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Global Hardware Encryption Market 2015-2019

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Description
    • Table Hardware Encryption Solutions
    • Working of Hardware Encryption
      • Table Working of Hardware Encryption
    • Encryption and Decryption Algorithms
    • Advantages and Disadvantages of Hardware Encryption
      • Advantages of Hardware Encryption
      • Disadvantages of Hardware Encryption
  • Market Scenario
    • Pricing
    • Comparison of Hardware-based Encryption and Software-based Encryption
    • Data Breach Statistics
      • Table Segmentation of Data Breaches by Type 2014
      • Table Segmentation of Data Breaches by Sector 2014
  • Market Landscape
    • Market Overview
      • Hardware Encrypted HDDs
        • Table Hardware Encrypted HDDs
      • Hardware Encrypted USB Drives
        • Table Hardware Encrypted USB Drives
      • In-line Encryptors
        • Table In-line Encryptors
      • Market Structure
        • Table Market Structure
      • Market Size and Forecast by Revenue
        • Table Global Hardware Encryption Market by Revenue 2014-2019 (US$ billion)
      • Market Size and Forecast by Unit Shipment
        • Table Global Hardware Encryption Market by Unit Shipment 2014-2019 (million units)
      • ASP Forecast
        • Table Global Hardware Encryption Market by ASP 2014-2019 (US$)
    • Five Forces Analysis
  • Product Lifecycle Analysis
    • Table Product Lifecycle of Global Hardware Encryption Market
  • Market Segmentation by Product
    • Global Hardware Encryption Market by Product 2014-2019
      • Table Global Hardware Encryption Market by Product 2014
      • Table Global Hardware Encryption Market by Product 2014-2019
    • Global Hardware Encryption Market by Hardware Encrypted HDDs
      • Market Size and Forecast
        • Table Global Hardware Encryption Market by Hardware Encrypted HDDs 2014-2019 (US$ billion)
    • Global Hardware Encryption Market by In-line Encryptors
      • Market Size and Forecast
        • Table Global Hardware Encryption Market by In-line Encryptors 2014-2019 (US$ billion)
    • Global Hardware Encryption Market by Hardware Encrypted USB Drives
      • Market Size and Forecast
        • Table Global Hardware Encryption Market by Hardware Encrypted USB Drives 2014-2019 (US$ billion)
  • Geographical Segmentation
    • Global Hardware Encryption Market by Geographical Segmentation 2014-2019
      • Table Global Hardware Encryption Market by Geographical Segmentation 2014
      • Table Global Hardware Encryption Market by Geographical Segmentation 2014-2019
      • Table Global Hardware Encryption Market by Geographical Segmentation 2014-2019 (US$ billion)
      • Hardware Encryption Market in APAC Region
      • Hardware Encryption Market in Americas
      • Hardware Encryption Market in EMEA Region
  • Market Attractiveness
    • Market Attractiveness by Product
      • Table Market Attractiveness by Product
    • Market Attractiveness by Geography
      • Table Market Attractiveness by Geography
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Vendor Analysis 2014
      • Comparison of Vendors Based on Products
        • Table Comparison of Vendors Based on Products
      • Key Developments
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Micron Technology
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Micron Technology: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Micron Technology: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Micron Technology: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Samsung
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Samsung: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Samsung: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Samsung: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Seagate
      • Key Facts
      • Business Overview
      • Revenue Segmentation by Channel 2014
        • Table Seagate: Revenue Segmentation by Channel 2014
      • Geographical Segmentation by Revenue 2014
        • Table Seagate: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Toshiba
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Toshiba: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Toshiba: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Toshiba: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
    • Western Digital
      • Key Facts
      • Business Overview
      • Channel Segmentation by Revenue 2014
        • Table Western Digital: Channel Segmentation by Revenue 2014
      • Channel Segmentation by Revenue 2013 and 2014
        • Table Western Digital: Channel Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Western Digital: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Key Insights
    • Sector-wise Adoption of Hardware Encryption
      • Table Sector-wise Adoption of Hardware Encryption 2014
    • Region-wise Adoption of Hardware Encryption
      • Table Region-wise Adoption of Hardware Encryption 2014
    • Penetration of Hardware Encrypted HDDs
      • Table Penetration of Hardware Encrypted HDDs 2014-2019
    • Penetration of Hardware Encrypted USB Drives
      • Table Penetration of Hardware Encrypted USB Drives 2014-2019
  • Assumptions
  • Other Reports in this Series

Global Hardware Encryption Market 2015-2019

About Hardware Encryption

Hardware-based techniques of protecting confidential data involve two processes: encryption and decryption. Encryption involves encoding of data into a form that is accessible to authorized users. Encoding requires an encrypting algorithm, which generates cipher text that can be read only after decryption. Decoding of confidential data requires an authorized user to type in a password or a key. In hardware-based encryption, individual processors execute the encryption and decryption processes. Encryption and decryption play a pivotal role in preventing unauthorized access to sensitive data. Encryption can help protect confidential data during storage and transmission.

TechNavio's analysts forecast the Global Hardware Encryption market to grow at a CAGR of 50.62 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Hardware Encryption market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following components:

  • Hardware encrypted HDDS
  • Hardware encrypted USB drives
  • In-line encryptors
The Global Hardware Encryption market is segmented as follows based on end-user:
  • Consumer Electronics, Communication and Network Security, MDA, Healthcare, and Enterprises
TechNavio's report, Global Hardware Encryption Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and lists growth prospects. The report includes a discussion of key vendors operating in the market.Key Regions
  • Americas
  • APAC
  • EMEA
Key Vendors
  • Micron Technology
  • Samsung Electronics
  • Seagate Technology
  • Toshiba
  • Western Digital Technologies
Other Prominent Vendors
  • Imation
  • Kanguru Solutions
  • Kingston Technology
  • Koolspan
  • Maxim Integrated Products
  • MerlinCryption
  • Netapp
  • SanDisk
  • Secude
  • Winmagic
Market Driver
  • Increased Regulatory Compliance Requirements
  • For a full, detailed list, view our report
Market Challenge
  • High Installation and Maintenance Costs
  • For a full, detailed list, view our report
Market Trend
  • Increased Adoption of Cloud-based Encryption Techniques
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Hardware Encryption Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Hardware Encryption Market: Micron Technology Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, Toshiba Corp. and Western Digital Technologies Inc.

Other Prominent Vendors in the market are: Imation, Kanguru Solutions, Kingston Technology, KoolSpan, Maxim Integrated Products, MerlinCryption, NetApp, SanDisk, Secude and WinMagic.

Commenting on the report, an analyst from TechNavio’s team said: “One key trend emerging in this market is the adoption of cloud-based encryption. Cloud-based encryption is cost-effective because it avoids the cost of replacing and upgrading hardware encrypted devices. Implementation of cloud-based encryption by SMEs is expected to be high because it is cost-effective.”

According to the report, one of the key drivers of this market is the increase in regulatory requirements that need to be met. A large amount of confidential data is stored on the hard disk of enterprises, which makes it mandatory for them to comply with regulations such as using encrypted hardware devices. Non-compliance with the regulations may lead to a penalty.

Further, the report states that the high TCO is one of the major challenges that the market faces. Because technology becomes obsolete in a very short time, the upgrade and replacement costs incurred for hardware encrypted devices are high. This can stop consumers buying hardware encrypted devices.

Companies Mentioned

Micron Technology, Samsung Electronics, Seagate Technology, Toshiba, Western Digital Technologies, Imation, Kanguru Solutions, Kingston Technology, Koolspan, MaximIntegrated Products, MerlinCryption, Netapp, SanDisk, Secude, Winmagic

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