Global Hardware Security Modules (HSM) Market Outlook 2021
A hardware security module (HSM) is a physical computing device that safeguards and manages digital keys for strong authentication and provides crypto processing. These modules traditionally come in the form of a plug-in card or an external device that attaches directly to a computer or network server.
Hardware Security Modules (HSM) are devices specifically built to create a tamper-resistant environment in which to perform cryptographic processes (e.g. encryption or digital signing) and to manage keys associated with those processes. HSMs often provide cryptographic acceleration that is measured in terms of operations. These devices are used to protect critical data processing activities associated with server based applications and can be used to strongly enforce security policies and access controls. These modules are physical devices that traditionally come in the form of a plug-in card or an external network connected appliance and are often validated against security standards such as FIPS.
In terms of product classification, Hardware Security Modules (HSM) can be divided into three categories: LAN based, Pcle based and USB based. In 2019, Pcle based HSM accounts for about half of the total market share.
According to the product region, North America is the largest sales region of Hardware Security Modules (HSM) in 2019, followed by Europe.
Market Analysis and Insights: Global Hardware Security Modules (HSM) Market
The global Hardware Security Modules (HSM) market size is projected to reach US$ 2046.5 million by 2026, from US$ 1052 million in 2020, at a CAGR of 11.7% during 2021-2026.
This report focuses on Hardware Security Modules (HSM) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hardware Security Modules (HSM) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Hardware Security Modules (HSM) Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
LAN Based
PCle Based
USB Based
The segment of PCle based holds a comparatively larger share in global market, which accounts for about 47%.
Segment by Application
BFSI
Government
General Enterprise
Manufacturing
The BFSI holds an important share in terms of applications, and accounts for 47% of the market share.
Global Hardware Security Modules (HSM) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Hardware Security Modules (HSM) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Hardware Security Modules (HSM) Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Thales, Gemalto, Utimaco, Entrust Datacard, ATOS SE, Cavium, Ultra Electronics, Synopsys, Inc, Exceet Secure Solutions GmbH, Futurex, Yubico, Westone Information Industry Inc, Keyou, Beijing Dean information technology, Sansec, Beijing Jiangnan Gemen Technology, Fisec, Jiangnan Tianan, Jiangnan Brain, Jiangnan Information Security, etc.
Hardware Security Modules (HSM) are devices specifically built to create a tamper-resistant environment in which to perform cryptographic processes (e.g. encryption or digital signing) and to manage keys associated with those processes. HSMs often provide cryptographic acceleration that is measured in terms of operations. These devices are used to protect critical data processing activities associated with server based applications and can be used to strongly enforce security policies and access controls. These modules are physical devices that traditionally come in the form of a plug-in card or an external network connected appliance and are often validated against security standards such as FIPS.
In terms of product classification, Hardware Security Modules (HSM) can be divided into three categories: LAN based, Pcle based and USB based. In 2019, Pcle based HSM accounts for about half of the total market share.
According to the product region, North America is the largest sales region of Hardware Security Modules (HSM) in 2019, followed by Europe.
Market Analysis and Insights: Global Hardware Security Modules (HSM) Market
The global Hardware Security Modules (HSM) market size is projected to reach US$ 2046.5 million by 2026, from US$ 1052 million in 2020, at a CAGR of 11.7% during 2021-2026.
This report focuses on Hardware Security Modules (HSM) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hardware Security Modules (HSM) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
Global Hardware Security Modules (HSM) Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
LAN Based
PCle Based
USB Based
The segment of PCle based holds a comparatively larger share in global market, which accounts for about 47%.
Segment by Application
BFSI
Government
General Enterprise
Manufacturing
The BFSI holds an important share in terms of applications, and accounts for 47% of the market share.
Global Hardware Security Modules (HSM) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Hardware Security Modules (HSM) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Hardware Security Modules (HSM) Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Thales, Gemalto, Utimaco, Entrust Datacard, ATOS SE, Cavium, Ultra Electronics, Synopsys, Inc, Exceet Secure Solutions GmbH, Futurex, Yubico, Westone Information Industry Inc, Keyou, Beijing Dean information technology, Sansec, Beijing Jiangnan Gemen Technology, Fisec, Jiangnan Tianan, Jiangnan Brain, Jiangnan Information Security, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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