The global Hardware Security Modules (HSMs) market size reached USD 1.22 Billion in 2021 and is expected to register a revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on data security in cloud is a key factor driving market revenue growth.

The latest research report presents an all-inclusive study of the estimated Hardware Security Modules market size, value, and share in the foreseeable future. The report includes expert opinion on the market’s current landscape, alongside assessing the ongoing market trends. The report thus includes a broad segmentation of the market, comprising the major product types and application ranges, and further determines the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. Vital market statistics have been presented in a tabular format to help readers understand the market dynamics. Furthermore, it delivers a wide-ranging study highlighting the key industry aspects, such as import-export dynamics, production and consumption rates, sales channels, and consumer bases in the key regions.

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Competitive Outlook: The leading companies operating in the Hardware Security Modules market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Hardware Security Modules Market and Profiled in the Report are:

IBM Corporation, Thales Group, Utimaco Safeware., Atos SE, STMicroelectronics, Microchip Technology Inc., Hewlett Packard Enterprise, Gemalto NV, QLogic Corporation, and Futurex LP.

Objectives of the Report:

Study of the global Hardware Security Modules market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Hardware Security Modules market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Hardware Security Modules market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Hardware Security Modules market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Type Outlook (Revenue, USD Million; 2019-2030)

  • LAN Based
  • USB Based
  • PCI Based
  • Smart Cards
  • Others

• Deployment Type Outlook (Revenue, USD Million; 2019-2030)

  • Cloud Based
  • On-Premises

• Application Outlook (Revenue, USD Million; 2019-2030)

  • Payment Processing
  • Code and Document Signing
  • Application-level encryption
  • Database Encryption
  • Authentication
  • Document Signing
  • PKI and Credential Management
  • Others

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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