Hardware-based Full Disk Encryption Market 2022 Strategic Assessment- Samsung Electronics, Toshiba, Kingston, Micron Technology Inc, Intel

Global Hardware-based Full Disk Encryption Market 2022 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Hardware-based Full Disk Encryption market size, demand and revenue. The current Hardware-based Full Disk Encryption market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The global hardware encryption market generated revenue of $131.77 billion in 2019, and is projected to garner $1,239.85 billion by 2027, registering a CAGR of 32.2% during the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Hardware-based Full Disk Encryption Market: Seagate Technology PLC, Western Digital Corp, Samsung Electronics, Toshiba, Kingston, Micron Technology Inc, Intel, and others.

Recent developments

Western Digital launched the Ultrastar DC SN640 family, which is optimized for extreme performance in mixed-workload applications such as SQL Server, MySQL, virtual desktops, and other business-critical workloads using hyperconverged infrastructure (HCI) such as VMware vSAN and Microsoft Azure Stack HCI solutions. It delivers twice the performance in sequential writes compared to its predecessor. Supporting a variety of system designs, the new family comes in 3 form factors and offers a broad range of capacity points.

Samsung introduced a Common Criteria Evaluation Assurance Level (CC EAL) 5+ certified Secure Element (SE) turnkey solution for mobile devices. The new solution offers a strong security solution, consisting of a security chip (S3K250AF) and optimized software that fully guards private data on an isolated data storage device.

Micron launched the first open-source, heterogeneous-memory storage engine (HSE), designed specifically for SSDs and storage-class memory (SCM). Legacy storage engines born in the era of HDDs failed to architecturally provide for the increased performance and reduced latency of next-generation nonvolatile media. HSE, originally developed by Micron and now available to the open-source community, is ideal for developers using all-flash infrastructure who require the benefits of open-source software, including the ability to customize or enhance code for their unique use cases.

Market Overview:

Hardware encryption involves encoding of data or information into a form, which is accessible to only authorized users. Encoding of the hardware requires an encrypting algorithm that generates cipher text, which can be read only after decryption. Decoding this private data needs an authorized user to type in a key or a password. In hardware-based encryption process, both the encryption and decryption is carried out by individual processors. Encryption and decryption process plays an important role in preventing unauthorized access to sensitive or private data. Hardware encryption helps users to protect confidential data during transmission and storage. With advancements in technology, leading market players are developing various hardware-encrypted solutions to cater to the increasing demands in the storage industry which is providing lucrative hardware encryption market opportunity. 

Global Hardware-based Full Disk Encryption Market Split by Product Type and Applications:

This report segments the global Hardware-based Full Disk Encryption market on the basis of Types are:

Hard Disk Drive (HDD) FDE

Solid State Drives (SSD) FDE

On the basis of Application, the Global Hardware-based Full Disk Encryption market is segmented into:

IT & Telecom

BFSI

Government & Public Utilities

Manufacturing Enterprise

Others

Regional Analysis For Hardware-based Full Disk Encryption Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the Hardware-based Full Disk Encryption Market Report:
-Comprehensive assessment of all opportunities and risks in the Hardware-based Full Disk Encryption market.
-The detailed study of business strategies for the growth of the Hardware-based Full Disk Encryption market-leading players.
-Conclusive study about the growth plot of the Hardware-based Full Disk Encryption market for forthcoming years.
-In-depth understanding of Hardware-based Full Disk Encryption market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Hardware-based Full Disk Encryption market.

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What are the market fundamentals that are described in this report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Hardware-based Full Disk Encryption Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2017 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, researchers throw light on the pinpoint analysis of Global Hardware-based Full Disk Encryption. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. It also helps to address the risk and challenges in front of the businesses. Furthermore, it offers extensive research on sales approaches.

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