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Hardware Security Module Market could be worth US$ 1.36 billion by 2031, says Premium Market Insights

07-11-2024 03:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Hardware Security Module Market Size And Forecast (2021 - 2031), Global And Regional Share, Trend, And Growth Opportunity Analysis Report Coverage: By Type (LAN Based, PCIe Based, And USB Based), Application (Payment Processing, Secure Socket Layer, Authentication, Code And Document Signing, Database Encryption, Credential Management, And Application-Level Encryption), And Industry (BFSI, Government, IT & Telecom, Healthcare, Manufacturing, Retail & Consumer Goods, And Others) The hardware security module market is expected to grow from US$ 1.36 billion in 2023 to US$ 3.85 billion by 2031; it is estimated to record a CAGR of 13.9% from 2023 to 2031...

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Competitive Landscape: Hardware Security Module Market:
Healthcare institutions are undergoing a significant digital transformation involving a mounting reliance on technology to deliver patient care and critical services. The rising digitalization in the healthcare industry offers access to medical information and services from anytime, anywhere, and ensures timely and efficient patient care. Digitalization has resulted in the introduction of several tools and methods for enhancing healthcare services. These tools help to keep the record of patients' information and health-related data accessible to doctors as well as patients. However, due to growing digitalization in healthcare systems, the industry has become prone to various kinds of cyberattacks and threats. For instance, according to Check Point Software Technologies Ltd's Check Point Research (CPR), healthcare institutions experienced 1,426 weekly attacks in 2022, an increase of over 60% compared to 2021. Thus, the rising threats of cyberattacks due to growing digitalization in the healthcare industry can generate the demand for enhanced security solutions such as hardware security modules. The hardware security modules can protect healthcare institutions from attacks such as distributed denial of service (DDoS), ransomware, phishing, and malware. Thus, the growing digitalization in the healthcare system creates lucrative opportunities for the hardware security module market

Thales SA
STMicroelectronics NV
Atos SE
International Business Machines Corp
Futurex LP
Swift SC
Infineon Technologies AG
Hewlett Packard Enterprise Development LP
Utimaco Management Services GmbH
Marvell Technology Inc

Chapter Details of Hardware Security Module Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Hardware Security Module Market Landscape
Part 04: Hardware Security Module Market Sizing
Part 05: Hardware Security Module Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Contact Person: Ankit Mathur
E-mail: sales@permiummarketinsights.com
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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