Hardware encryption is used to encrypt the electronics hardware circuit and stay outside of the encryption of electronic communication products, through internal procedures communications data to determine whether they should continue to execute a program.
This report aims to provide a comprehensive presentation of the global market for Hardware Encryption, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hardware Encryption. This report contains market size and forecasts of Hardware Encryption in global, including the following market information:
Global Hardware Encryption Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Hardware Encryption market was valued at US$ 29810 million in 2023 and is projected to reach US$ 140470 million by 2029, at a CAGR of 24.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The growth of this market can be attributed to the huge demand for the processor based on ASIC design for the manufacturing of hardware-encrypted hard disk drives and USB drives, owing to their high speed and small form factor.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hardware Encryption companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hardware Encryption Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Hardware Encryption Market Segment Percentages, by Type, 2023 (%)
Encrypted Hard Disk Drives
Encrypted Solid-State Drives
Hardware Security Module
Others
Global Hardware Encryption Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Hardware Encryption Market Segment Percentages, by Application, 2023 (%)
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Global Hardware Encryption Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Hardware Encryption Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hardware Encryption revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Hardware Encryption revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Western Digital
Samsung Electronics
Seagate Technology
Micron Technology
Kingston Technology
Toshiba
Kanguru Solutions
Winmagic
Maxim Integrated Products
Netapp
Gemalto
Thales
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hardware Encryption, market overview.
Chapter 2: Global Hardware Encryption market size in revenue.
Chapter 3: Detailed analysis of Hardware Encryption company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hardware Encryption in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Hardware Encryption Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Hardware Encryption Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Hardware Encryption Overall Market Size
2.1 Global Hardware Encryption Market Size: 2022 VS 2031
2.2 Global Hardware Encryption Market Size, Prospects & Forecasts: 2019-2031
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Hardware Encryption Players in Global Market
3.2 Top Global Hardware Encryption Companies Ranked by Revenue
3.3 Global Hardware Encryption Revenue by Companies
3.4 Top 3 and Top 5 Hardware Encryption Companies in Global Market, by Revenue in 2022
3.5 Global Companies Hardware Encryption Product Type
3.6 Tier 1, Tier 2 and Tier 3 Hardware Encryption Players in Global Market
3.6.1 List of Global Tier 1 Hardware Encryption Companies
3.6.2 List of Global Tier 2 and Tier 3 Hardware Encryption Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Hardware Encryption Market Size Markets, 2022 & 2031
4.1.2 Encrypted Hard Disk Drives
4.1.3 Encrypted Solid-State Drives
4.1.4 Hardware Security Module
4.1.5 Others
4.2 By Type - Global Hardware Encryption Revenue & Forecasts
4.2.1 By Type - Global Hardware Encryption Revenue, 2019-2024
4.2.2 By Type - Global Hardware Encryption Revenue, 2024-2031
4.2.3 By Type - Global Hardware Encryption Revenue Market Share, 2019-2031
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Hardware Encryption Market Size, 2022 & 2031
5.1.2 IT & Telecom
5.1.3 BFSI
5.1.4 Government & Public Utilities
5.1.5 Manufacturing Enterprise
5.1.6 Others
5.2 By Application - Global Hardware Encryption Revenue & Forecasts
5.2.1 By Application - Global Hardware Encryption Revenue, 2019-2024
5.2.2 By Application - Global Hardware Encryption Revenue, 2024-2031
5.2.3 By Application - Global Hardware Encryption Revenue Market Share, 2019-2031
6 Sights by Region
6.1 By Region - Global Hardware Encryption Market Size, 2022 & 2031
6.2 By Region - Global Hardware Encryption Revenue & Forecasts
6.2.1 By Region - Global Hardware Encryption Revenue, 2019-2024
6.2.2 By Region - Global Hardware Encryption Revenue, 2024-2031
6.2.3 By Region - Global Hardware Encryption Revenue Market Share, 2019-2031
6.3 North America
6.3.1 By Country - North America Hardware Encryption Revenue, 2019-2031
6.3.2 US Hardware Encryption Market Size, 2019-2031
6.3.3 Canada Hardware Encryption Market Size, 2019-2031
6.3.4 Mexico Hardware Encryption Market Size, 2019-2031
6.4 Europe
6.4.1 By Country - Europe Hardware Encryption Revenue, 2019-2031
6.4.2 Germany Hardware Encryption Market Size, 2019-2031
6.4.3 France Hardware Encryption Market Size, 2019-2031
6.4.4 U.K. Hardware Encryption Market Size, 2019-2031
6.4.5 Italy Hardware Encryption Market Size, 2019-2031
6.4.6 Russia Hardware Encryption Market Size, 2019-2031
6.4.7 Nordic Countries Hardware Encryption Market Size, 2019-2031
6.4.8 Benelux Hardware Encryption Market Size, 2019-2031
6.5 Asia
6.5.1 By Region - Asia Hardware Encryption Revenue, 2019-2031
6.5.2 China Hardware Encryption Market Size, 2019-2031
6.5.3 Japan Hardware Encryption Market Size, 2019-2031
6.5.4 South Korea Hardware Encryption Market Size, 2019-2031
6.5.5 Southeast Asia Hardware Encryption Market Size, 2019-2031
6.5.6 India Hardware Encryption Market Size, 2019-2031
6.6 South America
6.6.1 By Country - South America Hardware Encryption Revenue, 2019-2031
6.6.2 Brazil Hardware Encryption Market Size, 2019-2031
6.6.3 Argentina Hardware Encryption Market Size, 2019-2031
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Hardware Encryption Revenue, 2019-2031
6.7.2 Turkey Hardware Encryption Market Size, 2019-2031
6.7.3 Israel Hardware Encryption Market Size, 2019-2031
6.7.4 Saudi Arabia Hardware Encryption Market Size, 2019-2031
6.7.5 UAE Hardware Encryption Market Size, 2019-2031
7 Hardware Encryption Companies Profiles
7.1 Western Digital
7.1.1 Western Digital Company Summary
7.1.2 Western Digital Business Overview
7.1.3 Western Digital Hardware Encryption Major Product Offerings
7.1.4 Western Digital Hardware Encryption Revenue in Global Market (2019-2024)
7.1.5 Western Digital Key News & Latest Developments
7.2 Samsung Electronics
7.2.1 Samsung Electronics Company Summary
7.2.2 Samsung Electronics Business Overview
7.2.3 Samsung Electronics Hardware Encryption Major Product Offerings
7.2.4 Samsung Electronics Hardware Encryption Revenue in Global Market (2019-2024)
7.2.5 Samsung Electronics Key News & Latest Developments
7.3 Seagate Technology
7.3.1 Seagate Technology Company Summary
7.3.2 Seagate Technology Business Overview
7.3.3 Seagate Technology Hardware Encryption Major Product Offerings
7.3.4 Seagate Technology Hardware Encryption Revenue in Global Market (2019-2024)
7.3.5 Seagate Technology Key News & Latest Developments
7.4 Micron Technology
7.4.1 Micron Technology Company Summary
7.4.2 Micron Technology Business Overview
7.4.3 Micron Technology Hardware Encryption Major Product Offerings
7.4.4 Micron Technology Hardware Encryption Revenue in Global Market (2019-2024)
7.4.5 Micron Technology Key News & Latest Developments
7.5 Kingston Technology
7.5.1 Kingston Technology Company Summary
7.5.2 Kingston Technology Business Overview
7.5.3 Kingston Technology Hardware Encryption Major Product Offerings
7.5.4 Kingston Technology Hardware Encryption Revenue in Global Market (2019-2024)
7.5.5 Kingston Technology Key News & Latest Developments
7.6 Toshiba
7.6.1 Toshiba Company Summary
7.6.2 Toshiba Business Overview
7.6.3 Toshiba Hardware Encryption Major Product Offerings
7.6.4 Toshiba Hardware Encryption Revenue in Global Market (2019-2024)
7.6.5 Toshiba Key News & Latest Developments
7.7 Kanguru Solutions
7.7.1 Kanguru Solutions Company Summary
7.7.2 Kanguru Solutions Business Overview
7.7.3 Kanguru Solutions Hardware Encryption Major Product Offerings
7.7.4 Kanguru Solutions Hardware Encryption Revenue in Global Market (2019-2024)
7.7.5 Kanguru Solutions Key News & Latest Developments
7.8 Winmagic
7.8.1 Winmagic Company Summary
7.8.2 Winmagic Business Overview
7.8.3 Winmagic Hardware Encryption Major Product Offerings
7.8.4 Winmagic Hardware Encryption Revenue in Global Market (2019-2024)
7.8.5 Winmagic Key News & Latest Developments
7.9 Maxim Integrated Products
7.9.1 Maxim Integrated Products Company Summary
7.9.2 Maxim Integrated Products Business Overview
7.9.3 Maxim Integrated Products Hardware Encryption Major Product Offerings
7.9.4 Maxim Integrated Products Hardware Encryption Revenue in Global Market (2019-2024)
7.9.5 Maxim Integrated Products Key News & Latest Developments
7.10 Netapp
7.10.1 Netapp Company Summary
7.10.2 Netapp Business Overview
7.10.3 Netapp Hardware Encryption Major Product Offerings
7.10.4 Netapp Hardware Encryption Revenue in Global Market (2019-2024)
7.10.5 Netapp Key News & Latest Developments
7.11 Gemalto
7.11.1 Gemalto Company Summary
7.11.2 Gemalto Business Overview
7.11.3 Gemalto Hardware Encryption Major Product Offerings
7.11.4 Gemalto Hardware Encryption Revenue in Global Market (2019-2024)
7.11.5 Gemalto Key News & Latest Developments
7.12 Thales
7.12.1 Thales Company Summary
7.12.2 Thales Business Overview
7.12.3 Thales Hardware Encryption Major Product Offerings
7.12.4 Thales Hardware Encryption Revenue in Global Market (2019-2024)
7.12.5 Thales Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Hardware Encryption Market Opportunities & Trends in Global Market
Table 2. Hardware Encryption Market Drivers in Global Market
Table 3. Hardware Encryption Market Restraints in Global Market
Table 4. Key Players of Hardware Encryption in Global Market
Table 5. Top Hardware Encryption Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Hardware Encryption Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Hardware Encryption Revenue Share by Companies, 2019-2024
Table 8. Global Companies Hardware Encryption Product Type
Table 9. List of Global Tier 1 Hardware Encryption Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Hardware Encryption Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Hardware Encryption Revenue, (US$, Mn), 2022 & 2031
Table 12. By Type - Hardware Encryption Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Hardware Encryption Revenue in Global (US$, Mn), 2024-2031
Table 14. By Application ? Global Hardware Encryption Revenue, (US$, Mn), 2022 & 2031
Table 15. By Application - Hardware Encryption Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Hardware Encryption Revenue in Global (US$, Mn), 2024-2031
Table 17. By Region ? Global Hardware Encryption Revenue, (US$, Mn), 2022 & 2031
Table 18. By Region - Global Hardware Encryption Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Hardware Encryption Revenue (US$, Mn), 2024-2031
Table 20. By Country - North America Hardware Encryption Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Hardware Encryption Revenue, (US$, Mn), 2024-2031
Table 22. By Country - Europe Hardware Encryption Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Hardware Encryption Revenue, (US$, Mn), 2024-2031
Table 24. By Region - Asia Hardware Encryption Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Hardware Encryption Revenue, (US$, Mn), 2024-2031
Table 26. By Country - South America Hardware Encryption Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Hardware Encryption Revenue, (US$, Mn), 2024-2031
Table 28. By Country - Middle East & Africa Hardware Encryption Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Hardware Encryption Revenue, (US$, Mn), 2024-2031
Table 30. Western Digital Company Summary
Table 31. Western Digital Hardware Encryption Product Offerings
Table 32. Western Digital Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 33. Western Digital Key News & Latest Developments
Table 34. Samsung Electronics Company Summary
Table 35. Samsung Electronics Hardware Encryption Product Offerings
Table 36. Samsung Electronics Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 37. Samsung Electronics Key News & Latest Developments
Table 38. Seagate Technology Company Summary
Table 39. Seagate Technology Hardware Encryption Product Offerings
Table 40. Seagate Technology Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 41. Seagate Technology Key News & Latest Developments
Table 42. Micron Technology Company Summary
Table 43. Micron Technology Hardware Encryption Product Offerings
Table 44. Micron Technology Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 45. Micron Technology Key News & Latest Developments
Table 46. Kingston Technology Company Summary
Table 47. Kingston Technology Hardware Encryption Product Offerings
Table 48. Kingston Technology Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 49. Kingston Technology Key News & Latest Developments
Table 50. Toshiba Company Summary
Table 51. Toshiba Hardware Encryption Product Offerings
Table 52. Toshiba Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 53. Toshiba Key News & Latest Developments
Table 54. Kanguru Solutions Company Summary
Table 55. Kanguru Solutions Hardware Encryption Product Offerings
Table 56. Kanguru Solutions Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 57. Kanguru Solutions Key News & Latest Developments
Table 58. Winmagic Company Summary
Table 59. Winmagic Hardware Encryption Product Offerings
Table 60. Winmagic Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 61. Winmagic Key News & Latest Developments
Table 62. Maxim Integrated Products Company Summary
Table 63. Maxim Integrated Products Hardware Encryption Product Offerings
Table 64. Maxim Integrated Products Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 65. Maxim Integrated Products Key News & Latest Developments
Table 66. Netapp Company Summary
Table 67. Netapp Hardware Encryption Product Offerings
Table 68. Netapp Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 69. Netapp Key News & Latest Developments
Table 70. Gemalto Company Summary
Table 71. Gemalto Hardware Encryption Product Offerings
Table 72. Gemalto Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 73. Gemalto Key News & Latest Developments
Table 74. Thales Company Summary
Table 75. Thales Hardware Encryption Product Offerings
Table 76. Thales Hardware Encryption Revenue (US$, Mn) & (2019-2024)
Table 77. Thales Key News & Latest Developments
List of Figures
Figure 1. Hardware Encryption Segment by Type in 2022
Figure 2. Hardware Encryption Segment by Application in 2022
Figure 3. Global Hardware Encryption Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Hardware Encryption Market Size: 2022 VS 2031 (US$, Mn)
Figure 6. Global Hardware Encryption Revenue, 2019-2031 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Hardware Encryption Revenue in 2022
Figure 8. By Type - Global Hardware Encryption Revenue Market Share, 2019-2031
Figure 9. By Application - Global Hardware Encryption Revenue Market Share, 2019-2031
Figure 10. By Type - Global Hardware Encryption Revenue, (US$, Mn), 2022 & 2031
Figure 11. By Type - Global Hardware Encryption Revenue Market Share, 2019-2031
Figure 12. By Application - Global Hardware Encryption Revenue, (US$, Mn), 2022 & 2031
Figure 13. By Application - Global Hardware Encryption Revenue Market Share, 2019-2031
Figure 14. By Region - Global Hardware Encryption Revenue Market Share, 2019-2031
Figure 15. By Country - North America Hardware Encryption Revenue Market Share, 2019-2031
Figure 16. US Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 17. Canada Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 18. Mexico Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 19. By Country - Europe Hardware Encryption Revenue Market Share, 2019-2031
Figure 20. Germany Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 21. France Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 22. U.K. Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 23. Italy Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 24. Russia Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 25. Nordic Countries Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 26. Benelux Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 27. By Region - Asia Hardware Encryption Revenue Market Share, 2019-2031
Figure 28. China Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 29. Japan Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 30. South Korea Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 31. Southeast Asia Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 32. India Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 33. By Country - South America Hardware Encryption Revenue Market Share, 2019-2031
Figure 34. Brazil Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 35. Argentina Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 36. By Country - Middle East & Africa Hardware Encryption Revenue Market Share, 2019-2031
Figure 37. Turkey Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 38. Israel Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 39. Saudi Arabia Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 40. UAE Hardware Encryption Revenue, (US$, Mn), 2019-2031
Figure 41. Western Digital Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. Samsung Electronics Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Seagate Technology Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Micron Technology Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Kingston Technology Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. Toshiba Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. Kanguru Solutions Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. Winmagic Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Maxim Integrated Products Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. Netapp Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 51. Gemalto Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 52. Thales Hardware Encryption Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
