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The future of the hardware encryption market looks promising with opportunities in the consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, and BFSI market. The global hardware encryption market is expected to grow with a CAGR of 29% to 31% from 2021 to 2026. The major drivers for this market are increasing demand in the consumer electronics, healthcare and banking & financial institutions.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of hardware encryption market report download the report brochure.

 
 
 


The study includes trends and forecasts for the global hardware encryption market by algorithm and standard, architectures, product, application and region as follows:

By Algorithm and Standard [$M shipment analysis for 2015 – 2026]:
  • Advanced Encryption Standard (AES) 
  • Rivest- Shamir-Adleman (RSA) Algorithm
  • Others
    • Data Encryption Standard (DES)
    • Secure Hash Algorithm (SHA)
    • Elliptic Curve Cryptography (ECC)
    • Digital Signature Algorithm (DSA)

By Architectures [$M shipment analysis for 2015 – 2026]:
  • Field-Programmable Gate Arrays (FPGA)
  • Application-Specific Integrated Circuits (ASIC)

By Product [$M shipment analysis for 2015 – 2026]:
  • External Hard Disk Drives
  • Internal Hard Disk Drives
  • Solid-State Drives
  • Inline Network Encryptors
  • USB Flash Drives

By Application [$M shipment analysis for 2015 – 2026]:
  • Consumer Electronics
  • IT & Telecom
  • Transportation
  • Aerospace and Defense
  • Healthcare
  • BFSI
  • Others

By Region [$M shipment analysis for 2015 – 2026]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World

Application-specific integrated circuit will remain the largest segment due to increasing demand of ASIC design based processors as they have small form factor and high speed. 

Consumer electronics will remain the largest application during the forecast period due to increase in practices like bring-your-own-devices.
The North America will remain the largest region during the forecast period due to increasing demand of automation & smart city projects, growth in IoT technology, and large investment in defense & healthcare facilities. 

Some of the hardware encryption companies profiled in this report include Western Digital, Samsung Electronics, Seagate Technology, Kingston Technology, Micron Technology, Toshiba, Kanguru Solutions, Maxim Integrated Products, NetApp, WinMagic, Thales e-security, and Gemalto.



 
Features of Hardware Encryption Market
 
  • Market Size Estimates: Hardware encryption market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Market size by algorithm and standard, architectures, product, application
  • Regional Analysis: Hardware encryption market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different application, algorithm and standard, architectures, product, and regions for hardware encryption market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the hardware encryption market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.




 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global hardware encryption market by algorithm and standard (advanced encryption standard, rivest- shamir-adleman algorithm, and others), architectures (field-programmable gate arrays and application-specific integrated circuits), product (external hard disk drives, internal hard disk drives, solid-state drives, inline network encryptors, USB flash drives), application (consumer electronics, IT & telecom, transportation, aerospace and defense, healthcare, BFSI, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the hardware encryption market?
Q.5 What are the business risks and threats to the hardware encryption market?
Q.6 What are emerging trends in the hardware encryption market and the reasons behind them?
Q.7 What are some changing demands of customers in the hardware encryption market?
Q.8 What are the new developments in the hardware encryption market? Which companies are leading these developments?
Q.9 Who are the major players in the hardware encryption market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the hardware encryption market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the hardware encryption market?

Table of Contents

 
  1. Executive Summary
  2. Market Background and Classifications
    • Introduction, Background, and Classifications
    • Supply Chain
    • Industry Drivers and Challenges
  3. Market Trends and Forecast Analysis from 2015 to 2026
    • Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
    • Global Hardware Encryption Market Trends (2015-2020) and Forecast (2021-2026)
    • Global Hardware Encryption Market by Algorithm and Standard
      • Advanced Encryption Standard (AES)
      • Rivest- Shamir-Adleman (RSA) Algorithm
      • Others
        • Data Encryption Standard (DES)
        • Secure Hash Algorithm (SHA)
        • Elliptic Curve Cryptography (ECC)
        • Digital Signature Algorithm (DSA)
    • Global Hardware Encryption Market by Architectures
      • Field-Programmable Gate Arrays (FPGA)
      • Application-Specific Integrated Circuits (ASIC)
    • Global Hardware Encryption Market by Product
      • External Hard Disk Drives
      • Internal Hard Disk Drives
      • Solid-State Drives
      • Inline Network Encryptors
      • USB Flash Drives
    • Global Hardware Encryption Market by Application
      • Consumer Electronics
      • IT & Telecom
      • Transportation
      • Aerospace and Defense
      • Healthcare
      • BFSI
      • Others
  4. Market Trends and Forecast Analysis by Region from 2015 to 2026
    • Global Hardware Encryption Market by Region
    • North American Hardware Encryption Market
      • Market by Algorithm and Standard
      • Market by Application
      • The US Hardware Encryption Market
      • The Canadian Hardware Encryption Market
      • The Mexican Hardware Encryption Market
    • European Hardware Encryption Market
      • Market by Algorithm and Standard
      • Market by Application
      • German Hardware Encryption Market
      • United Kingdom Hardware Encryption Market
      • French Hardware Encryption Market
      • Italian Hardware Encryption Market
    • APAC Hardware Encryption Market
      • Market by Algorithm and Standard
      • Market by Application
      • Chinese Hardware Encryption Market
      • Japanese Hardware Encryption Market
      • Indian Hardware Encryption Market
      • South Korean Hardware Encryption Market
    • ROW Hardware Encryption Market
      • Market by Algorithm and Standard
      • Market by Application
  5. Competitor Analysis
    • Product Portfolio Analysis
    • Geographical Reach
    • Porter’s Five Forces Analysis
  6. Growth Opportunities and Strategic Analysis
    • Growth Opportunity Analysis
      • Growth Opportunities for the Global Hardware Encryption Market by Algorithm and Standard
      • Growth Opportunities for the Global Hardware Encryption Market by Architectures
      • Growth Opportunities for the Global Hardware Encryption Market by Product
      • Growth Opportunities for the Global Hardware Encryption Market by Application
      • Growth Opportunities for the Global Hardware Encryption Market by Region
    • Emerging Trends in the Global Hardware Encryption Market
    • Strategic Analysis
      • New Product Development
      • Capacity Expansion of the Global Hardware Encryption Market
      • Technology Development
      • Mergers and Acquisitions in the Global Hardware Encryption Industry
  7. Company Profiles of Leading Players
    • Western Digital
    • Samsung Electronics
    • Seagate Technology
    • Kingston Technology
    • Micron Technology
    • Toshiba
    • Kanguru Solutions
    • Maxim Integrated Products
    • NetApp
    • WinMagic
    • Thales e-security
    • Gemalto

.

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Full Report: Hardware Encryption Market: Market Size, Trends and Growth Analysis Full Report $ 4,850
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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