Insights on the Worldwide Hardware Encryption Industry to 2025 – Featuring Gemalto, IBM & Imation Among Others – Yahoo Finance

Dublin, April 24, 2020 (GLOBE NEWSWIRE) -- The "Hardware Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global hardware encryption market is currently experiencing robust growth. Encryption refers to the process of utilizing an algorithm to convert information or data into codes to prevent any unauthorized access. It protects sensitive data by transforming it into an unreadable ciphertext which can be decrypted using an encryption key. These types of encryption utilize a dedicated processor, which aids in the tasks of authentication and encryption. This processor is physically located on the encrypted drive which often generates the encryption key that can be unlocked using the user's password. Since it protects the data against threats, such as cold boot, malicious code and brute force attacks, it is widely being adopted across diverse industry verticals, including banking, corporate, IT & Telecom, healthcare, etc.

Escalating adoption rates of portable storage devices which are used to transfer information between computers and create backup are one of the major factors contributing to the market growth. Hardware encryption devices offer efficient confidentiality of personal data from unauthorized access, which has positively influenced their sales globally. Furthermore, the rising cases of cyber-attacks have led private organizations as well as governments to make a shift toward hardware encryption as these systems are more resilient and deliver faster performance when compared with software encryptions. Moreover, the increasing sales of consumer electronics have led smartphone manufacturers to include fingerprint scanners in their devices. This protects the privacy of the users as well as makes the process of encryption and decryption faster. Looking forward, the publisher expects the market to exhibit a CAGR of around 28% during 2020-2025.

The report has also analysed the competitive landscape of the market with some of the key players being Gemalto NV, IBM Corp., Imation Corp., Maxim Integrated Products, Micron Technology, Netapp, Samsung Electronics, SanDisk Corporation, Seagate Technology, Thales, Toshiba Corp., Western Digital Corp., Western Digital Technologies, Winmagic, etc.

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.3.1 Primary Sources2.3.2 Secondary Sources2.4 Market Estimation2.4.1 Bottom-Up Approach2.4.2 Top-Down Approach2.5 Forecasting Methodology

3 Executive Summary

4 Introduction4.1 Overview4.2 Key Industry Trends

5 Global Hardware Encryption Market5.1 Market Overview5.2 Market Performance5.3 Market Forecast

6 Market Breakup by Algorithm and Standard6.1 Advanced Encryption Standard (AES)6.1.1 Market Trends6.1.2 Market Forecast6.2 Rivest-Shamir-Adleman (RSA) 6.2.1 Market Trends6.2.2 Market Forecast6.3 Others6.3.1 Market Trends6.3.2 Market Forecast

7 Market Breakup by Architecture7.1 Field-Programmable Gate Arrays (FPGA)7.1.1 Market Trends7.1.2 Market Forecast7.2 Application-Specific Integrated Circuits (ASIC)7.2.1 Market Trends7.2.2 Market Forecast

8 Market Breakup by Product8.1 External Hard Disk Drives8.1.1 Market Trends8.1.2 Market Forecast8.2 Internal Hard Disk Drives8.2.1 Market Trends8.2.2 Market Forecast8.3 lnline Network Encryptors8.3.1 Market Trends8.3.2 Market Forecast8.4 USB Flash Drives8.4.1 Market Trends8.4.2 Market Forecast8.5 Others8.5.1 Market Trends8.5.2 Market Forecast

9 Market Breakup by Application9.1 Consumer Electronics9.1.1 Market Trends9.1.2 Market Forecast9.2 IT & Telecom9.2.1 Market Trends9.2.2 Market Forecast9.3 Transportation9.3.1 Market Trends9.3.2 Market Forecast9.4 Aerospace and Defense9.4.1 Market Trends9.4.2 Market Forecast9.5 Healthcare9.5.1 Market Trends9.5.2 Market Forecast9.6 BFSI9.6.1 Market Trends9.6.2 Market Forecast9.7 Others9.7.1 Market Trends9.7.2 Market Forecast

10 Market Breakup by Region10.1 Asia Pacific10.1.1 China10.1.1.1 Market Trends10.1.1.2 Market Forecast10.1.2 Japan10.1.2.1 Market Trends10.1.2.2 Market Forecast10.1.3 India10.1.3.1 Market Trends10.1.3.2 Market Forecast10.1.4 South Korea10.1.4.1 Market Trends10.1.4.2 Market Forecast10.1.5 Australia10.1.5.1 Market Trends10.1.5.2 Market Forecast10.1.6 Indonesia10.1.6.1 Market Trends10.1.6.2 Market Forecast10.1.7 Others10.1.7.1 Market Trends10.1.7.2 Market Forecast10.2 North America10.2.1 United States10.2.1.1 Market Trends10.2.1.2 Market Forecast10.2.2 Canada10.2.2.1 Market Trends10.2.2.2 Market Forecast10.3 Europe10.3.1 Germany10.3.1.1 Market Trends10.3.1.2 Market Forecast10.3.2 France10.3.2.1 Market Trends10.3.2.2 Market Forecast10.3.3 United Kingdom10.3.3.1 Market Trends10.3.3.2 Market Forecast10.3.4 Italy10.3.4.1 Market Trends10.3.4.2 Market Forecast10.3.5 Spain10.3.5.1 Market Trends10.3.5.2 Market Forecast10.3.6 Russia10.3.6.1 Market Trends10.3.6.2 Market Forecast10.3.7 Others10.3.7.1 Market Trends10.3.7.2 Market Forecast10.4 Latin America10.4.1 Brazil10.4.1.1 Market Trends10.4.1.2 Market Forecast10.4.2 Mexico10.4.2.1 Market Trends10.4.2.2 Market Forecast10.4.3 Argentina10.4.3.1 Market Trends10.4.3.2 Market Forecast10.4.4 Columbia10.4.4.1 Market Trends10.4.4.2 Market Forecast10.4.5 Chile10.4.5.1 Market Trends10.4.5.2 Market Forecast10.4.6 Peru10.4.6.1 Market Trends10.4.6.2 Market Forecast10.4.7 Others10.4.7.1 Market Trends10.4.7.2 Market Forecast10.5 Middle East and Africa10.5.1 Turkey10.5.1.1 Market Trends10.5.1.2 Market Forecast10.5.2 Saudi Arabia10.5.2.1 Market Trends10.5.2.2 Market Forecast10.5.3 Iran10.5.3.1 Market Trends10.5.3.2 Market Forecast10.5.4 United Arab Emirates10.5.4.1 Market Trends10.5.4.2 Market Forecast10.5.5 Others10.5.5.1 Market Trends10.5.5.2 Market Forecast

11 SWOT Analysis11.1 Overview11.2 Strengths11.3 Weaknesses11.4 Opportunities11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis13.1 Overview13.2 Bargaining Power of Buyers13.3 Bargaining Power of Suppliers13.4 Degree of Competition13.5 Threat of New Entrants13.6 Threat of Substitutes

14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players14.3.1 Gemalto NV14.3.1.1 Company Overview14.3.1.2 Product Portfolio 14.3.2 IBM Corp.14.3.2.1 Company Overview14.3.2.2 Product Portfolio 14.3.3 Imation Corp.14.3.3.1 Company Overview14.3.3.2 Product Portfolio14.3.4 Maxim Integrated Products14.3.4.1 Company Overview14.3.4.2 Product Portfolio 14.3.4.3 Financials14.3.4.4 SWOT Analysis14.3.5 Micron Technology14.3.5.1 Company Overview14.3.5.2 Product Portfolio14.3.5.3 Financials14.3.5.4 SWOT Analysis 14.3.6 Netapp14.3.6.1 Company Overview14.3.6.2 Product Portfolio 14.3.6.3 Financials14.3.6.4 SWOT Analysis14.3.7 Samsung Electronics14.3.7.1 Company Overview14.3.7.2 Product Portfolio 14.3.7.3 Financials14.3.7.4 SWOT Analysis14.3.8 SanDisk Corporation14.3.8.1 Company Overview14.3.8.2 Product Portfolio 14.3.9 Seagate Technology14.3.9.1 Company Overview14.3.9.2 Product Portfolio 14.3.10 Thales14.3.10.1 Company Overview14.3.10.2 Product Portfolio 14.3.11 Toshiba Corp.14.3.11.1 Company Overview14.3.11.2 Product Portfolio14.3.11.3 Financials14.3.11.4 SWOT Analysis 14.3.12 Western Digital Corp.14.3.12.1 Company Overview14.3.12.2 Product Portfolio 14.3.12.3 Financials14.3.12.4 SWOT Analysis14.3.13 Western Digital Technologies14.3.13.1 Company Overview14.3.13.2 Product Portfolio 14.3.14 Winmagic14.3.14.1 Company Overview14.3.14.2 Product Portfolio

For more information about this report visit https://www.researchandmarkets.com/r/nv221d

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Insights on the Worldwide Hardware Encryption Industry to 2025 - Featuring Gemalto, IBM & Imation Among Others - Yahoo Finance