openPR Logo
Press release

Hardware Security Module - Dynamics, Comprehensive Analysis, Business Growth, Prospects and Opportunities 2025

11-17-2017 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
The future of the worldwide market for hardware security module is sound, with the demand predicted to increment at a healthy 11.6% CAGR over the forecast period from 2017 to 2025. At the forefront of driving the hardware security module (HSM) market is the increasing security concerns among data-sensitive companies across the world. To address this, enterprises are investing in cyber-security infrastructure, which in turn will drive the demand for hardware security module. Several governments are participating by laying stringent regulatory standards for vendors to adhere to the requisite cryptographic module.

On the other hand, the high cost of implementation of HSM continues to be the most glaring challenge for the growth of this market. Considering all the dynamics, the global hardware security module market is estimated to be worth US$40.43 bn by the end of 2025.

Get an exclusive sample of this report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27299

Automobile and Transportation to Emerge as Profitable Industry Vertical Segment

On the basis of type, the global hardware security module has been segmented into local interface, remote interface, USB token, and smart cards in this report. In 2015, remote interface HSM segment displayed the leading demand holding the leading revenue in the overall market. The segment was followed by local interface HSM type in terms of revenue share. Going forward, smart cards and USB tokens are anticipated to display robust growth on the back of the embedded features that these HSMs possess.

Application-wise, the global hardware security module market has been bifurcated into authentication, database encryption, document signing, secure socket layer, code signing, PKI/credential management, payment processing, and application level encryption. At present, authentication and secure socket layer are posing more demand than other application segments; however, payment processing application segment is expected to gain significantly followed by credential and PKI management.

Based on industry vertical, the market has been categorized into BFSI, government, technology and communication, industrial and manufacturing, energy and utility, retail and consumer products, healthcare and life sciences, and others. The other segment includes automobile, hospitality, and transportation. Amongst all, the other segment is anticipated to clock the leading growth rate owing to the deployment of HSM in transportation and automobile industry verticals. However, BFSI held the leading revenue share of the market in 2015 followed by healthcare and life sciences.

Browse Research Report @
https://www.transparencymarketresearch.com/hardware-security-modules.html

Asia Pacific to Clock Robust CAGR through 2025

Region-wise, this report takes stock of the potential of hardware security module market in the regions of North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Among these, North America hardware security module market is currently most profitable to serve a demand worth US$7.91 bn in 2017, and expanding at a CAGR of 11.0% for the forecast period of 2017 to 2025. Strong deployment of HSM for various applications predominantly among organizations in the U.S. will push the demand in the region to attract a revenue worth US$18.18 bn by 2025. Revenue in Europe hardware security module market is anticipated to increase at a CAGR of 11.8% over the 2017-2025 period, to reach US417.65 bn by 2025.

On the other hand, powered by Japan, the demand in Asia Pacific hardware security module market will increase from 0.98bn in 2017 to 2.88 bn by 2025 at 14.4% CAGR for the period. While countries such as Australia have displayed relatively slow deployment of HSM, the growing need to protect the cryptographic key from malicious attacks will generally increase the pace of deployment of HSM in the region over the forecast period.

Ultimaco GmbH, Thales e-Security Inc., Futurex, Gemalto NV, IBM Corporation, Hewlett Packard Enterprise Development L.P., Yubico, Ultra Electronics, and SWIFT are the leading companies operating in the global HSM market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Security Module - Dynamics, Comprehensive Analysis, Business Growth, Prospects and Opportunities 2025 here

News-ID: 821867 • Views: 114

More Releases from Transparency Market Research

Effervescent Packaging Market: Rising Demand for Fast Dissolving Drug Delivery S …
A recent study by Transparency Market Research (TMR) has detected that the global effervescent packaging market is heavily dependent on product innovation and in the near future, a number of strategic mergers and acquisitions will follow that will define the leader. Some of the key companies currently operating in the global effervescent packaging market are Sanner GmbH, Oracle Packaging, Inc., Unither Pharmaceuticals, Romaco Pharmatechnik GmbH, Parekhplast India Ltd., Tower Laboratories
Form-fill-seal Machines Market: Prosperity of Packaged Food and Beverage Industr …
An up-to-date study by Transparency Market Research (TMR) reveals that the global form-fill-seal machines market is fragmented in nature, although Robert Bosch GmbH does hold a position of strength, accounting for 11% of the overall market shares in 2017. Some of the other key players identified by the report who are making a mark in the global form-fill-seal machines market are: Tokyo Automatic Machinery Works Ltd., Uflex Ltd., Hayssen Flexible
Chatbot Market: Key Players and Production Information analysis
A 27.8% CAGR (Compound Annual Growth Rate) is set to mark the forecast period between 2016 and 2024, as per a Transparency Market Research (TMR) report. And, as per the analysts at TMR , some of the factors that the growth shall be attributed to are increasing popularity and adoption of Artificial Intelligence (AI) across industry verticals, including end-users, and innovation marking the landscape in a big way. This will
Digital Voice Recorder Market: Rising Allocations OnanalysisAnd Innovation
With the presence of a copious number of companies, the global market for digital voice recorder is fragmented with intense competition. In this scenario, top companies are aggressively engaged in technological advancements to serve ever-changing consumer demand, for which they are investing heavily in this market. In the years ahead, these players are likely to concentrate on regional expansion, for which they might resort to business alliances with regional players. Key

All 5 Releases


More Releases for HSM

Global Hardware Security Modules (HSM) Market Insights, Forecast
This report presents the worldwide Hardware Security Modules (HSM) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=51453 Table of Contents: 1 Study Coverage
Securosys’ Hardware Security Modules (HSM) receive FIPS 140-2 Level 3 Certific …
January 8, 2019 The Securosys Primus HSM have been granted FIPS 140-2 level 3 certification by The National Institute of Stand-ards and Technology of the United States of America (NIST). The FIPS 140-2 evaluation is required for the sale of cryptographic products to the US Federal Government as well as regulated industries such as financial and healthcare institutions, increasingly also non-regulated industries are embracing FIPS 140-2 to prove their secu-rity worthiness
Securosys Primus HSM App for Splunk® extends features of Splunk Enterprise plat …
The Securosys Primus Hardware Security Module (HSM) App for Splunk provides a user environment for immedi-ate and effective monitoring, analysis and visualization of Securosys Primus HSM devices and entire HSM clusters. The Splunk platform allows customers to import and index virtually all types of machine-generated data via a web-based interface and offers powerful search, monitoring and analysis capabilities. In addition, Splunk offers via the integration of apps and add-ons a
Hardware Security Module (HSM) Market: Rising Deployment of HSM Devices For Vari …
According to a new market report published by Transparency Market Research, the global hardware security module market is expected to reach a value of US$ 5,932.4 Mn by 2026 on account of rising security concerns across a number of industries. The market is projected to expand at a CAGR of 11.5% during the forecast period from 2018 to 2026.Growth of the hardware security module market is due to concerns over
Hardware Security Module (HSM) Market size and company share data
MarketResearchReports.Biz adds “Global Hardware Security Module (HSM) Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Hardware Security Module (HSM) market and the growth estimates for the forecasted period. The hardware security module (HSM) report provides analysis for the period 2016 – 2026, wherein 2018 to 2026 are the forecast years and 2017 is the base year. The report
Global Hardware Security Module (HSM) Market Forecast 2018 - 2026
Press Release - 30 May2018 Global Research and Development News -- . . "Hardware Security Module (HSM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -Hardware Security Module (HSM) Market: Overview The hardware security module (HSM) report provides analysis for the period 2016 – 2026, wherein 2018 to