openPR Logo
Press release

Hardware Encryption Market Size, Share, Growth, Top Companies and Future Trends During 2022-2027

07-12-2022 01:04 PM CET | IT, New Media & Software

Press release from: IMARC Group

Hardware Encryption Market Size, Share, Growth, Top Companies

According to IMARC Group's latest report, titled "Hardware Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global hardware encryption market reached a value of US$ 228 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,251 Billion by 2027, exhibiting a CAGR of 32.66% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download Free Sample Report: https://www.imarcgroup.com/hardware-encryption-market/requestsample

Hardware encryption refers to the process of securing data using a dedicated processor physically located on the encrypted drive. It is widely used in encrypted USB, external hard disk drive (HDD), self-encrypting solid-state drive (SSD), and smartphones with built-in encryption capabilities. As compared to software encryption, hardware encryption is more cost-effective, fast, and easily scalable, offers enhanced performance by off-loading encryption from the host system and improved security parameters, and does not require additional software or driver installation.

Market Trends:

The global hardware encryption market is primarily being driven by the increasing adoption of portable data storage devices, including USB flash drives. In line with this, hardware encryption allows users to protect confidential and personal data from unauthorized access, which is propelling the market growth. Additionally, the rapid proliferation of smartphones and other consumer electronics has facilitated the incorporation of hardware encryption, such as fingerprint scanners, which is providing an impetus to market growth. Other factors, including the rising popularity of self-encrypting solid-state drives (SSD) due to their reliability and increasing product demand from private and governmental organizations due to rising cyber-attacks, are supporting the market growth.

Hardware Encryption Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the hardware encryption market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Gemalto NV
IBM Corp.
Imation Corp.
Maxim Integrated Products
Micron Technology
Netapp
Samsung Electronics
SanDisk Corporation
Seagate Technology
Thales
Toshiba Corp.
Western Digital Corp.
Western Digital Technologies
Winmagic

Key Market Segmentation:

The report has segmented the global hardware encryption market on the basis of algorithm and standard, architecture, product, application and region.

Breakup by Algorithm and Standard:

Advanced Encryption Standard (AES)
Rivest- Shamir-Adleman (RSA)
Others

Breakup by Architecture:

Field-Programmable Gate Arrays (FPGA)
Application-Specific Integrated Circuits (ASIC)

Breakup by Product:

External Hard Disk Drives
Internal Hard Disk Drives
Inline Network Encryptors
USB Flash Drives
Others

Breakup by Application:

Consumer Electronics
IT & Telecom
Transportation
Aerospace and Defense
Healthcare
BFSI
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, South Africa, Others)

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1852&flag=C

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hardware Encryption Market Size, Share, Growth, Top Companies and Future Trends During 2022-2027 here

News-ID: 2677507 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Hard

Hard to Kill Reviews | Become Unstoppable: Hard to Kill Program Enrollment Now O …
The Hard to Kill Program is a rigorous and holistic fitness and mindset training program developed to push individuals beyond their perceived limits. It combines physical training, mental conditioning, and nutritional guidance to create well-rounded, resilient individuals who can face life's challenges head-on. The program is often utilized by military personnel, first responders, athletes, and anyone looking to achieve peak performance and mental toughness. Core Components of the Program Physical Training The physical
Hard Disk Drives Market
Hard Disk Drives Market During the forecast period, the Hard Disk Drive (HDD) market is anticipated to expand at a CAGR of roughly 8.8%. Enterprises' increasing demand for data storage on flash drives and Solid State Drives, as well as their increasing use of desktop HDDs, portable HDDs, and network-attached storage HDDs to store software, operating systems, and other programs, are anticipated to fuel the market's expansion. Hard disc drives (HDDs)
Global Semi-hard & Hard Cheese Market to Witness a Pronounce Growth During 2025 …
In the recently published report, QY Research has provided a unique insight into the global Semi-hard & Hard Cheese market for the forecasted period of 7-years (2018-2025). The report has covered the significant aspects that are contributing the growth of the global Semi-hard & Hard Cheese market. The primary objective of this report is to highlight the various key market dynamics such as drivers, trends, and restraints that are impacting the global Semi-hard & Hard Cheese market.
Tickets for Hard Rock Calling
Hard Rock Calling is the perfect festival for all rock and music lovers. Held every year in Hyde Park London, this open air festival first started in 2006 and is still going strong. With an array of Rock royalty performing, this is one festival where you’re getting your money’s worth. Bruce Springsteen, The Who, Neil Young, Seasick Steve and Aerosmith have all graced the stages of Hard Rock Calling.
Times are Hard, Hard is Good
Kleve, March 2010 – Some heat treatment furnaces are as big as a townhouse. The new Ipsen Titan furnace, on the other hand, fits in a garage and is especially user-friendly and energy-efficient. When hardening metals – most often steel – their structure is altered by the application of heat followed by rapid cooling to increase their mechanical durability. Ipsen, the heat treatment experts from Kleve in Germany, now offer a
Exclusively designed portable hard drive
Elegant design and exceptional high-quality materials turn portable hard drives into a lifestyle product Germany - Karlsruhe, October 22nd, 2009 - With the brinell purestorage product series, brinell, the Karlsruhe-based creative designer, has put portable hard drives on the market, setting new standards in the area of IT peripherals. Not only do these units rank among the most compact USB hard drives in cheque card and pocket format with a capacity