
10.2.9. WinMagic Inc.
10.2.10. Maxim Integrated Products, Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
TABLE 1. Global Hardware Encryption market, report scope
TABLE 2. Global Hardware Encryption market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Hardware Encryption market estimates & forecasts by Architecture Type 2018-2028 (USD Million)
TABLE 4. Global Hardware Encryption market estimates & forecasts by Product Type 2018-2028 (USD Million)
TABLE 5. Global Hardware Encryption market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 6. Global Hardware Encryption market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Hardware Encryption market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Hardware Encryption market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Hardware Encryption market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Hardware Encryption market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Hardware Encryption market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Hardware Encryption market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Hardware Encryption market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Hardware Encryption market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Hardware Encryption market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Hardware Encryption market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Hardware Encryption market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Hardware Encryption market
TABLE 56. List of primary sources, used in the study of global Hardware Encryption market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered
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