Press release
Hardware Security Modules Market Research Report and Predictive Business Strategy by Forecast 2021-2031 | Futurex, IBM Corporation, Futurex
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HSMs secure cryptographic keys and perform cryptographic operations with those keys. They are usually used in a public key infrastructure (PKI) to issue, revoke, and renew digital certificates and manage certificate revocation lists (CRLs). In general, an HSM provides mechanisms to generate, store, and use cryptographic keys in a secure way.
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Key Trends and Drivers
The major drivers for this market are the increasing need for data security and the compliance mandates for data security.
HSMs are used in a variety of applications, including:
securing communications between servers
securing sensitive data in databases
securing web applications
securing email communications
securing financial transactions
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Market Segments
By Type
LAN-Based
PCIe-Based
USB-Based
By Application
Payment Processing
Code and Document Signing
SSL and TLS
Authentication
Database Encryption
PKI or Credential Management
Application-Level Encryption
By Industry Vertical
BFSI
Discrete Manufacturing
Process Manufacturing
Media
Professional Services
Retail
Healthcare
Energy & Utility
Others
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Key Players
Gemalto NV
Thales E-Security
Utimaco GmbH
Futurex
IBM Corporation
Hewlett Packard Enterprise
ATOS SE
Ultra-Electronics
Swift Ledger
Spyrus Inc
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