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Hardware Encryption Market by Algorithm and Standard (AES and RSA), Architecture (FPGA and ASIC), Product (Internal and External Hard Disk Drive, Solid-State Drive, USB, and Inline Encryptor), Application, Vertical, and Geography - Global Forecast to 2022

  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • VERTICAL SCOPE
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
      • MARKET RANKING ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL HARDWARE ENCRYPTION MARKET
    • HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD
    • HARDWARE ENCRYPTION MARKET, BY PRODUCT AND APPLICATION
    • COUNTRY-WISE ANALYSIS OF THE HARDWARE ENCRYPTION MARKET
    • HARDWARE ENCRYPTION MARKET SIZE, BY REGION
    • HARDWARE ENCRYPTION MARKET, BY VERTICAL
    • HARDWARE ENCRYPTION MARKET LIFE CYCLE ANALYSIS, BY PRODUCT (2016)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD
      • HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE
      • HARDWARE ENCRYPTION MARKET, BY PRODUCT
      • HARDWARE ENCRYPTION MARKET, BY APPLICATION
      • HARDWARE ENCRYPTION MARKET, BY VERTICAL
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table LIST OF REGULATORY COMPLIANCES FOR DATA PROTECTION
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • Table PORTER'S FIVE FORCES ANALYSIS WITH THEIR WEIGHTAGE IMPACT
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • COMPETITIVE RIVALRY
  • HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY ALGORITHM & STANDARD, 2013-2022 (MILLION UNITS)
    • 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)
  • HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY ARCHITECTURE, 2013-2022 (MILLION UNITS)
    • FIELD-PROGRAMMABLE GATE ARRAY (FPGA)
    • APPLICATION-SPECIFIC INTEGRATED CIRCUITS (ASIC)
  • HARDWARE ENCRYPTION MARKET, BY PRODUCT
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • EXTERNAL HARD DISK DRIVES
      • Table HARDWARE ENCRYPTION MARKET FOR EXTERNAL HARD DISK DRIVE, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR EXTERNAL HARD DISK DRIVE, BY REGION, 2013-2022 (MILLION UNITS)
    • INTERNAL HARD DISK DRIVE
      • Table HARDWARE ENCRYPTION MARKET FOR INTERNAL HARD DISK DRIVE, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR INTERNAL HARD DISK DRIVE, BY REGION, 2013-2022 (MILLION UNITS)
    • SOLID-STATE DRIVE
      • Table HARDWARE ENCRYPTION MARKET FOR SOLID-SATE DRIVE, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR SOLID-SATE DRIVE, BY REGION, 2013-2022 (MILLION UNITS)
    • INLINE NETWORK ENCRYPTOR
      • Table HARDWARE ENCRYPTION MARKET FOR INLINE NETWORK ENCRYPTOR, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR INLINE NETWORK ENCRYPTOR, BY REGION, 2013-2022 (MILLION UNITS)
    • USB FLASH DRIVE
      • Table HARDWARE ENCRYPTION MARKET FOR USB FLASH DRIVE, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR USB FLASH DRIVE, BY REGION, 2013-2022 (MILLION UNITS)
  • HARDWARE ENCRYPTION MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY APPLICATION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY APPLICATION, 2013-2022 (MILLION UNITS)
    • CONSUMER ELECTRONICS
      • Table HARDWARE ENCRYPTION MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • IT & TELECOM
      • Table HARDWARE ENCRYPTION MARKET FOR IT & TELECOM APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR IT & TELECOM APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • TRANSPORTATION
      • Table HARDWARE ENCRYPTION MARKET FOR TRANSPORTATION APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR TRANSPORTATION APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • AEROSPACE & DEFENSE
      • Table HARDWARE ENCRYPTION MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • HEALTHCARE
      • Table HARDWARE ENCRYPTION MARKET FOR HEALTHCARE APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR HEALTHCARE APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
      • Table HARDWARE ENCRYPTION MARKET FOR BFSI APPLICATION, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR BFSI APPLICATION, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • OTHERS
      • Table HARDWARE ENCRYPTION MARKET FOR OTHER APPLICATIONS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR OTHER APPLICATIONS, BY PRODUCT, 2013-2022 (MILLION UNITS)
  • HARDWARE ENCRYPTION MARKET, BY VERTICAL
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY VERTICAL, 2013-2022 (MILLION UNITS)
    • INDUSTRIAL
      • Table HARDWARE ENCRYPTION MARKET FOR INDUSTRIAL VERTICAL, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR INDUSTRIAL VERTICAL, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • COMMERCIAL
      • Table HARDWARE ENCRYPTION MARKET FOR COMMERCIAL VERTICAL, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR COMMERCIAL VERTICAL, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • RESIDENTIAL
      • Table HARDWARE ENCRYPTION MARKET FOR RESIDENTIAL VERTICAL, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR RESIDENTIAL VERTICAL, BY PRODUCT, 2013-2022 (MILLION UNITS)
    • GOVERNMENT
      • Table HARDWARE ENCRYPTION MARKET FOR GOVERNMENT VERTICAL, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET FOR GOVERNMENT VERTICAL, BY PRODUCT, 2013-2022 (MILLION UNITS)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table HARDWARE ENCRYPTION MARKET, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET, BY REGION, 2013-2022 (MILLION UNITS)
    • AMERICAS
      • Table HARDWARE ENCRYPTION MARKET IN AMERICAS, BY GEOGRAPHY, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN AMERICAS, BY GEOGRAPHY, 2013-2022 (MILLION UNITS)
      • Table HARDWARE ENCRYPTION MARKET IN AMERICAS, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN AMERICAS, BY PRODUCT, 2013-2022 (MILLION UNITS)
      • U.S.
      • REST OF NORTH AMERICA
      • SOUTH AMERICA
    • EUROPE
      • Table HARDWARE ENCRYPTION MARKET IN EUROPE, BY COUNTRY, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN EUROPE, BY COUNTRY, 2013-2022 (MILLION UNITS)
      • Table HARDWARE ENCRYPTION MARKET IN EUROPE, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN EUROPE, BY PRODUCT, 2013-2022 (MILLION UNITS)
      • U.K.
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • ASIA-PACIFIC
      • Table HARDWARE ENCRYPTION MARKET IN APAC, BY COUNTRY, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN APAC, BY COUNTRY, 2013-2022 (MILLION UNITS)
      • Table HARDWARE ENCRYPTION MARKET IN APAC, BY PRODUCT, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN APAC, BY PRODUCT, 2013-2022 (MILLION UNITS)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • ROW
      • Table HARDWARE ENCRYPTION MARKET IN ROW, BY REGION, 2013-2022 (USD BILLION)
      • Table HARDWARE ENCRYPTION MARKET IN ROW, BY REGION, 2013-2022 (MILLION UNITS)
      • MIDDLE EAST
      • AFRICA
        • Table HARDWARE ENCRYPTION MARKET IN ROW, BY PRODUCT, 2013-2022 (USD BILLION)
        • Table HARDWARE ENCRYPTION MARKET IN ROW, BY PRODUCT, 2013-2022 (MILLION UNITS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANK ANALYSIS
      • Table TOP 5 PLAYERS IN THE HARDWARE ENCRYPTION MARKET, 2015
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table 10 MOST RECENT NEW PRODUCT LAUNCHES IN THE HARDWARE ENCRYPTION MARKET
      • ACQUISITIONS & PARTNERSHIPS
        • Table 10 MOST RECENT ACQUISITIONS & PARTNERSHIPS IN THE HARDWARE ENCRYPTION MARKET
      • EXPANSIONS, AGREEMENTS, CONTRACTS, ALLIANCES, AND COLLABORATIONS
        • Table 5 MOST RECENT EXPANSIONS, AGREEMENTS, CONTRACTS, ALLIANCES, AND COLLABORATIONS IN THE HARDWARE ENCRYPTION MARKET
  • COMPANY PROFILES
    • INTRODUCTION
    • WESTERN DIGITAL CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • SAMSUNG ELECTRONICS CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SEAGATE TECHNOLOGY PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICRON TECHNOLOGY, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • KINGSTON TECHNOLOGY CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TOSHIBA CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • KANGURU SOLUTIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • WINMAGIC INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MAXIM INTEGRATED PRODUCTS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • NETAPP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
    • GEMALTO NV.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • THALES (E-SECURITY)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Hardware Encryption Market by Algorithm and Standard (AES and RSA), Architecture (FPGA and ASIC), Product (Internal and External Hard Disk Drive, Solid-State Drive, USB, and Inline Encryptor), Application, Vertical, and Geography - Global Forecast to 2022

“The global hardware encryption market is expected to grow at a CAGR of 29.3%”
The market is expected to reach USD 413.85 billion by 2022, growing at a CAGR of 29.3% between 2016 and 2022. Increasing concern for data security issue and privacy of data is one of the major factors fueling the growth of this market. In addition, growing requirement of regulatory compliances, expansion of digital content, and significant advantage over software encryption technology are expected to generate demand for hardware encryption. The key restraining factor for the growth of the hardware encryption market is the high capital investment. The total installation cost of hardware encryption technology includes licensing cost, annual maintenance cost, OPAL fees, pre-provisioning cost, staging cost, technical cost for password reset, user idle time cost for encryption, user excess operating cost, technical cost for the assistance of expert administration to encrypted drives.

“The hardware encryption market for advanced encryption standard (AES) is expected to grow at a highest rate during the forecast period”
The market for advanced encryption standard is expected to grow at the highest rate between 2016 and 2022. Advanced encryption standard is a symmetric-key algorithm, which implies that the same key is used for both the encryption and decryption processes. The fastest growth of this segment can be attributed to the wide acceptance of AES as a highly secure and fast algorithm for encryption.

“External hard disk drives is expected to hold the largest share during the forecast period”
External hard disk drive is expected to hold the largest share of the hardware encryption market during the forecast period. The external hard disk drives are used as the add-ons to the existing internal storage present in computing systems. External hard disks have all the features of an internal hard disk drive with additional features such as portable, reliable, and easy to install. The large market share of external hard disk drive based on product segment in hardware encryption market can be attributed mainly to the increasing demand for the portable self-encrypting drive (SED) market.

“The America to hold the largest market and APAC to grow at the highest rate for hardware encryption”
The Americas is expected to hold the largest share of the hardware encryption market during the forecast period. This region is home to many established hardware encryption manufacturing companies. The hardware encryption market in APAC is expected to grow at a high rate during the forecast period. The primary reason behind this market growth is the expansion of IT and telecommunication network in China, Thailand, Malaysia, South Korea, India, and other developing countries in APAC. APAC is home to various large number of consumer electronics companies, smartphone manufacturers, and advanced ICT technologies. The enterprises and SMBs in the APAC countries are adopting hardware encryption technique for data security. This is expected to boost the growth of the market for hardware encryption in APAC.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the hardware encryption market. The break-up of primary participants for the report has been shown below:
By Company Type: Tier 1 – 20 %, Tier 2 – 55%, and Tier 3 – 25%
By Designation: C-Level Executives –50%, Directors – 25%, and Others – 25%
By Region: North America –60%, Europe – 20%, APAC – 10%, and RoW – 10%

The report also profiles the key players in the hardware encryption market and analyzes their market ranking. The prominent players profiled in this report are Western Digital Corp. (U.S.), Samsung Electronics Co. Ltd. (South Korea), Seagate Technology PLC (Ireland), Kingston Technology Corp. (U.S.), Micron Technology Inc. (U.S.), Toshiba Corp. (Japan), Kanguru Solutions (U.S.), Maxim Integrated Products, Inc. (U.S.), NetApp (U.S.), WinMagic Inc. (U.S.), Thales e-security (U.S.), and Gemalto NV. (Netherlands).

Research Coverage:
This research report categorizes the global hardware encryption market on the basis of algorithm and standard, architectures, products, application, verticals, and geography. The report, in addition, provides the Porter’s five forces analysis, along with the description of each of its forces and their respective impact on the hardware encryption market. It also discusses the major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.

Reasons to Buy the Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the hardware encryption market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product launches, acquisitions, partnerships, expansion, agreement, contract, alliance and collaboration.


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