Hardware Security Modules Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2021–2030

 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.

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 Key Players operating in the industry are:

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

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Segmentation:

  • 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 Analysis Covers:

  • 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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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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