The global hardware security modules market is expected to grow from USD 615 million in 2019 to USD 1.86 billion by 2027, at a CAGR of 13.61% during the forecast period 2020-2027.
A hardware security module (HSM) is a tamper-resistant hardware device that executes digital signature encryption & decryption functions, preserves & administers digital keys, verifies authentication, and other cryptographic functions. Businesses purchase hardware security modules in order to secure transactions, protect identities and provide security for sensitive data.
This study delivers a comprehensive analysis of type, deployment type, industry, application and regions. The research includes growth drivers as well as challenges prevalent in the global hardware security modules market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the hardware security modules market. The type segment includes USB-Based/Portable HSM, LAN-Based HSM/Network-Attached HSM, and PCIe-Based/Embedded Plugins HSM. The market for USB-based/portable plugins HSMs is anticipated to rise over the forecasted period thanks to its advantages over other segments like compact size, lower cost and portability functions. On the basis of deployment type, the market has been divided into cloud and on-premise. The cloud segment is estimated to grow at the highest CAGR because of its better safety & security features. Based on industry, the global hardware security modules market has been segmented into banking & financial services, energy & utilities, technology & communications, healthcare & life science, government, industrial & manufacturing industry, retail & consumer products, others. The others segment is forecasted to grow at a high rate. Based on application, the market has been divided into secure sockets layer & transport layer security, PKI or credential management, code & document signing, application-level encryption, payment processing, database encryption, and authentication. The authentication segment is anticipated to grow at the highest CAGR among others since it can protect users from fraud during online shopping/banking and prevent an invasion of users' privacy.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the introduction of new regulatory compliance requirements and the implementation of IoT & cloud technologies, which generate enormous data & information security opportunities, the Latin America region stands as a promising market for hardware security modules. It is expected to grow at the highest CAGR during the forecast period. The North America region accounted for the largest market share.
Some of the notable players in the hardware security modules market are FutureX, Hewlett-Packard Enterprise Development LP, Thales e-Security, Inc., Yubico, Gemalto NV, Utimaco GmbH, SWIFT, and International Business Machines Corporation, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global hardware security modules industry.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Hardware Security Modules Market Analysis And Forecast, By Type
Global Hardware Security Modules Market Analysis And Forecast, By Deployment Type
Global Hardware Security Modules Market Analysis And Forecast, By Industry
Global Hardware Security Modules Market Analysis And Forecast, By Application
Global Hardware Security Modules Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Deployment Type
4.3.3. Market Attractiveness Analysis By Industry
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Hardware Security Modules Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. USB-Based/Portable HSM
6.3. LAN-Based HSM/Network-Attached HSM
6.4. PCIe-Based/Embedded Plugins HSM
7. Global Hardware Security Modules Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Secure Sockets Layer & Transport Layer Security
7.3. PKI or Credential Management
7.4. Code & Document Signing
7.5. Application-Level Encryption
7.6. Payment Processing
7.7. Database Encryption
7.8. Authentication
8. Global Hardware Security Modules Market Analysis and Forecast, By Deployment Type
8.1. Segment Overview
8.2. Cloud
8.3. On-premise
9. Global Hardware Security Modules Market Analysis and Forecast, By Industry
9.1. Segment Overview
9.2. Banking & Financial Services
9.3. Energy & Utilities
9.4. Technology & Communications
9.5. Healthcare & Life Science
9.6. Government
9.7. Industrial & Manufacturing Industry
9.8. Retail & Consumer Products
9.9. Others
10. Global Hardware Security Modules Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Hardware Security Modules Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Hardware Security Modules Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. FutureX
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Hewlett-Packard Enterprise Development LP
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Thales e-Security, Inc
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Yubico, Gemalto NV
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Utimaco GmbH
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. SWIFT
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. International Business Machines Corporation
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
List of Table
1. Global Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
2. Global USB-Based/Portable HSM Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
3. Global LAN-Based HSM/Network-Attached HSM Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
4. Global PCIe-Based/Embedded Plugins HSM Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
5. Global Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
6. Global Cloud, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
7. Global On-premise, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
8. Global Dairy Products & Frozen Desserts, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
9. Global Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
10. Global Banking & Financial Services, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
11. Global Energy & Utilities, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
12. Global Technology & Communications, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
13. Global Healthcare & Life Science, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
14. Global Government, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
15. Global Industrial & Manufacturing Industry, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
16. Global Retail & Consumer Products, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
17. Global Others, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
18. Global Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
19. Global Secure Sockets Layer & Transport Layer Security, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
20. Global PKI or Credential Management, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
21. Global Code & Document Signing, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
22. Global Application-Level Encryption, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
23. Global Payment Processing , Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
24. Global Database Encryption, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
25. Global Authentication, Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
26. Global Hardware Security Modules Market, By Region, 2017–2027 (USD Billion)
27. Global Hardware Security Modules Market, By North America, 2017–2027 (USD Billion)
28. North America Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
29. North America Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
30. North America Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
31. North America Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
32. U.S. Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
33. U.S. Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
34. U.S. Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
35. U.S. Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
36. Canada Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
37. Canada Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
38. Canada Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
39. Canada Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
40. Mexico Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
41. Mexico Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
42. Mexico Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
43. Mexico Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
44. Europe Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
45. Europe Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
46. Europe Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
47. Europe Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
48. Germany Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
49. Germany Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
50. Germany Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
51. Germany Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
52. France Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
53. France Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
54. France Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
55. France Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
56. U.K Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
57. U.K Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
58. U.K Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
59. U.K Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
60. Italy Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
61. Italy Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
62. Italy Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
63. Italy Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
64. Spain Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
65. Spain Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
66. Spain Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
67. Spain Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
68. Asia Pacific Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
69. Asia Pacific Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
70. Asia Pacific Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
71. Asia Pacific Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
72. Japan Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
73. Japan Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
74. Japan Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
75. Japan Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
76. China Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
77. China Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
78. China Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
79. China Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
80. India Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
81. India Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
82. India Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
83. India Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
84. South America Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
85. South America Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
86. South America Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
87. South America Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
88. Brazil Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
89. Brazil Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
90. Brazil Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
91. Brazil Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
92. Middle East and Africa Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
93. Middle East and Africa Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
94. Middle East and Africa Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
95. Middle East and Africa Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
96. UAE Hardware Security Modules Market, By Type, 2017–2027 (USD Billion)
97. UAE Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
98. UAE Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
99. UAE Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
100. South Africa Hardware Security Modules Market, By Type , 2017–2027 (USD Billion)
101. South Africa Hardware Security Modules Market, By Application, 2017–2027 (USD Billion)
102. South Africa Hardware Security Modules Market, By Deployment Type, 2017–2027 (USD Billion)
103. South Africa Hardware Security Modules Market, By Industry, 2017–2027 (USD Billion)
List of Figures
1. Global Hardware Security Modules Market Segmentation
2. Hardware Security Modules Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Hardware Security Modules Market Attractiveness Analysis By Type
9. Global Hardware Security Modules Market Attractiveness Analysis By Application
10. Global Hardware Security Modules Market Attractiveness Analysis By Industry
11. Global Hardware Security Modules Market Attractiveness Analysis By Deployment Type
12. Global Hardware Security Modules Market Attractiveness Analysis By Region
13. Global Hardware Security Modules Market: Dynamics
14. Global Hardware Security Modules Market Share By Type (2020 & 2027)
15. Global Hardware Security Modules Market Share by Application (2020 & 2027)
16. Global Hardware Security Modules Market Share by Industry (2020 & 2027)
17. Global Hardware Security Modules Market Share by Deployment Type (2020 & 2027)
18. Global Hardware Security Modules Market Share by Regions (2020 & 2027)
19. Global Hardware Security Modules Market Share by Company (2019)
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